The World Is Not Just China and the Us Luxury Industry Confident Despite Headwinds
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Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
This election season will have a destabilizing effect on US-China relations
Electoral math risks pulling the U.S. and China into direct conflict. In a worst case scenario, that could mean the brink of war.The Hill - Politics -
FirstFT: US wants allies to cut chip-related China exports
Also in today’s newsletter, BHP plans £31bn bid for Anglo American and Alphabet announces its first dividendFinancial Times - World - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - Business - China -
US wants allies to cut chip-related China exports amid Huawei alarm
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technologyFinancial Times - World - China -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
A Spring Luxury Shopping Spree: Everything to Buy Right Now
From cool cowboy boots to grand gardening gear, here’s what you should buy this month.The Wall Street Journal - World -
Rise in all-cash transactions turbo charge price gains for luxury homes
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.CBS News - Top stories -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
More Americans have little, no confidence in Netanyahu: Poll
An increasing number of Americans have little to no trust in Israeli Prime Minister Benjamin Netaynahu's handling of world affairs, according to a new poll. A new report, issued Thursday by Pew Research Center, found 53 percent of U.S. adults said ...The Hill - Politics -
Yellen confident U.S. inflation will continue to cool
Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months aheadMarketWatch - Business -
How big a threat to Humza Yousaf is a no-confidence vote?
How likely is the first minister to be ousted by a vote of confidence in the Scottish Parliament?BBC News - Top stories -
Scottish Greens will vote to oust Yousaf after he ends power-sharing deal
Patrick Harvie says Humza Yousaf "burnt his bridges" by scrapping the power-sharing deal between the SNP and Greens.BBC News - Top stories -
Welcome to Scam World
To own a computer or smartphone — indeed, to engage with the digital world to any degree — is to be a mark. You can try to block, encrypt and unsubscribe your way out of it, but you may not succeed.The New York Times - Lifestyle -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
An Industry Veteran Drew on Family History to Create a Brand
Neil Duckworth designs watches that have a distinctly vintage feel at a price “I would spend myself.”The New York Times - Lifestyle -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Business - China -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Top stories - China -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - Business -
Astronauts confident Boeing's Starliner is finally ready for crew flights
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.CBS News - Top stories -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
Being Stuck in a Courtroom Is Just What Trump Needed
To win a political campaign, you want to put your candidate in a setting that provides a chance to excel. For Trump, that’s the trial.The New York Times - Top stories - Donald Trump -
It’s Not Just a Wedding Cake, It’s ‘Edible Haute Couture’
Bastien Blanc-Tailleur, a luxury cake designer based in Paris, creates opulent confections for high-profile clients, including European royalty and American socialites.The New York Times - Lifestyle