Disney’s strategic move to acquire full control of Hulu from Comcast
In a groundbreaking announcement today, The Walt Disney Company (NYSE: DIS) revealed its intent to acquire the remaining 33% stake in Hulu, LLC, currently held [more…]
Category: Business
WeWork hits an all-time low as rumors of bankruptcy filing imminent
WeWork, once a poster child for the booming flexible workspace industry, is now grappling with a crisis of epic proportions. As the sun sets on [more…]
Asiana Airlines set to revisit cargo business sale decision
In a significant development, Asiana Airlines Inc., South Korea’s second-largest air carrier, has announced that its board will reconvene this week to deliberate on the [more…]
Mexico’s economic rebound lift its aerospace industry to a new high
In the wake of the COVID-19 pandemic, Mexico’s economic landscape is experiencing a remarkable resurgence, and it’s the manufacturing sector, particularly the aerospace industry, that’s [more…]
Canadian Solar to brighten Indiana with $800 million solar production facility
In a move set to illuminate the future of renewable energy in the United States, Canadian Solar, a prominent solar power product manufacturing company, has [more…]
New all-cargo air route connects China’s Zhejiang and Mexico City, boosting trade and logistics
In a significant milestone for international trade and logistics, a new all-cargo air route was inaugurated on a sunny Sunday morning, connecting Hangzhou, the capital [more…]
Ukraine’s steel sector fights multiple challenges on the road to post-war revival
In the wake of the conflict and ongoing tensions in Ukraine, the steel industry, once a cornerstone of the country’s economy, finds itself grappling with [more…]
Saudi Arabia stays firm, foreign companies must relocate regional HQ by 2024
In a bold and surprising move back in February 2021, the Saudi government sent shock waves through the international business community by announcing that, by [more…]
Shein and Forever 21 unite for a retail dream team
In an unexpected turn of events, two giants in the fashion industry, Shein and Forever 21, have set aside their rivalry to create a co-branded [more…]
EU’s Global Gateway program challenges China’s Belt and Road Initiative with multimillion-dollar deals
Brussels – The European Union (EU) has taken a significant step in its ambition to provide a sustainable alternative to China’s Belt and Road Initiative [more…]