Archives

Gucci Owner Kering Sees 14% Slump in Stock Price After Profit Warning Owing to Asia Sales Decline

Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.


Biden Administration Awards Intel Nearly $20 Billion to Boost Domestic Semiconductor Chip Output

The Biden administration's $20 billion grant to Intel aims to strengthen the semiconductor chip output in the U.S. and reduce dependency on foreign chip production, particularly from China and Taiwan.

UK Inflation Rate Drops to 3.4% in February — Its Lowest Level Since September 2021

UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.

Donald Trump Sues ABC News, George Stephanopoulos for Defamation Over Rape Claims

Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.


Latest News

New Zealand announced Wednesday that it would soon ban single-use vapes and raise penalties against those who sell these disposable e-cigarettes and tobacco cigarettes to minors.
President Joe Biden revealed his plan to lower housing costs on Tuesday to address high rental costs as he blasted the policies of his predecessor, Donald Trump, while using the former president's signature phrase.
Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company.
US President Joe Biden's diversity policies for apprenticeship programs are now targeted by Republican attorneys. Here's why!
Apple CEO Tim Cook arrives in Shanghai ahead of a new retail store opening and decreasing iPhone sales.
A Canadian citizen based in China has been arrested in the United States for allegedly stealing the trade secrets of Tesla and conspiring to sell them to undercover police.
Ukraine has reportedly deployed 35 drones to target various locations in Russia, resulting in a fire at an oil refinery and disruptions to electricity supplies in border areas.
MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.
Elon Musk defended his use of ketamine, claiming it is good for Tesla investors. Elon Musk defended his use of ketamine, saying it is helpful for getting him out of a negative frame of mind that ultimately benefits investors in Tesla.
Chubb has declined to handle former President Donald Trump's $464 million bond that he now needs in his New York civil business fraud case.
Real Time Analytics