U.S. retail giant Walmart has sold its entire stake in Chinese e-commerce firm JD.com after an eight-year partnership, as it shifts its focus to bolstering its own operations in China. The sale, fully subscribed according to a source familiar with the matter, could be valued at up to $3.74 billion...

Target Corporation has reported a significant turnaround in its financial performance, fueled by strategic price cuts and a focus on value-driven offerings that attracted more shoppers during a time of rising grocery prices and economic uncertainty. The Minneapolis-based retailer raised its...

Diageo’s Indian unit, United Spirits (UNSP.NS), has recently submitted key financial documents to New Delhi's anti-corruption police as part of an ongoing investigation into the company’s billing and discount practices related to liquor sales to government agencies. This investigation has brought...

Payments company Adyen reported impressive half-year results on Thursday, surpassing core profit expectations and demonstrating its ability to navigate a challenging digital payments landscape. The company's success in expanding its services to existing clients and strategic market positioning...

Japanese retail conglomerate Seven & i Holdings, the owner of the global convenience store giant 7-Eleven, has received a buyout offer from Canadian competitor Alimentation Couche-Tard (ACT), the company behind the Circle K chain. This development has sparked significant interest in the...

Foxconn's chairman, Young Liu, on Saturday emphasized the significant role married women play in the company's workforce amidst ongoing investigations ordered by New Delhi. These investigations were triggered by a Reuters report that accused the Apple supplier of rejecting married women for iPhone...

Texas Instruments announced on Friday that it will receive up to $1.6 billion in funding from the U.S. Commerce Department to support the construction of three new semiconductor manufacturing facilities. This funding is part of the U.S. government's broader effort to enhance domestic chip...

Fortnite, the popular multiplayer shooter game developed by Epic Games, has made a return to iPhones in the European Union and Android devices worldwide after a four-year hiatus. This comeback follows the enactment of the EU's Digital Markets Act (DMA), which played a pivotal role in allowing Epic...

Tencent Holdings reported an 8% increase in second-quarter revenue on Wednesday, marking a notable rebound in its gaming business following the successful launch of a new mobile game in May. The world's largest video game company and operator of the WeChat messaging platform achieved revenue of...

In a landmark $36 billion acquisition, Kellanova, the maker of Cheez-It and Pringles, is set to be acquired by family-owned candy giant Mars. This deal unites iconic consumer food brands, including M&M's, Snickers, Pop-Tarts, and Pringles, creating one of the largest transactions in the food...

The Adani Group, already under scrutiny from a previous report by Hindenburg Research, experienced another significant selloff on Monday after the short-seller accused the head of India's market regulator, Madhabi Puri Buch, of having ties to offshore funds linked to the conglomerate. Despite...