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...

Amazon Accelerates Into Tightly Won Cloud Race, Fueling Sharp Stock Surge

Brazil’s Amazon ‘Time Machine’ Tests the Future of Climate as COP30 Nears

Tesla’s Musk’s Political Turn Costs Tesla Over a Million EV Sales as Brand Image Fractures

Toyota’s Clarification on US Investments Highlights the Fine Line Between Political Optics and Corporate Strategy

Nvidia’s Ascent to Nearly a $5 Trillion Valuation: The Mechanics and Implications

Global Snacking Giant Mondelez Cuts Profit Outlook as Cost Pressures and Health Shifts Bite

China Commits to One-Year Rare Earth Export Flow as Trump Declares Issue “Settled”

Rare Earth Elements: The Hidden Backbone of Modern Industry and Geopolitics

OpenAI’s Trillion-Dollar IPO Plan Exposes the New Economics of Artificial Intelligence Power

Netflix Executes Strategic Move to Explore Acquisition of Warner Bros Discovery Studio and Streaming Assets

Meta Embarks on Record $30 Billion Bond Sale to Power Sweeping AI Expansion

Companies

Analysts Predict Apple Will Encounter Tepid Demand In China Following A Dip In Quarterly Revenue

Some analysts warned on Friday that Apple should brace for a drop in Chinese demand as shoppers cut down on spending in anaemic conditions, following the iPhone maker's announcement that demand had risen in mid-June after COVID-19 lockdowns impeded sales. The iPhone maker announced a 1 per...

Rio Tinto Reduces Dividend As Profits Fall; Shares Fall

Rio Tinto announced a 29 per cent decline in first-half profit and reduced its dividend for more than half on Wednesday, as the global mining giant was affected by lower iron ore prices owing to cooling demand from major client China, rising expenses, and labour shortages. It is...

SPAR, A Dutch Retailer, Will Join The Israeli Market Amid Rising Living Costs

Amit Zeev, an Israeli businessman, claimed he has signed a preliminary agreement to bring the Dutch grocery retail chain SPAR to Israel, which would increase competition and potentially cut food prices, which have risen in recent months. Zeev was previously the CEO of Yeinot Bitan, one of...

Orange And MasMovil Have Agreed To A $19 Billion Merger In Spain

Orange and MasMovil have reached a contractual agreement to consolidate their businesses in Spain in a deal valued at close to $19 billion, the two telecom companies announced on Saturday. The combination establishes a mobile and broadband heavyweight, posing a challenge to top competitor...

Child Labour Was Used At A Factory Of A Subsidiary Of Hyundai In The US

According to regional police of Montgomery, Alabama, the family of three minor workers, and eight former and present employees of the facility, a subsidiary of Hyundai Motor Co exploited child labour at a company that supplies parts for the Korean carmaker's assembly line in the...

Snap's Study Destroys An Ad Sector Market Valuation Of $80 Billion

On Thursday, the combined stock market value of Facebook-owned Meta Platforms, Alphabet-owned Google, and other firms that sell online advertisements fell by approximately $80 billion after Snap reported weak quarterly results and warned of an uncertain outlook. The Snapchat owner failed...

Amazon Strides Into US Healthcare Sector With A $3.5 Bln Deal For One Medical

Amazon.com Inc agreed to pay $3.49 billion for primary care provider One Medical, expanding the e-commerce giant's virtual healthcare and adding brick-and-mortar doctors' clinics for the first time. The all-cash transaction would unite two relatively modest players as Amazon continues its...

ASML's Profit Improves Due To Record Bookings In The Semiconductor Industry

ASML Holding NV reported increased second-quarter net profit on Wednesday on record new bookings as it continued to deploy equipment to clients as quickly as possible despite signs of a downturn in consumer markets. The Dutch firm, a key supplier to computer chip makers, posted a net...

