Global corporations have invested hundreds of billions of dollars to buy and establish factories in China since Deng Xiaoping opened the country to foreign investment in 1978 in order to get access to the market and access to cheap labour,… Read More ›
Jeff Bezos, the creator of Amazon, is renowned for shunning Wall Street’s fixation with profits and insisting that the consumer is always more significant. While Andy Jassy, his successor, likewise talks frequently about servicing consumers, investors have compelled him to… Read More ›
When you ask young people about the employment market in China, they frequently respond that it is harder this year. According to interviews with six students and recent graduates conducted by CNBC, the majority of people eventually find employment, but… Read More ›
The second-largest private lender in India, ICICI Bank, exceeded expectations on Saturday to post a record first-quarter net profit, supported by greater interest revenue and loan growth. According to Refinitiv IBES data, the Mumbai-based lender exceeded analysts’ expectations and increased… Read More ›
The American investment firm Bain Capital said on Sunday that it has reached an agreement to buy out the entire private stake held by the Adani family in the business by acquiring 90% of Adani Capital and Adani Housing. According… Read More ›
Due to exceptionally hot weather and a comeback in food sales after King Charles’ coronation disrupted spending in May, British retail sales increased quicker than anticipated in June despite ongoing high inflation, official numbers indicated on Friday. While the highest… Read More ›
Elon Musk, the CEO of Tesla, hinted on Wednesday that he will lower costs once more for electric vehicles in “turbulent times,” despite the fact that his company’s profits are being squeezed by his fierce price battle with competing automakers…. Read More ›
A recent global analysis from Bain & Company predicts that people over the age of 55 would have 150 million more jobs by 2030. By 2031, older and more seasoned workers will make up more than a quarter of the… Read More ›
According to Albert Park, chief economist of the Asian Development Bank, China’s hesitant consumer confidence has been “a dampener” for its frail recovery. The second-largest economy in the world earlier this week released second quarter GDP figures that mostly fell… Read More ›
In June, consumer prices in China teetered on the brink of deflation as producer prices dropped at their sharpest rate in more than seven years. This strengthens the case for officials to employ more stimulus to boost sluggish demand. For… Read More ›
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