China’s biggest video game hit of all time, Black Myth: Wukonghas led to an increase in bookings at hotels that specialize in gamers, according to travel company Trip.com. Some operators of such hotels, which offer in-room gaming hardware for fans who don’t necessarily have their own hardware, reported that their shared rooms were sold out […]
Two leading Republican lawmakers on Wednesday called on the U.S. Department of Defense to add Chinese battery maker CATL to a blocked list of companies accused of collaborating with Beijing’s military. Companies on the list cannot receive U.S. military contracts and inclusion on the list poses significant reputational risks, experts say. Senator Marco Rubio, vice […]
Author Pat Barker continues her quest to give voice to women’s stories from ancient Greece… fiction 1. The Voyage Home by Pat Barker is published in hardback by Hamish Hamilton and costs £20 (e-book £10.99). Available now Fresh from the printers – the first copies of PAT BARKER’s The Voyage Home – will be published […]
Prudential’s interim results fell short of market estimates after a valuation loss in the British insurer’s investment portfolio led to an unexpected drop in profit. Net income fell 87 percent year-on-year to $120 million in the first six months of 2024, after excluding a short-term investment loss of $1.08 billion, in stark contrast to the […]
Chinese artificial intelligence giant SenseTime has seen a jump in revenue of over 20 percent this year due to strong growth in its generative AI (GenAI) business, as the ten-year-old pioneer in the domestic industry strives to generate profits. SenseTime’s revenue rose 21.4 percent year-on-year to 1.74 billion yuan ($244.3 million) in the first half […]
China’s top-selling automaker BYD Co. expects overseas shipments to account for nearly half of total sales in the future, suggesting the company will continue to build global manufacturing centers to avoid high tariffs. “Our foreign market will account for a relatively large proportion of our global sales in the future,” Executive Vice President Stella Li […]
(Bloomberg) — The average Chinese person can expect to live two years longer thanks to the country’s efforts to clean skies, according to a University of Chicago study. Most read by Bloomberg China has reduced air pollution by 41 percent in the decade to 2022 thanks to stricter government measures, the university’s Energy Policy Institute […]
At the heart of any EU strategy for life sciences should be avoiding incompatible and contradictory policy initiatives and creating an environment that leads to a healthier and more resilient Europe. The start of a new mandate is a good time to reflect. Last month, EFPIA published a Competitive strategy for European life sciences, which […]
A first-year student at China’s prestigious Peking University entered the campus in style for his orientation day after cycling an impressive 1,328 km from Shanghai to the capital city of Beijing in 15 days. The student’s challenging bike ride was published as a welcome greeting on the university’s official social media account. Ding Wenxin comes […]
(Reuters) – The electric vehicle unit of troubled property developer China Evergrande said on Tuesday it expects a wider loss for the first half of 2024, reflecting an increase in impairment provisions. China Evergrande New Energy Vehicle estimated a consolidated net loss of about 20.25 billion yuan ($2.84 billion) for the six months ended June […]
