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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForward Party's Andrew Yang: Voters sense 'enormous drop off' between Pres. Biden and everyone elseHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Andrew Yang, Pres . Biden, Brian Sullivan, Organizations: CNBC
SYDNEY (Reuters) - Tens of thousands of residents across Australia's Victoria state remained without power on Wednesday after wild weather knocked down transmission lines, forcing a major power plant to disconnect from the grid, while strong winds fanned bushfires. AGL's Loy Yang A power station, responsible for about a third of the state's power, had to shut down on Tuesday afternoon impacting half a million properties, which officials said was one of the largest outages in Victoria's history. Some properties were completely destroyed by fire with the exact number to be confirmed after fire crews finish their rescue efforts. Firefighters are battling to contain three bushfires, but better weather conditions could help crews to contain the fires quickly, Heffernan said. Australia's weather bureau forecast milder conditions on Wednesday with temperatures in the low to mid-20 degree Celsius (68°F) and moderate winds, but warned the risk was not over yet.
Persons: AGL's Loy Yang, Clare O'Neil, We've, O'Neil, Jason Heffernan, Heffernan, Renju Jose, Bill Berkrot Organizations: SYDNEY, Mobile, Federal Home Affairs, ABC, Firefighters Locations: Australia's Victoria, Melbourne, Hotham, Victoria's, Victoria, Sydney
CNN —China’s 19-year-old swimming phenom, Pan Zhanle, recorded the fastest 100 meters in history on Sunday as he smashed the men’s freestyle world record and established himself as the pacesetter ahead of the forthcoming Paris Olympics. “Breaking the world record just came naturally. Chinese men's 4x100 meter freestyle world championship gold medallists Wang Haoyu, Zhang Zhanshuo, Ji Xinjie and Pan Zhanle. Ian MacNicol/Getty ImagesPan is the first Chinese male to hold the world record in the event. The two other Chinese world record holders in history are Zhang Lin, whose 800m freestyle swim from 2009 still stands, while controversial compatriot Sun Yang has held the 1,500m freestyle since 2012.
Persons: CNN —, Pan Zhanle, Pan, David Popovici, , , ” Pan, Wang Haoyu, Zhang Zhanshuo, Ji Xinjie, Zhanle, Ian MacNicol, Zhang, Qin Haiyan, Zhang Lin, Sun Yang Organizations: CNN Locations: Paris, Doha, Romanian, Zhejiang, Fukuoka, Japan, China, Italy
Chinese zodiac fortune predictions for 2024
  + stars: | 2024-02-09 | by ( Maggie Hiufu Wong | ) edition.cnn.com   time to read: +19 min
Natalie Leung/CNN, Adobe StockMonkeys are going to have a relatively stable year. Natalie Leung/CNN, Adobe Stock“This year, you may have to work a bit harder and work longer hours than usual. Natalie Leung/CNN, Adobe Stock“It isn’t the worst year but there are going to be some challenges. Natalie Leung/CNN, Adobe Stock“According to ancient Chinese philosophy, Tigers and Dragons have a complicated relationship. Natalie Leung/CNN, Adobe StockAll you Rabbits can give yourself a pat on the back.
Persons: Hong Kong CNN —, There’s, , Chen, , Thierry Chow, CNN Chow, floristry, “ It’s, Chow, Xuan, Duke, Jupiter, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Tai Sui –, Tai Sui, Natalie Leung, Ben Ming Nian, “ Let’s, Ben Ming, “ You’ll, Ma Xing, , it’s, It’s, there’s, ” Chow, Xing Tai Sui Organizations: Hong Kong CNN, CNN, Shui, China News Service, Spring, Reuters Workers, Adobe, Adobe Stock, Adobe Stock People, , Roosters, Tiger Tigers, Dragons, Tigers Locations: Hong Kong, Asia, Xuan Kong, Xi'an, Shaanxi Province, China, Beijing, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province
“I thought that was quite a lengthy conversation, from 9 a.m. to almost 9 p.m.,” Mr. Seck said. “I make decisions, 90 percent based on gut instinct,” she said. Thinking is good, but when you feel something and you want to do it, you have to just jump.”But Mr. Seck was more hesitant. Then, on March 9, 2023, Mr. Seck’s birthday, Ms. Yang invited him to Oiji Mi, a Korean restaurant on West 19th Street. After dinner, they went to Mr. Seck’s apartment and she told him to make a choice.
