Naphjas Inc. |

26 Feb CLP Holdings posts sevenfold profit jump in 2023 amid fair value adjustments, but misses expectations as revenue drops

Posted at 14:43h in Asia

CLP Holdings, which runs the larger of Hong Kong’s two power utilities and has significant operations in Australia and India, reported a sevenfold profit jump in 2023 buoyed by a turnaround in the fair value related to its forward energy contracts.But its earnings fell short...

26 Feb Rental market thrives for Apple’s Vision Pro as Chinese netizens eagerly await headset’s official launch date

Posted at 14:30h in Asia

With Apple’s Vision Pro mixed-reality headset still not officially available for sale in China, some domestic merchants have begun to lease the high-priced gadget to Chinese tech enthusiasts who are itching to try it out.Although Facebook owner Meta Platforms and other companies have been making...

26 Feb Chinese EV maker Nio deal to license technology to Middle East start-up Forseven, unit of Abu Dhabi’s CYVN Holdings

Posted at 14:10h in Asia

Chinese electric-car builder Nio has signed a deal to license its technology to Forseven, a unit of Abu Dhabi government fund CYVN Holdings, in the latest sign of China’s increasing influence in the global electric vehicle (EV) industry.Shanghai-based Nio, via its subsidiary Nio Technology (Anhui),...

26 Feb Mauritius blocks Norwegian Cruise Line ship over cholera fears

Posted at 13:10h in Europe

The first cruise ship, 'Norwegian Dawn' to arrive at Portland Port since the arrival of the Bibby Stockholm immigration barge, is seen docking, on July 26, 2023 in Portland, England.Finnbarr Webster | Getty Images News | Getty ImagesA Norwegian cruise ship has been denied permission...

26 Feb Alibaba chairman Joe Tsai says e-commerce giant he co-founded is set to bounce back in CNBC interview

Posted at 13:00h in Asia

Alibaba Group Holding is set for a comeback after several years of rising competition and macroeconomic pressures, according to the company’s co-founder and chairman Joe Tsai, who is backing the Chinese e-commerce giant to bounce back.Alibaba is “a lot more confident” about its position as...

26 Feb Li Auto forecasts first-quarter sales drop as competition sharpens in Chinese EV market, reports record profit

Posted at 12:45h in Asia

Li Auto, mainland China’s nearest rival to Tesla, has forecast lacklustre sales for the first quarter of this year, adding to evidence that the world’s largest electric-vehicle (EV) market is grappling with a slowdown.The Beijing-based carmaker said on Monday that it could deliver between 100,000...

26 Feb Lenovo unveils transparent laptop prototype as top PC maker explores new AI devices

Posted at 11:30h in Asia

Lenovo Group, the world’s largest personal computer (PC) maker by shipments, has unveiled its first concept laptop with a see-through display after reporting the firm’s first year-on-year quarterly revenue growth since late 2022.The 17.3-inch ThinkBook Transparent Display Laptop Concept – unveiled at the Mobile World...

26 Feb Novo Nordisk and Eli Lilly rival soars 26% after promising weight-loss drug results

Posted at 10:32h in Europe

Vials move along a conveyor at the Novo Nordisk A/S production facilities in Hillerod, Denmark, on Monday, June 12, 2023. The success of Novo's bestsellers Ozempic and Wegovy, drugs that help people lose significant amounts of weight, has created something of a gold rush in...

26 Feb GreenTech Summit: Hong Kong must surmount skills gap, lack of collaboration to reach full decarbonisation potential

Posted at 10:30h in Asia

Green technology is crucial for decarbonising the transport and construction industries, but its adoption in Hong Kong faces challenges including a skills gap and the development of a sustainable ecosystem, according to experts at the Hong Kong GreenTech Summit 2024.To support the development of greentech...

26 Feb Nova Scotia seafood sector far exceeds targets set a decade ago

Posted at 10:00h in Canada

Federal Agriculture Minister Lawrence MacAulay was roasted by opponents last week when he posted a photo on X (formerly Twitter) of himself eating a lobster in Malaysia while on a trade mission in the Indo-Pacific.The P.E.I. politician was denounced as tone deaf and out of touch...

Author: admin