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NZ beats Fiji in Hong Kong Sevens quarters
Defending champion New Zealand knocked out Fiji 19-12 with a last-minute try to reach the Hong Kong Sevens semifinals on Saturday. Iconic Hong Kong's most successful men's teams, who have met in 15 finals including last year's, didn't produce another classic in the quarterfinals but it was typically tense. Regan
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Abbott beats quarterly profit estimates on strong medical device sales
Abbott Laboratories beat Wall Street estimates for quarterly profit on Wednesday and raised the lower end of its annual forecast on robust sales of its medical devices, including glucose-monitoring products. Sales of Abbott's medical devices have been strengthened in recent quarters due to a resurgence in the demand for joint replacements as well as other surgeries delayed during the COVID-19 pandemic. Industry bellwether and rival Johnson & Johnson said on Tuesday it continues to expect...
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China's economy grew 5.3% in first quarter, beating expectations
HONG KONG (AP) — China’s economy beat expectations in the first quarter of the year with help from policies and an increase in demand. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%. Compared to the previous quarter, growth was up 1.6%. China’s economy has struggled