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US drone firm appoints Trump Jr as adviser and sees stock price soar

www.theguardian.com 27-11-2024 07:16 1 Minutes reading

Unusual Machines says president’s eldest son has ‘wealth of experience’ as ‘globally recognized business leader’

A little-known Florida-based drones company said on Wednesday it had appointed Donald Trump Jr as an adviser – then saw its stock price surge.

“Don Jr joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America,” said Allan Evans, chief executive of Unusual Machines.

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World Bank lifts China growth forecasts but calls...
26.12.24 01:29
by theguardian.com

World Bank lifts China growth forecasts but calls for deeper reforms

Policy easing and stronger exports have helped economy, but country still faces property crisis and weak demand

The World Bank has lifted its growth forecasts for China’s economy, but called for deeper reforms and warned that the country will continue to face headwinds from a lingering property downturn.

The Washington-based institution said that it expected China’s gross domestic product (GDP) to rise by 4.9% in 2024 as a result of recent policy easing and stronger exports. That is up from June forecasts of 4.8% and is just shy of Beijing’s own 5% growth target.

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