(即时多来源) 英语商业新闻 (Rolling) English Business News

English News 金融经济

广告

Alpilean 是一种纯天然减肥补充剂,旨在帮助个人自然减肥。试一下 Alpilean 

翻译:



Delta Flight Attendants With Palestinian Pins Prompts Uniform Policy Change

A social media post showing two flight attendants wearing the pins drew criticism and prompted Delta to say that only U.S. flag pins would be permitted.

Read more

How Janet Yellen Became an Unlikely Culinary Diplomat

The Treasury secretary views food as a way to connect, and her dining decisions have become the subject of global intrigue.

Read more

What if the A.I. Boosters Are Wrong?

A skeptical paper by Daron Acemoglu, a labor economist at M.I.T., has triggered a heated debate over whether artificial intelligence will supercharge productivity.

Read more

Finland’s once-brisk China ties rattled as Russia sanctions fracture travel, trade links

As Finland cooperates with European Union sanctions on Russia, its relationship with China has suffered as once-lively trade and travel links show cracks.

Read more

Is There a Future in the Doomsday Economy?

With Fortitude Ranch, the entrepreneur Drew Miller is betting on franchised timeshares for people who are worried about the end of the world.

Read more



The $25 Trillion System of Retirement Savings Needs Fixing

Fifty years after Congress passed a landmark retirement law, 401(k) and I.R.A. accounts enrich mostly higher-income households. Here are five ways they can be improved.

Read more

Jonathan Clements, Longtime Personal Finance Columnist, Has Cancer

Jonathan Clements, a longtime personal finance columnist for The Wall Street Journal, has a lot of savings. He’s not mad that a fatal illness will keep him from spending it.

Read more

How much does Japan need Chinese imports? And which appliance trade surprisingly sizzles?

Analysts say Tokyo’s new trade breakdown reflects how Japan has not been looking to decouple from China, but rather ‘insulate’ itself in certain areas.

Read more

Mortgage competition hots up as rates decision looms

Lenders cut the cost of new mortgages, with hopes of further falls, but many homeowners are still stretched.

Read more

Marathon Oil Agrees to Pay Record EPA Penalty

The company will spend $242 million to resolve allegations that it released methane, a greenhouse gas, and other pollutants in North Dakota.

Read more



Hallmark+ Will Arrive in September, Joining the Streaming Fray

Hallmark+, which arrives in September, will include free greeting cards and a “Hallmark Hunk” competition show.

Read more

How Elon Musk and SpaceX Plan to Colonize Mars

SpaceX employees are working on designs for a Martian city, including dome habitats and spacesuits, and researching whether humans can procreate off Earth. Mr. Musk has volunteered his sperm.

Read more

AT&T Says Phone Data of ‘Nearly All’ Customers Was Breached in 2022

More than 100 million customers’ phone records were exposed, but the breach did not include contents of calls, texts or data such as Social Security numbers and passwords.

Read more

JPMorgan and Wells Fargo Earnings Show Toll of Inflation

JPMorgan and Wells Fargo reported that overall deposits dropped. At Citi, losses piled up from credit.

Read more

EU says X’s blue tick accounts deceive users

The EU says the way the social media site designs and operates blue tick accounts "deceives" users.

Read more

Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.

Read more

JPMorgan Chase tops second-quarter revenue expectations on strong investment banking

JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts' expectations as investment banking fees surged 52% from a year earlier.

Read more



How News Outlets Are Covering Kamala Harris

Some liberal news organizations have started playing up Ms. Harris’s perceived strengths. Conservative ones have stepped up their criticisms of her.

Read more

SpaceX Rocket Fails in Orbit

The malfunction, the first since 2016, ended a streak of more than 300 successful launches for the Falcon 9 rocket.

Read more

Here’s Why These Boho Knotless Braids Cost $450.

For many Black women, summertime calls for braids. Pricing for knotless braids, which are faster to braid, feel lighter and have gotten more popular, depends on the length and size of each braid and color blend, and whether hair used in the boho style is human or synthetic.

Read more

Unilever to slash a third of European workforce

The biggest job cuts at the company for decades are part of an effort to revive growth.

