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.

MTN Group to Acquire IHS Towers in Landmark $6.2 Billion Deal

MTN Group agrees to acquire IHS Towers for $6.2 billion in an all-cash deal, strengthening its digital infrastructure across Africa. Learn about the deal's terms, shareholder premiums, and strategic implications.

Danaher to Acquire Masimo in Landmark $9.9 Billion Deal, Expanding Diagnostics Reach

Danaher is set to buy Masimo for $9.9 billion, marking a major expansion into diagnostics and patient monitoring technology in one of the industry's largest recent deals.

Warner Bros. Discovery Reopens Door to Paramount’s Offer Amid Netflix Merger Talks

Warner Bros. Discovery reopens deal talks with Paramount Skydance under a limited waiver from Netflix, aiming to secure the best offer for shareholders amidst ongoing merger discussions.

Coca-Cola Europacific Partners Announces Record Financial Results and a €1 Billion Share Buyback

Coca-Cola Europacific Partners (CCEP) announces record fiscal year 2025 results, including €20.9 billion in revenue and a €1 billion share buyback program, with a positive outlook for 2026.

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

TF1 Shares Plummet Amidst Financial Disappointments and Gloomy 2026 Outlook

Explore the reasons behind TF1's share price tumble, including disappointing financial results, weak 2026 guidance, and the challenging advertising market. Discover the company's digital transformation efforts and competitive landscape.

Fed’s Schmid Cautions Against Interest Rate Cuts Amid Persistent Inflation Worries

Kansas City Fed President Jeff Schmid warns against premature interest rate cuts, citing persistent inflation concerns and the need for a restrictive monetary policy.

Addentax Group Eyes Expansion with Proposed Acquisition of Hong Kong Digital Lending Platform

Addentax Group Corp. announces proposed acquisition of a Hong Kong-based digital lending platform, aiming to expand its fintech presence in the Asia-Pacific region with AI-driven credit technologies.

China’s Inflation Slows Sharply, Fueling Deflation Concerns Amidst Shifting Lunar New Year Impact

China's January inflation data shows a slower-than-expected rise in consumer prices and continued producer price deflation, fueling concerns about the economic outlook.

Axera’s Hong Kong IPO Priced at HK$28.20 as Market Awaits Debut

Axera Semiconductor sets its Hong Kong IPO price at HK$28.20 amid active gray market trading, signaling early investor caution despite strong initial demand.

Alibaba Unveils RynnBrain: A New Open-Source AI Model for Robotics

Alibaba launches RynnBrain, an open-source AI model for robotics, challenging Google and Nvidia in the physical AI race. Learn how this innovation empowers robots.

ByteDance’s Seedance 2.0 Fuels China Tech Stock Surge Amidst AI Video Advancements

ByteDance's new AI video model, Seedance 2.0, sparks a rally in China's tech stocks, showcasing advanced features while raising ethical considerations.

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