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
Spirit Airlines may cease operations as rescue deal collapses
Spirit Airlines may cease operations as rescue deal collapses

WASHINGTON, D.C.: Bankrupt discount carrier Spirit Airlines is preparing to cease operations after failing to reach an agreement with...

Apple beats forecasts, eyes AI push and leadership change
Apple beats forecasts, eyes AI push and leadership change

CUPERTINO, California: Apple reported better-than-expected quarterly earnings on May 1, driven by strong iPhone sales, as investors...

US to hike tariffs on EU cars and trucks to 25%, Trump says
US to hike tariffs on EU cars and trucks to 25%, Trump says

WASHINGTON, D.C.: U.S. President Donald Trump said on May 1 that he plans to raise tariffs on cars and trucks imported from the European...

Unilever plans small, frequent price hikes amid rising costs
Unilever plans small, frequent price hikes amid rising costs

LONDON, U.K.: Unilever is preparing to introduce gradual price increases across parts of its business as rising costs linked to the...

Buffett steps back as Greg Abel leads Berkshire meeting
Buffett steps back as Greg Abel leads Berkshire meeting

OMAHA, Nebraska: Berkshire Hathaway's annual shareholder gathering will look much the same this year, but for the first time in decades,...

Rising fuel costs push US inflation to three-year high
Rising fuel costs push US inflation to three-year high

WASHINGTON, D.C.: A sharp rise in fuel costs pushed a key U.S. inflation measure to its highest level in nearly three years in March,...

China

Section
Ireland’s Supreme Court allows TikTok to operate in country
Ireland’s Supreme Court allows TikTok to operate in country

DUBLIN, Ireland: The Supreme Court has ruled that TikTok can keep operating in Ireland while the country's data regulator continues...

Wall Street steady near peak as oil prices surge, then retreat
Wall Street steady near peak as oil prices surge, then retreat

NEW YORK CITY, New York: U.S. stocks hit new record highs this week, even as oil markets saw sharp swings driven by ongoing tensions...

Kone strikes $34 billion deal to acquire rival TK Elevator
Kone strikes $34 billion deal to acquire rival TK Elevator

HELSINKI, Finland: Finnish elevator maker Kone has agreed to acquire Germany's TK Elevator in a US$34 billion deal that would reshape...

Trump eyes new import taxes after court blocks tariffs
Trump eyes new import taxes after court blocks tariffs

WASHINGTON, D.C.: The Trump administration is racing to rebuild its tariff regime after the Supreme Court struck down a key legal tool...

Italy's Naples witnesses centuries-old links with China
Italy's Naples witnesses centuries-old links with China

The ties between Naples and China were rooted deeply in history, said Naples city councilor Luigi Carbone. by Xinhua writer Diao...

Ambassador-designate Vikram Doraiswami received by MFA Dy Director in China
Ambassador-designate Vikram Doraiswami received by MFA Dy Director in China

Beijing [China], May 3 (ANI): India's Ambassador-designate to China, Vikram Doraiswami was received by Charge d'Affaires Angeline Premalatha...