China · Business
Same event, multiple sources, transparently cited.
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Warren Buffett criticizes speculative stock market, urges patience and discipline
Warren Buffett called the current stock market speculative gambling and urged investors to focus on long-term value.
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Shein secures China approval for Hong Kong IPO after US and London listing failures
Shein received China Securities Regulatory Commission approval on July 10 to launch its Hong Kong IPO after earlier US and UK setbacks.
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French billionaire Xavier Niel buys 16.2% stake in Vodafone from UAE's e& for about $6 billion
Xavier Niel's investment vehicle Vega acquired a 16.2% stake in Vodafone from UAE telecom group e& for nearly $6 billion.
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Volkswagen proposes up to 100,000 job cuts and multiple factory closures by 2030
Volkswagen plans to cut up to 100,000 jobs worldwide and close several German plants as part of a cost-saving overhaul amid industry challenges.
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New Zealand Reserve Bank raises Official Cash Rate by 25 basis points for first time in 3 years
The Reserve Bank of New Zealand raised its Official Cash Rate from 2.25% to 2.5% on July 8, 2026, marking its first hike since 2023.
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Hong Kong launches trial of new gold clearing system to boost bullion trading
Hong Kong launched a trial gold clearing system in July 2026 backed by 11 banks to establish a global gold price reference.
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Jensen Huang's Signed Tom Ford Leather Jacket to Be Auctioned at Sotheby's New York
A black Tom Ford leather jacket worn and signed by NVIDIA CEO Jensen Huang will be auctioned at Sotheby's in New York in July 2026.
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Hong Kong insurers' shares tumble as China enforces tax on offshore insurance income
Shares of major Hong Kong-listed insurers fell sharply after reports China began taxing offshore insurance returns at 20%.
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Spotify Premium subscribers exceed 300 million in Q2 2026, revenue hits €4.8 billion
Spotify reported over 300 million Premium subscribers and €4.8 billion revenue in Q2 2026, with service expansions and AI features announced.
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Apple reports 16.4% revenue increase in Q3 2026 but warns of supply challenges in Q4
Apple posted $109.4 billion revenue for Q3 2026 with strong profit growth but issued a cautious Q4 outlook citing supply chain issues.
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Apple reports $109.4B Q3 revenue with strong iPhone and Mac sales amid supply shortages
Apple posted $109.4 billion in Q3 2026 revenue, beating forecasts despite supply chain issues and a CEO transition.
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Meta lowers Q3 revenue forecast, raises 2026 capital expenditure guidance
Meta forecast Q3 2026 revenue of $61-$64 billion, below analysts, and increased full-year capital spending guidance.
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Ferrari sells full 2026 Luce EV target within two months of launch
Ferrari reached its annual sales goal of just under 500 Luce electric vehicles within two months of the May 25 launch.
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Hermès Q2 2026 revenue rises 6.7% despite weak China sales and luxury market slowdown
Hermès reported 6.7% revenue growth in Q2 2026 at constant exchange rates, driven by strong Americas sales despite challenges in China and the global luxury sector.
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Elon Musk’s X launches invite-only X Money banking service for US Premium subscribers
Elon Musk’s X platform introduced X Money, a banking-like service offering real-time payments and high-yield deposits to US Premium users.
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Chinese automaker BYD launches electric Racco kei minicar in Japan to challenge domestic brands
BYD launched its all-electric Racco kei minicar in Japan on July 28, targeting the domestic-dominated kei segment with competitive pricing.
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DeepSeek suspends second funding round after viral leak of founder’s AI remarks
DeepSeek paused its second fundraising round after founder Liang Wenfeng’s comments on China-US AI competition surfaced online.
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Samsung Bonuses Over $400,000 Spark Labor Strikes Across South Korea
Samsung Electronics agreed to pay bonuses exceeding $400,000, triggering protests and broader labor strikes across major South Korean firms.
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Zhongji Innolight targets up to $8 billion in Hong Kong's largest IPO in seven years
Chinese optical transceiver maker Zhongji Innolight aims to raise about $8 billion in a Hong Kong IPO set for July 30, 2026.
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Samsung Biologics to acquire Swiss drugmaker PolyPeptide in $1.8 billion cash deal
Samsung Biologics announced an all-cash offer to buy Swiss peptide drugmaker PolyPeptide Group AG for about $1.8 billion.
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Global chip stocks tumble amid AI spending concerns and geopolitical tensions
Semiconductor stocks plunged worldwide in mid-July 2026 as investors questioned AI spending and reacted to Middle East conflicts.
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Apple seeks AI chip startups to boost AI server processor development
Apple is pursuing acquisitions of semiconductor startups to enhance AI server chip capacity amid delays with its next-gen processor.
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Stripe and Advent International offer over $53 billion to acquire PayPal
Stripe and Advent International jointly offered to buy PayPal for more than $53 billion, valuing the company at $60.50 per share, a 28% premium.
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China's new home prices decline slows in June 2026 amid uneven city-level trends
China's new home prices fell 0.1% in June 2026, easing from May's 0.2% drop, with tier-one cities showing modest gains while others lagged.