Estée Lauder Raises Profit Outlook, Plans to Lay Off Up to 10,000 People
Global cosmetics giant Estée Lauder raised its full-year profit forecast on Friday, May 1st, and announced plans to expand its…
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First domestic A-stock liquor company delisted, more than 20,000 shareholders deeply trapped.
After 32 years of ups and downs in the capital market, “*ST Rock” (*ST岩石), also known as the “Phoenix of…
Vanke’s Massive Losses Exceeding Billions Lead to Desperate Measures of Selling Off Pigs Farming Business
At a time when China’s real estate industry is deeply declining, leading property developers are accelerating their “slimming down” efforts…
Famous Chinese Entrepreneur Dies in Car Accident in Albania
The chairman of Xinjiang Hongjing Group, Li Jianhong, recently passed away in a car accident in Albania while on a…
China’s Wuliangye under suspicion of drastically cutting financial reports following profit downgrade last year.
Amid the backdrop of two successive chairmen falling from grace and massive losses for the company, China’s state-owned liquor enterprise…
California Gas Prices Soar, Regular Gasoline Exceeds $6 per Gallon
In the past week, gasoline prices in California have continued to rise. As of Thursday, April 30th, the average price…
US Treasury Secretary: Iran’s currency plunges, oil industry faces difficulties
The blockade of Iranian ports by the US military has lasted for more than two weeks, and shipping data shows…
US 12 Million Small Businesses Receive Tax Cuts, Average Reduction of $7,000
The Small Business Administration (SBA) in the United States recently announced that during this tax season, over millions of small…
Mainland job closing scam exposed, more insider details revealed.
Due to the prolonged economic downturn in China, a large number of businesses have been closing down, giving rise to…
Shenzhen’s New Real Estate Policy Quickens, Market Performance Weaker Than Beijing and Shanghai.
Shenzhen has once again relaxed its real estate purchase restrictions. This move comes as a follow-up to last year’s loosening…