Latest in Chinese Demand Outlook
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STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - October 22 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
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 - 10 hours ago -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - 18 hours ago -
Maps show NOAA's winter outlook
NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.Top stories - CBS News - October 18 -
Chinese hackers target GOP campaigns
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Chinese influence campaigns amp up worries over election meddling Reports of Chinese actors allegedly ...Politics - The Hill - October 28 -
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Martin Rowson on a parlous outlook for the UN – cartoon
Continue reading...World - The Guardian - October 15 -
Unilever Backs Outlook After Sales Growth
The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...Business - The Wall Street Journal - October 24 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
Palantir shares surge on rosy revenue outlook
Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.Business - CNBC - 3 days ago -
Former Trump adviser on U.S. economic outlook
Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.Top stories - CBS News - 2 days ago -
UniCredit Raises 2024 Outlook After Earnings Rise
UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.Business - The Wall Street Journal - 2 days ago -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
BBC boss warns of Russian and Chinese propaganda
The UK is losing out because of cuts to the World Service, the BBC's director general warns.Top stories - BBC News - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Chinese carmakers deny intent to ‘overthrow’ western rivals
In Paris for motor show, companies including Xpeng and GAC pledge their long-term commitments in effort to allay concernsBusiness - Financial Times - October 14 -
Chinese Automakers Show Force at Paris Auto Show
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.Business - The New York Times - October 15 -
DHS deports Chinese migrants on charter flight
The Department of Homeland Security (DHS) deported a group of Chinese migrants earlier this week on a charter flight to China, according to officials. Tuesday's flight marked the second removal of ...Politics - The Hill - October 17 -
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Top stories - BBC News - October 18 -
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.Business - The New York Times - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
How Taiwan is preparing for a nighttime Chinese attack
PENGHU ISLANDS, Taiwan — First came the flares, launched just offshore to erase the darkness with a bright orange glow. Then came the light machine guns, fired from several positions across the ...Politics - The Hill - October 25 -
Inside Taiwan's preparations for a potential Chinese attack
🪖 Special report from The Hill on the Penghu Islands {beacon} Defense &National Security Defense &National Security The Big Story How Taiwan preps for a nighttime Chinese attack Taiwan’s army ...Politics - The Hill - October 25 -
Trump and Vance’s cell phones targeted by Chinese hackers
Former President Trump and Sen. JD Vance's cell phones were targeted in a Chinese hacking campaign, sources tell NBC News. Another source said people involved with the campaign of Vice President ...Politics - NBC News - October 26 -
Local government has become a chokehold for Chinese business
Beijing is promising change, but it comes at an unsettling priceWorld - Financial Times - October 28 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Businesses brace for Trump tariffs on Chinese goods
Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...Politics - The Hill - October 30 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
AstraZeneca China president under investigation by Chinese authorities
British drugmaker says Leon Wang is ‘co-operating with an ongoing investigation’Business - Financial Times - October 30 -
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