FedEx shares plunge as company lowers revenue forecast due to weaker demand
FedEx shares took a nosedive, plummeting over 10% in premarket trading on Wednesday, following the company’s decision to revise its revenue forecast downwards due to [more…]
FedEx shares took a nosedive, plummeting over 10% in premarket trading on Wednesday, following the company’s decision to revise its revenue forecast downwards due to [more…]
Hong Kong’s unemployment rate has maintained its position at 2.9%, signaling a stable yet tight labour market in the city. This news comes from the [more…]
In a promising sign of recovery for Hong Kong’s aviation sector, the city’s international airport saw a remarkable surge in passenger traffic in November, with [more…]
Alphabet’s Google has reached a settlement in an antitrust case with U.S. states and consumers, agreeing to pay $700 million and make changes to its [more…]
Affirm Holdings experienced a significant surge in its stock price, soaring over 15% following the announcement of an expansion in its partnership with retail giant [more…]
The Bank of Japan (BOJ) has decided to maintain its long-standing easy credit policy, keeping its negative benchmark interest rate unchanged. The central bank announced [more…]
In a surprising departure from its recent touchscreen-centric designs, Volkswagen is turning back the clock with the interior of its upcoming compact EV, the ID.2all. [more…]
Rescue workers in northwestern China are facing a daunting challenge as they race against time and harsh weather conditions to find survivors of a powerful [more…]
In a turn of events, Chinese live-streaming e-commerce giant East Buy has ousted its CEO, Sun Dongxu, following a public dispute with one of its [more…]
In a surprising turn of events, Adobe (ADBE) has called off its planned $20 billion acquisition of the collaboration-software company Figma. This decision comes after [more…]