Archive / Lead News - 2024
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Jeff Bezos is betting millions on a Nvidia rivalBillionaire Jeff Bezos is throwing his weight behind a computing company that’s coming for Nvidia’s (NVDA) dominance of the artificial intelligence chip market. Bezos Expeditions,...Jobs data set to pave way for rates path, stocksThe coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched employment report...2 Possible Changes Coming to American Car Prices in the Next 4 Years Under TrumpMany aspects of the American economy are expected to change following the election of former (and now future) president Donald Trump. His campaign promises of...Holiday car deals are back, and it could be your last shot at a really cheap electric vehicleThis holiday season could be your last chance to get discounts worth thousands of dollars on electric vehicles. Holiday car deals overall are expected to...Rising Demand for Formal Dresses for Work and Special OccasionsThe fashion industry is witnessing a noticeable shift as the demand for formal dresses for work continues to rise. With more people returning to office...India to expand EV manufacturing incentives after Tesla disappointment, source saysIndia plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing...Taiwan ready to discuss 2nm transfer to U.S. following Trump's commentsJust weeks after a Taiwanese minister said it was illegal for TSMC to transfer its leading-edge process technology—such as N2 (2nm-class)—from Taiwan to its overseas...World's Largest Gold Deposit Found, Worth Over US$80 BillionA deposit of high-quality gold ore containing around 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according...Nvidia may have found a new way to bypass GPU export restrictionsChinese gamers are expected to have limited access to Nvidia’s best graphics card due to strict export restrictions. However, Nvidia may have found a way...Volkswagen to sell operations in China's XinjiangGerman car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses...Huawei's New Mate 70 Smartphones Move Beyond AndroidHuawei was once angling to be the world's top smartphone maker, but its meteoric rise was built on Western technology. The company was forced to...Top Auto Parts Suppliers and Essential Components for VehiclesThe automotive industry has seen rapid growth in recent years, driven by an increasing demand for quality vehicles and the essential parts that make them...Chinese EV makers are not doing quite as well as you might thinkChina's Tesla rivals might be booming, but they're still losing money. Nio, Zeekr, Xiaomi, and Xpeng have all broken personal sales records in recent months....Tesla workers reportedly faced temperatures of up to 100F because of a faulty furnace doorWorkers at Tesla's Austin factory were said to have faced temperatures as high as 100 degrees Fahrenheit and a "constant haze" because the door of...Huawei AI chips to power China’s next-gen surgery tech for medical breakthroughsThe Centre for Artificial Intelligence and Robotics (CAIR), established by the Chinese Academy of Sciences (CAS) in Hong Kong in 2019, unveiled its latest AI...China's 'ruinous' EV price war cannot last forever, says Volkswagen execVolkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas automakers hard, its boss said. Thomas...Growth of Wholesale Market in Morocco for Vegetable Oils and Organic SkincareMorocco’s wholesale market has shown considerable growth, especially in the sectors of vegetable oils and organic skincare products. The country’s strategic location and rich agricultural...Texas governor orders state agencies to sell China assetsThe governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks,...Japan inflation slows for 2nd month in Oct on energy subsidiesJapan's core consumer prices in October climbed 2.3 percent from a year earlier, increasing at a slower pace for the second straight month as government...Huawei's foldable smartphone sales nearly double in third quarter, report saysHuawei Technologies saw its shipments of foldable smartphones nearly double in the third quarter, as the Chinese tech giant continues to dominate the domestic market...Your older iPhone is about to lose an essential feature foreverOlder iPhone users are set to lose a key feature next month. Any devices running on iOS 8 will no longer create backups, and have...US single-family housing starts slump; high mortgage rates remain a challengeU.