China's big three airlines slide deeper into red on lockdowns:
asia.nikkei.com/Business/Transportation/China-s-big-three-airlines-slide-deeper-into-red-on-lockdowns
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| Last Updated | Aug 31 22 |
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Exclusive: US airlines, unions urge Biden administration not to approve more China flights
reuters.com/business/aerospace-defense/us-airlines-unions-urge-biden-not-approve-more-china-flights-2024-04-11/
London, UK to Singapore for only £448 roundtrip: Cheap flights from London, UK to Singapore for only £448 roundtrip.
secretflying.com/posts/london-uk-singapore-303-roundtrip/
Big three Chinese airlines extend losing streak as rivals rise after COVID: HONG KONG -- China's big three state-owned airlines are lagging behind as ...
asia.nikkei.com/Business/Transportation/Big-three-Chinese-airlines-extend-losing-streak-as-rivals-rise-after-COVID
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The Dow flies higher on United and other airlines stocks: The stock market opened higher on Wednesday as Treasury yields retreated
qz.com/dow-jones-airline-stocks-united-airlines-american-airli-1851415919
Liz Cambage explodes in violent brain snap: Liz Cambage has found herself involved in yet another unsavoury incident on the basketball court that saw her ejected ...
news.com.au/sport/basketball/clown-behaviour-liz-cambage-at-it-again-ejected-for-violent-brain-explosion/news-story/577068bcb33f669e34611f4f039d02d4
Two "big players" from China will soon be landing at Schwechat Airport: Hainan Airlines will return to Austria's capital city airport on May 29 ...
noen.at/schwechat/rueckkehr-premiere-zwei-big-player-aus-china-landen-bald-am-flughafen-schwechat-417378284
Vienna Airport with an increase in passengers: The Vienna Airport Group achieved a plus of 14 percent, and passenger numbers also increased at Vienna Airport.
diepresse.com/18356570/flughafen-wien-mit-passagierzuwachs
Maximilian Krah: Public Prosecutor General initiates preliminary investigation: The Dresden Public Prosecutor's Office has initiated preliminary investigations ...
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.html
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Everything You Need to Know About the TikTok Ban: Your Questions Answered: President Biden signed a foreign aid bill that includes a ban on TikTok in the US ...
pcmag.com/news/everything-you-need-to-know-about-the-tiktok-ban-your-questions-answered
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
Hacker Attacks: What China Can Use Stolen Data For: China collects personal information on Americans and other foreigners. This data on millions of people helps ...
nzz.ch/technologie/china-hacker-datenleak-wozu-china-die-vielen-gestohlenen-daten-verwenden-koennte-ld.1825055
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
reuters.com/business/autos-transportation/how-volvo-landed-cheap-chinese-ev-us-shores-trade-war-2024-04-24/
Strong electric car sales expected for 2024, but charging grid needs work: International Energy Agency points out obvious: Infrastructure needs to meet demand
theregister.com/2024/04/24/iea_reports_strong_electric_car_demand/
Huber in the ntv early start: "The AfD is a danger for Germany": The top candidate is no longer sustainable and the AfD is a danger for Germany: clear words from ...
n-tv.de/politik/Die-AfD-ist-eine-Gefahr-fuer-Deutschland-article24896930.html
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
China's Fake-Fashion Retailers Thrive on TikTok, Reddit, Discord: Eager buyers of Pandabuy’s questionable luxury goods declare they’re done ...
bloomberg.com/news/articles/2024-04-23/china-s-fake-fashion-retailers-thrive-on-tiktok-reddit-discord
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Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Apple smartphone shipments in China plummet 19% in 2024 : Apple’s challenges in china continue in the first quarter of 2024. The company's smartphone ...
wionews.com/videos/apple-smartphone-shipments-in-china-plummet-19-in-2024-714439
FBI chief warns on TikTok as Senate set to back ban: SAN FRANCISCO: As the US Senate prepares to approve a TikTok ban, the FBI chief on Tuesday (Apr 23) ...
channelnewsasia.com/world/tiktok-ban-fbi-chief-senate-warns-china-app-4287596
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
Tuscany's luxury suppliers feel chill from China and changing trends: Waning Chinese demand for luxury goods has compounded the problems of Tuscany's traditional ...
reuters.com/business/retail-consumer/tuscanys-luxury-suppliers-feel-chill-china-changing-trends-2024-04-24/
Quick Glance: Impact of Decreasing Chinese Demand on Tuscany's Luxury Suppliers
- The declining demand for luxury goods from China has exacerbated the challenges faced by Tuscany's traditional leather companies as major fashion houses adjust their strategies.
