Tag: fashion

CATL, the world's largest battery maker, saw revenue drop for the first time in 2022, and profit growth slowed to its slowest pace since 2019.

Published on: January 22, 2025, 06:01 AM UTC

TikTok owner ByteDance to invest over $12 billion in AI infrastructure this year amid US pressure to sell TikTok.

Published on: January 22, 2025, 02:01 AM UTC

President Trump says he would approve a deal for Elon Musk or Larry Ellison to buy TikTok, with the US getting a 50% stake in return for a "permit." Experts say such a venture may face legal challenges.

Published on: January 22, 2025, 12:01 AM UTC

President Trump favors Elon Musk or Larry Ellison buying TikTok in order to save TikTok's US operations, despite the ban on the app. A 50-50 "joint venture" between the US and TikTok's Chinese parent company, ByteDance, is one proposed solution. However, legal experts question whether such a move would meet the demands of the law, as it would likely not sever ByteDance's operational relationship with TikTok.

Published on: January 22, 2025, 12:00 AM UTC

A bitcoin (BTC-USD) strategic reserve under President Trump could become a reality, according to Coinbase CEO Brian Armstrong. Trump has expressed interest in making the US the "crypto capital" of the world and has taken a friendly view on crypto since campaigning for the White House in 2024.

Published on: January 21, 2025, 10:03 PM UTC

The SEC's new cryptocurrency task force, the Trump administration's pro-crypto stance, and industry anticipation for executive orders are driving investor enthusiasm in the crypto market. Bitcoin surpassed $106,000, while applications for crypto-related ETFs surge. The industry awaits potential executive orders and the repeal of Biden's crypto-related directive.

Published on: January 21, 2025, 09:01 PM UTC

US stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets.

Published on: January 21, 2025, 09:00 PM UTC

Stocks rise, dollar falls as investors react to Trump's first policy moves. Tesla, EV stocks fall on end of electric vehicle mandate.

Published on: January 21, 2025, 06:01 PM UTC

Suntory Holdings is stockpiling whiskey in Europe due to potential Trump tariffs. The company owns bourbon brands like Jim Beam and Maker's Mark. The threat of a trade war hammering the liquor industry is real, as a near-term dark cloud hangs over the space. In 2018, the European Union slapped a 25% tariff on American whiskey as a retaliatory measure to Trump's tariffs on European steel and aluminum.

Published on: January 21, 2025, 06:00 PM UTC

Meme coins launched by former US President Donald Trump and his wife Melania Trump raise concerns about potential risks for retail investors. Despite the Trump coin's initial rise, its market cap has since dropped significantly, while the Melania coin trades at a lower market valuation. Financial analyst Anthony Scaramucci warns of potential losses for investors and criticizes Trump's involvement, highlighting ethical and reputational concerns. The article explores the potential impact of these meme coins on the cryptocurrency market and discusses broader economic and political implications.

Published on: January 21, 2025, 04:02 PM UTC