Ritu

Asian Stocks Edge Up As Markets Digest Oil Rally, China Tech Surges 0
- Uncategorized
- April 3, 2023
Most Asian stocks crept higher on Monday as risk appetite persisted on softer-than-expected U.S. inflation readings from the prior week, although a spike in oil prices saw markets remain wary of a potential resurgence in inflation over the coming months. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 0.9% and 0.6%, respectively, buoyed
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VW Pledges to Double Down On EVs in China, Urges Extension of NEV Tax Breaks 0
- Uncategorized
- April 1, 2023
A senior Volkswagen AG (OTC:VWAGY) China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts in China for electric vehicles to 17,000 by 2025, as it
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Netflix Restructures Film Group As it Scales Back Movie Output – Bloomberg News 0
- Uncategorized
- March 31, 2023
Video streaming service Netflix Inc (NASDAQ:NFLX) is restructuring its film group, which will result in layoffs and the departure of two of its most experienced executives, Bloomberg reported on Thursday. As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back the company’s
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Miki House Taps ‘Made in Japan’ Appeal For $760 Kids Pyjamas As Home Market Shrinks 0
- Uncategorized
- March 30, 2023
Japan’s Miki House, a maker of luxury baby and children’s goods in a country with ever-fewer births, is looking overseas for both production and customers for products like its 100,000 yen ($760.40) Gold Label brand pyjamas. President Koichi Kimura said the Osaka-based company, which has developed a global reputation based on Japanese technology and quality,
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