The world's economy is in resettle mode. What will the future hold?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Didi offers India’s hotel startup a lift in ChinaNo-frills chain Oyo is growing fast in a country where few foreign tech firms have thrived. An investment from local ride-hailing giant Didi Chuxing will help smooth the way for the $5 bln group. In return, the buyer gets a valuable ally in its duel with rival superapp Meituan.
Source: Breakingviews - 🏆 470. / 51 Read more »
Apple's iPhone sales in China collapsed last quarter, and it's because they cost too muchIt wasn't just Apple that got whacked, though, as China's entire smartphone market shrunk nearly 10% in the quarter, lending credence to Apple officials saying that the drop was related to overall conditions in China. SAI I had the same comment about iPhone price tag when they were launched. People are not willing to pay a premium when other devices habe similar specs for less. There is a price sensitivity in the market like never before. SAI Finally, somebody realised🤔. ✅ it costs a fortune💰 to buy one! techinsider They have to cut down prices or same will happen every time
Source: BusinessInsider - 🏆 729. / 51 Read more »
US, China hold 2nd day of talks with no tariff decisionBEIJING (AP) — U.S. and Chinese trade negotiators held a second day of talks Friday after President Donald Trump's top economic adviser said he has yet to decide whether to escalate a technology dispute by going ahead with a March 2 tariff increase on imports from China. Business groups and economists say this week's talks are too brief to resolve a sprawling dispute over Beijing's technology ambitions. They say China's goal is to persuade Trump to push back the March 2 deadline for a planned duty hike on $200 billion of Chinese imports. 'The vibe is good,' Trump's adviser Larry Kudlow told reporters in Washington. Always looking out for the average Americans right? Those envoys looks suspiciously robot like... Are they trying to decide what Transformers movie is worse or something?
Source: AP - 🏆 728. / 51 Read more »