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Uber to become the sole owner of grocery delivery startup Cornershop

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulato

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Urumqi's battle against COVID-19 epidemic

30:16 As the summer months waned, an outbreak of COVID-19 in Urumqi destroyed the usual tranquility. For months, the people of the capital of northwest China's Xinjiang

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Euro zone factory recovery faltered in Nov., vaccine drives optimism

Euro zone factory growth cooled last month as renewed coronavirus lockdown measures hurt demand, according to a survey which showed Germany remained the driving force behind the bloc's manufacturi

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China eases restrictions on theaters as COVID-19 wanes

China has eased restrictions on theaters and other performance venues, including raising the cap on audience numbers, as the COVID-19 epidemic has waned in the country.

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China's cultural industry reports improving revenue

China's cultural industry reported improving revenue as the effects of COVID-19 gradually waned amid effective epidemic control in the country, official data showed. T

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East China's Jiangsu reports fastest power use growth in 27 months

East China's economic powerhouse Jiangsu Province reported its fastest year-on-year growth in electricity consumption in 27 months in June as its economy recovered from

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China's power use up 4.6 pct in May

China's electricity consumption, a key barometer of economic activity, rose 4.6 percent in May as the impact of the novel coronavirus waned, data from the National Ene

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Beijing's first bike-only road sees 1.4 mln rides since opening

Beijing's first bicycle-only road has seen over 1.4 million rides since it opened on May 31, 2019, according to local authorities. The 6.5-km bikeway, including a 2.7-

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Tesla to cut car prices in North America, China

Tesla Inc on Wednesdaysaid it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdow

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China to support commercial circulation firms in consumption promotion

China will prop up the business resumption of commercial circulation enterprises amid regular epidemic prevention and control to promote the recovery and unleash the p

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Equivalent of 240,000 crayfish eaten in Shanghai as night economy revives

Food equal to 240,000 crayfish in value were consumed in Shanghai in the first three nights of the Labor Day holiday, as people's lives returned to normal amid the wane

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Shanghai int'l resort sees robust revenue growth in 2019

The tourism revenue of Shanghai International Resort, home to Shanghai Disneyland, exceeded 10 billion yuan (1.4 billion U.S. dollars) in 2019, up 17 percent compared

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Facebook’s annual virtual reality conference goes virtual-only

While it quickly became clear that the tech and developer conference held during the spring would need to be cancelled due to COVID-19, tech companies are beginning to pull the plug on events taking p

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EU must develop 'appetite for power', Borrell says

European Union governments need to be willing to intervene in international crises or risk prolonging paralysis in their foreign policy, the EU’s top diplomat said on S

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Boeing posts first annual loss in two decades amid 737 Max crisis

U.S. plane maker Boeing has reported its first annual loss since 1997, totaling 636 million U.S. dollars. Boeing has reported its first annual loss of 636 million U.S. dollars in over two deca