On Monday, the Swiss National Bank revealed a substantial annual loss of 3.2 billion Swiss francs ($3.62 billion). The loss was attributed to the significant cost…
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On Thursday, Volkswagen and Chinese electric vehicle (EV) partner XPeng announced their first collaboration. They will jointly source parts to develop an SUV. Announcing a “master…
On Friday, the embattled payments firm announced that Paytm and its payments bank unit have mutually agreed to terminate various inter-company agreements. This decision aims to…
On Monday, Asian shares fell short of seven-month highs. Investors are awaiting inflation data from the United States, Japan, and Europe, which will help refine expectations…
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…
On Wednesday, Canada’s main stock index closed slightly higher as industrial and technology shares rose. However, the upward movement was limited, anticipating the release of domestic…
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, UBS (UBSG.S) announced the completion of the first phase of integrating its fallen rival, Credit Suisse. The bank is currently benefiting from net new…
Paytm (PAYT.NS) shares fell 10% to a near-record low on Monday, extending a slide that began last week in response to a regulatory crackdown on the…
Elon Musk, the CEO of Tesla Inc., sold 22 million shares in the electric vehicle manufacturer this week for a total value of $3.58 billion, according…