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New World scion Adrian Cheng launches firm targeting digital space, emerging markets
Reuters· 2025-09-21 02:54
Group 1 - Adrian Cheng, a member of one of Hong Kong's wealthiest families, has launched a new firm focusing on the digital space and emerging markets [1] - Cheng previously served as the CEO of New World Development but stepped down a year ago [1] - The new firm's focus indicates a strategic shift towards digital innovation and growth opportunities in emerging markets [1]
Disney's Kimmel suspension shows Trump's increasing grip over media
Reuters· 2025-09-20 10:04
Group 1 - ABC's suspension of Jimmy Kimmel highlights the influence of President Donald Trump on media operations [1] - The incident reflects the ongoing tension between media freedom and governmental pressure [1] - The Federal Communications Commission's involvement indicates regulatory scrutiny over media content [1]
Novartis has stockpiles to withstand potential Trump tariffs, CEO says
Reuters· 2025-09-20 10:00
Core Viewpoint - Novartis has proactively increased its stockpiles of pharmaceuticals in the United States to mitigate potential impacts from President Donald Trump's tariffs on its products [1] Company Summary - The chief executive of Novartis indicated that the company is well prepared for any adverse effects that may arise from the tariffs imposed by the U.S. government [1]
China's Sinopec upgrading Xinjiang refining and chemical project
Reuters· 2025-09-20 09:25
China's Sinopec has begun construction to upgrade its integrated refining and petrochemical project in the oil- and gas-rich Xinjiang region, the world's largest refiner by capacity said on Saturday. ...
China's internet regulator issues warnings to Kuaishou, Weibo over content violations
Reuters· 2025-09-20 08:46
Group 1 - The Chinese internet regulator has directed its Beijing branch to impose disciplinary measures on Kuaishou Technology and Weibo [1]
EV maker Polestar recalls over 27,000 US vehicles over rearview camera issue, NHTSA says
Reuters· 2025-09-20 07:16
Core Viewpoint - Electric vehicle maker Polestar is recalling 27,816 cars in the United States due to a rearview camera issue [1] Company Summary - Polestar is recalling a total of 27,816 vehicles [1] - The recall is initiated due to a problem with the rearview camera [1] Industry Summary - The recall highlights ongoing quality control challenges within the electric vehicle industry [1] - Regulatory scrutiny from the U.S. National Highway Traffic Safety Administration (NHTSA) continues to impact electric vehicle manufacturers [1]
Tesla wins approval to test autonomous robotaxis in Arizona
Reuters· 2025-09-20 03:13
Core Viewpoint - Tesla has received approval to begin testing autonomous robotaxi vehicles with a safety monitor in Arizona, indicating progress in the company's autonomous vehicle initiatives [1] Company Summary - Tesla is advancing its autonomous vehicle technology by starting tests for robotaxi vehicles in Arizona [1] Industry Summary - The approval for testing autonomous robotaxi vehicles reflects the growing trend and regulatory acceptance of autonomous driving technology within the transportation industry [1]
Trump says Union Pacific merger with Norfolk Southern 'sounds good'
Reuters· 2025-09-19 22:37
U.S. President Donald Trump said on Friday that the proposed $85 billion Union Pacific merger with Norfolk Southern "sounds good to me." ...
Exclusive: Comcast plans to cut jobs at its biggest unit, housing broadband and pay TV, to centralize operations, source says
Reuters· 2025-09-19 22:20
Core Insights - Comcast is planning to cut jobs at its largest unit, which includes its Xfinity internet, mobile, and pay television services, as part of a broader strategy to streamline operations and reduce costs [1] Group 1 - The job cuts are aimed at improving efficiency within the company’s biggest business segment [1] - This move reflects ongoing challenges in the telecommunications industry, including increased competition and changing consumer preferences [1] - The decision to reduce workforce comes amid a broader trend of cost-cutting measures being implemented by major companies in the sector [1]
Microsoft hikes Xbox prices in US once again as tariff challenges persist
Reuters· 2025-09-19 21:23
Microsoft said on Friday it is raising the prices of its Xbox gaming consoles in the U.S. for a second time this year, as the cloud giant's video game division grapples with tariff-induced cost pressu... ...