Donald Trump says that in his second term “if they do not treat us well” he would be “unlocked from China” by China, because he believes that Beijing would have “Joe Biden” President Donald Trump said he was open in his second term to the possibility of ‘decoupling’ with China …
Read More »Tesla could increase another 71% from current levels, as it unlocks more growth potential in China, says one analyst
Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
Read More »TikTok pleads US government over Trump ban
TikTok app Narinder Nanu | AFP | Getty Images TikTok, the video-sharing application owned by China-based ByteDance, on Monday filed a lawsuit against the U.S. government challenging the Trump administration’s efforts to ban the company’s U.S. operations. In a blog post, TikTok claimed that the ban prevented the company from …
Read More »Stock market today: Dow, S&P Live updates for August 24, 2020
Rio Tinto cuts the CEO, the executives’ bonuses after the groundbreaking explosion
Patrick Hamilton | Bloomberg | Getty Images Rio Tinto said on Monday that it would cut short-term bonuses from its chief executive Jean-Sébastien Jacques and two other seniors following a review of the destruction of the company’s two old caves in Australia. The world’s largest iron ore miner recently stopped …
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