The Chinese restaurant industry is facing unprecedented challenges as 2026 approaches. Rising costs, shrinking consumer spending, and fierce competition have created a high-risk environment, even for ...
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iRobot Roomba goes bankrupt as China firm takes over
Once hailed as a pioneer of smart-home technology, the company that brought robot vacuums into everyday households is now facing a harsh reality. iRobot, the maker of Roomba, has filed for Chapter 11 ...
This is CNBC's live blog covering Asia-Pacific markets. Hong Kong market led losses in Asia-Pacific on Monday, followed by China stocks which dropped after shadow banking conglomerate Zhongzhi ...
We're looking at two distinct corners of China's economy this week that tell similar stories of adjusted expectations and financial endurance. First, we examine the latest reprieve for embattled ...
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