Companies
ABB’s Strategic Swedish Robotics Investment: A Reflection of Global Production Shifts
In a recent announcement, ABB, a leading Swiss engineering and technology group, revealed its decision to allocate a sum of $280 million to establish a new robotics factory in...
Walmart Expands 10% Employee Discount to Most Groceries Nationwide
Walmart is expanding its employee discount program to cover nearly all groceries, including staples...
Fast-Casual Restaurant Stocks Slide as Sales Growth Stalls
Cava shares tumbled 16% on Wednesday, marking the latest setback for fast-casual chains struggling...
Gen Z Fuels Film Photography Comeback Amid Kodak’s Financial Struggles
Clair Sapilewski, a 21-year-old photography major at American University, keeps dozens of rolls of...
Classic Car Market Faces Generational Shift as Monterey Auctions Hit $400 Million
Monterey and Pebble Beach are set to host one of the largest classic car...
China Energy Investment Corp invests $4.08 billion in Q1 2023 to boost clean energy projects
China Energy Investment Corp has achieved its best performance in new energy projects in recent years during the first quarter of 2023, with 1.6...
Xiaomi Denies Being an “International Sponsor of War” After Being Placed on Ukrainian List
Chinese multinational electronics company, Xiaomi Corp, has expressed strong opposition to the Ukrainian government's decision to include it on its list of "international sponsors...
TCL to increase focus on photovoltaics in Brazil
Chinese electronics giant TCL Technology Group Corp is set to increase investment in Brazil and expand its local operations, focusing on home appliances and...
Didi Global Partners with New Energy Vehicle Firms to Mass-Produce Unmanned Ride-Hailing Vehicles
Chinese ride-hailing giant Didi Global Inc has announced its plans to partner with new energy vehicle companies to mass-produce unmanned vehicles for ride-hailing services....
Chinese logistics giant Cainiao partners with Brazil Post for improved efficiency and competitiveness
Cainiao Network, the logistics arm of Chinese tech giant Alibaba Group, has announced a strategic partnership with Brazil Post, the national postal service of...
Italian Companies Express Confidence in China’s Market Growth at Third China International Consumer Products Expo
During the ongoing Third China International Consumer Products Expo in Haikou, capital of Hainan province, top executives of Italian companies expressed their confidence in...
Midea Group to Enhance Competitive Edge in Brazil with New Factory
Midea Group, a Chinese home appliance maker, has announced its latest move to expand its presence in Brazil with the groundbreaking ceremony for its...
Hsu Fu Chi Leads Innovation in Healthy Snacks with New Research Center
Hsu Fu Chi, a snack maker based in Dongguan, Guangdong province, has partnered with the South China University of Technology to establish a healthy...
Pernod Ricard opens four boutique stores in Hainan Free Trade Port
Pernod Ricard, the French wine and spirits group, is optimistic about China's growing economy and has plans to expand its investments while focusing on...
Shenzhen Stock Exchange’s Little Giants Show Strong Momentum in 2022
According to a report by China Securities Journal, the Shenzhen Stock Exchange's A-share companies are on track to make significant profits in 2022. The...
Ethiopian Airlines celebrates 50th anniversary of first flight to China
Ethiopian Airlines, Africa's leading and fastest-growing airline, is celebrating the 50th anniversary of its first flight to China, marking an important milestone in the...
SUEZ to Boost Investment in China’s Water and Waste Management Market
SUEZ Group, a leading French environmental solutions provider, plans to deepen its investment in China's water and waste management market. This move is in...
Realme’s latest GT Neo 5 SE aims to gain larger market share among gamers in China
Chinese smartphone brand Realme is making a push to grab a larger share of the world's largest smartphone market with its latest handset, the...
Adisseo Group Targets China’s Aquaculture Market with New Protein Factory
Adisseo Group, a subsidiary of State-owned Sinochem Holdings Corp Ltd and a France-based animal nutrition provider, is set to launch a protein factory in...
