(Bloomberg) — Asian stocks advanced following a slew of positive headlines from China that supported sentiment. The dollar was steady as the clock ticks down to a tight US election. Most Read from Bloomberg Chinese equity benchmarks rose about 2% to lead the region’s gains. Japan’s Nikkei 225 jumped following a public holiday, while shares in Australia and South Korea slipped. The Bloomberg Dollar Spot Index was flat and the 10-year Treasury yield advanced one basis point. After a cautious start to the day, stocks turned higher upon data that showed China’s service activity expanded at the fastest pace since…
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The Tesla Cybertruck, priced at around $82,235 for the all-wheel-drive model, has made a name for itself with impressive off-road capabilities. With a maximum range of 325 miles, a towing capacity of up to 11,000 pounds, and the ability to accelerate from 0 to 60 mph in just 4.1 seconds, it’s a standout in the electric truck market. However, if you’re not sold on going with a Tesla but still want a capable off-road pickup, there are plenty of alternatives available for less money. The 2024 Tesla Cybertruck features a bold design made from durable stainless steel and offers excellent…
Warren Buffett has taken money off the table this year by selling stock worth billions of dollars.AP Images Investors aren’t sure how to position their portfolios going into the US presidential election. Warren Buffett signaled in Berkshire Hathaway’s third-quarter earnings that he was being cautious. The investor built a record cash pile, slashed his two biggest stock bets, and halted buybacks. Investors are puzzling over how to play the market ahead of Tuesday’s US presidential election. Warren Buffett flashed his poker hand on Saturday, revealing he amassed a record amount of cash, cut his two largest stock bets, and stopped…
In the lead-up to the Brazilian Grand Prix, Alex Albon was forced to withdraw following a serious crash during a heavily rain-affected qualifying session. After losing control of his Williams car and colliding with barriers at Turn 1, Albon’s car sustained significant damage, including a shattered rear and nearly detached front left wheel. Although Williams initially held out hope, the extent of the damage meant there was not enough time to complete repairs before the race, with team boss James Vowles confirming Albon’s withdrawal just an hour before the start. Albon was visibly in discomfort, nursing his wrist after the…
TAIPEI (Reuters) – Taiwan must show it is determined to defend itself no matter who wins the U.S. presidency on Nov. 5, Defence Minister Wellington Koo said on Tuesday as the U.S. election campaign entered its final hours. Donald Trump, the Republican candidate for the U.S. presidency and neck and neck in the polls with Democrat Vice President Kamala Harris, has made comments on the campaign trail that Taiwan should pay to be protected and also accused the island of stealing American semiconductor business. Democratically-governed Taiwan, which China views as its own territory, has faced a sustained military pressure campaign…
The seventh-generation BMW M5 builds on a legacy spanning multiple variations that each showcase different aspects of Bavarian performance engineering. Enthusiasts of the M5 often debate the merits of each generation, from the original, all-engine powerhouse to the thrilling V-10 of the E60. A compelling contender for the best of these might just be the second-generation E34 M5, a car revered in part due to its iconic appearance in the 1998 film Ronin. This model stands out not only for its role in cinematic car chases but also for its classic BMW build and performance, capturing the spirit of the…
Xiaomi has recently made waves in the electric vehicle (EV) market with the launch of the SU7 Ultra electric sports sedan. This new model is designed to compete with industry giants like Tesla and Porsche, aiming to claim the title of the fastest four-door sedan in production. Known primarily for its smartphones and home electronics, Xiaomi is stepping boldly into the automotive world. The original SU7 electric sedan debuted earlier this year in March, impressing consumers with a starting price under $30,000. This affordability helped position Xiaomi as a serious contender in the EV space. However, the new SU7 Ultra…
By Bill Trott (Reuters) -Quincy Jones, the man known simply as “Q” who worked with musicians ranging from Count Basie to Frank Sinatra and reshaped pop music with his collaborations with Michael Jackson, died on Sunday at age 91. Jones’ publicist confirmed the producer’s death. No details on the cause were disclosed. There was little Jones did not do in a music career of more than 65 years. He was a trumpeter, bandleader, arranger, composer, producer and winner of 28 Grammy Awards. A studio workaholic and a virtuoso at handling delicate egos, he shaped recordings by jazz greats such as…
A recent drag race between a Tesla Cybertruck and a Lamborghini Aventador Roadster has taken the internet by storm, but it also led to some serious consequences for the drivers involved. The race occurred on October 13 and was filmed by @CCJMedia. In the video, the bright blue Aventador and the futuristic Cybertruck can be seen blocking traffic on a busy highway before they accelerate in a head-to-head challenge. The Cybertruck, with its distinct sharp design, managed to outpace the Lamborghini, showcasing its powerful performance. Elon Musk caught wind of the viral video, which gained over 150 million views on…
People are seen shopping in a Walgreens in Manhattan, New York City, Nov. 26, 2021.Andrew Kelly | ReutersWalgreens has agreed to pay $100 million to settle a proposed class action lawsuit accusing it of fraudulently overcharging customers for a decade when they bought generic drugs through private insurance, Medicare or Medicaid.Walgreens was accused of wrongly requiring insured customers to pay more than members of its Prescription Savings Club, who for a low annual fee could buy more than 500 widely prescribed generic drugs for $5, $10 and $15 for 30-day prescriptions, and $10, $20 and $30 for 90-day prescriptions without using insurance.In…