Us Set to Drop Charges That Nypd Officer Spied for China
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Landsec sees value of property portfolio drop but says return-to-office will boost its business
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
Dow Futures Edge Lower After 40000 Milestone
Stock futures edged lower after the Dow crossed 40000 for the first time in the previous session, while the S&P 500 and Nasdaq Composite both ended within striking distance of new records.The Wall Street Journal - World -
Conservative outside group drops $70M on Senate Democrats in battlegrounds
Politico - Politics -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
The Last Of Us Season 2 Leaks Reveal Impressive Sets And One Famous Horse
The Last of Us Season 2 is in production now in Canada, and with cameras rolling in public places, people are capturing footage and posting it online for everyone to see.. Footage posted online shows Bella Ramsey (Ellie) and Isabela Merced (Dina) ...GameSpot - Tech -
How Rich Candidates Burned Cash on Running for Office
It is a time-honored tradition in U.S. politics: wealthy people burning through their fortunes to ultimately lose an election.The New York Times - Top stories -
Ndou 'shares Mandela's dream' in fight for SA office
Yahoo News - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a sales decline in the first quarter.CNBC - Business -
Further riots in France's New Caledonia, second police officer killed
Yahoo News - World -
Top London landlord says return to the office is gathering pace
Landsec says number of people entering its offices has climbed almost a fifthFinancial Times - Business -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
Jeffries faults House GOP for delay in installing plaque for Jan. 6 officers
Politico - Politics -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
Whether Robert Fico survives and resumes office or not, Slovakia stands on the brink | John Kampfner
The shock of an assassination attempt could heal the deep divisions that Fico exploited, but the omens are not promising. A few years after the dissolution of Czechoslovakia in 1993, known as the “velvet divorce”, the newly independent Slovakian ...The Guardian - World -
French president's office says government to consider imposing state of emergency in Pacific territory of New Caledonia
French president's office says government to consider imposing state of emergency in Pacific territory of New CaledoniaABC News - World -
Instagram co-founder joins Anthropic as chief product officer in fight against OpenAI
Mike Krieger most recently co-founded Artifact, an AI-powered news app, alongside Systrom, but they sold it to Yahoo in April.VentureBeat - Tech -
Peruvian lawmakers begin yet another effort to remove President Dina Boluarte from office
Peruvian lawmakers have begun yet another effort to remove President Dina Boluarte from office as authorities continue various investigations against her and her inner circleABC News - World