XCMG told investors it is boosting profitability through a ‘stabilize, reduce, four-adjustments’ framework: stabilizing product pricing, cutting costs across procurement, R&D and production, and optimizing product, industry, market and customer struc

2026-09-05

XCMG told investors it is boosting profitability through a ‘stabilize, reduce, four-adjustments’ framework: stabilizing product pricing, cutting costs across procurement, R&D and production, and optimizing product, industry, market and customer structures. The company expects gross margins to increase year‑on‑year from 2026 and for an extended period thereafter.

Other News
2026-09-05

Prime Minister Carney's push to build AI infrastructure is encountering local resistance that has delayed projects and complicated federal investment plans. Oakville, Ontario and Rocky View County, Alberta have imposed one-year pauses on data-center

2026-09-05

The U.S. Supreme Court upheld a policy allowing political party committees to buy advertising at reduced rates, a victory for the Republican Party.