(MENAFN– AsiaNet News) U.S. stocks appear set for a negative opening on Tuesday as investors turn their focus to retail earnings, which offer a peek into the health of the economy. The Home Depot Inc. (HD) reported its second-quarter (Q2) results before the bell on Tuesday, while Target Corp. (TGT) and Walmart Inc. (WMT) are…
One of the big themes in Asia’s real estate industry this year is divergence. The average price of second-hand homes in Japan in the first quarter of 2025 rose at an annualised pace of 9.5 per cent, while in mainland China it contracted 7.5 per cent, according to Knight Frank’s Global House Price Index. In…
Even though he may seem like an easy-going, Coca-Cola-loving old man, he admits his leadership style can sometimes be “ruthless.” In fact, the billionaire sent a stark reminder to his manager every two years of his nonnegotiables, which include “to zealously guard Berkshire’s reputation,” something he believes is the foundation of the entire enterprise. “We…
OMAHA, Neb. (AP) — Warren Buffett’s company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll. Berkshire said it earned $12.37 billion,…
Berkshire Hathaway, the conglomerate led by revered investor Warren Buffett, has sold roughly one-third of its stake in Verisign, a U.S.-based provider of domain name registry services and internet infrastructure. On Monday, Verisign made the announcement that Berkshire will be selling 4.3 million shares on Monday. In a subsequent release, the company said that these…
Entrepreneurial success in the traditional startup playbook — be it for beauty, consumer goods or tech — usually looks like scaling a business, gaining external investment and eventually exiting after it’s acquired. This pathway is less common (and harder) in creative industries. But experts and investors agree that small to medium-sized fashion brands have a…
On 21 July, the WTO circulated the arbitration award in the proceedings initiated by the European Union under Article 25 of the Dispute Settlement Understanding to review the findings of a WTO dispute panel in “China — Enforcement of Intellectual Property Rights” (DS611). Source link
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
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SHANGHAI, July 8, 2025 /PRNewswire/ — Hydrexia Holding Limited (“Hydrexia”), a leading hydrogen technology solution provider, and China National Chemical Urban Investment Co. Ltd. (“CNCUI”), a wholly owned subsidiary of China National Chemical Engineering Group Corporation Ltd., announced today that the two companies have formed a strategic alliance to jointly promote hydrogen applications across industry…