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Shein And Temu Enter Toy Market Amid Counterfeit Concerns
Shein and Temu, fast-growing e-commerce platforms known for low-cost unbranded products, are expanding into the toy market as they target...

By The Financial District
Dec 6, 20241 min read


Cargill To Cut 5% Of Global Workforce Amid Falling Profits
Cargill, the Minnesota-based food production giant and the world’s largest agricultural commodities trader, plans to lay off approximately..

By The Financial District
Dec 6, 20241 min read


100,000 Customers' Data Stolen From 11 Japanese E-Commerce Websites
Personal information of at least 100,000 customers, including credit card details, has been stolen from 11 e-commerce websites in Japan.

By The Financial District
Dec 6, 20241 min read


Aussie Police Arrest 13 Suspects, Seize 2.3 Tons Of Cocaine
Australian authorities seized a record 2.3 tons of cocaine and arrested 13 people in raids following the breakdown of the suspects’ boat...

By The Financial District
Dec 6, 20241 min read


Brazil Blocks Meat Deliveries To French Carrefour Chain Over Trade Row
Brazil's agriculture minister on Monday backed national meat suppliers who have boycotted deliveries to local outlets of the French-owned...

By The Financial District
Dec 6, 20241 min read


AboitizPower Lights The Way To A Greener Future With Armenia Solar Plant
boitizPower, through its renewable energy arm, Aboitiz Renewables Inc. (ARI), proudly switched on its 45-megawatt peak (MWp) Armenia Solar..

By The Financial District
Dec 6, 20242 min read


Plan Emerges For Japan’s Seven & i To Spin Off Noncore Stores
Japanese retail giant Seven & i Holdings Co. is considering selling its noncore specialty store businesses as part of efforts to divest...

By The Financial District
Dec 6, 20241 min read


Thieves Steal €200,000 Worth Of Festive Ham In Spain
A brazen robbery of a Christmas culinary staple has left a family-run business in Spain reeling.

By The Financial District
Dec 4, 20241 min read


Nine VW Plants To Strike As Labor Row Escalates
Workers at nine Volkswagen car and component plants across Germany will strike, the IG Metall union announced, bringing assembly lines to...

By The Financial District
Dec 4, 20241 min read


Australian Senate Approves Social Media Ban For Kids
The Australian Senate has passed groundbreaking legislation banning children under 16 from using social media platforms, including TikTok...

By The Financial District
Dec 4, 20241 min read


Intel CEO Pat Gelsinger Steps Down Amid Board Pressure
Intel CEO Pat Gelsinger has resigned less than four years after taking the helm, following a board decision to replace him amid concerns...

By The Financial District
Dec 4, 20241 min read


EV Maker Lion Electric Gets Cash, Shuts Down U.S. Factory
Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its Illinois factory to...

By The Financial District
Dec 4, 20241 min read


Turkey Reduces $23-B F-16 Fighter Jet Deal With U.S.
Turkey has scaled back its planned $23 billion acquisition of an F-16 fighter jet package from the United States, opting not to purchase...

By The Financial District
Dec 4, 20241 min read


Vietnam Court Upholds Death Sentence For Real Estate Tycoon In Landmark Fraud Case
Vietnam’s Supreme Court upheld the death sentence for Truong My Lan, chairperson of Van Thinh Phat, over a $12.5 billion fraud case.

By The Financial District
Dec 3, 20241 min read


Hyundai Recalls 226,000 Vehicles Over Rearview Camera Defects
Hyundai is recalling over 226,000 vehicles in the U.S., including Santa Fe SUVs and Elantra models from 2021 and 2022, due to faulty...

By The Financial District
Dec 3, 20241 min read


ASML, Peers See Share Surge Amid Easing U.S. Chip Restrictions On China
Shares of ASML and other European chip equipment companies surged following reports that U.S. restrictions on China’s semiconductor...

By The Financial District
Dec 3, 20241 min read


Stock Of Uniqlo’s Parent Drops After Xinjiang Remarks
Shares of Fast Retailing dropped as much as 4.5%—their steepest decline since Sept. 30—after its chairman stated that the retailer does...

By The Financial District
Dec 3, 20241 min read


Microsoft Faces Broad U.S. Antitrust Probe
The U.S. Federal Trade Commission (FTC) has launched a wide-ranging antitrust investigation into Microsoft, focusing on its software...

By The Financial District
Dec 3, 20241 min read


Stellantis CEO Carlos Tavares Quits As U.S. Jeep, Ram Sales Sink
Stellantis Chief Executive Carlos Tavares abruptly resigned on Sunday, two months after the automaker, which produces Jeep, Fiat, and...

By The Financial District
Dec 3, 20241 min read


SoftBank Increases Stake In OpenAI With $1.5 Billion Tender Offer
SoftBank is expanding its investment in OpenAI, offering to buy employee shares in a tender worth up to $1.5 billion.

By The Financial District
Dec 3, 20241 min read


Volkswagen Sells Xinjiang Plant For "Economic Reasons"
Volkswagen has sold its plant in Xinjiang, citing “economic reasons” amid growing scrutiny over alleged human rights abuses in the region.

By The Financial District
Dec 3, 20241 min read


TikTok CEO Asks Elon Musk For Help Amid Trump Administration Pressure
TikTok CEO Shou Chew has reportedly reached out to Elon Musk for advice, leveraging Musk’s close relationship with President-elect Donald...

By The Financial District
Dec 3, 20241 min read


Dai Nippon Printing Says Elliott Has Sold Its Stake
Dai Nippon Printing Co. announced that Elliott Investment Management has significantly reduced its stake in the company, less than two...

By The Financial District
Dec 3, 20241 min read


Mark Cuban: Revolutionizing Affordable Healthcare
In a world where exorbitant drug prices often put life-saving medication out of reach, the Mark Cuban CostPlus Drug Company offers a...

By Gerry Urbina
Dec 3, 20242 min read
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