Latest in China expands its EV charging network as sales surge
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Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
With iPhone sales down and Apple Intelligence banned, Apple looks ready to compromise.Tech - Wired - October 26 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - November 15 -
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Temu owner PDD misses sales estimates amid China slowdown
Shares drop after tech group warns on ‘intensified competition’World - Financial Times - Yesterday -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
UK ministers resist car industry pressure to ease fines on EV sales targets
Amid pressure on manufacturers, electric vehicle sector holds two-hour meeting with cabinet ministers on mandateWorld - Financial Times - 2 days ago -
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of ...World - ABC News - 2 days ago -
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China arrests South Korean chip engineer on espionage charges
Move escalates battle over intellectual property theft between Beijing and Seoul in critical semiconductor sectorBusiness - Financial Times - October 29 -
Comcast will spin off its cable networks, once star performers at the entertainment giant
Comcast will spin off its cable networks, once star performers at the entertainment giantTech - ABC News - 3 days ago -
Why Palo Alto Networks’ stock is having its worst day in nine months
The stock is pacing S&P 500 laggards after a bearish downgrade at HSBC.Business - MarketWatch - 21 hours ago -
Nintendo’s 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.Tech - VentureBeat - November 5 -
Apple's four-phone strategy is lagging. One idea to reviving sales: Cut the cameras
Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.Business - CNBC - November 12 -
Unilever shelves planned sale of its ice cream business to private equity
Chief executive Hein Schumacher wants to separate division as part of turnaround planBusiness - Financial Times - 2 days ago -
Hertz booked a $1 billion charge as the value of its cars dropped
Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.Business - MarketWatch - November 12 -
Post-Election, Emergency Contraception Sales Are Surging. Women-Led Startups Are Meeting the Demand
Customers are stocking up on the morning-after pill—which remains legal in all 50 states—in advance of the next Trump presidency.Business - Inc. - November 14 -
China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - October 30 -
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Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
China’s favourite tipple may finally shake off its hangover
Rebound in overseas sales and share buybacks could help Kweichow Moutai recoverBusiness - Financial Times - October 25 -
China Tightens Its Hold on Minerals Needed to Make Computer Chips
Already the dominant producer of rare minerals, Beijing is using export restrictions and its power over state-owned companies to further control access.Business - The New York Times - October 28 -
China declares success as its youngest astronauts reach space
The BBC’s Laura Bicker sees the Shenzhou 19 spacecraft take off in a record year of space exploration.Top stories - BBC News - October 30 -
Spain Opens Its Doors to China as a European Trade War Looms
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.Business - The New York Times - October 30 -
China targets 2mn lifts to keep its ageing population upwardly mobile
A campaign is under way to retrofit older apartments but authorities and residents are fighting over the billWorld - Financial Times - November 2 -
Pakistan loses its edge in supplying China with sesame seeds
Companies squeezed by falling prices as other countries compete to cultivate crop prized in Chinese kitchensBusiness - Financial Times - November 4 -
Why China's Solar Boom Is a Bust for Its Leading Players
Shielded by tariffs and fostered by subsidies, a solar panel commands triple the price in the U.S. compared with China and Europe, but expanding in America has become trickier.World - The Wall Street Journal - November 5 -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - November 8 -
China’s cleantech boom fuels its confidence on the climate stage
Green energy success is helping Beijing push back against western political pressureWorld - Financial Times - November 11 -
China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.Business - CNBC - 3 days ago -
To Challenge China, India Needs to Get Out of the Way of Its Factory Owners
India has a fresh chance to become a manufacturing powerhouse with the election of Donald Trump, who has promised to levy sky-high import tariffs on Chinese goods.World - The Wall Street Journal - 9 hours ago -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...Business - MarketWatch - November 15 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
NHK said the founding family will raise over 8 trillion yen from "three Japanese megabanks and major American financial institutions."Business - CNBC - 3 days ago -
Apple reports robust demand for iPhone 16 even as overall sales in China slow
Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...World - The Guardian - October 31