3 Ways Multinationals Can Invest in China—Without Damaging Their Valuation

For decades, China fueled global growth, with annual GDP growth exceeding 7% from 2010 to 2020 and policies that actively encouraged multinational corporations (MNCs) to invest an estimated $3 trillion in China. Today, however, the landscape has shifted. Economic activity is slowing, local competition is intensifying, and geopolitical risks—including the potential impact of a second…

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Guggenheim Lays Off 20 Employees as Financial Challenges Persist

Senior leadership at the Guggenheim will not be taking pay cuts, according to a museum spokeswoman, Tina Vaz. The cuts are spread over six departments, including advancement, education, publications and archives, but do not affect curators and top executives. Additionally, the museum’s chief curator, Naomi Beckwith, who is organizing two major exhibitions in Europe for…

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Stocks set to fall on Trump tariffs

China World Trade Center. Dukai Photographer | Moment Open | Getty Images Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Japan’s benchmark Nikkei 225 was set to open lower, with the…

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Apple stock nears record high

Apple has found its groove again. The iPhone maker’s stock hit $133.82 in early trading Monday, putting Apple less than $1 away from its intraday trading high of $134.54, reached in April 2015. Apple’s stock ended the day at $133.29, beating its previous record closing price of $133, set in February 2015. The stock surge,…

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