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

Trump Threatens 25% Tariff on iPhones Amid Dispute with Apple Over U.S. Manufacturing

The once solid relationship between President Donald Trump and Apple CEO Tim Cook is showing clear signs of strain over the issue of iPhone...

Intuit Shares Surge 8% After Strong Q3 Results and Optimistic AI-Driven Outlook

Shares of Intuit jumped 8% following the company’s announcement of its fiscal third-quarter results, which exceeded analysts’ expectations and featured an optimistic forecast for...

Trump’s Meme Coin Faces Price Drop After Exclusive Gala Amid Regulatory Concerns

The price of President Donald Trump’s meme coin fell by 16% on Friday morning, just hours after he hosted a black-tie gala at his...

Amazon’s Zoox Issues Second Software Recall Following Robotaxi Incident in San Francisco

Amazon’s autonomous vehicle unit, Zoox, has issued a voluntary software recall for the second time in a month following a recent crash involving one...

How AI is Helping Businesses Adapt to Complex Global Trade and Tariffs

Businesses are increasingly turning to artificial intelligence (AI) tools to manage the growing turbulence in global trade and supply chains. As international tariffs and...

JPMorgan CEO Jamie Dimon Warns of Underestimated Economic Risks Amid Market Complacency

JPMorgan Chase CEO Jamie Dimon expressed concerns that markets and central bankers are underestimating the risks posed by record U.S. deficits, tariffs, and rising...

JPMorgan’s 2025 Summer Reading List Highlights Curiosity and Next-Generation Wealth Education

JPMorgan’s 2025 summer reading list, a highly anticipated annual selection favored by affluent readers, features a diverse lineup of 16 books covering topics such...

Fanatics Fest 2025 to Feature Star-Studded Skills Competition with Million-Dollar Prizes

Fanatics is set to host an exciting skills-based competition at Fanatics Fest 2025, scheduled for June 20-22 in New York City, where fans will...

Home Depot Maintains Full-Year Sales Forecast Amid Tariff Challenges

Home Depot reaffirmed its full-year sales forecast while announcing it does not plan to raise prices despite ongoing tariffs affecting imports. The company’s Chief...

Levi Strauss Sells Dockers to Authentic Brands Group for $311 Million

Levi Strauss has agreed to sell its Dockers brand to Authentic Brands Group for $311 million, marking a significant strategic shift for the iconic...

Cadillac EV Lineup Gains Momentum with Increasing Tesla Owners Switching Brands

Cadillac’s growing all-electric vehicle lineup is drawing a significant number of new buyers to the American luxury brand, including a rising share of Tesla...

NFL Plans to Expand International Games and Embrace Private Equity Investment

NFL Commissioner Roger Goodell recently revealed ambitious plans for the league to significantly expand its international presence, projecting that as many as 16 regular-season...

FDA Introduces Stricter Approval Standards for Covid-19 Boosters, Targeting High-Risk Groups

The Food and Drug Administration recently introduced new regulatory guidance that tightens approval standards for future Covid-19 vaccine boosters, particularly for healthy Americans. Under...

Walmart Warns Tariffs Will Raise Prices Amid Tensions with White House

Last month, Walmart downplayed the impact of President Donald Trump’s tariffs during an investor event, drawing comparisons to past challenges like the aftermath of...

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