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How to locate the global south: How a fuzzy, scorned term reflects geopolitical shifts
economist.com/leaders/2024/04/12/how-to-locate-the-global-south
What New Metal Sanctions On Russia Mean For Global Trade: Monty RakusenBy Ewa Manthey Metals prices will rise short-term, but there is a limitNo Russian nickel ...
think.ing.com/articles/what-do-the-new-russian-metal-sanctions-mean-for-global-trade/
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China’s state is eating the private property market: Pity those soon to buy a home
economist.com/finance-and-economics/2024/04/11/chinas-state-is-eating-the-private-property-market
ASML Holding N.V. (ASML) Q1 2024 Earnings Call Transcript: ASML Holding N.V. (NASDAQ:NASDAQ:ASML) Q1 2024 Earnings Conference Call April 17 ...
seekingalpha.com/article/4684274-asml-holding-n-v-asml-q1-2024-earnings-call-transcript
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
What a day at the beach reveals about China: Our weekly podcast on China. This week our correspondent spends a day at Dameisha beach and discovers a microcosm of ...
economist.com/podcasts/2024/04/16/what-a-day-at-the-beach-reveals-about-china
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China’s fishing fleet is causing havoc off Africa’s coasts: The victims are non-Chinese crew members, local fishermen and marine life
economist.com/middle-east-and-africa/2024/04/11/chinas-fishing-fleet-is-causing-havoc-off-africas-coasts
China’s high-stakes struggle to defy demographic disaster: The Communist Party puts its faith in robots, gene-therapy and bathing services
economist.com/china/2024/04/09/chinas-high-stakes-struggle-to-defy-demographic-disaster
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Chinese green technologies are pouring into Latin America: That is prompting anxiety in the United States
economist.com/the-americas/2024/04/10/chinese-green-technologies-are-pouring-into-latin-america
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China’s fishing fleet is causing havoc off Africa’s coasts: The victims are non-Chinese crew members, local fishermen and marine life
economist.com/middle-east-and-africa/2024/04/11/chinas-fishing-fleet-is-causing-havoc-off-africas-coasts
Lucid Motors ekes out a new delivery record as it searches for more EV buyers: Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any ...
techcrunch.com/2024/04/09/lucid-motors-first-quarter-deliveries-production/
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.
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/
OPINION | Donald Trump would be denied a federal security clearance if he tried to get one
trib.al/vLBbg6w
Lucid’s longest-range Air Grand Touring gets faster charging, 516 miles range at a lower price
electrek.co/2024/04/17/lucid-air-grand-touring-gets-516-mi-range-upgrades-price-cut/
China was supposed to be the next big thing in venture capital. Now VCs are pulling back
f-st.co/f3KdZlZ
BNP Paribas to acquire Fosun's 9% stake in Belgiuan insurer Ageas: BNP Paribas has signed an agreement with China's Fosun Group to acquire its 9% stake in ...
reuters.com/markets/deals/bnp-paribas-acquire-fosuns-9-stake-belgiuan-insurer-ageas-2024-04-14/
China’s banks have a bad-debt problem: As is becoming increasingly obvious
economist.com/finance-and-economics/2024/03/27/chinas-banks-have-a-bad-debt-problem
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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/
Quick Glance: Bitcoin Halving: Impacts and Debates
- Bitcoin is about to undergo a halving event that may trigger a significant rally.
- The halving effectively reduces the supply of new bitcoins, increasing their value.
- Previous halvings led to rallies, but debates on the impact on energy consumption persist.
- Experts speculate on the price effects, energy efficiency, and future acceptance of Bitcoin.
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
Nigeria's Dangote refinery supplies petroleum products to local market: Nigeria's Dangote oil refinery started supplying petroleum products to the local market ...
reuters.com/markets/commodities/nigerias-oil-marketers-load-products-dangote-refinery-2024-04-02/
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/
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/
Bluey: Producer confirms series return amid cancellation rumours: Fans were concerned the show had ended but its producer tells the BBC it is "not the end".
bbc.com/news/entertainment-arts-68795941
Saudi Money Keeps Lucid Motors Afloat In Struggling EV Market, Buys $1 Billion More Stock As Company Stru
benzinga.com/general/24/04/38074486/saudi-money-keeps-lucid-motors-afloat-in-struggling-ev-market-buys-1-billion-more-stock-as-company-s
Glasgow, Scotland to Beijing, China for only £435 roundtrip: Cheap flights from Glasgow, Scotland to Beijing, China for only £435 roundtrip with KLM.
