Latest in Drops China
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Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 4 hours ago -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...World - The Guardian - October 16 -
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...Business - MarketWatch - October 21 -
A Japanese boy was killed in China. Was cyber-nationalism to blame?
The Chinese government has been accused of using online nationalism as a useful safety valve.Top stories - BBC News - October 13 -
China is turning Japanese
At least that’s what the bond market is whisperingWorld - Financial Times - October 17 -
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
Heisman watch: A Big Four, and then a very big drop
Boise State RB Ashton Jeanty is the midseason favorite after his incredible start to the season.Sports - Yahoo Sports - October 16 -
Utah HC Drops Tough Battle With Boston
The club gave it all they had, but couldn't solve Jeremy Swayman and a stout Bruins defence.Sports - Yahoo Sports - October 20 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
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Fatal Drug Overdoses Are Dropping. Not Everyone Is Spared.
Federal officials have celebrated a striking drop in drug overdoses across the country. But state-level data shows that Black people are suffering significantly worse outcomes than white people.Health - The New York Times - 3 days ago -
Source: Ravens' Smith fined for hip-drop tackle
Ravens linebacker Roquan Smith will be fined $16,833 and the NFL ruled that he used a hip-drop tackle on Bucs receiver Chris Godwin, a source told ESPN.Sports - ESPN - 4 days ago -
Wrexham drop to 3rd after conceding late penalty
Wrexham saw a last-gasp penalty decision go against them as Charlton Athletic earned a 2-2 draw on Saturday to leave the Hollywood-owned side outside of League One's automatic promotion places.Sports - ESPN - 2 days ago -
Birth rate drops to record low in England and Wales
Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analystsBusiness - Financial Times - 2 days ago -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - Yesterday -
Harris campaign releases its own Fortnite map
The Harris campaign has launched a map on the popular video game "Fortnite." The map, called “Freedom Town, USA,” is attached to taglines like “Fight For Freedom” and was designed around Vice ...Politics - The Hill - Yesterday -
Ballot drop box fires raise voter concerns
Police are still searching for the person suspected of setting Oregon and Washington drop boxes on fire Monday morning, destroying hundreds of ballots. The attacks prompted increased security ...Top stories - CBS News - 15 hours ago -
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliativesBusiness - Financial Times - October 15 -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
China asks: what is an e-bike?
State bureaucracy makes the question more difficult than it may seemWorld - Financial Times - October 22 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - 5 days ago -
Zelenskyy pleads for more aid as Russia drops glide bombs on Ukraine
Russia has been dropping new glide bombs on Ukraine. The bombs use old Soviet-era ammunition retrofitted with wings and GPS systems. Holly Williams reports.Top stories - CBS News - October 13 -
The stats and shoes behind Chepngetich's jaw-dropping marathon world record
How the Kenyan took a step beyond what was thought by knocking almost two minutes off the previous best in Chicago.Top stories - BBC News - October 14 -
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
Leading AI firm OpenAI is valued at $157 Billion, but turning it into a for-profit company could mean a very expensive, complicated set of legal proceedings.Business - Inc. - October 14 -
In Wisconsin, election officials push back against critics of drop boxes
Wisconsin election officials are reassuring the public about the safety of ballot drop boxes, which have been the subject of conspiracy theories in the state since 2020.Top stories - ABC News - October 14 -
Here's what a $150,000 HELOC costs monthly now that rates have dropped
A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.Top stories - CBS News - October 14 -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
ASML shares drop sharply after warning on semiconductor recovery
Gloomy outlook from Europe’s most valuable tech company drags down stocks from Nvidia to ArmBusiness - Financial Times - October 15 -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Nvidia, AMD shares extend drops as investors get spooked — but should they be?
An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.Business - MarketWatch - October 15 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16
