Month: September 2024
Cautious Chinese travelers are taking more last-minute trips as economy struggles
HAIKOU, CHINA – SEPTEMBER 08: Passengers wait in line to check in at Haikou Meilan International Airport on September 8, 2024 in Haikou, Hainan Province of China. (Photo by Luo Yunfei/China News Service/VCG via Getty Images) Luo Yunfei | China News Service | Getty Images Chinese travelers are taking more last-minute trips as they become […]
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Dozens dead after Typhoon Yagi hammers Vietnam, causing floods, landslides
A general view of a factory belonging to LG Electronics collapsed following the impact of Typhoon Yagi, in Trang Due Industrial Zone, Hai Phong city, Vietnam, September 9, 2024. REUTERS/Minh Nguyen Typhoon Yagi, Asia’s most powerful storm this year, left dozens dead in northern Vietnam and widespread damage to infrastructure and factories as it churned westwards, preliminary government estimates showed on […]
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China begins anti-dumping probe into Canadian rapeseed
Cooking oils made from canola from Canada and soybeans are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois. Scott Olson | Getty Images China announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa’s 100% tariffs on Chinese-made electric vehicles and other products come into force. […]
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Asia-Pacific markets mixed following Wall Street’s rebound from worst week of 2024
Sunrise around the Bund river district on November 02, 2023 in Shanghai, China. James D. Morgan | Getty Images News | Getty Images Asia-Pacific markets were mixed on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year. The S&P 500 gained […]
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Wyndham expands in Asia-Pacific with ‘owner first’ strategy, says executive
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Wyndham Hotels & Resorts now has 19 of the company’s 25 brands in Asia-Pacific. The company’s APAC President Ooi Joon Aun told Squawk Box Asia that the company’s success is mainly owing to employing an “owner-first business philosophy” in the region. Source
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Want to cash in on India’s growth? Veteran investor names 5 ‘well-run’ companies to buy right now
Interest in India has been rising steadily among investors, thanks to its growing economy , strong stock market performance and burgeoning population . Amid some talk of an Indian stock market bubble , however, Pramod Gubbi, co-founder of Marcellus Investment Managers, revealed how he is playing the market. The veteran investor said he is focused […]
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Bitcoin rebounds from its worst week in more than a year, jumping above $57,000
Bitcoin jumped Monday evening and topped $57,000 after Wall Street’s rebound from its worst week of the year. The price of the flagship cryptocurrency was last higher by 5.6% at $57,4449.00, according to Coin Metrics. Last week, bitcoin tumbled 9% for its worst weekly performance since August 2023. Stock Chart IconStock chart icon Bitcoin performance […]
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Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer […]
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DirecTV customers will likely miss ‘Monday Night Football’ NFL game as carriage fight with Disney continues
Millions of DirecTV customers will likely be unable to watch the NFL’s opening “Monday Night Football” game on ESPN as the company has yet to reach a deal with network parent Disney as of Monday evening. Disney’s TV networks went dark on Sept. 1 for DirecTV’s customers amid a carriage battle over fees and bundling. […]
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RFK Jr. back on Michigan presidential ballot, state Supreme Court rules
Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024. Thomas Machowicz | Reuters Former independent presidential candidate Robert F. Kennedy Jr. will appear on the ballot in Michigan in November, the state’s Supreme Court ruled Monday, a decision that could boost […]
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