China Growth Beats Estimates, Adding Signs Economy Gained Traction With Stimulus:
bloomberg.com/news/articles/2024-03-18/china-s-growth-beats-estimates-as-production-investment-rev-up
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| Last Updated | Mar 18 |
| Total Articles | 6 |
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks
ft.com/content/26756186-99e5-448f-a451-f5e307b13723
Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...
reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/
Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...
cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
Amazon to invest $11 billion in Indiana to build data centers: Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers ...
reuters.com/technology/amazon-invest-11-billion-indiana-build-data-centers-2024-04-25/
Russia Oil Refining Curbed as Maintenance Follows Drone Strikes: Russia’s oil-processing rates remain under pressure as refineries, which have barely recovered ...
bloomberg.com/news/articles/2024-04-26/russia-oil-refining-curbed-as-maintenance-follows-drone-strikes
Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...
bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales
Paid articlePaid Supply Chain Latest: Chinese Exporters Brush Off Trump Tariff Threats: Chinese producers and their partners abroad don’t sound too worried about Donald Trump’s ...
bloomberg.com/news/newsletters/2024-04-24/supply-chain-latest-chinese-exporters-brush-off-trump-tariff-threats
Activist Elliott Said to Build $1 Billion Anglo American Stake: Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc ...
bloomberg.com/news/articles/2024-04-26/activist-elliott-said-to-build-1-billion-anglo-american-stake
Paid articlePaidQuick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
BINC's Interest-Rate Exposure; WZRD and CHAI to Shut Down: WZRD and CHAI announce fund closures
bloomberg.com/news/newsletters/2024-04-26/binc-s-interest-rate-exposure-wzrd-and-chai-to-shut-down
Russia Holds Rates With Little Inflation Relief in Sight: Russia kept interest rates unchanged on Friday, as inflation risks from a persistently tight labor ...
bloomberg.com/news/articles/2024-04-26/russia-extends-rate-pause-with-little-inflation-relief-in-sight
Apollo, KKR and Stonepeak may fund Intel's Ireland facility, Bloomberg reports: Apollo Global Management , KKR & Co and Stonepeak may invest billions of dollars ...
reuters.com/technology/apollo-kkr-stonepeak-invest-jv-fund-intels-ireland-facility-bloomberg-reports-2024-04-26/
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
reuters.com/technology/apple-renews-talks-with-openai-iphone-generative-ai-features-bloomberg-news-2024-04-26/
Nomura profits surge as Japan’s stock market breaks bubble-era record: Investment bank and brokerage boosted by soaring stock and fixed-income trading
ft.com/content/1b2ec092-ed94-4624-9c8f-3a80e76b894a
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
Paid articlePaid Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
Paid articlePaid Peso Fall Won’t Spur Philippine Rate Hike Yet, Finance Head Says: The Philippine peso’s current slump is unlikely to prompt the central bank to raise its key ...
bloomberg.com/news/articles/2024-04-25/peso-fall-won-t-spur-philippine-rate-hike-yet-finance-head-says
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Treasurer Jim Chalmers wants stronger foreign investment rules. What does that mean?
smh.com.au/national/treasurer-jim-chalmers-wants-stronger-foreign-investment-rules-what-does-that-mean-20240425-p5fmge.html
US Aid to Israel Support Drops as Outrage Over War, Gaza Grows: Support among swing-state voters for US aid to Israel has plunged in the months since the country ...
bloomberg.com/news/articles/2024-04-25/us-aid-to-israel-support-drops-as-outrage-over-war-gaza-grows
Paid articlePaid NFL Draft in Detroit Is Part of Football's Year-Round Bid for Attention: Detroit is ready for the first pick. Plus: Abu Dhabi-based startup G42 had to pick ...
bloomberg.com/news/newsletters/2024-04-25/nfl-draft-in-detroit-is-part-of-football-s-year-round-bid-for-attention
Quick Glance: Chicago Bears 2024 Draft Selections by Rounds Overview
- In the first round, Chicago selected Caleb Williams, QB, USC as the No. 1 overall pick from the Panthers. Williams is viewed as a potential savior for the team, possessing elite arm talent and mobility to make difficult throws.
- With the ninth pick in the first round, Chicago picked Rome Odunze, WR, Washington. Odunze, an All-American last year, is seen as a future co-WR1 with Moore.
