Prada’s leading shareholder, Patrizio Bertelli, stated he was “very cautious” about making acquisitions. However, he added that the group is ready to look at potential opportunities.…
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Chinese electric vehicle maker BYD announced on Tuesday that it raised $5.59 billion through a primary share sale, which was expanded in size, making it the…
The Airbnb Community Fund will distribute $100 million to communities by the end of 2030. In the Fund’s fourth year, over 160 organizations across 30+countries will…
Porsche, the luxury carmaker (P911_p.DE), replaced its CFO and head of sales on Wednesday, appointing two company veterans as part of a board reshuffle aimed at…
Alibaba’s shares opened 10% higher in Hong Kong on Friday, reaching their highest level in over three years. This surge followed the company’s report of third-quarter…
Target was sued on Thursday by the state of Florida for allegedly hiding the risks associated with its diversity and social initiatives. The lawsuit claims these…
Chinese technology company Lenovo reported a 20% increase in third-quarter revenue on Thursday, signaling modest recovery in the global personal computer industry. For the quarter ending…
Mercedes-Benz’s passenger car division reported a 40.5% decrease in annual earnings on Thursday. The automaker also stated that it anticipates significantly lower earnings in 2025 as…
Tesla, led by Elon Musk, is looking to hire senior staff in India, as indicated by job advertisements posted this week. This move signals progress in…
Ford Motor Company announced on Wednesday that it expects losses of up to $5.5 billion from its electric vehicle and software operations this year. This loss…