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19 Jan Attack is the best defense in international competition: ECB’s Lagarde

Posted at 13:24h in Europe

President of the European Central Bank (ECB) Christine Lagarde attends a session on the closing day of the World Economic Forum (WEF) annual meeting in Davos, on January 19, 2024. Fabrice Coffrini | Afp | Getty ImagesEuropean Central Bank President Christine Lagarde on Friday said that Europe must...

19 Jan Saudi’s soccer dream suffers a setback with star departure

Posted at 13:21h in Europe

Jordan Henderson acknowledges the crowd after the Saudi Pro League match between Al-Ettifaq and Damak at Prince Mohamed bin Fahd Stadium on Sept. 2, 2023 in Ad Dammam, Saudi Arabia.Francois Nel | Getty Images Sport | Getty ImagesEngland international Jordan Henderson abruptly ended his playing...

19 Jan Who said what at the World Economic Forum (WEF)

Posted at 13:05h in Europe

People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. Denis Balibouse | ReutersThe potential for generative artificial intelligence, when interest rates might be cut, and the ongoing wars in Ukraine and the Gaza Strip were key topics at...

19 Jan Alibaba co-founder Jack Ma praises rural teachers for their educational passion and ‘belief in the future’ in annual address

Posted at 13:00h in Asia

Jack Ma, co-founder of Alibaba Group Holding, has praised the mentality of rural teachers in China and their “belief in the future”, in a message of public support from the increasingly reclusive Chinese billionaire.In a videotaped speech issued by the Jack Ma Foundation on Thursday,...

19 Jan ‘Why is China down again?’ Bewildered Hong Kong-based funds ask BofA Securities to explain stock losses

Posted at 10:45h in Asia

Fund managers in Hong Kong appear to be baffled by the slump in Chinese stocks after the market’s worst start to a year since 2016. Some bearish investors wished they were wrong about the gloom.“We have met many investors in Hong Kong in the past...

19 Jan TikTok owner ByteDance allows employees to cash in stock options earlier under new payroll policy

Posted at 10:00h in Asia

ByteDance, owner of global short video hit TikTok and its Chinese sibling Douyin, has adjusted its payroll policy to allow employees to sell their stock options faster, as plans for an initial public offering (IPO) remain in limbo.Under the new rule, applicable to ByteDance’s 110,000...

19 Jan Grim retail sales suggest possible recession for Britain

Posted at 09:53h in Europe

Shoppers walk past shops on Regent Street on the final weekday before Christmas in London on December 22, 2023. Britain's economy unexpectedly shrank in the third quarter and flatlined in the previous three months, official data showed Friday, raising fears of a recession before an...

19 Jan World Economic Forum: CATL’s Robin Zeng calls for setting aside geopolitical tensions to address EV battery materials shortage

Posted at 09:30h in Asia

Geopolitical tensions must be set aside as the world faces shortages of critical battery materials such as lithium, nickel and cobalt due to surging demand, said Robin Zeng Yuqun, founder of Contemporary Amperex Technology Ltd (CATL), the world’s largest manufacturer of batteries for electric...

19 Jan Hey, sports fans: You spend up to 20% of every game watching gambling advertising

Posted at 09:00h in Canada

Anyone who watches sports is used to seeing betting ads during games, but a collaboration between CBC's Marketplace and British researchers at the University of Bristol found gambling messages fill up to 21 per cent of each broadcast, on average, based on an analysis that...

19 Jan Deficit or surplus? Alberta budget on ‘knife’s edge’ amid sluggish oil prices

Posted at 09:00h in Canada

Slumping oil prices are bringing some relief for drivers filling up their gas tanks this winter, but they're also delivering a financial hit to some provinces as they prepare their next budgets — notably Alberta.Oil prices have fallen by almost 40 per cent since reaching...

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