The China Mail - Economy

Featured

加州母亲因生活成本危机转向创业

受加州高昂生活成本和育儿费用挤压，许多母亲认为传统职场已无法维持家庭经济平衡。她们纷纷转向创业，试图在灵活的工作模式中兼顾职业发展与家庭生活，这一趋势正在重塑加州的职业文化。

法国政府拨款10亿欧元应对疫情担保贷款违约潮

法国政府于周三在部长会议上宣布，将在2026年财政修正法案中开放超过10亿欧元的资金，用于支付因企业破产而触发的国家担保贷款赔偿。此举旨在应对疫情后经济困难导致的公共财政压力。

Last news

European stocks rise but Wall Street slips

European stocks advanced Wednesday, with London striking another record, driven by hopes of interest rate cuts as inflation eases.

EU queries X over cut to content moderation resources

The EU on Wednesday told digital platform X to explain a cut to content moderation resources, amid concerns over disinformation ahead of European elections in June.

Europe stocks advance, London hits new record

European stocks advanced Wednesday, with London striking another record, driven by hopes of interest rate cuts in the eurozone, Britain and the United States as inflation eases.

BMW says EU probe into China EV subsidies against free trade

The chief executive of German luxury carmaker BMW on Wednesday warned the European Union's investigation into Chinese electric car subsidies runs counter to free trade.

Bubbling profits for AB InBev despite Bud Light boycott

The world's largest brewer AB InBev on Wednesday toasted a jump in profits in the first quarter, despite a drop in beer sales driven by a Bud Light boycott in the United States.

AstraZeneca withdraws Covid vaccine as demand dives

Anglo-Swedish drugmaker AstraZeneca on Wednesday said it was withdrawing Covid vaccine Vaxzevria, one of the first produced in the deadly pandemic, citing "commercial reasons" following a slump in demand.

Markets mixed as traders weigh rates outlook

Equity markets were mixed Wednesday as the latest global rally ran out of steam due to a lack of major catalysts, while investors contemplated the outlook for monetary policy.

Spain struggles to stamp out drug trade in poor south

The killing of two police by drug traffickers has focused attention on smuggling networks in southern Spain, where poverty makes it easy for gangs to recruit youngsters.

Japanese auto giant Toyota posts record net profit

Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular.

Rubbish, climate change help boost Portugal's white stork numbers

Above a flowering meadow in southern Portugal, three white stork nestlings click their beaks, adding to the chorus of a thriving stork population that has settled year-round in the country.

Mongolia's wildlife at risk from overgrazing

The icy peaks of Jargalant Mountain are supposed to belong to snow leopards, whose numbers have dwindled to fewer than 1,000 in Mongolia, but hard-pressed herders are increasingly pushing into the vulnerable animals' traditional habitat.

Toyota posts record yearly net income, revenue

Toyota said Wednesday that it enjoyed a record net profit of 4.94 trillion yen ($31.9 billion) in the year to March on revenues of 45.1 trillion yen, which was also an all-time high.

Global car giants seek tech allies in China's cutthroat EV market

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

US centenarian to marry at Normandy, 80 years after Allied landing

Americans Harold Terens and Jeanne Swerlin promise their courtship is "better than Romeo and Juliet": He is 100, she's 96, and they marry next month in France, where the groom-to-be served during World War II.

Sideways day on Wall Street as London notches another record

The rally in Wall Street stocks took a pause Tuesday while many overseas bourses pushed higher amid renewed optimism that the US Federal Reserve could cut interest rates this year.

China's Xi lands in Serbia after talking Ukraine, trade in France

Xi Jinping arrived in Belgrade on Tuesday evening, after French President Emmanuel Macron hosted a high altitude lunch at a childhood haunt in the Pyrenees mountains for the Chinese leader.

Argentina introduces 10,000-peso banknote

Inflation-battered Argentina on Tuesday introduced a 10,000-peso banknote, worth the equivalent of about $11 -- five times the face value of the previous biggest 2,000-peso bill.

TikTok challenges potential US ban in court

TikTok and its Chinese parent company ByteDance filed a legal challenge against the United States on Tuesday, taking aim at a law that would force the app to be sold or face a US ban.

Disney reports small loss but sees improvement in streaming

Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss.

Biden slams 'ferocious' rise in anti-Semitism amid Gaza protests

US President Joe Biden condemned a "ferocious surge" in anti-Semitism on Tuesday, in a Holocaust memorial speech that came at a fraught moment in Israel's war in Gaza and with protests roiling American universities.

Ferrari confirms 2024 guidance after first quarter boost

Italian luxury carmaker Ferrari on Tuesday posted a double digit rise in both profits and sales for the first quarter of 2024, and confirmed its full-year guidance.

Stock markets climb on lower rates optimism

Stock markets on Tuesday continued to rally over optimism that the US Federal Reserve will cut interest rates this year.

US, allies sanction LockBit leader over ransomware attacks

The United States, Britain and Australia unveiled sanctions Tuesday against the leader of the Russian ransomware outfit LockBit, which they accuse of extorting billions of dollars from thousands of victims.

Boeing Starliner crewed mission postponed until at least Friday

The first crewed launch of Boeing's Starliner spaceship will have to wait until at least Friday to give ground teams time to analyze a malfunctioning rocket valve, pushing back a high-stakes test trip to the International Space Station.

Stock markets mostly rise on lower rates optimism

Stock markets extended the week's rally Tuesday on optimism that the US Federal Reserve will cut interest rates this year.

Macron hosts Xi in French mountains to press messages on Ukraine, trade

French President Emmanuel Macron on Tuesday was to host Chinese leader Xi Jinping at one of his beloved childhood haunts in the Pyrenees mountains, seeking to press a message to Beijing not to support Russia's war against Ukraine and to accept fairer trade.

Major German companies warn against vote for extremism

Germany's biggest companies said Tuesday they have formed an alliance to campaign against extremism ahead of key EU Parliament elections, when the far right is projected to make strong gains.

Rescuers search for survivors after deadly S.African building collapse

Rescuers scrambled Tuesday to search for some 50 people trapped under rubble after the collapse of a multi-storey building under construction in the South African city of George killing five people.

Most markets rise after Wall St rally as US rate optimism lingers

Most markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.

Coppola, Lucas, Schrader: 'New Hollywood' swansong set for Cannes

It is an offer they still can't refuse: Francis Ford Coppola will lead a parade of veteran American movie titans back to the Cannes Film Festival next week in a likely swansong for the "New Hollywood" generation.

Saudi Aramco says Q1 profit down 14.5 percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.

UBS back in profit after Credit Suisse takeover losses

Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in the red due to the mammoth takeover of Credit Suisse.

The China Mail - Economy (English)