Lululemon’s growth stumbles in North America, despite strong international performance
In a world where yoga pants double as casual wear and performance sneakers are the new status symbol, Lululemon has long reigned supreme. But even [more…]
PetroChina to receive Venezuelan oil shipment
In a noteworthy development, PetroChina Co. is poised to receive a shipment of Venezuelan oil, marking a significant shift in its sourcing strategies. The cargo, [more…]
Asian airlines flock to Airbus, a blow to Boeing
In a turn of events, Airbus has secured orders for 65 jets from two major Asian carriers, dealing a significant blow to its U.S. rival [more…]
Greece boosts wildfire defenses with Canadian aircraft deal
In a bid to bolster its wildfire defense capabilities, Greece has approved the purchase of seven firefighting aircraft from Canada, marking a significant step in [more…]
Norway’s first offshore wind farm to be developed by Japanese consortium
In a bid that marks a significant step towards Norway’s renewable energy ambitions, a consortium led by two Japanese power companies has secured the rights [more…]
U.S. chip giants take a back seat at this year’s Semicon China
As the ongoing tech war between China and the United States intensifies, this year’s Semicon China, one of the semiconductor industry’s largest events, is showcasing [more…]
Zomato’s ‘Pure Veg’ fleet decision sparks controversy and backlash, forces company to reverse course
In a recent turn of events, food delivery app Zomato faced backlash over its decision to introduce a dedicated fleet of green vehicles exclusively for [more…]
Reddit goes public raises $519 million in its NYSE debut
Reddit, the venerable online forum site where memes are born and debates rage, has finally taken its stock public. The company’s IPO, priced at $34 [more…]
Shohei Ohtani plays through scandal as Dodgers fire longtime interpreter amid embezzlement and gambling debts allegations
In a twist of fate, Shohei Ohtani found himself thrust into the spotlight on a Thursday night, not for his extraordinary baseball skills, but for [more…]
Turkish Lira surges as central bank’s surprise rate hike signals tough stance on inflation
In a aggressive move, Turkey’s central bank raised interest rates by a substantial 500 basis points to 50% on Thursday, citing a worsening inflation outlook. [more…]