Alibaba Posts Weaker Earnings Amid Heavy AI Investments
Alibaba's earnings slumped in its fiscal first quarter, as the Chinese e-commerce titan continued to invest heavily in artificial intelligence, racing to preserve its lead in the AI sector.
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Deere's Profit Rises as Sales Climb
The company posted higher profit and sales in its fiscal third quarter, as continued growth in the company's construction equipment business helped to offset ongoing weakness in its production agriculture segment.
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Labubu Maker's Revenue Momentum Slows After Explosive Growth
Pop Mart's business growth decelerated sharply in the first half of 2026, as the Chinese toy maker worked to find its next blockbuster character.
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Hyperscalers' Off-Grid Power Push Comes With Risks
Data centers' huge, fluctuating power demand is testing off-grid power systems.
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CK Hutchison Files Arbitration Against Panama, Seeking $1.5 Billion in Damages
The Hong Kong conglomerate has launched international arbitration proceedings against Panama, escalating a dispute over two strategically-important ports that have become caught up in U.S.-China tensions.
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Evergrande Founder Sentenced to Life in Prison
Hui Ka Yan, once one of China's most prominent property tycoons, has been sentenced to life in prison for charges including fraud and financial misconduct.
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Danone's $1.2 Billion Huel Deal Gets U.K. Competition Clearance
The Competition and Markets Authority said it wouldn't refer the merger to a more in-depth investigation after it launched an initial probe.
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SK Hynix Union, Management Tentatively Reach Pay Agreement
Under the preliminary agreement, the South Korean memory-chip maker will pay most of its workers' special bonuses with shares.
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JD Sports Shares Tumble After Profit Guidance Cut
The sport and fashion retailer cut its full-year profit guidance as second-quarter sales fell due to pricing pressure and a weak U.S. performance.
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Swiss Watch Exports Stay Resilient in July Helped by U.S. Performance
Growth was spearheaded by high-end timepieces and by exports to the U.S., which kept up double-digit growth for the third straight month.
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Why a Payments Giant Is Paying $7 Billion for the 'Stripe of AI'
The Stripe deal for OpenRouter, founded by an NFT entrepreneur, is a bet on a future where users turn to a mix of AI models.
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Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion
The funding round, which also includes JPMorgan Chase and Andreessen Horowitz, values the hypersonic munitions maker at $13 billion.