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Elon Musk’s Diplomacy: Woo Right-Wing World Leaders. Then Benefit.
Mr. Musk has built a constellation of like-minded heads of state — including Argentina’s Javier Milei and India’s Narendra Modi — to push his own politics and expand his business empire.
Read moreHoney, I Love You. Didn’t You See My Slack About It?
Some couples are using professional project-management software to maintain their relationships. Why does it bother other people?
Read moreWhy Al Jazeera is the Go To News Source for Student Protesters
Students active in campus protests value Al Jazeera’s on-the-ground coverage and its perspective on the Israel-Hamas war. They draw distinctions between it and major American outlets.
Read moreMcDonald’s Is Bigger Than Ever: How ‘Super Size Me’ Lost the Culture War
“Super Size Me” helped lead a backlash against McDonald’s. Twenty years on, the industry is bigger than ever.
Read moreShein suppliers still work 75-hour weeks - report
A Swiss pressure group says some staff at Shein suppliers are still working excessive overtime.
Read moreThe Controversy Over K-pop Band NewJeans
The firm Hybe has lost hundreds of millions of dollars in market value because of a feud with the creative force behind the band NewJeans.
Read moreMary Wells Lawrence, High-Profile Advertising Pioneer, Dies at 95
She was the first woman to own and run a major national advertising agency. Her company, Wells Rich Greene, was best known for the “I ♥ NY” campaign.
Read moreIs social media worth paying for?
As Twitter and Facebook both now offer paid subscription, what impact is it having?
Read moreAll the Rage in Private Equity: Mortgaging the Fund
A little-known financial tool was the talk of the Milken Institute’s Global Conference.
Read more'I'm stuck in my flat due to £4k service charge'
Kasun Kalirai would not have put his flat on the market had it not been for rocketing service charges.
Read moreNHL's Coyotes CEO, other Latino executives launch platform to promote Hispanics in sports
A group of Latino executives are starting an organization to promote Hispanic advancement within the sports industry.
Read moreRivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.
Read moreTrump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows
A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on a Chicago skyscraper.
Read moreNorthern Lights Set to Return Tonight as Extreme Solar Storm Continues
Electrical utilities said they weathered earlier conditions as persistent geomagnetic storms were expected to cause another light show in evening skies.
Read moreFarewell, Chuck E. Cheese Animatronic Band
A mainstay of the pizza and arcade chain, by turns endearing and creepy, will be phased out by year’s end at all but two locations. We visited one of them.
Read moreThe ‘Betches’ Got Rich. So What’s Next?
The women’s media company, which started as a raunchy college blog, is a rare financial success story — and on the White House’s radar. Now, it’s wrestling with how to grow up alongside its readers.
Read moreU.S. to Announce New Tariffs on Chinese Electric Vehicles
The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.
Read moreSweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.
Read moreThe Annoying, Go-Getting Colleague: Beat Her or Emulate Her?
When corporate jousting, don’t choose jealousy.
Read moreCan You Make Your Investment Portfolio Reflect Your Values?
Forget about endowments and their holdings and divestment for a minute. What do you stand for, and how can you make your portfolio reflect that?
Read moreCold war 2.0 would exact a much higher economic price
It is starting to look as if the changes in global economic ties will lead not to a hot war but a new ice age where US- and China-aligned blocs coexist in an environment of slow growth and tension
Read moreFrom CATL’s ultra-fast battery to Zeekr’s ‘living room’ on wheels, Auto China show offers a glimpse of the future of electric vehicles
The era of battery-powered cars has truly arrived, as EVs dominated the car show. While carmakers still displayed a lot of futuristic concepts, it was the ongoing price war that had people talking.
Read moreChina inflation: raising costs of public services a ‘necessary step’ to offset property, debt pressures
Property slump and rising debt piles provide debt-ridden local governments the opportunity to increase the cost of services such as rail fares and utilities.
Read moreJudge Blocks New U.S. Rule Limiting Credit Card Late Fees
Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.
Read moreTarget Scales Back Pride Month Displays After Last Year’s Backlash
It said Pride merchandise would be available on its website and in select stores next month. In 2023, the retailer featured the goods widely.
Read moreWhy Cocoa and Chocolate Prices are Rising
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts.
