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PAG and partners inject billions into Dalian Wanda's mall arm, eyes on China's retail crown. (Photo: VCG)

2 min read

PAG led consortium’s $8.3 billion investment energizes Dalian Wanda’s mall unit

Post Date 03/30/2024

In a move set to shake up the Chinese property market, a consortium of investors spearheaded by private equity powerhouse PAG has just injected a [more…]

AliExpress kicks-off Euro 2024 sponsorship, eyes European market expansion. (Photo: AliExpress)

2 min read

Business China France Germany Mexico Portugal Saudi Arabia U.K. U.S.

AliExpress scores big with Euro 2024 sponsorship, aims to dominate European e-commerce market

Post Date 03/28/2024

AliExpress, the international e-commerce arm of Alibaba Group Holding, is making moves in the European market with its sponsorship of Euro 2024, the upcoming European [more…]

Xiaomi enters EV arena with SU7 sedan, sets sights on Porsche and Tesla. (Photo: Xiaomi)

2 min read

Business China Germany U.S.

Xiaomi unveils its electric car SU7, priced below 500,000 Yuan

Post Date 03/28/2024

Xiaomi’s foray into the electric vehicle (EV) market with its new Speed Ultra 7 (SU7) sedan is poised to shake up the industry. With a [more…]

Home Depot's $18.25 billion acquisition of SRS Distribution signals major expansion in pro market. (Photo: Investopedia)

2 min read

Business U.S.

Home Depot boosts pro business with $18.25 billion SRS Distribution acquisition

Post Date 03/28/2024

In a move signaling its commitment to expanding its professional customer base, Home Depot announced on Thursday its acquisition of SRS Distribution in an $18.25 [more…]

Comac's C929 widebody jet nears production milestone, accelerating China's aviation goals. (Photo: FATIII Aviation)

3 min read

Business China France Russia U.S.

China’s C929 widebody aircraft moves to critical development stage, a major leap in aviation ambitions

Post Date 03/27/2024

China’s ambitious foray into the aviation industry has reached a pivotal stage with the development of its home-grown C929 widebody passenger jet, as announced by [more…]

Genesis unveils Neolun and GV60 Magma concept vehicles, redefining luxury automotive design. (Photo: Carscoops)

2 min read

Business South Korea U.S.

Genesis debuts Neolun and GV60 Magma concepts, pioneering the future of luxury mobility

Post Date 03/26/2024

Genesis, a luxury brand under the Hyundai Motor Group, recently unveiled two striking concept vehicles, showcasing the brand’s innovative approach to design and performance. The [more…]

Visa and Mastercard agree to lower credit card fees in landmark settlement. (Photo: Illustration)

2 min read

Business U.S.

Visa and Mastercard agree to historic settlement, lowering credit card fees for U.S. merchants

Post Date 03/26/2024

In a surprising move, Visa and Mastercard have settled a two-decade-long legal battle by agreeing to lower credit card fees paid by merchants. The decision, [more…]

McDonald’s and Krispy Kreme team Up to satisfy America’s sweet tooth. (Photo: Getty Images)

2 min read

Business U.S.

McDonald’s to serve up Krispy Kreme delights nationwide by 2026

Post Date 03/26/2024

In a sweet twist, McDonald’s is set to offer Krispy Kreme doughnuts at its restaurants across the United States by the end of 2026. The [more…]

Adam Neumann's high-stakes gamble, a possible $900 million bid to reclaim WeWork. (Photo: Standard)

2 min read

Business U.S.

Neumann’s ambitious bid adds intrigue to WeWork’s bankruptcy saga

Post Date 03/25/2024

In a surprising turn of events, Adam Neumann, the ousted co-founder of WeWork, has submitted a bold bid exceeding $500 million to acquire the company [more…]