Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China. He Lifeng is one of China’s four vice premiers, and heads the ruling Chinese Communist Party’s economic and finance committee. He met with BlackRock … Read more
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia shares were under pressure Monday after a regulator in China said it was investigating the chipmaker … Read more
Washington, DC – A lightning-quick offensive has seen Syria’s opposition take control of major cities and large swaths of territory, toppling the government of longtime leader President Bashar al-Assad and indelibly altering the war-torn country’s future. The events represent a remarkable reversal of fortunes in Syria and enlivened a multipronged civil war that appeared largely … Read more
A federal appeals court on Friday cited national security concerns as it upheld a law requiring China-based ByteDance to sell the popular social media app TikTok next month or face an effective ban in the United States. The unanimous ruling by a three-judge panel of the U.S. Court of Appeals in Washington, D.C., rejected TikTok’s … Read more
US president-elect says ex-Georgia senator will help maintain a ‘productive working relationship with China’. United States President-elect Donald Trump has named former Georgia Senator David Perdue as his pick for ambassador to China, a post that will require navigating an increasingly tumultuous relationship between Washington and Beijing. “As a Fortune 500 CEO, who had a … Read more
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street’s expectations on the top and bottom lines and said it’s “pleased” with the start to the holiday season. Here’s how … Read more
Despite global fears that artificial intelligence (AI) could influence the outcome of elections around the world this year, the United States technology giant Meta said it detected little impact across its platforms. That was in part due to defensive measures designed to prevent coordinated networks of accounts, or bots, from grabbing attention on Facebook, Instagram … Read more
A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. Jung Yeon-je | Afp | Getty Images South Korea’s won on Tuesday cut losses against the U.S. dollar after the country’s parliament swiftly passed a … Read more
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board … Read more
CNN — As the US attempts to wean itself off its heavy reliance on fossil fuels and shift to cleaner energy sources, many experts are eyeing a promising solution: your neighborhood big-box stores and shopping malls. The rooftops and parking lot space available at retail giants like Walmart, Target and Costco is massive. And these … Read more