Read moreIlon Specht, Who Empowered Women With ‘I’m Worth It’ Ad, Dies at 81
She came up with the feminist campaign, for a hair color product, when challenging the notions of men at her ad agency.
Read moreGoldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows
It can be challenging to juggle raising a family while working full time. Just Capital's research points to five leading companies where it might be possible.
Read moreJim Simons, Math Genius Who Conquered Wall Street, Dies at 86
Using advanced computers, he went from M.I.T. professor to multibillionaire. His Medallion fund had 66 percent average annual returns for decades.
Read moreMolly Baz’s Lactation Cookie Ad Banned From Times Square
Clear Channel, which manages many of the advertisements in the area, said a provocative billboard for a Molly Baz recipe was “flagged for review.”
Read moreBillions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.
Read moreHow crops are being disaster-proofed
Scientists are creating hardier crops by cross-breeding wild varities and tweaking crop genes.
Read more'I got married on a Thursday and saved £3,000'
More couples are choosing to get married on a weekday in order to save money.
Read moreApple Will Revamp Siri to Catch Up to Its Chatbot Competitors
Apple plans to announce that it will bring generative A.I. to iPhones after the company’s most significant reorganization in a decade.
Read moreDelays warning as M25 stretch closes for the weekend
Drivers are urged to avoid junctions 9-10 of motorway in Surrey which closed at 21:00 BST on Friday.
Read moreMcDonald’s is working to introduce a $5 value meal
The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands.
Read moreBiden Administration to Pay Dairy Farmers for Bird Flu Protective Measures
The payment system amounted to one of the most forceful actions taken so far by agriculture officials who have raced to keep up with the spread of the virus among dairy cows.
Read moreSweetgreen shares soar 34% after company beats revenue expectations
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.
Read moreFat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.
Read moreNovavax shares nearly double on Sanofi deal to commercialize Covid vaccine, develop combination shots
The deal will allow Novavax to lift its "going concern" warning, which it first issued in 2023 due to having "substantial doubt" about its ability to survive.
Read moreAssumable Mortgages Are Making a Comeback in a High-Rate Market
Assumable mortgages — or low-rate mortgages that home buyers can take over from home sellers — are making a comeback. The process can be challenging.
Read morePost Office boss denies ‘covering tracks’
Rod Ismay denies deleting emails about a 'back door' in Horizon
Read moreUK Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
Read moreBiden Looks to Raise Taxes on Wealthy and Corporations to Shave Deficit
Lael Brainard, the director of the National Economic Council, said lawmakers should raise taxes on companies and the wealthiest while extending the 2017 cuts for those making less than $400,000.
Read moreSunak says it'll take time for people to feel better
The prime minister says "there is more work to do" as the UK emerges from recession.
Read moreCalifornia Will Add a Fixed Charge to Electric Bills and Reduce Rates
Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency.
Read moreFord names ex-Lucid Motors exec as next CFO, promotes current chief
Ford named the former CFO of electric-vehicle startup Lucid to replace its current CFO, who is being promoted to closely oversee the company's turnaround plan.
Read moreWho gets 15 hours of free childcare and how do I apply?
Parents in England can now access 15 hours of free weekly childcare for their two-year-olds.
Read moreSenate Passes Bill to Reauthorize FAA and Improve Air Travel
The Senate also passed a short-term extension of the current F.A.A. law to give the House time to clear the longer-term package early next week.
Read moreFilm Academy Looks Overseas for Donors
The Academy of Motion Picture Arts and Sciences has announced a global $500 million campaign to shore up its financial future.
Read moreFitness startup that Peloton once tried to buy is growing as workout trends shift
Connected rowing company Hydrow is growing and Peloton is shrinking as fitness buffs move away from cardio in favor of weights.
Read moreChina scouts Hungary to power EV battery production and sell to wider, warier EU
As China looks to tap Europe’s vast market for lithium batteries, Hungary has become an attractive destination for production to make logistics simpler – and bypass EU trade investigations.
Read moreWhy Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.
Read morePromoters of Mike Tyson-Jake Paul Netflix fight offer $2 million VIP package
The boxing fight between Mike Tyson and Jake Paul is already sparking high ticket prices and significant bettor interest.
Read moreA Pause for the Public Service Loan Forgiveness Program
The Education Department has temporarily stopped processing applications and other forms as it updates its systems and deals with problems plaguing the program.
