U.S. futures hovered near the flatline on early Friday morning as investors awaited the release of the U.S. Personal Consumption Expenditures ( read original story ...)
US and Chinese companies are expecting to raise $500 million from Hong Kong IPOs
Four companies including a Chinese generative artificial intelligence firm and a United States based jet manufacturer launched initial public offerings (IPOs) in Hong Kong on Friday. The companies are ... ( read original story ...)
Nike Stock Tanks Almost 20% To 4-Year Low: Why The Sneaker Giant’s Struggling
Nike’s stock was down 19.2% by 11 a.m. EDT, on pace for its steepest single-day drop since 2001 and the second-worst day in its 44-year history as a publicly traded company. ( read original story ...)
Chinese memory maker gets $2.4 billion to build HBM for AI processors — Shanghai packaging facility to open in 2026
Innotron, the parent company of ChangXin Memory Technologies (CXMT), plans to invest $2.4 billion in a new advanced packaging facility in Shanghai. According to Bloomberg, this plant will focus on ... ( read original story ...)
Singtel uses AI to improve its call center operations
During a session at MWC Shanghai 2024, Singtel detailed how AI is helping it improve the efficiency of its own call centers. ( read original story ...)
HUAWEI AND PARTNERS LAUNCH 5G-A PIONEERS PROGRAM AT MWC SHANGHAI 2024
SHANGHAI, June 28 (Bernama) -- Huawei and its operator partners launched the 5G-A Pioneers Program, the fastest mobile communications technology, during the Mobile World Congress (MWC) Shanghai 2024 ... ( read original story ...)
Shanghai’s Changning eyes cooperation with UK businesses
Changning district, which hosts a third of Shanghai's foreign consulates and almost 6,500 foreign enterprises, including Unilever and Bosch, is inviting more businesses from the United Kingdom to ... ( read original story ...)