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Vivian Jenna Wilson, Elon Musk’s Transgender Daughter, Says He Was ‘Cruel’ and ‘Uncaring’
Vivian Jenna Wilson’s remarks, in an exclusive interview with NBC News, were a response to Mr. Musk’s comments about her transgender identity.
Read moreChinese brands enter Olympics marketing ring, vying for gold on global stage
Chinese companies, most of which lag behind their global peers in brand awareness, are seizing a chance for larger recognition at this year’s Olympic Games.
Read moreSales of $100 million homes set to double this year as trophy properties recover
The comeback marks a stark contrast with the national housing market, which is still feeling the pressure of high mortgage rates and lack of supply.
Read moreSummer holiday getaway: How to beat the queues
Tips to make travelling as smooth as possible, whether you’re going by road, plane, train or ferry.
Read moreNASA Moves Toward Boeing Starliner Return to Restore Space Station Traffic
With the Falcon 9 rocket set to fly again, and testing of the Starliner capsule progressing, the agency is seeking to turn the page on a brief, troubled chapter in orbit.
Read moreWarner Bros. Discovery Sues N.B.A. Over TV Rights Deal
The company is trying to make the league accept its match of Amazon’s bid to broadcast games starting with the 2025-26 season.
Read moreWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners.
Read moreJohn Lewis allowed to build homes for first time
The department store is pushing to build rental flats as it looks for new ways to bring in money.
Read moreWith Long Hours and a No-Fail Mission, the Secret Service Tries to Make Do
The agency charged with protecting presidents and foreign leaders has its largest ever budget, but employees say it is still unable to recruit and retain enough people to carry the load.
Read moreFAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure.
Read moreWNBA hopes to cash in on rising popularity with media rights reevaluation after 2028 season
The WNBA and its media partners have agreed to reevaluate the cost of rights after the 2028 season given the league's rising popularity.
Read moreAndrew Left, Prominent Short Seller, Accused of Fraud in Multiyear Scheme
Federal authorities filed charges against Andrew Left, founder of Citron Research, who they said made at least $16 million from a multiyear scheme to manipulate market prices.
Read moreAs Trump Looms, Blinken Aims to Reassure Allies on U.S. Commitment to Asia
Asian officials will press Secretary of State Antony J. Blinken about the former president and about Kamala Harris as he visits the region.
Read more'Deadpool & Wolverine' snares $38.5 million in Thursday previews, on pace for record opening
Disney and Marvel's "Deadpool & Wolverine" snared $38.5 million in Thursday previews.
Read more45%
Tesla’s drop in profit in the second quarter.
Read moreBristol Myers Squibb beats earnings estimates, raises outlook as drugmaker slashes costs
The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs.
Read moreChina Is Closing the A.I. Gap With the United States
In recent weeks, Chinese tech companies have unveiled technologies that rival American systems — and they are already in the hands of consumers and software developers.
Read moreWith Kamala Harris, U.S. Free Trade Skepticism May Continue
The vice president has been critical of past trade deals. But her record suggests she could push for trade measures that address environmental issues.
Read moreChipotle Will Retrain Stores Reportedly Skimping on Portions
“There was never a directive to provide less to our customers,” the chief executive said. Still, he said the company would review practices across all its stores.
Read moreParis Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
NBCUniversal is betting the Paris Olympics will drive viewership across its TV platforms and drive more subscribers to its streaming service, Peacock.
Read moreFed’s Preferred Inflation Measure Cooled Overall in June
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
Read moreChase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans
Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.
Read moreWarner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite
In the last five years, every large media merger has led to tens of billions in lost value for shareholders.
Read moreLVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France
The LVMH sponsorship is on display throughout the 2024 Paris Olympic Games, which officially kicks off on Friday.
Read moreHow China’s move to cap salaries is redefining finance’s role in society
The measure shows the central government sees finance as a support mechanism for the real economy, not a stand-alone profit centre.
Read moreChild Care Costs Challenge Women’s Gains in Work Force
Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.
Read moreIntern’s leaked video clip exposes chaotic management at leading Chinese brokerage
‘The content of the clip leaked sensitive information about our customers and violated the company’s compliance rules,’ China Securities said.