secretflying.com/posts/glasgow-scotland-to-beijing-china-for-only-435-roundtrip/
XMAS: #Oslo, Norway to Beijing, China for only €354 roundtrip with Lufthansa #Travel
secretflying.com/posts/oslo-norway-to-beijing-china-for-only-e218-roundtrip
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/
Trump's RNC Chair Includes Ukraine in List of US Adversaries: Trump's hand-picked RNC Chair, Michael Whatley, listed Ukraine with China and Iran among aggressive ...
newsweek.com/trump-rnc-chair-whatley-says-ukraine-us-adversary-republicans-1887731
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/
Vienna, Austria to Beijing, China for only €499 roundtrip: Cheap flights from Vienna, Austria to Beijing, China for only €499 roundtrip with Air France and KLM.
secretflying.com/posts/vienna-austria-beijing-china-e319-roundtrip/
India faces the twin crises of undernourishment and obesity: Also on the daily podcast: Turkey’s local elections shift national politics and China upsets the ...
economist.com/podcasts/2024/04/03/india-faces-the-twin-crises-of-undernourishment-and-obesity
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How the Communist Party can still monitor you, even outside China: Also on the daily podcast: the economics of skiing and hoarding at museums
economist.com/podcasts/2024/04/01/how-the-communist-party-can-still-monitor-you-even-outside-china
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Focus: Would-be Tesla buyers snub company as Musk's reputation dips: The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey ...
reut.rs/3xrt2lo
What to make of China’s massive cyber-espionage campaign: America and others offer rich details of what Chinese spies are up to
economist.com/china/2024/03/26/what-to-make-of-chinas-massive-cyber-espionage-campaign
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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/
Syria: Seven dead after car bomb tears through market in Azaz: At least seven people die and several more are wounded in the attack near the border with Turkey.
bbc.com/news/world-middle-east-68701966
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/
Business Class from Oslo, Norway to Beijing, China for only €1372 roundtrip (lie-flat seats)
secretflying.com/posts/business-class-from-oslo-norway-to-beijing-china-for-only-e1248-roundtrip
The Intelligence: Naan inflationary growth: India is not the first country to leapfrog from poverty-induced undernourishment to also having an obesity crisis—but ...
play.acast.com/s/theintelligencepodcast/the-intelligence-naan-inflationary-growth
Who is up and who is down on China’s economic team: Xi Jinping is in charge. The rest need sorting
economist.com/china/2024/03/27/who-is-up-and-who-is-down-on-chinas-economic-team
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Samsung puts more workers on mobile OLEDs as China threatens its lead: Samsung Display has long been the leading supplier of mobile OLED panels across the globe ...
sammobile.com/news/samsung-puts-more-workers-on-mobile-oleds-as-china-threatens-its-lead/
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/
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/
XMAS: 5* Regal Palace Hotel in Dongguan, China for only $48 USD per night: Stay at the 5* Regal Palace Hotel in Dongguan, China for only $48 USD per night over ...
secretflying.com/posts/5-regal-palace-hotel-in-dongguan-china-for-only-48-usd-per-night
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/
Chile: Woman steals gun from guard and opens fire: Live-streamed footage captured the moment a detainee stole a gun from a guard and opened fire in Chile.
bbc.com/news/av/world-latin-america-68710122
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.
China solar industry faces shakeout, but rock-bottom prices to persist: Consolidation in China's crowded solar power sector is pushing smaller players out of the ...
reuters.com/business/energy/china-solar-industry-faces-shakeout-rock-bottom-prices-persist-2024-04-03/
Swatch buyers in China hesitate over higher prices, CEO says: The Chinese market is likely to be difficult until the end of the year with consumers hesitating ...
reuters.com/business/retail-consumer/swatch-buyers-china-hesitate-over-higher-prices-ceo-says-2024-03-31/
Non-stop from Manchester or Edinburgh, UK to Beijing, China from only £378 roundtrip
secretflying.com/posts/edinburgh-or-manchester-uk-to-beijing-china-from-only-373-roundtrip
Rivian misses production estimates as EV maker shifts to new supply chain: Rivian Automotive missed market estimates for quarterly production on Tuesday ...
reuters.com/business/autos-transportation/rivian-misses-production-estimates-ev-maker-shifts-new-supply-chain-2024-04-02/
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/
Chinese Accounts Posing as Trump Fans Ahead of 2024 Election: Report: One reportedly accused President Biden of being a Satanist pedophile.
thedailybeast.com/chinese-accounts-posing-as-trump-fans-ahead-of-2024-election-report
US layoffs reach 14-month high amid government, tech cutbacks: U.S. layoff announcements rose 7% in March to the highest since January 2023 ...
reuters.com/markets/us/us-layoffs-reach-14-month-high-amid-government-tech-cutbacks-2024-04-04/
China’s internet giants snap up their own shares to boost flagging stock market value
cnn.com/2024/04/03/tech/china-internet-giants-record-buyback-intl-hnk/
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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
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 oil majors face uphill climb to adapt to EV future: Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by ...
