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...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Kweichow Moutai Retains Top Spot as Most Valuable Chinese Brand for Fifth Year in a Row
Kweichow Moutai has once again secured its position as the most valuable Chinese brand for the fifth year in a row, with a brand...
LONGi Partners with ATP Tour as Official Solar Energy and Hydrogen Partner
Green Energy Technology Co Ltd has announced its partnership with the Rolex Shanghai Masters and the ATP Tour as the official solar energy and...
L’Oreal bullish about China’s economic prospects, sees potential opportunities in the market
Fabrice Megarbane, the president of L'Oreal North Asia Zone and CEO of L'Oreal China, has expressed L'Oreal's confidence and optimism towards China's short and...
Advanced Tunneling Technology Used in China’s High-Speed Railway Construction
State contractors in China have demonstrated their expertise in infrastructure construction with the successful completion of a major railway tunneling project. The China Railway...
China Everbright Bank Targets Sustainable Growth with Credit Support Plan for 2023
China Everbright Bank has announced its plan to increase credit support for the real economy in 2023. The bank aims to prioritize credit growth...
China Continues Push to Develop Homegrown Chip Industry with New Tax Policies
China has released its latest preferential tax policies for chip companies in 2023, as part of its broader push to encourage the development of...
China’s First Offshore Carbon Dioxide Injection Well to Aid Carbon Neutrality Goals
China National Offshore Oil Corp (CNOOC) has developed China's first independently designed offshore carbon dioxide injection well, according to industry experts. The well will...
Nike accelerates digital transformation in China with new innovation center
Nike is bullish about China's sportswear market and is focusing on engaging with Generation Z and female consumers, as well as digitalization and sports...
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...
