In a significant move signaling its global ambitions, Shein, the Chinese-founded fast-fashion giant, has confidentially filed for an initial public offering (IPO) in the United [more…]
In a landmark move, Broadcom has officially concluded its $69 billion acquisition of cloud-computing giant VMware after overcoming regulatory obstacles, with China’s approval marking the [more…]
In a significant stride towards enhancing its presence in the global financial landscape, Mastercard has successfully secured approval to broaden its offerings within China’s massive [more…]
In a move to simplify its organizational structure, Citigroup is set to eliminate over 300 senior manager roles, constituting approximately 10% of staff two levels [more…]
In a significant development, Toyota’s U.S.-based auto financing unit, Toyota Motor Credit, has agreed to pay $60 million in fines and restitution to settle charges [more…]
In a groundbreaking move, South Korean automotive giant Hyundai has roared into the high-performance electric vehicle (EV) arena with the debut of its N sport [more…]
In a strategic move aimed at bolstering its presence in Europe and addressing global supply chain vulnerabilities, U.S. pharmaceutical giant Eli Lilly has unveiled plans [more…]
In a bold move marking the largest strike in the ongoing efforts to unionize Starbucks stores, workers at more than 200 locations across the United [more…]
In just two decades, private equity firms amassed over US$1.5 trillion in assets in China, lured by the promise of hefty returns. However, a perfect [more…]
In a surprising move indicative of the evolving landscape in global markets, Bridgewater Associates, the world’s largest hedge fund, has significantly adjusted its investment portfolio, [more…]