Tesla Is Bracing For A Drop In Earnings, But The EV Delivery Projection Remains Critical

The stresses of China's COVID-19 lockdown and postponed installation of new facilities are expected to show up in Tesla Inc's second-quarter results on Wednesday. Investors want to know if the year will end on a high note. Tesla has begun layoffs, as planned by CEO Elon Musk, who stated in...

Twitter Asserts Musk Is 'slow-Walking' Through His $44 Billion Deal Trial

According to a court filing, Twitter Inc accused Elon Musk of attempting to "slow walk" the company's case to make him accountable for his $44 billion takeover and demanded a September trial to ensure deal financing remains in place. "Millions of Twitter shares trade daily under a cloud of...

Didi To Be Fined Over $1 Billion For Data Breach In China: Reports

According to persons familiar with the situation, Chinese authorities are planning to punish Didi Global more than $1 billion, putting an end to an investigation into the firm's cybersecurity procedures. According to the sources, the fine would be over 8 billion yuan ($1.28 billion),...

Goldman's Earnings Reduced By Half But Still Exceeds Expectations As Fixed-Income Trading Shines

Goldman Sachs Group Inc reported a smaller-than-expected 48 per cent drop in second-quarter earnings on Monday, buoyed by gains in fixed-income trading as investors realigned their bets despite volatile market conditions. The global markets unit, which includes Goldman's trading desks,...

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?

Amazon Accelerates Into Tightly Won Cloud Race, Fueling Sharp Stock Surge

Brazil’s Amazon ‘Time Machine’ Tests the Future of Climate as COP30 Nears

Tesla’s Musk’s Political Turn Costs Tesla Over a Million EV Sales as Brand Image Fractures

Toyota’s Clarification on US Investments Highlights the Fine Line Between Political Optics and Corporate Strategy

Nvidia’s Ascent to Nearly a $5 Trillion Valuation: The Mechanics and Implications

Global Snacking Giant Mondelez Cuts Profit Outlook as Cost Pressures and Health Shifts Bite

China Commits to One-Year Rare Earth Export Flow as Trump Declares Issue “Settled”

Rare Earth Elements: The Hidden Backbone of Modern Industry and Geopolitics

OpenAI’s Trillion-Dollar IPO Plan Exposes the New Economics of Artificial Intelligence Power

Netflix Executes Strategic Move to Explore Acquisition of Warner Bros Discovery Studio and Streaming Assets

Meta Embarks on Record $30 Billion Bond Sale to Power Sweeping AI Expansion

Analysts Predict Apple Will Encounter Tepid Demand In China Following A Dip In Quarterly Revenue

Rio Tinto Reduces Dividend As Profits Fall; Shares Fall

SPAR, A Dutch Retailer, Will Join The Israeli Market Amid Rising Living Costs

Orange And MasMovil Have Agreed To A $19 Billion Merger In Spain

Child Labour Was Used At A Factory Of A Subsidiary Of Hyundai In The US

Snap's Study Destroys An Ad Sector Market Valuation Of $80 Billion

Amazon Strides Into US Healthcare Sector With A $3.5 Bln Deal For One Medical

ASML's Profit Improves Due To Record Bookings In The Semiconductor Industry

Tesla Is Bracing For A Drop In Earnings, But The EV Delivery Projection Remains Critical

Twitter Asserts Musk Is 'slow-Walking' Through His $44 Billion Deal Trial

Didi To Be Fined Over $1 Billion For Data Breach In China: Reports

Goldman's Earnings Reduced By Half But Still Exceeds Expectations As Fixed-Income Trading Shines

World

Brazil’s Amazon ‘Time Machine’ Tests the Future of Climate as COP30 Nears

Europe’s Strategic Break-with-China: How the EU Is Rewiring Its Industrial Core to Escape Beijing’s Grip on Rare Earths

Trump Issues Firm Warning to Russia in Lead-Up to High-Stakes Summit

Why the White House Moved to Slash Thousands of Federal Jobs During the Shutdown

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist

People

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

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