MELBOURNE, Australia (AP) — Australian and Vietnamese prime ministers on Thursday discussed ways of improving an already booming economic relationship, as part of Australia’s strategy to diversify trade away from China. Vietnamese Pham Minh Chinh’s official state visit came after he attended a summit of Southeast Asian leaders this week co-chaired by his Australian counterpart […]
By Dave Sherwood HAVANA (Reuters) – Cuba’s top cigar maker Habanos said on Monday its sales had soared to a record $721 million in 2023, a benchmark the company’s executives attributed to booming demand for its most luxurious, high-end smokes in markets including China. Habanos co-president Luis Sanchez-Harguindey said revenues jumped 31% over the previous […]
Feb. 8—Economic growth is expected after the Alabama Port Authority, in partnership with CSX Transportation, announced on Wednesday that Decatur will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile. The new facility will be the second Port Authority inland rail facility behind Montgomery’s — which […]
To all devoted MAGA patriots aboard the Trump Train: America’s economy appears to have gone woke and is now fully supporting the reelection of Crooked Joe Biden. I’m not sure how this happened, but no matter how much we say the economy is terrible, it keeps unpatriotically refusing to be terrible, posing a direct threat […]
International Business Machines (NYSE: IBM), a company that has been largely written off by investors over the past decade, is having a moment. A yearslong transformation effort has rejiggered the company’s portfolio, aligning it on two priorities: Hybrid cloud computing and artificial intelligence. In both areas, IBM’s strength lies in its ability to offer full-scale […]
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. The Never Trump movement might be on life support, but one of the outlets that it gave birth to is flourishing. The Bulwark, a clear-eyed conservative news publication that […]
President Biden’s top advisers this week are launching a new aggressive push to tout the economy’s strength as the presidential campaign heats up, hoping to flip what has long been perceived as one of the president’s biggest political vulnerabilities into an asset. The messaging effort reflects a renewed confidence among Biden’s economic brain trust in […]
By Aditi Shah HYDERABAD, India (Reuters) – Lufthansa is pulling flight capacity from other countries to meet booming travel demand in India, which is now the German airline’s fastest-growing major market, Chief Commercial Officer Heiko Reitz said on Thursday.Lufthansa’s flight capacity to India is 14% higher than pre-COVID levels, even as it has yet to […]
Russian oil cargoes are still sailing via the Red Sea to get to India, according to S&P Global. Iran-backed Houthi rebels have been attacking commercial ships in the Red Sea since November. Many commercial shipping lines and vessels have rerouted from the Red Sea to avoid getting caught in the attacks. Attacks by Houthi rebels […]
Americans are being bombarded by two conflicting messages about electric vehicles: They’re booming. But they’re also piling up on dealer lots because no one wants them. Both things happen to be true, just as the next election is poised to be the first to spotlight EVs as a campaign issue. The U.S. market for EVs […]
person holding phone with PayPal app 1_PayPal PayPal (NASDAQ: PYPL) is unique in the fintech and payments space in that it has products and services that cater to different customer groups, including individuals, small businesses, and larger enterprises. A history of success and a trusted brand certainly help attract new business. Investors are likely familiar […]
When it comes to security, Microsoft (MSFT) is known more for its failings than its prowess. But that’s not stopping it from taking on cybersecurity stocks like CrowdStrike (CROWD), Palo Alto Networks (PANW) and Zscaler (ZS) in a bid to become a security powerhouse. X And the offensive is paying off, fueling a revenue stream […]