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Donald Trump's Tariffs Bite Into Restaurant Profits In US
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Trump introduced Tariffs.
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China's Tesla Y Rivalling Xiaomi YU7, Bags Nearly 3 Lakh Orders In An Hour
Xiaomi's Hong Kong-listed shares soared eight per cent at one point before paring their gains but ending at a record high.
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Chinese Firm Faces Backlash For Penalising Workers For Mirror Gazing, Snacking
A senior executive at a Hong Kong stock market-listed company issued the notice, informing about the fines for various offences.
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8 Must-Have Ingredients For Authentic Indo-Chinese Cooking
In this article, we'll be sharing eight must-have ingredients that you must stock up on in your pantry before you start your cooking adventure.
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US-China Trade War: Trump's Tariff Tsunami Sparks Meme Blizzard
Beijing has refused to back down, and the situation is heading towards an all-out trade war.
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China's BYD Registers Record Annual Revenue, Beats Tesla
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the Shenzhen-based firm accelerates its overseas expansion.
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Chatbot Threating National Security? Why Countries Are Banning DeepSeek AI
Chinese AI chatbot DeepSeek upended the global industry and wiped billions of US tech stocks when it unveiled its R1 programme, which it claims was built on cheap, less sophisticated Nvidia semiconductors.
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Opinion | What An Indian 'Thali' Can Tell Us About DeepSeek
The timing of DeepSeek's release is such that Trump may think twice about slapping trade restrictions on China in some spheres, while investors may ponder on the most optimal way to spread their bets.
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Nvidia, Other AI Stocks Crash After Buzz Around China's DeepSeek
Stocks of global tech giants Nvidia Corp and ASML Holding NV fell after growing buzz around Chinese startup DeepSeek's latest AI model.
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Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
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Chinese Billionaire's Fortune Cut By Half As Company Stock Implodes: Report
JD.com lags behind competitors including Alibaba and PDD Holdings when it comes to attracting merchants and distributors that sell low-cost goods.
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Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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Stocks Of China's Baidu At 11-Month High As It Announces ChatGPT-Style AI Bot
Chinese tech company Baidu Inc. said on Tuesday that internal testing of the ChatGPT-inspired project "Ernie Bot" would be finished in March.
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China Lashes Out Against New US Chip Export Rules Aimed at Hobbling Its Semiconductor Industry
China has lashed out at the newly announced US export controls that are aimed at making it difficult for the semiconductor industry in China to gain access to or manufacture advanced, high-performance computing chips and semiconductor manufacturing equipment. The US also announced license requirements for items that would be used in a supercomputer...
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
-
Donald Trump's Tariffs Bite Into Restaurant Profits In US
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Trump introduced Tariffs.
-
China's Tesla Y Rivalling Xiaomi YU7, Bags Nearly 3 Lakh Orders In An Hour
Xiaomi's Hong Kong-listed shares soared eight per cent at one point before paring their gains but ending at a record high.
-
Chinese Firm Faces Backlash For Penalising Workers For Mirror Gazing, Snacking
A senior executive at a Hong Kong stock market-listed company issued the notice, informing about the fines for various offences.
-
8 Must-Have Ingredients For Authentic Indo-Chinese Cooking
In this article, we'll be sharing eight must-have ingredients that you must stock up on in your pantry before you start your cooking adventure.
-
US-China Trade War: Trump's Tariff Tsunami Sparks Meme Blizzard
Beijing has refused to back down, and the situation is heading towards an all-out trade war.
-
China's BYD Registers Record Annual Revenue, Beats Tesla
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the Shenzhen-based firm accelerates its overseas expansion.
-
Chatbot Threating National Security? Why Countries Are Banning DeepSeek AI
Chinese AI chatbot DeepSeek upended the global industry and wiped billions of US tech stocks when it unveiled its R1 programme, which it claims was built on cheap, less sophisticated Nvidia semiconductors.
-
Opinion | What An Indian 'Thali' Can Tell Us About DeepSeek
The timing of DeepSeek's release is such that Trump may think twice about slapping trade restrictions on China in some spheres, while investors may ponder on the most optimal way to spread their bets.
-
Nvidia, Other AI Stocks Crash After Buzz Around China's DeepSeek
Stocks of global tech giants Nvidia Corp and ASML Holding NV fell after growing buzz around Chinese startup DeepSeek's latest AI model.
-
Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
-
Chinese Billionaire's Fortune Cut By Half As Company Stock Implodes: Report
JD.com lags behind competitors including Alibaba and PDD Holdings when it comes to attracting merchants and distributors that sell low-cost goods.
-
Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
-
Stocks Of China's Baidu At 11-Month High As It Announces ChatGPT-Style AI Bot
Chinese tech company Baidu Inc. said on Tuesday that internal testing of the ChatGPT-inspired project "Ernie Bot" would be finished in March.
-
China Lashes Out Against New US Chip Export Rules Aimed at Hobbling Its Semiconductor Industry
China has lashed out at the newly announced US export controls that are aimed at making it difficult for the semiconductor industry in China to gain access to or manufacture advanced, high-performance computing chips and semiconductor manufacturing equipment. The US also announced license requirements for items that would be used in a supercomputer...
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
