As we have detailed, the Trump administration’s laissez-faire attitude toward major mergers and acquisitions has persuaded a growing number of companies “to take a shot at deals that merge direct competitors,” The Wall Street Journal reported after talking with executives, investment bankers, and lawyers in the field.
China’s leading smartphone makers now offer apps that enable iPhone users to switch smoothly to domestically made phones.
To revive its flagging fortunes, luxury house Kering must continue to close stores, rethink its pricing strategy, seek synergies with other retailers, and reduce its dependence on flagship brand Gucci, CEO Luca de Meo said in a recent memo to senior staff.
Artificial intelligence fever has swept Taiwan, lifting the island nation’s GDP by 8 percent in this year’s third quarter. However, that growth has overshadowed the country’s larger economic weakness.
The Brothers of Italy, prime minister Giorgia Meloni’s ruling political party, has proposed that the gold now on the balance sheet of the Bank of Italy, should be declared the property of the Italian people.
European drivers have discovered plug-in hybrid gas-electric cars (PHEVs), extending the market life of internal combustion engines and validating Toyota’s strategic decision years ago to focus on hybrids instead of all-electric cars (EVs).
Next year, for the first time, India’s growth in oil consumption will be greater than China’s, chief economist Saad Rahim at commodities trader Trafigura Group told the Financial Times Asia Commodities Summit last week.
India’s stock market is performing less well than the exchanges of other emerging economies and doing so by the widest margin this century, the Financial Times reported.
At its debut last week on Shanghai’s stock market, Moore Threads—a maker of graphics processing units for artificial intelligence (AI) that is often referred to as “China’s Nvidia”—saw its share price soar 400 percent.
In 2026, China will again set a modest 5-percent GDP growth target, repeating the goal it set for 2025, according to government advisors and officials who spoke to Reuters.