Aarav Shen

Aarav Shen covers world news and global markets for Beijing Times, reporting on geopolitics, economic policy, and the forces shaping international affairs.

Spirit Airlines CEO Ted Christie Confirms No Chapter 11 Bankruptcy Plans Amid Recovery Efforts

Spirit Airlines CEO Ted Christie announced on Friday that the budget airline is not considering a Chapter 11 bankruptcy filing, expressing optimism about the...

High-Profile CEOs and Investors Bet Big on Cricket’s Rise in the U.S.

Cricket may not be as popular in the U.S. as it is elsewhere, but prominent CEOs and investors are determined to change that. With...

United Airlines Introduces Personalized Advertising on Seat-Back Screens

United Airlines has introduced a new media platform called Kinective Media, designed to deliver personalized advertisements to travelers through seat-back screens and its mobile...

FDA Expands Approval of GSK’s RSV Vaccine to High-Risk Adults Aged 50-59

The FDA has expanded the approval of GSK’s respiratory syncytial virus (RSV) vaccine, Arexvy, to include adults aged 50-59 who are at increased risk...

General Motors Leverages Costco Partnership to Boost EV Sales

General Motors (GM) has found a strategic ally in Costco Wholesale to help drive U.S. consumer interest in its new electric vehicles (EVs). By...

Synapse Bankruptcy Leaves $85 Million Shortfall, Over 100,000 Fintech Customers Affected

A court-appointed trustee has uncovered an $85 million shortfall between the funds held by Synapse's partner banks and the amounts owed to depositors. Synapse,...

Russia Seeks New Allies at St. Petersburg International Economic Forum Amid Western Sanctions

Russia’s annual St. Petersburg International Economic Forum (SPIEF), once likened to the World Economic Forum in Davos, has shifted focus due to the ongoing...

Dollar Tree Considers Selling Family Dollar Amid Struggles and Store Closures

Dollar Tree announced on Wednesday that it is considering selling its more grocery-focused Family Dollar brand. This comes after the company revealed plans to...

BlackRock and Citadel Securities Back New Texas Stock Exchange TXSE

BlackRock and Citadel Securities are among the prominent investors backing a new national stock exchange, the Texas Stock Exchange (TXSE), based in Texas. TXSE...

Starling Bank Shifts Focus to International Expansion Through Software Platform Engine

Digital bank Starling has announced it will not re-apply for a European Union banking license, opting instead to pursue international expansion through its proprietary...

Ron Baron Defends Elon Musk’s $56 Billion Pay Package for Tesla

Billionaire investor Ron Baron, a long-time Tesla advocate and shareholder, has voiced strong support for CEO Elon Musk’s contentious $56 billion pay package in...

Hanesbrands Sells Champion Business to Authentic Brands Group for $1.2 Billion

Hanesbrands has announced the sale of its global Champion business to Authentic Brands Group (ABG) in a transaction valued at $1.2 billion, including contingent...

Barry Sternlicht Defends Redemption Cap Amid Starwood Real Estate Fund Losses

Barry Sternlicht, chairman and CEO of Starwood Capital Group, has defended his decision to cap the amount of money investors can withdraw from his...

Payhawk Eyes Mergers and Acquisitions to Expand Corporate Spend Management Footprint

Corporate payments startup Payhawk is gearing up for mergers and acquisitions to strengthen its position in the corporate spend management sector and compete with...

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