Business News

China’s e-commerce giant Alibaba is reportedly set to sell the grocery supermarket chain Freshippo and offline retailer RT-Mart, according to a Friday

Chinese car manufacturer Chery Auto has formed a standalone business unit for its Luxeed electric vehicle brand, a move that could increase the speed of

Chinese telecoms giant Huawei reclaimed the top spot in Chinese smartphone sales during the first two weeks of 2024, according to market research firm

Chinese electric vehicle maker Human Horizons has failed to raise the new capital it needed from Middle East investors, spurring the recent closing of two

It wants to improve production of its Ascend AI chips.

Parking stinks in the big city, especially if you're driving a delivery truck and already running behind schedule.

Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems. This is shown in a study from Chalmers University of Technology in Sweden, where researchers carried out life cycle analyses for batteries and for three electrofuels including ammonia. Eutrophication and acidification are some of the environmental problems that can be traced to the use of ammonia—as well as emissions of laughing gas, which is a very potent greenhouse gas.

A new analysis by MIT researchers shows the places in the U.S. where jobs are most linked to fossil fuels. The research could help policymakers better identify and support areas affected over time by a switch to renewable energy.

The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs.

Hertz is backtracking its EV plans.

Meta Platforms Inc. and Amazon.com Inc. shares soared Friday after delivering quarterly earnings and outlooks that far exceeded Wall Street's expectations, validating the belt-tightening strategies that defined the tech industry's past 16 months.

With concerns over sustainability increasing in the energy industry, fossil-fuel companies have embraced plans to revamp, rather than decommission, vast networks of steaming, flashing and aging refinery pipelines into more eco-friendly assets.

Spotify CEO Daniel Ek is unhappy with Apple's new App Store changes affecting the European Union, declaring elements of the plan "extortion, plain and simple."

Vegetal leather and recycled stainless steel melted in a solar oven are among the materials a Geneva watch brand is using in its quest to make sustainable luxury timepieces.

The six pairs of Air Jordan shoes were from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 NBA Finals.

With the latest Boeing crisis, airlines are staring down more delays, a familiar problem in a market in which both the US giant and rival Airbus face supply chain constraints.

Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement.

The introduction of third-party app marketplaces for the iPhone in EU countries could be a massive privacy and security problem for users, Apple Fellow Phil Schiller warns, despite Apple's attempts to shore up security before regulatory rules fully kick in.

Universal Music Group wiping their songs from TikTok is going to hurt the label's smaller artists the most ... so says a musician who saw the app elevate his own artistic brand.

Taylor Swift and Travis Kelce are being courted by a Las Vegas strip club ... not to work the poles, but to party their faces off if his team wins the Super Bowl across the street.