Chancellor Rachel Reeves defended her trip to China amidst criticism, emphasizing the importance of economic ties and announcing agreements worth £600 million. Critics raised concerns about the deal’s value and the risks of deepening engagement with China, particularly in energy generation. The UK’s approach to China is seen as a strategic move amidst global tensions, with calls for Labour to develop new growth strategies.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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