Siemens Energy fortifies finances with a 7.5 billion government support
In a surprising turn of events, Siemens Energy, a major player in the energy sector, has secured a substantial 7.5 billion euros ($8.15 billion) in [more…]
Target bucks retail trends, beats expectations despite sales slump
In a surprising turn of events, Target managed to surpass Wall Street’s sales expectations and exceeded earnings estimates for the third quarter, sending its shares [more…]
Snap’s strategic partnership with Amazon to boost in-app shopping
In a move set to reshape the e-commerce landscape, Snap Inc.’s shares experienced an 8% surge on Tuesday following the confirmation of a groundbreaking deal [more…]
Airbnb expands its A.I. arsenal with acquisition of GamePlanner.AI
In a move that underlines the growing influence of artificial intelligence in the tech industry, Airbnb has announced the acquisition of GamePlanner.AI, a 12-person startup [more…]
Private equity firms confront a $1.5 trillion quandary in China
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…]
Bridgewater’s strategic portfolio shift in China
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…]
A ripple effect in Hong Kong’s crypto market as BitgetX abandon its license plan
In a surprising turn of events, cryptocurrency trading platform BitgetX has decided to abandon its plans to secure a Virtual Asset Trading Platform (VATP) license [more…]
Fisker faces storm as financial woes unveiled
In a startling turn of events, electric vehicle startup Fisker is grappling with a significant decline in premarket trading following a disappointing earnings report and [more…]
Standard Chartered’s Libeara Pioneers Tokenization of Financial Instruments in Asia
In a bold move to establish a significant presence in the rapidly evolving Asian digital assets space, Standard Chartered’s venture arm has introduced a groundbreaking [more…]
China’s Belt and Road Initiative faces challenges as debt crisis looms
In a groundbreaking report released this week, China has emerged as the world’s largest debt collector, owed more than a trillion dollars through its ambitious [more…]