- The Chicago Bears also had selections in the third round.
- They also had a pick in the fourth round, which came from the Eagles.
Biden announces preliminary deal with Micron for up to $6.14 bln in chip grants: U.S. President Joe Biden traveled to Syracuse, New York, on Thursday and ...
reuters.com/technology/biden-announce-preliminary-deal-with-micron-up-614-bln-chip-grants-2024-04-25/
Billionaire tax to bolster Social Security popular in swing states: Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social ...
thehill.com/homenews/4619020-billionaire-tax-to-bolster-social-security-popular-in-swing-states/
Power of cork key to climate change fight, scientists say: "It’s a product that answers all the challenges we have as a society."
abcnews.go.com/International/power-cork-key-climate-change-fight-scientists/story
Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?
electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/
Ford's Transit Trail Recall Fix for Tire Rub Is Just Installing Smaller Ones
thedrive.com/news/fords-transit-trail-recall-fix-for-tire-rub-is-just-installing-smaller-ones
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
Celebrate National Pretzel Day: Auntie Anne's, Wetzel's Pretzels among places to get deals
usatoday.com/story/money/food/2024/04/25/national-pretzel-day-2024/73398995007/
Johnson Tiles factory set to close with 105 job losses: Johnson Tiles in Tunstall will instead become a standalone business with all production outsourced
stokesentinel.co.uk/news/stoke-on-trent-news/johnson-tiles-factory-set-close-9247043
Firefighter, forester, trail builder: The first US Climate Corps jobs are here: Restoring coastal ecosystems with oysters in Florida, protecting forests from ...
mercurynews.com/2024/04/23/firefighter-forester-trail-builder-the-first-us-climate-corps-jobs-are-here/
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina: The United Automobile Workers reached an agreement involving workers who make ...
nytimes.com/2024/04/26/business/daimler-truck-uaw-strike.html
Selayang council goes full swing against illegal structures: Selayang Municipal Council (MPS) is cracking down on property and business owners who have carried ...
thestar.com.my/metro/metro-news/2024/04/27/selayang-council-goes-full-swing-against-illegal-structures
M. Marquez' 2025 wishlist: Of course, I would like a factory bike: The Gresini rider claims contact has been made behind the scenes as both he and teams begin to ...
motogp.com/en/videos/2024/04/25/m-marquez-2025-wishlist-of-course-i-would-like-a-factory-bike/496104
Acosta shines as factory KTMs face down dreaded Q1: The #31 is the sole RC-16 into Q2 and though his senior counterparts rue costly crashes ...
motogp.com/en/videos/2024/04/26/acosta-shines-as-factory-ktms-face-down-dreaded-q1/496238
API production falls short: While Bangladesh's pharmaceutical sector has exceeded expectations and surpassed many comparator countries ...
thedailystar.net/business/economy/news/api-production-falls-short-3596246
Future of Blackpool rock threatened by cheap Chinese imports: Now manufacturers want Blackpool rock protected
stokesentinel.co.uk/news/uk-world-news/future-blackpool-rock-threatened-cheap-9248982
Boeing buys GKN factory in Hazelwood, saving 550 jobs: Boeing’s deal for GKN Aerospace’s Hazelwood plant comes at a crucial moment for the defense contractor and ...
stltoday.com/news/local/business/boeing-buys-gkn-factory-in-hazelwood-saving-550-jobs/article_536ed6de-01b4-11ef-af1b-ffbd0896f85c.html
Honda Will Establish $11 Billion Worth of EV Value Chain in Canada: Honda announced plans to invest $11 billion in Ontario, Canada, to establish a comprehensive ...
techtimes.com/articles/304031/20240426/honda-establish-11-billion-worth-ev-value-chain-canada.htm
Huawei and partners reportedly plan to produce high bandwidth memory by 2026: Getting their hands on AI memory one Huawei or another...
theregister.com/2024/04/26/huawei_and_partners_plan_hbm/
'You'd get a three-course meal for £2' - You remember working at Johnson Tiles: Johnson Tiles is set to shut its Stoke-on-Trent factory this summer
stokesentinel.co.uk/news/stoke-on-trent-news/youd-three-course-meal-2-9248412
Plans to convert factory infested with pigeons next to Thames into 359 homes: The scheme would see a factory dating back to the early 20th century being ...
