Us Eu Firms Lament Record Difficulty Operating in China
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China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - 1d -
New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World
The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.Wired - 1d -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - 12h -
China discussing using Musk as broker in TikTok deal
Officials consider involving billionaire confidant of Donald Trump in effort to save video app from US banFinancial Times - 13h -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - 1d -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - 1d -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - 1d -
Britain doesn’t need to walk a US or EU path on AI
Going our own way will unleash national renewalFinancial Times - 2d -
‘White people shouldn’t mess with it’: Native American church laments psychedelic cactus shortage
Western ‘psychedelic renaissance’ is partly to blame for dwindling supplies of peyote, which produces mescaline. Aldous Huxley wrote about the spiritual visions he had while taking the drug ...The Guardian - 3d -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - 4d -
2024 was hottest year on record for world’s land and oceans, US scientists confirm
Noaa says last year was the warmest since records began in 1850 and Nasa concurs: ‘The long-term trends are very clear’. It was the hottest year ever recorded for the world’s lands and oceans in ...The Guardian - 4d -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - 5d -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - 5d -
Arteta laments 'different' Cup ball in Arsenal loss
Mikel Arteta has suggested Arsenal's failure to adapt to the Carabao Cup ball was a factor in Tuesday's 2-0 semifinal, first leg defeat to Newcastle United.ESPN - 6d -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - Jan. 7 -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - Jan. 6 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
FBI: New Orleans attacker recorded area using Meta smart glasses weeks before attack
FBI officials said the man behind the deadly New Year's Day attack in New Orleans had visited the city twice in late 2024 and recorded the Bourbon Street area using Meta smart glasses. NBC News' ...NBC News - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
US rugby star Ilona Maher eyes Bristol debut as ticket sales break club record
Sevens stars set for debut with Bristol women’s team Close to 8,000 fans are expected in record turnout Ticket sales have broken a record ahead of US rugby star Ilona Maher making her debut for ...The Guardian - Jan. 3 -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - Jan. 3 -
Germany’s Hensoldt urges EU to follow US on local arms procurement
Radar maker says bloc can use existing laws to bypass free trade rules and boost region’s defence infrastructureFinancial Times - Jan. 3 -
China’s Zhangzhou nuclear plant Unit 1 begins commercial operations
Yahoo News - Jan. 2 -
New Orleans truck attacker's financial difficulties revealed, divorce proceedings detailed
Anna Schecter, senior coordinating producer for CBS News' Crime and Public Safety Unit, has the latest information on the New Orleans truck attacker that killed at least 15 people early on New ...CBS News - Jan. 2 -
Multiple divorces and financial difficulties: New Orleans suspect's court filings
The man suspected in the attack in New Orleans had a checkered marital history punctuated by multiple divorces and financial difficulty, according to court records.ABC News - Jan. 2 -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
