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Shares in automaker Porsche fell on Tuesday after the company cut its 2024 outlook, saying various suppliers were affected by a shortage of special aluminium alloys.
BEIJING — While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels, China went into its weekend largely unaffected.
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.
With China long established as the world’s factory, the United States has led a push to divert manufacturing and supply chains away from the world’s second-largest economy. In this three-part series, we look at whether the so-called China plus one strategy is working for the world’s manufacturers.
Embattled Secret Service Director Kimberly Cheatle told a House panel on Monday that "we failed" to maintain the agency's "solemn mission to protect our nation's leaders" during the attempted assassination of former President Donald Trump on July 13.
Ryanair shares fell Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months.
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled to recover from Friday's globe-spanning IT outage, disruptions that sparked criticism from Transportation Secretary Pete Buttigieg.
