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U.S. to give Philippines $500 million in military funding amid worries about China’s aggression
Finance
U.S. to give Philippines $500 million in military funding amid worries about China’s aggression
By Jim Gomez, Matthew Lee and The Associated PressJuly 30, 2024
Justice Dept. says TikTok could allow China to influence elections
Tech
Justice Dept. says TikTok could allow China to influence elections
By Chris MorrisJuly 29, 2024
BEIJING, CHINA - JULY 29: Chinese President Xi Jinping, right, arrives with Italian Premier Giorgia Meloni, left, for a meeting at the Diaoyutai State Guesthouse on July 29, 2024 in Beijing, China. (Photo by Vincent Thian - Pool/Getty Images)
Politics
Italy’s prime minister Meloni vows to reset relations with China and signs a three-year action plan in the midst of an EU-China trade war
By Ken Moritsugu and The Associated PressJuly 29, 2024
A man walks past an advertisement for Heineken beer in Beijing.
Retail
Heineken swallows $949 million charge as limping demand hits its Chinese business
By Sarah Jacob, Sabah Meddings and BloombergJuly 29, 2024
MGCybersterJune2024Edit-49
Tech
MG’s lifetime battery warranty isn’t the holy grail for boosting EV ownership—yet
By James MorrisJuly 29, 2024
OpenAI CEO Samuel Altman speaking into microphone
AI
Sam Altman issues call to arms to ensure ‘democratic AI’ will defeat ‘authoritarian AI’
By Jason MaJuly 27, 2024
TikTok CEO Shou Zi Chew
Politics
TikTok sent sensitive data on U.S. users to parent company ByteDance in China, DoJ says
By Haleluya Hadero, Eric Tucker and The Associated PressJuly 27, 2024
Apple slips from the top 5 in China, as domestic brands take all the top slots for the first quarter in history
Tech
Apple slips from the top 5 in China, as domestic brands take all the top slots for the first quarter in history
By Lionel LimJuly 26, 2024
U.S. states are ordering their pension funds to sell their China investments: ‘They won’t get money from us. Not one penny’
Finance
U.S. states are ordering their pension funds to sell their China investments: ‘They won’t get money from us. Not one penny’
By David A. Lieb and The Associated PressJuly 25, 2024
People passing the Louis Vuitton store on Bond Street which has seen a recent drop in demand for luxury goods and with some stores deciding to move out on 4th February 2024 in London, United Kingdom. Bond Street is one of the principal streets in the West End shopping district and is very upmarket and has been a fashionable shopping street since the 18th century. The rich and wealthy shop here mostly for high end fashion and jewellery. (photo by Mike Kemp/In Pictures via Getty Images)
Finance
Trouble lies ahead for European luxury brands and car makers as China’s slowdown hurts profits, share prices, valuations and jobs
By Kit Rees, Verena Sepp and BloombergJuly 25, 2024
Chicken feet, a key Chinese dim sum menu item, is at risk because Brazil has stopped exporting chickens to China
Finance
Chicken feet, a key Chinese dim sum menu item, is at risk because Brazil has stopped exporting chickens to China
By Hallie Gu and BloombergJuly 24, 2024
people taking the escalator in front of a Dior store in a mall
Retail
LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases
By Prarthana PrakashJuly 24, 2024
Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong’s disclosure threshold
Finance
Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong’s disclosure threshold
By Lionel LimJuly 23, 2024
Nvidia is reportedly making another China-focused AI chip as U.S. export controls hit its business in the world’s second largest economy
Tech
Nvidia is reportedly making another China-focused AI chip as U.S. export controls hit its business in the world’s second largest economy
By Lionel LimJuly 22, 2024
Bill Ackman, chief executive officer of Pershing Square Capital
Politics
Bill Ackman warns political chaos around Biden’s withdrawal is an invitation for rivals to exploit U.S. weakness
By Eleanor PringleJuly 22, 2024
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Success
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
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Energy
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