Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Walmart Signals Price Hikes Ahead Amid Mounting Tariff Pressure and Rising Costs

U.S. Aviation Boost as $14.5 Billion Etihad Deal Signals Surge in Boeing Exports and Jobs

Trump Unveils Sweeping Order Forcing Deep Cuts in U.S. Drug Prices

Apple Mulls iPhone Price Hike to Offset Rising Costs and Preserve Margins

Samsung Unveils Slimmest Flagship Smartphone in Bold Bid to Outpace Apple

Chegg to Execute 22% Staff Cut as Generative AI Reshapes EdTech Landscape

Burberry to Trim One-Fifth of Global Staff as It Battles Overcapacity and Cost Pressures

Alibaba Revenue Falls Short Amid Consumer Caution, Price Wars and Heavy Investments

Foxconn Downgrades Full-Year Outlook as U.S. Tariff Threat Casts Shadow Over AI Boom

Walmart Confronts Unprecedented Pressure as Trump Demands Price Restraint

Novo Nordisk Should Weigh U.S. Talent Pool as It Seeks Next Chief Executive

Severe $400 Million Cyberattack Loss Forces Coinbase to Reevaluate Strategy and Fortify Defenses

Companies

India’s Struggling Telecom Giant Vodafone Idea Turns to Supreme Court as Debt Burden and Market Pressures Mount

Vodafone Idea, India’s third‑largest telecom operator, has petitioned the Supreme Court for relief after the government refused to waive more than $5 billion in interest and penalties on outstanding dues. The company’s move comes amid a protracted financial crisis driven by a landmark 2019 judicial...

Walmart Confronts Unprecedented Pressure as Trump Demands Price Restraint

President Donald Trump’s recent directive to Walmart—to “eat the tariffs” rather than pass higher import levies on to consumers—has sent shockwaves through the retail industry. With tariffs on Chinese electronics, produce from Latin America and Canada, and a host of everyday essentials still...

Novo Nordisk Should Weigh U.S. Talent Pool as It Seeks Next Chief Executive

As Novo Nordisk embarks on the search for a successor to outgoing CEO Lars Fruergaard Jorgensen, industry insiders argue the Danish pharmaceutical titan should cast its net across the Atlantic. With the United States accounting for more than half of its revenue—driven largely by the blockbuster...

Severe $400 Million Cyberattack Loss Forces Coinbase to Reevaluate Strategy and Fortify Defenses

Coinbase, one of the world’s largest cryptocurrency exchanges, disclosed that a sophisticated cyberattack could cost the company between \$180 million and \$400 million, igniting concerns over its financial resilience, regulatory posture and customer confidence. In a terse regulatory filing on...

U.S. Aviation Boost as $14.5 Billion Etihad Deal Signals Surge in Boeing Exports and Jobs

The White House on May 15 unveiled a landmark commitment by Etihad Airways to purchase 28 wide‐body Boeing aircraft equipped with General Electric engines, a transaction valued at \$14.5 billion that underscores the deepening commercial aerospace ties between the United States and the United Arab...

Alibaba Revenue Falls Short Amid Consumer Caution, Price Wars and Heavy Investments

Alibaba Group Holding Ltd. reported quarterly revenue of 236.45 billion yuan for the fiscal fourth quarter ended March 31, narrowly missing analysts’ consensus estimate of 237.24 billion yuan. The shortfall—though modest in headline terms—underscored deepening challenges facing China’s largest...

Walmart Signals Price Hikes Ahead Amid Mounting Tariff Pressure and Rising Costs

Walmart, the world’s largest retailer, warned investors this week that its famed “Everyday Low Price” pledge is under increasing strain as a barrage of U.S. tariffs and surging operating expenses force the company to reconsider how long it can shield shoppers from higher costs. Speaking alongside...

Foxconn Downgrades Full-Year Outlook as U.S. Tariff Threat Casts Shadow Over AI Boom

Taiwanese contract electronics giant Foxconn has revised down its full-year financial outlook, citing mounting uncertainty over U.S. tariff policies even as the company basks in surging demand for artificial-intelligence server components. The world’s largest electronics assembler—best known for...

