Business

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

China to cultivate digital industrial clusters with global competitiveness

Chinese government officials have announced that the country will intensify its efforts to build basic data systems, enhance digital infrastructure construction, and accelerate the...

Huawei’s net profit rises to $5.1bn as it focuses on growth opportunities

Huawei Technologies Co announced on Friday that it had generated a net profit of 35.6 billion yuan ($5.1 billion) in 2022, with total revenue...

China Calls Out Japan’s Harmful Acts Against Its Semiconductor Industry

China's Ministry of Commerce has called out Japan's planned export restrictions on chip manufacturing equipment, stating that it is a harmful act against China...

China to transition to new energy sources gradually, say industry experts

According to industry experts, China's shift to new energy sources should be gradual rather than abrupt. They suggest building a new type of power...

The Kaola: Arcfox’s innovative electric vehicle catering to mother-infant mobility needs in China

On Sunday, the China Maternal and Child Health Association released a new standard for maternal and infant-friendly vehicles, filling a gap in current mobility...

ADI Collaborates with Chinese Manufacturers to Develop Automotive Chips

During the annual China EV 100 Forum in Beijing from March 31 to April 2, Analog Devices, Inc (ADI) pledged to maintain its commitment...

LONGi Partners with ATP Tour as Official Solar Energy and Hydrogen Partner

Green Energy Technology Co Ltd has announced its partnership with the Rolex Shanghai Masters and the ATP Tour as the official solar energy and...

L’Oreal bullish about China’s economic prospects, sees potential opportunities in the market

Fabrice Megarbane, the president of L'Oreal North Asia Zone and CEO of L'Oreal China, has expressed L'Oreal's confidence and optimism towards China's short and...

Chinese Economy Shows Resilience as Entrepreneurs and Bankers Report Normal Functioning in Q1

Chinese entrepreneurs and bankers have shown increased confidence in the country's macroeconomic outlook in the first quarter of this year, according to a survey...

Advanced Tunneling Technology Used in China’s High-Speed Railway Construction

State contractors in China have demonstrated their expertise in infrastructure construction with the successful completion of a major railway tunneling project. The China Railway...

China Everbright Bank Targets Sustainable Growth with Credit Support Plan for 2023

China Everbright Bank has announced its plan to increase credit support for the real economy in 2023. The bank aims to prioritize credit growth...

Brazil boosts yuan holdings as trade ties with China strengthen

On Friday, the Central Bank of Brazil announced that the Chinese yuan, also known as the renminbi, has overtaken the euro to become the...

China’s Manufacturing Sector Expands for Third Straight Month in March

China's manufacturing sector expanded for the third consecutive month in March, according to data released by the National Bureau of Statistics on Friday. The...

China and Singapore Sign MOU on Upgraded FTA, Commit to Wider Economic Cooperation

Over the weekend, China and Singapore inked a Memorandum of Understanding, announcing the successful conclusion of subsequent negotiations on an upgraded bilateral free trade...

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