Latest in Plunge China Sales
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Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - 15 hours ago -
AstraZeneca Probe in China Adds to Concerns for Foreign Businesses
An investigation involving the drugmaker’s China president is the latest crackdown to trigger uncertainty in the industry about Beijing’s intentions.Business - The Wall Street Journal - 8 hours ago -
Has China already won the EV race?
If carmakers believe the auto transition must happen at some point, delaying simply puts them further behindBusiness - Financial Times - 15 hours ago -
'Make China Great Again': How China's social media views the U.S. election
NBC News' Janis Mackey Frayer reports from Beijing on an apparent difference of opinion between the Chinese government and the country's social media over the best outcome from the U.S. ...Politics - NBC News - October 23 -
China building ‘counter-stealth’ radar on disputed South China Sea reef, satellite pictures suggest
Upgraded Triton Island outpost in the Paracel archipelago expands China’s surveillance capabilities in the region. The Chinese military is constructing a new counter-stealth radar system on a ...World - The Guardian - 6 days ago -
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We're buying more of a stock that has gone on sale since reporting earnings
The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.Business - CNBC - October 14 -
True Value declares bankruptcy, lines up sale to rival hardware chain
True Value, a national hardware brand founded in 1948, said it has a deal to be acquired by rival Do it Best.Top stories - CBS News - October 14 -
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.Business - MarketWatch - October 15 -
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...Business - The Wall Street Journal - 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 -
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...Politics - The Hill - October 15 -
Trump's coin sale misses early targets as crypto project's website crashes
Former President Donald Trump's launch of the token sale for his crypto project on Tuesday was plagued by problems.Business - CNBC - October 16 -
EU sticks to 2035 deadline for ban on sale of new petrol-driven cars
Remarks prepared for incoming climate commissioner defend controversial measureWorld - Financial Times - October 16 -
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioBusiness - Financial Times - October 16
