INDUSTRY
China’s Online Retailer Firm JD.com Expands Layoffs as Economy Worsens
As Beijing’s regulators turn up the heat on a heavily saturated internet sector, adding financial pressure...
Boeing in Hot Water After 132-Fatality China Eastern Plane Crash
American plane manufacturer Boeing has come under fire after the deadly crash of a China Eastern jet...
Russians Take Territory in Southern Ukraine, Surround Nuclear Power Plant
Update March 2: Recent developments suggest that Russian forces have surrounded, but not established...
China to Build Nuclear Power Plant in Argentina as It Expands ‘Belt and Road’
As part of a larger push to exert its influence in the region, China has finalized a deal with Argentina...
Amazon Limits Paid COVID Leave to Employees Vaccinated Against COVID
Amazon denies its vaccine-free employees enjoying paid leave after receiving a positive PCR-test result...
Meta Shares Slump 20 Percent After Earnings Report, Number of Facebook Users Declines for First Time
On Feb. 2, shares of Facebook owner Meta fell by 20 percent after the social media platform’s quarterly...
Hit by ‘Zero-COVID’ Policies, Chinese Manufacturing Crawls to Slowest Since Start of Pandemic
China’s manufacturing sector slowed to its weakest in almost two years as the country’s stringent “Zero-COVID...
Intel Could Spend $100 Billion Over the Next Decade on New Ohio Chip Plants
On Jan. 22, Intel announced that it will be investing $20 billion in the United States to build two chip...
China: Canon’s Large Severance Packages Make Chinese Think Again
Recently, Canon Zhuhai Co., Ltd., a subsidiary of Canon located in Zhuhai, China, announced its closure...