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly, indicating that an anticipated...Xiaomi's SU7, the EV that has US auto bosses talking, is smashing sales targetsXiaomi's SU7 has got the whole auto world talking, and the smart EV is flying off the shelves in China, passing its annual sales goal...High-Quality Woodworking Tools and Machinery from ChinaWoodworking enthusiasts and professionals understand the importance of having the right tools. The quality of tools can directly affect the outcome of projects, whether small...Russia is locking up butter as inflation crisis reaches new heightsAmericans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of...Apple iPhone 17 Air rumors: Specs, price, release date, and moreDespite its expected September 2025 release schedule, the iPhone 17 lineup is already generating some buzz. That interest is partially thanks to the rumored inclusion...Exclusive-India cenbank plans 2025 launch of cloud services, countering dominance of global firmsIndia's central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices, according to two sources...Discovering Baghdad’s time-honoured cafe culture, one sip at a timeLining one wall of the juice bar are photos of every Iraqi leader of the past 100 years. They include posed portraits of regal kings,...Watch given to Titanic hero sells for £1.5mA gold pocket watch given to the British boat captain who rescued more than 700 passengers from the Titanic has sold at auction for a...Growing Demand for Textile Dyeing Chemical SuppliersThe textile industry is experiencing significant changes globally, driven by evolving consumer expectations and stricter regulations. The demand for textile dyeing chemicals is on the...General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile marketGeneral Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. General Motors is...Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists sayMoscow's failed attempt to stamp out inflation is driving the country towards its worst-case economic scenario, according to a Russian think tank tied to the...Why Canada could become the next nuclear energy 'superpower'Uranium is making a comeback thanks to a renewed focus on nuclear energy as a climate crisis solution. Canada, rich with high-grade deposits, could become...Facebook and Instagram users in Europe can opt for less personalized adsFacebook and Instagram users in Europe will get the option to see less personalized ads if they don't want to pay for an ad-free subscription,...Elon Musk wants to radically reshape who controls America’s money supplyPresident-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal Reserve. But now a growing question is...Unlock the Health Benefits of Colorful Fruits and Antioxidant-Rich Vegetables for a Healthier YouA vibrant plate filled with colorful fruits and antioxidant-rich vegetables can be a powerful tool for boosting overall health. Increasingly, people are turning to nature’s...JPMorgan says to watch this market threshold for when the Trump bump in stocks may endWith market enthusiasm around Donald Trump's presidential-election victory pushing stocks and crypto to record highs, JPMorgan says investors looking for signs of rally fatigue should...What’s next for nuclear stocks after regulatory pushback?Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to...Indonesia gives small, medium businesses six-month window for loan forgivenessIndonesia has opened a six-month window until May 2025 for certain businesses to receive full loan forgiveness from state banks, a policy that aims to...Bill Ackman plans to pull his companies out of Amsterdam after antisemitic attacksBillionaire hedge fund manager Bill Ackman wants Pershing Square Holdings and Universal Music Group out of Euronext Amsterdam following attacks this week on Israeli soccer...Why Russians with wads of cash flock to Apple stores in this Asian hubWhen the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding...Crypto expert with links to gang shot dead at Brazilian airportA Brazilian businessman, with ties to one of the country's most powerful criminal groups, has been shot dead at Guarulhos Airport in São Paulo. Brazilian...Global Growth in Metal Mineral Exports Boosts Market DemandThe global trade in metals and minerals has experienced significant growth, driven by the increasing demand for raw materials in various industries. As construction, electronics,...Authentic reportedly pulls Reebok licensing deal with New Guards GroupAuthentic Brands Group is believed to have terminated its deal with Farfetch-owned New Guards Group (NGG), which had previously been the licensee of Reebok and...Austria's ams OSRAM expects lower Q4 revenue, weak 2025 startAustrian semiconductor manufacturer ams OSRAM on Thursday forecast lower revenue in the fourth quarter due to uncertainty in the global automotive demand outlook and expects...Nintendo lowers sales forecast as first-half profits plungeNintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the first half, with fans awaiting the announcement of...Success in Global Trade - Essential Importing Strategies and Best PracticesThe complexities of global trade continue to grow, making effective importing more crucial than ever for businesses aiming for success in the international marketplace. As...TSMC rumored to receive High NA EUV machines from ASML this yearNikkei Asia's sources say that Taiwan Semiconductor Manufacturing Corporation (TSMC), the largest semiconductor fab in the world, is set to receive the ASML’s most advanced...Fed Prepares Rate Cut Amid Economic ContradictionsFederal Reserve officials are expected to cut interest rates by a quarter percentage point at their meeting Thursday because inflation has continued to make progress...The stock market gives this candidate a 70% chance to be the next U.S. presidentVice President Kamala Harris’s chance of winning the U.S. presidential election is lower than it was two weeks ago, according to a model that uses...Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansionApple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory...Japan plans automated cargo transport system to relieve shortage of driversJapan is planning to build an automated cargo transport corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up...Growing Demand for Affordable Silk Fabric WholesaleThe demand for affordable silk fabric wholesale has increased significantly in recent months. Designers and consumers are seeking high-quality materials at competitive prices. This shift...Headwinds in China and Asia travel retail impact Estée Lauder's Q1Estée Lauder’s first quarter net sales of 3.36 billion dollars, decreased by 4 percent, while organic net sales decreased 5 percent.Estée Lauder's Q1 net sales...Chinese EV giant BYD beats Tesla in quarterly revenue for first timeChinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into...US job openings hit more than 3-1/2-year low; consumer confidence reboundsU.S. job openings dropped to more than a 3-1/2-year low in September, but nearly all the decline in vacancies was in the South, suggesting that...Congress Calls for Tougher China Sanctions to Thwart HuaweiSome members of the US Congress believe Huawei's "clandestine chip network" is breaking existing sanctions—and expanded sanctions against China are needed to prevent further export...EU to impose duties on electric vehicle imports from China from ThursdayThe European Union will impose duties on imports of electric vehicles from China from Thursday after talks between Brussels and Beijing failed to find an...Key Insights on Strategic Sourcing for Business Growth and Competitive AdvantageIn today's competitive business environment, companies continually seek ways to gain an edge over their rivals. One effective approach is strategic sourcing, a method that...Mexico warns US ban on Chinese car tech could hurt automotive industryThe Mexican government on Monday raised concerns about the Biden administration's proposal to prohibit key Chinese software and hardware in connected vehicles on American roads...China Industrial Profits Extend Drop as Deflation Takes TollProfits at China’s industrial firms in September declined at a faster pace than a month earlier, as deflationary pressures sap the strength of corporate finances....How The Jacket Maker aims to redefine the leather outerwear categoryConsumers today are as demanding as ever, expecting more variety, superior design and quality next to fair prices and long-term value when shopping for fashion...US remains engine of global growth in latest IMF forecastsThe U.S. economy will continue to provide most of the thrust for global growth through the balance of this year and in 2025, led by...France's Atos posts Q3 revenue dip but sees improved order entryStruggling French IT firm Atos reported a 4.4 per cent organic drop in third-quarter revenue on Thursday, owing to softer market conditions, but said it...Huawei Technologies’ Latest AI Chips Were Produced by TSMCAn investigation of Huawei Technologies Co.’s latest AI offering has unearthed an advanced processor made by Nvidia Corp. manufacturing partner Taiwan Semiconductor Manufacturing Co., suggesting...Apple Holds Back iPad 11 Launch to Gear Up for AI RevolutionMacRumors recently reported that Apple(AAPL, Financial) has decided not to release the much-awaited iPad 11 in 2024 in a strategic management move. This decision appears...Fed officials call for 'gradual' and 'modest' rate cutsThree Federal Reserve officials reiterated Monday that they see the central bank moving gradually to lower rates, giving the Fed time to assess any uncertainties...Cloud Services Transform Business Operations in the Digital EraThe demand for cloud services has grown significantly as more businesses move towards digital transformation. Cloud computing offers cost-efficient, flexible solutions that allow companies to...Down 34%, This AI Stock Is a No-Brainer Buy Stock Right NowAs almost every investor knows by now, artificial intelligence (AI) has been driving the current bull market since its start in 2023. The launch of...China's central bank cuts two key rates to boost economyChina's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish...Google wins delay opening Android app store to rivalsA U.S. judge on Friday let Google put off opening Android-powered smartphones to rival app shops while the tech titan appeals an order to do...Tesla's $750 Million in Bitcoin Just Vanished From Where It Was Being StoredDisappearing ActIn case you've forgotten, Elon Musk's Tesla is among the largest bitcoin whales in the world. So when all of a sudden its over...A Sam Altman-backed nuclear power stock soared 150% in a monthAs tech giants turn their attention toward nuclear power for artificial intelligence and data centers, one producer is seeing its shares surge. Oklo's shares surged...Advancements in Sustainable Construction and Real Estate SolutionsSustainable construction is no longer a niche concept but a mainstream demand in the real estate industry. With increasing global attention on environmental issues, more...Nvidia is set to dominate another Big Tech earnings seasonWe’re rolling into what is