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Globe launches prepaid fiber internet for 'mass market': Globe At Home said on Wednesday it has launched its affordable and flexible prepaid fiber product GFiber ...
news.abs-cbn.com/business/06/07/23/globe-launches-prepaid-fiber-internet-for-mass-market
Globe launches prepaid fiber internet for 'mass market'
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Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
Huawei sales are soaring in China as Apple sinks
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Black swan hedge fund says Fed rate cuts will signal market crash: While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund ...
reuters.com/markets/us/black-swan-hedge-fund-says-fed-rate-cuts-will-signal-market-crash-2024-04-22/
Black swan hedge fund says Fed rate cuts will signal market crash
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China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reut.rs/49Q1bZK
China's EV survival game creates peril - and power
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So far 6000 euros for the Ahrtal: The old boys from Fellingshausen keep collecting donations for the Ahr Valley and want to continue to provide help.
giessener-anzeiger.de/lokales/biebertal-ort848760/bisher-6000-euro-fuer-das-ahrtal-93025090.html
So far 6000 euros for the Ahrtal
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Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%
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iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
iPhone sales are plunging. Here’s why
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
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First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
First-time buyers face toughest test for 70 years, lenders say
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Tsukiji 2030s: A stadium, culinary center and transportation hub: Massive redevelopment plans for the former site of Japan's world-famous fish market aim to turn ...
japantimes.co.jp/business/2024/04/22/companies/tsukiji-market-redevelopment/
Tsukiji 2030s: A stadium, culinary center and transportation hub
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Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
reuters.com/technology/apple-loses-top-phonemaker-spot-samsung-iphone-shipments-drop-idc-says-2024-04-15/
Apple loses top phonemaker spot to Samsung as iPhone shipments drop ...
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US new home sales rebound to six-month high; rising mortgage rates a concern: Sales of new U.S. single-family homes rebounded in March from February's downwardly ...
reuters.com/markets/us/us-new-home-sales-rebound-march-2024-04-23/
US new home sales rebound to six-month high; rising mortgage rates a ...
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Cryptoverse: Hold for the halving: Could bitcoin's bumper rally just be getting started this year?
reuters.com/markets/currencies/cryptoverse-hold-halving-2024-04-16/
Cryptoverse: Hold for the halving
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
  • Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.

  • Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.

  • The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.

  • Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...
reuters.com/world/china/china-leaves-benchmark-lending-lprs-unchanged-line-with-expectations-2024-04-22/
China leaves benchmark lending rates unchanged, in line with expectations
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There is a lack of staff at Germany's weekly markets: Weekly markets are not only a place for regional produce, but also a meeting place ...
tagesschau.de/wirtschaft/arbeitsmarkt/wochenmaerkte-handel-personal-100.html
There is a lack of staff at Germany's weekly markets
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TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
reuters.com/technology/tsmc-set-report-5-rise-first-quarter-profit-strong-ai-chip-demand-2024-04-18/
TSMC's first quarter profit rises 9%, beats forecasts
Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
  • TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).

  • The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.

  • Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.

  • Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
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Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO: Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market ...
cnn.com/2024/04/23/investing/chabaidao-ipo-hong-kong-flop/
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
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China’s growing love of luxury watches remains strong, despite economic headwinds
cnn.com/2024/04/19/style/china-luxury-watches/
China’s growing love of luxury watches remains strong, despite economic ...
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US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
US weekly jobless claims remain at low level
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China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks
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Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition: Tesla has canceled the long-promised inexpensive car that investors have been ...
reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV ...
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
  • Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.

  • Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.

  • Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.

  • Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
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Germany says Europe is open to Chinese cars but not at any price: German Chancellor Olaf Scholz pressed his case on Monday for an open and fair European market ...
cnn.com/2024/04/15/business/china-germany-chancellor-cars-overcapacity-hnk-intl/
Germany says Europe is open to Chinese cars but not at any price
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General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
General Motors beats quarterly results targets, raises forecast
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Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
cnn.com/2024/04/19/cars/india-elon-musk-visit-investment-intl-hnk/
Elon Musk is heading to India. He could deliver a big win for Tesla and ...
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Futures recover from Wall St selloff ahead of payrolls test: U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the ...
reuters.com/markets/us/futures-recover-wall-st-selloff-ahead-payrolls-test-2024-04-05/
Futures recover from Wall St selloff ahead of payrolls test
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Shopping for ‘the classics’: Why the pre-owned luxury watch market is thriving: What’s old is new again, and the longstanding phrase couldn’t be more apropos ...
cnn.com/2024/04/24/style/luxury-pre-owned-watches/
Shopping for ‘the classics’: Why the pre-owned luxury watch market is ...
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Microsoft's AI lead puts Amazon cloud dominance on watch: Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on ...
reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/
Microsoft's AI lead puts Amazon cloud dominance on watch
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Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in Indonesian lender, sources say
reuters.com/markets/deals/abu-dhabis-largest-islamic-bank-talks-buy-11-bln-stake-indonesian-lender-sources-2024-04-17/
Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in ...
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Asking prices for UK homes close to record high, Rightmove says: Prices of homes being sold in Britain are close to their record highs after the biggest annual ...
reuters.com/world/uk/asking-prices-uk-homes-close-record-high-rightmove-says-2024-04-21/
Asking prices for UK homes close to record high, Rightmove says
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Focus: Czech arms maker CSG chief eyes place on global stage: Michal Strnad, who a decade ago became head of CSG, a family defence business ...
reuters.com/business/aerospace-defense/czech-arms-maker-csg-chief-eyes-place-global-stage-2024-04-14/
Focus: Czech arms maker CSG chief eyes place on global stage
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Despite $90 crude, US oil output capped by weak natgas prices: U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market ...
reuters.com/business/energy/despite-90-crude-us-oil-output-capped-by-weak-natgas-prices-2024-04-08/
Despite $90 crude, US oil output capped by weak natgas prices
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UK recruiters report slowest growth in starting pay in over 3 years: Starting salaries for permanent staff grew at the slowest rate in over three years last ...
reuters.com/world/uk/uk-recruiters-report-slowest-growth-starting-pay-over-3-years-2024-04-07/
UK recruiters report slowest growth in starting pay in over 3 years
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BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
BOJ will hike rates if trend inflation accelerates, gov Ueda says
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Samsung flags 10-fold rise in first-quarter profit as chip prices recover: Samsung Electronics estimated on Friday its first-quarter operating profit would rise ...
reuters.com/technology/samsung-flags-931-rise-first-quarter-profit-chip-prices-recover-2024-04-04/
Samsung flags 10-fold rise in first-quarter profit as chip prices recover
Quick Glance: Samsung forecasts 10-fold profit surge, marking the end of chip downturn
  • Samsung expects a 10-fold increase in operating profit in the first quarter as memory chip prices recover strongly after last year's industry downturn.

  • Revenue rose by 11.4 percent to Won71tn in the first quarter compared to the previous year, while operating profit surged by 931 percent to Won6.6tn.

  • Analysts predict Samsung's chip division will achieve an operating profit of approximately Won900bn in the first quarter, compared to an operating loss of Won2.2tn in the December quarter.

  • Samsung's strong earnings have also been driven by robust sales of its latest AI-driven smartphones, allowing the company to regain the top spot in global smartphone sales in February.
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Ohio senator wants Biden to permanently ban Chinese EVs from US: The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block ...
reuters.com/business/autos-transportation/ohio-senator-wants-biden-permanently-ban-chinese-evs-us-2024-04-11/
Ohio senator wants Biden to permanently ban Chinese EVs from US
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Qatar leads Gulf markets higher; Kuwait slips: The Qatar stock market ended higher on Sunday, boosted by gains in communications, energy and finance stocks ...
reuters.com/world/middle-east/qatar-leads-gulf-markets-higher-kuwait-slips-2024-04-07/
Qatar leads Gulf markets higher; Kuwait slips
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Apple supplier Foxconn sees growth in Q2 after dip in Q1 revenue: Taiwan's Foxconn , the world's largest contract electronics maker and the biggest assembler of ...
reuters.com/technology/foxconn-q1-revenue-drops-96-yy-sees-growth-q2-2024-04-05/
Apple supplier Foxconn sees growth in Q2 after dip in Q1 revenue
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Christiania: A Copenhagen hippy commune fights back against drug gangs: Locals start digging up a Copenhagen street as part of a bid to tackle drug-related crime ...
bbc.com/news/world-europe-68740282
Christiania: A Copenhagen hippy commune fights back against drug gangs
Quick Glance: Christiania's Transformation: Ending Illegal Drug Market
  • Residents of Christiania in Copenhagen aim to remove Pusher Street after decades of illegal drug trade to make way for renovations.

  • The Justice Minister sees the action as symbolically significant, emphasizing the residents' desire to create a new Christiania without a criminal drug market.

  • Having long battled authorities, residents now have the opportunity to control and renovate their land to modernize the hippie oasis.

  • The community hopes that by dismantling the street and renovating, the illegal drug trade will cease, allowing Christiania to remain a legal and alternative part of Copenhagen.
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EV maker Lucid beats first-quarter delivery estimates as price cuts boost demand: Lucid reported first-quarter deliveries above market expectations on Tuesday as ...
reuters.com/business/autos-transportation/ev-maker-lucid-beats-first-quarter-delivery-estimates-2024-04-09/
EV maker Lucid beats first-quarter delivery estimates as price cuts boost ...
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Meta tempers expectations for second-quarter revenue: Meta Platforms on Wednesday forecast that second-quarter revenue could come in below market expectations ...
reuters.com/technology/meta-raises-2024-expenses-forecast-support-ai-development-2024-04-24/
Meta tempers expectations for second-quarter revenue
Quick Glance: Meta lowers revenue growth expectations for the second quarter
  • Meta forecasted that second-quarter revenue is expected to fall below market expectations, suggesting that hopes for the potential of new AI tools may be tempered.

  • The company also increased its forecast for expenses this year to support its investments in new AI products and the necessary computing infrastructure.

  • In the first quarter, Meta increased its daily active users (DAU) by 7%, a metric that tracks unique users of their apps Facebook, Instagram, Messenger, or WhatsApp in a day.

