Global manufacturers could face a yearly loss of US$20 billion in China due to the rise of electric vehicles surpassing traditional gasoline cars, according to UBS.
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EasyJet generates a record $4.5 billion from additional fees as CEO criticizes 'unfair' penalty for the practice
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Mitsubishi faces $90 million loss in China due to suspected copper trader fraud
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Campbell's misses sales targets and appoints insider Beekhuizen as CEO
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ESR stock rises 4.9% following founders and private funds' US$7.1 billion buyout offer
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Lululemon stock rises due to international expansion balancing out declining U.S. sales
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Salesforce stock rises sharply due to revenue surpassing expectations and promising AI growth – new price target set
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Ant Group appoints Cyril Han as CEO, celebrating 20-year milestone as owner of Alipay
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Macy's worker concealed $151 million in shipping costs to cover up initial error, reports indicate
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Consumer spending in China expected to increase slightly in 2025, according to Bain and Kantar
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Chinese electric vehicle manufacturer Jiyue, supported by Baidu, plans to reduce operations and workforce to endure intense competition
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Chinese soy sauce producer Foshan Haitian considers dual listing in Hong Kong IPO
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Apple close to transitioning to internal Bluetooth and Wi-fi chips for iPhone, reducing reliance on Broadcom
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Nissan and Honda explore merger to compete with Toyota, Tesla, and electric vehicle manufacturers
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US investigates TP-Link, a Chinese-founded router manufacturer with a strong presence in the American market
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TuSimple, a troubled self-driving truck company, rebrands as CreateAI and introduces a new AI model
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Alibaba divides AI team to enhance focus on consumer and business aspects
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CK Hutchison's Wind Tre unit under investigation in Italy for tax issues related to €3.4 billion Cellnex deal
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CATL in China introduces electric vehicle frame capable of enduring high-speed collisions
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Huawei's latest flagship phones incorporate memory chips from South Korea, not China
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