Under new leadership, Burberry has embarked on an ambitious turnaround plan that is reshaping its operations, product mix and global positioning. Appointed in mid‑2024, CEO Joshua Schulman wasted no time in unveiling “Burberry Forward,” a strategic framework designed to reignite demand, stabilize...

Fast‑fashion powerhouse Shein has chosen to submit its draft prospectus for a Hong Kong initial public offering (IPO) on a confidential basis, departing from the customary public disclosure process in the city’s capital markets. The decision comes as the China‑founded retailer, known for its...

Coinbase’s stunning 43 percent surge in June, which crowned it the best‑performing stock in the S&P 500, marks a watershed moment for the emerging cryptocurrency industry. After making its debut in the benchmark index at the end of May, the leading U.S. crypto exchange has harnessed a perfect...

The Chinese tech giant Xiaomi has struck a decisive blow in the electric-vehicle arena with its newly launched YU7 sport utility vehicle, igniting fierce competition with Tesla’s flagship Model Y. In the first three minutes after orders opened on June 26, Xiaomi reported securing over 200,000 firm...

Tesla has kicked off limited public trials of its long-promised robotaxi service in Austin, Texas, but early footage from invited riders reveals a series of operational missteps and safety gaps. Videos circulating online show the fully driverless Model Y fleet—each equipped with Tesla’s advanced...

Tesla’s dominance in Europe is slipping, with the U.S. electric-vehicle maker seeing its market share halve in just twelve months amid a surge of competition from both established European brands and rapidly expanding Chinese automakers. May registrations of Tesla vehicles across the European...

Tesla this week unveiled its first fleet of fully autonomous robotaxis, marking a milestone in the company’s ambition to revolutionize on-demand mobility. Yet behind the fanfare lie a host of complex challenges that threaten to stall Tesla’s rapid expansion plans. From technical limitations to...

As Prime Day approaches, Amazon is doubling down on its fast-growing premium beauty segment to insulate its marquee shopping event from the fallout of elevated U.S. import duties. By deepening partnerships with high-end cosmetics brands, localizing supply chains and banking on the resilience of...

The U.S. State Department has publicly alleged that Chinese artificial intelligence firm DeepSeek is playing a direct role in bolstering Beijing’s military and intelligence operations while sidestepping American export restrictions on advanced semiconductors. According to a senior U.S. official,...

Eli Lilly is gearing up to unveil pivotal obesity results for its experimental oral GLP-1 receptor agonist, orforglipron, in the third quarter of 2025. Following a compelling Phase 3 diabetes study in which the pill delivered nearly 8 percent average body-weight reductions over 40 weeks, the...

Tesla’s introduction of its long-awaited robotaxi service this week marks a pivotal moment in the evolution of urban transportation. Deploying a small fleet of Model Y vehicles equipped with the automaker’s full self-driving (FSD) software in Austin, Texas, Tesla is finally moving from promise to...