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Author: admin

03Dec

Tesla’s China-made electric vehicle sales rose 9.9% in November

Tesla's China-made electric vehicle sales rose 9.9% in November from a year earlier, as the U.S. automaker grapples with intense competition in China and Europe. Sales of Model 3 and…
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03Dec

The Baldwin Group to acquire CAC Group in $1.03 billion deal

The Baldwin Group said on Tuesday it will buy rival insurance broker CAC Group in a $1.03 billion cash-and-stock deal, adding to a string of mergers in recent years as…
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02Dec

Inflation, Trade Wars And The New Multipolar Economy

The global business atmosphere in 2025 is all about power shifting, wallets tightening, and markets splitting into multiple centers of influence. If the 2010s were about globalisation, and early 2020s…
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02Dec

Amazon cuts seller fees in Europe, counters Shein and Temu competition

Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces like Shein and Temu that sell clothes, homeware and gadgets at rock-bottom prices. The…
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02Dec

Samsung launches its first multi-folding phone 

Samsung Electronics on Monday announced the launch of its first multi-folding smartphone as it races to keep pace with innovations from fast-moving rivals. The long-anticipated “Galaxy Z TriFold” will go…
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02Dec

Prada completes Versace takeover after long courtship

Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it had long coveted. Prada signed a definitive agreement in…
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02Dec

Marvell in advanced talks to acquire Celestial AI in multi-billion dollar deal, The Information says

U.S. chipmaker Marvell Technology is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal worth multiple billions of dollars, the Information reported on Monday, citing people…
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02Dec

AI could increase divide between rich and poor states, UN report warns

Artificial Intelligence could widen gaps between developed and developing countries, a U.N. report said on Tuesday, calling for policy measures to limit the impact. The report by the United Nations…
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02Dec

Costco sues U.S. govt, seeks tariff refund guarantee if Trump loses appeal

Costco has sued the U.S. government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump's bid for sweeping authority to impose tariffs. In a complaint…
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02Dec

MongoDB stock jumps 15% on earnings and revenue

MongoDB shares rose 15% in after-hours trading on Monday after the company announced third-quarter earnings that topped Wall Street estimates and issued a strong forecast. The database software maker reported…
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