Key note address delivered by Christopher Wood, equity strategist, CLSA, in his first public appearance in India, at the ET Now Market Summit-2010. Excerpts: Hello everybody and thank you for asking me. I will be running through some charts which were still first with the situation in the West. Then I will move on to … Read more
Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult for others. These opposing dynamics are due to federal policies taking effect at the same time. One policy kicking in Jan. 1 will allow car … Read more
Animal lovers call for an immediate halt to the ‘Mickey Ears’ trend. In China, a disturbing trend has animal lovers up in arms: pet “Mickey Mouse ear” surgery. This cosmetic procedure, popularized by a clinic offering group discounts, involves trimming and shaping animals’ ears to resemble Disney’s iconic character. Experts warn of the physical pain … Read more
A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country’s top gaming regulator said it will “carefully study” the concerns of … Read more
London: AstraZeneca said on Tuesday it will buy Gracell Biotechnologies for up to $1.2 billion as the Anglo-Swedish pharma company furthers its cell therapy ambitions and boosts its presence in China, the world’s second-largest pharmaceuticals market. The cash deal, which adds several experimental therapies to AstraZeneca’s portfolio, values Gracell at $2 per ordinary share, or … Read more
Moscow: Russian Foreign Minister Sergey Lavrov on Tuesday said that 30 countries have expressed their interest in establishing partnership ties with the BRICS grouping. Lavrov said Moscow expects a wide range of solutions to be developed ahead of the group’s next summit, set to take place in the Russian city of Kazan in October next … Read more
US Secretary of State Antony Blinken’s first videoconference with European Union foreign ministers last month was so good humoured that some diplomats in Europe described it as a “love fest”. But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: “We must push back … Read more
China and Australia’s differences should not define a vital diplomatic relationship, Prime Minister Anthony Albanese has said as he closed out his historic trip. On the final day of his three-day trip, Mr Albanese visited China’s seat of power to a military guard of honour. He was greeted by Chinese Premier Li Qiang and the … Read more
Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Nio on Tuesday reported narrowing losses in the third quarter, but gave a revenue forecast below market expectations. Here’s how Nio did in the third quarter, according … Read more
Canada’s public inquiry into foreign interference has set the dates for its public hearings, the federal government announced on Friday. The hearings are the first of two expected to take place in 2024 and are part of the inquiry into allegations of interference from China, Russia and other foreign actors and any impact they had … Read more
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