Business

China Injects $54 Billion Into State Banks and Insurers to Steady Growth

China will inject $54 billion into state banks and insurers, announced September 6, to steady growth and lift equity investment as the economy cools.

AfD Wins Saxony-Anhalt Vote With 44.5%, Doubling CDU’s Result

Germany's far-right AfD won the Saxony-Anhalt state election on Sunday with a projected 44.5%, more than double the CDU's 18.5%, exit polls indicated.

US Envoys Reach Kyiv After Moscow Talks, No Breakthrough Reported

US envoys Witkoff and Kushner arrived in Kyiv on Sunday after meeting Putin in Moscow, with the Kremlin calling talks useful but reporting no breakthrough.

Iran Says It Struck US Boat in Strait of Hormuz

Iran said Sunday it struck an unmanned US military boat in the Strait of Hormuz, the latest exchange after US strikes on Iranian tankers.

Isar Aerospace Sends First Commercial Rocket to Orbit From Europe

German startup Isar Aerospace launched the first commercial rocket to orbit from continental Europe on Sunday, planning rapid satellite-deployment expansio

American Express Reports Rising Card Spending Among Millennials and Gen Z

American Express reported an uptick in cardholder spending late last year, driven by millennials and Gen Z customers. In the fourth quarter, spending on...

Apple’s Parental Controls Face Limitations in Protecting Kids Online

Parents increasingly rely on Apple’s built-in parental controls to safeguard their children’s online experiences on iPhones, iPads, and Macs. However, recent findings suggest these...

FDA Approves Johnson & Johnson’s Spravato as Standalone Treatment for Depression

The Food and Drug Administration (FDA) has approved Spravato, Johnson & Johnson’s nasal spray treatment, as a standalone therapy for treatment-resistant depression (TRD). This...

Disney’s Moana 2 Joins Billion-Dollar Club, Extending Studio’s Box Office Dominance

Disney’s reign at the box office continues, as Moana 2 has officially surpassed $1 billion in global ticket sales over the Martin Luther King...

Goldman Sachs Introduces AI Assistant to Transform Banking Operations

Goldman Sachs has launched a generative AI assistant designed to support its bankers, traders, and asset managers, marking a significant step in the integration...

Netflix Raises Subscription Prices Again in the U.S. and Other Markets

Netflix is raising the cost of most of its U.S. subscription plans, marking another price hike as the company continues to boost revenue and...

China’s Industrial Robot Sales Face First Decline in Five Years

China’s industrial robot market is projected to experience its first decline in five years, with total deliveries in 2024 estimated at 300,000 units, a...

Foxconn Invests $82 Million in New EV Battery Plant in Zhengzhou

Foxconn Technology Group, a major Apple supplier, is investing 600 million yuan (US$82 million) into a new electric vehicle (EV) battery plant in Zhengzhou,...

Ant Group Restructures Alipay into Two Business Units for Growth

Ant Group, the fintech giant affiliated with Alibaba Group, has announced a significant reorganization of its mobile payment platform, Alipay. The company is splitting...

The Rise of Car Operating Systems: Revolutionizing Vehicle Technology

Modern vehicles are increasingly powered by sophisticated operating systems, a shift that started decades ago with the introduction of electronic control units (ECUs) in...

Quantum Computing Breakthrough with Google’s Willow Chip: Implications for Cryptocurrencies

Google has unveiled Willow, a quantum computing chip capable of unprecedented computational speeds while significantly reducing error rates. This breakthrough could reshape industries, including...

Nordstrom to Go Private in $6.25 Billion Buyout by Founding Family and El Puerto de Liverpool

Nordstrom, the iconic American retailer, is set to become a private company after its founding family and Mexican department store chain El Puerto de...

Lego’s Innovative Strategies Propel Growth Amid Toy Industry Challenges

The toy industry is navigating its second consecutive year of declining sales, but Lego continues to defy the trend. The Danish company achieved a...

2025 Media Industry Predictions: A Baker’s Dozen Insights

As 2025 begins, media executives anonymously share their bold predictions for the year ahead, offering candid insights into the industry's potential transformations. Here are...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness