Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.
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Surprise RBI governor pick could pave the way for India rate cut as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.
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Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
Alaska Airlines is launching new flights and a new premium credit card to help grow profits by $1 billion in 2027.
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China’s November imports post surprise drop; sharpest decline in 14 months
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
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Dodge maker Stellantis and China’s CATL team up to build $4.3 billion EV battery plant in Spain
Stellantis and CATL have announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate battery plant in Spain.
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‘White gold’ seen as pivotal to Europe’s massive trade deal with South America
Analysts at ING said the significance of critical raw materials like lithium seemed to be “making less headlines” in the coverage of the free trade agreement.
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December 10, 2024December 10, 2024Worldwide
China stocks rise amid broader gains in Asia markets as Beijing’s stimulus pledge boosts sentiment
Traders in Asia react to Beijing’s promise of “more proactive” fiscal measures and “moderately” looser monetary policy next year.
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December 10, 2024December 10, 2024Worldwide
UnitedHealthcare CEO killing: Luigi Mangione held without bail on gun, forgery charges
Luigi Mangione was arrested on a gun charge after police found him with a pistol consistent with the one used to kill UnitedHealthcare CEO Brian Thompson.
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December 10, 2024December 10, 2024Worldwide
Nvidia shares fall after China opens investigation over possible violation of antimonopoly law
Nvidia shares were under pressure after a Chinese regulator said it was investigating the chipmaker over possible violations of the country’s antimonopoly law.
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Ant Group gets new CEO as billionaire founder Jack Ma talks up AI in rare appearance
Alibaba and Ant Group co-founder Jack Ma said the AI era over the next 20 years would “exceed everyone’s imagination.”