US government funding yielded hundreds of patents for China-based researchers
By Michael Martina The U.S. Defence Department, NASA and other government agencies funded research that led to more than 1,000 U.S. patents for China-based inventors…
Tag: BUSINESS
Nvidia stock slips after earnings, forecasts top estimates amid ‘incredible’ demand for its next-gen chip
AI juggernaut Nvidia (NVDA) reported second quarter earnings after the bell on Wednesday that beat expectations on the top and bottom line, while its forecast…
Middle East Biggest Aluminium Maker Targets More Acquisitions
Anthony Di Paola The biggest aluminium producer in the Middle East wants more acquisitions to boost growth after making its first two deals this year,…
Mark Zuckerberg says Threads social media app has 175m users
Threads, Meta’s social media app designed to take on Elon Musk’s X, has hit 175 million monthly active users just ahead of the first anniversary…
China warns US not to step on its ‘red lines’
Chinese Foreign Minister Wang Yi has cautioned his US counterpart Antony Blinken against stepping on China’s “red lines”, as the two country’s top diplomats met…
The ex-flight attendant who became the first female boss of Japan Airlines
When Mitsuko Tottori was named as the new boss of Japan Airlines (JAL) in January, it sent a shockwave across the country’s corporate sector. Not only was…
TikTok will not be sold, Chinese parent tells US
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell…
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…
Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as its dominance…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally…