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Category: Business

China is trying to catch up with Big Tech as economic challenges grow
Business

China is trying to catch up with Big Tech as economic challenges grow

Bartonby BartonMay 18, 20220

In a rare public demonstration of support for the private sector, Deputy Prime Minister Liu He said on Tuesday that the government would “properly manage” …

Weekly mortgage demand from home buyers drops by 12%
Business

Weekly mortgage demand from home buyers drops by 12%

Bartonby BartonMay 18, 20220

A sign of a house for sale is displayed in the Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images …

Target (TGT) profits for the first quarter of 2022
Business

Target (TGT) profits for the first quarter of 2022

Bartonby BartonMay 18, 20220

Target reported quarterly earnings on Wednesday, well below Wall Street expectations, as the retailer faced higher fare costs, higher returns and lower-than-expected sales of discreet …

The stock market is recovering, inflation in the UK is reaching a 40-year high
Business

The stock market is recovering, inflation in the UK is reaching a 40-year high

Bartonby BartonMay 18, 20220

LONDON, May 18 (Reuters) – The stock recovery ended on Wednesday as worries about economic growth prospects and rising inflation eased the mood, while a …

Elon Musk is not afraid of recession
Business

Elon Musk is not afraid of recession

Bartonby BartonMay 18, 20220

Elon Musk does the news. It’s everywhere. The CEO of premium electric vehicle manufacturer Tesla (TSLA) – Get the Tesla Inc report somewhat reminiscent of …

Shopee, Garena have strong revenues
Business

Shopee, Garena have strong revenues

Bartonby BartonMay 18, 20220

Shares of Southeast Asia e-commerce and gaming company Sea Group rose after first-quarter earnings exceeded analysts’ expectations on Tuesday. Shares of US-listed Sea rose 14% …

The rally rallied losses as doubts about economic growth grew By Reuters
Business

The rally rallied losses as doubts about economic growth grew By Reuters

Bartonby BartonMay 18, 20220

© Reuters. A passer-by wearing a face mask walks past an electrical display showing a graph showing the average Nikkei share of Japan amid the …

Elon Musk shouts at a Twitter employee caught on Project Veritas video mocking his Asperger
Business

Elon Musk shouts at a Twitter employee caught on Project Veritas video mocking his Asperger

Bartonby BartonMay 18, 20220

youngNow you can listen to Fox News articles! Elon Musk shouted at a Twitter executive who was caught making fun of the billionaire’s Asperger in …

China is signaling a easing of technology repression, but do not expect a policy reversal
Business

China is signaling a easing of technology repression, but do not expect a policy reversal

Bartonby BartonMay 18, 20220

China has shown signs of easing repression in the tech sector, which has eliminated billions of dollars worth of its most prominent companies. However, analysts …

Shanghai declares zero Covid milestone, but residents question reopening
Business

Shanghai declares zero Covid milestone, but residents question reopening

Bartonby BartonMay 18, 20220

“Zero Covid at Community level” means that infections are no longer detected outside of quarantine facilities or neighborhoods under the strictest lockdown – and is …

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