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economy Archives - Page 6 of 21 - ViewusGlobal

#economy (420 Posts)

  • China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic Meltdown China’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
  • Shocking Truth Behind China’s AI Surge—What the U.S. Can Learn from Their Success China may soon surpass the U.S. in AI, with U.S. export controls potentially accelerating China's advancements rather than hindering them.
  • North Korea’s Propaganda Push: Kim Jong Un Seizes Flood Crisis to Boost His Power North Korea's state media urges unity around Kim Jong Un amid economic challenges and flood recovery issues, promoting ideological loyalty.
  • China's EV Market Hits Rough Patch: Over 100 Companies Struggling Amid Price Wars and Subsidy Cuts North Korean hacking targets South Korean defense; global cybersecurity shortages drive U.S. salaries up, surpassing South Korean rates.
  • GM Hits Pause on Major Lithium Project Amid Trump Concerns GM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
  • North Korean Market Meltdown: How Floods and a Rising Dollar Are Crushing Residents North Korea's inflation has surged, with food prices rising 2% to 7% due to a stronger U.S. dollar and stalled flood recovery efforts.
  • Apple and NVIDIA Eye Massive Investment in OpenAI—What This Means for AI’s Future Apple and NVIDIA are exploring significant investments in OpenAI, with Thrive Capital leading a $1 billion funding round.
  • Hyundai and Kia Earn 'A' Credit Ratings from Major Agencies Hyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
  • Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to Know Indonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
  • From Buffett’s Desk to $1 Trillion: How Berkshire Hathaway Achieved This Milestone Berkshire Hathaway, led by Warren Buffett, has reached a $1 trillion market cap for the first time, surpassing major tech firms.
  • First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine Shutdown First Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
  • Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13% Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July.
  • KOSPI Falls Over 1% Despite Strong Nvidia Earnings: 'Expectations Were Too High' Nvidia's Q2 revenue surpassed expectations but fell short of market hopes, leading to declines in major Korean semiconductor stocks.
  • Nvidia Posts Record Q2 Earnings but Stock Falls as Market Expectations Remain High Nvidia's strong Q2 earnings and upbeat Q3 guidance led to a stock drop, reflecting the market's high expectations.
  • Typhoon Shanshan to Hit Japan: Hundreds of Thousands Evacuate as Powerful Storm Approaches Typhoon Shanshan, one of Japan’s strongest ever, is nearing, causing evacuations, cancellations, and significant disruption across Japan.
  • UBS Ups U.S. Recession Risk as Job Market Slows Down UBS increased the probability of a U.S. recession to 25% amid weak job growth and rising unemployment, citing an uncertain economic outlook.
  • Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring? As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
  • U.S. Government Pumps $50 Million into HP for Cutting-Edge Semiconductor Tech The U.S. government is granting $50 million to HP for semiconductor tech, boosting life sciences and AI equipment production.
  • 90% of CEOs in South Korea Think AI Will Boost Their Strategic Moves—Here’s How Over 90% of South Korean CEOs believe AI can aid strategic decision-making, enhancing data analysis and efficiency.
  • NVIDIA’s Big Reveal: Analysts Predict Smaller Shock in Upcoming Earnings Analysts expect NVIDIA's earnings report to show less surprise, with key focus on profit margins and guidance.
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