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Growing Hostilities In The Middle East Are A New Shock To Global Markets

This Week's Tech Earnings Explosion Highlights The Mounting Issues At Google And Tesla

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Trades In Bitcoin Ignore "Halving" In Favor Of More Significant Market Dangers

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

TikTok Divesting Or Ban Bill Passed By US Senate; Biden Will Sign It Into Law

Due To Concerns About Its Growth And Product Strategy, Tesla Is Anticipated To Report A Smaller Profit Margin

Tesla Abandons The All-New Model 2 In Favour Of "More Affordable" Vehicles

UBS Predicts The Big Six Internet Giants' Profit Momentum Will "Collapse" By 2024

Tesla Lowers Pricing After US Cutbacks In China, Germany, And Other Countries

Microsoft Surpasses Wall Street Expectations Thanks To Its Investment In AI

Google's Parent Company Declares Its First-Ever Dividend; Sales And Profit Exceed Expectations; Shares Rise

Companies
Chinese TikTok Vendors Bemoan The Platform's Increased Adherence To US Regulations, Citing Undermining

Chinese TikTok Vendors Bemoan The Platform's Increased Adherence To US Regulations, Citing Undermining

Chinese e-commerce vendors are dissatisfied with actions they claim the short video app has taken to tighten enforcement of its regulations for foreign sellers launching stores on the platform. These vendors want to sell their goods on TikTok Shop in the United States as an alternative to Amazon....
Trump's Media Business Made A Great Wall Street Debut, Valued At About $8 Billion

Trump's Media Business Made A Great Wall Street Debut, Valued At About $8 Billion

In their Nasdaq launch, shares of Donald Trump's Trump Media & Technology Group shot up as much as 59%, spurred on by the former US president's fans and offering him a possible windfall as he struggles with the expenses of many legal challenges.   TMTG's market capitalization exceeded...
Google, And Apple Breakups Are On The Table As Global Regulators Tackle Technology Sector

Google, And Apple Breakups Are On The Table As Global Regulators Tackle Technology Sector

As antitrust authorities on both sides of the Atlantic hammer down on alleged anti-competitive activities that could lead to break-up orders for Apple and Alphabet's Google, a first for the sector, Big Tech is facing its toughest threat in decades.   This might then encourage watchdogs...
Investors Fear For Nike's Relevancy As The Company Loses Market Share

Investors Fear For Nike's Relevancy As The Company Loses Market Share

Nike has depended more and more on its recognisable basketball shoes to increase sales, but some analysts and investors are questioning whether this is the right move as the sportswear behemoth loses market share to more recent companies.   Following a post-earnings conference call when...
Reddit's Stock Closes The Market Debut With A 48% Rise

Reddit's Stock Closes The Market Debut With A 48% Rise

Reddit's stock surged 48% on its first day of trading in New York, indicating a potential rebound in investor interest in initial public offerings (IPOs) of profitable but promising businesses.   Reddit, which deceived investors by portraying its material as a training environment for...
Google Faces A Fine Of 250 Million Euros From The French Competition Authority

Google Faces A Fine Of 250 Million Euros From The French Competition Authority

Citing worries about the tech giant Google’s AI service, France's competition authority announced on Wednesday that it has fined Alphabet's Google 250 million euros ($271.73 million) for violations of EU intellectual property laws in its dealings with media publishers.   The watchdog claimed...
Tencent Of China Reports Poor Revenue Growth And Intends To Quadruple Buybacks

Tencent Of China Reports Poor Revenue Growth And Intends To Quadruple Buybacks

With its gaming revenue declining, Chines tech company Tencent Holdings reported a less impressive-than-expected 7% increase in fourth-quarter revenue on Wednesday. The company also stated that it planned to at least treble its share buybacks this year.   For the three months that...
Xiaomi Reports An 11% Increase In Revenue Thanks To Robust Smartphone Sales

Xiaomi Reports An 11% Increase In Revenue Thanks To Robust Smartphone Sales

With the industry starting to recover, Xiaomi, a Chinese company, announced a 10.9% increase in revenue for the fourth quarter and exceeded projections for adjusted net profit thanks to robust smartphone sales.   According to LSEG data, revenue for the October–December quarter increased to...
To Save Expenses, Unilever Will Split Off Its Ice Cream Division And Eliminate 7,500 Jobs

To Save Expenses, Unilever Will Split Off Its Ice Cream Division And Eliminate 7,500 Jobs

In a fresh cost-cutting initiative, Unilever announced on Tuesday that it would spin off its ice cream division, which is home to well-known brands like Magnum and Ben & Jerry's, and eliminate 7,500 jobs.   The idea was well received by investors, who at one time drove shares of...
What Is Known About The Chinese Owner Of The Platform TikTok

What Is Known About The Chinese Owner Of The Platform TikTok

In the biggest threat to the app since the Trump administration, the U.S. House of Representatives easily passed a bill this week that would give ByteDance, the Chinese company that owns TikTok, roughly six months to sell off the U.S. assets of the short video app or risk being banned.  ...
Apple Supplier Foxconn Is Optimistic About 2024 And Notes A Significant Demand For AI Servers

Apple Supplier Foxconn Is Optimistic About 2024 And Notes A Significant Demand For AI Servers

Foxconn, the Apple supplier and contract manufacturer, announced on Thursday that it anticipated a sharp increase in income this year due to the surge in demand for artificial intelligence servers. This is a significantly more optimistic outlook than it had previously held.   The...
With No Other Options, Airlines Attempt To Make The Best Out Of Boeing's Problems

With No Other Options, Airlines Attempt To Make The Best Out Of Boeing's Problems

The safety problem at Boeing has upset airline officials, and they are furious. But they are forced to work with the American planemaker in a competitive market for large planes provided by two companies.   Carriers are still in the process of negotiating new plane purchases, hoping to take...
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World

Global Warming Causes The First 12-Month Period Above 1.5C

Global Warming Causes The First 12-Month Period Above 1.5C
According to the European Union's climate change monitoring service, the world just had its warmest January on record, making it the first 12-month period in which average temperatures were more than...

2023 Was The Second-Warmest Year Ever For The UK

2023 Was The Second-Warmest Year Ever For The UK
The national weather service of the United Kingdom, Met Office, announced that 2023 was the second-warmest year on record for Britain. This finding highlights the increasing influence of human-caused...

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels
On the last day of the global conference, the proposed language for a COP28 climate agreement that does not call for the phase-out of fossil fuels has come under heavy fire from influential figures,...

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds
Brazil has joined a potential agreement supported by the United Arab Emirates, the United States, and the European Union to treble the amount of renewable energy produced globally by 2030 and move...

The Rise of India and the Decarbonisation of its Economy

The Rise of India and the Decarbonisation of its Economy
Ranked 14th in the world for gas consumption in 2022, with a growing dependence on imports, India plans to further increase its use of LNG. This appetite stems from both the economic development of...

People

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

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

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

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues
Employees in Asia are under "significant mental health strain," with 82% at moderate to high risk of being depressed.   According to a recent study by insurance broker Aon and TELUS Health,...

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail
On Thursday, FTX founder Sam Bankman-Fried agreed to a bail deal that would see him released on a $250 million bond secured against his parents' property, with movement restrictions.  ...

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool
Less than two months after taking over as CEO of the social media platform, Elon Musk faced backlash from Twitter users who voted in a poll for him to resign.   According to the poll the...