ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Chinese search engine Baidu Inc may delist from the US Nasdaq to boost its valuation and avoid ramifications caused by the increasing tension between the United and China on investments.
Baidu, one of China's earliest US listings, believed it was undervalued on the Nasdaq exchange in New York, with its shares having fallen over 60 percent since peaking in May 2018
Chief Executive Robin Li said that Baidu is wary of the intense scrutiny that US-listed Chinese companies are experiencing, noting that it had numerous listing options outside of the US.
The Beijing-based Baidu, along with Ctrip and NetEase Inc., is exploring a possible listing in Hong Kong Exchanges and Clearing to follow Alibaba in an investor base closer to home.
US-listed Chinese companies are facing increased pressure due to growing tensions between the US and China.
On Wednesday, the US Senate passed a bill that could prevent some Chinese companies from listing on US exchanges without following for US audit and regulation standards.
Baidu has also been facing growing competition from domestic players such as ByteDance, which owns the video-sharing app TikTok and has launched a search engine in China.
