The Navigator paper company is Europe’s largest manufacturer of printing and writing paper, and the sixth largest producer in the world. We went to Portugal and visited a eucalyptus field, a nursery, and one of their paper mills to see how Navigator produces 1.6 million tonnes of paper a year. MORE BIG BUSINESS VIDEOS: How
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The North Korea leader’s temporary disappearance and rumours of ill health have put the spotlight on his sister Kim Yo Jong as a potential successor. The FT’s Korea and Washington correspondents talk to Jung Pak, author and former CIA officer. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a
NIO is the latest electric vehicle-maker to earn the aspirational label of “Tesla Killer.” As the fastest growing EV company in China, it has a legitimate shot given that China is the biggest purchaser of EVs worldwide. However, just two years ago, NIO was almost bankrupt–a common problem in this nascent sector. In order to
Howard Schultz says that even though Starbucks is a massive operation, “it’s still early days” for the organization and you can expect much more growth.
Financing a new or used car is more expensive than ever, new research shows. Amid rising interest rates and elevated auto prices, the share of new car buyers with a monthly payment of more than $1,000 jumped to a record high, according to Edmunds. For the first time, just over 15% of consumers who financed a
dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there have been signs of slowing inflation, the Federal Reserve is expecting higher interest rates to continue. “It looks like this year might be a
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from the central bank’s December meeting. At a meeting where policymakers raised their key interest rate another half a percentage point, they expressed the importance of
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a new 52-week low on Wednesday after the company missed its 25,000-unit production target for last year.
Filadendron | E+ | Getty Images The share of workers who quit their jobs jumped in November for the first time since last spring — and they’re getting a big pay bump for moving, data shows. The “quits rate” among U.S. workers was 2.7% in November, up from 2.6% the prior month, according to U.S.
In this article 9961-HK BIDU 9999-HK JD BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News
While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 and Dec. 24, according to the latest Mastercard SpendingPulse survey. For many consumers, the amount of debt they took on to pay for holiday purchases grew as well.
In this article HON PFE MU BABA BABA MSFT CRM WYNN Follow your favorite stocksCREATE FREE ACCOUNT The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. Pual Yeung | Bloomberg | Getty Images Check out the companies making
In this article GM 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it sold
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Cyberpunk 2077 was one of the most anticipated video games of all time. Its developer, Poland’s CD Projekt Red, was beloved by fans and critics alike. But inside the company, employees depicted a process marred by poor planning, technical shortcomings and unrealistic timelines. When it came to building one of the most complex games ever
In 2019 New York City will have a new neighborhood – Hudson Yards. CNN Money’s Vanessa Yurkevich gets an all access tour from Related Companies C.E.O. Stephen Ross.
Valentinrussanov | E+ | Getty Images As the Federal Reserve continues to hike interest rates, you may assume you’re earning more on the money in your savings account. But that may not be the case. related investing news Baird upgrades Block, says ‘The Street loves a comeback story’ Samantha Subin 12 hours ago 2023 looks
Craig Warga | Bloomberg | Getty Images Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales in the quarter, down from 3,560 last year, according to a report from
A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing | Getty Images BEIJING — Another budget-priced electric car brand is taking off in China, this time selling compact SUVs. Nezha, named after a feisty Chinese mythological
In this article EDR Follow your favorite stocksCREATE FREE ACCOUNT Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV. Amy Kaplan | Icon Sportswire | Getty Images Media and entertainment company Endeavor saw its shares fall on Tuesday after a video showing
Designer491 | Istock | Getty Images If you’re eager to boost your retirement savings, there’s good news for 2023: higher 401(k) contribution limits. And now is the time to adjust your deferrals, financial experts say. You can funnel $22,500 into your 401(k), 403(b) and other such plans for 2023, up from the $20,500 limit in
Anadolu Agency | Anadolu Agency | Getty Images Mega Millions players may be daydreaming about what they’d do with an extra $785 million, the game’s current jackpot amount. One way they should count on using it if they win? Sharing a slice with the IRS. After no tickets matched all six numbers drawn Friday night,
In this article LIN TAP SQ C Follow your favorite stocksCREATE FREE ACCOUNT Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty Images Check out the companies making headlines in midday trading. Tesla –
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric cars in Germany on March 21, 2022. Sean Gallup | Getty Images News | Getty Images Tesla just published its fourth-quarter vehicle production and delivery report for 2022. Here are the key numbers. related investing news Some analysts see a buying opportunity in
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty Images Southwest Airlines stabilized its schedule over the weekend after about 16,000 cancellations, but its
SodaStream helps you make seltzer water and soda right at home. It’s all the rage right now, and it’s supposed to be easier on the environment and better for the consumer. What we really want to know, though, is how the taste of SodaStream sodas compares to that of brand-name products. So we got a
Watch Parts 2 & 3 here: https://www.youtube.com/playlist?list=PLqq4LnWs3olWZfE2J2rlb-vOq0c-U23nZ The music world was forever changed when an American teenager named Shawn Fanning started Napster in his dorm room. In doing so, he triggered a momentous shift in how media is consumed everywhere. #SystemShock #MP3 #Music ——– System Shock is an original series focused on the stories behind
Motorola’s Droid Turbo 2 starts at $624 and comes with a “shatterproof” screen. CNNMoney put it to the test.
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. China’s economy likely grew by just 3% in 2022, economists
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