Month: November 2023
Tim Prepare dinner, Elon Musk, Steve Schwarzman noticed at Xi Jinping meal with U.S. CEOs
Major company leaders in the U.S. fulfill Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Eamon Javers, CNBC Correspondent Apple CEO Tim Prepare dinner, Tesla main Elon Musk and Blackstone’s Steve Schwarzman ended up amongst the company Wednesday night at a gala reception and meal in San Francisco for visiting Chinese […]
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Alibaba shares slide above 8% after it disappoints on revenue, curbs cloud spinoff
Signage at the Alibaba Team Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Chinese e-commerce giant Alibaba on Thursday noted quarterly financial gain that skipped market place anticipations and stated it would not progress with the total spin-off of its cloud group. […]
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Macy’s profit beats as inventory and margins improve
Macy’s Herald Square store in New York is shown on Aug. 21, 2023. View Press | Corbis News | Getty Images Macy’s on Thursday topped Wall Street’s quarterly expectations, as inventory and margin improvement helped offset an 7% year-over-year decline in sales. Here’s what the retailer reported for the fiscal third quarter compared with what […]
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European stocks lower; Siemens up 5% on earnings, Burberry down 9% as luxury spending slowdown bites
Mars’ $662 million acquisition bid sends shares of Britain’s Hotel Chocolat soaring 160% Trafford Centre, Manchester, London, ENGLAND – September 2023: Hotel Chocolat External Store Sign (Photo by Peter Dazeley/Getty Images) Peter Dazeley | Getty Images News | Getty Images A $662 million acquisition bid from U.S. food giant Mars sent shares of British chocolatier […]
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Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike
Members of a recently formed union of Starbucks workers hold a rally to celebrate the first anniversary of their founding, December 9, 2022 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks workers in New York City have filed 14 more complaints alleging that the coffee giant violated the city’s labor […]
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Morgan Stanley CEO states his organization is prepared for ‘Basel III endgame’ — the sweeping new international guidelines on banking
James Gorman, chairman and chief executive of Morgan Stanley, speaks throughout the International Economic Leader’s Investment decision Summit in Hong Kong, China, on Tuesday, Nov. 7, 2023. The de-facto central financial institution of the Chinese territory is this week keeping its world-wide finance summit for a second yr in a row. Photographer: Lam Yik/Bloomberg through […]
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Israel-Hamas war reside updates: Israeli president states ‘very sturdy force’ to be required in Gaza UN Safety Council phone calls for pause
Israel overseas minister strikes back at Erdogan over comments Israel Foreign Minister Eli Cohen speaks in the course of a press meeting at the European Office environment of the United Nations, Palais des Country, in Geneva on November 14, 2023. (Image by PIERRE ALBOUY / AFP) (Picture by PIERRE ALBOUY/AFP via Getty Photographs) Pierre Albouy […]
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Xi says U.S. and China can only be adversaries or companions, with no middle floor
U.S. President Joe Biden fulfills with Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. Kevin Lamarque | Reuters BEIJING — The U.S. and China have to opt for in between getting adversaries or associates, Chinese President Xi Jinping instructed […]
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Siemens beats earnings forecasts, claims sales progress to gradual in 2024
Exterior view of the Siemens Discussion board, section of the Siemens Headquarters, in Munich, Germany. Getty Illustrations or photos Siemens on Thursday posted a 10% increase in revenue development for its fiscal fourth quarter to a file substantial of 21.4 billion euros ($23.2 billion), beating forecasts, but expects a slowdown in 2024. The German industrial […]
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Biden stands by comment that Xi is a ‘dictator’ hrs just after their initially meeting in a calendar year
WOODSIDE, CALIFORNIA – NOVEMBER 15: U.S. President Joe Biden provides remarks at a information meeting at the Filoli Estate on November 15, 2023 in Woodside, California. The information conference follows a conference amongst Biden and Chinese President Xi Jinping for the duration of the Asia-Pacific Financial Cooperation (APEC) Leaders’ week, their initial due to the […]
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