Persons: Yuna Yang, Christopher Mun, Yin Seck, ” Mr, Seck, Yang, , , Oiji Organizations: Argentina, Mr Locations: New York, Korean
Casting directors are some of the most important creatives in entertainment but have never been celebrated as such on Hollywood’s biggest night. “Casting directors play an essential role in filmmaking, and as the Academy evolves, we are proud to add casting to the disciplines that we recognize and celebrate,” Academy CEO Bill Kramer and Academy President Janet Yang said in a joint statement. The casting directors' branch was created in July 2013 and currently has nearly 160 members. Photos You Should See View All 15 Images“This award is a deserved acknowledgment of our casting directors’ exceptional talents and a testament to the dedicated efforts of our branch,” said Academy Casting Directors Branch governors Richard Hicks, Kim Taylor-Coleman and Debra Zane in a statement. Casting directors, and stunt performers, have long lobbied for an Oscar category to recognize their specific contributions to film.
Persons: Oscar ”, Bill Kramer, Janet Yang, , , Richard Hicks, Kim Taylor, Coleman, Debra Zane Organizations: Academy of Motion Picture Arts, Sciences, , Academy,
By Heekyong Yang and Josh SmithSEOUL (Reuters) - The release of hidden camera footage showing South Korea's first lady accepting a Dior bag as a gift was a "political manoeuvre", President Yoon Suk Yeol said on Wednesday, but vowed to draw clearer lines to ensure such incidents do not happen again. The comments were his first public response to a controversy, dubbed the "Dior bag scandal" by local media, that has roiled his ruling party ahead of a key election in April. "What's important is to set clearer boundaries with others to prevent something like this from happening in the future." A Gallup Korea weekly poll on Friday showed that Yoon's approval ratings had fallen to 29%, the lowest in nine months. (Reporting by Heekyong Yang and Josh Smith; Additional reporting by Ju-min Park, Editing by Kylie MacLellan)
Persons: Heekyong Yang, Josh Smith SEOUL, Dior, Yoon Suk Yeol, Kim Keon Hee, Yoon, it's, Kim's, Abraham Choi, Josh Smith, Kylie MacLellan Organizations: People Power Party, KBS, Reuters, Gallup Korea Locations: North Korea, April's
Beijing CNN —Blizzards and freezing rain have brought massive disruption to China’s peak Lunar New Year travel rush, leaving drivers stuck in cars on icy highways and passengers struggling to rebook canceled trains and flights. Sections of 90 major highways impacted by snow and ice were closed across China as of Tuesday morning, according to state-affiliated Beijing News. Others show crowds of stranded passengers in train stations, in one case with an announcement blaring: “No trains are leaving today. Tang flipped through his camera, where images showed piles of snow on both sides of the road and a long traffic jam. Another wave of precipitation is forecast through midweek slightly further south than the snow over the weekend, according to CNN Weather.
Persons: Yang Guang, Tang Zitao, Tang, , we’d, It’s Organizations: Beijing CNN, Visual China, CNN, Spring, CNN Weather Locations: China, Beijing, Hubei, Anhui, Wuhan, Henan province, Tang
BEIJING (Reuters) - Research being carried out by a Chinese vessel calling at a port in the Maldives is exclusively for peaceful purposes and enhancing scientific understanding, the Chinese foreign ministry said on Tuesday as the research vessel is set to arrive in the island nation. The Xiang Yang Hong 3 will "make a port call, for rotation of personnel and replenishment", the Maldivian foreign ministry had said in a statement in January. The presence of the vessel is likely to raise the concern of India, which has previously viewed such vessels close to its shores as problematic. (Reporting by Joe Cash; Writing by Bernard Orr; Editing by Tom Hogue)
Persons: Xiang Yang Hong, Joe Cash, Bernard Orr, Tom Hogue Locations: BEIJING, Maldives, Maldivian, India
A Beijing court on Monday handed Australian writer Yang Hengjun a suspended death sentence, five years after he was first detained in China and three years after a closed-door trial on espionage charges. Yang's sentence was confirmed by another human rights lawyer in Beijing who has been following his case. Yang's family was "shocked and devastated by this news, which comes at the extreme end of worst expectations", said a family spokesman in Sydney. Australia had said it was troubled by repeated delays in Yang's case, and had advocated for his well-being, including access to medical treatment "at the highest levels". A Beijing court heard Yang's trial in secret in May 2021 and the case against him has never been publicly disclosed.
