China announces 15-day visa-free stay in select provinces for cruise travelers to boost tourism
Travelers can now stay in China up to 15 days visa-free when entering via cruises, the government announced Wednesday, as part of efforts to woo tourists.
Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions
Microsoft has reportedly asked employees at its China-based cloud-computing and artificial-intelligence operations to consider relocation outside of China.
India ‘very favorable’ for IPOs, Peak XV says, as economy and investor sentiment stay strong
India offers a “very favorable” environment for companies to list, said Peak XV Partners.
Siemens shares slide over 5.5% on profit drop, slowing automation division
German technology giant Siemens on Thursday reported a a decline in earnings in the first three months of 2024 and said its automation division had slowed.
Taylor Swift’s Eras Tour could give the UK economy a $1.2 billion boost
Barclays says Taylor Swift fans are expected to spend over $1,000 on average to see the singer on the U.K. leg of her Eras Tour.
Slovakia’s prime minister in stable but ‘very serious’ condition after assassination attempt
Slovakia’s Prime Minister Robert Fico is expected to survive an assassination attempt following surgery, according to the country’s deputy prime minister.
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.
CNBC Daily Open: Wall Street hits record, ‘Thee rate cuts’
For the first time this year, inflation cooled more than expected, propelling stocks to record highs.
As Putin and Xi meet, the power dynamics between Russia and China keep the West guessing
Analysts say the relationship is nuanced, deeper than a “marriage of convenience,” and complex on a number of fronts.
Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
