IQiyi, sometimes dubbed the “Netflix” of China, swung to a profit in 2023 for the first time since it listed in the U.S. in 2018. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese video streaming platform iQiyi is turning its attention to the country’s aging population, while using artificial intelligence tools to bolster content […]
U.S. President Joe Biden delivers remarks on Australia, United Kingdom, United States (AUKUS) Partnership as Prime Minister Rishi Sunak of the United Kingdom and Prime Minister Anthony Albanese of Australia participate at Naval Base Point Loma in San Diego, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The trilateral defense and security […]
Signage is displayed on the exterior of the Novartis AG Institutes for BioMedical Research building in Cambridge, Massachusetts, U.S., on Friday, Aug. 5, 2016. Scott Eisen | Bloomberg | Getty Images Swiss drugmaker Novartis on Tuesday raised its full-year guidance after reporting better-than-expected first-quarter results. In a statement, it said 2024 net sales would likely […]
A Renault Scenic electric vehicle (EV) at the Munich Motor Show (IAA) in Munich, Germany, on Tuesday, Sept. 5, 2023. Bloomberg | Getty Images French car maker Renault said on Tuesday its first-quarter revenue grew 1.8%, with good performance in its financing business offsetting a drop in turnover in core automotive sales. The group sold […]
A worker inspects a circuit board for a smartphone at Dixon Technologies’ Padget Electronics Pvt factory in Noida, Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Dixon boasts a market value of more than $2.5 billion and the capacity to produce about 50 million smartphones this year. Photographer: Anindito Mukherjee/Bloomberg via Getty Images Bloomberg | Bloomberg […]
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street expects General Motors to report solid, if not “resilient,” results for the first quarter of […]
Iced cold bubble tea on a hot summer day. D3sign | Moment | Getty Images Shares of Chinese bubble tea chain Chabaidao tumbled almost 40% on its trading debut on the Hong Kong stock exchange. The stock, officially listed as Sichuan Baicha Baidao Industrial, fell as low as 10.84 Hong Kong dollars in the late morning […]
India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums NEW DELHI — As India gears up for the second phase of its general elections, the issue of unemployment is increasingly taking centerstage, with opposition leader Rahul Gandhi charging Prime Minister Narendra Modi and his […]
