The Chinese owner of bargain-shopping app Temu reported lower profit in the final quarter of 2025, as its domestic e-commerce platform remained under pressure from fierce competition. Fourth-quarter ...

BEIJING, March 22 (Reuters) - China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8% decline in 2025 net profit on Sunday, citing rising substitution by new energy sources, and weak ...

Alibaba reported it had missed revenue expectations in its December-quarter earnings. The company made 284.8 billion Chinese yuan ($41.4 billion), compared to the 290.7 billion Chinese yuan expected ...

While Alibaba's cloud and AI units delivered another quarter of triple-digit growth, the company's costly pivot to rapid e-commerce delivery led to an earnings miss While the core retail business ...

Michael Malone on what it means to be UNC basketball coach Steve Newmark discusses decision to hire Michael Malone as UNC basketball coach ...

The cost of meeting net zero is less than a single fossil fuel price shock, the UK’s official climate adviser said. About £4 billion ($5.4 billion) of additional spending per year to 2050 is required ...

Florida basketball's Rueben Chinyelu cuts down the net at the O'Dome after Florida defeated Arkansas to clinch a share of the SEC regular season title. Hear what Florida QB Aaron Philo said after UF's ...

Drop shuts down its standalone store March 31, ending the Massdrop era. Few audiophile staples remain, and the community model that built them is gone. For more than a decade, Drop, born as Massdrop ...

U.S. bitcoin BTC $71,725.01 exchange-traded funds (ETFs) are on track to snap a streak of five consecutive weeks of net outflows with their strongest performance since mid-January. The funds recorded ...

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The Supreme Court struck down one of President Donald Trump's signature accomplishments on Friday, ruling 6-3 that the president lacked the authority to impose many of his tariffs. Since returning to ...