Read moreThe Stakes Behind the Fight Over Lina Khan’s Future at the F.T.C.
A debate over whether the F.T.C. chair should stay reflects broader anxiety over how Kamala Harris would regulate business.
Read moreDrivers 'ripped off' by fuel prices, warns watchdog
The Competition and Markets Authority says poor competition cost British motorists £1.6bn last year.
Read moreSouthwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest is under pressure to drum up revenue from an oversupplied U.S. market and an activist investor.
Read moreShanghai’s retail sales sink, revealing weak link in China’s consumption
As China attempts to boost domestic consumption, financial hub Shanghai has reported a notable decline in retail sales for June, showing some weaknesses have persisted.
Read moreChina’s crippling debt levels seen worsening as government measures focus on ‘buying time’
After years of rapid debt growth from local government financing vehicles, some of China’s struggling regions are finding it difficult to reverse course.
Read moreReeves set to reveal public finance shortfall of billions
The chancellor will unveil a public spending hole on Monday, which speculation suggests could hit £20bn.
Read moreAirbus boss admits long delays in making aircraft
The plane maker has sold dozens of new jets at the Farnborough airshow, but is struggling to keep up with demand.
Read moreFrom Online Drug Lord to Crypto Entrepreneur, Blake Benthall Is Back in Business
After Blake Benthall was arrested for running Silk Road 2.0, the infamous illegal drug bazaar, things didn’t go the way you might expect.
Read moreLet the Pros Play With the ‘Trump (or Harris) Trade’
Market sectors sometimes move when the political winds shift, but trading is hazardous for your financial health, our columnist says.
Read moreChina’s economic powerhouse seeks AI, humanoid robotics, low-altitude economy upgrade
Shanghai will look to attract AI companies, build a humanoid robot manufacturing innovation centre and test low-altitude industrial logistics by 2027.
Read moreLewis H. Lapham, Harper’s Editor and Piercing Columnist, Dies at 89
Born into a patrician family, he used Harper’s and later his own Lapham’s Quarterly to denounce what he saw as the hypocrisies and injustices of a spoiled United States.
Read moreActors go on strike over video games AI threat
The union has been in talks with big games studios, like Activision and Walt Disney, for 18 months.
Read moreChina’s Guangdong, once a major economic driver, lags national growth average
Traditionally a major regional economic growth engine for China, Guangdong province is now lagging behind the national average – and will likely need to make adjustments to retain its status.
Read moreThe Murdoch Family Is Battling Over the Future of the Fox Empire
Rupert Murdoch, the patriarch, has moved to change the family’s irrevocable trust to preserve his media businesses as a conservative force. Several of his children are fighting back.
Read moreChina Rules Solar Energy, but Its Industry at Home Is in Trouble
The solar sector shows how China conducts industrial policy: It chooses industries to dominate, floods them with loans and lets companies fight it out.
Read moreActors’ Union to Go on Strike Against Video Game Companies
The SAG-AFTRA union wants higher pay for the use of voices and images and protection from losing jobs to artificial intelligence.
Read moreGM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American sports car to boost revenue and sales.
Read moreWhat's behind the global self-storage boom?
Rising rents, e-commerce and available property are contributing to a boom in self-storage.
Read more2024 Election Intensifies Online Conspiracy Theories and Misinformation
Users on X, Truth Social, Rumble and Gab have benefited from a series of major events to spread baseless falsehoods as their followers and engagement skyrocket.
Read moreAt Paris Olympics, Chinese manufacturers won big before the Games even started
The 2024 Summer Games may be French, but much of the equipment and related accoutrements were made in China, owing to a lack of ‘comparable competitors’ in global manufacturing.
Read moreWNBA’s Popularity Booms but Money for Players Hasn’t Kept Pace
Fans and brands have embraced the league, but rules have kept its growing financial success from fully trickling down to the players.
Read moreHow US Chips Continue to End Up in Russian Missiles
Defying sanctions, Russia has obtained nearly $4 billion in restricted chips since the war began in Ukraine. Many were shipped through a cluster of shell companies in Hong Kong.
Read moreBoeing's crewed Starliner flight won't return until at least August, NASA says
Starliner capsule "Calypso" has now been in space 50 days and counting on a mission that has extended well beyond what NASA projected.
Read moreU.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate
Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates.
Read moreChatGPT reveals search feature in Google challenge
OpenAI is working on adding new search powers to its artificial intelligence (AI) bot.
Read moreSainsbury's sorry for 'racist slur' trouser detail
Customers pointed out that the listing used a phrase deployed by racists to avoid language filters.
Read moreFord shares post worst day since 2008, leading autos rout after company's disappointing earnings
Ford closed Thursday at $11.16, down by 18.4% — marking the stock's worst daily decline since 2008 and the second-worst performer of S&P 500 companies.
Read moreSouthwest profit falls 46% as airline takes 'urgent' steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.
Read moreViking Therapeutics stock jumps nearly 30% after drugmaker moves weight loss injection to late-stage trial
It brings the drugmaker one step closer to joining the market for GLP-1s, which analysts say could grow into a $150 billion market by the end of the decade.
Read moreMicrosoft’s World of Warcraft Workers Vote to Unionize
The move adds more than 500 to the unionized video game staff at Microsoft, which has pledged to remain neutral on organizing efforts.
Read more'Deadpool & Wolverine' set for highest opening of an R-rated film
Disney and Marvel's "Deadpool & Wolverine" is expected to shatter box office records and become the highest opening film with an R-rating.
Read moreSouthwest Airlines Will End Its Longstanding Open-Seating Policy
The airline said it was scrapping its trademark, 50-year tradition of offering open seating, where passengers choose seats once they have boarded the plane.
Read moreEx-minister brands Post Office cases 'corrupt'
Management culture was "insensitive and dismissive to the point of abject rudeness", Greg Clark says.
Read moreHasbro beats second-quarter estimates, goes 'all in' on digital gaming segment
Though Hasbro's revenue declined 18% overall during the quarter, Wizards of the Coast and the digital gaming segment grew 20%.
Read moreWhat Rupert Murdoch Owns, and How He Built His Media Empire
Over seven decades, the Australian-born magnate assembled an array of news outlets, book publishers, and film and television properties into a global behemoth.
Read moreAmerican issues weak profit forecast after backfired sales plan, industry oversupply
The carrier's profit fell 46% during the second quarter even though revenues rose.
Read moreKeurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations.
Read moreN.B.A. Announces Lucrative Rights Deals With Disney, Comcast and Amazon
The league rejected a bid by Warner Bros. Discovery to match Amazon’s offer.
Read moreUS economy picks up amid heated presidential campaign
Despite steady growth, the economy is a top concern for voters in the US presidential election.
Read more2025 Could Be a Great Time to Be President, Economically Speaking
Trends already underway make for a sunny outlook over the next few years. The question is who will get to take credit.
Read moreBefore Paris, London Showed How the Olympics Could Be Sustainable
Paris aims to be the most sustainable Olympic Games in history, but it was London over a decade ago that proved host cities didn’t have to end up with empty stadiums in disrepair long after the Games were over.
Read moreNew Foxconn deal shows how Chinese provinces are stepping up to entice overseas firms
Foxconn will splash out on EV projects and set up robotics industrial bases in mainland China amid geopolitical risks and supply-chain disruptions.
Read moreChina doubles cash subsidies to propel EV sales as economic growth falls short
Consumers who replace their conventional cars with an EV stand to receive a subsidy of 20,000 yuan (US$2,770), up from 10,000 yuan announced in April.
Read moreRupert Murdoch’s Game of Thrones
The battle between the media mogul and three of his children over control of his empire has big ramifications for politics, media and more.
Read moreNo new coins ordered by the Treasury this year
The Treasury has denied that coppers will be scrapped completely but none will be minted in 2024.
Read moreUK secures seabed land deal to boost windfarms
GB Energy to partner with the Crown Estate to push forward offshore windfarm projects
Read moreFord shares tumble 13% after massive earnings miss
The automaker increased its target for free cash flow but maintained its 2024 earnings guidance, disappointing some investors who had hoped for a hike.