Burberry to Trim One-Fifth of Global Staff as It Battles Overcapacity and Cost Pressures

Burberry has announced plans to cut approximately 1,700 positions—around 20 percent of its global workforce—over the next two years as part of a sweeping effort to rein in costs and sharpen its competitive edge. The decision, which follows an in-depth review of the British luxury house’s...

Samsung Unveils Slimmest Flagship Smartphone in Bold Bid to Outpace Apple

Samsung Electronics on Tuesday pulled the wraps off its slimmest-ever flagship device, the Galaxy S25 Edge, as the South Korean tech giant accelerates its premium smartphone race against archrival Apple. Boasting a wafer-thin 5.8 mm profile and cutting-edge artificial intelligence enhancements, the...

Apple Mulls iPhone Price Hike to Offset Rising Costs and Preserve Margins

Apple Inc. is weighing higher prices for its next-generation iPhone lineup as it looks to shore up profit margins amid escalating costs tied to tariffs, supply-chain challenges and shifting manufacturing footprints. While executives remain sensitive to consumer pushback in an increasingly...

Chegg to Execute 22% Staff Cut as Generative AI Reshapes EdTech Landscape

Chegg Inc., once a high-flying provider of textbook rentals, homework help and online tutoring, announced on Monday it will eliminate approximately 22 percent of its global workforce—roughly 248 positions—in a bid to rein in costs and reposition itself amid a seismic shift toward free generative AI...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Walmart Signals Price Hikes Ahead Amid Mounting Tariff Pressure and Rising Costs

U.S. Aviation Boost as $14.5 Billion Etihad Deal Signals Surge in Boeing Exports and Jobs

Trump Unveils Sweeping Order Forcing Deep Cuts in U.S. Drug Prices

Apple Mulls iPhone Price Hike to Offset Rising Costs and Preserve Margins

Samsung Unveils Slimmest Flagship Smartphone in Bold Bid to Outpace Apple

Chegg to Execute 22% Staff Cut as Generative AI Reshapes EdTech Landscape

Burberry to Trim One-Fifth of Global Staff as It Battles Overcapacity and Cost Pressures

Alibaba Revenue Falls Short Amid Consumer Caution, Price Wars and Heavy Investments

Foxconn Downgrades Full-Year Outlook as U.S. Tariff Threat Casts Shadow Over AI Boom

Walmart Confronts Unprecedented Pressure as Trump Demands Price Restraint

Novo Nordisk Should Weigh U.S. Talent Pool as It Seeks Next Chief Executive

Severe $400 Million Cyberattack Loss Forces Coinbase to Reevaluate Strategy and Fortify Defenses

India’s Struggling Telecom Giant Vodafone Idea Turns to Supreme Court as Debt Burden and Market Pressures Mount

Walmart Confronts Unprecedented Pressure as Trump Demands Price Restraint

Novo Nordisk Should Weigh U.S. Talent Pool as It Seeks Next Chief Executive

Severe $400 Million Cyberattack Loss Forces Coinbase to Reevaluate Strategy and Fortify Defenses

U.S. Aviation Boost as $14.5 Billion Etihad Deal Signals Surge in Boeing Exports and Jobs

Alibaba Revenue Falls Short Amid Consumer Caution, Price Wars and Heavy Investments

Walmart Signals Price Hikes Ahead Amid Mounting Tariff Pressure and Rising Costs

Foxconn Downgrades Full-Year Outlook as U.S. Tariff Threat Casts Shadow Over AI Boom

Burberry to Trim One-Fifth of Global Staff as It Battles Overcapacity and Cost Pressures

Samsung Unveils Slimmest Flagship Smartphone in Bold Bid to Outpace Apple

Apple Mulls iPhone Price Hike to Offset Rising Costs and Preserve Margins

Chegg to Execute 22% Staff Cut as Generative AI Reshapes EdTech Landscape

World

WHO Faces Major Budget Cuts: The Impact on Global Health

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

2024: A Year Marked By Escalating Climate Extremes

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million