Chinese retail sales grew by 4.8% year-on-year in October picking up from September’s 3.2% growth, as per the National Bureau of Statistics on Friday. That annual retail sales forecast exceeded the 3.8% growth precited by a Reuters poll. read more ​  ​Chinese retail sales grew by 4.8% year-on-year in October picking up from September’s 3.2%

Taiwanese tech giants Foxconn, Pegatron, and Quanta are poised to rapidly increase U.S. investments if trade policies shift under a potential second Trump term. read more ​  ​Taiwanese tech giants Foxconn, Pegatron, and Quanta are poised to rapidly increase U.S. investments if trade policies shift under a potential second Trump term. read more 

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Michael Burry, the hedge fund manager renowned for predicting the 2008 financial crisis, has significantly increased his exposure to Chinese technology companies while simultaneously implementing protective measures against potential downside risks, according to regulatory filings. read more ​  ​Michael Burry, the hedge fund manager renowned for predicting the 2008 financial crisis, has significantly increased his

Eli Lilly proposed a plan to ensure 340B entities pay no more than the ceiling price by providing them with cash directly on a weekly basis. read more ​  ​Eli Lilly proposed a plan to ensure 340B entities pay no more than the ceiling price by providing them with cash directly on a weekly basis.

General Motors’ autonomous driving unit Cruise has agreed to a payment of $500,000 in criminal fines for providing a false record to the NHTSA. read more ​  ​General Motors’ autonomous driving unit Cruise has agreed to a payment of $500,000 in criminal fines for providing a false record to the NHTSA. read more 

Peter Thiel said that Musk was “incredibly important” in this shift, providing what he called “a great deal of cover” for other industry figures. read more ​  ​Peter Thiel said that Musk was “incredibly important” in this shift, providing what he called “a great deal of cover” for other industry figures. read more 

The surge in corporate borrowing is driven by a rally in credit and equity markets, which has pushed borrowing costs to historic lows. read more ​  ​The surge in corporate borrowing is driven by a rally in credit and equity markets, which has pushed borrowing costs to historic lows. read more