Tag Archives: China

The bloc says it hopes Thursday’s conferences between the EU chiefs Charles Michel and Ursula Von Der Leyen and Beijing’s high brass will provide an opportunity to debate areas of widespread curiosity like local weather change and well being (Kenzo TRIBOUILLARD) European leaders will meet their Chinese language counterparts in Beijing on Thursday for talks dominated by divisions between the …

Reuters China is just not dumping its stockpile of US bonds, Brad Setser, a former Treasury official, wrote. A big a part of China’s holdings is just not accounted for in official US information, he mentioned. Whereas it has bought some Treasurys, Beijing has purchased up US debt within the type of company bonds. China is not fueling the bond-market …

(Reuters) — Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing agency VMware after receiving regulatory approval in final main market China and ending a months-long saga. The deal, one of many greatest globally when introduced in Might 2022, was the newest in CEO Hock Tan’s efforts to spice up the chipmaker’s software program enterprise. Nonetheless, the transaction confronted …

Nvidia (NVDA) reported third quarter earnings after the bell on Tuesday that topped Wall Avenue expectations as soon as once more as the factitious intelligence growth continues to feed demand for the corporate’s chips. The chipmaker reported adjusted earnings per share of $4.02 on income of $18.12 billion, each of which topped analyst expectations. Analysts had anticipated adjusted earnings per share …

By Andrew Silver SHANGHAI (Reuters) – Enterprise actions in China’s healthcare sector are coming back from a sudden close to freeze that started in July when Beijing kicked off a year-long anti-corruption marketing campaign, two international business executives mentioned. The marketing campaign targets the bribing of docs in drug and medical tools gross sales and marks a pointy escalation of …

Treasury Secretary Janet Yellen speaks throughout a information convention on the IMF and World Financial institution Annual Conferences at IMF headquarters, October 14, 2022 in Washington, DC.Drew Angerer/Getty Photographs International bond traders are “extraordinarily involved” about US deficits, a TD Securities analyst advised Insider. The warning comes amid indicators that demand for US Treasury bonds is waning. The doable dumping …

Starbucks (SBUX) brewed up some fiscal This autumn earnings early Thursday morning. Whereas it beat most estimates, it was a story of two nations. US shoppers are nonetheless keen to splurge for his or her pumpkin spice and chai tea lattes, however Chinese language shoppers are tightening their wallets. Starbucks’ general income is up 11% to just about $9.4 billion, …

By Toby Sterling AMSTERDAM (Reuters) – Making extra merchandise for China domestically and shopping for chips from a number of suppliers are simply two of the availability chain modifications Dutch healthcare expertise agency Philips is making on account of rising commerce tensions, its CEO Roy Jakobs informed Reuters. The corporate intends to make sure that 90% of merchandise for the …

China hopes its Belt and Street discussion board will increase its worldwide standing (Ken Ishii) China ready on Monday to host representatives of 130 nations for a convention that can be overshadowed by the Israel-Hamas battle, as an more and more assertive Beijing is requested to assist de-escalate the violence. On the prime of the invite listing to China’s Belt …

US Senate Majority Chief Chuck Schumer (C) and US Senator Mike Crapo (L) meet with Chinese language International Minister Wang Yi on the Diaoyutai Visitor Home in Beijing on October 9, 2023 (Andy Wong) China’s prime diplomat stated Monday he hoped Washington and Beijing may handle their variations “extra rationally” as he met with visiting senior American lawmakers. Senate Majority …