mylondon.news/news/south-london-news/plans-convert-grade-ii-listed-29067282
Visitors can take a firsthand look at how Winnebago RVs are built in Forest City: Winnebago Industries will once again be offering visitors a chance to tour its ...
desmoinesregister.com/story/money/business/2024/04/26/winnebago-invites-visitors-for-factory-tours-in-forest-city/73452096007/
Burslem cannabis factory rumbled after police called to 'break-in': Staffordshire Police found 60 plants at the scene
stokesentinel.co.uk/news/stoke-on-trent-news/burslem-cannabis-factory-rumbled-after-9249224
How to get free pretzels for National Pretzel Day at Auntie Anne’s, Philly Pretzel Factory
pennlive.com/life/2024/04/how-to-get-free-pretzels-for-national-pretzel-day-at-auntie-annes-philly-pretzel-factory.html
Controversial 100-home plan for factory site set for approval: Long-running concerns over traffic safety have been raised over the Standard Hill scheme
leicestermercury.co.uk/news/local-news/controversial-100-home-plan-ice-9243534
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
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Levi's to Work With 'Union-Busting' Turkish Factory on 'Conditional Basis': Months after hundreds of Özak Tekstil workers were fired after fighting for union ...
sourcingjournal.com/denim/denim-brands/turkey-levi-strauss-ozak-tekstil-union-garment-workers-507220/
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Gresini's Marc Marquez eyes factory bike in 2025: Six-time MotoGP champion Marc Marquez wants to return to racing on a factory bike in 2025 after switching ...
timeslive.co.za/motoring/motorsport/2024-04-26-gresinis-marc-marquez-eyes-factory-bike-in-2025/
Tough times for factories as consumers cut back: Factories are on the ropes between adjustment and recession in Argentina. Representatives of small- and ...
batimes.com.ar/news/economy/industries-on-the-ropes-between-adjustment-and-recession-in-argentina.phtml
Big tires and banana saddles: special bicycles from Regensburg: The Regensburg company Ruff Cycles produces Pedelecs with a retro look. The company is now ...
mittelbayerische.de/lokales/stadt-regensburg/dicke-reifen-und-bananensattel-besondere-fahrraeder-aus-regensburg-15922686
How the collapse of Matches has sent the fashion world into frenzied chaos: London’s glittering fashion ecosystem has been left reeling after the recent demise ...
standard.co.uk/lifestyle/fashion/matches-fashion-luxury-shopping-collapse-insiders-frenzy-turmoil-b1153790.html
McCain completes £170m investment in Scarborough site: McCain Foods has completed extensive works at its Scarborough site, home of McCain GB ...
thescarboroughnews.co.uk/business/mccain-completes-ps170m-investment-in-scarborough-site-4606096
2000 Lotus Elise S1 160 for sale by auction: Check out this 2000 Lotus Elise S1 160 auction on PistonHeads. Stop dreaming and start driving.
pistonheads.com/buy/auction/16578977
First Vorarlberg straw hat factory in Egg: ...
vn.at/vorarlberg/2024/04/26/erste-vorarlberger-strohhutfarbik-in-egg.vn
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Take a look inside this former shoe factory in Northampton which has REOPENED as 89 stylish apartments
northamptonchron.co.uk/business/take-a-look-inside-this-former-shoe-factory-in-northampton-which-has-reopened-as-89-stylish-apartments-4605486
Farmers earn Sh1b from coffee: n the sale the farmers earned better returns as compared to the past
standardmedia.co.ke/farmkenya/market/article/2001493870/farmers-earn-sh1b-from-coffee
Allstate will insure California homes again, under one condition: Allstate Corp. will end its years-long pause on underwriting in California as soon as the state ...
mercurynews.com/2024/04/25/allstate-will-insure-california-homes-again-under-one-condition/
Heatwave leaves no impact on RMG production: So far, any loss of productivity or major casualty has been averted while no incident related to the thin presence ...
thedailystar.net/business/economy/news/heatwave-leaves-no-impact-rmg-production-3595431
2024 Toyota Tacoma TRD Pro First Drive: One Hell of a Truck for … How Much?: The new Tacoma TRD Pro is an awesome factory-built off-road truck ...
