Archives

Bernard Arnault Moves to Tighten the Family's Hold on LVMH by Nominating 2 More Sons to Company's Board

Bernard Arnault Moves to Tighten the Family's Hold on LVMH by Nominating 2 More Sons to Company's Board

LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board. Bernard Arnault, the head of the LVMH luxury goods conglomerate, disclosed on Wednesday that he has proposed the appointment of two more of his children to the company's board, a move to solidify his family's grip on Europe's most valuable firm.


realme C67 to arrive in PH on February 1, pre-order details announced

To get first dibs on the realme C67, the Squad should head to the nearest offline realme store and sign up for the pre-order list from February 1 to 8, 2024 only.

Mining Giants Ordered to Pay Nearly $10 Billion Over Brazil Dam Disaster That Killed 19 People

Mining giants BHP, Vale, and their iron ore joint venture Samarco have been ordered to pay $9.67 billion in damages over a deadly dam collapse in Brazil.

FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google

The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.


Latest News

Levi Strauss Beats Forecasts With Quarterly Earnings Report
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
US-ENTERTAINMENT-FILM-FESTIVAL-CARTOON-COMICCON
Paramount CEO Bob Bakish announced job cuts, joining an industry trend of layoffs. Paramount CEO Bob Bakish announced staff layoffs on Thursday as part of a strategic effort to operate more efficiently and reduce expenses, according to a report by CNBC.
Lottery
Western Australia's Lotterywest Subiaco headquarters spokesperson explained what happens behind the scenes when lucky winners win the most unlikely prizes.
Joe Biden Touts Obamacare Sign-Ups Hitting Record 21.3 Million as Donald Trump Vows Repeal
President Joe Biden has praised the announcement that 21.3 million people have now signed up for 2024 Obamacare health insurance plans.
letter stamp
The Australian Competition and Consumer Commission has indicated that it would not oppose Australia Post's 25% stamp price increase while collecting stakeholder input.
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Russian Investor Reportedly Made Millions From Insider Trading Linked to Donald Trump Media Company
A Russian-American businessman has been accused of making millions from alleged insider trading involving the media company of former President Donald Trump.
TURKEY-SAUDI-US-POLITICS-MEDIA-DIPLOMACY
Saudi Arabia has opened its first liquor store in over 70 years, marking a significant departure from its conservative traditions.
Uranium Prices Could Soar to Historical Highs as the World’s Largest Producer Warns of Production Shortfall
The world's largest uranium producer, Kazatomprom, is anticipating production issues over the next two years, which can trigger a price rise in uranium.
China Unveils New Strategy to Turn Hi-Tech Lab Innovations Into Globally Competitive Products
China has introduced a new strategy to transform domestic innovations into commercial products that can compete in the global market.