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.

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.

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

Convenience Stores Gain Ground in Breakfast Battle Against Fast-Food Chains

Fast-food chains are facing growing competition at the breakfast table, with convenience stores increasingly capturing morning meal customers. In the three months ending in...

U.S. Orders Delta and Aeromexico to End Joint Venture Over Competition Concerns

The U.S. Department of Transportation has ordered Delta Air Lines and Aeromexico to end their long-standing joint venture, which has allowed the carriers to...

Zelman Housing Summit Expands Focus to Multifamily and Financing Trends

The annual Zelman Housing Summit has evolved into one of the most prestigious gatherings in the housing and real estate finance industry, attracting an...

J.P. Morgan Private Bank Launches Lifestyle Services for Wealthy Clients

J.P. Morgan Private Bank is expanding its offerings beyond traditional wealth management by launching a new lifestyle service for its affluent clients. The program...

United Airlines Expands Faster Than Rivals Despite Industry Headwinds

An oversupply of flights in the market has pressured airlines to slash fares this year and temper their growth ambitions. Yet United Airlines continues...

Versant Strikes Media Rights Deal with League One Volleyball

Versant, the Comcast spinoff set to launch as a standalone company in 2026, has secured a multiyear media rights deal with League One Volleyball...

Josh Harris Rules Out Public Offering for $14.58B Sports Empire

Over the last decade, private equity investor Josh Harris has built one of the most influential sports ownership conglomerates in the world. Through Harris...

NHL Players to Return for 2026 Winter Olympics in Milan

The 2026 Winter Olympics in Milan will mark the long-awaited return of NHL players to Olympic competition for the first time in 12 years,...

Eli Lilly to Build $5 Billion Cancer Drug Plant in Virginia

Eli Lilly announced on Tuesday that it will invest $5 billion to build a new manufacturing facility in Goochland County, Virginia, aimed at boosting...

Mortgage Rates Drop Sharply Ahead of Anticipated Fed Cut

Mortgage rates saw a sharp decline on Tuesday, dropping to levels not seen since late 2022, as investors in mortgage-backed securities positioned themselves ahead...

Huawei Launches Mate XTs Trifold Smartphone with Innovative Design

Huawei has unveiled the second generation of its trifold smartphone, the Huawei Mate XTs, as the company seeks to strengthen its position in China...

JetBlue Teams Up with Amazon’s Project Kuiper for High-Speed In-Flight Wi-Fi

JetBlue Airways has announced plans to equip roughly a quarter of its fleet with Amazon’s Project Kuiper satellite technology to enhance in-flight Wi-Fi, with...

Atlassian Acquires AI Browser Startup The Browser Co. for $610 Million

Atlassian has announced its acquisition of The Browser Co., an AI-focused web browser startup, for $610 million in cash, with the deal expected to...

Figma Shares Drop 20% Following First Post-IPO Earnings Report

Figma’s stock experienced a dramatic decline of nearly 20% on Thursday, hitting its lowest level since the company went public in July. The drop...

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