Read moreGrowth Stocks. Value Stocks. What Do Those Labels Mean?
Using index funds to make bets on these key categories is hazardous, our columnist says.
Read moreA German Initiative to Keep Workers Employed by Retraining Them
As the industrial landscape in Germany shifts, companies have formed an alliance aimed at offering the skills and certification that workers need to find new jobs.
Read moreChina urged to support key middle class, fix social problems to ‘supersize’ domestic market
Policy adviser Liu Yuanchun says expanding weak domestic demand remains the ‘key measure’ for China, with reforms needed to empower rural population as Beijing eyes sustainable economic growth.
Read moreAn art market full of cracks is about to face a $1 billion test
While the spring sales typically have more than a dozen works offered for more than $30 million each, this year there are just a few.
Read moreLidl raises pay to match Aldi in battle for staff
The German discounters will give their workers higher wages than British competitors.
Read moreModerna says FDA delayed RSV vaccine approval to end of May
The FDA has not informed Moderna of any issues related to the vaccine's safety, efficacy or quality that would prevent its approval, the biotech company said.
Read moreUK exits recession with fastest growth in two years
The economy grew by a stronger than expected 0.6% in the first three months of the year.
Read moreFaisal Islam: Economy is getting better but people may not notice
Growth was stronger than expected, but millions of households are yet to feel the benefit.
Read moreHow Airlines Are Using AI to Make Flying Easier
Airlines are using artificial intelligence to save fuel, keep customers informed and hold connecting flights for delayed passengers. Here’s what to expect.
Read moreBank 'optimistic' as it edges closer to summer cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.
Read moreContain China? Washington, that ship has sailed
Unlike the Soviet Union in the 1980s, China has a highly diversified economy and capable defences making it unlikely to collapse or be contained. Despite what some pundits in Washington may believe, much of the world would not readily join the US in a war or containment strategy against China
Read moreArgentines strike against spending cuts
Schools, banks and many shops close across the country, with train and metro services suspended.
Read moreBank of England Holds Interest Rates at 5.25%, but Signals Cuts
A cut in interest rates could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.
Read moreRat remains found in bread sparks Japan recall and refunds
Pasco has recalled 104,000 packs of sliced bread after rat remains were found in its products.
Read moreHSBC, Standard Chartered press Sunak to ease proposed clampdown on China business
Banks like HSBC and Standard Chartered are urging the British government to amend a proposed legislation that aims to impose restrictions on doing business in China.
Read moreIn China, business sentiment plunges to ‘all-time low’, EU Chamber of Commerce finds
European firms have been revising expectations for the Chinese market while planning for a projected economic slowdown, further adding to China’s challenges and ‘setting a negative cycle in motion’.
Read moreApple apologises after piano crushing ad backlash
The technology giant apologised after Hugh Grant and others criticised the "tone deaf" iPad advert.
Read moreThe post-Brexit hard sell for British food in Asia
The UK still lags far behind its main European counterparts, both in terms of sales and reputation.
Read moreWhy Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.
Read moreChinese scholars suggest official line between entrepreneurs, capitalists to jolt private-sector spirit
With the government pulling out the stops to show support to the private sector, some scholars have called for an official delineation between entrepreneurs and ‘capitalists’ to demonstrate ideological sincerity.
Read moreBoeing Locks Out Firefighters in Contract Dispute, and Biden Weighs In
The aircraft manufacturer and a union representing 125 firefighters are at odds over pay at the company’s plants in the Seattle area.
Read moreTrain strikes: What routes are affected when?
Train drivers have been staging strikes, coinciding with a six-day overtime ban.
Read moreShareholders push casinos to reassess indoor smoking
Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking.
Read moreBoeing whistleblower says plane bodies had defects
A former quality inspector for Spirit AeroSystems claims he found many defects on parts due for shipping.
Read morePlanet Fitness is raising prices even as it warns customers are growing cost-conscious
Starting this summer, classic card membership will be priced at $15 per month for new members, up from $10 per month.
Read moreWarner Bros. Discovery misses first-quarter estimates despite streaming growth
Warner Bros. Discovery reported first-quarter earnings before the bell Thursday.
Read moreFree wine hidden in small print claimed after three months
The offer was included on the tax website as an "experiment" to see if anyone would read the terms.
