London transforms into winter wonderland at the most magical time of the year

London transforms into winter wonderland at the most magical time of the year

– Immerse yourself in the world-famous festive lights that adorn London’s most iconic landmarks and shopping districts – Enjoy enchanting days out with all the family with ice skating and festive shows aplenty Nowhere twinkles as brightly as London in Winter – with whole areas lit up with festive lights, famous storefronts decked … Read more

London pre-open: Stocks seen flat ahead of services PMI

London pre-open: Stocks seen flat ahead of services PMI

London stocks were set for a steady open on Monday as investors eyed the latest reading on the UK services sector. The FTSE 100 was called to open just three points higher at 7,559. CMC Markets analyst Michael Hewson said the continued rebound in Chinese markets alongside the pullback from the lows of the day … Read more

Apple Makes Plans to Move Production Out of China

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. AAPL -0.34% has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly … Read more

Saudi Arabia Eyes OPEC+ Output Increase Ahead of Restrictions on Russian Oil

Saudi Arabia Eyes OPEC+ Output Increase Ahead of Restrictions on Russian Oil

Saudi Arabia and other OPEC oil producers are discussing an output increase, the group’s delegates said, a move that could help heal a rift with the Biden administration and keep energy flowing amid new attempts to blunt Russia’s oil industry over the Ukraine war. A production increase of up to 500,000 barrels a day is … Read more

Opinion: This record number in Nvidia earnings is a scary sight

Opinion: This record number in Nvidia earnings is a scary sight

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday season. Nvidia reported fiscal third-quarter revenue that was slightly better than analysts’ reduced expectations Wednesday, but the numbers weren’t … Read more

Ahead of Xi meeting, Biden calls out China – POLITICO

Ahead of Xi meeting, Biden calls out China – POLITICO

PHNOM PENH, Cambodia — U.S. President Joe Biden offered a full-throated American commitment to the nations of Southeast Asia on Saturday, pledging at a Cambodia summit to help stand against China’s growing dominance in the region — without mentioning the other superpower by name. Chinese President Xi Jinping wasn’t in the room at the Association … Read more

Cars stolen from Drug and Alcohol Services Australia Alice Springs compound

Cars stolen from Drug and Alcohol Services Australia Alice Springs compound

Northern Territory police are appealing for witnesses and dash cam footage after five vehicles were stolen from an Alice Springs sobering up shelter. Key points: The cars were stolen from Drug and Alcohol Services Australia in Alice Springs Northern Territory Police are calling for witnesses to the dangerous driving to come forward Services at the sobering-up shelter are … Read more

China Agrees to Approve BioNTech’s Covid-19 Vaccine for Foreigners, German Chancellor Says

China Agrees to Approve BioNTech’s Covid-19 Vaccine for Foreigners, German Chancellor Says

SINGAPORE—China agreed to approve BioNTech SE’s Covid-19 vaccines for foreign residents, German Chancellor Olaf Scholz said in Beijing Friday, in what would mark the first approval of an mRNA vaccine for Covid-19 for use in China. Mr. Scholz and Chinese leader Xi Jinping also discussed a pathway for approving the BioNTech vaccine for the broader … Read more

Visa beats on earnings and boosts dividend by 20%

Visa beats on earnings and boosts dividend by 20%

Visa Inc. topped earnings expectations for its latest quarter Tuesday as the payments giant continued to call out strong consumer spending trends. Payments volume at Visa V, +1.92% grew 10% in the fiscal fourth quarter, while processed transactions increased 12%. Visa’s revenue rose to $7.79 billion from $6.56 billion and came in ahead of the … Read more

GM Posts $3.3 Billion Quarterly Profit as Shipments to Dealerships Rise

GM Posts .3 Billion Quarterly Profit as Shipments to Dealerships Rise

GM reported a $3.3 billion profit, driven by outsize sales of big pickup trucks and SUVs, the company’s biggest money makers. Revenue jumped 56% to a quarterly record $41.9 billion, as the auto maker worked through a backlog of vehicles that it hadn’t been able to ship the prior quarter because of parts shortages.  GM … Read more