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NIKE GREATER CHINA SALES DECLINE
Kalshi debuts US midterms hub for election forecasts and polling dataKalshi has launched a new hub for tracking U.S. midterm elections. This platform offers real-time election forecasts and polling data. It u...- Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
- Nike to tighten online sales in China amid 'fragmented' marketplaceNike is restricting online sales by distributors in China. This move aims to rebuild shopper trust and sell products at full price. Key ret...
- Indian steelmakers pivot home as Europe tightens imports, China squeezes marginsIndian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to...
- Elon Musk's biggest population warning just got a surprising response from ChinaChina introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-w...
- India's smartphone shipments fall 10% in Q2, biggest June-quarter drop in six yearsIndia's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset pri...
- Volkswagen workers to grill CEO on overhaul threatening 140,000 jobs, works council saysVolkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- Global Market: China eyes faster national infrastructure spending to steady growth amid local investment slumpChina is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local gover...
- US Stock Market: US homebuilder sentiment falls unexpectedly in July; housing stocks may stay under pressureUS homebuilder sentiment unexpectedly weakened in July, falling two points to 34. Elevated mortgage rates and economic uncertainty continue...
- The Pew warning for Trump: India's pro-US consensus is fraying fastA recent survey shows India's positive views of America and Trump have significantly declined. Confidence in President Trump dropped thirte...
- Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...
- Chinese banks set for $41 million payday from chipmaker's $8.6 billion IPOSix Chinese investment banks will earn at least $41 million from CXMT's IPO. This significant payout boosts the industry's income pool, whi...
- Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
- Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shinesThe latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant cu...
- Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
- China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policyChina's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- China car sales slump for ninth straight month, exports stay strongChina's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
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