Business

A once-obscure Chinese startup overtakes Shein In US

This time last year, hardly anyone in the U.S. knew what Temu was. Now, as American consumers grapple with runaway inflation, the bargain shopping app backed by a Chinese tech company is on a tear, with sales exceeding rival ...

Business

Alibaba quarterly revenue rises 2%: earnings report

China's Alibaba Group said Thursday its revenue rose two percent year-on-year in the quarter ending December 2022, as the internet giant shook off the impact of strict COVID containment measures and a slump in consumer demand.

Business

German plexiglass firm churns out virus shields

Touted as a simple but effective shield against coronavirus infections, transparent screens have sprung up at supermarket tills and pharmacies across Germany. For plexiglass manufacturer Claus Mueller, business has never ...

Electronics & Semiconductors

German chip charge could short-circuit on myriad challenges

Germany is seeking to lead a European charge to boost chip production with a series of mega-investments but the drive faces challenges ranging from high energy prices to subsidy rows and worker shortages.

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