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...Asia as its best opportunity for overseas sales....
...Samsung and SK Hynix, the world’s leading memory chipmakers, have stopped selling used chipmaking equipment for fear of falling foul of US export controls on China and western sanctions on Russia....
...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
...Chinese users had previously been able to download the apps of western social media platforms and use them via virtual private networks that bypass the country’s internet firewall....
...That leaves only the meme jockeys and futurologists. For them, going all-in on robotaxis may sound great for the 2030-something forecasts, and an earnings tape-bomb is just a speed bump....
...I have Rietveld’s Red and Blue chair, and also his Zig Zag and Crate chairs. And I have an Eames daybed-like one that they made for the director Billy Wilder, who used it for napping on movie sets....
...Sales growth is set to stay soft because of both the smartphone replacement cycle and weak sales in China....
...Stephanie Stacey’s great post on the desperate efforts to come up with a European version of the Magnificent Seven (get your tee here) reminded Alphaville of the silly attempts to find a successor to BRICs...
...Thinking of the porous line between drama as entertainment and drama as politics, I get thinking about the great Viennese satirist Karl Kraus’s masterwork, The Last Days of Mankind....
...China has long banned the most popular western social media platforms, including Facebook, Instagram and X, as it tightened censorship....
...This is bad news for Great Portland Estates and its share price dropped 5 per cent on the day....
...Sanford Michelman of Michelman and Robinson, counsel for Kassan, said: “Michael Kassan agreed to sell MediaLink, the company he founded, to UTA because he was led to believe it would be a great partnership...
...Traditional sales via distributors and other wholesalers were just 17 per cent. (Exports represented a mere two per cent.)...
...western states,” he wrote....
...Carmakers in leading western markets have significantly increased the range and scale of discounts they offer on electric vehicles in a bid to counter weaker-than-expected appetite for battery models among...
...[but] there are generally two types of investments we can make: variable cost (marketing, incentives, etc) and fixed cost (sales heads, engineers, etc.)....
...A sense of cognitive dissonance abounds, creating the potential for shocks — good and bad. Consider TikTok. The company is often described by western politicians as a “Chinese” entity....
...Net sales and income reached record highs of ¥628.9bn and ¥128.1bn in 2022, a great leap from the ¥363.2bn and ¥51.8bn in 2019....
...They may compete on the day with disregard for a sensible market value, and you can get a great price,” says Hugo Nathan, co-founder of the art advisory firm Beaumont Nathan....
...“A peaceful and quiet Sunday is not undermined by the sale of a bottle of milk and a box of cream,” he said....
...Interest rates: The great bet on rate cuts is dead, writes Katie Martin. But how did markets and policymakers get inflation so wrong?...
...And now, it's actually self-sufficient, which is great. So I've now been able to quit that part-time job, and I do this as my full-time part-time job....
...Beijing has signalled an increasing willingness to intervene in the EV market following a series of western complaints, as well as domestic concerns over the EV sector displaying signs of a boom-and-bust...
...“Commercial real estate in New York and globally is in transition, and that provides a great opportunity for a new, nimble boutique advisory firm in this space,” Stacom said, adding that many properties...
...Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: “This is great, I congratulate you on the results of your...
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