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...
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 businessesNestle 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...
Shandong Port Group Accelerates Efforts to Build World-Class Port Through Digitalization and Innovation
Shandong Port Group, the world's largest port conglomerate by cargo capacity, is doubling down on its efforts to build a world-class port, as its...
Hualuxe, the British Hotel Brand that Celebrates Chinese Culture
When walking into a Hualuxe hotel, one may believe that it's a Chinese brand but, in fact, it belongs to British company IHG Hotels...
China’s Zhuzhou Rubber Research & Design Institute Co Ltd Clarifies its Products are for Civilian Use Only
State-owned China National Chemical Corp (Sinochem) has denied recent allegations that its Hunan-based subsidiary, Zhuzhou Rubber Research & Design Institute Co Ltd, is involved...
Shenergy Group Co Ltd leads the way in building a domestic hydrogen energy manufacturing value chain
Shanghai-based Shenergy Group Co Ltd has unveiled the world's largest hydrogen-powered mining truck as part of its commitment to building a domestic hydrogen energy...
China’s Origin Quantum Advances in Quantum Computing Technology with First Non-Destructive Probe Electrical Measurement Platform
As Washington tightens its restrictions on chip exports to China, a local startup called Origin Quantum is racing to perfect its technology in quantum...
Alibaba Reports Better-Than-Expected Results Despite COVID-19 Impact
Chinese tech giant Alibaba Group Holding Ltd has posted impressive financial results for the October-December period, with total revenue standing at 247.76 billion yuan...
HP to increase investment in China, sees long-term sustainable growth
In a bid to capitalize on China's crucial market and its pivotal role in global supply chains, tech giant HP has announced its plans...
Strong Recovery Trend: China’s SMEs Show Improvement in January
Industrial data has shown that small and medium-sized enterprises (SMEs) in China experienced a surge in activity during January, indicating a steady recovery in...
