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’s Property Insurance Industry Guides to Develop New Insurance Varieties to Support Real Economy

China's property insurance sector has maintained stable growth in 2022, according to data released by the China Banking and Insurance Regulatory Commission. Premiums for...

Changan Launches Presales of Yida Sedan to Compete in China’s Compact Car Market

Chinese automaker Changan has announced the presales of its latest sedan, Yida, in a bid to increase its share of the highly competitive compact...

Chinese Scientists Unveil EV Powered by Sodium-Ion Battery

Chinese scientists have made a significant breakthrough in the commercialization of an emerging technology in the electric vehicle (EV) market. They unveiled an electric...

Chery’s Marque Exeed Launches Flagship SUV Yaoguang to Expand in China’s Premium Market

Exeed, Chery's marque, has launched its flagship SUV, Yaoguang, with the aim of expanding its footprint in China's highly competitive premium vehicle market. According...

Geely Auto Launches High-End Galaxy Series to Compete in Fierce NEV Market

On Thursday, Chinese automaker Geely Auto announced the launch of a new high-end electrified product series in a bid to maintain its competitiveness in...

Hong Kong government unveils budget focused on economic recovery and growth

Hong Kong's government has presented a budget for the upcoming financial year, which includes measures to support the economy's speedy recovery. The financial secretary...

Hong Kong takes steps to spearhead innovation with $6.37 million funding for Web3 ecosystem

Hong Kong's Financial Secretary, Paul Chan, announced on Wednesday that the Hong Kong government will allocate HKD 50 million ($6.37 million) towards the development...

Anyang City Signs 42 Projects Worth $5.6 Billion at Investment Promotion Conference

The 2023 Investment Promotion Conference of Anyang city, Henan province, was held in Beijing on Thursday, where 42 projects were signed, with a total...

China’s Sixth International Import Expo Expected to Bolster Global Openness and Cooperation

China's ongoing efforts to promote economic cooperation and globalization have received a major boost with the upcoming sixth China International Import Expo (CIIE), scheduled...

Multinational Executives in Shanghai Optimistic About China’s Role in Global Business

Senior executives of multinational corporations based in Shanghai share an optimistic outlook on the world's second-largest economy and believe that the China market will...

Top State Assets Regulator Targets Higher Profit Growth for Central SOEs Above National GDP

In a news conference held in Beijing on Thursday, Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission (SASAC) of the State...

Industry leaders urged to empower specialized SMEs with technology and talent

According to experts, more policy support is anticipated to expand financing channels for small and medium-sized enterprises (SMEs) that specialize in niche industries with...

Shenergy Group Co Ltd leads the way in building a domestic hydrogen energy manufacturing value chain

Shanghai-based Shenergy Group Co Ltd has unveiled the world's largest hydrogen-powered mining truck as part of its commitment to building a domestic hydrogen energy...

China’s Origin Quantum Advances in Quantum Computing Technology with First Non-Destructive Probe Electrical Measurement Platform

As Washington tightens its restrictions on chip exports to China, a local startup called Origin Quantum is racing to perfect its technology in quantum...

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