Month: November 2024

CNN

China client slowdown weighs on U.S. earnings once more

From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.

CNN

As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go ‘too far’

China’s commerce ministry said Monday that it had filed an additional appeal with the WTO over the EU’s tariffs on its EVs, as bilateral talks have yet to lead to a breakthrough.

CNN

China’s stimulus plans are choking the profitability of its megabanks, analysts say

The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing credit demand.

CNN

China October exports file highest leap in 19 months, imports decline greater than anticipated

The world’s second largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.

CNN

Toyota posts almost 20% drop in second-quarter working revenue, lacking estimates

Despite the lower takings, Toyota had raised its interim and full year dividend forecast

CNN

Strong-state batteries could but catch up — however silicon anodes are successful the race to energy EVs

Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles.

CNN

From nuclear to quantum computing, how Large Tech intends to energy AI’s insatiable thirst for vitality

A huge upswing in the number of data centers shows no signs of slowing down, prompting Big Tech to consider how best to power the AI revolution.

CNN

China’s Zeekr experiences EV deliveries in October practically doubled, clocks its finest month-to-month numbers

Several major Chinese electric car companies are yet to release deliveries data for October.

CNN

Manchester United appoint Ruben Amorim as supervisor after sacking Erik ten Hag

English soccer giants Manchester United on Friday confirmed the appointment of Ruben Amorim as their new manager, shortly after sacking Erik ten Hag.

CNN

Federal Reserve charge cuts may show to be a boon for Southeast Asian economies

The central banks of both Indonesia and Thailand are attempting to maneuver themselves in the aftermath of the recent Fed cut.