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ASML Forecasts Sales Recovery in 2023 and Revenue Stability in China: Dutch chip equipment manufacturer ASML expects semiconductor demand to climb in the second ...
techtimes.com/articles/286730/20230125/asml-forecasts-sales-recovery-2023-revenue-stability-china.htm
ASML Forecasts Sales Recovery in 2023 and Revenue Stability in China
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Profile picture of Tech Times
ASML Forecasts Sales Recovery in 2023 and Revenue Stability in China: Dutch chip equipment manufacturer ASML expects semiconductor demand to climb in the second ...
techtimes.com/articles/286730/20230125/asml-forecasts-sales-recovery-2023-revenue-stability-china.htm
ASML Forecasts Sales Recovery in 2023 and Revenue Stability in China
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Major supplier to chip makers expects a recovery sooner rather than later: Chip manufacturing tool supplier ASML believes that demand for semiconductors could ...
theverge.com/2023/1/25/23570645/asml-chip-manufacturing-extreme-ultraviolet-lithography-us-china-sanctions
Major supplier to chip makers expects a recovery sooner rather than later
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Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
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Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
Huawei sales are soaring in China as Apple sinks
Profile picture of Foreign Affairs
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
The Five Futures of Russia: And How America Can Prepare for Whatever Comes ...
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Kering Warns Profit to Tumble Following Gucci Woes in China: Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed ...
bloomberg.com/news/articles/2024-04-23/kering-warns-profit-to-tumble-following-gucci-woes-in-china
Kering Warns Profit to Tumble Following Gucci Woes in China
Quick Glance: Kering Faces Profit Decline Amid Gucci Sales Drop
  • Kering expects a significant decline in profits in the first half of 2024, leading to an 8.5% drop in shares.

  • Gucci's sales, the major brand share of Kering, declined by 18% on a comparable basis, mainly due to weak sales in the Chinese market.

  • The company plans to continue investing in the long-term elevation of its brands, particularly Gucci, although this is challenging amidst aesthetic changes.

  • Kering anticipates improved sales performance in the second half of the year, but does not expect significant improvement at Gucci in the second quarter.
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No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
No Substitute for Victory: America’s Competition With China Must Be Won ...
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Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Chinese professor at Tokyo university missing after trip home
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VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its job cuts with high severance payments. According to WirtschaftsWoche ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay
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Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
cnn.com/2024/04/24/tech/tiktok-ban-bytedance-split-the-world-further-intl-hnk/
Banning TikTok would hit China’s tech ambitions and deepen the global ...
Quick Glance: Potential Buyers for TikTok Revealed
  • The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.

  • Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.

  • Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.

  • Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
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China Car Show Latest: Cutthroat Market, Expansion Plans: Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western ...
bloomberg.com/news/articles/2024-04-25/china-car-show-latest-flashy-models-rolled-out-to-win-customers
China Car Show Latest: Cutthroat Market, Expansion Plans
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Gold price outlook: 29% upside to $3K as China central bank keeps buying: China has purchased about 181 tonnes of gold over the past year, and is now the ...
markets.businessinsider.com/news/commodities/gold-price-outlook-china-central-bank-buying-spree-fed-easing-2024-4
Gold price outlook: 29% upside to $3K as China central bank keeps buying
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The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
The Delusion of Peak China: America Can't Wish Away Its Toughest ...
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Germany's Scholz sounds alarm over far-right China spy allegations: German Chancellor Olaf Scholz said on Wednesday allegations that the aide to a prominent ...
reuters.com/world/europe/german-far-right-politician-vows-not-quit-after-aide-accused-spying-china-2024-04-24/
Germany's Scholz sounds alarm over far-right China spy allegations
Quick Glance: German Far-Right MEP's Aide Arrested for Alleged Chinese Espionage
  • The individual named Jian G. stands accused of sharing information about negotiations at the European Parliament with a Chinese intelligence service and spying on Chinese opposition figures in Germany, according to federal prosecutors.

  • Jian Guo is listed as an accredited assistant to MEP Maximilian Krah, the far-right AfD party's lead candidate for the upcoming EU-wide elections on the European Parliament's website.

  • The suspect was apprehended in Dresden on Monday and authorities conducted searches at his residences.

  • Expressing concern, the AfD addressed the allegations.
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Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Tesla cuts prices in China, Germany and around globe after US cuts
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.