China has introduced a new strategy to transform domestic innovations into commercial products that can compete in the global market.
Sectors
Levi Strauss Will Cut 10-15% of Global Corporate Jobs Under New CEO Michelle Glass
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
Joe Biden Touts Obamacare Sign-Ups Hitting Record 21.3 Million as Donald Trump Vows Repeal
President Joe Biden has praised the announcement that 21.3 million people have now signed up for 2024 Obamacare health insurance plans.
Australia's Postal Service Suggests Stamp Price Hike of 25%, Which Consumer Watchdog Won’t Challenge
The Australian Competition and Consumer Commission has indicated that it would not oppose Australia Post's 25% stamp price increase while collecting stakeholder input.
Elon Musk Reveals Plans for Cheaper Tesla EV in 2025 Amid Chinese Competition
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Latest News
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
NATO Signs $1.2 Billion Contract for 155mm Artillery Ammunition to Boost Ukraine's Depleted Supplies
NATO has signed a $1.2 billion contract for thousands of artillery shells, some of which will be delivered to Ukraine after it complained of ammunition shortages amid war with Russia.
Chick-fil-A customers eligible for a $29.95 gift card as part of a $4.4 million lawsuit settlement are urged to act swiftly as the deadline approaches.
SAP's shares soar high in the first quarter of 2024 after announcing the restructuring plans to adopt AI technology in its workforce.
Netflix surprised Wall Street with 13 million new users in the fourth quarter. With a strong 13 million new members in the last quarter, Netflix shocked Wall Street and dispelled fears that its campaign against password sharing was losing momentum.
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.
Here are the Mega Millions winning numbers for the drawing on Tuesday night, when the jackpot climbed to $262 million.
