Latest in Chinese Companies
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British Steel’s Chinese owner says UK government must ‘respect’ its rights
Jingye makes first comments after ministers seized control of struggling companyFinancial Times - 13h -
Chinese tea chain Chagee aims for $400mn New York IPO despite tariff war
Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three yearsFinancial Times - 12h -
Russia opens door to western companies after Ariston’s return
Moscow hopes transfer of seized business back to Italian owner will show companies a path back into Russian marketFinancial Times - 17m -
The Chinese Dream is to Xi what Maga is to Trump
Tariff conflict arises out of the collision course between two very different political mindsetsFinancial Times - 17m -
Even with tariffs looming, Jim Cramer says consumer companies must cut prices
CNBC's Jim Cramer on Wednesday told investors it is likely consumer-oriented companies will be compelled to lower prices.CNBC - 4h -
Meta’s Antitrust Trial Begins as FTC Argues Company Built Social Media Monopoly
Mr. Zuckerberg went to court on Monday in a trial focused on his social media company’s acquisitions of Instagram and WhatsApp. The case could reshape Meta’s business.The New York Times - 2d -
US places sanctions on Chinese refinery over Iran oil purchases
Trump administration accuses Shandong Shengxing Chemical of buying crude as it increases pressure on Beijing and TehranFinancial Times - 8h -
Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet
Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact on the global economy intensifies.CNBC - 9h -
Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War
President Trump has threatened tariffs on Taiwan and the chip industry. China has signaled it will not let the trade war keep it from the technology it needs.The New York Times - 1d -
Spotify outage affects thousands of users. Company denies hack.
Thousands of Spotify users reported problems using the streaming music app on Wednesday.CBS News - 11h -
European Spa Company Therme Misrepresented Itself in an Effort to Expand Into Canada
A Times investigation shows Therme, a European firm, exaggerated its track record in securing a deal with Ontario, and government auditors found that the process had been unfair and opaque.The New York Times - 11h -
Harley-Davidson accuses activist shareholder of putting the company’s future at risk
Harley-Davidson’s management team has accused activist shareholder H Partners of “self-serving action” for calling for the firing of the motorcycle maker’s chief executive officer and two of its ...MarketWatch - 8h -
Former cyber official targeted by Trump quits company over move
Chris Krebs, the former senior cybersecurity official whom President Donald Trump fired for affirming the 2020 presidential election was secure, is leaving his private sector cybersecurity job ...NBC News - 5h -
US House panel probes whether DeepSeek used restricted Nvidia chips
Lawmakers say the Chinese AI group is a ‘profound threat’ to national securityFinancial Times - 4h -
Temu and Shein slash US ad spending as trade war hits
Chinese retailers’ retreat threatens Big Tech advertising revenuesFinancial Times - 3h -
FirstFT: Nvidia blindsided by Trump’s new China chip controls
Also in today’s newsletter, US imposes sanctions on Chinese refinery, and China’s strong first-quarter growthFinancial Times - 6h -
AI Is Changing Work Forever—and Employees Are Leading the Way
Gen AI is supercharging individual productivity, and the best companies encourage it.Inc. - 18h -
Will Trump's tariffs crash TV's spring ad-selling party?
The timing of an economic downturn could lead to companies cutting their ad budgets.Los Angeles Times - 18h -
Japan hosts unlikely winners of the global AI boom
Companies that were struggling to find growth in electric vehicles are back in demandFinancial Times - 14h -
Trump, Xi "don't have any plans" to speak, trade representative says
U.S. trade representative Jamieson Greer said President Trump and Chinese President Xi Jinping "don't have any plans" to speak amid an escalating trade war between the two countries.CBS News - 3d -
A Cybersecurity Professor Disappeared Amid an FBI Search. His Family Is ‘Determined to Fight’
The abrupt firing of Xiaofeng Wang and his wife from Indiana University last month shocked the academic community and is stoking fears that Chinese-born scholars are being targeted.Wired - 2d -
Hong Kong post office will stop shipping parcels to the US over tariffs
Hong Kong’s post office will stop shipping small parcels to the United States after Washington announced plans to charge tariffs on small-value parcels from the southern Chinese cityABC News - 1d -
Australian prime minister says he trusts Trump and Xi during debate
Australia’s Prime Minister Anthony Albanese says he has no reason not to trust U.S. President Donald Trump or Chinese President Xi Jinping while debating his rival ahead of the May 3 electionABC News - 14h -
China tells its airlines not to buy jets from Boeing in tariff retaliation
As China and the U.S. are locked in an intensifying trade war, China is responding to President Donald Trump’s tariffs by reportedly telling Chinese airlines not to order jets from Boeing, the ...NBC News - 16h -
Ju Wenjun outclasses rival Tan Zhongyi to retain women’s world chess title
Ju beats Tan 6½–2½ to claim fifth world chess title 34-year-old Chinese grandmaster wins €300,000 Ju Wenjun has once again proven herself the undisputed queen of the chessboard.. On Wednesday in ...The Guardian - 14h -
What Is DHGate, and Should You Use It?
A Chinese ecommerce app has shot up the App Store rankings in response to Donald Trump’s tariff changes. It’s as safe as the next online marketplace—but as with all of them, buyers should know what ...Wired - 12h -
National Weather Service no longer translating products for non-English speakers
The National Weather Service is no longer providing translations of its products after its contract with an artificial intelligence company was allowed to lapseABC News - Apr. 7 -
Uber’s Annual Lost and Found List Includes a Mannequin Head and Chain Saw
The company’s annual list of items passengers have left behind includes a mannequin head with human hair, a urinal and a chain saw.The New York Times - 5d -
Trump Tariffs Add to Apple’s Long-Standing Innovation Woes
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 5d -
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Global markets are bouncing back, but a new survey of company chiefs finds that they’re on edge and are looking to cut back on investment.The New York Times - 2d -
Tariff Confusion and Recession Fears Leave Advertisers ‘Paralyzed’
Hundreds of billions of marketing dollars are in flux as companies struggle to plan. For some sectors, the timing “couldn’t be worse.”The New York Times - 19h -
Heineken initially downplayed tariffs. Now the brewer is concerned
Heineken shrugged off the threat of tariffs earlier this year, but in the company's latest earnings report, it said it's becoming increasingly cautious.CNBC - 12h -
Stocks Fall on Jerome Powell’s Concern About Tariffs and Tech’s Pullback
Semiconductor stocks fell after the Trump administration blocked companies from selling certain chips to China without a license.The New York Times - 8h -
UK advertisers cut spending for the first time in four years on tariff turmoil
More companies are reducing ad budgets than increasing them, trade body findsFinancial Times - 5h -
OpenAI Unveils New ‘Reasoning’ Models o3 and o4-mini
The company also introduced a new tool that helps computer programmers use chatbots when writing code.The New York Times - 6h -
'A national disgrace': 1.4 million left without power in Puerto Rico blackout
Private power company LUMA Energy said it could take two to three days to restore service to 90% of customers.ABC News - 1h -
Thames Water claims cost of sewage works repairs has risen 10-fold since 2021
Company documents show work at 13 treatment facilities is behind schedule and over budgetFinancial Times - 17m -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 6d -
What to Know About Trump’s Antitrust Efforts Against Tech Giants
The Trump administration will take Meta to court this week, continuing an aggressive effort to rein in the power of the biggest tech companies. Here’s what to know.The New York Times - 3d -
American Airlines Will Offer Free Wi-Fi on Most Flights Next Year
Starting in January, members of the airline’s AAdvantage loyalty program will have free access to wireless internet on 90 percent of its fleet, the company said.The New York Times - 1d