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European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.

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European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.
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European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.
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Residents in the New South Wales central west have told a federal parliamentary inquiry of their declining mental health, and pressures to accept low payouts from the insurance industry. The inquiry is probing insurers’ response to catastrophic flooding which hit communities across several states.
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Flood victims from the New South Wales central-west town of Eugowra, are giving to a parliamentary inquiry into the response of insurance companies following in 2022. It is the first time a hearing has been held in the town, with more than a dozen people expected to speak today.
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Brian Nelson, the department’s undersecretary for terrorism and financial intelligence, says the sanctions are still in place.<br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/05/09/sanctions-on-malaysia-based-companies-impactful-says-top-us-treasury-official/<br/><br/>Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/05/09/sekatan-terhadap-syarikat-berpangkalan-di-malaysia-beri-kesan-kata-pegawai-kanan-perbendaharaan-as/<br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #BrianNelson #USTreasury #Sanctions
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Paul Allen, President of Airship AI, was recently interviewed by Benzinga.<br/><br/>Airship AI is a cutting-edge, artificial intelligence-driven video, sensor and data management surveillance platform. Customers rely on its services to provide actionable intelligence in real-time –- collected from a wide range of deployed sensors and utilizing the latest in edge and cloud-based analytics. These capabilities improve public safety and operational efficiency for both public sector and commercial clients.<br/><br/>The company has recently reached an agreement with the U.S. Department of Justice to provide its Outpost AI service.
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The High Court in Kuala Lumpur heard on Wednesdy (May 8 ) that if Datuk Seri Najib Razak had acted on the advice of the board of directors (BOD), SRC International Sdn Bhd would not have incurred any losses from the investment of RM3.6 billion belonging to Retirement Fund Incorporated (KWAP). <br/><br/>Former director of the company, 75-year-old Datuk Che Abdullah @ Rashidi Che Omar, pointed out that SRC International Sdn Bhd operated differently from other publicly listed companies, with its ultimate decision-making authority resting with the former prime minister. <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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