China’s industrial sector shifted to contraction in July as a surprise slowdown in factory activity hit small and midsize companies. The official purchasing manager’s index reached 49.9, down from 50 in June, on a scale […]
Didi Chuxing, the dominant ride-hailing service in China, said it will acquire Uber Technologies Inc.’s operations in the country, ending a battle that cost the two companies billions as they competed for customers and drivers. […]
IBM has launched a platform for companies to test “blockchain” record-keeping technology in their supply chains, combining its existing blockchain cloud offering and IBM LinuxONE. The service is an attempt to expand the use of […]
Robo Adviser Hedgeable, an automated advice platform with $50.5 million in assets, says it will offer a peer-to-peer lending product later this year. Customers can invest in the loans as an alternative to fixed-income investments, […]
Eurozone GDP growth slowed in the second quarter to 0.3%, half the rate of the preceding period, but inflation picked up to 0.2%. Growth stalled in France, the second-leading industrial power in the currency bloc. […]
Helping advance research toward integrating drones into the National Airspace System, 7-Eleven (OTCPK:SVNDY) and upstart Flirtey have completed the first fully autonomous drone delivery to a customer’s residence. https://www.youtube.com/watch?v=xehCOXwKDGI While there’s some speculation on […]
China’s top internet regulator has ordered major online companies including Sina Corp. (NASDAQ:SINA) Tencent (OTCPK:TCEHY), Sohu.com (NASDAQ:SOHU) and NetEase (NASDAQ:NTES) to stop original news reporting, tightening its grip over the country’s web and information industries. […]
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