Persons: Yang Hengjun, Yang, Feng Chongyi, Penny Wong, Wong, Dr Yang Organizations: Australian Locations: Beijing, China, Australian, New York, Guangzhou, Sydney, Australia, United States
China's then ambassador to Australia says that in response to the call, the Chinese public would boycott Australian wine, beef and tourism. Nov. 27, 2020 - China will impose temporary anti-dumping tariffs on Australian wine, China announces. Jan. 3, 2023 - China allows three government-backed utilities and its top steelmaker to resume coal imports from Australia. Oct. 11, 2023 - China releases Australian journalist Cheng Lei after three years in a Beijing prison on national security charges. Oct. 22, 2023 - China agrees to review dumping tariffs of 218% on Australian wine, potentially clearing way for the resumption of imports.
Persons: Yang Hengjun, Anthony Albanese, China's, Cheng Lei, Albanese, Xi Jinping, Jan, Li, Kirsty Needham, Antoni Slodkowski, Gerry Doyle Organizations: SYDNEY, South China, Huawei Technologies Co, Australia's Labor Party Locations: Beijing, Canberra, China, South, Australia, Indonesia, Japan
An Australian writer and businessman who has been detained in China since 2019 has been declared guilty of espionage and was given a death sentence with two years’ probation on Monday, in a blow to warming relations between Australia and China. If Mr. Yang does not commit any crimes in those probationary two years, the sentence can be commuted to life imprisonment, Penny Wong, the Australian foreign minister, said in a statement. She described the verdict as “harrowing.”The long detention of Mr. Yang — who is also known by his legal name, Yang Jun — has been one of the sources of tensions between Australia and China. Now the severe sentence may again weigh on relations, which had been improving after the election of a new, center-left Labor government in Australia in 2022. The prime minister, Anthony Albanese, visited Beijing late last year and has pressed for Mr. Yang’s release.
Persons: Yang Hengjun, Yang, Penny Wong, Yang —, Yang Jun —, Anthony Albanese Organizations: China’s Ministry of Foreign Affairs, Labor Locations: Australian, China, Australia, Beijing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe AI boom is really something foundational, says Redpoint Ventures' Geoff YangGeoff Yang, Redpoint Ventures partner and co-founder, joins 'Squawk Box' to discuss the Big Tech earnings, the AI revolution, impact on the tech sector, and more.
Persons: Geoff Yang Geoff Yang Organizations: Redpoint, Redpoint Ventures, Big Tech
Malaysia has a new billionaire king who has his own army, a fleet of private jets, and 300 luxury cars, including one apparently gifted by Adolf Hitler. King of Malaysia Sultan Ibrahim Iskandar (right) speaks with Malaysia's Prime Minister Anwar Ibrahim (left) after the oath-taking ceremony. AdvertisementAccording to Bloomberg, the Johor family is worth an estimated $5.7 billion. In a resurfaced 2013 interview posted to YouTube in 2017, Sultan Ibrahim said Hitler was a friend of his great-grandfather. AdvertisementSultan Ibrahim's wife, Raja Zarith Sofiah, is from another royal family, an Oxford graduate, and a children's books author, according to the Associated Press.
Persons: Adolf Hitler, Sultan Ibrahim Iskandar, Malaysia Sultan Ibrahim Iskandar, Anwar Ibrahim, MOHD RASFAN, Sultan Ibrahim —, Yang di, Pertuan, Sultan Ibrahim, Hitler, Harley, Sultan Ibrahim's, HASNOOR HUSSAIN, couldn't, Mahathir Mohamad, Mohamad, Raja Zarith Sofiah Organizations: Malaysia's, Singapore Straits Times, Business, Bloomberg, Ferrari, Getty, Reuters, U Mobile, ABC News, YouTube, Davidson, Guardian, Sydney Morning Herald, Associated Press Locations: Malaysia, Malaysia Sultan, Johor, Singapore, Great Britain, England, Kuala Lumpur, Malaysian, Oxford
Malaysia Installs Sultan Ibrahim of Johor State as New King
  + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
KUALA LUMPUR (Reuters) - Malaysia's Sultan Ibrahim from the southern state of Johor was sworn in as the country's new king on Wednesday, taking the oath of office in a ceremony at the national palace in Kuala Lumpur. The monarchy plays a mostly ceremonial role in Malaysia, but its influence has grown in recent years, prompting the king to wield rarely-used discretionary powers to quell political instability. Sultan Ibrahim, 65, succeeds Al-Sultan Abdullah Sultan Ahmad Shah, who is returning to lead his home state of Pahang after completing his five-year tenure as king. While the monarchy is largely seen as above politics, Sultan Ibrahim has been noted for his forthrightness and outsized personality, often weighing in on the country's political issues. Known for his large collection of luxury cars and motorbikes, Sultan Ibrahim has wide-ranging business interests from real estate to mining, including a stake in Forest City - a $100-billion China-backed land reclamation and development project off Johor.
