Latest in China Nightmare Sales
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Europe Warily Watches U.S.-China Trade War
Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in Washington.The New York Times - 23h -
Wednesday Briefing: Canada and China Strike Back at Tariffs
Plus, a top architecture award for Liu Jiakun.The New York Times - 15h -
Explained: what is China’s Two Sessions meeting?
The annual political gathering begins this week in Beijing, with the economy, tech and Donald Trump’s trade war high on the agenda. China’s annual Two Sessions meetings begins this week, with ...The Guardian - 13h -
China will increase its defense budget 7.2% this year
China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern military to assert its territorial claims and challenge the U.S. defense ...ABC News - 7h -
China says it is ready for 'any type of war' with US
The comments come in response to US tariffs and as Beijing boosts defence spending by 7.2%.BBC News - 1h -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - Feb. 21 -
49ers exploring possible sale: 10% of team could be up for grabs at this record-setting price, per report
If you have $900 million, you might be able to buy part of the 49ersCBS Sports - Feb. 21 -
Bitcoin slides below $90,000 amid crypto selloff; Tesla sales almost halve across Europe – business live
Bitcoin has tumbled below $90,000 to hit the lowest since mid-November, as rising volatility hits crypto market. Full story: Tesla sales almost halve in Europe as Musk faces criticism over Trump ...The Guardian - Feb. 25 -
Tesla sales almost halve in Europe as Musk faces criticism over Trump ties
Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party. Sales of new Tesla cars almost halved in Europe last month, indicating waning demand ...The Guardian - Feb. 25 -
Switch 2 Could Launch In June For $400, Ex-Nintendo Sales Lead Predicts
Up until the moment the Nintendo Switch 2 is actually in players' hands, it's going to be a hotbed for speculation and rumors. Nintendo itself is expected to stay quiet until the planned ...GameSpot - Feb. 25 -
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.CNBC - Feb. 25 -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - Feb. 26 -
Advance Auto Parts’ stock skids as retailer predicts weak sales next quarter
Advance is also in the middle of a restructuring plan that will result in the closing of 500 stores.MarketWatch - Feb. 26 -
Lowe’s sees surprise sales growth amid DIY strength and post-hurricane rebuilds
Home-improvement retailer’s CEO is “prepared for anything” regarding tariffs and sees homeowners tapping into record equity to fund larger projects.MarketWatch - Feb. 26 -
Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales
Target has long used brand collaborations to attract shoppers to its stores and website.CNBC - Feb. 26 -
T.J. Maxx parent sees broad sales grow, as demand from all income groups rose
Full-year outlook was below current expectations, as it assumes a ‘small negative impact’ from China tariffs.MarketWatch - 6d -
Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.CNBC - 5d -
Canopy Growth’s stock falls to all-time low on pot company’s share-sale plans
Canopy Growth Corp.’s stock fell 9% to an all-time low on Monday after the cannabis company said it would sell up to $200 million of its stock.MarketWatch - 2d -
Chinese EV maker BYD raises $5.6bn in share sale to drive overseas expansion
Tesla rival says follow-on Hong Kong offering is the biggest in the global automotive sector in a decadeFinancial Times - 1d -
Target warns February sales were soft, adding to concerns about consumer health
Target’s weak first-quarter guidance added to concerns about consumer health after weak January spending numbers and a slide in consumer confidence.CNBC - 1d -
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.CNBC - 1d -
Yum Brands reveals Taco Bell growth target as its same-store sales shine
Taco Bell’s same-store sales are expected to rise 8% in the first quarter.MarketWatch - 21h -
Fanatical Spring Game Sale - Get Capcom, Sega, And More AAA Games For Cheap
The Fanatical Spring Sale 2025 is now live, offering thousands of PC games for steeply reduced prices. The vast majority of these are offered as Steam keys, and you'll get a Spring Bonus Drop for ...GameSpot - 19h -
Tesla’s UK sales rise despite threat of backlash over Musk’s political role
Sales of battery-powered cars jumped in February, with Model 3 and Model Y most popular after Mini Cooper. Sales of Teslas in the UK rose by more than a fifth last month as demand for ...The Guardian - 6h -
Adidas' fourth-quarter sales top expectations as final Yeezy stock sold off
Adidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off its last remaining Yeezy stock.CNBC - 1h -
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 - Feb. 20 -
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 - Feb. 20 -
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 - Feb. 20 -
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 - Feb. 20 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
On the ground in the Cook Islands, controversial deal with China stirs debate
Some residents say the agreement has harmed relations with New Zealand while others welcome the economic benefits it may bring. Standing under the shade of trees outside the Cook Islands parliament ...The Guardian - Feb. 22 -
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.The New York Times - Feb. 22 -
China conducts second live-fire drill near New Zealand
Report from New Zealand navy personnel comes a day after similar drill forced multiple airlines to change flight paths between Australia and New Zealand. Get our breaking news email , free app ...The Guardian - Feb. 22 -
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China taps tech talent to boost AI data centre boom
Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technologyFinancial Times - Feb. 22