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

Budweiser China promotes road safety awareness with traffic police general brigade

Budweiser China, a unit of Budweiser Brewing Co APAC Ltd, has partnered with the traffic police general brigade of Shanghai Municipal Public Security Bureau...

Greater Bay Airlines’ New Boeing Order Signals Growth in Asia-Pacific Aviation Market

Greater Bay Airlines, a new Hong Kong-based carrier, has placed an order for 15 Boeing B737-9 airplanes and five B787 Dreamliners, as part of...

Chinese Manufacturing Sector Should Focus on Global Expansion and Cutting-Edge Technologies, Says TCL Founder

Li Dongsheng, the founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, has called on China's manufacturers to shift from exporting...

China’s CGN Plans to Put More than 10 Hualong One Reactors into Operation by 2025

China is ramping up its green energy push with the deployment of over 10 units of Hualong One, a cutting-edge third-generation nuclear reactor that's...

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

US Businesses in China Affected by Trade Tensions but Remain Committed: AmCham China Survey

According to a survey released on Wednesday by the Beijing-based American Chamber of Commerce in China (AmCham China), most US-based companies operating in China...

Huawei Unveils Cutting-Edge Solutions for 5.5G Era at Mobile World Congress 2023

In its latest bid to revolutionize the 5G era, Huawei Technologies Co has debuted a slew of cutting-edge solutions at the Mobile World Congress...

Chinese biopharmaceutical firm Everest Medicines launches large-scale mRNA vaccine production

On Tuesday, Everest Medicines, a Hong Kong-listed Chinese biopharmaceutical firm, declared the official inauguration of its messenger RNA vaccine industrialization base in Jiashan, Zhejiang...

CNPC’s Guangdong petrochemical project is a major milestone for the company and China’s petrochemical industry.

China National Petroleum Corporation (CNPC), the leading oil and gas producer in China, has recently announced that its petrochemical project in Guangdong has reached...

China Unicom Aims to Unlock Full Potential of Digital Economy with Multi-Win 5G Ecosystem

China Unicom, one of the largest telecommunication providers in China, has recently called for increased efforts to foster a 5G community that benefits all...

Nestle China Reports 3.5% Growth, Prioritizes Innovation and Quality to Meet Changing Demands of Local Consumers

Nestle China focuses on innovation, localization and digitalization to drive growth in coffee, infant nutrition, pet and health science businesses Nestle China has been stepping...

Agilent Technologies’ Shanghai Manufacturing Center Reaches Laboratories in 110 Countries and Regions Worldwide

According to executives of Agilent Technologies Inc, a US-based company engaged in life sciences, diagnostics, and applied chemicals, products from Agilent Technologies (Shanghai) Co...

China’s State-Owned Enterprises Poised to Expand Globally in 2023, Experts Say

According to experts and business executives, China's State-owned enterprises (SOEs) are expected to increase their revenue and expand their global market presence this year...

Walmart China’s Fourth Quarter Growth Sparks Recovery of Consumer Goods and Retail Sectors

Industry insiders have pointed to Walmart China's strong fourth-quarter growth as a sign of a steady recovery for the fast-moving consumer goods and retail...

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