Persons: Sultan Ibrahim, Yang, Al, Sultan Abdullah Sultan Ahmad Shah, Rozanna Latiff, Danial Azhar, Martin Petty Organizations: Reuters Locations: KUALA LUMPUR, Johor, Kuala Lumpur, Malaysia, Pahang, Forest City, China
What It Took Young People in China to Get Their Jobs Not long ago, China’s economy was the envy of the world. We spoke to five young Chinese about what it took to find their jobs amid such uncertainty. Now, those boom years are fading, as are many young people’s hopes — with unpredictable consequences for China and the world. Ethan Yi, Class of 2022Qilai Shen for The New York TimesLooking back, Ethan Yi thinks he had been a little entitled, or at least naive. “I think it’s not good for young people to be too comfortable,” she said.
Persons: , hesitating, , people’s, Nadia Yang, Fiona Qin, Qilai Shen, Ethan Yi, Yi, , Phoebe Liu, Gilles Sabrié, Liu, ” Tsuki Jin, The New York Times Tsuki Jin, Jin, Ms Organizations: The New York Times Locations: China, Beijing, Shanghai
A South Korean lawmaker was attacked in the head with a blunt object in Seoul on Thursday and taken to a hospital where she was being treated for injuries that were not life-threatening, according to her staff and physicians. Bae Hyunjin, of the ruling People Power Party, is the second South Korean politician to be physically assaulted while in public in less than a month. Yang Jaeyu, her chief of staff, said that the attacker approached her asking, “Are you the People Power Party lawmaker Bae Hyunjin?” twice before striking her with what he called a “rocklike object.”Security camera footage shared by her office showed the assailant walking through a doorway closely behind her before repeatedly hitting the lawmaker as she fell over backward onto the floor and tried to resist the attack.
Persons: Bae Hyunjin, Yang Jaeyu, Organizations: Power Party, South, People Power Party Locations: Seoul, South Korean
The problem with this approach is that most Republican voters do not want an alternative to Trump; they overwhelmingly back him. At least that’s what the Nikki Haley campaign said after finishing second to former President Donald Trump in the New Hampshire primaries on Tuesday. Democratic nominee Bill Clinton and third-party candidate Ross Perot exploited that division in the Republican Party against Bush in the fall. The Republican Party is united behind Trump, and with optimal conditions for an opponent like Haley, Trump was still unstoppable. “Democrats deserve options, and it’s not clear at all that President Biden can beat Donald Trump.
Persons: Raul A, Reyes, Nikki Haley’s, Nikki Haley, Donald Trump, bode, Reyes CNN Haley, Trump, Haley, , CNN’s Dana Bash, That’s, it’s, Trump …, Nikki, , She’s, Paul Begala, Donald Trump’s, Paul Begala CNN Trump, Joe Biden, Reagan, Bush, Bill Clinton’s, Clinton, Ana Marie Cox, Ana Marie Cox Faith Fonseca, ” Trump, Biden, Jamal Simmons, Biden’s, he’s, Dean Phillips, Jimmy Carter, Edward Kennedy, Kennedy, Carter, Republican Ronald Reagan, George H.W, Pat Buchanan, Bill Clinton, Ross Perot, Eugene McCarthy’s, Lyndon Johnson, Marianne Williamson, Sen, Bernie Sanders, Pramila, Kamala Harris, Daniel McCarthy, John McCain, George W, Ron DeSantis, Biden —, , Rizwan Virk, Williamson, Sanders, Andrew Yang, Dean Philips, Yang, ” Rizwan Virk, Patrick T, Brown, Barack Obama, Dozens, Scott Walker, Jeb Bush, South Carolina Sen, Tim Scott, Texas Sen, Ted Cruz, Florida Sen, Marco Rubio, John Kasich, Cruz, Sophia A, DeSantis, Nelson Stephanie Honikel, Harris, Nelson, Tuesday’s, Phillips ’, Phillips, Arick, Michael Bloomberg Organizations: CNN, GOP, South Carolina Gov, Republican, Reyes CNN, Trump, Independents, Polling, White, USA, Twitter, New, South, Biden, diehard Republicans, New Hampshire, Republican Party, Bush Republicans, NATO, Republicans, Democratic, Minnesota Rep, Hamas, Washington Rep, Former South Carolina Gov, mavericks, New Hampshire Democratic, Florida Gov, The, Syndicate, Democratic Party, Democrat, Labs, MIT, Physics, Eastern, Arizona State University’s College of Global Futures, Wisconsin Gov, Ohio Gov, Public Policy Center, Economic, Florida’s, America, Trump Party, Congressional, UN, Tuesday’s New, Tuesday’s New Hampshire Democratic, Democratic National, Biden –, Medicare, New York Locations: Iowa, New Hampshire, South Carolina, America, Granite, Trump, Michigan, New Hampshire , Iowa, Austin, Israel, Vietnam, Granite State . South Carolina, Gaza, Yemen, Ukraine, Vermont, Wisconsin, Florida, Texas, Ohio, New York, Washington , DC, Virginia, Minnesota, Tuesday’s New Hampshire, Hampshire
