Global Trade
Streaming Services Struggle as Costs Rise and Churn Rates Soar
As the sun sets on the golden age of streaming, streaming services are grappling with the strains of escalating costs. According to recent data unveiled...
Zeekr Aims for $13B Valuation in U.S. IPO Drive
Zeekr, the premium electric vehicle (EV) brand under Chinese automaker Geely, is set to embark on a landmark journey with its US Initial Public Offering...
Tesla Slashes German Plant’s Production Targets Amid Challenges
Tesla, the American electric car manufacturer, has made significant downward revisions to its production targets at its Gruenheide plant in Germany, according to an investigative...
Modelo Especial Takes Lead in U.S. Beer Sales, Bud Light Slips
In a significant shift in the American beer market, Modelo Especial, the Mexican lager, has emerged triumphant, dethroning Bud Light from its long-standing reign as...
Baidu Beats Q2 Revenue Predictions with Advertising Boost
Baidu Inc, the Chinese search engine and artificial intelligence (AI) powerhouse, exceeded revenue projections for the second quarter (Q2), buoyed by a surge in advertising...
Oil Exports Impact Brent Crude, WTI Prices
In response to recent reports of reduced export figures from two major oil-producing nations, Saudi Arabia and Russia, coupled with a surge in heating oil...
Cryptocurrency Markets Rattled by Volatility: Bitcoin Struggles
The global cryptocurrency landscape was rocked by a tumultuous surge of volatility in recent days. Thursday witnessed a staggering one-day upheaval in the value of...
Yield Surge Sends Ripples Through Global Bond Markets
In a significant shift that has rippled across global financial markets, bond traders are facing the stark realization that the era of rock-bottom yields may...
Farfetch Hit by US and China Demand Slump, Shares Drop
Shares of online luxury goods retailer Farfetch took a severe hit, plunging nearly 40% to an unprecedented low on Friday, following a tumultuous period of...
China Evergrande Seeks U.S. Bankruptcy Protection
In a bold move amidst China’s escalating property crisis, China Evergrande Group, once a titan in the real estate industry, has sought refuge under the...
