Companies

Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Betting Markets

FlightAware has dropped its lawsuit accusing prediction-market platform Kalshi of using its data without authorization to power flight-cancellation betting

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...

Huawei helps global telecom carriers achieve digital transformation with innovative technology

Huawei Technologies Co is making strides to help global telecom carriers accelerate their digital transformation with cutting-edge technologies. According to You Jiangtao, vice-president of...

China Energy’s Maerdang Hydropower Station to Begin Operations in March 2024, Cutting Millions of Tons of Emissions

China Energy Investment Corp, also known as China Energy, has announced that Maerdang hydropower station, the highest-altitude facility of its kind on the upper...

Martell partners with Conservation International for mangrove conservation project in China

French cognac brand Martell launched the second phase of its mangrove conservation project at Hailing Island National Mangrove Wetland Park, located in Yangjiang, in...

LinkedIn Admires Chinese Companies’ Globalization Efforts, Offers Assistance in Expanding Presence

LinkedIn, the California-based professional networking platform provider, has expressed admiration for Chinese companies' efforts to expand globally, and has pledged to assist more domestic...

Sino Biopharmaceutical Takes the Lead in Cancer Research with Acquisition of F-star Therapeutics

China's Sino Biopharmaceutical Limited, also known as Sino Biopharm, made a significant move in their on-going global expansion efforts on Thursday, announcing the acquisition...

Dassault Systemes bullish on China’s economic rebound, plans to expand its presence in the market

French industrial software company, Dassault Systemes, is optimistic about the steady economic rebound in China and plans to expand its presence in the market....

China Unicom to Spin Off IoT Subsidiary CUSC and List on Shanghai’s STAR Market

China Unicom, a Chinese state-owned telecommunications company, announced on March 8 that it would be spinning off its subsidiary, China Unicom Smart Connection (CUSC),...

BASF Expands Aroma Ingredient Value Chain Footprint with Investment in Citral Plant in China and Menthol and Linalool Plants in Germany

BASF, one of the world's leading chemical companies, has announced that it will invest in a new citral plant at its site in Zhanjiang,...

CNOOC Completes Construction of All 35 Process Modules for Shell-Led LNG Canada Project

China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas driller, has announced the completion of construction on all 35 process...

Miniso targets further overseas growth as revenue from foreign markets rises

Miniso, a Chinese budget chain retailer, has announced its plans to expand its overseas business as the company celebrates its 10th anniversary. According to...

China Mobile’s Yang Jie proposes green development for data centers

As China continues to digitize, data centers are becoming increasingly essential for processing, storing, and forwarding information. However, with the rising energy consumption and...

Chinese Private Enterprises Confident About Economic Recovery with Government Support

In a recent statement during the two sessions in China, Qi Xiangdong, a member of the 14th National Committee of the Chinese People's Political...

- A word from our sponsors -

spot_img

Follow us

HomeBusinessCompanies