Baidu revenue grows 6% in fourth quarter as AI and advertising boost business
China’s Baidu said fourth-quarter revenue rose 6%, helped by gains from its artificial intelligence applications and a growing advertising business.
These are the 2024 CNBC Changemakers: See the full list of women transforming business
CNBC reveals the 2024 Changemakers list, an annual list spotlighting women whose accomplishments have left an indelible mark on the business world.
Big Oil’s favorite climate solution is ‘like trying to push water uphill,’ climate chief says
Jim Skea, the head of the U.N.’s Intergovernmental Panel on Climate Change, warned on Tuesday that scaling up carbon capture still faces significant challenges.
Russia relishes NATO disarray after hasty denials of plan to deploy ground troops to Ukraine
Russian officials have commented widely on France’s gaffe over ground troops, appearing to enjoy NATO’s division and France’s humiliation.
CNBC Daily Open: Americans’ mood on the economy sinks
Forecasters are singing a different tune about the state of the U.S. economy.
Hong Kong property stocks jump after city scraps cooling measures
Financial Secretary Paul Chan announced that Hong Kong will scrap all buy-side property tightening measures for residential properties with immediate effect.
China doubles down on national security, expanding its state secrets law
Chinese President Xi Jinping on Tuesday signed an order to formally adopt revisions to a law on “Guarding State Secrets,” according to state media.
From expanding screens to see-through displays: How tech giants are trying to jazz up their gadgets
Gadget makers are experimenting with various types of displays from expandable to bendable screends on their devices to stand out from the crowd.
China’s Country Garden gets liquidation petition from creditor
Country Garden said it will oppose the petition “vigorously” and seek legal measures to do so. A court hearing will be held May 17.
Hong Kong GDP to grow 2.5%-3.5% in 2024, scraps property tightening measures
Hong Kong’s housing prices, once among the most expensive in the world, have plunged 20% since their 2021 peak, dragged down by fragile market sentiment.
