Latest in Chinese Car Sales Rise Sharply on Subsidies, Robust Demand
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Chinese Car Sales Rise Sharply on Subsidies, Robust Demand
The National Day holiday in early October, combined with a rally in Chinese equity markets, may have also supported consumer sentiment.Business - The Wall Street Journal - November 8 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
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 -
Russian sales of Chinese cars surge after western sanctions hit
Purchases of vehicles from Asian nation’s automakers reach fresh records as Russians ‘vote with their wallets’World - Financial Times - 6 days 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 -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - October 31 -
U.S. economy’s secret weapon, productivity, rises sharply again
One of the biggest drivers of a strong U.S. economy, worker productivity, showed another healthy gain in the summer and early fall, in a good omen for the current expansion.Business - MarketWatch - November 7 -
Shapiro's 2028 prospects rise sharply after Harris defeat
Pennsylvania Gov. Josh Shapiro (D) is being floated as a future standard-bearer for Democrats following the party’s stunning nationwide defeat on Election Day. Shapiro, who made it to the final ...Politics - The Hill - November 13 -
What Trump's return to the White House could mean for global bond yields
It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation.Business - CNBC - Yesterday -
UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.Business - CNBC - Yesterday -
Tokyo Gas Shares Rise Sharply After Elliott Builds Stake
Activist investors, once shunned by Japanese management, have become increasingly prominent in the Japanese market.Business - The Wall Street Journal - Yesterday -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - October 30 -
Dozens killed in car rampage through Chinese stadium
At least 35 people are killed and 43 injured after a car ploughed into a crowd of people in Zhuhai.Top stories - BBC News - November 12 -
EU to demand technology transfers from Chinese companies
New requirements will apply to batteries but could be expanded to other green sectorsWorld - Financial Times - 2 days ago -
California subsidies for manure-based biogas face rising scrutiny over pollution concerns
Tensions are rising in California's agricultural heartland over state subsidies for manure-based biogas that are meant to help reduce planet-warming emissions but that environmental groups and ...Politics - The Hill - October 23 -
Polls open after Harris and Trump finish their final push
Voting begins in one of the closest presidential contests in recent historyBusiness - Financial Times - November 5 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
Chinese police say driver in car attack was unhappy over divorce settlement
Chinese police say driver in car attack was unhappy over divorce settlementWorld - ABC News - November 12 -
Chinese driver accused of killing 35 people in car-ramming attack
Incident in southern city of Zhuhai follows string of apparently random acts of violenceBusiness - Financial Times - November 12 -
After Deadly Car Rampage, Chinese Officials Try to Erase Any Hint of It
Flowers left at the site of the attack, which killed at least 35 people, were quickly removed. Censors deleted videos, articles and comments about it.World - The New York Times - November 14 -
Britvic Profit Rises on Strong Demand, Brazil Performance
The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.Business - The Wall Street Journal - Yesterday -
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
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Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - November 6 -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - November 6 -
Volvo Cars says it will not support Northvolt as it slashes sales guidance
Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key marketsBusiness - Financial Times - October 23 -
Ford to cut 800 UK jobs as electric car sales stall
The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.Top stories - BBC News - Yesterday -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
Tractor Supply Co. ekes out sales gain in ‘tepid’ demand environment
Tractor Supply Co.’s third-quarter sales fell slightly short of estimates on Thursday in a lackluster environment, but the rural lifestyle retailer raised the lower end of guidance ranges.Business - MarketWatch - October 24 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.Business - Inc. - November 12 -
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.Business - The Wall Street Journal - November 11 -
Silence descends around China’s deadliest mass killing in years as flowers cleared away
Online discussion about China’s deadliest mass killing in years was being censored Wednesday as authorities in a southern city cleared candles and flowers from the memorial to the 35 people deadWorld - ABC News - November 13 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
Nivea Owner on Track to Meet Guidance After Rise in Sales
Beiersdorf confirmed its expectations for the year after posting an increase in sales during the first nine months, helped by its star brand.Business - The Wall Street Journal - October 24