The Maldives foreign ministry confirmed local media reports that research vessel Xiang Yang Hong 3 was headed to the Maldives. The ship arrives amid a diplomatic dispute between the Maldives and its giant neighbor India. Pro-China Muizzu was elected to office in November on a platform to evict Indian military personnel stationed in the Maldives. At least 75 Indian military personnel are said to be stationed in the Maldives, and Muizzu had accused his predecessor of compromising national sovereignty by allowing Indian personnel on Maldivian islands. The known activities of the Indian military include operating aircraft and assisting in the rescue of people stranded or faced with calamities at sea.
Persons: Xiang Yang Hong, Narendra Modi, Modi, Mohamed Muizzu, Muizzu, China Muizzu Organizations: , Indian Locations: COLOMBO, Sri Lanka, Maldives, India, China, Male, , Lakshadweep, Asia, Africa, Europe, Maldivian
Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Altman was temporarily booted from OpenAI in November in a shock move that laid bare concerns around the governance of the companies behind the most powerful AI systems. In a discussion at the World Economic Forum in Davos, Altman said his ouster was a "microcosm" of the stresses faced by OpenAI and other AI labs internally. "We're already seeing areas where AI has the ability to unlock our understanding ... where humans haven't been able to make that type of progress. Avoiding a 's--- show'Altman wasn't the only top tech executive asked about AI risks at Davos.
Persons: Sam Altman, Google's DeepMind, Salesforce, Altman, chatbot, We've, it's, Aidan Gomez, OpenAI, Gomez, CNBC's Arjun Kharpal, AGI, it'll, Lila Ibrahim, Ibrahim, CNBC's Kharpal, who've, haven't, Marc Benioff, Elon Musk, Steve Wozniak, Andrew Yang, Geoffrey Hinton, Hinton, Benioff Organizations: Economic, Bloomberg, Getty, Microsoft, Union, ABC News, ABC, OpenAI, CBS Locations: Davos, Switzerland, United States, Cohere, Hiroshima
Seoul Police Chief Indicted Over Halloween Crush
  + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +1 min
SEOUL (Reuters) - South Korean prosecutors have indicted the head of the Seoul Metropolitan Police Agency​, charging him with contributing through negligence to the Halloween crowd crush in Seoul in 2022​ that killed nearly 160 people, according to the Seoul Western District Prosecutors Office. The indictment of Seoul police chief Kim Kwang-ho came more than a year after the crowd crush in October 2022, which killed 159 people on a Halloween weekend in the entertainment district of Itaewon in capital Seoul. Kim is the highest-ranking police official charged in connection with the crowd crush. In January last year, a special investigation team referred Kim and 22 other police, rescue and district office officials to the prosecution on charges related to the government's inadequate response to the stampede. (Reporting by Heekyong Yang; editing by Giles Elgood)
Persons: , Kim Kwang, Kim, Heekyong Yang, Giles Elgood Organizations: Seoul Metropolitan Police Agency, Seoul Western, Prosecutors Office Locations: SEOUL, Seoul, Itaewon
PETERBOROUGH, N.H. (AP) — Trying to upset President Joe Biden in New Hampshire's primary, Democratic challenger Dean Phillips is running a TV ad across the state comparing him to Bigfoot — the argument being both are hard to find. "So I challenged myself to find President Biden in New Hampshire during this primary season. He pushed through Democratic rule changes that prioritized voters of color, deemphasizing New Hampshire's primary. But New Hampshire Democratic Party Chair Ray Buckley, who once warned that the new calendar meant a major Democratic challenger could embarrass Biden, now says his write-in campaign should easily prevail. That means Biden supporters could vote in the Republican primary, where Trump and former U.N.
