Lynn Hatem

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

Author's Latest

Meta May Overtake Google Search in Ad Revenue This Year, Bernstein Says

Bernstein analysts say Meta could pass Google Search in advertising revenue by year-end 2025, driven by returns on its roughly $60 billion AI spending.

PG&E Sinks 18%, Edison Falls 23% as California Wildfire Bill Omits Liability Cap

PG&E fell 18% and Edison International 23% after a California wildfire bill offered victim protections but no cap on utility liability, exposing investors

Nvidia Invests $3.5 Billion in MediaTek to Deepen AI Chip Partnership

Nvidia has committed $3.5 billion to MediaTek through convertible bonds, expanding an AI chip partnership between the two semiconductor firms.

Eli Lilly to Buy Merida Biosciences for Up to $2.88 Billion in Cash

Eli Lilly will acquire autoimmune drugmaker Merida Biosciences for up to $2.88 billion in cash, expanding its immunology pipeline.

China Property Stocks Slide as New Presale Mortgage Rules Squeeze Developer Cash

China's central bank unveiled new housing presale rules requiring staged release of buyer funds, sending property stocks lower on developer funding concern

Aon Nears $17 Billion Deal for KKR-Backed Broker USI Insurance

Aon is nearing a roughly $17 billion agreement to acquire KKR-backed USI Insurance Services, one of the largest brokerage deals in years.

Sony Music, Warner Sue Anthropic Over Alleged Copyright Theft

Sony Music and Warner have sued Anthropic, alleging "blatant theft" of copyrighted lyrics used to train its Claude AI models as the firm eyes an IPO.

Qantas Shares Jump 4% on New Business Seats as Profit Hits Four-Year Low

Qantas shares rose 4% after unveiling new business-class seats, even as full-year profit fell to a four-year low on higher fuel costs.

Yen Hovers Near 160 as Oil Surge Pressures Asian Currencies

The yen hovered near 160 per dollar on Monday as an oil rally pushed investors toward safety, with Goldman saying carry trades will keep thriving.

Deutsche Bank Downgrades Novo Nordisk to Sell After 70% Stock Plunge

Deutsche Bank downgraded Novo Nordisk to sell on Thursday after the Ozempic maker's stock fell roughly 70% from its peak amid rising competition.

American Airlines Adds Seven International Routes on New XLR Jets for 2027

American Airlines will launch seven new international routes in 2027, using its Airbus A321XLR jets to link smaller European cities to Philadelphia and New

Nvidia Stock Climbs After Blockbuster Results Soothe AI Jitters

Nvidia shares rose Thursday after strong quarterly results and guidance eased AI demand worries, prompting Goldman Sachs and Citigroup to raise price targe