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.

AutoFlight sets new record for the longest eVTOL flight ever with 250.3 km on a single charge

AutoFlight, an innovative eVTOL manufacturer, has recently announced a groundbreaking achievement that has placed them on the map as a serious contender in the...

China’s CGN Plans to Put More than 10 Hualong One Reactors into Operation by 2025

China is ramping up its green energy push with the deployment of over 10 units of Hualong One, a cutting-edge third-generation nuclear reactor that's...

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

US Businesses in China Affected by Trade Tensions but Remain Committed: AmCham China Survey

According to a survey released on Wednesday by the Beijing-based American Chamber of Commerce in China (AmCham China), most US-based companies operating in China...

FlagOpen: China’s Large-Scale Model Open-Source System to Revolutionize AI Development

China has launched FlagOpen, one of the first large-scale model open-source systems, with an aim of driving the country's artificial intelligence (AI) development for...

Huawei Unveils Cutting-Edge Solutions for 5.5G Era at Mobile World Congress 2023

In its latest bid to revolutionize the 5G era, Huawei Technologies Co has debuted a slew of cutting-edge solutions at the Mobile World Congress...

China to Fully Promote 6G and Cutting-Edge Technologies to Boost Industrial System

China is set to push forward with research and development of next-generation technologies, including 6G, humanoid robots, the metaverse, and quantum technology, according to...

Guangzhou named among cities approved by China’s Cabinet to build international consumption center cities

The city of Guangzhou, located in Guangdong province, is known as a key center for trade, manufacturing, and commerce in China. Recently, plans were...

Third annual China-UK Business Dialogue held in Guangzhou to promote bilateral trade and economic cooperation

Government officials, senior business executives, and representatives from China and the United Kingdom have expressed a strong desire to promote China-UK trade and economic...

Chinese biopharmaceutical firm Everest Medicines launches large-scale mRNA vaccine production

On Tuesday, Everest Medicines, a Hong Kong-listed Chinese biopharmaceutical firm, declared the official inauguration of its messenger RNA vaccine industrialization base in Jiashan, Zhejiang...

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 businesses Nestle China has been stepping...

China Defends Market Economy Development Against US Accusations

China's Ministry of Commerce has strongly opposed a recent report released by the office of the United States Trade Representative, claiming it has distorted...

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