Tag: Business

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Father of Alibaba to resume cloud-based activities

In an announcement made on Tuesday, Alibaba Group (9988.HK) revealed that its CEO and chairman, Daniel Zhang, will relinquish his positions to concentrate on...

A pause in labs: Brit innovation left to grasp for straws

Ros Deegan had the exhilarating experience of raising $100 million to expand her biotech company in Oxford. However, her excitement was dampened by the...

BioNTech sees slump upon lawsuit after apparent blunder

BioNTech, a German pharmaceutical company, is set to appear in court on Monday to defend itself against a lawsuit brought by an anonymous woman.The...

Chinese firms don’t believe the policy uplifts anything at all

The evolving Western policy toward China, now centered around the concept of "de-risk, not decouple," is being met with skepticism from Beijing, which questions...

Chinese overseas’ trade staggers riskily as demand wavers

In May, China experienced a more significant contraction in exports than anticipated, while imports continued to decline, signalling a bleak outlook for global demand,...

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Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

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