Universal Music Group said on Wednesday that it will cease licensing its music to TikTok and accused the short-form video giant of bullying and intimidation in its contract negotiations.A music licensing agreement between UMG and TikTok, which is owned by Chinese tech giant ByteDance, expired on Wednesday, and new terms…

Pakistan’s embattled former Prime Minister Imran Khan was hit with a fresh 14-year jail sentence on Wednesday after a state court found him guilty of graft, just one day after being handed a 10-year term on a conviction of leaking state secrets.His wife Bushra Bibi was also sentenced to a…

Stryker Corporation (NYSE:SYK) Q4 2023 Earnings Conference Call January 30, 2024 4:30 PM ET Company Participants Kevin Lobo – Chair and Chief Executive Officer Jason Beach – Vice President-Investor Relations Glenn Boehnlein – Chief Financial Officer Conference Call Participants Robbie Marcus – JPMorgan Lawrence Biegelsen – Wells Fargo Ryan Zimmerman…

BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company a valuation of more than $1 billion.That valuation gives the startup unicorn status, the first in the AR glasses industry, Xreal claimed. It did not share who participated in the…

BEIJING — Competition for China’s electric car market will continue to heat up in the next two to three years, according BYD, which claimed it wants to work with Tesla to grow the market.Chinese battery and electric car maker BYD has grown rapidly in recent years, with total vehicle production…

The Core Plus Income Fund’s Institutional Class (MUTF:WCPBX) returned +5.84% for the fourth quarter compared to a +6.82% return for the Bloomberg U.S. Aggregate Bond Index (Agg). For the calendar year, the Fund’s Institutional Class returned +7.05% compared to +5.53% for the index. Longer-term results (3-, 5-, and 7-year) continue…

Oil prices advanced early Monday after missiles launched by Iran-backed militants killed U.S. troops in Jordan on the weekend.Global benchmark Brent traded 0.57% higher at $84.03 a barrel, while the U.S. West Texas Intermediate futures rose 0.6% to $78.48 per barrel.According to the White House, three U.S. service members were killed and many…

Norway says its controversial decision to approve deep-sea mining is a necessary step into the unknown that could help to break China and Russia’s rare earths dominance.In a vote earlier this month that attracted cross-party support, Norway’s parliament voted 80-20 to approve a government proposal to open a vast ocean…

Earnings of BOK Financial Corporation (NASDAQ:BOKF) will likely decline this year because of pressure on the margin and growth of non-interest expenses. On the other hand, loan growth will likely support earnings. Overall, I’m expecting the company to report earnings of $7.42 per share for 2024, down 8% year-over-year. The…

Beijing sent dozens of military aircraft and naval ships toward Taiwan on Friday, the same day of a low-profile meeting between U.S. national security adviser Jake Sullivan and Chinese Foreign Minister Wang Yi aimed at stabilizing U.S.-China relations.From 6 a.m. Friday to 6 a.m. Saturday local time, China sent 33…