Persons: Joe Biden, Dean Phillips, Biden, ” Biden, , Phillips, Marianne Williamson, Donald Trump, Trump, There’s, , Angela Brennan, ” Phillips, Andrew Yang, Yang, cued, Yang wasn’t, , it’s, , Biden “, Peter Leishman, ” Leishman, Ray Buckley, ” Buckley, Williamson, trumpeting Biden, Kathy Sullivan, “ I’ve, ” Sullivan, ” Ellen Lavoie Cooke, “ I’m, Desmond Kager, I’ll, Nikki Haley, Tracy Moloney, she'd, he's, Moloney, Rodrigue Ngowi Organizations: Democratic, Dartmouth, Trump, White, New Hampshire Democratic, New Hampshire, Democratic Party, New, AFL, Granite, New Hampshire Democrats, Social, Biden, Republicans, Republican, GOP, Dartmouth College Locations: PETERBOROUGH, N.H, New, New Hampshire, Minnesota, Hampshire, Peterborough, Portsmouth, America, Dover, American, Plymouth, , Portsmouth , New Hampshire
In today's big story, we're looking at the ultimatum Elon Musk gave Tesla's board amid a critical time for the company. The big storyElon's ultimatumREUTERS/Steve NesiusUltimatums rarely work in relationships, but what about between CEOs and the massive companies they run? Elon Musk is about to find out. Musk, who has roughly a 13% stake in the EV maker, said if his request isn't met, he'll "prefer to build products outside of Tesla." Meanwhile, Ross Gerber, a longtime Tesla bull, said it's "absurd" to think Musk doesn't already have control over Tesla and described his request as "blackmailing the Tesla shareholders."
Persons: , Antony Blinken, Elon Musk, Steve Nesius Ultimatums, Elon, isn't, didn't, Wedbush's Dan Ives, Musk's, Ross Gerber, Tesla, Dow Jones, George Glover, That's, cowering, Caspar Benson, Jamie Dimon, dory, Trump, Ray Dalio, Biden, Evan Spiegel's, Hokyoung Kim, They've, Kristen Stewart, Christopher Nolan, Maite Alberdi, Celine Song, Eugene Lee Yang, Dave Bautista, Kevin Costner, Estelle, AA Milne, Jay Chou, Jennifer Ortakales Dawkins Organizations: Service, Boeing, Business, Tesla, EV, Apple, Microsoft, Nvidia, Getty, Intellia Therapeutics, Shoals Technologies, JPMorgan, Biden, Bridgewater Associates, Trump, Alliance, Helicopter, BI, Sundance, Northern Trust Locations: Switzerland, Tesla, Northern
Apple faces an array of challenges in China. Photo: Cfoto/NurPhoto/Zuma PressApple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market. The tech giant is running a promotion from Thursday through Sunday in China in which it is cutting the price of iPhones by the equivalent of up to $70. Other products will be discounted by up to $110. The promotion comes ahead of the weeklong Lunar New Year holiday beginning Feb. 10, a customary gift-giving season in China.
Persons: NurPhoto, Zuma Press Apple Organizations: Apple, Zuma Press Locations: China
TOPSHOT - This aerial photo taken on October 31, 2021 shows buildings of China's developer Country Garden Holdings in Zhenjiang, in China's eastern Jiangsu province. China's largest developer Country Garden Holdings reported a record 96 percent on-year drop in its first-half earnings on August 30, 2022, in the latest grim illustration of the economic chaos coursing through the country's property sector. China's largest private property developer, Country Garden, expects the property market will remain weak in 2024 and the company could face more, "severe" challenges, its top management said. Country Garden, which defaulted on its $11 billion worth of offshore bonds in October and extended repayments on its onshore notes last year, is among a long list of developers facing a cash crunch since being hit by a debt crisis in mid-2021. "The challenges to be faced by the company this year may be more severe than we imagine; we have to respond calmly," Country Garden President Mo Bin said.
Persons: Yang Huiyan, Mo Bin, Yang Organizations: Garden Holdings, Weibo Locations: Zhenjiang, China's, Jiangsu
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