Companies

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

XCMG announces Metaverse Ambassador at CONEXPO-CON/AGG 2023

XCMG, one of China's leading construction machinery companies, made a big impact at CONEXPO-CON/AGG 2023 in Las Vegas, the world's largest construction trade show....

Tsinghua Unigroup’s Ex-Chairman Zhao Weiguo Investigated for Suspected Crimes

Zhao Weiguo, the ex-chairman of Tsinghua Unigroup, a Chinese semiconductor firm, has been handed over to the procuratorate for investigation and prosecution on suspicion...

Novozymes achieves 9% sales growth in China, eyes further expansion

Denmark's Novozymes, a leading provider of biological products, views China as a land of vast potential and prospects for growth. The biotech industry is...

Huawei Leads the Charge for 5.5G Industry Consensus and Commercialization

Huawei Technologies Co is calling on partners to promote industry consensus and commercial deployments for the era of 5.5G, an evolution of 5G technology. Yang...

Schindler’s Revenue Increased in 2022, Anticipates Growth in China in 2023

Swiss elevator manufacturer Schindler is optimistic about its business outlook for 2023 due to the predicted recovery of the Chinese economy. In an interview...

Prominent Bank of China Chairman Liu Liange Resigns

Bank of China, a prominent State-owned commercial lender, announced on Sunday that Liu Liange had tendered his resignation as chairman and executive director of...

China Mobile Leads Efforts to Boost Digital and Real Economies Integration

China Mobile has played a key role in driving the integration of digital and real economies across China by constructing infrastructure and building service...

Chinese construction companies bring digital and green technology to ConExpo 2023

More than 170 Chinese companies have showcased their latest digital, green and intelligent construction technologies at one of the world's largest trade shows for...

Infineon Targets Low Carbon and Digitalization Opportunities in China

Infineon Technologies AG, the German chipmaker, is targeting the opportunities presented by low carbon and digitalization in China. According to David Poon, president of...

Huawei Replaces 13,000 Components Affected by US Restrictions in Past Three Years

Huawei Technologies Co founder, Ren Zhengfei, recently revealed that the company has replaced over 13,000 components affected by US government restrictions with parts developed...

China’s Ministry of Finance Cracks Down on Financial Risk With Fines for Deloitte and Huarong

China's Ministry of Finance has imposed fines on Deloitte & Touche and China Huarong Asset Management Co for lapses in internal governance and risk...

CSPL’s investment in Ain Sokhna Port container terminal to boost trade links between China and Egypt/Africa

Hong Kong-listed COSCO Shipping Ports Ltd (CSPL), a subsidiary of Shanghai-based China COSCO Shipping Corp that specializes in port operations, announced on Thursday that...

Chinese AI Firm LangBoat Raises Funding for Development of Large Language Models

LangBoat, a Chinese provider of large language models, has announced the completion of its Pre-A plus round of fundraising, which has brought its total...

China’s SOEs Ramp Up Green Investment, Paving the Way for Renewable Energy Development

China's state-owned enterprises (SOEs) have been ramping up the construction of new energy projects since the start of the year. Analysts and industry observers...

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