Business

Cisco Stock Drops Despite Earnings and Revenue Beat on Wall Street

Cisco shares fell after hours despite beating Wall Street estimates on earnings and revenue, as investors focus on AI-driven networking demand and guidance

Total Solar Eclipse Sweeps Europe and Arctic, Sending Hotel Prices Past $1,000

A rare total solar eclipse crossed Europe, Iceland and the Arctic on August 12, drawing millions and pushing some hotel prices above $1,000 a night.

US Inflation Eases to 3.4% in July Despite Energy Price Shocks

US consumer inflation slowed to 3.4% in July 2026 despite energy price shocks, though costs for essentials remain elevated as the Fed weighs its next move.

Bob Iger, Josh Kushner Buy Los Angeles Lakers in Record $12.5 Billion Deal

Bob Iger and Josh Kushner are buying the Los Angeles Lakers for a record $12.5 billion, pending NBA board approval, in the second sale within a year.

Wendy’s Stock Surges 12% on Nelson Peltz Take-Private Bid

Wendy's shares jumped 12% after a report that Nelson Peltz's Trian Fund Management is preparing an offer to take the burger chain private.

China doubles down on attracting foreign investment, expands market access and improves services

China has set its sights on attracting and utilizing more foreign investment this year, as outlined in the Government Work Report submitted to the...

Private Enterprises to Receive More Support and Level Playing Field, Says All-China Federation of Industry and Commerce Chairman

In an effort to promote the growth of the private economy, Gao Yunlong, chairman of the All-China Federation of Industry and Commerce, announced on...

China’s Microgravity Combustion Experiment in Space Station Progresses with First Ignition Test

China has achieved a major milestone in space exploration with the successful ignition test in the combustion cabinet of the Mengtian space lab module,...

China’s Minister of Science and Technology: AI to Play a Key Role in Socio-Economic Development

Chinese Minister of Science and Technology, Wang Zhigang, has announced the country's plans to leverage the power of artificial intelligence (AI) to advance its...

China’s Housing Market Sees Double-Digit Growth in Transaction Volume Fueling Market Confidence

The Chinese housing market saw a strong rebound in February, with many cities reporting double-digit monthly growth in housing transaction volume. Experts predict that...

China’s Fiscal Revenue Expected to Improve as Economy Rebounds, Says Finance Minister

China's Finance Minister Liu Kun has highlighted the country's fiscal revenue growth prospects for the year ahead, pointing to an expected improvement in the...

Chinese Central Bank Senior Official Shares Plan to Increase Renminbi’s Global Profile

China is determined to expand the international reach of its currency, the renminbi, in the coming year. A senior official of China's central bank,...

China’s Commitment to Economic Liberalization Highlighted in Government Work Report

China is determined to continue its efforts to attract and utilize foreign investment, and this goal has been highlighted in the Government Work Report...

Xinjiang’s Tourism Revenue Reaches $2.4 Billion Thanks to Booming Ice-and-Snow Tourism

Northwest China's Xinjiang Uygur autonomous region is witnessing a remarkable recovery in tourism in 2022, thanks in large part to the increasing popularity of...

Greater Bay Airlines’ New Boeing Order Signals Growth in Asia-Pacific Aviation Market

Greater Bay Airlines, a new Hong Kong-based carrier, has placed an order for 15 Boeing B737-9 airplanes and five B787 Dreamliners, as part of...

China to Intensify Efforts to Stabilize Foreign Trade Amidst Global Challenges

Chinese officials and experts have announced plans to ramp up efforts to stabilize foreign trade and improve trade structures to support the growth of...

China’s services sector shows strong growth in February

China's services sector activity continued to expand for a second consecutive month in February, indicating a rebound in the country's economy after the pandemic....

Experts Predict China’s NEV Market to Sustain Rapid Growth Amid Rising Demand and New Models

China's new energy vehicle (NEV) market is poised for continued growth, despite a lackluster start to the year. Experts and industry executives predict that...

China National Space Administration Approves Robotic Asteroid Sampling Mission

The Chinese government has announced plans to send a robotic spacecraft, called Tianwen 2, to collect samples from an asteroid known as 2016 HO3....

- A word from our sponsors -

spot_img

Follow us

HomeBusiness