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Venezuelan envoy Remigio Ceballos stated in Beijing that despite concerns in the Chinese capital over last month's unprecedented US assault on Venezuela, ties between the two nations will remain unaffected by third-party interference. Ceballos dismissed reports that Washington would set prices for all oil transactions between China and Venezuela, emphasizing that Chinese enterprises' operations there continue normally.

Rapporterad av AI

A new report from JPMorgan Private Bank reveals that 89% of surveyed family offices hold no cryptocurrency assets, even amid geopolitical uncertainties. While interest in digital assets remains low, 17% of these wealthy families plan future investments. The findings highlight a cautious approach to volatile hedges like crypto compared to more favored areas such as AI.

Japanese cosmetics giant Shiseido is grappling with its biggest challenge in decades, stemming from a costly misfire in North America and eroding market share to nimble Asian rivals. Six years ago, the company spent $845 million acquiring the American brand Drunk Elephant to tap into younger customers, but has since written off more than half the investment due to falling profits and sales.

Rapporterad av AI

Carlos Correa, CEO and cofounder of MejorCDT, details how his platform has surpassed 500,000 users in four years by facilitating investments in certificates of deposit (CDs) from home. The company operates nationwide with 72 employees, mostly women, and highlights the importance of CDs amid electoral uncertainty.

 

 

 

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