Read moreCrowdStrike backlash over $10 apology voucher
Cybersecurity firm is branded a "clown show" for gesture after an update caused widespread disruption.
Read moreChina Unexpectedly Cuts Interest Rate as World Markets Sag
The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.
Read moreStock Market Rotation Leads to Small Cap Rally
Shifting views on the economy have led to a “rotation” in the stock market. Small stocks and companies geared toward the economic cycle are rising. Big Tech is lagging.
Read moreChina’s uneven recovery risks more US protectionism, with or without Trump
China’s trade surplus and deflationary policies propping up its push for hi-tech manufacturing mean a sharp US response is likely, whoever wins the November election.
Read moreBoeing not yet facing clear skies in China even as deliveries resume, executive visits
Boeing Global president Brendan Nelson concluded a visit to Beijing on Tuesday, while deliveries of the troubled 737 Max jet to China also resumed this week.
Read moreChina aims to step up Russian energy cooperation despite US sanctions calls
Vice-Premier Ding Xuexiang made the comments at the Sixth China-Russia Energy Business Forum in Moscow on Tuesday.
Read moreUkraine Presses China to Help Seek End to War With Russia
A visit by the foreign minister of Ukraine to Guangzhou this week signals Kyiv’s desire to involve Beijing in peace talks that China has thus far largely snubbed.
Read morePanda bond sales hit record as cheap credit lures global issuers
Sales of panda bonds jumped to a record US$17 billion this year, beating the previous record for a comparable period of US$11.8 billion of sales established in 2023.
Read moreTrump’s Lawsuit Against ABC and Stephanopoulos Can Move Forward
The litigation stems from a March 10 interview in which George Stephanopoulos, the network’s star anchor, referred to a civil case brought against Mr. Trump by E. Jean Carroll.
Read moreRate cuts, state funds for China’s trade-in scheme as Beijing moves ‘on a path to easing’
China cuts one-year medium-term lending facility and allocates 300 billion yuan (US$41.3 billion) in ultra-long-term treasury bonds on Thursday.
Read moreOn Economic Policy, Harris Has Played Limited Role
President Biden has not given his vice president an expansive economic portfolio. But she has engaged on issues of small-business lending, help for parents and more.
Read moreChina’s economic powerhouses, tasked with lion’s share of GDP growth, vow deeper reforms
Measures being rolled out by local authorities across China could offer a glimpse at national policies expected at the midyear Politburo meeting.
Read moreNBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal
NBA informs Warner Bros. Discovery it intends to ignore its matching rights and move forward with Amazon as a partner
Read moreWould-be reality TV contestants 'not looking real'
A growing use of AI is said to be both harming and helping makers of reality TV.
Read moreKamala Harris Works to Build Bridges to the Business World
The vice president has sought to raise her profile among executives, to whom she has been something of an enigma.
Read moreCan China’s Politburo ‘break the deadlock’ on economic growth as half-year comes in focus?
Compared with China’s just concluded third plenum, a Politburo meeting in the coming days is expected to more directly impact market expectations.
Read moreChipotle earnings and revenue top estimates, restaurant traffic rises again
Shares of Chipotle have risen 24% this year, bringing its market value up to $72.82 billion.
Read moreHalting the Bird Flu Outbreak in Cows May Require Thinking Beyond Milk
A new study paints a complex picture of the outbreak, suggesting that the virus could be spreading in multiple ways and that it is not always mild in cows.
Read moreS&P 500 Suffers Biggest Drop Since 2022 as Tech Stocks Crater
The index fell 2.3 percent after disappointing earnings reports from Alphabet and Tesla. The Nasdaq composite fell 3.6 percent.
Read morePfizer's gene therapy for rare genetic bleeding disorder succeeds in late-stage trial
The hemophilia A treatment could become the company's second gene therapy to enter the U.S. market after Beqvez, which was cleared in April for hemophilia B.
Read moreKathy Willens, Photojournalist Seemingly Everywhere, Is Dead at 74
Guided by a keen sense of timing, she covered wars, sports, riots, politics and more for The A.P. in the ’70s, when few women worked as news photographers.
