According to the company’s chief financial officer, Nike will introduce new trainers priced under $100 in several regions on Thursday. This move is part of the sportswear giant’s strategy to restructure its product selection and boost sales. The advertised price… Read More ›
China’s commerce ministry stated on Thursday that the country is hopeful that talks with the European Union would result in a “mutually acceptable solution” over provisional tariffs on Chinese electric cars (EVs) that are set to go into effect on… Read More ›
Four decades ago, one of the biggest rare earth manufacturing facilities in the world was located on France’s Atlantic coast. It produced elements that were used to build arc lights, colour televisions, and camera lenses. After years of declining production,… Read More ›
Treasury futures in China surged to all-time highs on Thursday, while long-dated rates just missed record lows as investors kept buying bonds despite the central bank’s constant cautions about risk. According to official figures, the assets of Chinese bond mutual… Read More ›
Ooredoo, a telecom company based in Qatar, said CNBC on Wednesday that it complies with all US legislation regarding its new partnership with Nvidia and would continue to have access to cutting-edge technology. Nvidia made its first significant foray into… Read More ›
Following a dismal mid-year online shopping festival that has also cast doubt on the recovery hopes of the world’s second-largest economy, retailers in China face a difficult future. According to estimates, e-commerce sales experienced a dip for the first time… Read More ›
According to the CEO of the European Investment Bank (EIB), the bank plans to increase funding for European defence projects including drones, satellites, and cyber security. The bank wants to invest an additional 6 billion euros ($6.4 billion) in this area. The… Read More ›
Despite mounting concerns about U.S.-China relations and the overall economic environment, the majority of Chinese firms surveyed recently in the U.S. said they are still enthusiastic about the market’s long-term prospects. According to the China General Chamber of Commerce’s annual… Read More ›
Senior officials from both China and the EU said on Saturday that negotiations on the proposed tariffs on Chinese-made electric cars (EVs) entering the European market had begun. Robert Habeck, Germany’s minister of economics, claimed that EU commissioner Valdis Dombrovskis… Read More ›
US prosecutors have suggested that Boeing be charged criminally by the Department of Justice (DoJ). It comes after the Department of Justice said the manufacturer had broken a settlement over two deadly incidents involving its 737 Max aircraft, which claimed… Read More ›
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