Spotify announced on Wednesday that starting in March, its European users will be able to purchase audiobooks and subscription plans directly within the music-streaming app. [more…]
France’s privacy watchdog, CNIL, has wielded its authority, slapping Amazon’s French warehouse business with a hefty 32 million euro fine ($35 million) for what it [more…]
Shares of Netflix soared by 7% after the closing bell on Tuesday following the company’s announcement of a substantial increase in subscribers during the fourth [more…]
Procter & Gamble (P&G) faced a significant setback as its high-end SK-II skin-care brand experienced a sharp 34% decline in sales within the greater China [more…]
In a surprising turn of events, Sunoco LP and NuStar Energy L.P. have announced a definitive agreement that will see Sunoco acquiring NuStar in a [more…]
China’s leading fast-fashion brand Shein is undergoing a comprehensive security review by China’s Cyberspace Administration (CAC) as it prepares for its much-anticipated initial public offering [more…]
Volkswagen has been at the forefront of the electric vehicle (EV) revolution, with ambitions to develop solid-state batteries that promise longer ranges and shorter charging [more…]
In a significant blow to JetBlue Airways, a federal judge has blocked its $3.8 billion purchase of Spirit Airlines after the Justice Department sued to [more…]
Citigroup’s CFO Mark Mason announced on Friday that the company plans to lay off 20,000 employees over the next two years. This decision comes after [more…]
A recent incident involving a cabin blowout at 16,000 feet and the subsequent grounding of over 170 Boeing jets has reignited concerns among airlines over [more…]
