GameStop Stuns Market with $56 Billion Proposal to Acquire eBay
GameStop has sparked widespread debate and analyst skepticism after announcing a surprise $56 billion bid to acquire online marketplace eBay on May 4.
Business News
Paramount-WB Deal: A $110 Billion Reshuffle for Global Entertainment
A proposed $110 billion merger between Warner Bros. Discovery and Paramount-Skydance, approved by shareholders in April 2026, could redefine the global entertainment industry amid regulatory review.
China’s Manufacturing PMI Holds Steady Above Expansion Mark in April
China’s manufacturing PMI registers at 50.3 in April 2026, staying above the expansion-contraction line despite a marginal monthly decline, indicating sustained sector growth.
US Launches $166B Tariff Refund Process for Importers Next Week
The US begins processing $166 billion in tariff refunds to importers on April 19, 2026, following a Supreme Court ruling against Trump-era trade policies.
U.S. States, Businesses Demand $175B Tariff Refunds After Court Ruling
New York, California, and Illinois governors join over 1,000 companies in demanding refunds following Supreme Court’s rejection of Trump-era tariffs.
China’s MOFCOM Boosts Efforts to Attract High-Quality Foreign Investment by 2025
China’s Ministry of Commerce announces initiatives to attract more high-quality foreign investment by 2025, aiming to boost economic growth and innovation.
CGTN Launches ‘BizFocus’ to Spotlight China’s Vibrant Business Sectors
CGTN has introduced ‘BizFocus,’ a new series delving into China’s dynamic economy and business landscape through in-depth interviews and on-the-ground coverage.