Read moreActivist Ancora Wins Three Norfolk Southern Board Seats but Will Not Oust CEO
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
Read morePost Office 'misled and deceived me' says key lawyer
Simon Clarke tells inquiry when he realised expert knew of IT bugs and how he helped halt Horizon prosecutions.
Read moreFinancier Found Guilty in Trump Media Insider Trading Trial
Bruce Garelick was convicted of securities fraud for leaking confidential information about a merger involving the parent company of Truth Social, Donald Trump’s social media site.
Read moreSinclair explores selling roughly 30% of its broadcast stations, sources say
Sinclair is looking to sell a chunk of its 185 broadcast stations, according to people familiar with the matter.
Read moreRecord levels of shoplifting show signs of falling
Shoplifting fell slightly last year according to official figures but remains high.
Read moreCFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.
Read moreOrganized retail theft ring that targeted Macy's, other retailers is charged in New York
Two New Yorkers were charged with possessing and reselling more than $1 million in stolen goods through their business in Midtown Manhattan.
Read moreBank of England boss weighs in on UK economy row
Andrew Bailey told the BBC the recession was "mild" as figures on the economy are released Friday.
Read moreChina trade: 5 takeaways from April as exports show ‘green shoots’ of recovery, but domestic demand key
China’s exports returned to positive growth in April amid a recovery of global demand, but analysts said the focus should still be on sustaining momentum in domestic demand.
Read moreWith Animal Well, the YouTuber Dunkey Goes From Critic to Salesman
After a decade of humorously reviewing games, the man known as Dunkey began a publishing company to support indie projects, starting with the mazelike Animal Well.
Read moreMeet My A.I. Friends
Our columnist spent the past month hanging out with 18 A.I. companions. They critiqued his clothes, chatted among themselves and hinted at a very different future.
Read moreMcDonald's is betting on its mobile business with new franchisee digital marketing fund
McDonald's has previously said it wants to reach 100 million loyalty program members by 2027.
Read moreGM to Retire the Chevy Malibu to Make More EVs
The gasoline-powered Malibu was the last sedan sold by Chevrolet, the General Motors brand, in the United States.
Read moreShanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing
New Zealand High Court held Yan bankrupt in connection with more than NZ$60.9 million (US$36.6 million) he owes construction company Mainzeal’s creditors.
Read moreGM can regain market share in China after hitting 20-year low, executive says
GM's market share in China has plummeted from roughly 15% as recently as 2015 to 8.6% last year — the first time it has dropped below 9% since 2003.
Read moreChina’s local governments swap debt for data as pressure builds to relieve burdens
Local governments in China are exploring the use of data as an asset to help reduce their heavy debt burdens, but this has prompted concerns over efficacy and legality.
Read moreWould Paramount Bidders Break It Up?
If Sony and Apollo Global win the fight to buy the media company, they plan to keep the studio business and sell everything else.
Read moreChinese EV maker Xpeng eyes Australia’s right-hand-drive market, forms partnership with local car distributor TrueEV
Guangzhou-based carmaker also aims to sell right-hand-drive models in Hong Kong, Thailand, Singapore and Malaysia, as an escalating price war in mainland China squeezes profit margins.
Read moreDisney, Warner Bros. Discovery to bundle streaming services
Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney+, Hulu and Max.
Read moreOnline used car retailer Cazoo close to collapse
Troubled online used car retailer Cazoo is close to entering administration, putting about 1,000 jobs at risk.
Read moreMilan Cracks Down on Nightlife After Campaign to Lure Visitors
City officials worked to make Milan attractive to visitors, but now that some neighborhoods are overwhelmed by rowdy crowds and noise, they’re trying to scale back.
Read moreWhy China’s diversified economy garners both praise and criticism
China has achieved economic success not just through repurposing Western technology but by rapidly upgrading and adapting it. Top-down management coexists with local autonomy and bottom-up innovation in the Chinese industrial ecosystem.
Read more'Keep your phone on 24 hours a day': Chinese PR boss apologises after backlash
Baidu's Qu Jing tells workers she does not care for them because, 'I am not your mum'.
Read moreDisney and Warner to bundle streaming services
The media giants are under pressure to attract more subscribers to their streaming services.
