Archives
Huawei Opens $1.4 Billion R&D Campus in Shanghai to Attract Foreign Talent
Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies.
Apple's Market Value Hits $3.6 Trillion After AI Endorsement From Morgan Stanley
Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.
Thailand Announces $13.8 Billion 'Digital Wallet' Stimulus Plan to Revive Economy
Thailand's Prime Minister Srettha Thavisin announced a $13.8 billion digital cash handout program, the "Digital Wallet," aiming to revive the economy by distributing $275 each to 50 million citizens to stimulate local businesses, starting in August.
Luxury Giant Burberry Suspends Dividend and Appoints New CEO as Shares Drop Sharply
Burberry faces leadership changes and a profit warning as sharp stock declines amid ongoing sales drops and forecasted financial losses.