Read more

SpaceX’s Falcon 9 rocket suffers rare inflight failure, is grounded during investigation

A SpaceX rocket carrying Starlink satellites failed midflight, in a rare misfire for the company's workhorse Falcon 9 vehicle.

Read more

The End of the Affair? Not for Eric Schmidt.

While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.

Read more

Antitrust Regulator Tells Chains: Back Off Your Franchisees

After a yearlong inquiry, the Federal Trade Commission warned brands not to gag their small business operators or charge them extra fees.

Read more

Inside a $60 million beachfront mansion with subterranean secrets and Italian flair

The owner of the Mar Pietra beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with an asking price of $60 million.

Read more



China’s exports surge, but sustainability questioned: 5 takeaways from June’s trade data

China’s export values grew at the fastest pace in 15 months year on year in June, but imports fell due to sluggish domestic demand.

Read more

$95 Million

The amount unaccounted for after the failure of a company that operated banking software for online financial start-ups.

Read more

‘We won’t run out of beer’: Pubs prep for Euro final

A surge in beer, burger, and pizza sales is expected ahead of England's match with Spain on Sunday.

Read more

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

More than 100,000 customers of fintech apps like Yotta, Juno and Copper have been locked out of their accounts since May.

Read more

Carpetright close to collapse with 1,800 jobs at risk

The retailer says it intends to appoint administrators while it works to secure extra funding.

Read more

‘Fly Me to the Moon’ Is a Throwback Amid Summer Blockbusters

Directed by Greg Berlanti, the film amounts to a Hollywood experiment: Is there still room at the multiplexes for original movies aimed at grown-ups.

Read more

China’s midyear review: what to expect when third plenum opens, and what numbers can reveal

Structural challenges demand urgent action, economists and analysts tell Beijing as ‘everyone feels that the economy has not yet bottomed out’ in China.

Read more

In News Conference, Biden Has Slips but Shows Strength on Foreign Policy

In a nearly hourlong appearance, President Biden hit back at questions about his fitness for office and engaged in long discourses on China and Gaza.

Read more

Women are set to inherit trillions of dollars in the great 'horizontal wealth transfer'

There are over 43 million people in the Americas over the age of 75, with over $50 trillion in combined transferrable wealth.

Read more



The Election Muddle Aside, Investing Has Been a Snap Lately

Stocks prospered in the first half of 2024 but national politics clouds the outlook.

Read more

Biden Donors Still Have Questions After His Latest Test

The president’s performance in Thursday’s news conference at the NATO summit may not have been enough to calm Democratic donors and officials.

Read more

China’s quest for overseas capital continues as investment restrictions eased in 6 cities

As China seeks infusions of foreign investment, the country will expand overseas access to service sectors in a select cohort of regional capitals.

Read more

China Reaches Record Trade Surplus, Raising Alarm Abroad

China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.

Read more

CATL taps investors as world’s No 1 EV battery maker raises funds for global supply chain

The fundraising underscores CATL’s ambition to expand its worldwide footprint, as global demand for EVs outpace petrol-gurgling cars that run on internal combustion engines.

Read more

Germany to Strip Huawei From Its 5G Networks

Major telecom companies agreed to stop using critical components made by Chinese companies in their mobile infrastructure by 2029.

Read more

How the ‘Glass Cliff Effect’ Sets Women Up for Failure

The term, which traces to 2005, describes a phenomenon where companies appoint women to leadership roles in moments of crisis, which can set them up for failure.

Read more

How to Avoid Vacation Rental Fees? Book Direct.

It takes some work to find a rental you can book directly, but the payoff can be significant.

Read more

China’s key SMEs urged to report improper fines, fees as Beijing seeks to ease hardships

China’s industry ministry will gather public information on problems faced by businesses, including fines and administrative fees.

Read more

Dover port warns of up to two-hour waits at peak times

New EU border checks and travel for the Olympics will increase congestion at the UK's busiest port.

Read more

China’s overseas demand remains strong as exports surge, but tariff impact looms

China’s export growth exceeded market expectations in June, while imports fell from a year earlier, data released on Friday showed.

