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...

Nuclear and Asset Disputes Test US-Iran Truce

Expectations and Momentum Drive SpaceX's Market Debut

Meta Sees Wearables as the Future of AI Access

AI Is Rewriting the Rules of Online Search and Threatening Google’s Dominance

Rising AI Costs Meet Higher-Rate Reality

Heineken Faces Changing Economics of Beer Consumption

AI Memory Boom Forces Apple to Raise Device Prices

New Priorities Set to Reshape Inherited Wealth

Immigration Drives Productivity Across Wealthy Economies

Nasdaq Rule Changes Accelerate Passive Investment in SpaceX

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks

Apple Challenges India’s Antitrust Process Over Investigative Methods**

Companies

Citigroup Will Sell Its Consumer Wealth Business In China To HSBC

Citigroup Inc announced on Monday that it has agreed to sell its China consumer wealth portfolio to Asia-focused HSBC Holdings Plc, which includes clients, assets under management (AUM), and deposits. The transaction will cover approximately $3.6 billion in deposits and investment AUMs and...

Walmart And Softbank Are Both Interested In The Huge AI And Robotics Idea

When Arm Holdings, the semiconductor company that enables artificial intelligence, went public this month, venture capital juggernaut Softbank realised a profit of more than $15 billion on its 2016 acquisition of Arm Holdings. But fewer investors are aware of Softbank's "other"...

Customers Of FTX Are Still Dealing With The Collapse Of The Crypto Platform

Lee Rees, 43, a cryptocurrency trader located in London, made a nice income off of momentary price variations in the crypto market on a select few exchanges, one of which was FTX. Rees lost $100,000, or roughly half of his annual income, when FTX crashed last year. "It affected my...

Exxon Is In Advanced Negotiations To Acquire Pioneer For $60 Billion – Reports

Exxon Mobil and Pioneer Natural Resources are in advanced negotiations for a merger that would value the Permian shale basin producer at around $60 billion, according to people familiar with the situation. The acquisition would increase Exxon's presence in one of the most lucrative areas...

UK Regulator Requests An Antitrust Investigation Into Amazon And Microsoft's Domination Of The Cloud

The UK's media regulator on Thursday requested an investigation into the dominance of Microsoft and Amazon in the UK cloud industry by the nation's antitrust authorities. Ofcom claimed to have found characteristics that made it more challenging for UK enterprises to work with numerous...

Verdict Of $223.8 Million Against J&J In The Talc Cancer Lawsuit Overturned By The Court

Earlier this week, , a New Jersey appeals court overturned a jury's $223.8 million judgement against Johnson & Johnson in favour of four plaintiffs who contended that exposure to asbestos in the business's talc powder products caused them to acquire cancer. A lower court judge should...

SAS Falls 95%, Wiping Out The Stockholders Of The Scandinavian Airline

After the airline announced a financial restructuring on Tuesday to avoid bankruptcy, enlisting significant new investors and wiping out the stakes of its more than 250,000 owners, SAS shares plunged by as much as 95% on Wednesday. Midway through 2022, the largest carrier in Scandinavia...

A Marketing Firm Has Filed A Trademark Complaint Against Elon Musk's X

A legal-marketing firm filed a lawsuit against X Corp, formerly known as Twitter, in federal court in Florida on Monday, alleging that the social media giant's new name violates its trademark featuring the letter "X." According to the complaint filed by X Social Media, Elon Musk's X Corp,...

Apple Will Release A Software Upgrade To Address Complaints About The iPhone 15 Getting Too Hot

Apple has announced that it will deliver a software update to address customer complaints about the newest iPhone 15 models' tendency to overheat, which were released less than a week ago. Apple claimed that a mix of problems in iOS 17, bugs in apps, and a brief setup period were to blame...

Expected Reduction In Tesla Deliveries Due To Factory Closures And Weak Demand

Several Wall Street analysts cautioned in the lead-up to the report that could come as early as Sunday that Tesla may miss projections for third-quarter deliveries owing to planned manufacturing shutdowns and lacklustre demand that caused the automaker to hike discounts. Brokerages such as...

The Founder Of Evergrande Is One Of Several Chinese Businessmen Being Looked Into And Detained

The founder of China Evergrande, the most indebted real estate developer in the world, is under investigation for "illegal crimes," which presents a new obstacle for the tycoon and his troubled business as it tries to survive. Since Chinese President Xi Jinping assumed office in 2012, Hui...

OpenAI Claims Users Of ChatGPT Would Now Be Able To Access The Internet

The web will now be accessible to ChatGPT users, according to Microsoft-backed OpenAI, extending the data the popular chatbot may access past its original September 2021 limit. According to the artificial intelligence startup, ChatGPT's most recent browsing feature will let websites manage...

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?

Nuclear and Asset Disputes Test US-Iran Truce

Expectations and Momentum Drive SpaceX's Market Debut

Meta Sees Wearables as the Future of AI Access

AI Is Rewriting the Rules of Online Search and Threatening Google’s Dominance

Rising AI Costs Meet Higher-Rate Reality

Heineken Faces Changing Economics of Beer Consumption

AI Memory Boom Forces Apple to Raise Device Prices

New Priorities Set to Reshape Inherited Wealth

Immigration Drives Productivity Across Wealthy Economies

Nasdaq Rule Changes Accelerate Passive Investment in SpaceX

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks

Apple Challenges India’s Antitrust Process Over Investigative Methods**

Citigroup Will Sell Its Consumer Wealth Business In China To HSBC

Walmart And Softbank Are Both Interested In The Huge AI And Robotics Idea

Customers Of FTX Are Still Dealing With The Collapse Of The Crypto Platform

Exxon Is In Advanced Negotiations To Acquire Pioneer For $60 Billion – Reports

UK Regulator Requests An Antitrust Investigation Into Amazon And Microsoft's Domination Of The Cloud

Verdict Of $223.8 Million Against J&J In The Talc Cancer Lawsuit Overturned By The Court

SAS Falls 95%, Wiping Out The Stockholders Of The Scandinavian Airline

A Marketing Firm Has Filed A Trademark Complaint Against Elon Musk's X

Apple Will Release A Software Upgrade To Address Complaints About The iPhone 15 Getting Too Hot

Expected Reduction In Tesla Deliveries Due To Factory Closures And Weak Demand

The Founder Of Evergrande Is One Of Several Chinese Businessmen Being Looked Into And Detained

OpenAI Claims Users Of ChatGPT Would Now Be Able To Access The Internet

World

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks

Nuclear and Asset Disputes Test US-Iran Truce

Heat Dome Intensifies Europe’s Early Summer Challenge

Hezbollah’s Role Emerges as Key Obstacle to Broader Middle East Ceasefire Efforts**

El Nino's Global Reach Tests Weather, Food and Energy Systems

People

Fiscal Signals and Social Engineering Shape China’s New Push to Reverse Demographic Decline

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