Read moreAMC warns of second-quarter earnings 'weakness,' with revenue and profit down
AMC's preliminary results revealed revenue down more than 23% during the period and a net loss, compared to a profit during the same period a year earlier.
Read moreExplosion at Jose Cuervo Tequila Factory in Mexico Kills 5
The explosion on Tuesday in the city of Tequila, near Guadalajara, killed six workers and left two others wounded, the authorities said.
Read moreDancers Drop Threat to Strike During Paris Olympics Opening Ceremony
Organizers avoided disruption by agreeing to give performers on temporary contracts a greater cut of broadcast royalties.
Read more'Inside Out 2' is now the highest-grossing animated movie of all time, surpassing 'Frozen II'
Disney and Pixar's 'Inside Out 2' is now the highest-grossing animated movie of all time, surpassing Walt Disney Animation's "Frozen II."
Read moreCan Kamala Harris Sell Bidenomics?
Much of President Biden’s agenda polls well, but voters roundly dislike his handling of the economy. That’s a campaign challenge for his vice president, as she mounts a presidential bid.
Read moreChinese firms urged to brace for tech-for-market swap with inevitable overseas expansion
Chinese firms ambitious about going abroad urged to embrace ‘technology for market’ strategy that allowed China to obtain technologies since the 1980s.
Read moreWhy Tesla Is Still Struggling
Sluggish car sales and a tough price war with rivals are weighing on Elon Musk’s electric vehicle company.
Read moreChina’s nudges ‘high quality’ firms to seek overseas debt funding
China’s top economic planner has encouraged qualified firms to borrow medium- and long-term debt abroad amid a slowdown of US dollar fundraising.
Read moreSmall Banks Say Their Commercial Real Estate Loans Are Fine
Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.
Read moreLuxury brands in China take hit on low consumer confidence as economy slows
Asia sales of Louis Vuitton owner LVMH fell 13 per cent in the first half, while Chow Tai Fook’s plummeted 20 per cent in the second quarter.
Read moreWhy Paper Checks Refuse to Die
It’s hard to avoid hassle — or fraud — when you’re required to pay with paper and ink. Here’s why checks persist and why some people don’t mind.
Read moreBeefed-Up Olympics Security Thins Out Tourists, Squeezing Merchants
French businesses had hoped the Games would bring an economic boom, but metal fences and police checkpoints have turned some areas of Paris into dead zones.
Read more‘In China for China’: German firms buck trend, bring best tech and products to compete
With fewer options amid geopolitical strife and supply-chain disruptions, capitalising on China’s massive market requires a more inward-facing plan for foreign firms.
Read moreTesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
Read moreDelta Won’t Let Minors Fly Unaccompanied in Wake of Outage
Pete Buttigieg said on Tuesday that the U.S. Department of Transportation had opened an investigation into Delta’s ongoing response to Friday’s global tech outage.
Read moreWhy Chinese consumption cannot completely be blamed for global imbalances
China’s actual household consumption is much higher when properly adjusted for social transfers, purchasing power and housing expenditure.
Read moreJudge Refuses to Block F.T.C.’s Noncompete Ban as Lawsuits Play Out
A federal judge in Pennsylvania denied a request to delay the rule, siding with the agency and diverging from another court’s decision this month.
Read moreGreater Bay Area home sales surged in June after property market rescue package
Demand for new homes in the Greater Bay Area rebounded last month after Beijing’s historic measures to rescue the property sector took effect. However, a meaningful recovery in prices will take time amid economic headwinds, says Cushman & Wakefield.
Read moreBlind Barbie Joins Mattel Lineup
A second new doll, a Black Barbie with Down syndrome, is part of the toymaker’s effort to be more inclusive.
Read moreTravelers Delayed or Stuck by the CrowdStrike Outage: What Did Your Airline Provide?
The flight disruptions brought on by the global I.T. failure were deemed within the control of the airlines, meaning airlines have to reimburse passengers for meals, transportation and hotels. Did your carrier live up to the requirement?
Read moreA Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals.
