World
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...
End of an Era: Microsoft Axes Xbox 360 Store and Marketplace
In a significant move that marks the end of an era for gaming enthusiasts, Microsoft Corporation has declared its intention to discontinue the Xbox 360...
Samsonite Explores US Listing to Attract American Investors
Samsonite International SA, the renowned luggage manufacturer, is actively considering a secondary listing on US stock exchanges to enhance its appeal to American investors and...
Tesla Warns of Legal Action in Core Lithium Dispute
Core Lithium, an Australian mining company, announced on Wednesday that it had received a notice from Tesla, the prominent electric-vehicle manufacturer, regarding a supply agreement...
Gloomy Outlook: Japan Exports Decline, China Demand Dips
In a worrisome development underscoring concerns of a global recession, exports of Japan witnessed a decline in July for the first time in nearly two...
Global Bond Yields Surge as US 30-Year Hits 2011 High
Global government bond yields have continued their surge, reaching significant milestones as economic data challenges prevailing notions about central bank rate peaks. The US...
Fisker to Gain Access to Tesla Supercharger Network in 2025
Fisker Inc. (FSR), the prominent electrified vehicle (EV) manufacturer, has revealed its plans to become part of the Tesla (TSLA) Supercharger network, with integration scheduled...
China Evergrande Shares Surge 50% on $3.2B Revamp
In a significant turn of events, China Evergrande New Energy Vehicle Group (NEV) witnessed a remarkable surge of nearly 50% in its shares on Tuesday....
US Stock Market Reacts to Economic Contrasts
The US stock market faced a tumultuous start to the week as investors grappled with contrasting narratives from opposite ends of the economic spectrum. On...