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Business
6 articles · Updated continuously
Business
Business⚡ 6.0China Eastern Orders Airbus Jets Amid Strategic Development of Domestic Aviation Sector
China Eastern recently ordered 25 Airbus A330neo jets, valued at US$9.35 billion, following a previous order three months prior. These acquisitions are viewed as strategic for China's aviation sector, aiming to absorb operational knowledge and supply-chain integration.
Business⚡ 7.0⛓ 3 sourcesEU Preliminary Report Finds Meta's Instagram, Facebook Designs Breach Digital Laws
The European Union has issued a preliminary report concluding that Meta's Instagram and Facebook designs, featuring elements like infinite scroll and autoplay, breach the Digital Services Act. The EU states these 'addictive' designs pose risks to users' physical well-being, parti
Business⚡ 7.0SK hynix Prepares $28 Billion Nasdaq Listing Amid AI-Driven Valuation Surge
South Korean chipmaker SK hynix is preparing to raise approximately $28 billion on Wall Street through a Nasdaq listing. This move follows a significant valuation increase and aims to fund new fabrication plants.
Business⚡ 8.0Iran Attacks Vessels in Strait of Hormuz
Iran struck commercial vessels, prompting the US to revoke a sanctions waiver on Iranian oil exports.
Business⚡ 6.0Hong Kong Pension Fund to Ease Gold ETF Rules
Hong Kong's pension fund to allow more gold ETF investments, aiming to turn the city into a gold trading hub.