Business

Cava Beats Quarterly Estimates as Diners Avoid Lettuce Amid Food-Safety Scares

Cava Group topped quarterly expectations and reaffirmed its forecasts as sales grew despite some diners avoiding lettuce amid a summer of food-safety scare

Riot Platforms Surges on $9.1 Billion AI Compute Deal With Anthropic

Bitcoin miner Riot Platforms struck a 20-year, $9.1 billion compute deal with AI developer Anthropic, sending shares higher and highlighting the crypto-to-

CoreWeave Stock Jumps 10% as Revenue Doubles, Debt Hits $35 Billion

CoreWeave shares rose about 10% after revenue more than doubled on AI infrastructure demand, though the company carries roughly $35 billion in debt.

U.S. July Inflation Report Lands Wednesday, Shaping Fed’s Next Rate Move

The U.S. consumer price index due Wednesday is expected to show a modest July rise, giving the Federal Reserve a key signal on its next rate move.

Medicaid Ends Federal Funding for Gender-Affirming Care for Minors

The Trump administration will halt Medicaid and CHIP funding for gender-affirming surgeries and hormone treatments for transgender minors starting October

Tim Cook Visits China: Apple’s Efforts to Strengthen Ties and Adapt to Regulatory Changes

Amidst an evolving regulatory landscape in China, Tim Cook, Apple’s chief executive, made his second trip to the country this year, engaging in a...

Gemini and Genesis Face New York Lawsuit Over Alleged Cryptocurrency Fraud

New York's top legal authority launched a lawsuit against well-known cryptocurrency entities, Gemini Trust Company and Genesis, alleging deceptive practices that resulted in colossal...

Chinese Tech Giants Invest Heavily in AI Startup Zhipu AI

In a testament to the escalating interest in artificial intelligence (AI) within China, renowned tech behemoths Alibaba Group Holding and Tencent Holdings have come...

New US Export Controls Impact China’s Semiconductor Production

The semiconductor landscape is shifting rapidly as new US export controls target China’s chip-making industry. These comprehensive changes, detailed in a 121-page report by...

Chengdu Welcomes World: 81st World Science Fiction Convention Kicks Off in China

China's Chengdu Hosts 81st World Science Fiction Convention: A Spectacular Celebration of Sci-Fi Chengdu, China – The 81st World Science Fiction Convention, or WorldCon, made...

Indonesia’s First High-Speed Railway Unveiled: Jakarta-Bandung HSR Revolutionizes Transport

JAKARTA, Indonesia - In a momentous leap forward for Indonesia's transportation landscape, the Jakarta-Bandung High-Speed Railway (HSR) officially commenced commercial operations on Tuesday, marking...

China’s Quantum Leap: Breakthrough in Quantum System Cooling Tech

In a remarkable feat of technological advancement, China has achieved a groundbreaking milestone in the field of quantum computing. According to reports from Ecns.cn,...

China’s Economic Resurgence: Renewed Confidence and Technological Innovation

Beijing, China - The Chinese economy, a global powerhouse, is experiencing a renaissance characterized by renewed consumer and entrepreneur confidence. This renewed vigor, which...

China’s Property Market Crisis: Country Garden’s Default Threat Signals Widespread Turmoil

Country Garden's (2007.HK) entire offshore debt is on the verge of being declared in default if the largest private property developer in China fails...

Unveiling China’s Mega Bozi-Dabei Ultra-Deep Gas Field: A New Energy Era

In a monumental step towards enhancing its energy resources, China has officially inaugurated its largest ultra-deep condensate gas field, situated in the Xinjiang Uygur...

Tesla’s Margins Under Pressure: What to Expect in Q3 & Beyond

Tesla (TSLA.O) has been a trailblazer in the electric vehicle (EV) industry, but as we move into the latter part of 2023, the company...

China’s Economic Growth, Monetary Policy, and Global Advocacy: A Comprehensive Overview”

In a recent address during the 48th meeting of the International Monetary and Financial Committee held in Marrakech, Morocco, Pan Gongsheng, the governor of...

Costa Rica’s 5G Security Concerns Strain Ties with China: A Deep Dive

In recent developments, Costa Rican officials have expressed concerns about the involvement of Chinese companies in the development of 5G networks, citing cybersecurity threats....

The Digital Evolution: Türkiye and China’s Journey from the Historical Silk Road to Modern Partnerships

The Evolution of Türkiye-China Relations: A Journey from the Historical Silk Road to the Digital Era Introduction: The Flourishing Sino-Turkish RelationsTürkiye and China have walked...

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