Finance/Venture

Shein Pushing for London IPO Launch Amid US Listing Hurdles

Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.


US Federal Judge Overturns $8 Cap on Late Credit Card Fees

US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8...

US Now Considers Sanctioning Chinese Banks Supporting Russia's Ukraine Invasion—Will This Work?

The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?..

Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%

Shares of Trump Media soared over 10% on Monday, reaching levels not seen since late March and boosting the net worth of former President Donald Trump to an all-time high...


Latest News

KuCoin Crypto Exchange Hit With US Charges Over Money Laundering Allegations
KuCoin, a major crypto exchange, faces US charges for money laundering violations, allegedly moving billions in illicit funds, prompting regulatory crackdown amid market impact.
Krispy Kreme Doughnuts Will Be Available in McDonald's Soon
McDonald’s will sell Krispy Kreme Doughnuts nationwide through an exclusive partnership by the end of 2026.
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
UK Government Cuts NatWest Stake, No Longer Controlling Shareholder
UK government slashes NatWest stake to 29.8%, no longer controlling shareholder.
Redditors Became Instant Millionaires As Company's Stock Soars 48% During Stock Exchange Debut
Reddit Inc. made a remarkable debut on the NYSE, surging 48%. Tens of thousands of Reddit users participated in the IPO through a directed-share program, resulting in immediate profits for some while
Elon Musk's Tesla Loses $240 Billion After Decision to Cut Production in China
Tesla's stock plummeted after Elon Musk's decision to halt car production in China amid slower EV sales growth and increased competition. Analysts warn that overcoming the downfall will be challenging
Bank of Japan Departs From Negative Interest Rate Policy, Boosting Confidence in Economic Growth
The Bank of Japan's decision to abandon its negative interest rate policy, coupled with its first rate hike in 17 years, reflects confidence in Japan's economic growth, driven by significant wage incr
Most Australians Worry About Cashless Society Amid the Rise of Digital Payment Methods, New Research Shows
A new research shows that most Australians worry about a cashless society.
Donald Trump's New Deal With Republican National Committee Prioritizes the Committee Paying His Legal Bills
Former President Donald Trump and the Republican National Committee (RNC) have a new joint fundraising agreement that prioritizes the committee paying his legal bills.
Florida Trust Fund Firm Loses Over $100 Million Intended for Disabled Children, Leaving Hundreds of Families Devastated
A Florida special needs non-profit went bankrupt, losing hundreds of families' trust fund worth more than $100 million intended for their disabled children.
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