Read more

The Beastie Boys Sue Chili’s Over Use of ‘Sabotage’

The band said that the restaurant chain had ripped off the song and its music video in advertising videos posted to social media. The group has won similar cases in the past.

Read more

Dollar General settles with Labor Department over workplace safety violations

Under the settlement, Dollar General is required to significantly reduce its inventory and increase stocking efficiency to prevent blocked exits and clutter.

Read more

I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion

The beefed-up enforcement is part of the agency’s modernization initiative aimed at improving customer service and catching wealthy tax evaders.

Read more

Inflation Cooled Further in June, Welcome News for the Fed and Consumers

Consumer Price Index inflation was 3 percent yearly in June and fell month-to-month, a sharper slowdown than expected and a relief for the White House.

Read more

Post Office boss to step back to prepare for inquiry

Nick Read will step back from his duties to focus on preparing for the final stage of the Horizon IT inquiry.

Read more

Biden Offers $1.7 Billion to Help Factories Build Electric Vehicles

A Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.

Read more

Pioneering British AI chip designer bought by Japanese firm

Graphcore was once considered one of the country's most promising start-ups, with a £2bn valuation.

Read more

Why this China analyst says full decoupling is unlikely, and what’s missed in reform talk

Founder of Gavekal Dragonomics says efforts to dislodge China from global supply chains are unlikely to succeed and discussions of ‘reform’ from outside the country often miss vital context.

Read more

Costco Raises Membership Fees for First Time in 7 Years

An increase of more than 8 percent will take effect on Sept. 1. The base membership will go up by $5, to $65 per year.

Read more

Why both businesses and scammers love India's payment system

Fast and free, India's UPI payments system has been a big success, but has attracted scammers.

Read more

Delta's summer outlook disappoints as industry's flight glut drives down fares

Delta on Thursday kicked off an airline earnings season marked by packed planes but profits under pressure as costs rise and increased capacity weighs on fares.

Read more

PepsiCo Chip Sales Drop as Prices Sting

PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.

Read more

Fraud Case Against Rich Exile Who Riled Beijing Goes to Jury

Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.

Read more

Delta says the Olympics will cost it $100 million as travelers skip Paris

Delta says travelers are opting for other destinations or booking outside of the dates of the Olympic Games.

Read more

More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom

The Paris Olympics are the first games since legalized gambling has been widespread in the U.S. Will it make a difference for sportsbooks?

Read more

Biden’s Pick to Lead F.D.I.C. Faces Little Resistance in Senate Hearing

Nominated for chair of the Federal Deposit Insurance Corporation, Christy Goldsmith Romero was cheered by Democrats and accepted by Republicans at a hearing.

Read more

Amazon Says It Reached a Climate Goal Seven Years Early

The company said it effectively got all of the electricity it used last year from sources that did not produce greenhouse gas emissions. Some experts have faulted the company’s calculations.

Read more

Influencers plead not guilty in Instagram trading trial

Geordie Shore's Scott Timlin is among those pleading not guilty of promoting the Instagram scheme.

Read more

David Liederman, 75, Dies; Found Sweet Success With David’s Cookies

His innovative version of the chocolate chip cookie, studded with irregular pieces of dark Swiss chocolate, led to a chain of more than 100 stores worldwide.

Read more

Audi strikes multiyear partnership with MLS' Inter Miami CF

Audi announced today the beginning of a multiyear partnership with the South Florida soccer club as the company aims to reach a growing soccer fan base.

Read more

The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says

Commissioner Roger Goodell told CNBC in an exclusive interview that the NFL is open to changing its policies to allow minority private equity ownership.

Read more

Pfizer moves forward with once-daily version of weight loss pill after setbacks

The company plans to conduct studies in the second half of the year evaluating multiple doses of the drug. 

Read more

Costco hikes membership fee for the first time since 2017

Costco will hike its annual membership fees by $5 in the U.S. and Canada starting Sept. 1.

Read more

Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party’s Platform

Fiscal hawks are lamenting the transformation of the party that claimed to prize fiscal restraint and are warning of dire economic consequences.

