Latest News of APAC
South Bay water officials reach deal to greatly expand San Luis Reservoir capacity
After recent rainfall in the Bay Area, water managers in the South Bay are expanding the San Luis Reservoir to combat future droughts. An agreement will raise the dam 10 feet, adding 130,000 acre-feet...
Deal reached to greatly expand capacity of San Luis Reservoir
John Ramos covers the San Luis Reservoir expansion plan. Follow updates on the project on various social media platforms like Facebook, Instagram, Twitter, and YouTube....
Lonza to Expand Manufacturing Capacity at Swiss Site
Lonza Group to expand manufacturing capacity in Switzerland to meet demand for cancer drugs like antibody-drug conjugates. The company plans to add two manufacturing suites and infrastructure, creatin...
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Mastercard introduces Pay Local to connect cards with APAC wallets
By Yahoo! Finance | 2 weeks agoMastercard's Pay Local initiative in Asia Pacific enables seamless card payments through local digital wallets. It benefits residents, tourists, MSMEs, digital wallet operators, and card issuers by ex...
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Novo Nordisk's Drug Prices and Production Capacity in Focus -- Earnings Preview
By MarketWatch | 2 weeks agoNovo Nordisk is set to announce Q3 results, with net profit expected to rise by 19% and sales to increase to 72.12 billion kroner....
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Wizz Air October Passenger Numbers Rose on Higher Capacity
By MarketWatch | 2 weeks agoWizz Air Holdings saw growth in passenger numbers and seating capacity in October. The budget airline carried 5.6 million passengers, up 4.1% from last year, with a 6.9% increase on a 12-month basis....
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OpenAI CEO Sam Altman says lack of compute capacity is delaying the company's products
By Yahoo! Finance | 2 weeks agoOpenAI CEO Sam Altman shared in a Reddit AMA that a lack of compute capacity is hindering product development. Reports indicate struggles in securing infrastructure for generative models. Plans for an...
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Microsoft results top estimates but AI capacity constraints remain; stock down
By Yahoo! Finance | 2 weeks agoMicrosoft (NASDAQ:MSFT) exceeded expectations in Q1 but provided softer guidance for its cloud division, Azure. Despite a 33% growth in Azure, slowing to 31-32% in Q2 impacted stock price....
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PRUH's $25m endoscopy unit expansion to boost patient capacity
By Yahoo! Finance | 2 weeks agoThe Princess Royal University Hospital is constructing a new £20m endoscopy unit to meet healthcare demands, increase patient capacity, and aid in early detection and treatment of conditions, includi...
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APM Terminals to boost capacity with Konecranes automated system
By Yahoo! Finance | 2 weeks agoAPM Terminals Maasvlakte II has partnered with Konecranes to install an Automated Horizontal Transport System to double its capacity by 2027....
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'Some unique features': Cop16 delegates in 'love motel' as Cali hotels hit capacity
By The Guardian | 3 weeks agoA surge of delegates at a biodiversity conference led to impromptu stays at hourly rate motels in Cali, Colombia. Delegates from Uganda, Nepal, Brazil, and Ecuador found unique features like circular ...
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AI Will Shape The Business Agenda In The APAC Region Next Year
By Forbes | 3 weeks agoIn 2025, APAC businesses will see significant changes driven by AI initiatives, stricter regulations, and evolving customer demands. Leading firms are focusing on digital investments and AI to stay co...
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Things aren't looking great at Gucci, and Kering says its APAC slump is to blame
By Business Insider | 3 weeks agoGucci's parent company Kering attributes a decline in revenue to a slump in the Asia Pacific market. Despite challenges, Gucci saw a 7% sales increase in Japan. Kering's overall performance fell below...
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China Carmakers to Double Overseas Capacity to Beat Tariffs
By Yahoo! Finance | 3 weeks agoChinese automakers are expanding their overseas manufacturing capacity to avoid tariffs and meet growing demand in emerging markets. They are shifting towards full-process manufacturing to increase pr...
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Lumen Technologies, Inc. (LUMN) Partners with Meta to Expand AI Network Capacity, Analyst Sees Limited Stock Impact
By Yahoo! Finance | 3 weeks agoThe article discusses the impact of AI developments on various industries and the shift in investor focus from thematic ETFs to broad stock-market benchmarks. It highlights the challenges faced by AI-...