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China Exports Return to Growth, But Risks Remain
China’s exports swung back to growth in April after a short-lived drop in March, continuing to prove a driver for the world’s second-largest economy as it struggles to revive domestic demand.The Wall Street Journal - World - China -
Intel’s stock drops after Biden administration bans some sales to China’s Huawei
Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer in China.MarketWatch - Business - Joe Biden -
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China’s exports return to grow as Beijing prioritises high-tech manufacturing
Xi Jinping’s trade and industrial policy has drawn accusations of dumping from the US and EuropeFinancial Times - World - China -
China's exports and imports return to growth in April as demand improves
China reported Thursday that its exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recoveryABC News - World - China -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - World - China -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - Business - China -
Israel’s Rafah attack cuts aid for Gaza to a trickle
US to assess whether Netanyahu’s government is breaching international law by restricting suppliesFinancial Times - Business - Israel -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business