Global luxury conglomerates are strategically shifting their focus towards the resilient U.S. market, seeking a vital counterbalance to the ongoing economic slowdown and shifting consumer behaviors in China. Once the … Read More
Bill Ackman’s Pershing Square Capital Management is urging Universal Music Group (UMG) to establish a secondary listing in the United States. This move comes after Ackman publicly expressed his desire … Read More
Apple is reportedly in talks with Barclays and Synchrony Financial to potentially replace Goldman Sachs as its credit card partner. This move comes as Goldman Sachs scales back its consumer … Read More
Major oral care brands Crest and Colgate are facing a barrage of lawsuits alleging the companies misled consumers about the safety of fluoride in children’s toothpaste and mouth rinse. The … Read More
In a move signaling its serious ambitions in the advertising arena, T-Mobile US Inc. has announced a definitive agreement to acquire Vistar Media, a leading global provider of software for … Read More
Sygnum Bank, a digital asset banking group based in Switzerland and Singapore, has reached a significant milestone, achieving a $1 billion valuation after closing its latest funding round. This achievement … Read More
Nvidia, the dominant designer of advanced graphics processing units (GPUs) crucial for artificial intelligence development, has issued a stark warning: new US export controls aimed at restricting the flow of … Read More
In a move that underscores the growing importance of battery recycling in the electric vehicle (EV) revolution, Norwegian aluminum and renewable energy company Hydro has announced it will acquire the … Read More
The landscape of stock photography and visual content is undergoing a seismic shift, driven by the rapid advancement of artificial intelligence (AI) image generation. In response to this disruptive force, … Read More
Swisscom, Switzerland’s leading telecommunications provider, has revised its earnings outlook for 2024 downwards following the completion of its €8 billion acquisition of Vodafone Italia. The acquisition, which will see Vodafone … Read More