  • In addition to their internal efforts, Meta benefits from regulatory pressure on TikTok, a Chinese-owned short video competitor facing the potential threat of a U.S. ban.
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Volkswagen EVs 'can't keep up' in China, CEO tells newspaper: Volkswagen wants to avoid setting
reuters.com/business/autos-transportation/volkswagen-evs-cant-keep-up-china-ceo-tells-newspaper-2024-04-05/
Volkswagen EVs 'can't keep up' in China, CEO tells newspaper
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Grave robbers tap 'alien' fascination with Peru's ancient mummies: Leandro Rivera says he chanced upon the cave in Peru's remote Nazca region that contained ...
reuters.com/world/americas/alien-fever-dreams-fuel-peruvian-grave-robbings-2024-04-06/
Grave robbers tap 'alien' fascination with Peru's ancient mummies
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UK house prices fall for first time in six months: Prices fell in March with higher mortgage rates affecting affordability, the Halifax says
bbc.com/news/articles/cz9zle1973xo
UK house prices fall for first time in six months
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China EV maker Nio urges openness in US speech amid tensions: Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the ...
reuters.com/business/autos-transportation/china-ev-maker-nio-urges-openness-us-speech-amid-tensions-2024-04-14/
China EV maker Nio urges openness in US speech amid tensions
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Très belle: French women's favorite bag is back - and we love them!: Everyone loves these bags, especially the French women - but this year we're looking at the ...
harpersbazaar.de/fashion/tres-belle-lieblingstasche-franzoesinnen-ist-zurueck-lieben
Très belle: French women's favorite bag is back - and we love them!
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US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-immunitybios-bladder-cancer-therapy-2024-04-22/
US FDA approves ImmunityBio's bladder cancer therapy
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Comment: We cannot win the battle of ‘planet versus plastic’ without robust data: Policymakers are meeting in Ottawa this week to negotiate a Global Plastics ...
reuters.com/sustainability/sustainable-finance-reporting/comment-we-cannot-win-battle-planet-versus-plastic-without-robust-data-2024-04-21/
Comment: We cannot win the battle of ‘planet versus plastic’ without ...
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Morning bid: Fragile FX, tech swoon cloud sentiment: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-21/
Morning bid: Fragile FX, tech swoon cloud sentiment
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New Brexit border checks could stifle fine food imports from EU, warn sellers: Panzer's delicatessen in north west London has lost 37 suppliers from the European ...
reut.rs/3U93eCn
New Brexit border checks could stifle fine food imports from EU ...
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May holiday: Market and garbage collection in Celle's old town on Tuesday: Because of the May bank holiday, the weekly market takes place on Tuesday ...
cz.de/lokales/celle-lk/celle/mai-feiertag-markt-und-muellabfuhr-in-celler-altstadt-schon-am-dienstag-K2EHRCSJDJBURP6OC3NOKXKGXQ.html
May holiday: Market and garbage collection in Celle's old town on Tuesday
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Private credit paints a new scream for banks: Private credit providers want to turn financial slicing and dicing into a work of art. Sotheby’s Financial Services ...
reuters.com/breakingviews/private-credit-paints-new-scream-banks-2024-04-22/
Private credit paints a new scream for banks
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Kindergarten children discover the Ludwigsburg weekly market: The Ludwigsburg weekly market in the heart of the city center not only has a lot of flair ...
lkz.de/lokales/stadt-ludwigsburg_artikel,-kindergartenkinder-entdecken-den-ludwigsburger-wochenmarkt-_arid,782386.html
Kindergarten children discover the Ludwigsburg weekly market
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Biohof Eilte: The cheese dairy is closing - Heath Circle: Cows grazing in a pasture, water buffaloes bathing, several employees looking after the animals: Anyone ...
wz-net.de/lokales/biohof-eilte-die-kserei-macht-zu_10_112241071-21-.html
Biohof Eilte: The cheese dairy is closing - Heath Circle
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What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
What to do about the EU’s relative decline
Quick Glance: Addressing the EU's Relative Decline
  • The EU faces marginalization if it continues to shrink compared to other parts of the world.

  • There are two ways to look at the EU's relative decline: living standards and power.

  • The EU is dealing with different threats from aggressive Russia, China, and the United States.

  • To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
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Shortage of skilled workers in Saxony-Anhalt: Bernburg fishmonger complains: Halle/MZ - Ivonne Gutzeit has a few kind words for all her customers ...
mz.de/mitteldeutschland/wirtschaft/personalmangel-fachkraeftemangel-fischhaendlerin-bernburg-ivonne-gutzeit-verkaufswagen-buergergeld-3830576
Shortage of skilled workers in Saxony-Anhalt: Bernburg fishmonger ...
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Mobile trading - Fear of the downward spiral: Weekly markets are now having a difficult time in Germany and are losing significantly in sales: a reason for joy ...
lebensmittelpraxis.de/zentrale-management/39916-mobiler-handel-angst-vor-der-abwaertsspirale.html
Mobile trading - Fear of the downward spiral
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