Latest in China signals softening stance on private sector as economy flounders
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Citibank Joins Private Sector Retreat From Diversity Initiatives
In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.Inc. - 1h -
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - 11h -
The Lunar Economy Is Coming
The launch of the Blue Ghost module, scheduled to land on the moon early next month, is a key step in creating an Earth–moon supply chain.Wired - 8h -
In Private Remarks on Russia, Rubio Tries to Reassure Europeans
European officials were not sure what to make of the secretary of state’s measured assessment of Washington’s apparent pivot toward Moscow.The New York Times - 2h -
When Germany Votes, It Will Be About the Economy
The country’s competitiveness has stagnated and its once-powerful industries are suffering. Just ask these executives.The New York Times - 8h -
A Signal Update Fends Off a Phishing Technique Used in Russian Espionage
Google warns that hackers tied to Russia are tricking Ukrainian soldiers with fake QR codes for Signal group invites that let spies steal their messages. Signal has pushed out new safeguards.Wired - 2d -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - 21h -
Musk's private security detail deputized by U.S. Marshals Service, sources say
The U.S. Marshals Service routinely deputizes police. However, the move to deputize private security officers, who are not sworn law enforcement officials, is considered unorthodoxCBS News - 13h -
This stock sector can still soar during the late stages of the bull market — and there are easy ways to play it
Also: Nvidia earnings on deck, potential stock splits and big gains, a look at gold, and the Moneyist pulls no punches.MarketWatch - 2h -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - 3h -
Consumer sentiment sours as worries grow over outlook for U.S. economy
Confidence dropped 10% from January to the lowest level since late 2023.MarketWatch - 2h -
Treasury yields slip as data raise questions about strength of U.S. economy
U.S. Treasury yields slipped on Friday after a fresh batch of data raised questions about the strength of the U.S. economy.MarketWatch - 1h -
Trump Eyes a Bigger, Better Trade Deal With China
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.The New York Times - 2d -
China’s record-breaking blockbuster buoyed by patriotic viewers
‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewingsFinancial Times - 15h -
Moscow loathed the U.S. for years as its economy paid a high price for war — now, it’s doing a U-turn
Moscow has denigrated the United States' leadership, economy and culture — but now things are changing amid a "revival" of Russia-U.S. relations.CNBC - 1d -
Germany’s election will usher in new leadership — but might not turn tides for the country's struggling economy
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.CNBC - 12h -
IOC finds Olympic sponsor in China through 2032 to replace Panasonic of Japan
The International Olympic Committee has found a sponsor in China to replace long-term commercial partner Panasonic from JapanABC News - 1d -
Hasbro says it's taking steps to offset China tariff effects
Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.CNBC - 1d -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 1d -
China Defends South Africa’s G20 Ambitions as Rubio Snubs Meeting
The absence of Secretary of State Marco Rubio hung over the year’s first high-level meeting of the world’s largest economies, with diplomats fretting over turbulent times.The New York Times - 19h -
Japan warns over threat from China’s chip material export controls
Officials and executives say gallium rules will upset supply chains for chips and vehicle batteriesFinancial Times - 15h -
Planes diverted as China conducts rare military drill near Australia
China's naval exercise in the Tasman Sea has put Australia and New Zealand on alert, with Canberra calling it "unusual".BBC News - 7h -
Australia says China's "live fire" drill warning diverted flights midair
Australia's defense forces, joined by New Zealand, have been monitoring Chinese navy vessels since they were spotted last week.CBS News - 3h -
Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China
PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...The Guardian - 1h -
China supports 'recent consensus' between US and Russia on Ukraine war, foreign minister says
China supports “the recent consensus” between the U.S. and Russia on the war in Ukraine, said Wang Yi, the country’s foreign minister, amid ongoing discussions about bringing an end to the nearly ...The Hill - 14h -
If we want to win the 5G war with China, we need to fully embrace American capitalism
The race to dominate 5G technology is a decisive battle for economic supremacy in the 21st century. Unfortunately, the U.S. has fallen behind.The Hill - 1h