Read moreWalter Shapiro, Political Columnist With a Contrarian Streak, Dies at 77
He brought to his writing a sharp sense of humor, honed in stand-up comedy clubs, and never pulled punches even though he was an unabashed Democrat.
Read moreThe U.A.W. Is Holding Off on Endorsing Harris
Unlike other prominent unions, the auto workers are taking their time to ensure that the vice president is aligned with them on key policy questions.
Read moreTransportation Department to Investigate Delta After Flight Delays
Pete Buttigieg, the transportation secretary, made the announcement after the airline suspended travel for unaccompanied minors.
Read moreG.M. Will Restart Cruise Taxi Operations
General Motors said the self-driving division’s cars will run in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
Read moreJune home sales slump, pointing to a buyer's market as supply increases
The median price of an existing home sold in June was $426,900, an increase of 4.1% year over year
Read moreCoca-Cola tops earnings estimates, hikes full-year outlook as global demand rises
Coke beat earnings estimates and raised its outlook, as volume grew globally.
Read moreGM slows its EV plans again even as sales grow
GM is again slowing its plans for all-electric vehicles by further delaying a second electric U.S. truck plant and the Buick brand's first EV.
Read moreLawmakers introduce bipartisan bill aiming to crack down on drug middlemen as scrutiny ramps up
The bill's introduction comes amid a hearing featuring testimony by UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.
Read moreShanghai to implement policies to boost Yangtze River Delta, galvanised by third plenum
Shanghai and neighbouring provinces of Zhejiang, Jiangsu and Anhui will fine-tune their business environment to spur activity in the YRD region, official says.
Read moreGlobal demand for Chinese e-commerce goods boosts low-value trade untouched by tariffs
Buying Chinese products online has become increasingly popular, and shopping platforms such as Temu and Shein are riding the e-commerce wave.
Read moreChina’s timely tax reforms will help local governments deliver stability
With a shift away from disproportionately expecting state governments to power growth, the focus must now be on social welfare and stability.
Read moreWhy Some Donors Are Holding Back on Endorsing Harris (for Now)
Fear of being seen as circumventing an open nomination process is one reason that some backers have not yet publicly endorsed the vice president.
Read moreChina’s non-financial debt growth slows with firms and households unwilling to leverage up
Growth of outstanding debt within China’s non-financial sectors fell to the lowest level in more than two decades in the second quarter.
Read moreFinally, a Way Around Exorbitant Rental Car Surcharges for Tolls
Temporary toll passes, now free for those who rent cars at the Orlando airport in Florida, allow drivers to avoid charges for toll payment devices. Could this be a model for other destinations?
Read moreHow foreign firms can stay on their feet in China’s dynamic market
The era of easy money is over. China’s market-friendly reforms come with rising costs, and greater political control and regulatory scrutiny.
Read moreChina auto giant SAIC Motor decries EU’s ‘illegal’ anti-subsidy probe, hints at challenge
Brussels’ new tariffs on China’s EVs are grinding gears in its auto industry, and SAIC Motor is pushing back.
Read moreArtificial Intelligence Has a Math Problem
A.I.’s math problem reflects how much the new technology is a break with computing’s past.
Read moreChina hopes US firms can ‘play a strong role’ after top executives visit Beijing
A delegation from the US-China Business Council met with Chinese Vice-Premier He Lifeng and Foreign Minister Wang Yi in Beijing on Monday.
Read moreChina Wahaha heiress Kelly Zong Fuli back at the helm after ‘friendly negotiations’
Kelly Zong Fuli, heiress of once China’s largest soft drink producer, returns to the helm after resigning last week, following “friendly negotiations” with shareholders.
Read moreWhat makes an athletics track fast?
The makers of athletics tracks are tweaking their surfaces to make them faster.
Read moreIs Vietnam losing its appeal for China’s manufacturers bypassing US tariffs?
Vietnam has long been a preferred destination for foreign-invested projects, but rising costs are pushing Chinese firms to consider their options.
Read moreChina’s third plenum vows to support ‘capable’ private sector to lead tech innovation
Support for China’s private sector was discussed at the third plenum, which also vowed to make the state sector ‘stronger, better and bigger’.
