Category: Business News

By Rahul Trivedi and Vivek Mishra BENGALURU (Reuters) – Average house prices in India will rise steadily over the next few years, driven mainly by demand from wealthy individuals, while the rising cost of living will put home ownership out of reach for most people, a Reuters survey showed. As India’s middle class tightens its…

By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden and first lady Jill Biden on Sunday hosted AIDS survivors, advocates and family members who have lost loved ones to the disease at the White House AIDS Memorial Quilt exhibit, the first time that shown there in its decades-long history. The event, marking World AIDS…

By Jessica Donati and Trevor Hunnicutt WASHINGTON (Reuters) – Joe Biden left for Angola on Sunday on a trip to fulfill a promise to visit Africa during his presidency and focus on a major U.S.-backed rail project aimed at diverting key minerals away from China. The project, partially financed by a US loan, links the…

BEIJING, December 1, 2024 /PRNewswire/ — Snowsky Salt Industry Group Co., Ltd. (Snowsky Salt, 600929.SH), a Chinese salt manufacturing and marketing company, launched a series of new products focusing on ecological salt on November 27. The presentation event, which was held in Changshathe central capital Chinese Hunan Provinceattracted more than 160 representatives of industrial associations,…

SYDNEY (Reuters) – Australia’s central bank said on Monday risks to non-bank lenders in securitization were limited as the labor market remained resilient, supporting households and businesses, and the size of the sector remained small overall. Speaking in Sydney on Monday, David Jacobs, head of domestic markets at the Reserve Bank of Australia, said that…

President Joe Biden pardoned his son, Hunteron Sunday night, sparing the younger Biden from possible prison terms on federal gun and tax charges and reversing his past promises not to use the president’s extraordinary powers to benefit his family members. The Democratic president previously said he would not pardon his son or commute his sentence…

(Refiles to change to ‘plead’ in the main paragraph, from ‘plead’) By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden said on Sunday he had pardoned his son, Hunter Biden, who was convicted of making false statements during a gun background check and illegal possession of a firearm and pleaded guilty to federal tax…

Investing.com – China’s manufacturing sector grew faster than expected in November, purchasing managers’ index data showed on Monday, as a series of recent stimulus measures from Beijing appeared to bear fruit. A reading of 51.5 for November, well above expectations for a reading of 50.6, and the previous month’s reading of 50.3. Stronger printing was…

HONG KONG, December 1, 2024 /PRNewswire/ — This year marks the 45th anniversary of diplomatic relations between the two China and Portugalas well as the tenth year of Fosun’s deep involvement in the Portuguese market. As a global, innovation-driven consumer group rooted in China, Fosun has grown into China’s largest private enterprise with the largest…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It’s a little joke of the universe that the first American trial of a child of a current president began four days after the first conviction of a former president. Hunter Biden is…