China's Big Fund raises $27 billion to counter US tech restrictions, aiming for chip self-sufficiency amidst escalating tensions. US tightens curbs as China pushes for autonomy.
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HelloFresh Stock Tumbles 42% as Earnings Forecast for 2024 Outlook 'Far Worse' Than Expected
HelloFresh, a German meal-kit delivery service, faced a 42% stock decline following a bleak 2024 earnings outlook, with adjusted EBITDA expected to drop significantly. Regulatory issues and declining subscriber numbers further challenge its sustainability.
Apple Terminates Epic Games' Developer Account Twice, Sparking EU Investigation
Epic Games CEO Tim Sweeney said it was Apple's way of retaliating against antitrust lobbying, prompting an EU investigation and a possible billion-dollar fine for Apple.
Escalating Violence in Red Sea Raises Threatens Asia's Economic Growth
Projections indicate an up to a 0.5% reduction in economic growth and a 0.4% increase in inflation rates due to disrupted supply chains, especially impacting Southeast Asian nations reliant on exports.
Elon Musk Said What About Jeff Bezos' Ex-wife MacKenzie Scott
Elon Musk's criticism of MacKenzie Scott's philanthropy stirred debate on social media. SpaceX faces legal action over alleged sexism.
Latest News
Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.
Broadcom's shares fell after its full-year forecast failed to impress investors despite its expectations of $10 billion in AI chip sales this year.
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
The People's Bank of China will allow foreigners to spend up to $2,000 annually on Alipay without ID registration, while Ant Group raises single transaction limits to $5,000 from $1,000.
Former President Donald Trump was ordered to pay six-figure legal fees to a British company he sued over claims in the "Steele dossier."
The successful weight loss trial of the amycretin pill pushed Novo Nordisk past Tesla in market value to $604 billion, increasing investor interest in innovative solutions for major health issues like obesity.
Media tycoon Rupert Murdoch, 92, got engaged to his 67-year-old girlfriend, Elena Zhukova. Media tycoon Rupert Murdoch, 92, got engaged to his 67-year-old girlfriend, Elena Zhukova.
Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel.
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
