France’s parliamentary election has sparked concern among investors as the country’s risk premium continues to rise, impacting not only the French market but also stocks in the wider European region. Citi’s head of global equity strategy, Beata Manthey, highlighted two possible scenarios that have not yet been fully priced in by markets, potentially leading to
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H&M, the world’s second-largest retailer, faced a major blow as its shares plummeted over 14% following a disappointing second-quarter report. The company reported lower-than-expected profits, with operating profit coming in at 7.1 billion Swedish kroner, falling short of analysts’ expectations of 7.37 billion Swedish kroner. While this figure was an improvement from the previous year,
The recent survey conducted by the China General Chamber of Commerce in the U.S. revealed that a majority of Chinese enterprises operating in the U.S. maintain a positive long-term outlook, despite the increasingly challenging business environment and strained U.S.-China relations. The survey found that nearly 60% of companies are looking to maintain a stable level
Chinese Premier Li Qiang recently spoke at the opening of the World Economic Forum’s “Summer Davos” meeting in Dalian, China, where he defended his country’s technological development. He emphasized that China’s rapid rise in new industries is rooted in its unique comparative advantages. These advantages include a large market, industrial network, labor force, diverse application
The European Union regulators have recently accused Apple of violating new tech rules. These rules, under the Digital Markets Act (DMA), prohibit tech companies from preventing businesses from informing their users about cheaper alternatives to their products. One of the areas of focus in the investigation is Apple’s anti-steering rules, which do not allow app
China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market. Germany’s Economy Minister Robert Habeck mentioned that there would be concrete negotiations on tariffs with China. The confirmation came after China’s commerce ministry said its head Wang Wentao
The United States recently released draft rules aimed at restricting or notifying certain investments in artificial intelligence (AI) and other technology sectors in China that could potentially pose a threat to U.S. national security. These rules, prompted by an executive order signed by President Joe Biden last August, aim to prevent the transfer of critical
China has been a key player in developing its electric car industry, pouring a staggering $230.8 billion over more than a decade. According to a recent analysis by the Center for Strategic and International Studies (CSIS), government support for electric cars in China accounted for 18.8% of total electric car sales between 2009 and 2023.
Unknown to many investors, Motorola Solutions has been flying under the radar in the tech investment scene, overshadowed by big names such as Nvidia, Alphabet, and Microsoft. According to Trent Masters, portfolio manager at Alphinity Investment Management, this telecommunications company is a hidden gem in the market. Despite being commonly associated with phones, Motorola Solutions
In a recent interview at the Cannes Lions festival, VaynerMedia CEO Gary Vaynerchuk highlighted the significant impact of social media algorithms on the advertising industry. He emphasized that the traditional methods of marketing, such as email marketing and amassing followers, have been replaced by a more meritocratic system driven by AI algorithms. This shift has