expected to be another wild tech earnings season, and you can bet AI is going to be front and center....True Value declares bankruptcy and sells itself to a hardware rivalTrue Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company...Increased Demand for Animal Fodder Suppliers Drives Industry GrowthThe livestock industry is experiencing significant growth, leading to a rising demand for animal fodder suppliers. Various factors are contributing to this trend. Increased meat...China's exports miss forecasts as lone bright spot fadesChina's export growth slowed sharply in September while imports also unexpectedly decelerated, undershooting forecasts by big margins and suggesting manufacturers are slashing prices to move...JPMorgan and Wells Fargo Earnings Show the U.S. Economy’s 2 RealitiesThe first batch of the biggest U.S. lenders’ quarterly earnings reflected two realities of an economy that is on solid footing but just starting to...China's deflationary pressures build in Sept, consumer inflation coolsChina's consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive...The case for a US economic 'no-landing' is stronger than everThe US economy seems to be heading for a situation that could make it difficult for Americans to get long-awaited relief from higher interest rates.The...The Just-Released Apple Watch Series 10 Gets a Surprise Discount OnlineApple products are notorious for rarely going on sale, so it’s smart to pounce fast when you see a good deal online. In recent weeks,...How Meta has become an AI behemothWhen you think of Meta (META), you might think of Facebook, Instagram, or, shudder, the metaverse. But the social media company has quickly become an...Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimatesJapan's Fast Retailing, owner of clothing brand Uniqlo, booked its third consecutive year of record earnings on Thursday, boosted by widened profit margins in its...Gold set for biggest drop in over a month as bets on large Fed rate cut recedeGold prices fell over 1% on Tuesday and were on track for their biggest drop on a percentage basis in 1-1/2 months as recent U.S....Renewable Energy Sources Transforming Households and IndustriesThe shift towards renewable energy sources is reshaping the energy landscape. As concerns about climate change rise, households and industries increasingly embrace cleaner alternatives. The...China hits out at EU brandy in tit-for-tat after EV tariff voteChina imposed temporary anti-dumping measures on brandy imports from the European Union on Tuesday, hitting brands from Hennessy to Remy Martin, after the 27-state bloc...Foxconn building Nvidia superchip facility in Mexico, execs sayFoxconn is building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the U.S. firm's next-generation Blackwell family...Apple Intelligence’s release date is almost here - why it's a bigger deal than you thinkApple Intelligence’s release date is fast approaching, making it an exciting time to own one of the best iPhones.The AI tools are one of the...What a hot job market means for inflationThe US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool.The economy added a staggering 254,000 jobs...Guide to Purchasing Wholesale Coffee Beans at Competitive PricesCoffee is more than just a beverage; it is an essential part of daily life for millions. From cafes and restaurants to retail outlets, the...US economy added 254,000 jobs in September, logging surprisingly robust growthUS job growth surged in September, blowing past expectations and providing solid reassurance for the ongoing stability of the labor market.Employers added an estimated 254,000...Gulf states in race to make low-carbon metals as EU carbon tax loomsThe hydrocarbon-rich Gulf states, which are focusing on low-carbon metals manufacturing as part of their economic diversification strategies, could gain an early mover advantage as...Equities rise with dollar, bond yields as investors cheer strong US payrollsMSCI's global equities index rose on Friday while the dollar climbed to its highest level since mid-August as investors heaved a sigh of relief after...U.S. economy is on the cusp of another Roaring ’20s, says UBSThe American economy is seemingly fairing so well that UBS has signaled a potential return to the glory days. The European finance giant believes Uncle...Apple may need to turn to China after Indian Tata plant fire, sources sayExtensive damage from a fire at Tata Group's Apple iPhone component plant in southern India could hamper production ahead of a festive season sales surge,...Demand for Custom Fitness Apparel Wholesale Grows as Active Lifestyles RiseAs the fitness industry evolves, demand for custom fitness apparel is increasing. Many companies recognize the rising interest in personalized sportswear. They are now offering...DirecTV Acquires Dish Network to Better Compete With Video Streaming ServicesThe two major satellite TV providers in the US, DirecTV and Dish Network, are merging to try and better compete in today’s video-streaming era. PCMag...Latest Trends in Skincare From Natural Ingredients to Advanced TechnologyThe importance of skincare has grown significantly in recent years, becoming a crucial aspect of many people's beauty routines. With an ever-expanding array of products...Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in worldWatch your backs, Jeff Bezos and Bernard Arnault. Mark Zuckerberg is gaining on you.Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal...China's top banks to tweak mortgage rates to boost housing marketSix of China's biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing's...French tycoon gains $17 billion from China’s economic stimulus pushThe billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh...Wholesale Textile Suppliers in China Shape Global TradeWholesale textile suppliers in China play a significant role in the global economy. The textile industry is valued at over $1 trillion and is essential...What Fueled This Week’s Record-breaking Stock RallyThe stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last...Apple Intelligence will add plenty to your iPhone, but also take something important awayApple Intelligence will require 4GB of storage space on your iPhone when it launches from next month. That is something to consider when you purchase...Gold’s hitting new records again. Here’s what it means for the economyThe 2024 monster gold rally is picking up steam.The most actively traded gold futures contract has hit repeated highs this year, most recently notching a...Country Garden Services to sell stake in Zhuhai Wanda for $446 millionCountry Garden Services, the property services arm of Chinese property developer Country Garden, said on Wednesday it agreed to sell its 1.49 per cent stake...Boeing's ability to end a costly strike and extra FAA scrutiny looks uncertainBoeing's critics often claim that two deadly jetliner crashes a few years ago and the blowout of a section of a third plane in January...Oil Prices Rise After US Interest Rate CutOil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains....The Growing Landscape of Manufacturers in IndiaIndia has emerged as a significant hub for manufacturers in recent years. This change is due to various factors that make the country an attractive...EU Court Backs Google's Challenge Against 1.49 Billion Euro EU Antitrust FineEurope's second-top court on Wednesday backed Alphabet unit Google's challenge against a 1.49 billion euros ($1.66 billion) antitrust fine imposed five years ago for hindering...What's Happening in Las Vegas Shows Fed's 'soft Landing' is a Good BetThe cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy soured, making...Boeing Says It's Considering Temporary Layoffs to Save Cash During the Strike by MachinistsBoeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week,...Thai Economy to Get 'jolt' From Stimulus Rollout This Month, PM SaysThe launch of Thailand's US$13.5 billion handout programme later this month is certain to give a lift to the economy, Prime Minister Paetongtarn Shinawatra said...Three Stripes or Four? Thom Browne Wins German Trademark Dispute Against AdidasUS fashion brand Thom Browne has won a trademark dispute with the sportswear giant Adidas in Germany. In its ruling of September 6, the Nuremberg-Fürth...Current Trends in Bulk Industrial Chemicals MarketThe bulk industrial chemicals market is experiencing notable changes. More businesses are choosing to buy industrial chemicals online, reflecting a shift towards digital transactions. This...A Record $1.2 Trillion Interest Payments Are Blowing Up The Federal BudgetThe U.S. government will spend a record $1.2 trillion on interest payments in 2024, the highest amount ever recorded. Interest payments are driven by a...Comprehensive Guide to Steel Bars and Finding Reliable ManufacturersSteel bars are crucial in various industries, from construction to manufacturing. Their importance cannot be overstated, given their wide range of applications and the integral...Apple Has Officially Discontinued These Three iPhonesApple introduced four new iPhones this week at the company’s “It’s Glowtime” event. Soon after, as it usually does following new iPhone announcements, Apple retired...Report Warns of $16,500 Annual Social Security Benefit Cut for Dual-Income Couples by 2033A recent report has set off alarm bells for retirees: if Congress doesn't act soon, dual-income couples could see their Social Security benefits slashed by...Apple Believes Apple Intelligence is Its Platform of the FutureApple’s iPhone 16 line hits store shelves on Sept. 20, and while the new phones get some impressive hardware upgrades, their biggest selling point isn’t...Growing Demand for Bulk Filament Yarn Insights and TrendsThe filament yarn market is experiencing significant changes as global demand increases. This rise highlights a growing interest in bulk filament yarn for various textile...Asian Shares Trading Mixed as Investors Gauge Inflation DataAsian shares were trading mixed Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly...The Essential Guide to Gardening Tools and Their UsesGardening enthusiasts know that having the right tools is essential for maintaining a beautiful and thriving garden. From planting seeds to trimming hedges, each task...Japan Logs Record Surplus for July on Foreign Investment ReturnsJapan posted a current account surplus of 3.19 trillion yen in July, a record high for the