[ad_1] Hong Kong CNN Business — Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve raised rates by 75 basis points and forecast even more hikes ahead, fueling concerns about a recession. The Hang Seng …
Read More »Goldman upgrades Estee Lauder, says investors are underappreciating path to ‘robust’ sales growth
[ad_1] It’s time to load up on Estee Lauder shares, according to Goldman Sachs. Analyst Jason English upgraded the cosmetic company to buy from neutral, saying it is a stronger company emerging from the pandemic with a “pathway for robust sales growth acceleration.” The analyst also hiked his price target …
Read More »China’s ‘Lipstick King’ returns to Alibaba’s Taobao Live after missing for three months
[ad_1] Hong Kong CNN Business — One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked to his appearance with a cake shaped like a tank, in what many believed was an oblique reference to the Tiananmen Square massacre. On Tuesday night, Li Jiaqi …
Read More »Biden declares the pandemic over. People are acting like it too
[ad_1] CNN — President Joe Biden made multiple unequivocal and controversial statements in an interview with “60 Minutes” that aired Sunday. Among them: On some other topics there was some equivocation. On 2024, his plan is to run for reelection, but no firm decision has been made. On the classified …
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