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 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...
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...
