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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
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/
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/
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition: EXCLUSIVE-TESLA CANCELS LOW-COST CAR PLANS-SOURCES
reut.rs/49oRm4S
Quick Glance: Tesla scraps plans for low-cost car amidst fierce Chinese EV competition
- Tesla has canceled the promised inexpensive car and will focus on self-driving taxis instead
- The shift in strategy comes as Tesla faces competition from Chinese EV makers, including BYD
- Elon Musk's vision of affordable electric cars for the masses has been abandoned in favor of robotaxis
- The decision reflects Tesla's efforts to stay competitive in a challenging market environment
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
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
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/
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/
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.
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
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/
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/
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/
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/
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.
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/
Donald Trump's media company falls 12%, extends selloff: Shares of Donald Trump's media and technology firm fell as much as 12% on Monday ...
reuters.com/business/media-telecom/donald-trumps-media-company-falls-12-extends-selloff-2024-04-08/
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
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/
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.
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/
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%.
China’s growing love of luxury watches remains strong, despite economic headwinds
cnn.com/2024/04/19/style/china-luxury-watches/
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/
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
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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/
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.
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
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.
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/
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/
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/
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
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.
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/
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/
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.
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/
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/
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
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
Microsoft-backed Rubrik prices IPO above range at $32 per share, source says: Rubrik , the cybersecurity software startup that counts Microsoft among its ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
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's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
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
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/
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 ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reut.rs/3QeEPdD
Air New Zealand falls after earnings outlook cut on stiff competition: Air New Zealand trimmed its annual earnings estimates on Monday, citing economic headwinds ...
reuters.com/business/aerospace-defense/air-new-zealand-falls-after-earnings-outlook-cut-stiff-competition-2024-04-22/
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/
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/
Japan may intervene to support yen any time, says senior ruling party official: Japanese authorities could intervene in the currency market any time as recent ...
reuters.com/markets/currencies/japan-may-intervene-support-yen-any-time-says-senior-ruling-party-official-2024-04-23/
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
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
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/
Cheaper than discounters: Egg carts have been on the Steinhagen market since the first day
haller-kreisblatt.de/lokal/steinhagen/23837573_Guenstiger-als-Discounter-Eierwagen-seit-erstem-Tag-auf-Steinhagener-Markt.html
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Yen's slide toward 160 level could trigger action, says senior ruling party official
reuters.com/markets/asia/yens-slide-toward-160-level-could-trigger-action-says-senior-ruling-party-2024-04-24/
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
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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
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/
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.
We Tested The Entire Line of Oral-B Electric Toothbrushes—These 6 Are the Best: We asked the experts and independently tested all of the Oral-B electric ...
health.com/best-oral-b-electric-toothbrushes-7371190
Foreigners add net $32.7 bln to EM portfolios in March -IIF: Foreigners added about $32.7 billion to their emerging market portfolios in March ...
reuters.com/markets/foreigners-add-net-327-bln-em-portfolios-march-iif-2024-04-23/
Gold drops more than 2% to one-week low as Middle East worries ebb: Gold prices dropped more than 2% to a one-week low on Monday as worries over a wider Middle ...
reuters.com/markets/commodities/gold-retreats-middle-east-tensions-ebb-2024-04-22/
US existing home sales drop in March; median price increases: U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers ...
reuters.com/world/us/us-existing-home-sales-drop-march-median-price-increases-2024-04-18/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Bankers lose hope of London IPO revival for another year: Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs ...
reuters.com/markets/europe/bankers-lose-hope-london-ipo-revival-another-year-2024-04-23/
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
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Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
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
Sindelfingen weekly market - Rainer Klein resigns from his position as market spokesman
szbz.de/nachrichten/artikel/sindelfingen-rainer-klein-gibt-sein-amt-als-marktsprecher-vom-sindelfinger-wochenmarkt-ab
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Recruiter Randstad misses profit forecast in tough market conditions: Randstad , the world's biggest employment agency, reported first-quarter core earnings ...
reuters.com/business/dutch-recruiter-randstads-q1-earnings-miss-expectations-2024-04-23/
Sluggish demand and oversupply sap European diesel markets: European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month ...
reuters.com/markets/europe/sluggish-demand-oversupply-sap-european-diesel-markets-2024-04-22/
LATAM's share of Brazil airline market hits 11-year high as Gol drops: LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in ...
reuters.com/business/aerospace-defense/latams-share-brazil-airline-market-hits-11-year-high-gol-drops-2024-04-22/
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