On Thursday, Nike (NKE.N) announced that it will cut approximately 2% of its total workforce, or more than 1,600 jobs. This decision comes as the sportswear…
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Pfizer (PFE.N) has agreed to pay $93 million to settle antitrust claims filed by wholesale drug distributors. The distributors accused Pfizer of conspiring with India’s Ranbaxy…
Airbnb (ABNB.O) raised its first-quarter revenue forecast on Tuesday, citing strong cross-border travel and longer-duration bookings.This year, with the improvement of global air connectivity, international travel…
BYD Co Ltd from China will open a new electric vehicle (EV) factory in Mexico, according to Nikkei. The EV maker aims to create an export…
On Monday, Paytm (PAYT.NS) confirmed media reports regarding the resignation of an independent director at its banking arm. The Indian fintech company acknowledged the departure at its banking…
On Thursday, a congressional report revealed that Sequoia Capital China, Qualcomm Ventures, and three other venture capital firms actively invested at least $3 billion in Chinese…
Baidu (9888.HK) has partnered with Lenovo to integrate its generative artificial intelligence (AI) technology onto Lenovo smartphones. This collaboration signifies Baidu’s ongoing efforts to explore practical…
On Wednesday, Walt Disney (DIS.N) CEO Bob Iger responded to activist investors with a series of announcements. These included a sizable investment in “Fortnite” creator Epic…
On Tuesday, Fox Corp, Walt Disney’s ESPN, and Warner Bros Discovery jointly announced that they will launch a sports streaming service later this autumn. The aim…
On Wednesday, Toyota Motor (7203.T) shares reached a record high, driven by an earnings boost the day before. Rivals Honda and Nissan also experienced gains as…