Charleston Lim
Writer
The Latest
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General Electric Letting Go Of Century-Old Light Bulb Business
General Electric is selling its light bulb business to Massachusetts-based smart home management company Savant Systems for an undisclosed amount. 
General Electric is selling its light bulb business to Massachusetts-based smart home management company Savant Systems for an undisclosed amount. -
CNOOC Discovers 100 Million-Ton Oil Reserve In Kenli 6-1 Oilfield
The newly discovered reserve in the north of the Laizhou area in Bohai Bay is expected to yield more than 100 million tons of crude oil. 
The newly discovered reserve in the north of the Laizhou area in Bohai Bay is expected to yield more than 100 million tons of crude oil. -
SpaceX Historic Launch Postponed Due To Bad Weather
Unfavorable weather conditions that violated SpaceX's safety rules forced the company to abort the historic launch and postpone it to Saturday this week. 
Unfavorable weather conditions that violated SpaceX's safety rules forced the company to abort the historic launch and postpone it to Saturday this week. -
China Ships 200 Self-Disinfecting Busses To Cyprus
The 200 buses, manufactured by Xiamen King Long United Automotive Industry Company, are installed with a system that automatically sprays disinfectant on its interior. 
The 200 buses, manufactured by Xiamen King Long United Automotive Industry Company, are installed with a system that automatically sprays disinfectant on its interior. -
Wuliangye Yibin Invests $1.4 Billion In Expanding Infrastructure And Capacity
Wuliangye Yibin plans to invest $1.4 billion to enhance its capacity and efficiency by integrating smart industrial and production technologies. 
Wuliangye Yibin plans to invest $1.4 billion to enhance its capacity and efficiency by integrating smart industrial and production technologies. -
US Stocks Surge As New York Stock Exchange Reopens Floor To Traders
For the first time since March 23, the New York Stock Exchange reopened its floors to traders on Tuesday after the holiday weekend. 
For the first time since March 23, the New York Stock Exchange reopened its floors to traders on Tuesday after the holiday weekend. -
Merck Finally Joining Global Race To Develop Covid-19 Vaccine
Apart from acquiring Austrian vaccine maker Themis Bioscience, Merck is also working with a number of other medical firms to develop separate coronavirus vaccines. 
Apart from acquiring Austrian vaccine maker Themis Bioscience, Merck is also working with a number of other medical firms to develop separate coronavirus vaccines. -
Bolt Technology Value Surges To $1.9 Billion After Latest Funding Round
The Daimler and Didi Chuxing-backed ride-hailing firm concluded its latest funding round, which increased its value to more than $1.9 billion. 
The Daimler and Didi Chuxing-backed ride-hailing firm concluded its latest funding round, which increased its value to more than $1.9 billion. -
McLaren Group To Cut 1,200 Jobs As Part Of Restructuring Plan
McLaren plans to reduce its workforce by more than a quarter as part of its major restructuring plan to reduce costs. 
McLaren plans to reduce its workforce by more than a quarter as part of its major restructuring plan to reduce costs. -
JD Expands Logistics Network In Preparation For 618 Mid-Year Shopping Festival
JD will be adding three new automated logistics parks in Zhengzhou, Langfang, and Dezhou, to boost its delivery capabilities ahead of next month's major shopping festival. 
JD will be adding three new automated logistics parks in Zhengzhou, Langfang, and Dezhou, to boost its delivery capabilities ahead of next month's major shopping festival.
