The contemplated move reflects China's recognition that it needs bigger economic stimulus to combat Trump's threats of punitive trade measures, people with knowledge of the matter said
The Spanish group, whose other brands include Massimo Dutti, Pull & Bear and Bershka, reported a profit after tax of 1.68 billion euros ($1.77 billion) for the third quarter, up six percent from the same period last year
The move comes weeks after a bombshell indictment in New York accused the conglomerate's billionaire founder Gautam Adani of deliberately misleading international investors as part of a bribery scheme.
The lame-duck president's speech comes after Trump won a second term largely on the back of US voters' anger at high costs of living under Democrats.
Beijing is also strapping in for four more years of tensions with the United States under President-elect Donald Trump, who has promised to impose stinging tariffs on China
India on Monday appointed finance ministry bureaucrat Sanjay Malhotra to helm the country’s central bank, a day before his predecessor’s term was due to end.
The company will establish a battery plate manufacturing industry
Salaries will be increased a minimum of 10 percent and a maximum of 50 percent
Nvidia is also suspected of violating commitments it made in 2020, the statement said, when it acquired Israeli data center firm Mellanox
Exports jumped 6.7 percent on-year to $312.3 billion last month, China's General Administration of Customs said.
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture.
Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.
China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing’s recent efforts to shore up faltering economic demand are having only limited impact.
In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with "wet-bulb" temperatures - a measurement that accounts for air temperature as well as humidity - above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found
The consumer price index (CPI), a key measure of inflation, rose 0.2 percent in November year-on-year, down from 0.3 percent in October, the National Bureau of Statistics (NBS) said
Premier Li Qiang made the remarks in his opening speech at a summit attended by the top leaders of organisations including the International Monetary Fund, the World Trade Organisation and the World Bank.
China’s trade restrictions on strategic minerals are starting to hit Western companies where it hurts.
Growth in 2025 is now seen at 1.6 percent, the Confederation of British Industry (CBI) said, down from a projection of 1.9 percent made in June
