Pwc China Hit with Sixmonth Ban over Evergrande Crisis
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FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - October 29 -
Views of China hit new low: Survey
Americans have a deteriorating view of China and its relations with the U.S., according to a Thursday report published by the Chicago Council on Global Affairs. Participants ranked the country 26 ...Politics - The Hill - October 24 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
China unveils first diagnosis guidelines to battle escalating obesity crisis
Chinese officials published the country’s first set of guidelines to standardize the diagnosis and treatment of obesity amid a national health crisis.Top stories - NBC News - October 23 -
US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped products to a firm linked with China’s military industrial complex.Business - The New York Times - 6 days ago -
Joseph banned for two matches over on-field row
West Indies fast bowler Alzarri Joseph is suspended for two matches after storming off against England following an argument with captain Shai Hope.Top stories - BBC News - 9 hours ago -
Crisis-hit Caley Thistle to announce fate of players and staff
The club, which has sacked manager Duncan Ferguson, is fighting for survival after entering administration.Top stories - BBC News - October 24 -
Cubans endure days without power as energy crisis hits hard
People cook with firewood after days of blackouts and supply issues.Top stories - BBC News - October 26 -
Crisis-hit VW eyeing plant closures, deep pay cuts: report
World - Yahoo News - October 28 -
Crisis-hit VW mulls closing at least three German plants
World - Yahoo News - October 28 -
Finland exports snow-saving mats to ski resorts hit by climate crisis
Preserving previous year’s snow for start of season can combat increasingly unpredictable winters. Before the arrival of electric fridges and freezers, people across Finland would saw a block of ...World - The Guardian - November 1 -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
China’s Car and Ship Exports Hit Record Despite Slowing Trade
World - Yahoo News - October 15 -
Philippines Says China Ship Hit Fisheries Boat Amid Sea Feud
World - Yahoo News - October 15 -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
U.S. Farmers Brace for Hit to China Exports Under Trump
The President-elect’s promised tariffs on Chinese imports will be met with retaliatory duties on American imports, which have hit the agricultural sector hard since 2018.Business - Inc. - Yesterday -
Middle East crisis live: world leaders express ‘grave concern’ at Israeli vote to ban Unrwa; deadly airstrikes reported in Lebanon
Israel passes bill dealing huge blow to humanitarian efforts in Gaza and the West Bank; at least 60 people killed in latest reported strikes . . The Israeli army told residents in parts of ...World - The Guardian - October 29 -
PwC accused of interfering in Australian tax leaks probe
Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permissionBusiness - Financial Times - November 1 -
The former PwC partner trying to reinvent the West Midlands
Richard Parker narrowly beat Andy Street in the mayoral contest, but is setting himself apart from his predecessorWorld - Financial Times - 4 days ago -
Harris: Trump remark on protecting women whether they like it or not 'offensive'
Vice President Harris slammed former President Trump for saying at a rally on Wednesday that he would be women’s “protector,” a phrase he used two months ago and again this week at a rally in ...Politics - The Hill - October 31 -
China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid debt crisis, says Ray Dalio.Business - CNBC - October 18 -
Nuno gets three-match touchline ban over red card
Nottingham Forest boss Nuno Espirito Santo is banned from the touchline for three matches following his red card in the draw at Brighton.Top stories - BBC News - October 18 -
‘Inhumane and wicked’: anguish over Italy’s expanded surrogacy ban
Most who seek surrogacy overseas, which is now punishable by jail terms and fines, are heterosexual couples . Maria Sole Giardini was campaigning outside the Italian parliament in 2021 for ...World - The Guardian - October 25 -
FA apologises to female Muslim footballer over tracksuit bottoms ban
Iqra Ismail, who does not wear shorts for religious reasons, was prevented from entering field of play during game. The Football Association has apologised to a Muslim footballer after she was ...World - The Guardian - October 29 -
New Yorkers may change their constitution to ban discrimination over ‘pregnancy outcomes’
An amendment to New York’s constitution could bar discrimination based on things including “gender identity” and “pregnancy outcomes.”Health - ABC News - 3 days ago -
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15 -
Middle East crisis live: child among four people killed in Israeli airstrike at hospital in south Beirut
Lebanese health ministry says more than 20 were wounded as spokesperson for hospital says entrance of hospital was hit. Israeli forces blew up homes and besieged schools and shelters for displaced ...World - The Guardian - October 21 -
Middle East crisis live: airstrikes hit Lebanon’s Baalbek and Bekaa valley after Israel issues evacuation order
The evacuation orders cover the southern Nabatieh region and eastern cities of Baalbek, Ain bourday and Durous in the Bekaa valley. Under the laws – which will not be implemented for several months ...World - The Guardian - October 30
