HONG KONG — China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National Bureau of Statistics said Monday. The report said industrial output rose 7% from a year earlier in January-February, better than analysts had forecast. Spending on factories and … Read more
Workers inspect smart phone components at the visual inspection area of the surface mount technology workshop inside the Realme factory in Greater Noida, India: Anindito Mukerjee | Bloomberg | Getty Images Anindito Mukerjee | Bloomberg | Getty Images India’s booming tech sector has suffered a major blow as startup darlings Byju’s and Paytm plunge into … Read more
A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a … Read more
India’s tourism sector is set for a boom as more travelers take trips around the country for religious purposes. The South Asian country with the world’s largest Hindu population could see an additional 50 million to 100 million tourists a year on account of the new Ram Mandir — a temple in the northern city … Read more
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | Reuters LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023 and … Read more
SEOUL (Reuters) – North Korean leader Kim Jong Un has called for a “radical improvement” in the country’s farm machinery sector, state media reported on Wednesday, as the reclusive state pushes for agricultural modernisation to tackle chronic food shortages. Visiting a farm machine exhibition on Tuesday, Kim said it was important to map out a … Read more
A second group of Russian occupiers from the 71st regiment of the Russian Armed Forces surrendered on the Zaporizhzhya front, reporting mistreatment by the Russian command and significant losses, OC West Telegram channel reported on Dec. 27. Russian military personnel spoke out about the “inhumane treatment” by the Russian command and significant losses. The prisoners … Read more
It was another win for the bulls this week. Wall Street started the month of December higher Friday — building on November’s rally, which broke a three-month losing streak. November really lived up to its stellar reputation, with monthly gains of nearly 8.8% for the Dow , about 8.9% for the S & P 500 … Read more
(BRUSSELS) — European Union negotiators reached a deal on Wednesday to reduce highly polluting methane gas emissions from the energy sector across the 27-nation bloc. According to experts, one of the biggest causes of climate change is methane gas emissions — second only to carbon dioxide. The gas also causes serious health problems. Most emissions … Read more
A Chinese flag flies outside a residential compound in Beijing on April 30, 2017. Greg Baker | Afp | Getty Images China’s economic recovery story has been a largely disappointing one, but the economic powerhouse is seeing stellar growth in one particular sector, said Standard Chartered’s Bill Winters. “Electric vehicles and everything around sustainability and … Read more