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ECONOMY

Comac Enhances Safety Measures as C919 Jet Production Enters Crucial Phase

Friday, Jan 03

Comac commits to safety as C919 production ramps up amid challenges in the global aviation sector.

ECONOMY

Hedge Funds Achieve Highest Returns Since 2020, Reports Goldman Sachs

Friday, Jan 03

Goldman Sachs reports hedge funds delivered their best average returns since 2020, reaching 12.75% in 2024 amid volatile market conditions.

ECONOMY

RBI may reduce policy rates by 50 basis points in early 2025

Friday, Jan 03

RBI is predicted to lower policy rates by 50 bps in early 2025, enhancing growth but posing challenges for banks' earnings.

ECONOMY

Biden Administration Finalizes Tax Credit Rules for Hydrogen Energy Amid Environmental Concerns

Friday, Jan 03

New rules for hydrogen tax credits by the Biden administration aim to support clean energy, though environmentalists raise concerns over loopholes favoring fossil fuel-based hydrogen.

ECONOMY

Pistachios Rise in Popularity: California Leads Production Boom

Friday, Jan 03

Pistachios are becoming increasingly popular in California, due to their sustainability and new flavor trends, presenting challenges and opportunities for producers.

ECONOMY

Stellantis Faces 37% Drop in Italy Production, Reaches Lowest Output Since 1956

Friday, Jan 03

Stellantis' vehicle production in Italy fell 37% in 2024, marking the lowest levels since 1956 amid declining car demand.

ECONOMY

Key Dates and Deadlines for Filing Taxes in the 2025 Season

Friday, Jan 03

Find essential deadlines and new IRS rules for the 2025 tax season, including filing dates and standard deduction changes.

ECONOMY

China Expands Subsidies to Boost Smartphone Sales Amid Economic Challenges

Friday, Jan 03

China is set to extend consumption subsidies to smartphones to stimulate domestic spending amid rising external economic challenges.

ECONOMY

China's Economic Landscape in 2025: Key Challenges Ahead

Friday, Jan 03

China faces significant economic challenges in 2025, including a real estate crisis, declining consumer confidence, and potential trade tariff impacts.