Country Garden Holdings Co., a Chinese property developer, is facing financial difficulties due to its massive debt burden. In light of this, its venture capital arm, Country Garden Venture Capital, is considering selling its stake in ChangXin Memory Technologies Inc.

Boeing firefighters approve new contract deal

Chile’s government has announced that SQM and Codelco will move forward with the signing of a binding lithium partnership by the self-imposed deadline of Friday, despite facing increasing challenges. Finance Minister Mario Marcel expressed his hope that the agreed deadlines would be met, emphasizing that a deal of this magnitude involves a comprehensive implementation process beyond the mere signing of a document.

Lenovo Group Ltd. is expected to maintain its outperformance compared to its peers due to its attractive valuations and growth potential in emerging markets. Despite being the top performer on Hong Kong’s Hang Seng Index this month, the stock is still considered cheap in comparison to global competitors such as Dell Technologies Inc.

According to the Commerce Department, the U.S. economy expanded at a slower pace in the first quarter than previously thought. This was due to downward revisions in consumer spending and a decrease in a key measure of inflation. As a result, the Federal Reserve may consider cutting interest rates before the end of the year. Gross domestic product, which is a measure of economic activity, grew at an annualized rate of 1.3% from January to March, lower than the initial estimate of 1.6% and significantly slower than the 3.4% growth in the last quarter of 2023.

According to Deutsche Bank AG, if the Trump administration imposes new trade restrictions, it could have a negative impact on the US economy. This could lead to an increase in inflation and prevent the Federal Reserve from cutting interest rates until next year.

ConocoPhillips’ $22.5 billion acquisition of Marathon Oil is just the latest in a string of major deals reshaping the energy sector. However, not all companies will benefit equally from this trend.

If historical patterns hold true, the recent Ozempic storyline on South Park could potentially signal a temporary peak in the stock prices of obesity drug manufacturers. It has been observed that companies prominently featured in the animated comedy often experience a decline in their stock performance the following year. According to Spectra Markets, the median stock underperforms the S&P 500 by 7% one year after appearing on South Park.