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.

Yen Slides to Two-Week Low as Dovish BOJ Nominations Deepen Policy Uncertainty

The Japanese yen weakened to a two-week low amid uncertainty over the Bank of Japan's policy direction following dovish board nominations and ongoing global trade tensions.

GSK Acquires 35Pharma for $950 Million to Bolster Pulmonary Hypertension Drug Pipeline

GSK acquires 35Pharma for $950 million to expand its pulmonary hypertension drug pipeline with the experimental drug HS235, aiming to compete with existing treatments and address unmet patient needs.

Eagle Nuclear Energy Soars Onto Nasdaq After SPAC Merger, Eyes U.S. Atomic Revival

Eagle Nuclear Energy Corp. debuts on Nasdaq after a SPAC merger, boasting the largest uranium deposit in the U.S. and exclusive SMR technology. The listing marks a turning point for U.S. nuclear ambitions as the company eyes significant growth amid soaring power demand.

CECO Environmental to Acquire Thermon Group in $2.2 Billion Deal, Creating Industrial Solutions Powerhouse

CECO Environmental announces a $2.2 billion deal to acquire Thermon Group, creating a global industrial solutions leader in environmental and thermal technologies. Learn about the strategic benefits and transaction details.

Atlanta Fed Chief Bostic Issues Stark Warning on AI’s Potential Impact on U.S. Job Market

Atlanta Federal Reserve President Raphael Bostic warns that artificial intelligence could lead to higher unemployment rates, a challenge that monetary policy alone may not be able to address. Explore the potential economic impacts and policy implications.

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

TopFan Opens Its Fan-Community Platform to Individual Creators, Targeting the “Owned Audience” Boom

TopFan is expanding its fan-community platform to individual creators, offering a direct-to-fan hub for paid communities, merch, livestreams, and audience data—highlighting the 2026 shift toward owned audiences and creator-controlled monetization.

Honeywell Revises Deal for Johnson Matthey’s Catalyst Business, Slashing Price to $1.79 Billion

Honeywell International Inc. has successfully renegotiated its agreement to acquire Johnson Matthey Plc's Catalyst Technologies business, significantly reducing the acquisition price to approximately $1.79...

Israel’s Central Bank Holds Interest Rates Amid Escalating Iran Tensions

The Bank of Israel holds interest rates steady at 4% due to escalating geopolitical uncertainty surrounding potential conflict with Iran, despite easing inflation and a strong shekel.

Fed’s Waller Signals Potential Rate Pause: Labor Data Key to March Decision

Federal Reserve Governor Christopher Waller suggests a potential pause in interest rate hikes at the March meeting, contingent on upcoming labor market data. A strong jobs report could lead to holding rates steady, while weaker data might prompt a cut.

Avidity Biosciences Delays Shareholder Meeting to Facilitate Novartis Merger and Spin-Off

Avidity Biosciences postpones its special stockholder meeting to February 26, 2026, to facilitate the spin-off of Atrium Therapeutics and the subsequent merger with Novartis, expected to close on February 27, 2026.

Ekco Bolsters Operational Technology Capabilities with Datalogix Acquisition

Ekco acquires Datalogix, a Cork-based OT company, to expand its operational technology capabilities and strengthen its market position in Ireland, the UK, and the US.

Allurion’s Swallowable Gastric Balloon Gets FDA Green Light, Offering a New Option in Obesity Care

Allurion's swallowable gastric balloon receives FDA approval, creating a new non-surgical weight loss option for millions of Americans battling obesity.

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