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.
Business Aarav Shen -

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.
Culture Lynn Hatem -

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.
Europe Aarav Shen -

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.
Business Aarav Shen -

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.
Business Aarav Shen -
Latest

China Continues Push to Develop Homegrown Chip Industry with New Tax Policies

China has released its latest preferential tax policies for chip companies in 2023, as part of its broader push to encourage the development of...

China’s First Offshore Carbon Dioxide Injection Well to Aid Carbon Neutrality Goals

China National Offshore Oil Corp (CNOOC) has developed China's first independently designed offshore carbon dioxide injection well, according to industry experts. The well will...

Guangdong Province Urges Cities and Departments to Double Efforts in Attracting Foreign Investment

Guangdong province, one of China's key economic powerhouses, is looking to attract offshore investment in a bid to promote high-quality development. To this end,...

Ozon Global expands into China, opens office in Shenzhen to attract more sellers and offer wider range of products

The past two years have seen a rapid increase in the number of Chinese sellers on Russian e-commerce platforms, with Chinese products now accounting...

Shanghai’s Trade Volume with RCEP Members Grows by 2.5% in First Two Months of 2023

Shanghai, a bustling metropolis in eastern China, has set a new record high in foreign trade with an impressive figure of 681.56 billion yuan...

China and Russia’s Trade Surges 36.4% in First Two Months of 2023, Boosting Economic Cooperation

As trade between China and Russia continues to grow and energy remains a major focus, industry analysts and market observers anticipate increased energy cooperation...

Nike accelerates digital transformation in China with new innovation center

Nike is bullish about China's sportswear market and is focusing on engaging with Generation Z and female consumers, as well as digitalization and sports...

XCMG announces Metaverse Ambassador at CONEXPO-CON/AGG 2023

XCMG, one of China's leading construction machinery companies, made a big impact at CONEXPO-CON/AGG 2023 in Las Vegas, the world's largest construction trade show....

China Mobile leads collaboration with global telecom giants to draft 6G requirements and design considerations

China Mobile, the world's largest mobile carrier by subscriber numbers, is partnering with dozens of multinational telecom carriers and equipment makers to unveil a...

Chinese home appliance makers expand overseas presence amid fierce domestic competition

Chinese home appliance makers are ramping up efforts to expand their presence in overseas markets, invest in localized research and development, and release high-end...

JD.com Partners with Top Tire Brands to Expand Market Share in Post-COVID Era

China's leading e-commerce giant, JD, has launched a campaign to expand its market share in the tire market, which is expected to witness growth...

China Takes Proactive Measures to Protect Economic Recovery Amid Rising Global Financial Uncertainties

Experts predict that China's central bank will implement further policy measures to safeguard the country's economic recovery from external uncertainties. This comes after the...

Guangdong government promises to strengthen follow-up services for private investment projects.

The Guangdong provincial government is taking steps to strengthen its efforts to support the development of private investment. In a recent move, the government...

Tsinghua Unigroup’s Ex-Chairman Zhao Weiguo Investigated for Suspected Crimes

Zhao Weiguo, the ex-chairman of Tsinghua Unigroup, a Chinese semiconductor firm, has been handed over to the procuratorate for investigation and prosecution on suspicion...

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