Varex Management to Participate in Upcoming Investor Conferences

Reuters
India shuns China's calls to resume passenger flights after 4 years, officials say
China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the world's two most populous countries, officials said. India-China relations have been tense since the biggest military confrontation in decades on their disputed Himalayan border killed 20 Indian and at least four Chinese soldiers in June 2020. Since the clash, India has made it difficult for Chinese companies to invest, banned hundreds of popular apps and severed passenger routes, although direct cargo flights still operate between the Asian giants.
The Motley Fool
With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up
Natural gas stocks such as Tourmaline will see their fortunes rise as natural gas demand and prices rise. The post With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up appeared first on The Motley Fool Canada.
Oilprice.com
Huge Rare Earths Discovery is Gamechanger in Americas Trade War with China
Greenland’s massive rare earth deposit, acquired by a Nasdaq-listed company, could significantly reduce the West's dependence on China for critical minerals.
Reuters
Russia, China find payments workaround as US sanctions net widens, sources say
MOSCOW (Reuters) -Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin's Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin's visit, specially authorised banks have been set up in border regions which allow Russian firms to open non-resident accounts (NRA) with Chinese banks, a step that has become more important since VTB's Shanghai branch was targeted with sanctions, they told Reuters. Trade between Russia and China ballooned to a record $240 billion in 2023.
Bloomberg
China Eyes Trade War Targets Across Europe for Retaliation
(Bloomberg) -- As in past disputes, China looks to be readying a series of actions to punish the European Union for its proposed tariffs on electric cars.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesThings were
South China Morning Post
Tech war: Chinese chip makers ramp up capacity amid fears of more US sanctions
Chinese foundries, such as Semiconductor Manufacturing International Corp (SMIC) and Hua Hong Semiconductor Group, are ramping up capacity amid fears of more US tech sanctions, according to an industry report. While the country's chip makers lag behind players such as Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics in chip-processing technology, they are "actively" increasing investment in new capacity to accommodate the demand for legacy chips used in applications such as c
Reuters
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Europe's auto industry body showed on Thursday. Germany, the bloc's largest electric vehicle (EV) market, in December brought an early end to subsidies for buying EVs as part of a last-minute 2024 budget deal. It has now seen a year-to-date 16% decline in EV sales, according to the European Automobile Manufacturers Association (ACEA).
Fortune
Chinese carmakers are losing their appetite for Europe after the EU imposed tariffs on their EVs
Over 80% of Chinese vehicle firms are less confident about investing in Europe in the near-term, reports a China Chamber of Commerce to the EU survey.
Reuters
After electoral setback, Modi may be forced to amend India's food policy
MUMBAI/NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi is facing a policy conundrum after losing ground in the recent election: how to control food inflation without resorting to export curbs and more imports - steps that have angered farmers, a sizeable voting bloc. While Modi managed to retain power in a coalition government, his Bharatiya Janata Party (BJP) faces provincial elections later this year in two key agricultural states - Haryana and Maharashtra - that have strong farm lobbies. Losses in the two states could diminish the BJP's stature in the newly formed coalition government, weakening Modi as he seeks the consent of allies for policy initiatives for the first time since he took office a decade ago.
Reuters
EU subsidy probe cools China EV sector's will to invest in Europe, survey finds
The European Union's anti-subsidy investigation into Chinese electric vehicles has cooled Chinese firms' EV sales and harmed their confidence in investing in Europe, a survey of Chinese EV companies showed on Wednesday. Some 82% of vehicle and industry chain firms said the subsidy investigation had eroded their confidence in investing in Europe in the near future, the survey by the China Chamber of Commerce to the EU and the China Economic Information Service showed. The poll, conducted in April and May, was part of a report on Chinese EV manufacturers and Europe.
Bloomberg
China’s LNG Boom Threatened by Growing Menu of Alternative Fuels
(Bloomberg) -- Cracks are appearing in the bullish picture for liquefied natural gas demand in China.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesGlobal majors like Shell Plc and TotalEnergies SE have invested
Yahoo Finance Video
HPE-Nvidia partnership will make AI enterprise history: CEO
Hewlett Packard Enterprise (HPE) announced a new partnership with chip giant Nvidia (NVDA) at its HPE Discover 2024 event in Las Vegas this week, where the former unveiled its "Nvidia AI Computing by HPE" portfolio of AI products. Among these new offerings is the HPE Private Cloud AI. HPE CEO Antonio Neri joins Yahoo Finance's Josh Lipton and Yasmin Khorram "And the core of that, we really focus on the enterprise segment of the market, because when you think about AI, there is the model builders and the hyperscalers, you have the sovereign clouds, and the enterprise," Neri says. "Obviously, we've already seen tremendous traction on the model builder side and the hyperscalers, but we focus on enterprise. And at the core of that is how we deliver a simple AI solution to consume on-premises." Neri was joined onstage by Nvidia CEO Jensen Huang to announce this partnership at Neri's keynote address on Tuesday, June 18. Neri foresees the partnership to "accelerate that adoption" of HPE's enterprise services. Many consumers are still hesitant to engage with AI, which Neri assures he has greatly considered "the human focus" and concern about data security: "And so the point is that we built all of those guardrails into the offer itself. And we believe this is going to help customers feel more comfortable around this. But ultimately is the data-first approach. And we need to make sure that we protect our data." Neri also touches upon Hewlett Packard Enterprise's AI servers and what sets them apart from the rest of the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Bloomberg
Oil Edges Lower as US Stockpile Build Tempers Investor Optimism
(Bloomberg) -- Oil edged lower, after earlier touching a seven-week high, as signs of further growth in stockpiles tempered investor optimism spurred by rising equity prices.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came
Bloomberg
Trudeau Must Match US Tariffs on Chinese Imports, Ontario Premier Says
(Bloomberg) -- The leader of Canada’s most populous province called on Prime Minister Justin Trudeau to impose tariffs on Chinese imports, including at least a 100% levy on electric vehicles, to mirror the Biden administration’s policy.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls
South China Morning Post
Hong Kong's WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines
WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines. The expansion plan forms part of the target the company set last year to grow its users to 500 million by 2032, according to founder Simon Loong. "WeLab is actively exploring different opportunities in Southeast Asia markets by applying for new
Reuters
Oil prices set for second week of gains on signs demand improving
(Reuters) -Crude oil futures were little changed on Friday but were set to rise for a second week amid signs of improving demand and falling oil and fuel inventories in the U.S., the world's biggest oil consumer. "The seasonal demand increase, as shown by the latest EIA data, renewed confrontation between Israel and Hezbollah, and the hurricane season could sustain price strength into the summer," Citi analysts said in a note.
Bloomberg
Oil Set to Notch Weekly Gain as Stockpile Draw Spurs Bullishness
(Bloomberg) -- Oil headed for the first back-to-back weekly gain since early April as a surprise draw in US inventory levels, coupled with signs of robust product demand, signaled buoyant conditions in the world’s top consumer.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge
Simply Wall St.
Top German Dividend Stocks For June 2024
As political uncertainty and economic challenges continue to shape the European markets, Germany's DAX index has not been immune, reflecting a cautious sentiment among investors. In such times, dividend stocks can be particularly appealing for their potential to offer steady income streams amidst market volatility.
The Motley Fool
Top 5 Sectors to Watch in a Bullish Market
Do you want growth in a bull market? These aren't just the sectors to watch but the stocks that should go right along with them. The post Top 5 Sectors to Watch in a Bullish Market appeared first on The Motley Fool Canada.
Canadian Press Videos
How NVIDIA climbed to the top of the stock market, AP Explains
Nvidia’s rapid rise in the stock market reached another milestone this week as the chipmaker briefly became the most valuable company in the S&P 500. Investors now say the company is worth over $3.2 trillion.