Read more

After French Election, Voters Are Resigned to Cost-of-Living Crisis

France’s parliamentary elections were intended to bring change, but many fear the political gridlock means their struggle to pay bills will continue.

Read more

Row over rise in water bills as firms say it's not enough

Water firms have hit out at bill rises of £94 over the next five years after wanting bigger hikes.

Read more

PepsiCo earnings beat estimates, but U.S. demand weakens

The food and beverage giant PepsiCo reported better-than-expected second-quarter earnings, but its revenue fell short of Wall Street's estimates.

Read more

US inflation cools to slowest pace in a year

Prices in the US rose 3% over the 12 months to June, lifting hopes that the inflation problem is subsiding.

Read more

Apple Settles E.U. Case by Opening Its Payment Service to Rivals

Customers in Europe may see an influx of new apps and services for making tap-and-go purchases.

Read more

China’s costly metro security is straining resources to get economic engine back on track

Weighing up national security concerns and economic burdens, some analysts say that thorough evaluations of public security systems could help lay a track for China’s economic recovery.

Read more

Biden Sets Second Post-Debate Interview, This Time With NBC’s Lester Holt

The interview will air in prime-time on NBC on Monday, the first night of the Republican National Convention.

Read more

After More Calls to Step Down, Biden Faces a New Test

Fresh calls from lawmakers and donors to step down have increased pressure on the president, as he prepares to hold a crucial news conference.

Read more

Water bills: How much will I have to pay?

The regulator sets price limits for England and Wales, but water bills vary across the country.

Read more

UK economy grew faster than expected in May

A strong performance from the retail and construction sectors helped the economy grow by 0.4%.

Read more

China’s consumers up travel interest despite worries, eye ‘rigorous yet relaxed’ lifestyle

Survey of 3,000 online users in China finds nearly a half of consumers aged between 18 and 59 are increasing spending on travel and holidays.

Read more

For L.G.B.T.Q. People, Moving to Friendlier States Comes With a Cost

Laws targeting gender-affirming care have uprooted thousands. But places that are more supportive can also be more expensive.

Read more

Asia-Pacific’s riches grew 177% in last 15 years, outpacing rest of world, UBS finds

Mainland China has 6 million millionaires, far behind the US, while Hong Kong ties Australia for third in millionaires per capita, UBS wealth report says.

Read more

How Climate Change Is Changing Mississippi’s Cruise Business

Though operators are building ships, and towns are investing in landings and other infrastructure, fluctuations in the river’s flow, exacerbated by climate change, are hampering sailings.

Read more

Chinese EV makers train sights on Middle East, Brazil, Russia after US, EU raise tariffs

Chinese electric vehicle (EV) makers are looking at other markets where they could enjoy pricing advantage after the US and the European Union slapped higher tariffs on their shipments.

Read more

Biden Announces Tariffs on Chinese Metals Routed Through Mexico

The measure aims to close a loophole that officials said allowed metals made partly in China to come into the United States duty free.

Read more

Archegos founder Bill Hwang convicted of fraud

The collapse of Archegos Capital Management caused billions of dollars in losses for several big banks.

Read more

China’s ‘low-altitude economy’ soars as UAVs surge by 48%, Beijing eyes healthy development

China is pushing for the ‘low-altitude economy’ to foster high-value jobs, bolster innovation in science and technology and inject momentum into the overall economy.

Read more

Archegos Founder Bill Hwang Found Guilty on 10 Charges

The 2021 collapse of Archegos Capital Management led to some $10 billion in losses for some Wall Street banks. He could spend the rest of his life in prison.

Read more

China rocked by cooking oil contamination scandal

The controversy over claims fuel tankers were used for food products has been trending on social media.

Read more

Millions of people not working is ‘unacceptable’ says Labour

Rising levels of worklessness require "immediate action", the new Labour government has said.

Read more

Will K-pop's AI experiment pay off?

Some of the genre's biggest names are now using artificial intelligence, but fans are divided.

