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.

Foxconn Reports Strong Q1 Profit Surge, but Offers Conservative Full-Year Outlook

Foxconn, the world's largest contract electronics manufacturer, reported a significant 91% increase in its first-quarter profit, driven by strong demand for artificial intelligence (AI)...

Global Shares Surge as US and China Reach Trade Deal, Gold and Safe-Havens Decline

Global stocks soared on Monday, while gold and safe-haven currencies dropped against a strengthening dollar, following an agreement between the US and China to...

Hong Kong Aims to Become a Hub for Multifamily Offices to Boost Economy

Hong Kong should focus on becoming a leading hub for multifamily offices to improve its economy and global reputation, as these entities hold more...

Meituan to Invest $1 Billion in Brazil for Keeta Food Delivery Expansion

Chinese on-demand services leader Meituan has announced a major international expansion, revealing plans to launch its Keeta food delivery platform in Brazil. The company...

Hang Seng Indexes Partners with Qatar Financial Centre to Boost Financial Connectivity

Hang Seng Indexes Company, the entity responsible for compiling the Hang Seng Index and a leading provider of stock market benchmarks in China, has...

Hong Kong Stocks Climb as JD.com Earnings Shine and Trade Tensions Ease

Hong Kong stocks edged closer to a two-month high as investor sentiment improved on the back of strong corporate earnings and easing global trade...

Nomura Upgrades Chinese Equities Amid US-China Tariff Breakthrough

Nomura Holdings has become the first major global investment bank to upgrade its outlook on Chinese equities following a surprising development in US-China trade...

Hong Kong Stocks Retreat as Traders Reassess China-US Trade Deal

Hong Kong equities pulled back on Tuesday, reversing part of their strong rally from the previous session as investors took profits and reassessed the...

Mainland and Hong Kong Firms Seek Nearly US$1.4 Billion Amid Capital Market Revival

Three firms from mainland China and Hong Kong have announced significant fundraising efforts in Hong Kong, taking advantage of the city’s revitalised capital markets....

Mainland Chinese Buyers Boost Hong Kong Luxury Property Market Amid Local Sell-Offs

Mainland Chinese homebuyers are continuing to play a pivotal role in sustaining demand within Hong Kong's luxury real estate sector, even as some local...

Alibaba Expands Access to Qwen3 AI Models Across Developer Platforms

Alibaba Group has expanded the accessibility of its Qwen3 family of artificial intelligence models by making them available on several popular developer platforms. The...

US Tariff Reduction Encourages Chinese Auto-Parts Exporters to Reconsider Local Expansion

The recent decision by the United States to temporarily reduce tariffs on Chinese imports has prompted auto-parts exporters from mainland China to reassess their...

Hang Seng Bank Cuts Jobs Amid HSBC Restructuring Strategy

Hang Seng Bank, a prominent retail lender in Hong Kong and majority-owned by HSBC Holdings with a 62.14% stake, has begun laying off staff...

U.S. Consumer Prices Show Moderate Rebound in April Despite Tariff Concerns

In April, U.S. consumer prices saw a modest rebound, increasing by 0.2% after a decline in March, marking the first dip since May 2020....

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