Massive Siemens restructuring: Job cuts, EV charging shift, and a billion-Euro investment
Siemens restructures its automation and EV charging businesses, cutting 6,050 jobs while investing €1 billion in Germany. Find out how the strategy impacts its future. Read More
iQIYI expands beyond streaming with iQIYI LAND, its first immersive theme park in Yangzhou
iQIYI, China’s leading online entertainment platform, is making a major leap into offline entertainment experiences with the development of its first immersive theme park, iQIYI ... Read More
Who chooses the next Dalai Lama? Beijing and Tibetan leader clash over succession
China’s foreign ministry has strongly condemned the Dalai Lama’s assertion that his successor will be born outside China, rejecting his authority to make such a ... Read More
AI now decides your insurance plan? Huize’s DeepSeek integration redefines the industry
Huize Holding Limited has taken a bold step in reshaping China's insurance industry by integrating the advanced DeepSeek AI model into its consumer-facing services. This ... Read More
Coca-Cola’s Q4 2024 earnings beat expectations, driving stock surge
The Coca-Cola Company saw its shares climb 4.4% to $67.39 during Tuesday morning trading after reporting stronger-than-expected revenue and profit for the fourth quarter of ... Read More
AstraZeneca reports strong FY 2024 results with robust revenue growth driven by oncology and biopharmaceuticals
AstraZeneca’s financial performance for fiscal year 2024 reflects impressive growth, with the pharmaceutical giant reporting a 21% surge in total revenue, reaching $54.1 billion. This ... Read More
Chemplast Sanmar reports robust Q3 FY25 growth amid global market pressures
Chemplast Sanmar Limited, a leading Indian speciality chemicals manufacturer, reported strong consolidated financial results for the third quarter and nine months ending December 31, 2024. ... Read More
ConocoPhillips reports $2.3bn Q4 2024 profit as Marathon Oil acquisition reshapes growth strategy
ConocoPhillips has announced its fourth-quarter and full-year 2024 financial results, showcasing a strategic shift driven by the recent acquisition of Marathon Oil. Despite facing headwinds ... Read More
Estée Lauder expands restructuring plan with up to 7,000 job cuts
Estée Lauder Companies Inc., a dominant player in the prestige beauty industry, has announced a major expansion of its ongoing restructuring initiative, signaling a shift ... Read More
Trade war unfolds: Canada and Mexico impose retaliatory tariffs on U.S. imports
Canada and Mexico have launched a firm counteroffensive against the latest round of U.S. tariffs imposed by President Donald Trump. The new trade measures, which ... Read More