Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns Bath & Body Works, a well-known retailer specializing in personal care and home fragrance products, recently announced its fiscal 2025 forecast, projecting a modest net sales growth of 1 percent to 3 percent. While this prediction indicates some expansion, it falls notably below […]
Inside Coupang’s Tug of War With Farfetch
Inside Coupang’s Tug of War With Farfetch Coupang, the South Korean e-commerce powerhouse, has been locked in a fierce battle with luxury e-tailer Farfetch since acquiring it a year ago. The acquisition was intended to revamp Farfetch’s operations and drive it towards profitability. Recent reports indicate that Coupang’s efforts are indeed yielding results, with Farfetch […]
DeepSeek sparks AI investment surge in China
DeepSeek Sparks AI Investment Surge in China The rise of artificial intelligence (AI) has been nothing short of revolutionary, transforming industries and economies globally. In China, AI technology is rapidly gaining momentum, thanks to innovations like DeepSeek. This cost-effective language model has become a game-changer for Chinese tech stocks, sparking a significant surge in AI […]
Digital Banks Fuel Profitability Growth in Brazil
Brazil’s banking landscape is undergoing a significant transformation, as digital banks drive impressive profitability growth in 2024. Recent data from the central bank’s Financial Stability Report highlights a remarkable rise in return on equity (ROE) across the sector, particularly among digital lenders. The report indicates that the overall ROE for Brazil’s banking sector climbed to […]