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Chinese Fast Fashion Retailer Shein Submit An Application To List In London Early June

As the online fast-fashion retailer goes on with what might be one of the largest initial public offerings (IPOs) globally this year, Shein reportedly secretly submitted documents with Britain's markets regulator in early June for a possible London listing, according to two sources.  ...

EU Charges Apple Of Violating Technology Regulations, Another Investigation Against It Likely

Apple might be hit with a sizable punishment if European Union antitrust investigators are found to have violated the bloc's digital regulations. The iPhone manufacturer is also subject to an additional inquiry on new levies that are imposed on app developers.   After an inquiry that began...

Goals For Artificial Superintelligence Are Discussed By The CEO Of SoftBank.

Masayoshi Son, the CEO of SoftBank Group, stated on Friday that the company's goal is to advance humankind by creating artificial superintelligence, which he predicted will be ten times more advanced than human intelligence.   During the group's annual general meeting, Son addressed the...

Investors Unsure About Whether To Purchase More Nvidia Or Cash In On The Company's Incredible Profits

Investors are debating whether to chase a company that has quadrupled in value over the past year or cash in on the massive advance in Nvidia Corp.'s shares.   This week, Nvidia momentarily surpassed all other American companies in terms of market value thanks to a more than 1,000% increase...

Families Of The Boeing Tragedy Want A Record $25 Billion Fine

The relatives of those killed in two incidents involving Boeing 737 Max aircraft have requested $24.8 billion in fines and punishment for "the deadliest corporate crime in US history". Paul Cassell, the families' attorney, stated that the sum was "justified and clearly appropriate" in light of the...

First-Ever Listing Of A Bitcoin ETF On Australia's Primary Stock Exchange

Thursday saw the introduction of a bitcoin exchange-traded fund (ETF) on Australia's primary stock market, as fund managers introduced new offerings to appease investors who were returning to the cryptocurrency space after a surge in prices.   After more than three years of talks with ASX,...

Filing Of Fresh Class Action Against J&J For Talc Demanding Cancer Medical Monitoring

A new proposed class action against Johnson & Johnson is bringing claims for damages and medical monitoring on behalf of women who have been diagnosed with cancer or may get it in the future, purportedly as a result of using the company's talc and baby powder products.   The first...

Nvidia Surpasses Microsoft To Become The Most Valuable Corporation Globally

Nvidia has overtaken Microsoft as the most valuable business in the world, thanks in large part to its high-end processors, which are crucial in the competition to dominate artificial intelligence technologies.   The chipmaker's market value increased to $3.335 trillion, or 3.5%,...

Apple Discontinues The Pay Later Financing Program

Apple, which just introduced its in-house purchase now, pay later programme last year, is abandoning it in the US. According to the digital behemoth, it will now provide payment plans to consumers via independent credit and debit card lenders.   Current borrowers will still be able to use...

EU To Prosecute Apple And Meta Under Historic IT Laws, According To Sources

According to three individuals with direct knowledge of the situation, Apple and Meta Platforms are expected to be charged for violating historic EU regulations intended to limit their influence prior to the summer.   According to the persons, Apple and Meta are priority issues for the...

By 2027, Stellantis Wants To Increase Jeep Sales By 50%

In the next three years, Stellantis anticipates a 50% increase in global sales of Jeep cars as the carmaker looks to capitalise on the iconic American SUV brand for more earnings.   By 2027, the transatlantic manufacturer plans to increase sales and manufacturing to over 1.5 million cars....

Goldman Sachs Wants To Lend Twice As Much To Customers Of Affluent Private Banks

As it accumulates more deposits to boost lending, Goldman Sachs intends to treble its lending over the next five years to ultra-wealthy private bank clients with account sizes surpassing $10 million, the bank's chief of private banking told Reuters.   Goldman's global head of private...
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