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...
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...
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....
