China's Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support

China’s Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support

China’s Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support Hong Kong (AP) – China’s manufacturing sector experienced its fifth consecutive monthly contraction in February, as indicated by the latest official survey of factory managers released on Friday. This continued downturn underscores the ongoing fragility within the economy, particularly in anticipation of forthcoming annual…

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Samsung remains optimistic about smartphones powered by artificial intelligence, despite conceding the sales throne to Apple

Samsung’s Resilience Amid Challenges: Navigating a Shifting Landscape with Optimism and Innovation in the Era of AI-Powered Smartphones Samsung experienced its fourth consecutive quarter of declining profits on Wednesday, concluding a challenging year that included surrendering its title as the world’s leading smartphone manufacturer. The South Korean technology giant reported a 35% decrease in profit…

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Google and Lendlease

Google and Lendlease Abandon $15 Billion Silicon Valley Development Plan

In a surprising turn of events, Alphabet’s Google and Australian developer Lendlease have jointly decided to terminate their ambitious $15 billion development project in California’s Silicon Valley. The project aimed to create homes, offices, and retail spaces across four master-planned districts in the cities of San Jose, Sunnyvale, and Mountain View. The Mutual Decision Lendlease…

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