Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.
Business Lynn Hatem -

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit
China BT China Team -

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market
China BT China Team -

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.
China BT China Team -

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project
China BT China Team -
Latest

Canadian Investors Spent $9B on U.S. Real Estate in Year Through June

Canadian firms spent $9 billion on U.S. commercial real estate in the 12 months to June, up from a five-year rolling average of $5 billion.

Coca-Cola Returns 84% over Five Years as PepsiCo Manages 3%

Coca-Cola shares returned 84% over five years against PepsiCo's 3%, as Q2 results show diverging margins and guidance.

Oracle Down 50% in a Year Despite 30% Revenue Growth and $664 Billion Backlog

Oracle shares are down about 50% over the past year despite 30% revenue growth and a $664 billion contract backlog in remaining performance obligations.

DocuSign Bets on AI Agreement Platform as Revenue Growth Slows to 9%

DocuSign is shifting from e-signatures to AI-driven agreement management as revenue growth slows to 9%, with IAM now 15% of annual recurring revenue.

Nearly a Dozen Data Center Firms Go Public, File for IPO or Explore Listings

Nearly a dozen data center companies have gone public, filed for IPOs, or been reported exploring one over the past year, with the pace accelerating recent

Ambarella Targets 10-15% Revenue Growth as Edge AI Demand Widens

Ambarella CEO Fermi Wang told Citi's TMT Conference the chipmaker targets 10-15% revenue growth as edge AI demand widens across security and automotive.

Ryanair Warns Airfares Could Jump Next Year If Oil Stays High

Ryanair CEO Michael O'Leary warned airfares could jump next year if oil stays high, as the airline cut its passenger target and shares trade near a one-yea

Dow Halves Dividend to $0.35 as Chemical Payouts Come Under Strain

Dow cut its quarterly dividend to $0.35, LyondellBasell halved its payout to $0.69, and PPG keeps growing its dividend since 1999.

Willis Lease Profit Falls 51% to $28.7 Million in Q2 2026

Willis Lease Finance reported August 4 that net income fell 51.2% to $28.7 million in Q2 2026, even as operating income and management fees grew.

Tanker Freight Fund Soars 3,600% as U.S.-Iran Conflict Squeezes Hormuz

The Breakwave Tanker Shipping ETF has surged roughly 3,600% in 2026 as the U.S.-Iran conflict disrupts shipping through the Strait of Hormuz.

Amodei Says China Is ‘Toughest’ Challenge for AI Slowdown Plan

Anthropic CEO Dario Amodei called China the hardest obstacle to his AI slowdown plan, drawing backing from Altman, Hassabis and Musk.

Oracle’s Larry Ellison Cancels Plan to Sell Up to 50 Million Shares

Larry Ellison canceled a plan to sell up to 50 million Oracle shares, the company disclosed on Sept. 11.

Dividend Investors Need $500,000 to $836,000 to Replace $25,000 Income

Replacing $25,000 in income needs $500,000 to $836,000 in dividend stocks depending on yield, with Realty Income the cheapest and P&G the priciest path.

WEGO Scraps My Hero Academia Clothing Line After Chinese Backlash

Japanese retailer WEGO has cancelled a My Hero Academia clothing collaboration after Chinese consumers objected over the franchise's wartime associations.

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