Read moreChina trade: ‘resilient’ April exports boosted by global recovery, but domestic demand still ‘key driver’ for growth
China’s exports and imports returned to growth in April, but analysts said that domestic demand will still be the key driver for economic growth this year.
Read moreChina’s central bank treasury-bond trade restart ‘now certain’ as discussions deepen between monetary, fiscal agencies
State media article on Wednesday says it is ‘certain’ that China’s central bank will participate in treasury bond trading amid better coordination with the finance ministry.
Read moreSony and Apollo’s Plan for Paramount: Break It Up
CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.
Read moreApple’s New iPad Ad Leaves Its Creative Audience Feeling … Flat
An ad meant to show how the updated device can do many things has become a metaphor for a community’s fears of the technology industry.
Read moreWill AI dream up the hit TV shows of the future?
Television production firms admit they are already using AI to come up with new programme ideas.
Read moreDisney, Hulu and Max Streaming Bundle Will Soon Become Available
The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.
Read moreApplebee's owner Dine Brands wants to steal fast-food customers with its deals
Low-income consumers visited less frequently and spent more carefully when they did eat out in the first quarter, Dine Brands CEO John Peyton said.
Read moreUber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
Read moreFTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.
Read moreAstraZeneca Withdraws Covid Vaccine Worldwide, Citing Low Demand
The shot is no longer being manufactured or supplied, and it is no longer authorized for use in Europe.
Read moreBiden Looks to Thwart Surge of Chinese Imports
The president has proposed new barriers to Chinese electric vehicles, steel and other goods in an attempt to protect his manufacturing agenda.
Read moreEU moves to give profits from Russian assets to Ukraine
EU ambassadors have agreed in principle to use the profits from frozen Russian assets to help Ukraine.
Read moreTrial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’
The hedge fund is accused of borrowing money from banks to buy stocks.
Read moreChina’s banks pore over Russia transactions, causing delays and unsettling exporters
With China’s ties to Russia under stronger scrutiny from the West, banks are keeping a closer eye on transactions with links to Moscow – and China’s exporters are concerned their bottom line will suffer.
Read moreNorfolk Southern Faces Activist Investor Challenge
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
Read moreSummer box office bust? This season's movie slate could put up the lowest haul in decades
This summer's box office, hampered by dual Hollywood labor strikes, could have the lowest movie ticket haul since 2000.
Read moreTesla seeks robotaxi licence in China to test its self-driving software following Elon Musk visit to Beijing: report
Expected granting of a licence follows CEO Elon Musk’s discussion with top Chinese officials last month, state-run newspaper China Daily reported.
Read moreE-gate outage lessons 'must be learnt'
The airport technology failure means the government has to "learn lessons", Lord Foster of Bath says.
Read moreTikTok’s Future in U.S. Depends on Bet on First Amendment
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.
Read moreHow China’s ‘old friend’ diplomacy will shape its economic future
Faced with political isolation, economic decoupling and tech barriers, China is determined to woo US tech giants and businesses, undeterred in its quest to become a global hi-tech hub.
Read moreNew York Times Adds 210,000 Digital Subscribers in Quarter
Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier.
Read moreHong Kong Court Bans ‘Glory to Hong Kong,’ a Pro-Democracy Song
The decision could give the government power to force Google and other tech companies to limit access to “Glory to Hong Kong,” an anthem of 2019 protests.
Read moreChina’s C919 aircraft to roll off the line faster as developer expands capacity, but reliance on engine imports risks ‘bottleneck’
A construction firm under C919 maker Comac announced plans to build a big new construction zone in Shanghai, with an assembly plant and parts warehouse, but then the online post was suddenly deleted.
Read moreChina’s overcapacity dilemma solvable with ‘painful’ industrial revamp, scholars say
Scholars have suggested a realignment of industries, with some pain in the short term, would go a long way towards resolving China’s overcapacity problem and adapting to trade restrictions in those sectors.
Read moreChina-West divide threatens ‘reversal’ for global economy, IMF official warns
A high-level official with the International Monetary Fund has said if divisions persist between China and the West, the damage that would be done to the global economy would be considerable.
Read moreOddity Tech says it's bucking the beauty slowdown Ulta warned about
Beauty stocks fell last month after Ulta CEO Dave Kimbell said beauty demand was cooling, but cosmetics upstart Oddity Tech said the industry is just changing.
