Business
Stay in the know with top-notch business news, market trends, and expert insights for savvy entrepreneurs and investors
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Ingka Group Expands IKEA’s Footprint with Innovative Mall Concept Across the Globe
Ingka Group, the entity overseeing the majority of the world’s IKEA stores, is embarking on an ambitious initiative to expand…
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Ant Group Outbids Citadel for Credit Suisse’s China Venture in Regulatory Limelight
In a surprising turn of events, Ant Group Co., backed by Jack Ma, has outbid Citadel Securities LLC for Credit…
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China’s Electric Vehicles a Looming Threat to the U.S. Auto Industry
China has solidified its position as a global powerhouse in electric vehicles (EVs), with BYD recently surpassing Tesla in global…
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Navigating Global Supply Chain Challenges: The Right Path Forward
In the wake of geopolitical tensions, disruptions from the COVID-19 pandemic, and global conflicts such as the war in Ukraine,…
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JPMorgan CEO Jamie Dimon and Family Sell $150 Million in Bank’s Stock
JPMorgan Chase & Co.’s Chief Executive Officer, Jamie Dimon, and his family have sold $150 million worth of the bank’s…
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The Best Time to Book Air Tickets for Cheaper Prices
Saving money on flights is a universal desire for travelers, and understanding the optimal timing for booking air tickets can…
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Lenovo Ends Five Quarter Losing Streak with $15.7 Billion Revenue
Lenovo, the world’s largest computer producer by volume, reported a revenue of $15.7 billion for the quarter ending Dec. 31,…
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Amazon Denies Plans to Shut Down Freevee, its Ad Supported Streaming App
Contrary to a recent report in Adweek, Amazon has denied any plans to shut down Freevee, its ad-supported streaming application.…
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Reddit Takes Unconventional Approach with IPO, Allowing Moderators to Access Shares Before Public Offering
Reddit, in its recently filed IPO on Thursday, has chosen a nontraditional route by offering a portion of its shares…
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Nvidia Surpasses Expectations with Soaring Earnings
In a stunning quarterly earnings report released on Wednesday, Nvidia revealed a remarkable 265% increase in revenue compared to the…
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Astroscale Launches Mission to Inspect Space Debris
Astroscale Holdings Inc., a Tokyo-based startup, has launched a spacecraft to inspect and survey space debris, a significant step in…
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Record Breaking Year for U.S. Casinos with $66.5 Billion in Winnings in 2023
In a milestone year for the U.S. casino industry, commercial casinos recorded a historic high of $66.5 billion in winnings…
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