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Most Popular

Tariffs to Drive Up Car Prices and Shrink Options for U.S. Buyers

What is holding back India’s ambition to become a manufacturing hub

Musk’s Grand Vision: What xAI’s Acquisition of X Means for AI and Social Media

China’s Huawei’s Resurgence: Overcoming Adversity to Hit Revenue Peaks

Trump’s Russian Oil Tariff Threats Spark Global Trade and Energy Uncertainty

Trump Family's Crypto Takeover: Influence, Control, and Ethical Dilemmas

WHO Faces Major Budget Cuts: The Impact on Global Health

US Tariffs Heighten Global Recession Concerns

Trump's Tariffs Ignite Global Trade Tensions and Economic Uncertainty

Companies
Nestlé Revamps Strategy To Regain Market Share And Drive Growth

Nestlé Revamps Strategy To Regain Market Share And Drive Growth

Nestlé, the world’s largest food and beverage company, has unveiled an ambitious plan to restore growth and competitiveness under its new CEO, Laurent Freixe. The company’s strategy includes a significant boost to advertising and marketing, a major cost-cutting initiative, and the restructuring of...
TikTok Faces Growing Regulatory Challenges Amid ByteDance’s Record Valuation

TikTok Faces Growing Regulatory Challenges Amid ByteDance’s Record Valuation

ByteDance, the parent company of TikTok, is facing significant hurdles in the United States and other markets, despite its impressive valuation of $300 billion. This valuation comes after ByteDance recently initiated a share buyback program, offering shares at $180.70 each, reflecting a 12.9%...
India's Satellite Broadband Battle: Reliance Challenges Starlink And Kuiper's Market Entry

India's Satellite Broadband Battle: Reliance Challenges Starlink And Kuiper's Market Entry

The escalating competition in India’s telecom and satellite broadband sectors has seen Mukesh Ambani’s Reliance raise concerns about the entry of Elon Musk's Starlink and Amazon's Kuiper. In a letter to India's telecom regulator, Reliance has urged a reassessment of how satellite spectrum is...
Elon Musk’s Political Influence Sparks New Hope For X’s Debt Recovery

Elon Musk’s Political Influence Sparks New Hope For X’s Debt Recovery

The intersection of Elon Musk's rising political clout and the financial predicament of his social media platform, X (formerly Twitter), has sparked a potential turnaround for the $13 billion debt tied to the platform's acquisition. Wall Street banks, which financed Musk's 2022 purchase of X, are...
Samsung's Share Buyback Plan: A Strategic Move Amid Stock Market Turmoil

Samsung's Share Buyback Plan: A Strategic Move Amid Stock Market Turmoil

Samsung Electronics has unveiled a 10 trillion won ($7.17 billion) share buyback program to stabilize its stock price and bolster shareholder confidence. The announcement comes after the company’s shares plummeted to a four-year low, marking a critical juncture for the world's leading memory...
Samsung Faces Pressure As U.S. Tariffs And AI Chip Shortage Weigh On Shares

Samsung Faces Pressure As U.S. Tariffs And AI Chip Shortage Weigh On Shares

Shares of Samsung Electronics, the world’s largest memory chip maker, have plummeted to their lowest levels in over four years, as analysts cite a combination of external challenges, including the potential impact of U.S. tariffs under the Biden administration and its struggle to capitalize on the...
Japan's Seven & I Holdings Faces Strategic Crossroads Amidst Competing Buyout Offers

Japan's Seven & I Holdings Faces Strategic Crossroads Amidst Competing Buyout Offers

Japan’s Seven & i Holdings is at a critical juncture, receiving a management buyout (MBO) proposal from a member of its founding Ito family, as the company navigates competing bids. The latest move, which could be worth up to $58 billion, places the company in a pivotal position as it considers...
China’s Baidu Pivots To AI-Powered Solutions With New Tools For Coding And Image Generation

China’s Baidu Pivots To AI-Powered Solutions With New Tools For Coding And Image Generation

Baidu Inc., China’s leading search engine company, announced a series of innovative AI applications on Tuesday, including a tool that allows users to develop software without coding skills and a powerful text-to-image generator. These tools reflect Baidu’s focus on commercializing its advanced AI...
SoftBank Eyes Major AI Investments Amid Record Profit Gains And Strategic Portfolio Moves

SoftBank Eyes Major AI Investments Amid Record Profit Gains And Strategic Portfolio Moves

Japanese tech giant SoftBank Group is set to announce a quarterly profit of 287 billion yen ($1.87 billion) on Tuesday, largely fueled by successful listings of its portfolio companies, particularly in India. The profit marks a sharp recovery from the 931 billion yen loss recorded in the same...
Trump Media Shares Surge Amid Trump’s Firm Commitment To Truth Social

Trump Media Shares Surge Amid Trump’s Firm Commitment To Truth Social

Shares of Trump Media & Technology Group, owner of the Truth Social platform, spiked on Friday after Donald Trump confirmed he has no plans to sell his stake in the company. This reassurance came amid speculation over the stock’s volatile movement, influenced both by Trump’s election victory...
Ikea's Strategic Price Cuts Boost Profits Amid Global Expansion

Ikea's Strategic Price Cuts Boost Profits Amid Global Expansion

Inter IKEA, the global furniture giant and franchisor of IKEA, has reported increased profits for 2024, driven by strategic cost adjustments and global expansion, despite a decrease in revenue. The company’s profitability rose as a result of lowered interest payments and renewed consumer interest...
Boeing's Strike Ends After Major Pay Rise For Workers, But Long-Term Challenges Persist Amid Production Delays

Boeing's Strike Ends After Major Pay Rise For Workers, But Long-Term Challenges Persist Amid Production Delays

After a grueling seven-week strike, Boeing's West Coast factory workers have ratified a new contract that promises a substantial pay increase and other benefits, easing tensions at the aerospace giant. The union members, represented by the International Association of Machinists and Aerospace...
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World

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...