HUAI’AN, CHINA – APRIL 29, 2024 – A worker produces chips for mobile phones, cars, LED lighting at a workshop in Huai ‘an city, Jiangsu province, China, April 29, 2024. Costfoto | Nurphoto | Getty Images China is scrambling to counter U.S. chip restrictions, but its attempts at manufacturing key equipment reveal it’s not just … Read more
The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024. CFOTO | Future Publishing | Getty Images Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China’s central bank announced measures to stimulate the world’s second-largest economy. The Hang … Read more
The father of a 12-year-old Sydney schoolgirl who took her life following allegations of relentless bullying has shared a heartfelt message the “beautiful, kind soul” wrote in her last Father’s Day card to him. Charlotte O’Brien died in an act of self-harm on September 9 after allegedly suffering years of torment and harassment at Santa … Read more
A woman takes a selfie photo, with the Eiffel Tower in the background, at Surcouf street in Paris, on July 23, 2024, ahead of the Paris 2024 Olympic Games. Mauro Pimentel | Afp | Getty Images France’s harmonized inflation rate fell sharply in September, preliminary data from the National Institute of Statistics and Economic Studies … Read more
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. At $111 billion over 11 years, the NFL’s media rights deal is the biggest in … Read more
A man has died when his mobility scooter was struck by a car in Western Sydney. The pedestrian, believed to be a man in his 80s, was riding his mobility scooter when he was struck at the intersection of Mulgoa Rd and Ransley St, Penrith about 12.45pm Friday, police said. Paramedics treated the man but … Read more
A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Krisztian Bocsi | Bloomberg | Getty Images Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month. … Read more
Costco on Thursday reported ho-hum quarterly results, with a small topline miss being more than offset by strong profitability to deliver an earnings beat. The report didn’t blow us away, but it still offered plenty of reminders on why Costco investors should stick around. Total revenue in its fiscal 2024 fourth quarter totaled $79.7 billion, … Read more
A man and woman have been charged after a man was found with gunshot wounds in both legs in bushland near Newcastle. The 39-year-old victim allegedly met a 26-year-old man, who was known to him, at O’Donnelltown Rd, West Wallsend on Thursday evening. Police were called to a shooting in the area about 5.30pm and … Read more
Candidates in the upcoming leadership race for the ruling Liberal Democratic Party (LDP) join hands after giving speeches for the Liberal Democratic Party presidential election in Osaka, Japan on September 18, 2024. Str | Afp | Getty Images Japan’s ruling party election has entered a runoff between economic security minister Sanae Takaichi and former defense … Read more
