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New Framework Reached for TikTok Ownership Signals Turning Point in U.S.–China Trade Tensions

U.S. and Chinese officials have agreed on a framework to shift TikTok’s control to U.S. hands, in a deal that treads the delicate line between national security, data protection, and cross-border trade diplomacy. The pact, reached in Madrid after intensive negotiations, is set for finalization in a...

UK’s Sainsbury’s Seeks JD.com Partnership for Argos to Speed Digital Shift and Expand UK Reach

Sainsbury’s has confirmed early-stage talks to sell Argos, the general merchandise arm it acquired in 2016, to Chinese e-commerce giant JD.com in a move designed to accelerate Argos’s digital and logistics transformation and sharpen Sainsbury’s focus on groceries. The supermarket group said any...

Armani’s final will forces a staged transfer of power — and could redraw luxury’s map

Giorgio Armani’s will has converted decades of absolute founder control into a tightly choreographed succession plan that effectively compels heirs to put significant chunks of the fashion house on the market or otherwise take it public. The provisions — which call for an initial minority sale...

Hyundai warns prolonged restart for Georgia battery plant as diplomatic fallout unfolds

Why Hyundai says restarting will take months   Hyundai Motor senior executives say the shutdown triggered by a sweeping U.S. immigration enforcement action will not be a brief interruption but a multi-month process to bring the Georgia battery plant back to operational readiness. Company...

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Hundreds of workers, mostly South Korean nationals, detained during a sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia are now being released and flown home, following legal reviews and diplomatic pressure. The arrests, which numbered about 475, sparked concern over whether...

Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Oracle’s shares have surged in recent trading, pushing the company within striking distance of a $1 trillion market valuation as investors recalibrate the enterprise software giant’s role in the fast-growing artificial intelligence infrastructure market. The rally has been driven by a string of...

Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

Apple’s announcement of the iPhone Air — the company’s thinnest handset to date — has prompted widespread analyst commentary that frames the device as a potential design victory for the tech giant. Observers say the Air’s insistence on slenderness, premium materials and system-level engineering...

Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Workers warned companies about risky visas before the Georgia raid, officials and lawyers say, a claim that adds new scrutiny to how South Korean firms staff high-tech U.S. projects and the diplomatic fallout after the largest single-site enforcement action in Homeland Security history.  ...

BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

BMW has unveiled a bold new growth strategy centered on the all-electric Neue Klasse platform, aimed at redefining its product line, strengthening profits, and asserting competitiveness in a cutthroat global market. This approach emphasizes electrification, digital innovation, and...

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

World Liberty Financial’s WLFI token opened public trading this week with a burst of attention — and then a sharp pullback. The token, created by the Trump family’s World Liberty venture as a governance and utility instrument, initially fetched strong bids on major exchanges but ended its first...

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Nestlé abruptly dismissed Chief Executive Laurent Freixe on Monday after an internal review concluded he breached the company’s code of conduct by failing to disclose a romantic relationship with a direct subordinate. The Swiss food group moved swiftly to replace him, elevating longtime executive...

China’s BYD feels the burn: how China’s EV price war ate into margins and profits

China’s electric-vehicle champion BYD reported a sudden and painful squeeze on profitability this quarter as an accelerating price war at home forced the company into heavy discounting, dealer incentives and margin concessions. Once the poster child of China’s EV boom, BYD’s second-quarter results...
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