Massive 18M Tons of Lithium Worth $540B Unearthed in US, Could Reduce China’s Grip With the demand for lithium soaring, the U.S. government is taking action. In a recent development, a staggering 18 million tons of lithium deposits have been unearthed in the United States. This discovery is not only significant in terms of quantity […]
Microsoft invests $2.2 billion in Malaysian cloud expansion
Microsoft Invests $2.2 Billion in Malaysian Cloud Expansion Microsoft is making significant strides in expanding its cloud services in Malaysia with a whopping $2.2 billion investment. The tech giant’s move to launch three new data centers in Kuala Lumpur marks a pivotal moment in its commitment to bolstering Malaysia’s position as a key player in […]
Apparel Retailer Guess Gets Take-Private Offer From WHP Global
Guess Receives Take-Private Offer From WHP Global: What This Means for the Apparel Retailer Guess, the renowned apparel retailer, recently found itself in the spotlight as it received a take-private offer from WHP Global. The news sent shockwaves through the industry, with Guess shares surging over 30 percent in early trading on Monday. This unexpected […]
Mango Adapting to US Tariffs, CEO Says
Mango CEO Toni Ruiz Stands Firm Against US Tariffs, Vows to Maintain Prices Mango, the renowned Spanish fashion retailer, is facing the heat of the US tariffs. However, CEO Toni Ruiz has boldly declared that the company has no intention of raising prices to counteract the tariff effects. This strategic decision, although potentially detrimental to […]
Colombian lawmakers push for crypto regulations
Colombian Lawmakers Advocate for Crypto Regulations to Combat Financial Crimes Colombia, known for its vibrant culture and stunning landscapes, is also making waves in the world of cryptocurrency. With over five million Colombians currently involved in crypto transactions and a projected market value of $6.7 billion by 2024, the need for regulatory measures has never […]
TikTok lays off staff in trust and safety restructuring
TikTok Lays Off Staff in Trust and Safety Restructuring TikTok, the popular Chinese-owned social media platform, has recently made headlines with its decision to lay off staff as part of a restructuring of its trust and safety teams. This move comes at a time when there is growing uncertainty surrounding the future of Chinese social […]
Shiseido Profits Plummet 73% on Weak China Demand
Shiseido Profits Plummet 73% on Weak China Demand Shiseido, the renowned Japanese owner of popular beauty brands like Nars and Drunk Elephant, has recently been hit hard by a significant drop in profits. The company reported a staggering 73% decrease in its earnings, attributing this sharp decline to weak consumer demand in China. This downturn […]
China targets US companies with new tariffs
China’s Retaliatory Tariffs: A Strategic Move Against US Companies As the trade war between the United States and China continues to escalate, the latest move by the Chinese government involves targeting US companies with new tariffs. This retaliatory measure is seen as a strategic tactic to not only hit back at the US but also […]