Alibaba Group Holding announced on Thursday that it will abandon the planned spin-off of its cloud…
Reports
Oil prices fall on US crude build, China continues to demand
Oil prices experienced a decline on Thursday, continuing the losses observed in the previous session. This…
Jumia’s Loss In Q3 May Continue Despite Control
Jumia Technologies, the African e-commerce company, announced on Wednesday that cost-cutting measures have led to a…
Baidu CEO Cautions Against China’s AI Model Development As It May Waste Resources
The head of Baidu, a prominent AI firm in China, Robin Li, cautioned against the rush…
UK’s inflation drops sharply to 4.6%
Consumer price inflation (CPI) in the UK for October came in lower than anticipated at 4.6%,…
Germany Economy And Auto Industry At Risk Due To Heavy Exposure To China, Fund Manager Warns
Germany’s strong economic ties with China present substantial risks for the leading European economy, warns the…