Read morePrivate equity firms circle Peloton for potential buyout
Private equity firms have been circling Peloton for a potential buyout as it grapples with slowing sales and losses.
Read moreAmgen, newer rivals could threaten Novo Nordisk and Eli Lilly's weight loss drug dominance
Amgen, Viking Therapeutics, Altimmune, AstraZeneca, Boehringer Ingelheim and Zealand Pharma are progressing on their own treatments.
Read moreNew York tops the list of the 50 richest cities in the world
The U.S. is increasing its lead as the largest creator of millionaires and billionaires in the world.
Read moreDisney says streaming is nearly breakeven, but shares sink 10% on soft guidance
Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.
Read moreThe streaming future Disney promised is finally here as cable TV decays
Disney's second-quarter results showed an improving streaming business and a rapidly declining linear TV unit
Read moreChina-Russia trade: supercharged energy deals still deemed crucial as West presses Beijing on Ukraine
French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.
Read moreWhy Chinese green tech firms can be transformative for the Global South
As Chinese multinational firms expand their presence internationally, they can reshape global production networks towards the Global South and accelerate the transition to a green economy, helping build a more sustainable future for all.
Read moreChina property: Shenzhen, Wuhan are the latest cities to ease housing market restrictions to stir demand
Shenzhen and Wuhan have become the latest Chinese cities to ease home purchase restrictions to boost sales, as a growing number of major metropolises take steps to support the country’s slumping property sector.
Read moreChina’s belt and road, once a hotspot for European investment, is getting the cold shoulder
As geopolitical changes have made working with China more risky than before, European firms have backed away from infrastructure projects linked with the Belt and Road Initiative.
Read moreHow quantum physics could 'revolutionise everything'
From unhackable communication networks to powerful computers, quantum technology promises huge advances.
Read moreChina’s middle class is stressed. Can its growing mental health industry lend a helping hand?
Numerous stressors are causing China’s middle class to seek professional help, leading to rapid growth in the mental health industry – but will that be enough to soothe their nerves?
Read moreChina property: how much of the housing stockpile can the government digest?
The crisis in China’s property market is severe enough for the government to show willingness to tackle the backlog of uncompleted pre-sold projects. While this is cheering news for many, uncertainty over the timing, scale and source of the funding remains.
Read moreChina’s economic recovery maintains momentum, but risks remain: 4 takeaways from April’s manufacturing, services data
China’s manufacturing production activity expanded in April, but analysts pointed to supply-demand imbalances and lingering deflationary pressures, while services activities moderated last month.
Read moreChina sees Labour Day tourism surge, paving way for sector’s full-spectrum recovery
The Labour Day holiday saw a surge of tourism in China, setting records and providing a boost to consumption at a time when the country is looking to solidify its economic recovery.
Read moreCanton Fair: record overseas visitors fail to inspire bumper sales, but some Chinese exporters fare ‘much better’
A record 246,000 international visitors flocked to the spring session of the Canton Fair over the last three weeks in Guangzhou, but deals signed rose by only 10 per cent from the previous edition.
Read moreSaudi Arabia raises Asia-bound flagship crude oil prices for the third month in a row
The hike highlights Saudi Arabia’s efforts to keep the market tight amid fading war risk in the Middle East, which has helped drive oil prices in London lower.
Read moreForeigners spend 700% more on Alipay in China over Labour Day holiday as inbound tourism slowly recovers
Beijing has introduced measures aimed at boosting inbound tourism, including visa-free travel for a number of European and Southeast Asian countries.
Read moreChina’s central bank survey shows ‘precarious’ job market, low consumption demand still weighing on economy
More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more, in continued challenge for policymakers counting on domestic consumption to propel the economy.
Read moreChina’s services activity growth eases in April, but new business and export orders accelerate
China’s Caixin/S&P Global services purchasing managers’ index (PMI) remained in expansionary territory for the 16th straight month in April, but eased from March, data released on Monday showed.
Read moreChina’s EV makers, unfazed by US, European export curbs, will push overseas vehicle shipments to new heights, analysts say
China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric cars goes from strength to strength.
Read moreThe rise of Sweden's super rich
Why the Nordic nation, despite its reputation for social equality, has so many billionaires.
