The company is slashing online shopping options and working to improve its physical stores and beef up its local connections.
BUSINESS
Crypto exchange HTX included in EU’s Russia sanctions
By Elizabeth Howcroft PARIS, July 24 (Reuters) – Cryptocurrency exchange HTX was sanctioned by the European Union on Thursday as part of the bloc’s latest effort to tighten pressure on Russia’s …
China Wields Its Rare-Earths Leverage Over Europe With Export Controls
Beijing banned shipments of important supplies to 14 companies on the cutting edge of chemicals processing, electric motors and defense.
New U.S. tariffs target imports from China, Mexico, Canada and 57 other economies
The Trump administration launched a new round of tariffs covering 99.4% of U.S. imports from China, Mexico, Canada and 57 other countries. The post New U.S. tariffs target imports from China, Mexico, …
China slaps export controls on 14 EU entities in retaliation for Russia-related sanctions
China announced on Friday it was adding 14 European entities to an export control list in retaliation for the European Union penalizing 14 Chinese enterprises as part of its latest round of sanctions …
China Hits Back at EU With Export Curbs on Rheinmetall, Others
China slapped export controls on 14 European companies including German defense giant Rheinmetall AG, saying it acted in retaliation against the European Union’s sanctions on mainland and Hong Kong …
China restricts exports to 14 EU entities
BEIJING: China banned exports of products with the potential for dual civilian and military uses to 14 European Union companies on Friday (July 24), citing national security concerns.
China’s largest memory chipmaker sparks fears of a cash drain as it readies for public debut
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China’s equities.
China’s gold imports surge as international prices slump
Gold purchases climb for a third straight month to about 173 tonnes, the highest since March 2024, as the yuan strengthens.
Trump Says ‘We’re Leading China’ in Crypto, But Beijing Would ‘Love to Take That Over’
President Donald Trump reiterated on Thursday that the U.S. must lead in cryptocurrency or risk ceding dominance to China. ‘America First’ in Crypto During the Ratepayer Protection Pledge event, …
China’s Gold Imports Surge After International Prices Slump
Chinese gold imports rose to a two-year high in June, underscoring resilient demand in the world’s biggest bullion market after a plunge in international prices.
China’s largest memory chipmaker sparks fears of a cash drain before blockbuster IPO
CXMT’s massive listing is prompting investors to raise cash, fueling concerns over a temporary market liquidity drain. Analysts say the IPO is amplifying China’s tech sell-off, amid a broader global …
China’s durian imports from Thailand and Malaysia soar as glut pressures growers
Chinese imports of the pungent fruit have increased by 47 per cent in the first half of 2026, prompting a sharp decline in prices.