- Last month, the world's largest luxury group, LVMH, reported a decrease in revenue in Asia.
- Certain specialized suppliers have opted to focus on creating exclusive products for niche markets instead of collaborating with prominent fashion brands.
- Amidst industry shifts, concerns arise in Tuscany regarding the potential permanent loss of unique skills integral to the allure of "Made in Italy."
Shenzhou-18 caps over two decades of Chinese human spaceflight: China will send three astronauts into low-Earth orbit on Thursday in the country's 13th crewed ...
reuters.com/technology/space/shenzhou-18-caps-over-two-decades-chinese-human-spaceflight-2024-04-24/
China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands
bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands
Paid articlePaid Nidec faces market pressure as founder rips 'unfair' China EV war: TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over ...
asia.nikkei.com/Business/Markets/Nidec-faces-market-pressure-as-founder-rips-unfair-China-EV-war
Paid articlePaid US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
Deterring China one big reason US aiding Ukraine: The Senate overwhelmingly approved a US$95.3 billion foreign aid funding package for Ukraine ...
asiatimes.com/2024/04/deterring-china-one-big-reason-us-aiding-ukraine/
EU launches investigation into Chinese medical device market: BRUSSELS (Reuters) -- The European Commission launched an investigation on Wednesday into Chinese ...
asia.nikkei.com/Politics/International-relations/EU-launches-investigation-into-Chinese-medical-device-market
Telegram founder says China downloads have not fallen since Apple move: Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to ...
reuters.com/technology/telegram-founder-says-china-downloads-have-not-fallen-since-apple-move-2024-04-23/
JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
The 'Future Made in Australia' plan for solar panels relies on a crucial ingredient: Help from China
abc.net.au/news/science/2024-04-24/australia-need-chinas-help-for-solar-sunshot-manufacturing-plan/100954734
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
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Germany spying: Far-right party aide held in China spy probe: Prosecutors identify the suspect as Jian G and accuse him of passing information to Chinese ...
bbc.com/news/world-europe-68880086
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
RIP, SSF: Unpacking the PLA’s Latest Restructuring: The Strategic Support Force is no more, and its functions are being separated into three separate arms: the ...
thediplomat.com/2024/04/rip-ssf-unpacking-the-plas-latest-restructuring/
Polestar may use US plant to sell cars to Europe as EU-China tension rises: Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing ...
reuters.com/business/autos-transportation/polestar-may-use-us-plant-sell-cars-europe-eu-china-tension-rises-2024-04-24/
China’s Cheap EV Exports to Redraw Global Automaking, IEA Says: China is set to change the map of global automaking by stepping up electric-car exports that will ...
bloomberg.com/news/articles/2024-04-23/china-s-cheap-ev-exports-to-redraw-global-automaking-iea-says
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Blinken visits Beijing: Now the US wants to sanction Chinese banks: The threat from Washington is already affecting payment transactions between Russia and China ...
berliner-zeitung.de/wirtschaft-verantwortung/blinken-besucht-peking-jetzt-wollen-die-usa-chinesische-banken-sanktionieren-li.2208744
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
Solomon Islands election yields no majority for pro-China party: SYDNEY -- Neither advocates nor opponents of a security pact with Beijing won a majority in the ...
asia.nikkei.com/Location/Oceania/Pacific-Islands/Solomon-Islands-election-yields-no-majority-for-pro-China-party
Germany sees spike in Chinese and Russian espionage: Six suspected spies have been arrested in quick succession. Security services see links to the war against ...
dw.com/en/germany-sees-spike-in-chinese-and-russian-espionage/a-68901355
Giga-Byte denies sending servers with restricted Nvidia chips to China - Focus Taiwan
focustaiwan.tw/business/202404240007
Chinese swimmers head to Paris Olympics under a cloud amid row over handling of drugs tests
cnn.com/2024/04/23/sport/china-swimming-doping-paris-olympics-spt-intl/
Victims of China floods race to salvage property: QINGYUAN: Victims of severe floods in southern China raced on Wednesday (Apr 24) to salvage property from the ...
channelnewsasia.com/asia/victims-southern-china-rain-floods-guangdong-race-salvage-property-4288016
Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
Germany arrests staffer at E.U. Parliament over China spying suspicion: The arrest comes amid mounting concern in Europe over Chinese espionage activity.
washingtonpost.com/world/2024/04/23/european-parliament-arrest-china-spying-afd/
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.
China Rolls-Royce seller lets man of modest means live the dream in car showroom, tells him ‘try hard to succeed’
scmp.com/news/people-culture/trending-china/article/3258629/china-rolls-royce-seller-lets-man-modest-means-live-dream-car-showroom-tells-him-try-hard-succeed
Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
China tourist dies in plunge from cliff while posing for photo next to famous tree at Indonesia volcano
scmp.com/news/people-culture/trending-china/article/3259972/china-tourist-dies-plunge-cliff-while-posing-photo-next-famous-tree-indonesia-volcano
US Converts Oil Rigs Into 'Floating Fortresses' Amid China Threat in the Pacific
wionews.com/videos/us-converts-oil-rigs-into-floating-fortresses-amid-china-threat-in-the-pacific-714008
Chinese Olympic doping case swept ‘under the carpet' by WADA, U.S. anti-doping chief says
pbs.org/newshour/show/chinese-olympic-doping-case-swept-under-the-carpet-by-wada-u-s-anti-doping-chief-says
Minimum wage: Scholz is annoyed with the collective bargaining parties: The person arrested is said to be an employee of the AfD's leading candidate for the ...
morgenpost.de/politik/article239841975/politik-aktuell-news-deutschland-afd-krah-china-spionage.html
Regular flights between Saudi Arabia and China to launch from April 27: Three flights per week from Shanghai to Riyadh directed during the summer season of 2024
gulfnews.com/business/aviation/regular-flights-between-saudi-arabia-and-china-to-launch-from-april-27-1.1713873601738
China: Record Rainfall Kills 3, Displaces 60,000 in Guangdong: In China, at least three people have died, while authorities evacuated another 60 ...
democracynow.org/2024/4/22/headlines/china_record_rainfall_kills_3_displaces_60_000_in_guangdong
Formula 1: Aston Martin criticizes "very harsh" China penalty against Stroll: According to many critics, Lance Stroll was in his element at the Formula 1 race in ...
sport.de/news/ne6592436/formel-1-aston-martin-kritisiert-sehr-harsche-china-strafe-gegen-stroll/
Data protection: class action against Grindr in London: For years, the dating app Grindr handed over personal data to advertising companies ...
heise.de/news/Datenschutz-Sammelklage-gegen-Grindr-in-London-9694323.html
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
China swimmers: WADA reject cover-up charge, Beijing labels reports 'fake news'
channelnewsasia.com/sport/china-swimmers-wada-rejects-cover-fake-news-4284471
Former Pak PM Nawaz Sharif on a 5-day China visit : Pakistan's former prime minister and incumbent prime minister's brother Nawaz Sharif is on a 5-day ...
wionews.com/videos/former-pak-pm-nawaz-sharif-on-a-5-day-china-visit-714088
Is Chinese wine a threat to Austrian wine?: The best wine in the world is soon to be produced in China. Lenz Maria Moser knows how. The winemaker has been ...
derstandard.at/story/3000000216419/ist-chinesischer-wein-eine-gefahr-fuer-den-oesterreichischen
EU parliament staffer arrested in Germany for allegedly spying for China : Prosecutors accused the man of passing information about discussions in the European ...
theglobeandmail.com/world/article-eu-parliament-staffer-arrested-in-germany-for-allegedly-spying-for/
China KOL owns 7 homes worth US$110 million, only goes out wearing clothes, jewels worth over US$1.4 million
scmp.com/news/people-culture/china-personalities/article/3258609/china-kol-inferiority-complex-owns-7-homes-worth-us110-million-wears-only-branded-clothes-and
Espionage in Germany: China rejects accusations: Following the arrest of three suspected spies, China has denied the accusations. The embassy calls on Germany to ...
t-online.de/nachrichten/deutschland/aussenpolitik/id_100391708/spionage-in-deutschland-china-weist-vorwuerfe-zurueck.html
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
Paid articlePaid Philippines arms up a two-front pushback on China: MANILA - This week, the Philippines and United States kicked off their largest-ever and most consequential ...
asiatimes.com/2024/04/philippines-arms-up-a-two-front-pushback-on-china/
Hong Kong Observatory issues fourth amber rainstorm warning in a week amid heavy downpour
scmp.com/news/hong-kong/article/3259973/hong-kong-observatory-issues-third-amber-rainstorm-warning-week-amid-heavy-downpour
Taiwan thanks US for aid package, says will ‘safeguard peace’: TAIPEI: Taiwan will work with the United States to “safeguard peace and freedom” in the region ...
