Latest in Share of U.S. companies in China looking to relocate hits a record high, survey finds
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Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.NBC News - 8h -
Record number of US companies weigh China exit as Trump tensions rise
Technology and R&D groups among most likely to consider relocation amid brewing trade conflictFinancial Times - 8h -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - 8h -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.CNBC - 11h -
Netflix shares jump as it adds record number of subscribers
Streaming pioneer’s total number of customers passes 300mn as it receives boost from live sportsFinancial Times - 1d -
Reddit shares rise 7%, hit record as Raymond James raises price target
Reddit shares closed up more than 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating.CNBC - 1d -
Why U.S. tech companies struggle to replicate China's WeChat 'super app' model
While 'super apps' have flourished in Asia, their adoption in Western markets has been slower. But more tech companies seek to bring the same model to the U.S.CNBC - 2d -
US share of global foreign direct investment surges to record
‘Exceptionalism’ of world’s biggest economy expected to continue as strong domestic demand drives inward flowsFinancial Times - 2d -
Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live
Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token. The UK chancellor, Rachel Reeves , will travel to the ...The Guardian - 3d -
High fertiliser use halves numbers of pollinators, world’s longest study finds
Even average use of nitrogen fertilisers cut flower numbers fivefold and halved pollinating insects. Using high levels of common fertilisers on grassland halves pollinator numbers and drastically ...The Guardian - 3d -
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.The New York Times - 6d -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - 6d -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - 6d -
Record label hits back at 'illogical' Drake lawsuit
Drake's record label accuses him of trying to "silence" Kendrick Lamar with a defamation lawsuit.BBC News - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Europe Accuses China of Unfairly Blocking EU Companies
The bloc alleges discrimination in the Chinese procurement market, raising the possibility of retaliation.The Wall Street Journal - Jan. 14 -
Nearly Half of Adults Worldwide Hold Antisemitic Views, Survey Finds
A fifth of the respondents haven’t heard of the Holocaust, during which six million Jews were killed, while 21% believe it has either been exaggerated by historians or it never happened.The Wall Street Journal - Jan. 14 -
British Airways owner’s transatlantic focus lifts shares to post-pandemic highs
Airline group doubles down on premium business between Europe and USFinancial Times - Jan. 14 -
Dementia risk may be twice as high as Americans live longer, study finds
The risk of developing dementia may be much higher than previously thought, a study published in the journal Nature Medicine has found.NBC News - Jan. 13 -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - Jan. 13 -
A look at Trump's track record of disaster misinformation
As wildfires ravage southern California, President-elect Donald Trump has attacked Democratic officials, continuing a pattern of spreading misinformation amid disasters.ABC News - Jan. 11 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Number of single adults in U.S. declines for 1st time in years, survey says
"Singledom has peaked," said Dr. Richard Fry, a labor economist at Pew Research Center who conducted the survey.CBS News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - Jan. 8 -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - Jan. 8 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1