Aarav Shen

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

High Noon Recalls Vodka Seltzer After Packaging Mix-Up with Celsius Energy Drink

High Noon, one of the leading ready-to-drink alcohol brands in the U.S., has announced a recall of select Beach Variety 12-packs of its vodka...

India Becomes Top U.S. Smartphone Exporter, Surpassing China

India has officially surpassed China as the largest exporter of smartphones to the United States, marking a pivotal shift in the global electronics supply...

Europe Invests Billions in AI Gigafactories to Regain Global Competitiveness

Europe is moving forward with ambitious plans to establish AI gigafactories as part of its strategy to revitalize its artificial intelligence sector and secure...

Google Agrees to EU AI Guidelines Amid Innovation Concerns

Google has announced its decision to sign the European Union’s voluntary code of practice for general-purpose AI models, a move intended to support broader...

Starbucks Launches Green Apron Service to Revitalize Customer Experience

Starbucks is refocusing its strategy on hospitality and personalized customer service as it works to reverse declining sales and regain market momentum. Through its...

UnitedHealth Issues Cautious 2025 Outlook Amid Rising Medical Costs

UnitedHealth Group has released its 2025 financial outlook, falling short of Wall Street's projections. The company expects adjusted earnings of at least $16 per...

Merck to Cut $3B in Costs by 2027 Amid Keytruda Patent Expiration and Tariff Pressures

Merck has announced plans to cut $3 billion in costs by the end of 2027, a strategic move aimed at offsetting anticipated revenue losses...

Stellantis Reinstates Guidance Amid €2.3B Loss, Forecasts Gradual Recovery

Stellantis, the automotive group behind brands like Jeep, Dodge, Fiat, Chrysler, and Peugeot, has reinstated its financial guidance after reporting a first-half net loss...

AI Chip Startup Rebellions Secures Samsung Investment, Eyes $200M Funding Round

South Korean AI chip startup Rebellions has secured fresh investment from tech giant Samsung and is currently in the midst of raising up to...

PayPal Beats Q2 Estimates but Faces Profitability Concerns

PayPal posted stronger-than-expected results for the second quarter but saw its shares drop more than 8% as concerns over profitability metrics emerged. While the...

Spotify Shares Tumble on Weak Earnings and Guidance

Spotify shares fell more than 11% Tuesday, marking their worst single-day performance since July 2023. The sharp decline followed disappointing second-quarter results and weaker-than-expected...

Rare Earth Elements: A Strategic Battleground in the U.S.-China Trade War

Rare earth elements consist of 17 elements on the periodic table with unique atomic structures that grant them special magnetic properties. These materials are...

Meta Overhauls AI Strategy After Setbacks with Llama 4, Invests Billions in Talent and Tech

Meta’s attempt to compete with OpenAI by emulating innovations from a Chinese AI startup backfired, prompting a major overhaul of its artificial intelligence strategy....

Apple Launches Manufacturing Academy in Detroit to Boost U.S. Manufacturing Skills

Apple is responding to growing pressure to increase U.S.-based manufacturing by launching the Apple Manufacturing Academy in downtown Detroit. Scheduled to open in August,...

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