Exports from South Korea saw their worst losing streak in three years in April, falling for a seventh straight month. This sustained decline in sales to China suggests that the economy is still under constant pressure from weak global demand…. Read More ›
After being forced to withdraw its flagship rankings two years ago due to embarrassing disclosures of data discrepancies and favouritism towards China, the World Bank on Monday presented fresh methodology and stronger safeguards for evaluating the business climate in up… Read More ›
According to Chinese state media, China’s top leaders said Friday during a regular meeting that domestic demand is still insufficient. The judgement came after China announced 4.5% GDP growth in the first quarter, which prompted several investment firms to boost… Read More ›
Discount shops have profited from Europe’s cost of living problem, but mid-market names are feeling the pressure as consumers restrict their spending, executives and analysts said on Tuesday at an industry conference. The luxury market is still doing well, and… Read More ›
On Sunday, the United States said that it had exchanged intelligence with European bankers, government representatives, and business executives in order to crack down on Russia’s attempts to circumvent Western sanctions. In order to encourage more effective enforcement of the… Read More ›
According to Jonah Peretti, CEO of Buzzfeed, the company will reduce its employees by 15% and shut down its news website. It occurs as the digital media organisation deals with significant financial difficulties, such as a decline in advertising spending…. Read More ›
According to consumer electronics shop M.Video-Eldorado, Chinese smartphones accounted for more than 70% of the Russian market in the first quarter of 2023, up from about 50% the previous year. After Samsung and Apple both reduced sales in Russia due… Read More ›
The developer of the puzzle game Angry Birds, Finland’s Rovio Entertainment Oyj, has received a 706 million euro ($776 million) offer, according to the Japanese gaming titan Sega. The transaction would be for all of Rovio’s outstanding shares and options,… Read More ›
Liu Baoxiang, who operates a mahjong parlor in a city on China’s rust belt, no longer indulges in ostentatious fashion purchases after watching the value of his two apartments drop by almost a third over the previous two years. “I… Read More ›
Apple is now preparing to build its first stores in India, more than 20 years after its products initially made their way onto Indian marketplaces. Later this month, the two stores—one each in India’s capital Delhi and Mumbai, its financial… Read More ›
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