motortrend.com/reviews/2024-toyota-tacoma-trd-pro-first-drive-review/
Viñales talks MotoGP™ future and M. Marquez to Aprilia possibility: Top Gun feels links with the eight-time Champion prove the Noale factory are on the right ...
motogp.com/en/videos/2024/04/25/vinales-talks-motogp-future-and-m-marquez-to-aprilia-possibility/496088
Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg reports
reuters.com/markets/deals/axiata-sinar-mas-closer-35-bln-telco-merger-indonesia-bloomberg-says-2024-04-25/
Stuff We Use: Smoked Side Markers: On our never-ending quest to improve this place by listening to feedback from the B&B, we are taking a new tack with these ...
thetruthaboutcars.com/cars/product-reviews/stuff-we-use-smoked-side-markers-44506567
Factory that makes thousands of tons of cheese hit with complaints: Dairy Partners makes a mozzarella product to export all over the world in west Wales
walesonline.co.uk/news/wales-news/noisy-smelly-factory-makes-thousands-29060177
Unanimously for Liebherr factory as an extension of the Berg industrial area: The Ehingen local council is unanimously in favor of expanding the industrial area ...
swp.de/lokales/ehingen/industriegebiet-berg-erweitert-gruenes-licht-fuer-liebherr-fabrik-warum-am-ende-alle-zugestimmt-haben-73659257.html
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Climate change, stifled mergers and other challenges facing banks and investors: Institutions and their investors are facing pressure from climate activists ...
americanbanker.com/news/climate-change-stifled-mergers-and-other-challenges-facing-banks-and-investors
Time to vote: Who has the best donuts in South Florida?: We received several hundred nominations for favorite donut shops throughout Palm Beach ...
sun-sentinel.com/2024/04/23/time-to-vote-who-has-the-best-donuts-in-south-florida/
India Elections: Mangaluru to Test Development Versus Hindutva Split: Each day, Bloomberg journalists take you across a selection of towns and cities as they ...
bloomberg.com/news/articles/2024-04-25/mangaluru-to-test-development-versus-hindutva-split-india-votes
Western Iowa Tech settles one of two labor trafficking lawsuits for $3 million: Two lawsuits claimed Western Iowa Tech exploited South American students ...
desmoinesregister.com/story/news/crime-and-courts/2024/04/25/western-iowa-tech-labor-trafficking-lawsuit-3m-settlement-chilean-students/73452484007/
Years of layoffs and closures were always personal. Reshoring is a start in the other direction.
jsonline.com/story/news/2024/04/24/reporting-on-job-losses-was-grim-reshoring-feels-like-a-fresh-start/73300094007/
Yadea factory tour: The surprises I found at the world’s largest electric vehicle maker
electrek.co/2024/04/25/yadea-factory-tour-the-surprises-i-found-at-the-worlds-largest-electric-vehicle-maker/
Fiskars Group plans restructure, redundancies: Talks with staff representatives could lead to a maximum of about 37 redundancies in Finland, and about 155 abroad ...
yle.fi/a/74-20085717
Agrodorf: How the liquid egg factory struggled with problems and delays: Production has started at Agrodorf GmbH in Imserbühl almost two years late ...
rheinpfalz.de/lokal/pirmasens_artikel,-agrodorf-wie-die-fl%C3%BCssigei-fabrik-mit-problemen-und-verz%C3%B6gerungen-zu-k%C3%A4mpfen-hatte-_arid,5640493.html
The New Toyota Land Cruiser's JDM Aftermarket Parts Support Looks Awesome: JAOS, Modellista, and Toy-Factory get their mitts on the JDM Land Cruiser 250 ...
motortrend.com/news/2024-toyota-land-cruiser-250-japan-aftermarket-off-road-parts-mods/
Superfood protein pulled out of thin air massively scales up production: It's super-sustainable, easily made and nutrient-dense. And it puts all other food ...
newatlas.com/environment/solein-protein-sustainable/
Surveying the World's Transition From Fossil Fuels to Clean Energy: Energy executives warn that it will be a long and costly journey, while activists and ...
bloomberg.com/news/articles/2024-04-26/surveying-the-world-s-transition-from-fossil-fuels-to-clean-energy
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