Business
Student Loan Resumption Sparks Spending Concerns
As the resumption of student loan payments looms in October, a recent study conducted by Jefferies reveals that consumers are anticipating a reduction in their...
SoftBank Unveils Innovative Bond-Type Class Shares Offering
SoftBank, the telecommunications arm of billionaire Masayoshi Son’s conglomerate, has unveiled plans to issue a unique class of securities that blur the lines between traditional...
Apple Aims for $40 Billion Production in India
In a significant move towards bolstering its manufacturing footprint, Apple Inc. has outlined an ambitious strategy to amplify production in India by over fivefold within...
Lego Shelves RPET Plan, Sticks with Oil-Based Plastics
In a significant development, the renowned Danish toy giant, Lego, has officially discontinued its ambitious initiative to substitute oil-based plastics with more eco-friendly alternatives in...
Amazon Invests $4 Billion in Anthropic for Major AI Push
Amazon is set to assert its dominance in the realm of artificial intelligence with a substantial investment of up to $4 billion in the AI...
Healthcare Meets Retail: Industry Giants Target $4 Trillion Market
In a strategic shift towards retail healthcare, numerous companies are aiming to tap into the burgeoning home healthcare sector, vying for a share of the...
Vietnam’s VNG Hits Pause on US IPO Amidst Market Flux
VNG Ltd., a prominent internet startup based in Vietnam, has opted to defer its plans for a US initial public offering (IPO), as disclosed by...
Amazon Prime Adds Advertising to Prime Video in 2024
Amazon Prime announced on Friday its plans to incorporate advertising into its Prime Video streaming service, effective early next year. This development places Amazon in...
Activision Blizzard Acquisition Progresses for Microsoft
Microsoft (MSFT) is on the brink of surmounting its last obstacle in the United Kingdom, as it strives to secure its acquisition of the renowned...
Sanofi Employs AI to Transform Drug Development
Sanofi CEO Paul Hudson envisions a transformative decade ahead for the pharmaceutical industry, with artificial intelligence (AI) playing a pivotal role. In a recent interview,...