China calls for APEC cooperation as commerce minister skips opening

SUZHOU, China — Li Chenggang, China’s international trade representative, opened the Asia-Pacific Economic Cooperation trade ministers’ meeting on Friday with a call for regional economies to “send a strong message to the world” in support of cooperation. Li said he was chairing the opening meeting in place of China’s Commerce Minister Wang Wentao, who had…

Read More

Business News: Richemont Financial Results Show U.S. Market Resilience As Middle East Sales Hit By War

“It is, at times, truly surreal, but the US economy, the metrics are still looking better than many other economies,” Johann Rupert, Richemont’s chairman, said on a call with media following the release of the company’s annual financial results. Richemont said sales in the Americas rose 17% from the year before and increased by double…

Read More

Stellantis CEO Antonio Filosa unveils $70B turnaround strategy

Rep. Ro Khanna, D-Calif., joins ‘Mornings with Maria’ to discuss the growing threat from China, rising concerns over AI security, and the economic challenges driving Americans and businesses out of California. Stellantis on Thursday announced a $70 billion turnaround strategy that aims to refocus the automaker on core brands, partnerships and more efficient use of…

Read More