Xiaomi posted better-than-expected revenue growth after the smartphone market showed signs of life during the holiday quarter, spurring hopes of an end to a years-long […]
Category: Business
Ant Group restructures part of its businesses into units, promotes veteran finance chief as president to spur growth
Developing | Ant Group restructures part of its businesses into units, promotes veteran finance chief as president to spur growth Ant Group will restructure part […]
Chinese tech giant Lenovo boosts AI efforts with new servers, professional computers powered by Nvidia GPUs and software
Lenovo Group has unveiled a series of servers and computers powered by technology from US chip designer Nvidia, in the Chinese computer giant’s latest push […]
Bitcoin slides 5% as inflows into ETFs slow
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) – Bitcoin fell by as much as 6.5% on Tuesday, on track for its largest one-day drop […]
Pfizer offloads $3.9 billion stake in Sensodyne-maker Haleon
(Reuters) – Haleon said on Tuesday top shareholder Pfizer offloaded a roughly $3.9 billion stake in the consumer healthcare firm, bringing down its holding in […]
Prediction: Palantir Will be Added to the S&P 500 This Year. Here’s Why.
How is Palantir Technologies (NYSE: PLTR) not already part of the S&P 500? It’s a question many investors might be asking right now. Let’s dig […]
HSBC, Hong Kong’s science park sign 3-year partnership to drive fintech development
The two entities signed a three-year agreement on Monday to leverage their resources, expertise and networks to foster collaboration. The partnership is the first “public-private […]
The Gas Find That Could Transform Europe’s Energy Future
Riding on the heels of Austria’s largest gas discovery in 40 years by Austrian OMV, junior explorer MCF Energy (TSXV:MCF; OTC:MCFNF) announced on Monday morning another potentially significant find in […]
Stock market today: US stocks jump on fresh wave of AI enthusiasm
AP Photo/Jason DeCrow A renewed wave of AI enthusiasm helped push the stock market higher on Monday. Nvidia is set to unveil new products at […]
Debt-stricken Sino-Ocean warns of hefty losses amid plunge in home sales as turnaround eludes Chinese developers
Debt-stricken Chinese developer Sino-Ocean Group said it is likely to report another year of hefty losses in 2023 as home sales in mainland China plunged, […]
As pandemic, geopolitical tensions took their toll, China’s affluent families saw wealth and numbers decline, Hurun report says
The number of rich families in China declined for the second time in 15 years as the world’s second-largest economy tackles a slew of economic […]
Fidelity International plans to cut 16% of China fund unit jobs amid a deepening market rout, sources say
Fund manager Fidelity International (FIL) is planning to lay off 20 people at its main China unit, two sources familiar with the matter said, a […]