Business

US companies need more predictable regulation in China. That's what US Secretary of Commerce Gina Raimondo said at the end of her three-day visit to the country. The minister spoke with political and business leaders in China to improve…
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The Chinese real estate group Evergrande says it has booked higher turnover and a minor loss in the year's first half. The company ran into financial trouble nearly two years ago and is at the centre of an ongoing crisis in China's real…
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The stock exchanges in New York ended with gains on Friday. Investors reacted with relief to the long-awaited speech by Fed boss Jerome Powell. In that speech, he emphasized that inflation is still too high and that the Federal…
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Foot Locker fell sharply on the stock exchanges in New York on Wednesday. The American sports shoe chain saw sales decline in the past quarter. The company also lowered its full-year profit forecast again. Due to the high inflation…
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Stock markets in New York rebounded somewhat on Monday after last week's price losses. The leading Dow-Jones index even had its worst stock market week since March this year. The new week started quietly on Wall Street. Investors…
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After its quarterly results, Walmart, one of the world's largest supermarket groups, has risen slightly on the New York stock exchange. The retail company posted more turnover and profit last quarter than analysts and investors expected.…
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Tech group Amazon has lost support from the Science Based Targets initiative (SBTi). This assesses and monitors companies' CO2 reduction targets and is supported by the United Nations. Amazon has not set enough concrete targets for reducing…
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Slower economic growth in China will also affect the United States economy. That is what US Treasury Secretary Janet Yellen said. According to her, neighbouring countries of China will be most affected by the ailing recovery of the Chinese…
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