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Industry News

Tesla's Model Y slumps in China sales rankings, data shows

Tesla's Model Y, which launched to customers in China in January, fell to sixth place in April, down from third, according to China's Passenger Car Association.

Source: Top News and Analysis (pro) | 13 May 2021 | 11:17 pm

Australia will be 'patient' in trying to improve relations with China, says deputy prime minister

China said last week it would "indefinitely" suspend an economic dialogue it was to have held with Australia, the latest in the rift between both countries.

Source: Top News and Analysis (pro) | 13 May 2021 | 11:02 pm

Already under massive stress from the virus, more Indian workers turn to ‘gig economy’ livelihoods

The coronavirus pandemic has shaken up the country's labor force, moving the focus sharply to freelance, part-time jobs.

Source: Top News and Analysis (pro) | 13 May 2021 | 10:18 pm

UBS says some sectors are about to surge and names the 'key opportunities' in global stocks

The bank said a number of automotive, energy and construction stocks could provide investors with a "key opportunity" in a research note.

Source: Top News and Analysis (pro) | 13 May 2021 | 10:14 pm

Asia accounts for 99 out of 100 top cities facing the biggest environmental risks

Indonesia's Jakarta was named the riskiest city globally due to severe air pollution as it also faces perennial threats from flooding and seismic activities.

Source: Top News and Analysis (pro) | 13 May 2021 | 8:37 pm

Japan's Nikkei 225 jumps more than 1%; Alibaba shares in Hong Kong plunge nearly 5%

The Dow Jones Industrial Average surged more than 400 points overnight as stocks stateside rebounded from sharp losses in the previous session.

Source: Top News and Analysis (pro) | 13 May 2021 | 7:40 pm

Jeff Blackburn to return to Amazon as company's most powerful person in Hollywood

He will oversee Prime Video, Amazon Studios and the tech giant's music, podcast and gaming businesses.

Source: Top News and Analysis (pro) | 13 May 2021 | 7:31 pm

Coinbase CFO on crypto investors, dogecoin and growing competition

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Source: Top News and Analysis (pro) | 13 May 2021 | 7:03 pm

The lockdown trade is dead on new CDC mask guidance, says Jim Cramer

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Source: Top News and Analysis (pro) | 13 May 2021 | 6:37 pm

Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference

Disney's disappointing subscriber additions for Disney+ resemble Netflix's last quarter. But Disney charges far less, making its slowing growth more worrying.

Source: Top News and Analysis (pro) | 13 May 2021 | 6:12 pm

Stock futures are little changed after major averages snap 3-day losing streak

U.S. stock futures were in little changed in overnight trading on Thursday.

Source: Top News and Analysis (pro) | 13 May 2021 | 6:03 pm

Is Bitcoin worth the energy and environmental costs?

After Elon Musk's surprise announcement that Tesla would suspend Bitcoin transactions, people are heatedly arguing over whether the cryptocurrency is wrecking the planet. Read More

Source: Fortune | 13 May 2021 | 5:47 pm

Disney parks took another hit from Covid, but loosening pandemic restrictions offer hope for rebound

Disney's theme parks were hit hard by Covid in the fiscal second quarter, but new CDC guidance means increased capacity and a possible rollback of restrictions.

Source: Top News and Analysis (pro) | 13 May 2021 | 5:32 pm

MLB says Oakland A's can explore new markets, but it's not clear where they'd go

The league said the franchise could start to explore options to seek a new home as city officials contemplate a new stadium on an Oakland waterfront property.

Source: Top News and Analysis (pro) | 13 May 2021 | 4:59 pm

Disney's 'Shang-Chi' and 'Free Guy' will have 45-day theatrical run, CEO says

Disney's "Shang-Chi and the Ten Rings" and "Free Guy" will play exclusively in theaters for 45 days, the company's CEO said during an earnings call Thursday.

Source: Top News and Analysis (pro) | 13 May 2021 | 4:50 pm