CATL and Beijing Hyundai sign strategic agreement on EV batteries

The Independent
McDonald’s launches a $5 Meal Deal as inflation-weary consumers ditch fast-food
The meal may include a McChicken or McDouble along with fries and drink
Reuters
Musk's X Corp loses lawsuit against Israeli data-scraping company
A U.S. judge dismissed a lawsuit in which Elon Musk's X Corp accused an Israeli data-scraping company of illegally copying and selling content, and selling tools that let others copy and sell content, from the social media platform. U.S. District Judge William Alsup in San Francisco ruled on Thursday that X, formerly Twitter, failed to plausibly allege that Bright Data Ltd violated its user agreement by allowing the scraping and evading X's own anti-scraping technology.
EdgeProp
Realstar Premier Group set to groom the next billion-dollar landed sales superstars
William Wong, founder of Realstar Premier Group which specialises in landed sales, will be launching a book to document the agency’s journey since 2001 (Photo: Samuel Isaac Chua/EdgeProp Singapore)Landed property focused real estate agency Realstar Premier Group has ambitious plans to achieve new heights by grooming and nurturing 20 current aspiring realtors, out of which 10 of them will be personally groomed by its Founder William Wong and Managing Director Julian Yip, to become the next agent
Euronews
Xi's European tour: Some euro, no vision
For China to revive its fortunes, it must fundamentally change course, abandoning its version of predatory state capitalism in favour of the genuine market reforms its trade partners worldwide are calling for, Elaine Dezenski writes.
GOBankingRates
How To Learn From Your Financial Failures Like Warren Buffett
At 93, Warren Buffett -- the renowned co-founder, chairman and CEO of Berkshire Hathaway -- has been in the investing game a very long time. From buying his first stock at the age of 11 to earning a...
Reuters
Half of German housing construction firms short on orders, finds Ifo
"Housebuilders are looking for signs of hope, but there's no end to the crisis in sight," said Klaus Wohlrabe, Ifo's head of surveys. Although the business climate in residential construction brightened considerably, it remains deep in negative territory. Order cancellations also continue to remain a problem, according to Ifo.
Reuters
RPT-Half of German housing construction firms short on orders, Ifo shows
More than one in two companies in Germany's residential construction sector reported a lack of orders in April, according to a survey published on Friday, as Europe's largest economy faces its worst real estate crisis in decades. "Housebuilders are looking for signs of hope, but there's no end to the crisis in sight," said Klaus Wohlrabe, Ifo's head of surveys. Although the business climate in residential construction brightened considerably, it remains deep in negative territory.
INSIDER
Xi wants to boost trade and investment between Europe and China. It won't be easy.
A record low 42% of EU companies said they plan to expand their operations in China this year, according to a EU business chamber survey.
Reuters
McDonald's considering $5 meal deal launch to draw diners, source says
Global restaurant chains such as McDonald's and Starbucks have seen lower-income customers opting to eat more meals at home amid a cost-of-living crisis, forcing the companies to offer steeper promotions to attract them to their outlets. McDonald's, which has a higher exposure to the lower-income cohort, saw its global sales growth slowing for the fourth straight quarter. Bloomberg News first reported about McDonald's plans.
Reuters
China's car exports hit record high in April, as domestic sales fall
BEIJING (Reuters) -China's car exports surged to a record high in April, data showed on Friday, as domestic sales slipped 5.8% from a year earlier amid intensifying price competition and consumers' caution about spending on big items during a shaky economic recovery. Car exports jumped 38% year-on-year to 417,000 units in April, continuing strong momentum from the previous month which posted a 39% growth in exports, the China Passenger Car Association (CPCA) said. An ongoing anti-subsidy investigation by the EU into Chinese automakers has disrupted and put pressure on vehicle exports to the bloc, but China has been actively exploring South America, Australia and ASEAN markets for exports, said Cui Dongshu, secretary general of the association.
Reuters
GLOBAL LNG-Asian spot LNG prices rise on signs of stronger demand
Asian spot liquefied natural gas prices rose this week on stronger demand amid high temperatures in north and south China, pushing European buyers to bid at relatively narrow discounts to attract sellers. The average LNG price for June delivery into north-east Asia rose to $10.50 per million British thermal units (mmBtu), from $10.40/mmBtu in the previous week, industry sources estimated. "We have seen Asian and European prices rise higher, mostly following news of the Gorgon LNG outage," said Ryhana Rasidi, LNG analyst at data analytics firm Kpler.
Insider Monkey
12 Best Marketing Stocks to Buy
In this article, we discuss the 12 best marketing stocks to buy. To skip the detailed analysis of the industry, go directly to the 5 Best Marketing Stocks to Buy. The advertising and marketing industry is a vital component of the economy and it plays diverse roles in driving growth, nurturing innovation and creativity, and […]
Reuters
China's push for greener aluminium hit by erratic rains, power cuts
Erratic rainfall in China's southwest is frustrating a multibillion-dollar push to green an aluminium industry that accounts for almost 60% of global output and, by some estimates, emits more carbon dioxide than Australia. Lured by official promises of cheap hydropower, China Hongqiao Group and a handful of other coal-reliant smelters several years ago began moving 6.56 million metric tons of capacity - about 15% of China's total - from the northern rust belt to the mountainous and ethnically diverse Yunnan province, known for tea, coffee and wild mushrooms. Reuters interviews with almost two dozen industry figures and analysts, as well as company filings and official documents, found insufficient hydropower has meant that only a little over half of the planned aluminium capacity shift has materialised.
INSIDER
My husband quit a job he hated. As the breadwinner, I don't make as much money, but we feel like we can finally breathe again.
My husband quit his job due to burnout. I became the breadwinner, and though I make less money, we appreciate each other more now.
CBC
Black Montreal police officer claims he was racially profiled in lawsuit against SQ
A Black Montreal police officer is alleging he was racially profiled while off duty in a lawsuit against four of his provincial counterparts and Quebec's attorney general."If you're a Black man, either you're a judge, you're a lawyer, you're a police officer, wherever you are in the society, you are subject to being racially profiled," said the plaintiff's lawyer, Fernando Belton.The 43-year-old plaintiff, whose name is withheld by a court order, has 15 years' experience as a police officer and
GOBankingRates
How Big Is the Average Social Security Check of a Lower-Class Retiree?
Income gaps that exist in the working world continue once you start collecting Social Security retirement benefits, although on a smaller scale. Benefits are based on the amount of money you earn...
Reuters
Chinese EV maker Zeekr soars nearly 35% in stellar US market debut
(Reuters) -Zeekr's shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major U.S. market debut by a China-based company since 2021. Its first day of trading ironically comes at a time when U.S. President Joe Biden's administration plans on boosting tariffs on Chinese vehicle imports to the United States. Zeekr is the premium brand of Chinese automaker Geely, which also owns Sweden's Volvo Cars and the UK's Lotus.
Yahoo Finance Video
The real impact of cyberattacks on major healthcare systems
Nonprofit healthcare network Ascension was hit with a cyberattack earlier this week, causing a number of disruptions to its services, from appointment scheduling issues to ambulance diversions. Yahoo Finance's Anjalee Khemlani reports on the dangers of cyberattacks on major healthcare systems. The Ascension cyberattack was just one of many cyberattacks hitting healthcare networks in the last year. When a cyberattack occurs, companies are legally required to notify patients if their health records are impacted. Healthcare is one of the most vulnerable sectors from a cybersecurity standpoint, as providers collect and store sensitive personal information. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
Reuters
UPDATE 3-Ford's Lawler to hand over CFO role to ex-Lucid executive, transition to vice chair
Ford Motor said on Friday that John Lawler would hand over his role as finance chief to ex-Lucid Motors CFO Sherry House in early 2025 as he transitions to vice chair to take on broader responsibilities at the Detroit automaker. House, who has previously held leadership roles at Alphabet's Waymo and worked with General Motors , will join Ford as vice president of finance effective in early June before taking over the CFO role. Lawler will focus on Ford's strategy and partnerships, among other duties, in his new role, Ford said.
CNN
‘Setting the stage for Michael Cohen’: CNN legal analyst on phone records in Trump trial
CNN legal analyst Elliott Williams explains the significance of phone records being submitted into evidence in Donald Trump’s hush money trial.