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Varex Management to Participate in Upcoming Investor Conferences

Latest Stories

India shuns China's calls to resume passenger flights after 4 years, officials say

With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up

Huge Rare Earths Discovery is Gamechanger in Americas Trade War with China

Russia, China find payments workaround as US sanctions net widens, sources say

China Eyes Trade War Targets Across Europe for Retaliation

Tech war: Chinese chip makers ramp up capacity amid fears of more US sanctions

EU electric car sales drop in May as German demand slumps, industry says

Chinese carmakers are losing their appetite for Europe after the EU imposed tariffs on their EVs

After electoral setback, Modi may be forced to amend India's food policy

EU subsidy probe cools China EV sector's will to invest in Europe, survey finds

China’s LNG Boom Threatened by Growing Menu of Alternative Fuels

HPE-Nvidia partnership will make AI enterprise history: CEO

Oil Edges Lower as US Stockpile Build Tempers Investor Optimism

Trudeau Must Match US Tariffs on Chinese Imports, Ontario Premier Says

Hong Kong's WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines

Oil prices set for second week of gains on signs demand improving

Oil Set to Notch Weekly Gain as Stockpile Draw Spurs Bullishness

Top German Dividend Stocks For June 2024

Top 5 Sectors to Watch in a Bullish Market

How NVIDIA climbed to the top of the stock market, AP Explains