month, driven by all-time high returns on foreign...California Man Loses Life Savings, Owes More Than $30k in Taxes After Falling Prey to Sophisticated ScamOn top of losing his life savings to scammers, Chester Frilich of Concord, California is facing a tax bill of over $30,000 which could end...Germany's Wholesale Market Insights Trends and Key PlayersGermany stands out as a significant player in the global wholesale market. Its strategic location in Europe makes it a key hub for import and...Durov Says Telegram Will Tackle Criticism of How It Moderates ContentTelegram boss Pavel Durov said on Friday that the messaging app would tackle criticism of its content moderation and remove some features that had been...Master Key Negotiation Tactics for Cost-Effective B2B SourcingNegotiation is a fundamental skill in business, especially in the world of B2B sourcing. Securing the right deals while maintaining quality and cost efficiency is...Volvo Cars Looks to Nvidia-powered Software, 'megacastings' for Future EVsVolvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut...Unique Handcrafted Gifts Transforming the Artisanal Craft MarketThe market for unique handcrafted gifts is experiencing notable growth. This trend reflects a wider shift towards artisanal and custom-made products. There is a growing...The ‘Glory Days’ for Global Automakers in China Are OverForeign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. That golden era is now coming to...Key Strategies to Address Global B2B Supply Chain ChallengesThe global B2B supply chain faces unprecedented challenges as businesses strive to maintain efficiency and adaptability in a rapidly evolving environment. With disruptions becoming more...Trends in Premium Cotton Yarn for Knitting and WeavingThe cotton yarn market is undergoing notable changes in 2024, driven by shifts in consumer preferences and industry practices. As demand for high-quality and sustainable...Volvo Trucks to Launch Electric Truck With 600 Km RangeSweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge,...Oil Steadies With Market Focus on OPEC+ Output and China DemandOil steadied as traders weigh a planned production increase from OPEC+ next month against currently lower output in Libya, while mindful of economic headwinds in...Temu’s Woes Are Fresh Signs of the Doom Loop Headed for China’s EconomyChinese e-commerce giant Temu is the latest warning sign that the world's second largest economy could be headed for a doom loop caused by overproduction...The Growing Popularity of Textured Yarn for KnittingTextured yarn is becoming increasingly popular in the knitting community, offering a fresh twist to traditional yarns. This trend reflects a shift in consumer preferences,...China's Weak Factory PMI Raises Pressure for Consumer StimulusChina's manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on...U.S. Home Prices Forecast to Rise Modestly as Fed Cuts Rates - Reuters PollU.S. home prices will rise relatively modestly this year and next despite tight supply and expected U.S. Federal Reserve interest rate cuts, according to housing...Oil Surges With Focus on US Economy and Libyan Supply OutageOil prices jumped on robust US economic data and worsening supply disruptions in Libya.Brent rose 1.6% to settle just below $80 a barrel after losing...Tech Weighs on Asian Markets After Nvidia ResultsA sell-off in tech firms dragged Asian markets down on Thursday (Aug 29) after investors were left disappointed by earnings from chip titan Nvidia that...Trends in Luxury Cotton Bed Sheets and Eco-Friendly Bedding ProductsThe bedding industry is experiencing a notable shift as consumer preferences evolve. Luxury cotton bed sheets are gaining popularity, reflecting a broader trend toward high-quality,...Banks Likely ‘End Game’ for Repo Market as Treasury Supply GrowsBanks will have a bigger footprint in the market for repurchase agreements as US Treasury coupon bond issuance swells and demand for financing grows in...Should You Buy Iphone 16 or Wait for iPhone 15 Price Drop?When CEO Tim Cook appears on stage at the fall Apple event rumored to be happening next month, all eyes will be on the new...Fed Most Likely to Cut Rates by Quarter Percentage Point Next Month, Daly SaysSan Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point...The Internet's Love for 'very Demure' Content Spotlights What a Viral Trend Can Mean for CreatorsIt's not just you. The word “demure” is being used to describe just about everything online these days. The term “demure” gained online popularity from...Dubai Tenants Choose to Renew Leases as Rents Rise for 14th Consecutive QuarterMore tenants in Dubai are renewing their residential leases as rents continue to rise, with a 14 per cent annual increase in the number of...Industrial Laundry Machines Market UpdateThe industrial laundry machines market is experiencing notable growth and innovation. As industries strive for greater efficiency and performance, advancements in laundry technology are becoming...Jerome Powell's New Priority is Protecting the US Labour MarketThe US Federal Reserve's battle against inflation is all but won. Its new task: protect the jobs market. Fed Chairman Jerome Powell made that transition...