reuters.com/world/china/chinas-oil-majors-face-uphill-climb-adapt-ev-future-2024-04-01/
Samsung becomes No. 1 digital signage manufacturer for 15th consecutive year: Samsung has announced that according to a new market analysis by Omdia ...
sammobile.com/news/samsung-becomes-no-1-digital-signage-manufacturer-15th-consecutive-year/
Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
ESG: Unilever Scales Back Sustainability Goals: CEO Hein Schumacher is scaling back some commitments on plastics and diversity against a backdrop of wider ...
bloomberg.com/news/features/2024-04-19/esg-unilever-scales-back-sustainability-goals
Exclusive: Daniel Kretinsky explores bid for Royal Mail owner, sources say: Czech billionaire Daniel Kretinsky has been exploring a possible bid for the owner of ...
reut.rs/4aX5jrR
Norway's trillion dollar wealth fund posts 107 billion dollar first quarter gain: Norway's sovereign wealth fund, the world's largest, posted a gain of ...
thelocal.no/20240418/norways-trillion-dollar-wealth-fund-posts-107-billion-dollar-first-quarter-gain
Your morning coffee may be hundreds of thousands of years old: Using genes from coffee plants around the world, researchers built a family tree for the world’s ...
cleveland.com/entertainment/2024/04/your-morning-coffee-may-be-hundreds-of-thousands-of-years-old.html
Quick Glance: Coffee Origins Revealed: Genome Study Uncovers Ethiopian Roots
- Researchers unlocked the genome of Arabica coffee species, tracing its origins to a natural mating over 600,000 years ago in Ethiopia.
- The study revealed Arabica's low genetic diversity and susceptibility to pests and diseases, limiting its cultivation locations.
- The findings could lead to new breeding approaches in coffee to develop varieties with enhanced resistance to diseases and climate changes.
- Arabica formed as a natural hybridization between parent species Coffea canephora and Coffea eugenioides, mainly used for global coffee production.
India's Biocon developing its own version of Wegovy, clinical trial likely next year
reuters.com/business/healthcare-pharmaceuticals/indias-biocon-developing-its-own-version-wegovy-clinical-trial-likely-next-year-2024-04-18/
Quick Glance: Biocon Developing Own Version of Wegovy, Plans Clinical Trial
- Indian pharmaceutical company Biocon is working on developing its own version of Novo Nordisk's popular Wegovy and is likely to conduct a clinical trial next year to enter the growing weight-loss drug market.
- Biocon's CEO, Siddharth Mittal, has expressed the company's intention to develop semaglutide, the active ingredient in Wegovy, for the Indian market, even if it requires a clinical trial.
- Biocon aims to introduce generic versions of weight-loss drugs in emerging markets such as Brazil, Mexico, and Saudi Arabia before the patent for semaglutide expires in those countries in 2026.
- The company is striving to obtain a waiver on clinical trials from Indian regulators and submit bioequivalence studies to demonstrate the effectiveness of their version of semaglutide. Biocon is making significant investments in generics research and development, including peptides for weight-loss drugs.
Nvidia, Chip Stocks Drop Into Correction as Rate Bets Shift: A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a technical ...
bloomberg.com/news/articles/2024-04-18/chips-stocks-fall-into-correction-on-rates-china-demand-worries
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Ping An Trust delays repayment, citing China property market woes: A subsidiary of China's Ping An Insurance failed to repay a roughly $107 million trust product ...
reuters.com/world/china/ping-an-trust-delays-repayment-citing-china-property-market-woes-2024-04-11/
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say: EU antitrust regulators have concluded that Microsoft's $13 billion investment into ...
reuters.com/technology/microsofts-13-bln-openai-deal-avoid-formal-eu-probe-bloomberg-news-reports-2024-04-17/
Vestager defends EU merger rules, says competition creates strong companies: EU antitrust chief Margrethe Vestager on Thursday rejected calls for a shake up of ...
reuters.com/markets/europe/vestager-defends-eu-merger-rules-says-competition-creates-strong-companies-2024-04-18/
Fallout TV show finale answers long-running series mystery: Amazon's Fallout TV show released in its entirety last week, and in doing so answered one of the ...
eurogamer.net/fallout-tv-show-finale-answers-long-running-series-mystery
China Vanke Seeks to Sell 21.4% Stake in Logistics Operator GLP: China Vanke Co. is seeking to sell its entire stake in logistics firm GLP Pte ...
bloomberg.com/news/articles/2024-04-17/china-vanke-seeks-to-sell-21-4-stake-in-logistics-operator-glp
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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/
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