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.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

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

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 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.

Verde Clean Fuels Appoints New CEO, Explores Strategic Alternatives Amid Restructuring

Verde Clean Fuels announces George Burdette as new CEO and engages Roth Capital Partners to explore strategic alternatives, including potential sale or merger, as part of restructuring efforts.

Dillard’s to Merge With Family Holding Company in Non-Dilutive Deal

Dillard's Inc. announces a non-dilutive merger with its family holding company, W.D. Company, Inc., aiming to simplify ownership structure. Learn about the deal's details, conditions, and impact on shareholders.

Banco Macro Strengthens Digital Footprint with Acquisition of Banco Sáenz

Banco Macro S.A. announces acquisition of Banco Sáenz S.A. to enhance its digital banking services and expand its presence in the digital financial ecosystem.

BHAV Acquisition Corp Successfully Closes $100 Million IPO on Nasdaq

BHAV Acquisition Corp. announces the successful closing of its $100 million initial public offering on the Nasdaq, detailing unit structure, business combination strategy, and management.

Bank of America Signals Potential Fed Rate Hike Amidst Geopolitical Tensions and Inflation Fears

Bank of America economists outline conditions for a potential Fed rate hike, including a stable labor market and rising inflation, and discuss the potential impact on Bitcoin and other markets.

ADNOC and OMV Forge Ahead with Mega Chemicals Merger, Advancing Borouge Group Formation

ADNOC and OMV are making significant strides towards completing their chemicals mega-merger, advancing the formation of the Borouge Group International AG, with an expected close by March 2026.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

Nexstar Seals $6.2 Billion Tegna Acquisition Amidst Legal Battles and Regulatory Green Light

Nexstar Media Group finalizes its $6.2 billion acquisition of Tegna, creating the largest U.S. local TV station owner despite ongoing legal challenges and regulatory approvals.

Fed Holds Rates Steady Amidst Iran Conflict and Oil Price Volatility

The Federal Reserve holds interest rates steady amid the Iran war and rising oil prices, citing economic uncertainty and inflation concerns.

Prestige Consumer Healthcare Secures Breathe Right Brand Portfolio in $1.045 Billion Deal

Prestige Consumer Healthcare Inc. announces agreement to acquire the Breathe Right brand portfolio for $1.045 billion, enhancing its consumer health offerings and expected to drive significant financial growth.

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Datavault AI Acquires NYIAX in All-Stock Deal to Bolster Data and Ad Trading

Datavault AI Inc. announces acquisition of NYIAX Inc. in an all-stock merger to expand its data and ad inventory trading capabilities, integrating blockchain technology and specialized marketplaces.

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