The recent parliamentary election in France has sparked concerns among investors, leading to a rise in the country’s risk premium. According to Citi, while the market has priced in the possibility of a benign outcome or gridlock, two potential scenarios have not been fully accounted for. The far-right Rassemblement National (RN) party and the left-wing
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H&M, the world’s second largest retailer, faced a major setback as its shares plunged more than 14% in response to its second-quarter performance. The company reported a smaller-than-expected increase in profits for the period between March and May. Operating profit came in at 7.1 billion Swedish kroner, falling short of the anticipated 7.37 billion Swedish
Despite growing concerns about the U.S.-China relations and the overall business environment, a recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term. The annual survey conducted by the China General Chamber of Commerce in the U.S. revealed that nearly 60% of companies aim to
Chinese Premier Li Qiang recently defended the country’s technological development during the opening of the World Economic Forum’s “Summer Davos” meeting in Dalian, China. He emphasized that China’s rapid advancements in new industries are a result of its unique comparative advantages. These advantages include the country’s large market, industrial network, labor force, diverse application scenarios,
The European Union regulators recently announced that Apple is in violation of new tech regulations due to its restrictions on customers in the App Store. The EU opened an investigation into Apple, Alphabet, and Meta earlier this year under the Digital Markets Act (DMA) to address the dominance of Big Tech companies. The focus of
Recent talks between China and the European Union regarding proposed tariffs on Chinese electric vehicles (EVs) have sparked a dialogue between the two economic powerhouses. The move comes in response to the EU’s concerns about the alleged subsidies received by Chinese companies, leading to an imbalance in the global market. The implications of these discussions
The United States recently issued draft rules aimed at banning or mandating notification of certain investments in the technology sector in China, with a focus on artificial intelligence (AI) and other critical areas that could pose a risk to U.S. national security. These proposed regulations are part of a broader initiative by President Joe Biden
China’s investment in its electric car industry has been substantial, with a total of $230.8 billion spent over the span of more than a decade. This investment accounts for 18.8% of total electric car sales between 2009 and 2023. This significant scale of government support has helped to propel the growth of the industry within
When it comes to investing in tech, the spotlight is often on big names like Nvidia, Alphabet, and Microsoft. However, according to Trent Masters, portfolio manager at Alphinity Investment Management, there is one stock that has been flying under the radar – telecommunications company Motorola Solutions. Despite being overshadowed by other tech giants, Masters describes
Social media algorithms have revolutionized the way brands approach advertising, creating a more meritocratic environment that has shifted the focus from traditional marketing methods. According to VaynerMedia CEO Gary Vaynerchuk, the emergence of AI algorithms in social media platforms has changed the game entirely. In the past, brands would amass followers and hope that a