Read more

Federal Trade Commission to sue drug middlemen over prices of medications including insulin, source says

UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts will reportedly be the targets of the FTC's suits.

Read more

China’s love of domestic EVs endangers foreign carmakers, says consultancy AlixPartners

‘Fast EV adoption has put international marques in jeopardy,’ says AlixPartners’ Stephen Dyer, as local firms enjoy overwhelming advantages.

Read more

U.A.W. Monitor Reveals Details About Investigation Into Union Leader

A court-appointed monitor said he was looking into allegations that a union official was punished for resisting actions that would have benefited the union president’s partner and her sister.

Read more

Three West African Countries Exit Regional ECOWAS Bloc

Burkina Faso, Mali and Niger are withdrawing from a 49-year-old regional alliance that has allowed goods and nearly 400 million people to travel freely across a tightly connected region.

Read more

NASA still expects Boeing's Starliner to return astronauts from ISS, but notes SpaceX backup option

Officials say Starliner capsule "Calypso" may return as soon as the end of this month from its extended ISS stay.

Read more

Thousands could make claims after BA flight delay ruling

The ruling against British Airways has the potential to affect thousands of airline claims every year.

Read more

NASA Says No Plan to Use SpaceX to Rescue Boeing Starliner Astronauts

In a news conference from aboard the International Space Station, Butch Wilmore and Suni Williams said they had confidence in the troubled spacecraft to get them home.

Read more

Kevin Costner’s Next ‘Horizon’ Film Release Is Canceled

The film was supposed to hit theaters on Aug. 16, but that plan was scrapped after the first chapter of the Western saga disappointed at the box office.

Read more

Musk defeats ex-Twitter staff seeking $500m in severance

A US judge dismissed the case, one of several filed in the aftermath of Mr Musk's takeover of the site.

Read more

What Travelers Need to Know About Hurricane Season

Hurricane Beryl set records as the earliest Category 5 storm ever. What does that mean for the rest of hurricane season? Here’s what travelers need to know.

Read more

CBS News President Ingrid Ciprian-Matthews to Step Down

Ingrid Ciprian-Matthews, who ascended to the role last year, will be a senior adviser on coverage through the presidential election.

Read more

Britain Has Huge Clean Energy Ambitions, but Are They Realistic?

Analysts warn that the Labour Party’s proposals are unlikely to be cheap and could come at the cost of jobs in the oil and gas industry.

Read more

CNN Cuts 100 Jobs, and Announces Plan for Digital Subscription Product

The network’s C.E.O., Mark Thompson, has promised a more robust digital strategy as people flee traditional cable packages.

Read more

US in fresh crackdown on Chinese steel imports

The US said it was targeting firms from China and other countries diverting trade through Mexico.

Read more

U.S. and Allies Take Aim at Covert Russian Disinformation Campaign

Intelligence officials from three countries flagged a Russian influence campaign that used artificial intelligence to create nearly 1,000 fake accounts on the social media platform X.

Read more

They Hit Their Health Care Deductible. It Was Time to Party.

Some of those grappling with high health care costs are finding ways to celebrate small wins and build a sense of community.

Read more

China’s consumer inflation edges down, but ‘upside’ around the corner: 4 takeaways from June

China’s consumer price index edged down to a three-month low in June, while the producer price index hit a 17-month high.

Read more

Samsung becomes first tech giant to launch a smart ring

The devices have high profile users, including Kim Kardashian and and some England footballers.

Read more

How Beautycounter Fell Apart, Sinking Almost $700 Million With It

When the private equity firm Carlyle bought Beautycounter, the skin care brand that people sold at kitchen tables, everything changed.

Read more

George Stephanopoulos Says Biden Can’t Serve Another Term in TMZ Video

The ABC anchor, in a surreptitious recording, said, “I don’t think he can serve four more years.”

Read more

Union calls Tata jobs talks extremely positive

Tata Steel will close the second of its Port Talbot blast furnaces in September.

Read more

Staff allowed to choose working hours in new trial

The project will build on the original 2022 trial looking at a four-day working week.

