Author: MNK News

BEIJING (Reuters) -China’s Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. William Li, Nio’s CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of the Firefly in European markets. Nio unveiled the Firefly brand on Saturday and touted it as a rival product to Mercedes’ Smart and BMW’s Mini. The company originally conceived Firefly to boost its market share in Europe but the European Commission in…

New York City turned on its headgetty Goodbye to overwrought speculation – Hello to enlightened reality. When? Likely right away as delayed tax-driven selling starts in January. Why? Because optimistic excitement always gives way to sensible analysis. When easy money gains reverse, speculators exit. Where? Mainly in stocks, but bonds, real estate, and cryptocurrencies are all game, as well. From my previous article, “2025 Outlook – Expect A New Investing Cycle,” here is the list: Bond market – The “bond vigilantes” have returned to reset interest rates to reality. That means investors should focus on economic and financial fundamentals, not…

AI and human-to-human interactions are the best way to deliver an amazing customer service … [+] experience.getty Welcome to Part Two of my 10 trends and predictions for 2025. (In case you missed it, here’s Part One.) So, let’s get right into it, starting with No. 6. 6. Customers will not tolerate a poor or mediocre experience and will give you fewer chances to make it right. Our annual CX research (sponsored by RingCentral) asked, “How many chances would you give a company after a bad customer service experience before switching to a new company?” The answer is 2.2 chances…

(Reuters) – Starbucks workers have expanded their strike to four more U.S. cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added New Jersey, New York, Philadelphia and St. Louis, Workers United said in a statement. It did not say where the New Jersey walkout was occurring. Starbucks did not immediately respond to a request for comment outside regular business hours. Talks between the coffee chain and the union hit an impasse with unresolved issues over…

Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling. Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240. It has dropped by over 16% from its highest level this month. Data by Nansen shows that Hayes, the co-founder and former CEO of BitMEX, moved 7 million tokens worth $8.47 million to Binance. Moving a cryptocurrency from a self-custody wallet is usually a sign that a crypto investor is selling. According to Arkham, Hayes now owns 7.19 million ENA tokens worth over $8.5 million. His other…

Happy senior couple relaxing on deck chairs at beachgetty The suits on Wall Street will say that $460K isn’t enough to retire on. Well, that “modest” nest egg will earn $64,860 in dividends alone when invested in this simple 7-CEF portfolio. CEFs are the code name for closed-end funds. They are a lesser-known cousin to exchange-traded funds (ETFs) and mutual funds. CEFs tend to have modest assets under management. Which is their superpower. Fewer assets mean greater yields! Consider the 7-CEF portfolio we are about to discuss versus the standard high-yield stock benchmark ETF: CEF High YieldsContrarian Outlook There is…

Arturo Lomeli is transforming his super premium tequila brand into Mexico’s first luxury house—including hotels and boutiques—while maintaining the brand’s independence. By Chloe Sorvino, Forbes Staff Inside his modern home in the hills of Guadalajara, Mexico, Arturo Lomeli is eating one of his favorite foods—taquitos, piled high with crema, salsa and guacamole—as tequila is poured into crystal flutes around the table. The blue-and-white hand-painted ceramic bottles that Lomeli’s brand, Clase Azul, has become famous for dot the room. Next up are mezcals in decanters painted a matte black, red or teal. And then there’s the special edition añejo tequilas, featuring…

(Reuters) -Japan’s competition watchdog is expected to find Google guilty of violating the country’s antitrust law, Nikkei Asia reported on Sunday, citing sources. The Japan Fair Trade Commission(JFTC) will soon issue a cease and desist order asking Google to halt its monopolistic practices, the report added. Google did not immediately respond to request for comment while the JFTC could not be reached for comment. The Japanese competition watchdog started investigating Google for a possible breach of antimonopoly laws in web search services last October, following similar steps by authorities in Europe and other major economies. Chrome is the world’s most…

The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000. The cryptocurrency market is showing signs of recovery after the recent slump. Ethereum (ETH), which fell as low as $3,000, has managed to push above $3,400. Bitcoin (BTC) has also shown slow reversal, with prices hovering around the $97,000 level. Meanwhile, a community token on Solana (SOL) called Send (SEND) has seen its price surge by over 360%. SEND 1D Price Chart From CoinGecko The price of SEND has gone up from a 24-hour low of $0.01468 to as high as…

M1989 howitzers on a train in Russia.Via exilenova_plus The Russian army went to war in Ukraine in February 2022 with around 2,000 tracked howitzers. In 34 months of brutal combat, the army has lost no fewer than 800 of these self-propelled artillery pieces to Ukrainian action. Hundreds more have been sidelined by a shortage of fresh gun barrels. At the same time, production of new howitzers has fallen well short of demand. And Russia’s once vast stocks of old Cold War howitzers may have declined by half as engineers scour storage yards for intact guns—or intact pieces of otherwise rusted…