Tag #Economy

apnews.com
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

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44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

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40% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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Xizang's GDP Grows 6.3 Percent in 2024, Driven by Foreign Trade Surge

Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), driven by a 15.4 percent surge in foreign trade to $1.7 billion, facilitated by new infrastructure and supportive government policies; per capita disposable income rose 8.2 percent.

Progress

48% Bias Score

No Poverty
forbes.com
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Gen Z Demands Data-Driven ESG Accountability

Gen Z investors are demanding transparency and accountability from companies regarding their ESG initiatives; a KPMG survey indicates 75% of sustainability sector companies are unprepared for ESG data assurance, while McKinsey research shows Gen Z is de-emphasizing sustainability in purchasing decis...

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52% Bias Score

Climate Action
forbes.com
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
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Trump's Trade Focus: Challenges and Opportunities for Canada

President Trump's second term begins with an executive order to investigate America's trade deficits, potentially using tariffs, creating challenges and opportunities for Canada which ran a US$41-billion trade surplus with the U.S. in 2023, but this surplus largely disappears if energy exports are e...

Progress

44% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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China Unveils Targeted Measures to Boost NEV Sector Growth

China's Ministry of Industry and Information Technology announced targeted measures to boost its new energy vehicle (NEV) sector, focusing on technological advancements in new system batteries and infrastructure development, as part of broader efforts to stabilize key industries and drive economic g...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
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Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

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32% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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Global Tourism Recovers to Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.

Progress

32% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Expert Advocates for Continued Cross-Border Educational Collaboration Amidst Decoupling

John Quelch, executive vice-chancellor of Duke Kunshan University, stressed the importance of maintaining cross-border educational collaboration at the World Economic Forum in Davos, emphasizing the benefits for global prosperity despite efforts to decouple manufacturing supply chains; he cited his ...

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36% Bias Score

Quality Education
africa.chinadaily.com.cn
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RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Neo Performance Materials Poised for Growth Amidst Geopolitical Shifts

Neo Performance Materials (NEO-T), a Canadian rare earth metals processor, is expanding its operations in Estonia and rationalizing its Chinese facilities to capitalize on the global shift towards renewable energy and electric vehicles, while mitigating geopolitical risks; the company's strong balan...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure