Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.

Global Bond Yields Soar as Higher-Rate Era Squeezes Borrowers Worldwide

Government bond yields climbed across the U.S., Japan, and Europe this week, driven by heavy debt issuance, an oil-price shock, and expectations of prolong

2-Year Treasury Yield Hits Highest Since January on Hot Jobs Data

The 2-year Treasury yield rose to its highest since January 2025 on September 4 after a hot jobs report revived expectations of a Fed rate hike.

Adobe Names Anil Chakravarthy CEO as Shantanu Narayen Steps Back

Adobe promoted veteran Anil Chakravarthy to chief executive as Shantanu Narayen becomes executive chairman, with shares slipping on a separate executive de

U.S. Regulator Probes Nearly 1,000 Tesla Cybercabs as Stock Falls on Launch

U.S. auto safety regulators opened a probe into nearly 1,000 Tesla Cybercabs on Thursday as the Austin launch fell short of investor expectations.

Nvidia Buys Hugging Face for $13 Billion, Keeping It Open Source

Nvidia agreed to acquire AI platform Hugging Face for $12.93 billion, pledging to keep the developer hub open source and independent of its own hardware.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

HPE Raises Annual Forecasts as AI Server Demand Lifts Quarterly Revenue

Hewlett Packard Enterprise raised its annual profit and revenue forecasts after AI server and networking demand drove a quarterly earnings beat.

Microsoft Will Disclose Azure Revenue in Dollars for First Time

Microsoft will report quarterly Azure revenue in dollars for the first time under a new segment structure taking effect in fiscal 2027.

Broadcom Stock Falls as Revenue Forecast Disappoints Despite Upbeat Earnings

Broadcom shares dropped on Thursday after a revenue forecast below estimates, extending a year in which the stock has lagged the broader chip rally.

Google Avoids Ad Tech Breakup as Judge Rejects US Sale Order

A U.S. judge declined to order Google to sell parts of its ad tech business, opting for behavioral fixes over a forced divestiture in the antitrust case.

Shein Shares Fall Again in Hong Kong, Handing Backers 73% Valuation Drop

Shein shares slid 3-5% on their second day in Hong Kong, leaving early private backers with a 73% valuation drop from the IPO.

Chevron Unveils $7 Billion Venezuela Plan to Double Oil Output

Chevron confirmed a $7 billion, five-year plan to more than double Venezuela oil output to 600,000 barrels a day, following a Trump administration push.

Uber Cuts 3,300 Jobs in Company-Wide Restructuring as Shares Rise 2%

Uber is eliminating roughly 3,300 jobs in a company-wide restructuring, a move that lifted its shares about 2% in early trading on Thursday.

GitLab Stock Surges After AI-Driven Quarter Beats Wall Street Estimates

GitLab shares surged toward a 52-week high after the company topped second-quarter estimates on AI-driven demand, prompting a William Blair upgrade.

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