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.

Hengrui Pharma Soars on Hong Kong Debut Amid Biotech Market Revival

Jiangsu Hengrui Pharmaceuticals made a strong debut on the Hong Kong stock exchange, marking a major milestone in its global expansion. Trading under the...

UBS Asian Investment Conference to Tackle Global Uncertainty with Diverse Line-Up

Maria Konnikova, a psychologist, bestselling author, and professional poker player, is set to explore the concept of uncertainty at the upcoming Asian Investment Conference...

Hong Kong Moves Closer to Private Equity Fund Listings with MPF Inclusion

Private equity funds may soon be listed on the Hong Kong stock exchange, following a recent decision by the city’s pension regulator to allow...

AXA to Redomicile to Hong Kong as New Law Simplifies Process for Insurers

AXA, one of Hong Kong’s largest insurers, has announced plans to shift the legal domicile of its Hong Kong-serving entity from Bermuda to Hong...

BYD Overtakes Tesla in European EV Sales Amid Rising Demand and Tariff Pressures

Chinese carmaker BYD surpassed Tesla in battery electric vehicle (BEV) sales in Europe for the first time in April, signaling a major shift in...

Hong Kong Strengthens Role as Offshore Yuan Hub Amid Growing De-dollarisation

International businesses are increasingly seeking to diversify away from the US dollar, with Qatar emerging as a notable example of this trend, according to...

Hong Kong Millennials Embrace AI in Wealth Management, Study Shows

Nearly three-quarters of Hong Kong millennials expect their wealth managers to use artificial intelligence (AI) tools to build and adjust investment portfolios, according to...

Hong Kong Homebuyers Snap Up All Units at Sierra Sea Amid Lower Mortgage Rates

Emboldened by a drop in mortgage rates, Hong Kong homebuyers purchased all 216 new units offered at Sun Hung Kai Properties’ Sierra Sea development...

Chinese Robot Firms Showcase Innovations Amid Growing Industry Challenges

Chinese robotics firms, including notable names like Unitree Robotics and Engine AI, drew attention at a technology conference in Macau as enthusiasm for the...

Amap Launches Ride-Hailing Service on English App for Foreign Visitors in China

Amap, the mapping and local services platform under Alibaba Group Holding, has launched a ride-hailing feature on its English version, enabling foreign visitors in...

eSignGlobal Leverages US-China Trade Tensions to Boost Global Expansion

eSignGlobal, a digital signature services provider based in Hangzhou, is turning US-China trade tensions into a growth opportunity by expanding its global footprint. Eric...

Alibaba Chairman Joe Tsai Highlights Recovery and AI Focus Amid Challenges

Alibaba Group Holding chairman Joe Tsai said the company is now “on a very good path” after overcoming several years of setbacks, including regulatory...

Shanghai’s Luxury Property Market Thrives Amid National Downturn

Shanghai’s luxury residential property market continues to defy national trends, with affluent buyers investing heavily in premium homes amid broader economic concerns. This resilience...

Bullet Trains Surpass Flights on Beijing-Shanghai Route as Passengers Prioritize Speed and Comfort

Passengers traveling between Beijing and Shanghai are increasingly favoring high-speed trains over flights, as China's modern rail system continues to outpace the air travel...

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