arabnews.com/node/2497041/world
Leadership Shift in the House China Select Committee Could Cripple Congress’ Anti-China Momentum
thediplomat.com/2024/04/leadership-shift-in-the-house-china-select-committee-could-cripple-congress-anti-china-momentum/
WSJ: US drafting sanctions aimed at Chinese banks aiding Russia’s war effort: Washington hopes they will allow Secretary of State Antony Blinken to arrive armed ...
kyivindependent.com/wsj-us-drafting-sanctions-aimed-at-chinese-banks-aiding-russias-war-effort/
How the internet has transformed China in the past 30 years, and vice versa: April 20 is remembered in China for marking a milestone in the nation’s development: ...
scmp.com/tech/policy/article/3259923/how-internet-has-transformed-china-past-30-years-and-vice-versa
IEA gives upbeat EV outlook with China seen driving the market: PARIS -- Almost one in three cars on the road in China and more than one in five in the U.S ...
asia.nikkei.com/Business/Automobiles/IEA-gives-upbeat-EV-outlook-with-China-seen-driving-the-market
Commentary: China is the one keeping wind power revolution blowing: The West must spend more money on clean technology to rewire the world’s energy systems ...
channelnewsasia.com/commentary/china-clean-energy-tech-wind-solar-ev-overcapacity-4282946
BOJ to discuss impact of yen's rapid slide at this week's policy meeting: TOKYO -- Policymakers at the Bank of Japan are expected to focus on the effects of a ...
asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-impact-of-yen-s-rapid-slide-at-this-week-s-policy-meeting
Paid articlePaid Britain's Lloyds Bank reports 28% slide in Q1 profit on income squeeze: Lloyds Banking Group's pretax profit slid by 28% in the first quarter, as rising costs ...
reuters.com/business/finance/britains-lloyds-bank-says-q1-profit-falls-28-2024-04-24/
Yen's slide toward 160 level could trigger action, says senior ruling party official
reuters.com/markets/asia/yens-slide-toward-160-level-could-trigger-action-says-senior-ruling-party-2024-04-24/
JPY USD: Weak Yen Helped Boost Japan Stocks But Investors Now See Risks: The yen has become stuck around a 34-year low against the dollar after months of ...
bloomberg.com/news/articles/2024-04-23/investors-loved-weak-yen-boosting-shares-until-it-went-too-far
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Analysts see hopeful signs as iPhone sales slide in China: iPhone sales in China slumped in the first quarter of 2024, but analysts see ways Apple could turn ...
cultofmac.com/854005/iphone-sales-in-china/
Analysts pessimistic for Tesla’s quarterly earnings results today: Amid decreasing electric vehicle sales and a 40% slide in its stock value this year, Tesla Inc ...
expressnews.com/business/article/analysts-not-optimistic-tesla-s-quarterly-19417763.php
Paid articlePaid SAP cloud swells its topline, but profits slide: Cloud migration good for margins, CEO says
theregister.com/2024/04/23/sap_reports_steady_revenue_growth/
JPMorgan’s Kolanovic Says ‘Correction’ in US Stocks Isn’t Over: The slide in US equities over the past three weeks was the start of a selloff that is likely to ...
bloomberg.com/news/articles/2024-04-22/jpmorgan-s-kolanovic-says-correction-in-us-stocks-isn-t-over
Quick Glance: JPMorgan’s Kolanovic on US Stock Correction
- JPMorgan Chase & Co.'s Marko Kolanovic warns of a deeper correction in US stocks due to rising macroeconomic risks.
- Despite temporary market stabilization from corporate results, it doesn't mean stocks are in the clear.
- Kolanovic highlights risks from high market concentration, inflation, lack of Fed rate cuts, and overly optimistic profit outlooks.
- Recommends defensive positions in his portfolio with long volatility and commodity exposure, excluding gold.
War in Ukraine: US to send new aid right away, Biden says: The president says weapons and equipment will be sent to Kyiv "in the next few hours" ...
bbc.com/news/world-us-canada-68885868
German spy agency warns companies against being too "naive" on China: Germany's domestic spy agency told companies on Wednesday they should be on guard against ...
reuters.com/world/europe/german-spy-agency-warns-companies-against-being-too-naive-china-2024-04-24/
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reuters.com/podcasts/podcast-tiktok-countdown-trumps-foreign-courters-boeing-plastic-divide-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
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