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CATL and Beijing Hyundai sign strategic agreement on EV batteries

Latest stories

McDonald’s launches a $5 Meal Deal as inflation-weary consumers ditch fast-food

Musk's X Corp loses lawsuit against Israeli data-scraping company

Realstar Premier Group set to groom the next billion-dollar landed sales superstars

Xi's European tour: Some euro, no vision

How To Learn From Your Financial Failures Like Warren Buffett

Half of German housing construction firms short on orders, finds Ifo

RPT-Half of German housing construction firms short on orders, Ifo shows

Xi wants to boost trade and investment between Europe and China. It won't be easy.

McDonald's considering $5 meal deal launch to draw diners, source says

China's car exports hit record high in April, as domestic sales fall

GLOBAL LNG-Asian spot LNG prices rise on signs of stronger demand

12 Best Marketing Stocks to Buy

China's push for greener aluminium hit by erratic rains, power cuts

My husband quit a job he hated. As the breadwinner, I don't make as much money, but we feel like we can finally breathe again.

Black Montreal police officer claims he was racially profiled in lawsuit against SQ

How Big Is the Average Social Security Check of a Lower-Class Retiree?

Chinese EV maker Zeekr soars nearly 35% in stellar US market debut

The real impact of cyberattacks on major healthcare systems

UPDATE 3-Ford's Lawler to hand over CFO role to ex-Lucid executive, transition to vice chair

‘Setting the stage for Michael Cohen’: CNN legal analyst on phone records in Trump trial