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Monthly Archives: September 2022

China’s electric car companies are safe from the U.S. Nvidia chip ban

Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty …

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Russia’s energy influence over Europe ‘is nearly over’

Germany is currently ahead of schedule in its race to fill underground gas storage facilities ahead of winter. Bloomberg | Bloomberg | Getty Images Europe’s dependence on Russian gas appears to be coming to an end, energy and political analysts say, potentially alleviating the risk of further supply disruptions at …

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Chinese stocks could plunge if real estate gets worse

This summer, rising anxiety among homebuyers about apartment completion brought problems in China’s massive real estate sector — and worries about spillover to the rest of the economy — to the forefront again. Future Publishing | Future Publishing | Getty Images BEIJING — China’s struggling real estate sector could significantly …

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Britain’s banks told to tackle wealth inequality despite one-off payments

LONDON — Britain’s financial sector is being urged to do more to help workers struggling with the cost-of-living crisis, despite a slew of top banking names providing one-off payments to low earners. Nationwide announced on Aug. 15 a payment to more than 11,000 employees to help with the increasing cost …

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Lazada CEO on ecommerce trends, pandemic and supply chain disruptions

E-commerce companies around the world enjoyed a boost during the pandemic as people trapped in lockdown went shopping online, but James Dong, the CEO of Alibaba-owned Lazada group, said there were plenty of challenges as well. “On one side, you have a rising number of … grocery orders and consumers …

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How to score $3 movie tickets this weekend

The nation’s theater chains want you to spend a day at the movies this weekend. More than 3,000 theaters will be participating in the first ever National Cinema Day on Saturday, Sept. 3. Theaters will be selling tickets for every movie — including more expensive formats like IMAX and 3D …

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Demand has never been stronger for our products

Motorola Solutions CEO Greg Brown told CNBC on Thursday that demand for the company’s public safety and enterprise security products has never been stronger. In an interview on “Mad Money,” Brown indicated Motorola’s business remains resilient despite concerns of a slowing global economy because a major upgrade cycle is underway. …

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Economic downturn is an opportunity to grab market share

Signet Jewelers can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a “Mad Money” interview came after Signet reported second-quarter results earlier in the day. While earnings per share topped estimates …

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3 things you can do to overcome burnout, experts say

The Great Resignation, which saw droves of workers leave their jobs or switch careers, may still be going strong — but another new workplace phenomenon is emerging: “quiet quitting.” The term gained popularity on TikTok this month and videos related to the topic amassed 354 million views as of Thursday. …

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I prefer Pioneer Natural Resources over Marathon Oil

Marathon Oil: “Marathon Oil is good, but why not own one of these with a giant dividend? How about Pioneer? Pioneer has the largest dividend in the S&P, and that’s my one. That’s the thing I would do. [CEO] Scott Sheffield know what he’s doing. He’s terrific.” ICL Group: “I’m …

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