Aarav Shen

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

M&S Halts Online Orders After Cyber Attack, Shares Drop 5%

Marks & Spencer (M&S) temporarily halted online orders in the UK and Ireland following a cyber attack reported earlier in the week, a move...

Grupo Mexico Reports Strong Q1 Profit Boosted by Rising Metal Prices

Grupo Mexico, the mining and transport conglomerate, reported a 17% increase in its net profit for the first quarter, reaching $1.09 billion, significantly surpassing...

Akio Toyoda Proposes $42 Billion Buyout of Toyota Industries to Strengthen Corporate Control

Toyota Motor Chairman Akio Toyoda has proposed a major acquisition of Toyota Industries in a deal potentially worth 6 trillion yen ($42 billion), marking...

Russia Holds Key Interest Rate at 21% Amid Global Economic Risks and Inflation Pressures

The Russian central bank decided to keep its key interest rate at 21% amid a mix of declining inflation and emerging risks to the...

Colgate-Palmolive Exceeds Expectations and Raises Sales Forecast Amid Tariff Challenges

Colgate-Palmolive reported stronger-than-expected quarterly results, surpassing Wall Street estimates and raising its annual sales forecast on the back of moderate price hikes and increased...

Vale Monitors Trade War Impact as Global Economic Uncertainty Looms

Brazilian mining giant Vale has reported that it has yet to experience a significant impact from the ongoing global trade tensions, despite being one...

Carrefour to Take Carrefour Brasil Private with Shareholder Approval

Shareholders of Carrefour Brasil have approved a proposal by its parent company, French retail giant Carrefour, to take the Brazilian unit private. The approval,...

Amgen Expands Ohio Manufacturing with $900 Million Investment

Amgen, the California-based biotechnology giant, has announced a $900 million expansion of its manufacturing facility in central Ohio, marking a significant move to bolster...

RWE Suspends U.S. Offshore Wind Projects Amid Political Shifts

German energy giant RWE, one of the world's leading offshore wind developers, has announced it has suspended work on its U.S. offshore wind projects...

DoorDash Makes $3.6 Billion Takeover Offer for Deliveroo

British meal delivery company Deliveroo announced it had received a takeover proposal from U.S.-based DoorDash on April 5, offering to buy all of its...

Codelco Reports Q1 Profit Drop Despite Slight Rise in Copper Production

Chilean miner Codelco, the world’s largest copper producer, reported a slight increase in production during the first quarter, although the gain was not enough...

California Proposes Testing of Autonomous Heavy-Duty Trucks on Public Roads

The California Department of Motor Vehicles announced a new proposal on Friday that would allow the testing of self-driving heavy-duty trucks and other large...

Third Point Builds Stake in Kenvue Amid Growing Activist Pressure

Billionaire investor Daniel Loeb's hedge fund, Third Point, is building a stake in Kenvue, the $44 billion consumer healthcare company known for brands like...

Emerging Markets Face Rising Debt and Slowing Growth Amid Trade Uncertainty

Emerging markets and developing countries are facing growing challenges as spiking trade uncertainty adds to their already significant debt burdens and sluggish economic growth....

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