Latest in China Corporate Profits
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As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - 2d -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 3d -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - 9h -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 14h -
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - 15h -
China is winning the race for green supremacy
The west needs to co-operate, cautiously, with Beijing in the renewable energy tradeFinancial Times - 1d -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - 2d -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - 2d -
Meta and Amazon axe diversity initiatives joining US corporate rollback
The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.BBC News - 2d -
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 - 2d -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 3d -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - 4d -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - 4d -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - 4d -
Corporate borrowers kick off 2025 with record-setting $83bn bond bonanza
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White HouseFinancial Times - 4d -
British track and field body charged with corporate manslaughter over Paralympic athlete's death
The governing body for track and field in Britain and a sports official have been charged with manslaughter over the death of a Paralympic athlete who was hit on the head by a metal pole during ...ABC News - 5d -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - 5d -
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 - 5d -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - 5d -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - 5d -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - 5d -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - 5d -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - 6d -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - 6d -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - Jan. 3 -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - 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 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Neil Young shuns Glastonbury over 'corporate control'
The rock star says the festival, which is partnered with the BBC, is "now under corporate control".BBC News - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
Neil Young pulls out of Glastonbury 2025, claiming festival is ‘under corporate control’ of BBC
The 79-year-old musician says the music festival is ‘not the way I remember it being’ after BBC ‘wanted us to do a lot of things in a way we were not interested in’. Neil Young has announced that ...The Guardian - Jan. 1 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
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 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
