Tag: china
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Goldman Sachs says buy these stocks now, ahead of their earnings
The firm said this week that it sees several quality buying opportunities ahead of companies’ quarterly reports.
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‘Handful’ of G20 countries reject U.S. stance on excess industrial capacity
The rejection from the vast majority of G20 countries follows the Trump administration’s imposition of tariffs of 10% or 12.5% on goods from 59 countries.
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US arrests man over alleged smuggling of US$300 million worth of computer servers to China
Greg Lui operated a technology company called Earthmade Computer, which he used to buy and send items to China without the licences required by the US Department of Commerce from 2023 to 2024, said the Department of Justice.
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Nike falls to 13-year low. Why analysts don’t think the selling is over yet
Nike is set to open at $31 per share on Friday, or its lowest price since 2013. However, analysts say it’s still not a good time to buy the stock.
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Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals
Western biopharma companies are increasingly turning to China to source innovation, as pharma’s dreaded “patent cliff” draws closer.
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Nike shares plummet 10% after weak revenue outlook and layoff plans underway
Nike’s shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.
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Powering China, reshaping Tibet
As a teen, Lobsang Yangtso left her home in Tibet. It took two decades to return, and what she found shocked her. China’s clean energy revolution is bringing major gains, but also difficult trade-offs.
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Taiwan: first new F-16V fighters arrive amid China threat
The US-made jets, part of an order made in 2019, touched down as concerns grow in Taiwan that support from the United States could be wavering. Washington insists its policy towards Taiwan and China hasn’t changed.
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Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop
Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue.The tepid forecast on Thursday (Oct 1) underscored that N
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Spain and China are cosying up – to the anger of many in the EU
Amid global tumult, the two countries alliance is not the only unlikely pairing.
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