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 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
China BT China Team -

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 BT China Team -

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 BT China Team -

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 -
Latest

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

HPE Raises Annual Forecasts as AI Server Demand Lifts Quarterly Revenue

Hewlett Packard Enterprise raised its annual profit and revenue forecasts after AI server and networking demand drove a quarterly earnings beat.

Microsoft Will Disclose Azure Revenue in Dollars for First Time

Microsoft will report quarterly Azure revenue in dollars for the first time under a new segment structure taking effect in fiscal 2027.

Broadcom Stock Falls as Revenue Forecast Disappoints Despite Upbeat Earnings

Broadcom shares dropped on Thursday after a revenue forecast below estimates, extending a year in which the stock has lagged the broader chip rally.

Google Avoids Ad Tech Breakup as Judge Rejects US Sale Order

A U.S. judge declined to order Google to sell parts of its ad tech business, opting for behavioral fixes over a forced divestiture in the antitrust case.

Shein Shares Fall Again in Hong Kong, Handing Backers 73% Valuation Drop

Shein shares slid 3-5% on their second day in Hong Kong, leaving early private backers with a 73% valuation drop from the IPO.

Chevron Unveils $7 Billion Venezuela Plan to Double Oil Output

Chevron confirmed a $7 billion, five-year plan to more than double Venezuela oil output to 600,000 barrels a day, following a Trump administration push.

Uber Cuts 3,300 Jobs in Company-Wide Restructuring as Shares Rise 2%

Uber is eliminating roughly 3,300 jobs in a company-wide restructuring, a move that lifted its shares about 2% in early trading on Thursday.

ADP Says U.S. Firms Added Just 38,000 Jobs in August, a 7-Month Low

U.S. private employers added 38,000 jobs in August, ADP reported Wednesday — the smallest gain since January and below expectations, pointing to a summer h

GitLab Stock Surges After AI-Driven Quarter Beats Wall Street Estimates

GitLab shares surged toward a 52-week high after the company topped second-quarter estimates on AI-driven demand, prompting a William Blair upgrade.

Berkshire’s Abel Says Japan Borrowing Costs Still Modest for Trading Houses

Berkshire CEO Greg Abel said Tuesday that Japanese bond yields remain low enough to keep the country's trading houses comfortable despite a gradual rise.

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Palo Alto Networks Beats Estimates as AI Fuels Security Demand

Palo Alto Networks topped fiscal fourth-quarter estimates on September 1 as AI-driven security demand lifted results and its stock nearly doubled this year

Dell Surges 9% After Tripling AI Server Forecast, Backlog Hits $95 Billion

Dell shares jumped 9% on September 1 after raising its fiscal 2027 AI server forecast to triple, with order backlog reaching $95 billion.

- A word from our sponsors -

spot_img

Follow us

HomeBusiness