Read more

South East Water warns it needs more investor cash

South East Water warns it needs more money from investors ahead of an Ofwat ruling on spending.

Read more

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

The facilities are part of Walmart's broader effort to modernize its supply chain and expand capacity to keep up with customers' online orders.

Read more

Fed Chair Powell Cheers Markets Looking for Signs on Rate Cuts

The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.

Read more

With China’s homebuyers crying out for help, analysts say time is ripe for mortgage relief

As China’s homebuyers struggle to stay afloat, analysts and observers have suggested a renegotiation of mortgage rates, as well as an expansion of the country’s affordable housing.

Read more

Premier faces China’s economic issues square on in meeting as inflation adds to pressures

Premier Li Qiang met business leaders and economists on Tuesday before inflation data pointed to persistent pressures for China’s economy.

Read more

Carney: Household bills will fall with new tech

Green technologies will help drive down bills by the end of the decade after initial investment, he says.

Read more

Help The Times Report on Optum-Controlled Doctor’s Offices

The Times wants to hear from patients and providers about medical practices affiliated with Optum, a subsidiary of UnitedHealth Group. Share your experience below.

Read more

Samsung Union Workers Launch Indefinite Strike

The tech giant’s largest union escalated its dispute with management after failing to reach an agreement over pay and working policies.

Read more

Are EU trade barriers on China fair? Beijing’s new probe demands answers after bloc action

An investigation is underway, and Chinese authorities will get answers with questionnaires, public hearings and field inspections in the months to come.

Read more

China’s dormant job market inflames anxieties, simmering social tensions to surface

China’s employment issues appear to be having a spillover effect on society at large, with recent heated or violent incidents leading many to wonder about the role the job market has played in these outbursts.

Read more

China’s financial sector jobs seen losing their lustre as salaries tumble amid crackdown

Deep and widespread pay cuts have hit China’s financial sector as Beijing seeks an honest and trustworthy, righteous pursuit of profits to support the economy.

Read more

China’s weak consumer inflation points to ‘very limited’ domestic demand recovery

China’s consumer-price growth fell short of expectations in June while producer prices fell for the 21st straight month, data released on Wednesday shows.

Read more

Sleep could be boosted by saving small amounts

A quarter of UK adults have less than £100 tucked away, but a report says a savings habit aids mental wellbeing.

Read more

It suddenly looks like there are too many homes for sale. Here's why that's not quite right

Inventory of both new and existing homes is finally rising, but the supply of newly built homes appears to be way too high.

Read more

First Ariane 6 rocket launches as Europe rejoins a market dominated by Musk's SpaceX

The European Space Agency has prepared its newest heavy-lift Ariane 6 rocket to launch from Europe's Spaceport in Kourou, French Guiana, on Tuesday.

Read more

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Athletic holds over 19% market share within nonalcoholic beer and is driving 32% of total nonalcoholic beer category growth, according to NielsenIQ data.

Read more

Space station startup Gravitics lands $125 million order from Axiom

Gravitics aims to become a manufacturer of private space stations, with designs for modules that have the "largest interior volume in a standalone spacecraft."

Read more

China must unblock internal circulation, No 4 official says in warning of weak domestic demand

Wang Huning says ‘smoothing out domestic circulation’ would lead to advantages for China in terms of international economic cooperation and competition.

Read more

China to launch its first platinum, palladium futures contracts

The Guangzhou Futures Exchange (GFEX) plans to launch its first platinum and palladium futures contracts in China, to offer a domestic price-hedging mechanism.

Read more

China’s third plenum: implications for solar power, copper, steel, oil refining and grains

The third plenum is typically a forum for longer-term political and economic reforms, and the sense is that major initiatives are unlikely. But tweaks to the policy framework could still be consequential.

Read more

China’s gig workers becoming new normal, but ‘inevitable trend’ comes with a burden

China has around 200 million gig workers who make a living from various temporary jobs, but they lack the security of traditional employment.

Read more

Is AI the answer for better government services?

Governments are experimenting with AI chatbots that can give help and advice.

Read more

Lay-offs by China’s top firms in key industries show unemployment biting through economic turmoil

A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.

