Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Peking Press.

More Information

Business

Section
Meta may cut up to 20 percent of workforce amid AI push
Meta may cut up to 20 percent of workforce amid AI push

NEW YORK/SAN FRANCISCO: Meta is considering sweeping layoffs that could affect 20 percent or more of its workforce as the company seeks...

U.S. stock markets rally despite chaos in Middle East
U.S. stock markets rally despite chaos in Middle East

NEW YORK, New York - U.S. stock markets closed firmly in positive territory on Monday, building momentum throughout the session to...

Spirit plans drastic fleet cuts as part of bankruptcy overhaul
Spirit plans drastic fleet cuts as part of bankruptcy overhaul

DANIA BEACH, Florida: Spirit Aviation Holdings, the parent company of Spirit Airlines, plans to shrink its fleet to roughly one-third...

After abuse allegations, celebrity chef Redzepi quits from restaurant
After abuse allegations, celebrity chef Redzepi quits from restaurant

COPENHAGEN, Denmark: Following allegations of abuse and assault at the iconic Danish restaurant Noma, its founder and celebrity chef...

Travellers reroute trips as Iran war hits global aviation
Travellers reroute trips as Iran war hits global aviation

SYDNEY/LONDON: The war involving Iran is disrupting travel worldwide, forcing airlines to reroute flights, raising ticket prices, and...

Smaller meals gain traction as diners seek value and health
Smaller meals gain traction as diners seek value and health

WASHINGTON, D.C.: Smaller portions are emerging as one of the biggest trends in the restaurant industry as diners look to spend less...

China

Section
Sydney court convicts business consultant who spied for China
Sydney court convicts business consultant who spied for China

MELBOURNE, Australia: A jury in a Sydney court found a businessman from the city guilty of providing reports to two people he should...

Apple lowers China App Store commissions amid regulatory push
Apple lowers China App Store commissions amid regulatory push

BEIJING, China: Apple said it will reduce the commission fees it charges on its App Store in mainland China, a move expected to save...

BYD unveils fast-charging premium EV for Europe launch
BYD unveils fast-charging premium EV for Europe launch

LONDON, U.K.: Chinese electric vehicle maker BYD said on March 13 that it will launch a new premium EV in Europe next month capable...

Interview: China's green code catalyst for int'l mutual learning, rebuilding consensus, says Italian expert
Interview: China's green code catalyst for int'l mutual learning, rebuilding consensus, says Italian expert

China's Ecological and Environmental Code offers new opportunities for dialogue and mutual learning within the international community,...

China's 15th Five-Year Plan charts path to sustainable, innovation-led growth: Australian historian
China's 15th Five-Year Plan charts path to sustainable, innovation-led growth: Australian historian

SYDNEY, March 17 (Xinhua) -- China's 15th Five-Year Plan has set a clear course for sustainable and innovation-driven development,...

End of "sad spectacle": Shashi Tharoor on revocation of suspension of 8 Opposition MP's
End of "sad spectacle": Shashi Tharoor on revocation of suspension of 8 Opposition MP's

New Delhi [India], March 17 (ANI): Congress MP Shashi Tharoor on Tuesday welcomed the revocation of the suspension of eight Opposition...