General Mills to sell Häagen-Dazs shops in China

    General Mills to sell Häagen-Dazs shops in China

    Key Terms exclusive license financial An exclusive license is a legal agreement that gives one party the sole right to use, make, sell or commercialize a product, technology, patent, or other intellectual property, while the owner keeps ultimate ownership. Think of it like leasing a…

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    China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

    China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

    The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s…

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