Read more

Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes

The Justice Department said in May that Boeing violated its 2021 settlement by failing to implement a certain compliance program.

Read more

Media, tech titans head for Sun Valley with streaming alliances top of mind

Media and tech titans will convene at Allen & Co.'s annual conference this week, where streaming and sports alliances will be top of mind.

Read more

Paramount agrees to merge with Skydance, ending monthslong negotiations and Redstone era

Paramount agrees to merge with Skydance, bringing new ownership to the storied movie studio and CBS broadcast network long controlled by the Redstone family.

Read more

Hollywood theater owners are worried a Paramount-Skydance merger will usher in too much consolidation

Paramount and Skydance have long been production partners, co-financing and distributing about 30 films.

Read more

Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers

Customers' deep frustration with higher prices has pushed many retailers and restaurants to step up discounts, promotions and value meals.

Read more

Air travel demand is breaking records. Airline profits are not

Investors will get more insight into the outlook for the tail end of summer when Delta Air Lines kicks off earnings season Thursday.

Read more

China’s graduates told to embrace financial reshuffle, ‘don’t feel ashamed’ about career

Students at a university in Shanghai told not to be ashamed of taking a job in China’s finance sector amid the industry’s heightened scrutiny and dwindling reputation.

Read more

China’s new energy overcapacity solvable by market, not administrative action: academic

China’s capacity overflow in new energy, which has brought scrutiny from the West, can be solved by its huge market, an analyst has said.

Read more

Chinese EV maker BYD buys stake in Thailand distributor after opening local factory

The world’s top EV maker buys a 20 per cent stake in Rever Automotive as it invests in Southeast Asia amid higher tariffs in the US and Europe.

Read more

With pessimism in China and optimism in India, confidence seen key to economic puzzle

Economist Helen Qiao compares the differing levels of confidence in China and India as a key agenda-setting meeting looms for the world’s second-largest economy.

Read more

China’s central bank ups control of interest rates with new operations amid reform push

Analysts believe moves by the People’s Bank of China to conduct additional open market operations paves the way for a new and narrower interest rate corridor.

Read more

China comes out swinging at ‘Summer Davos’, but talks up markets and US trade

In this week’s issue of the Global Impact newsletter, we look back at the World Economic Forum’s Annual Meeting of the New Champions that took place last week in the Chinese city of Dalian.

Read more

Drought, floods, typhoons imperil crops and power as extreme weather spoils China’s summer

China will see more extreme weather events in the coming years due to the impact of climate change, said Yuan Jiashuang, deputy director at the National Climate Centre.

Read more

China’s localities need debt relief, academic says, backing treasury bonds to ease burdens

With China’s local governments under the yoke of heavy debt, calls are growing louder for the central government to lighten the load with treasury bonds – and eventually, reform of public finances.

Read more

'Protectionism eroding global business' - world trade chief

The boss of the World Trade Organization warns the global economy is facing numerous challenges.

Read more

What does China’s private sector want from the third plenum? A survey sheds light

Entrepreneurs are looking for policies to cut abuse of government power and red tape, and improve competition, research firm says.

Read more

China’s tech boom powering AI career coup, with finance muscled out at top of salary pyramid

China’s drive for self-sufficiency in tech, combined with the global popularity of AI applications, has led to jobs in the field topping finance for pay as the job market shifts to match demand.

Read more

Once a stopover for Ronald Reagan and Jay Chou, Beijing’s one-time beacon of luxury fades

Once a symbol of Beijing’s dynamic hospitality scene, The Great Wall Hotel Beijing has fallen into a state of disrepair amid China’s changing landscape.

Read more

SAIC Motor, hit with highest EU tariff rate on Chinese EV exports, requests hearing to explain its case

SAIC Motor, which faces a 37.6 per cent tariff on exports of its EVs to Europe, has requested a hearing from the European Union after the punitive measure came into effect on Thursday.

Read more

China’s elder millennials, like high-level game characters, quest afar to cure ‘curse of 35’

Youthful vigour is like a +5 character perk in the Chinese workforce, but veteran industry players who know their profession inside and out are the ones companies want to send abroad.

