China displayed its aircraft-manufacturing credentials by conducting a flyby of Hong Kong’s Victoria Harbour with a domestically made passenger plane designed to take on Airbus SE and Boeing Co. narrowbodies. Commercial Aircraft Corp of China Ltd., the official name of planemaker Comac, flew its C919 jet around the harbor in two loops on Saturday morning, … Read more
Chinese and Philippine vessels faced off in back-to-back clashes in contested waters in the South China Sea throughout the weekend as tensions heightened in the dispute between the two countries over maritime territory. The Philippines’ sea task force said its vessels were damaged after being “directly targeted” on Sunday by a Chinese coast guard ship … Read more
COP28 Latest News: Finance Day, Saudi Green Initiative, Tripling … Bloomberg Source link
India began counting votes in four state elections, with early trends showing a close contest for Prime Minister Narendra Modi’s ruling party as he seeks a third term in office in 2024. Three states — Madhya Pradesh, Rajasthan and Chhattisgarh — will be key to watch as a testing ground for Modi’s support. Exit polls … Read more
For most of us, weight loss is a positive. For an economy, not so much. New analysis showing that China’s global heft has declined for the first time since 1994 illustrates why its chances of overtaking the US economy are increasingly in doubt. While the International Monetary Fund and others regularly cite China as the … Read more
Stock Market Today: Dow, S&P Live Updates for November 30 Bloomberg Source link
With wars raging again in Europe and the Middle East, and U.S.-China tensions on the boil, the political order that underpinned markets for decades is under serious threat. So, too, is the financial order, as the U.S., Europe, and even Japan exit the zero-interest-rate era, and the U.S. and China face deteriorating fiscal health. In … Read more
Inflation eased in both the US and UK, prompting bets that central banks on both sides of the Atlantic will start cutting interest rates by the middle of next year. Meantime, expectations for growth across Europe are improving, but the rebound remains fragile in the European Union’s east. The economic recoveries underway in China and … Read more
Manufacturers are increasingly looking to add value to their dairy products in a bid to differentiate in a highly-competitive market. While dairy is traditionally rich in a probiotics, new food technological advances have enabled products such as UHT milk and other non-refrigerated dairy products to be fortified with probiotics and vitamins without the need for … Read more
In recent years, Artificial Intelligence (AI) has emerged as a transformative force with the potential to revolutionize various industries across the globe. While its applications are numerous, one of the most promising and impactful areas is its ability to empower consumers in emerging markets. That’s us. In countries like India, Bangladesh, and across the African … Read more