Latest in Weak Chinese Demand
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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 -
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 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
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 - 9 hours ago -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley said it plans to offer a new EV or plug-in hybrid electric vehicle (PHEV) each year until 2035, starting with its first all-electric vehicles in 2026.Business - CNBC - Yesterday -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035.Top stories - NBC News - 21 hours ago -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge
Kamala Harris asked why Donald J. Trump had not released his medical records, appeared on “60 Minutes” or agreed to a second debate.Top stories - The New York Times - October 14 -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - October 30 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.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 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - 3 days ago -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - 3 days ago -
What are Europe’s biggest weak spots for a Trump presidency?
A second Trump presidency will impact climate policy, trade, the war in Ukraine and EU defenceWorld - Financial Times - Yesterday -
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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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