Read moreChina’s steel industry risks ‘falling off a cliff’ as overcapacity concerns point to end of an era
China’s steel production has increased, but a property market downturn and slowdown in infrastructure spending have seen prices plunge steeply, leading to overcapacity and trade tensions.
Read moreNo jobs, no hope: how India and China are grappling with youth crises
India’s unemployment time bomb disproportionately affects young people, with many seeking work in war zones and as illegal immigrants. In China, as automation quickly replaces human labour, frustrated youth struggle to find meaningful work or are stuck in toxic working environments.
Read moreChina wants sci-fi industry, led by megahit 3 Body Problem, to help tech make the jump to lightspeed
In the spotlight due to the Netflix hit 3 Body Problem, China’s sci-fi industry saw revenues grow by 29 per cent year on year to 13.29 billion yuan (US$15.6 billion) in 2023.
Read moreAs Australian wine returns to China, how will industry cope when ‘good old days’ are gone and adversity remains?
After Beijing’s recent lifting of crippling wine tariffs that had been in effect since early in the pandemic, Chinese customers will need to be convinced to buy new stocks of Australian wine.
Read moreShould China’s once eastern backwater, Hefei, be an innovation poster child or a cautionary tale?
Hefei, the capital of the eastern Anhui province, has placed a heavy focus on innovation and emerging industries, including new energy vehicles, with officials from across China eager to copy the formula for success.
Read more'Garden floods show need to work with nature'
Insurance scheme urges gardeners to use planting to protect their homes from floods.
Read moreTaiwan, US enter ‘harder’ phase of trade talks as mainland China bristles
Trade talks between Taiwan and the United States for a phase-two deal have begun, with progress likely to be ‘harder’, analysts say, as more contentious topics fall under the microscope.
Read moreFor Labour Day break, Chinese tourists journey to Japan, visa-free destinations as South Korea’s appeal wanes
A cheaper Japanese yen is too appealing to pass up for many of China’s outbound holidaymakers, and tourism in South Korea is taking a hit.
Read moreHong Kong’s stock market rebound: dead cat bounce or durable recovery?
Technical factors, like the unwinding of the ‘Asia ex-China’ trade, seem to be driving Hong Kong’s stock rally, as opposed to underlying fundamentals. In the longer run, the narrative around China’s economy and markets has to brighten considerably if Hong Kong stocks are to continue their recovery.
Read moreHow the computer games industry is embracing AI
Developing computer games can be wildly expensive so some hope that AI can cut the cost.
Read moreChina wants ‘patient capital’ to fund its tech drive. Will slow and steady win the race?
In an official communique, China’s Politburo said ‘patient capital’ is expected to pitch in as the country moves towards a tech-driven growth model, showing a much-needed focus on the long term, analysts say.
Read moreHow progress, not just profit, drives China’s approach to industry
Rather than being out to undermine economies around the world, China’s economic policy is based on foresight, efficiency and commitment to scale. Decoupling would not only disrupt supply chains but increase the cost of the global energy transition amid our ongoing climate struggle.
Read moreIn Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention
Analysts say China’s central bank, with an eye on the yuan’s stability, could let it weaken gradually, but such a move ‘could backfire to some degree’.
Read moreChina property: new stimulus is on the way as Politburo pledges to cut housing inventory, say analysts
A new wave of property stimulus measures is brewing that should fuel a recovery in market sentiment across China as the country’s top decision-makers pledged to tackle housing inventories, according to analysts.
Read moreChina’s C919 passes ‘deep level’ post-flight safety tests, ramps up rivalry with embattled Boeing
A crew of more than 60 checked a China Eastern Airlines C919 during four days of tests in Shanghai.
Read moreTo call the likes of China and India ‘developing’ is, frankly, insulting
Given the prosperity and world-leading innovations of so-called emerging economies, from China and India to South Korea and Qatar, the ‘developing’ label is outmoded, outdated and patronising.
Read moreThe insect farmers turning to AI to help lower costs
Makers of insect-based animal feed hope to be able to compete with soybeans on price.
Read moreChinese women are teaming up with strangers to save money
They are finding new ways to cut back on household spending as China’s economy loses steam.
Read moreTatti Lashes: The school friends who built a beauty empire
Charlotte Tiplady and Elliot Barton explain how together they built up their Tatti Lashes beauty empire from Liverpool.
Read moreHow Chinese firms are using Mexico as a backdoor to the US
Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
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