The China Mail - Economy

Philips losses worse than expected in 2024

Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recall of faulty sleep machines.

EU eyes stricter food import rules in agriculture policy review

The EU plans to crackdown on food imports that do not meet its standards as part of an agricultural policy review to be published Wednesday that looks to appease disgruntled farmers amid global trade tensions.

HSBC targets $1.5 bn in annual cost savings after revamp

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.

Asian markets swing as traders assess latest tariffs volley

Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine.

US judge declines to block Musk from accessing data, firing workers

A US judge on Tuesday declined a request to temporarily block Elon Musk and his Department of Government Efficiency (DOGE) from firing federal employees and accessing agency data, a victory for President Donald Trump in his bid to shrink the government workforce.

US lawmakers confirm Howard Lutnick as commerce secretary

The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.

Why Ghost Judge Should Be Your Next Must-Read

LAS VEGAS, NV / ACCESS Newswire / February 19, 2025 / Legal thrillers have long captivated readers with their intricate plots and high-stakes drama, but Regina Keelan Bass's Ghost Judge takes the genre to unprecedented heights. This debut novel deftly combines the procedural intricacies of courtroom battles with the chilling allure of the supernatural, creating a narrative that is as unique as it is compelling.

Gladstone Land Announces Fourth Quarter and Year Ended 2024 Results

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.

Gladstone Alternative Income Fund Announces Launch and Anticipated March Distribution Declaration Date

MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Alternative Income Fund (the "Fund") today announced its launch. Additional information can be found at the Fund's website, www.gladstoneintervalfund.com. The Fund also anticipates that its board of trustees will declare, and the Fund will announce, its initial distribution rates (for the month of March) for all share classes during the week of March 3rd.

Gladstone Securities Announces Launch of Gladstone Alternative Income Fund and Anticipated March Distribution Declaration Date

MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Securities LLC (an affiliated broker-dealer of The Gladstone Companies, Inc.) that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Capital Corporation (Nasdaq: GLAD), Gladstone Land Corporation (Nasdaq: LAND) and Gladstone Commercial Corporation (Nasdaq: GOOD), announced the launch of Gladstone Alternative Income Fund (the "Fund"). Additional information can be found at the Fund's website, www.gladstoneintervalfund.com. The Fund also anticipates that its board of trustees will declare, and the Fund will announce, its initial distribution rates (for the month of March) for all share classes during the week of March 3rd.

A Historic Gala Celebrating Canada's Visionary Role in Advancing Urban SDGs - A Night of Leadership and Global Change

TORONTO, ON / ACCESS Newswire / February 19, 2025 / The Urban Economy Forum (UEF), in partnership with The Almas Jiwani Foundation (AJF), hosted an extraordinary Gala at the World Urban Pavilion, powered by Regent Park, on Friday, February 7, to celebrate Canada's pivotal role in advancing the Urban Sustainable Development Goals (SDGs). This exceptional event marked a significant milestone in the global movement toward sustainable urban development, bringing together visionary leaders, innovators, and key members of the diplomatic, business, and global communities to recognize Canada's leadership as a trailblazer in advancing the Urban SDGs.

Swiss Resource Capital AG Welcomes Goldshore Resources Inc. as a New Client

HERISAU, CH / ACCESS Newswire / February 19, 2025 / Swiss Resource Capital AG is pleased to welcome Goldshore Resources Inc. (TSXV:GSHR)(TSXV:SXGC)(ISIN: CA38150N1078) as a new client.

ECM’S Dan Lizowsky to Speak at MDSM ‘25 on PCB Stator Electric Motor Design for Data Center Cooling

Adoption of PrintStator CAD and premium performance printed circuit board stator machines can reduce data center energy consumption and costs.

MATRIXX Software Unveils MATRIXX Dynamic Billing to Revolutionize Revenue Management

Breakthrough in processing technologies drastically reduces the cost of billing operations

China condemns US 'tariff shocks' at WTO

The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession, China said Tuesday at the World Trade Organization.

Shakira medical record leak sparks Peru investigation

Peruvian authorities threatened sanctions and hefty fines Tuesday as they investigated how popstar Shakira's medical records were leaked following her treatment at a Lima clinic.

Global stocks unfazed as US and Russia hold talks

Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first high-level discussions since Russia invaded Ukraine.

Global stocks steady as US and Russia hold talks

Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first since Russia's invasion of Ukraine.

German auto supplier Continental to cut 3,000 more jobs

German auto supplier Continental said Tuesday it will cut a further 3,000 jobs by the end of 2026, the latest sign of weakness for the country's auto sector.

Global stocks mixed as US and Russia hold talks

Global stock markets traded mixed Tuesday as investors awaited the outcome of the first meeting between top US and Russian diplomats since Russia's invasion of Ukraine.

UK court backs £3 bn loan for indebted Thames Water

A court on Tuesday approved a £3 billion ($3.8 billion) emergency loan for Britain's largest water supplier Thames Water, offering it a lifeline as it buckles under a mountain of debt.

Asian markets mixed as traders pare Hong Kong tech rally

Asian markets were mixed Tuesday with Hong Kong resuming its tech-led rally after a meeting between President Xi Jinping and China's top business leaders fanned hopes that a long-running crackdown on the private sector is coming to an end.

Iran mulls moving capital to 'lost paradise' on southern coast

Faced with myriad problems including gridlocked traffic and a sinking earth surface in its current capital, Iran is considering a drastic solution -- moving it to an altogether different location on the Gulf of Oman.

Tesla begins hiring in India after Musk and Modi meet

Electric vehicle maker Tesla has begun hiring in India, with the company of tycoon Elon Musk issuing advertisements days after US President Donald Trump's right-hand man met with India's premier.

German 'bureaucracy monster' on everyone's election hit list

German politicians make a lot of laws and regulations but on the campaign trail many rage against the country's notorious bureaucracy, labelling it a monster that needs to be slayed.

Why Brazil's Lula is bleeding support

Brazilian President Luiz Inacio Lula da Silva, 79, has been on a whirlwind campaign of interviews and public appearances in recent weeks to shore up dwindling support, but the numbers keep getting worse.

'They knew': Victims of paedophile French surgeon blame systemic failure

A French surgeon to stand trial over raping or sexually assaulting almost 300 patients, mostly children, practised for decades right up until his retirement despite a conviction for owning abusive images of children and colleagues sounding the alarm, an AFP investigation shows.

Tech rally helps Hong Kong lead Asian markets higher

Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.

UN nuclear chief to view soil removed from Fukushima

The UN nuclear watchdog chief arrives in Japan on Tuesday for a trip that will include his first visit to storage facilities for soil contaminated in the 2011 Fukushima disaster.

Horizon Kinetics Holding Corporation Announces Date of Annual Meeting and Related Deadlines

NEW YORK CITY, NY / ACCESS Newswire / February 18, 2025 / Horizon Kinetics Holding Corporation (the "Company") today announced that its 2025 annual meeting of stockholders (the "Annual Meeting") will be held on Tuesday, June 17, 2025. The advance notice deadline for stockholder proposals or nominations pursuant to Section 2.4 of the Company's Bylaws is March 19, 2025. The deadline for submission of stockholder proposals pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, is April 14, 2025.

Gladstone Commercial Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2024

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment.

CIX Summit Honours Clio as the 2025 Innovator of the Year

Celebrating Legal Tech Transformation, Jack Newton, CEO and Founder to Accept Award

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