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TikTok’s fate is in the Senate’s hands, Eli Lilly deal gets Amazon into the weight-loss drug business, and other news to start your day...
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China's efforts to boost auto sales by cutting downpayments on car loans stand to be frustrated by a price war and consumer caution, chiefly benefiting a few brands favoured by younger buyers, such as Tesla and Nio, analysts said. Authorities pitching the move as a way to boost the economy said this week they would set car loan terms and quotas "reasonably", but stopped short of revealing the new levels. "It won't move the needle much," said Christopher Beddor, deputy director of China research at Gavekal Dragonomics...
Continue ReadingConsumers worldwide are increasing the percentage of spending allocated online...
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Continue ReadingCan this tech giant regain its mojo and start rising once again?...
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Continue ReadingAmazonâs management expects further growth in revenue and operating profits for 2024, making a strong case for continued optimism. Find out why AMZN stock is a Buy...
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