Browsing Tag
Shanghai
40 posts
China challenges US AI dominance with open-source technology and new global body
China is offering open AI and training to the Global South while United States curbs tighten. Shanghai has become the battleground for global standards.
ADNOC L&S (ADX: ADNOCLS) is spending $225m per ship. Will 2029 charters justify the price?
ADNOC L&S orders four LNG carriers for $900 million, betting 2029 demand and long-term charters will support fleet growth despite vessel oversupply risk.
Typhoon Bavi hits eastern China after 2.8 million evacuate as flood threat moves inland
Typhoon Bavi has struck eastern China twice, triggering the evacuation of more than 2.8 million people and disrupting thousands of flights and train services as authorities prepare for several days of flooding far beyond the Zhejiang coast.
Everest Medicines closes $1.14bn Travere deal for rare kidney disease drug
Everest Medicines closes its $1.14 billion Travere deal for civorebrutinib. Read how the BTK licence reshapes 1952.HK, TVTX and rare kidney strategy.
CXMT secures reported $3bn Tencent memory deal ahead of major China IPO
CXMT has reportedly secured a $2.94 billion Tencent memory deal before its major China IPO. Discover what it means for AI chips and global suppliers.
Why Evonik is cutting 3,200 more jobs as Europe’s chemical squeeze deepens
Evonik Industries is extending its restructuring through 2029, closing an unprofitable polyester operation and removing thousands of roles as weak demand, high European costs and global competition pressure margins.
PDD Holdings ($PDD) posts a double miss and unveils RMB 100bn supply chain reset as Temu margins erode
PDD Holdings missed Q1 estimates and pledged RMB 100B to supply chain and brand investment, triggering a 10% drop and a wave of analyst downgrades on Temu and Pinduoduo. Read more.
NIO finally gave investors a profit signal, but China’s EV war is not done with $NIO yet
NIO’s Q1 revenue surged and deliveries jumped, but China’s slowing EV market keeps $NIO investors focused on margins, ES9 and execution.
Huawei pushes agentic banking agenda with upgraded AI finance solutions at HiFS 2026
Banks want AI agents, but legacy cores still drag. Huawei’s HiFS 2026 roadmap shows how agentic banking may move from pilot to production.
HLN share price firms as Sensodyne and Centrum drive Haleon’s 2026 organic growth recovery
Sensodyne grows 8%. Centrum targets GLP-1 users. The £500m buyback erases shares at sub-340p. Haleon's recovery hinges on Q2 cold and flu normalising.