Middle Eastern Sports Headlines at 11:50 p.m. GMT
China keeps its World Cup hopes alive despite a 1-0 loss to South Korea. Thailand and India miss out
China keeps its World Cup hopes alive despite a 1-0 loss to South Korea. Thailand and India miss out
BEIJING (Reuters) -Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys. Apple's total shipments for the quarter ending in June stood at 9.7 million units, down from 10.4 million units in the same quarter last year, Canalys data shows. In contrast, Huawei's smartphone shipments surged 41% year-on-year to 10.6 milion in the quarter, bolstered by the launch of its new Pura 70 series in April.
Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than in 2023, the Federation of Thai Industries (FTI) said on Thursday. In the January-June period, car production contracted 17.39% from a year earlier to 761,240 units, the federation said. "Stricter measures for credit approval from financial institutions, coupled with household debt that was nearing 90% of GDP, led to a higher rejection rate for auto loans," Surapong Paisitpattanapong, spokesman of the FTI's automotive industry division, told a news briefing.
Investing.com-- Oil prices settled higher Thursday after cutting intraday losses after stronger U.S. economy data helped improve sentiment on crude demand just as China oil imports fell.
Go on Skyscanner, search “Everywhere” for the month of September and you will find return flights for under £30. Croatia, Portugal, Italy, Spain, all at our fingertips for the cost of two limoncello spritzers and a packet of nuts.
Japan's industrial output likely fell in June, reversing from gains made the previous month, led by suspension of some auto production, a Reuters poll found on Friday. Retail sales were seen rising last month, while job data will likely stay steady for the month, according to the poll. A series of economic data will come out ahead of the Bank of Japan's two-day monetary meeting that ends on Wednesday.
Investing.com-- Oil prices settled lower Friday, suffering a third consecutive losing week as concerns over sluggish demand conditions in China dented sentiment.
U.S. futures and oil prices rose. Early Friday, Tokyo's Nikkei 225 index was up 0.3% at 37,977.30, after sinking 3.3% the day before amid heavy sell-offs in many markets. Tokyo's core consumer price index rose 2.2% in July, rising for the third straight month to its highest level in four months, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate at a policy meeting next week.
NEW DELHI (Reuters) -The CEO of Diageo's Indian business has been summoned by New Delhi anti-corruption police investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, according to a source and a police notice seen by Reuters. Hina Nagarajan, the CEO of United Spirits, has been asked to appear before police on Friday and provide several documents related to company sales, according to a confidential July 4 police notice to the CEO seen by Reuters. Nagarajan, who is also a member of United Spirits majority-owner Diageo's global executive committee, did not respond to Reuters requests for comment.
TOKYO (Reuters) -Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported on Friday. The world's top-selling automaker would seek to make the island of Kyushu where Fukuoka is located a central part of its supply chain for battery-powered vehicles and an export base for Asia, the newspaper said. A Toyota spokesperson said the company was aware of the report, but that it was not something it had announced.
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.Although global sales remained even, "profit was impacted by increased sales incentives and marketing expenses to meet intense sales competition and optimise inventory," particularly in the United States, Nissan said.
Oracle has signed an accord with Rai Way to install its systems for artificial intelligence applications at the Italian infrastructure firm's data centres, the two companies said on Thursday. Oracle's corporate clients will be able to access Oracle's database solutions, cloud options and disaster recovery technologies at Rai Way's data centres, some of which are remotely located. The companies said such data centres, located in more remote areas than the main cloud infrastructure hubs in the country, were particularly useful for cybersecurity services because that added "a further layer of protection against any attempts by cyber-criminals to locate data geographically."
HOUSTON (Reuters) -Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns. "Yesterday’s better-than-expected U.S. GDP growth figures initially supported the crude market," said George Khoury, global head of education and research at CFI. "The Chinese demand situation is going down the tubes here and crude oil prices are going down with it," said Bob Yawger, director of energy futures at Mizuho in New York.
Over the past year, the Indian stock market has shown robust growth with a 43% increase, despite a recent 2.0% drop over the last seven days. In this context of anticipated earnings growth of 16% annually, dividend stocks can be particularly appealing for investors seeking both stability and potential income in a dynamic market environment.
That didn’t take long.
Republican presidential candidate Donald Trump called in to Fox News Thursday, where he told supporters that presumptive Democratic nominee Kamala Harris is a “radical left, not very smart person” who’s part of a massive conspiracy to weaponize the nation’s legal system against him. Harris’ campaign fired back mere minutes later with an email blasting the “78-year-old convicted criminal’s Fox ...
The director also says Yeoh was the only actress considered for the role
The post Ru Yi Yuan: Rude, stingy & unhygenic auntie has hour-long queue for vegetarian bee hoon appeared first on SETHLUI.com.
The 18-year-old travelled to Thailand to train in arts before falling severely ill.
The former beauty-queen-turned-Hollywood-star gets candid about what she has and hasn't done amid the aging process
Almost 35 years ago, Gerald Ford predicted that America would get its first female president only when a male incumbent could no longer continue.