Read more

China’s desperate young jobseekers face fierce competition, provide headache for Beijing

Chinese President Xi Jinping called employment a ‘most basic livelihood concern’, pledging to make youth employment a top policy priority.

Read more

GlobalFoundries races to find semiconductor talent as demand for chips soars

GlobalFoundries and other semiconductor companies are looking for workers as demand for chips soars, spurred by CHIPS Act funding and artificial intelligence.

Read more

China seeks to hop tech hurdles with robots, 6G as industrial development hits crossroads

China’s Ministry of Industry and Information Technology on Friday laid out a plan to make breakthroughs in emerging industries while preserving traditional manufacturing as a foundation.

Read more

Sidestepping Russia, China shores up new Caspian Sea trade route through Central Asia to Europe

Despite its choppiness, the world’s biggest inland body of water has rapidly become a more desired journey for shipments than one through Russia or the Red Sea.

Read more

Wealth Management Connect revamp sent cross-border investment skyrocketing, says ICBC

Improvements to the Wealth Management Connect scheme in February have proven to be a game-changer, with investment via the cross-border trading channel quadrupling between January and April, according to government data and ICBC.

Read more

China’s top taxman talks up big data, new legislation as digital shift looks likely for invoices

As China moves into a digital future, the head of the country’s tax authority has spoken of the need for taxation administration to ride the wave, noting the potential of data to aid in the closing of loopholes.

Read more

China offers SMEs, green sector boost with 3-year action plan to lift government purchases

Various levels of governments have been urged to boost purchases from small and medium-sized enterprises, which are the backbone of China’s economy.

Read more

China’s third plenum needs to provide ‘clear direction, anchor’, reforms: scholar

Alfred Schipke says the upcoming third plenum needs to show China is open for business despite its challenges, including the struggling property sector.

Read more

Could the 'flying piano' help transform air cargo?

A Texas start-up is developing cargo gliders that would be towed behind a jet.

Read more

From education to taxes, how China can boost demand and drive growth

Growth no longer depends on net exports or foreign investment but on aggregate demand from within China – and there are two promising sources.

Read more

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal

The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman.

Read more

China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures

The Bank for International Settlements has praised China and other developing economies in managing their monetary policy, but cautioned pressure will remain high as US Fed rates remain unchanged.

Read more

China-EU trade reaches turning point with EV tariffs set to begin, but ‘scope to compromise’

Analysts say provisional import tariffs on Chinese electric vehicles by the European Union, which will begin on Friday, represent an ‘inflection point’ in the relationship.

Read more

Would having an AI boss be better than your current human one?

Companies are now experimenting with using AI systems to manage their staff.

Read more

How Microsoft and Nvidia bet correctly to leapfrog Apple

The two tech firms were among the first to see the commercial potential of AI.

Read more

The fastest data in the world

Researchers are seeing how fast data can be delivered amid rising demand for bandwidth.

Read more

What is 'AI washing' and why is it a problem?

Tech firms commonly highlight their use of AI, but in some cases it may be exaggerated.

Read more

The screen tech that can do almost anything

New technology promises TV and phone screens that use much less electricity than current models.

Read more

Huge Saudi construction projects 'might get scaled down'

Funding concerns are expected to see Saudi Arabia reduce its giant building schemes.

Read more

How mobile phone networks are embracing AI

Providers are increasing using artificial intelligence to maintain a reliable service.

Read more

Could brain-like computers be a 'competition killer'?

Computers built like brains could be much more energy efficient than current designs.

Read more

Too much of a good thing? Spain's green energy can exceed demand

Spain is looking at storing electricity or increasing demand to solve electricity oversupply.

Read more

The battle for Gen Z social shoppers

If TikTok is banned in the US, where might its social shoppers go?

Read more

'We are creating new crops five-times faster'

How artificial intelligence is increasingly helping the arable farming sector.

Read more

'Insane' amounts of data spurs new storage tech

Storing information with holograms and in glass is being proposed to deal with a deluge of data.

Read more




Auckland web design

 1,275 views