Remnants of military conflict surround Zhang Zhong Jie’s cafe. The coffee shop sits within an abandoned military fortification, its entrance surrounded by rusting tanks. It’s a scene the citizens of Taiwan’s remote Kinmen Island know well. All that separates the cafe from mainland China are 6 miles of choppy water and a row of anti-invasion spikes along the beach. Despite …
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China state planner lays out further actions to boost economy but no new plans for major stimulus
The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. Greg Baker | Afp | Getty Images Zheng Shanjie, chairman of China’s National Development and Reform Commission, on Tuesday pledged a raft of actions to bolster the country’s economy during a highly-anticipated press conference. But he stopped short of announcing any new major …
Read More »Samsung issues lengthy apology after results — read the statement
The leading memory chip manufacturer projected that its operating profit for the quarter ending in September will be approximately 9.10 trillion won, missing LSEG expectations. Analysts polled by LSEG expected an operating profit of 11.456 trillion Korean won ($7.7 billion) for the quarter ended Sept. 30. Samsung noted that the performance of its memory division declined due to “one-time costs …
Read More »Manchester City and Premier League both claim victory after ruling over associated party transactions released
The Premier League and Manchester City are both claiming victory after the ruling of their arbitration case was made public on Monday. City challenged the Premier League over its associated party transaction (APT) rules, which are designed to secure the competition’s balance, on the grounds that they were anti-competitive. Both sides welcomed the finding with the Premier League stating that …
Read More »Samsung posts disappointing third quarter profit guidance as it grapples with AI chips
The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images South Korean tech giant Samsung Electronics said it expects worse-than-expected profit for the third quarter. In guidance released Tuesday, the world’s top memory chip maker said …
Read More »Orlando Pride’s unbeaten streak continues as Marta and co. clinch NWSL shield; USMNT injuries lead to changes
Hey there! It’s a season for new accomplishments and new beginnings in American soccer, with the Orlando Pride charting new ground in the NWSL and Mauricio Pochettino finally taking charge of the U.S. men’s national team. I’m Pardeep Cattry with the latest to start the week. 📺 Footy fix All times U.S./Eastern Monday, Oct. 7🏴 League Two: Bradford City vs. …
Read More »Rolls-Royce NYC Private Office showroom caters to top-tier clients
Rolls-Royce has opened its first U.S. “Private Office,” a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. The Private Office, in Manhattan’s trendy Meatpacking District, is central to the fabled British automaker’s new strategy of growing sales and profits from selling more customized, higher-priced vehicles rather than boosting production. Rolls-Royce produced 6,032 cars last year, less …
Read More »Erik ten Hag isn’t the answer to turn Manchester United around, but the club keeps asking the wrong questions
Most managers have a smaller impact on the success or failure of their squad than is generally stated. There is a reason why one of the best predictors of a league table at the start of the season is the wage budget. Talent that wins out. As Bill James famously noted, many coaches will prompt a reasonable upswing simply by …
Read More »Google ordered to open Android app store in Epic Games trial
Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles on June 12, 2019. Kyle Grillot | Bloomberg | Getty Images A U.S. judge issued a permanent injunction on Monday that will force Google to offer alternatives to its Google Play store for downloading apps on Android phones. Google will also …
Read More »PSG’s international break comes at exactly the right time after Arsenal loss and Nice draw expose worries
Getty Images Few European soccer teams have needed the October international break quite like Paris Saint-Germain, who arrive at the pause off the back of a 2-0 loss away at Arsenal in the UEFA Champions League and a 1-1 draw away at OGC Nice in Ligue 1. Isolated as just one week in a longer season, it might not be …
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