A general view of a factory belonging to LG Electronics collapsed following the impact of Typhoon Yagi, in Trang Due Industrial Zone, Hai Phong city, Vietnam, September 9, 2024.REUTERS/Minh NguyenTyphoon Yagi, Asia’s most powerful storm this year, left dozens dead in northern Vietnam and widespread damage to infrastructure and factories as it churned westwards, preliminary government estimates showed on Monday.Forty-nine people have died and 22 are missing, mostly because of landslides and floods triggered by the typhoon, the Vietnamese government said.The typhoon made landfall on Saturday on Vietnam’s northeastern coast, home to large manufacturing operations of domestic and foreign companies. It was downgraded to a tropical depression on Sunday but the meteorological agency warned on Monday of further floods and landslides.Yagi cut power to…
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HAIKOU, CHINA – SEPTEMBER 08: Passengers wait in line to check in at Haikou Meilan International Airport on September 8, 2024 in Haikou, Hainan Province of China. (Photo by Luo Yunfei/China News Service/VCG via Getty Images)Luo Yunfei | China News Service | Getty ImagesChinese travelers are taking more last-minute trips as they become more cautious with spending amid a lackluster economic recovery.There is a “real crisis of consumer confidence” in China, Anthony Caputano, president and CEO of Marriott International said at the Bank of America Gaming and Lodging Conference last Thursday.More Chinese consumers are booking hotels as late as three…
Editor’s note: The Athletic 134 is a weekly ranking of all FBS college football teams. It took just two weeks for college football to descend into chaos.We’ve had two top-10 teams lose to unranked opponents. Notre Dame appeared to have a clear path to the College Football Playoff, then lost to Northern Illinois. Oregon needed a last-second field goal to beat Boise State. Alabama battled USF deep into the fourth quarter for the second consecutive year.But after a week full of thrillers, the headliner is Texas moving up to No. 2 — and having a case for No. 1 —…
Interest in India has been rising steadily among investors, thanks to its growing economy , strong stock market performance and burgeoning population . Amid some talk of an Indian stock market bubble , however, Pramod Gubbi, co-founder of Marcellus Investment Managers, revealed how he is playing the market. The veteran investor said he is focused on a “bottom-up” strategy, selecting companies with trustworthy, high-quality management teams that are adept in doing business and allocating capital “Management teams know better than anyone else how factors like technological developments affect their business. So, our job is to evaluate whether the management teams…
Cooking oils made from canola from Canada and soybeans are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois.Scott Olson | Getty ImagesChina announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa’s 100% tariffs on Chinese-made electric vehicles and other products come into force.There has been growing trade tension between Beijing and the West in recent weeks after Canada, the United States and the European Union opted to impose tariffs on imports of electric vehicles from China.The inquiry will examine imports from Jan. 1 to Dec. 31, 2023, China’s commerce ministry said in a…
It is sort of endearing that the man considered the greatest NFL player of all time, who has a 10-year, $375 million contract to talk about football games, came across as nervous to open his Fox broadcasting career.Tom Brady — the 47-year-old, seven-time Super Bowl champion — sounded like a rookie out of the gate Sunday. His syntax was stilted. His interesting thoughts were limited. It was a bit awkward.During the Dallas Cowboys’ blowout of the Cleveland Browns, Fox smartly showed Brady on camera a few times — if you land a star like Brady, you show him! — but…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2024. Brendan Mcdermid | ReutersStocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching as stocks rallied Monday and what’s on the radar for the next session.Apple’s big iPhone launchApple unveiled its latest slate of iPhones, Apple Watches and AirPods at its much-watched “Glowtime” event Monday, but investors didn’t seem impressed. The stock fell as…
Sunrise around the Bund river district on November 02, 2023 in Shanghai, China.James D. Morgan | Getty Images News | Getty ImagesAsia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year.The S&P 500 gained 1.16%, after posting its worst week since March 2023. The Nasdaq Composite also jumped 1.16% following its worst week in more than two years.Traders in Asia will monitor August trade data from China and India. China’s exports and imports for August are expected to grow by 6.5% year-on-year…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWyndham Hotels & Resorts now has 19 of the company’s 25 brands in Asia-Pacific. The company’s APAC President Ooi Joon Aun told Squawk Box Asia that the company’s success is mainly owing to employing an “owner-first business philosophy” in the region. Source link
CINCINNATI — Let the record show that Jerod Mayo’s first postgame news conference as a head coach in the NFL was also his first postgame news conference as a victorious head coach in the NFL. But when he stood there in the tiny interview room at Paycor Stadium on Sunday afternoon following the New England Patriots’ 16-10 victory over the Cincinnati Bengals, he convinced nobody when he said, “I try not to get too high, I try not to get too low.”For anybody in the room who might have had difficulty summoning the words to explain just how off-the-mark Mayo…
