As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. Beijing has used this playbook before to some success. Now, however, it is in a vicious chicken-and-egg cycle where the stock market and weak economy feed off each other, hobbling consumer spending and private investment.
"Retail is on the cusp of a technology leap with AI, data, and automation."
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleIn New Orleans, an Aging Dome Tries to Stay SuperTrading activity in the cas
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleIn New Orleans, an Aging Dome Tries to Stay SuperMSCI Inc. further trimmed C
Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans and cost-cutting measures.
(Bloomberg) -- President Donald Trump’s tariff measures may slow the adoption and expansion of carbon markets in the Asia-Pacific region, which accounts for three-fifths of global emissions and has been a key driver of growth in trading. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.
In this edition: Quarterly earnings echo the pain everyone feels, and metal tariffs hit. The post Check Call: 2024 quarterly earnings miss the mark on Wall Street appeared first on FreightWaves.
The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver-assistance tech.
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperAustralia is “killing” the US aluminum market, a senior trade adviser to President Donald Tr