Archive / november - 2024
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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...
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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...
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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...
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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...
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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...Intel CEO complains 'this is taking too long' after investing $30B but receiving zero CHIPS Act fundingPat Gelsinger has expressed frustration with how slow the U.S. CHIPS and Science Act is working. The Intel CEO was speaking in an interview with...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...