Read moreChina’s rural land reform could be a cash cow for farmers after bold move at third plenum
Looking to give China’s economy a jolt, Beijing’s third plenum featured long-awaited plans that could make rural resources more valuable and address the rural-urban income gap.
Read moreChina’s housing may get extra help by July’s end as policymakers strive to reverse slump
Policymakers, concerned about weak domestic demand, may ‘step up easing rhetoric and measures’ at this month’s Politburo meeting, Goldman Sachs says.
Read moreXiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push
Within two months of being temporarily placed on a US military blacklist, Xiaomi announced plans to enter China’s saturated electric vehicle market.
Read morePromises abound of deepened reform, but what did China’s third plenum tell us?
In this week’s issue of the Global Impact newsletter, we look back at the conclusion of China’s third plenum.
Read moreChina’s youth, anxious over job market, trust in science to secure their future
As China’s students face an uncertain job market – and the country pledges more resources to tech – they are opting to study science, helping to maintain an ‘engineering dividend’ as the population declines.
Read moreChina’s third plenum holds out hope for debt-hit local governments with funding reform
China to aim for ‘clear division’ of central-local responsibilities and coordinated finances, full text of third plenum decisions shows.
Read moreChina cuts key rates after third plenum to support economy, but ‘heavy lifting’ needed
People’s Bank of China lowered the seven-day reverse repo rate, as well as both the one-year and five-year loan prime rates, just days after the conclusion of the third plenum.
Read moreWhy Nigerians are praying for the success of a new oil refinery
A vast new oil refinery in Nigeria is aiming to reduce the price of petrol in the country.
Read moreHere’s how China can fund its third plenum goal of high-quality development
Given China’s weakened financial position, it must embrace low-cost reforms that drive growth without adding to budget pressures.
Read moreBadminton mocked as becoming ‘rich people’s sport’ in China as shuttlecock prices surge
Demand for pork has increased in China, meaning less duck and goose is being sold, resulting in badminton shuttlecocks becoming more expensive.
Read moreChina’s pet economy being driven by elderly, singles dreaming of having cats and dogs
China’s pet economy is expected to reach 811.4 billion yuan (US$112 billion) by 2025, remaining prosperous despite ongoing economic headwinds.
Read moreChina’s fitness enthusiasts exercise caution as they look to make their yuan go a long way
In China’s wellness industry, which is expected to cross 100 billion yuan (US$13.8 billion) in 2026, only the fittest will survive.
Read moreLate to the game, Hong Kong’s big splash on tech must pay off
Forced now to diversify its economy, Hong Kong is moving forward on giving its industrial base the talent, land and funding that it needs.
Read more‘Opening up is China’s greatest reform’: noted economist calls for new market standards
Sound rule of law and modern market economy will drive China’s continued economic prosperity rather than frequent policy shifts, forum hears.
Read moreBeijing seeks to drive up China’s much-needed consumption by upping NEV number plate quota
Beijing is set to issue 20,000 new energy passenger cars with number plates to be used by families from Sunday.
Read moreChina’s humble consumers embrace down-to-earth lifestyle, rising ‘poor man’s meal’ trend
An ongoing trend of consumer spending cutbacks in China has intensified amid an economic downturn, drawing comparison with Japan’s ‘lost decade’.
Read moreChina wants to engage with Europe. Are Brussels and London listening?
Amid deteriorating relations with European governments, Beijing must clarify its positions and help set up an equitable power balance.
Read moreChina seeks ‘unified market’ to surmount regional barriers, boost consumption
China has called for a ‘unified national market’ to aid in the flow of goods and resources, arguing consistent rules across regions will help break down barriers to consumption and fuel economic growth.
Read moreHow a single IT update caused global havoc
Friday's IT outage is a poignant reminder of how reliant the world has become on devices managed remotely by huge firms.
Read moreWhat will future aerial dogfights look like?
AI with dogfighting ability is being developed by the UK and US air forces.
Read moreCan we make work meetings more bearable?
The providers of video meetings software are now offering AI tools that help the participants.
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