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 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 -

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 -

Merz Vows to Stay After CDU Gets 5% in State Vote

Friedrich Merz's CDU received just 5% in Mecklenburg-Vorpommern on Sunday, its worst state result since WWII, but the German chancellor vowed to press on.
Europe Aarav Shen -

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100
Middle East Aarav Shen -
Latest

China’s Commerce Minister to Address Global Trade Challenges at WTO Conference in Yaounde

China's Minister of Commerce Wang Wentao will attend the WTO Ministerial Conference in Yaounde, Cameroon, to discuss global trade challenges, WTO reform, and Africa's industrialization.

Embecta Acquires Owen Mumford for $199.4M to Bolster Drug Delivery and Expand Medical Offerings

Embecta announces definitive agreement to acquire Owen Mumford for up to $199.4M, expanding its drug delivery capabilities and strategic transformation into a broad-based medical supplies company.

China Launches $13.4 Billion Push for Foreign Investment in Key Industries

China's NDRC has unveiled a $13.4 billion plan to fuel foreign investment in manufacturing, logistics, and R&D, broadening global participation and targeting industrial innovation.

Global Uncertainties Prompt HKMA and Fed to Hold Rates Steady

The Hong Kong Monetary Authority (HKMA) has mirrored the US Federal Reserve's decision to maintain its base interest rate, citing significant global uncertainties, particularly...

SEALSQ Secures $125 Million in Direct Offering to Fuel Post-Quantum Technology Expansion

SEALSQ Corp. announces a $125 million registered direct offering to accelerate its post-quantum and quantum technology commercialization in the U.S. and Europe.

Warner Bros. Sets Oscar Night Record as Paramount Mega-Merger Looms

Warner Bros. Discovery celebrates a record-matching 11 Oscar wins for films like 'One Battle After Another' and 'Sinners', all while facing major merger talks with Paramount that could reshape its future.

Public Storage Strikes $10.5 Billion Deal to Acquire National Storage Affiliates

Public Storage announces a $10.5 billion all-stock acquisition of National Storage Affiliates, expanding its self-storage portfolio and market reach.

Canfor Corporation Completes Full Acquisition of Canfor Pulp, Taking it Private

Canfor Corporation has completed its acquisition of Canfor Pulp, taking the subsidiary private and delisting its shares from the TSX. Learn more about the transaction details and implications.

IBM Bets Big on AI: Acquires Confluent for $11 Billion Amid Race for Real-Time Data

IBM has acquired Confluent for $11 billion to strengthen its AI and cloud offerings, enabling real-time data streaming across enterprise environments. The deal integrates Confluent’s Apache Kafka platform with IBM, accelerating AI-driven business transformation.

Alcon and LENSAR Terminate Merger Deal Amidst FTC Opposition

Alcon and LENSAR terminate their merger agreement due to FTC opposition and prolonged regulatory review, impacting both companies' strategic plans.

Merlin Labs Secures Over $200M in Funding Following SPAC Merger with Inflection Point Acquisition Corp. IV

Merlin Labs Secures Over $200M in Funding Following SPAC Merger with Inflection Point Acquisition Corp. IV

Amplifon Acquires GN Hearing for $2.6 Billion, Forging Global Audiology Leader

Amplifon announces $2.6 billion acquisition of GN Hearing, creating a global audiology leader and reshaping the hearing care market. Learn about the deal's financial and strategic implications.

Bank of England Holds Rates Steady in the Face of Global Uncertainty and Inflation Worries

The Bank of England has held its interest rate at 3.75% amid geopolitical instability and hopes for easing inflation. Economists forecast cuts later in 2026 as policymakers weigh persistent risks and mixed economic signals.

Local Bounti Boosts Financial Flexibility with $15 Million Convertible Note and Key Credit Amendments

Local Bounti has raised $15 million via a convertible note and amended its credit facility, enhancing liquidity and financial flexibility to support growth efforts. Read more about the deal's terms, strategic impact, and what investors need to watch next.

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