Cleveland-Cliffs, the largest flat-rolled steel producer in North America, announced on Sunday that it had made a cash-and-stock offer to acquire U.S. Steel, the second-largest...
Mastercard invests in MTN’s fintech unit to expand digital payments in Africa
Mastercard Inc., one of the world’s leading payment processors, has agreed to buy a minority stake in the fintech unit of MTN Group Ltd., Africa’s...
China’s New Plan to Boost Foreign Investment Amid Economic Slowdown
China has announced a new plan to attract more foreign investment and improve its business environment, as it faces a slowing economy and rising tensions...
Tesla Slashes Model Y Prices in China Amid EV Competition
Tesla Inc. has announced a new round of price cuts for its Model Y electric SUVs in China, sparking concerns of a renewed price war...
Rouble plunges to 17-month low as Kremlin criticises central bank
The Russian currency has fallen to its lowest level against the US dollar since March 2022, amid rising tensions with the West and a weakening...
Exor Acquires 15% Stake in Philips for $2.8 Billion
The Agnelli family’s investment firm Exor has announced that it has bought a 15% stake in Philips, a Dutch company that specializes in healthcare technology....
AI-Driven Tech Stocks to Buy Amid Tech Pullback, According to Analyst
The tech sector has been experiencing a pullback in recent weeks, as investors take profits from the strong rally that boosted many tech stocks to...
China’s Economic Slowdown Sparks Stimulus Speculation
China’s trade data for July, released on Monday, showed a weaker-than-expected performance of the world’s second-largest economy. The country’s exports grew by 19.3% year-on-year, down...
How US Inflation is Hurting American Families
The US economy is facing a serious challenge from rising inflation, which is eroding the purchasing power of consumers and squeezing their budgets. According to...
Country Garden’s debt crisis worsens as bond trading halted
Country Garden, one of China’s largest property developers, saw its shares plunge to a new record low on Monday, after it suspended trading of 11...
San Francisco’s self-driving car wars intensify after Cruise meltdown
San Francisco, a city known for its tech innovation and progressive culture, is also becoming a battleground for self-driving car companies. On Friday night, January...
Netflix Faces Backlash Over Political Docuseries
Netflix, the world’s leading streaming service, is facing criticism from some of its subscribers and investors over its recent docuseries that are perceived as having...
How to Pitch an Idea to a Big Brand Without It Being Stolen
If you have a brilliant idea for a product, service, or campaign that you think a big brand would love, you might be tempted to...
Vandalism causes widespread internet and cellphone outages in Southern California
On Sunday, August 13, 2023, many residents and businesses in Victor Valley, Apple Valley and Santa Clarita experienced disruptions in their internet and cellphone services...
Citi Sells Taiwan Consumer Unit to DBS as Part of Global Strategy
Citi, one of the largest U.S. banks, announced on Monday that it has successfully completed the sale and migration of its Taiwan consumer businesses to...
Foxconn’s India Expansion Shows the Challenges of Diversifying from China
Foxconn, the world’s largest contract electronics manufacturer and a key supplier of Apple, is expanding its presence in India as part of its strategy to...