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24Nov

Alphabet races toward $4 trillion valuation as AI-fueled gains accelerate

Alphabet closed in on a $4 trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an artificial intelligence-driven…
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24Nov

Mastercard, L’Oreal launch joint business card for beauty salons in Latin America

Mastercard and L'Oreal are launching a joint business card for beauty salon operators in Latin America and the Caribbean, they said in a joint statement on Monday. • The card…
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24Nov

Grindr ends talks on $3.46 billion take-private bid over financing uncertainty

Dating app Grindr, said on Monday it has ended talks on a $3.46 billion take-private deal by its two largest shareholders, citing uncertainty over the deal's financing. Shares of the…
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24Nov

Deutsche Bank sees S&P 500 rising to 8,000 by end of 2026

Deutsche Bank on Monday projected the S&P 500, index to climb to 8,000 by the end of next year, citing strong corporate earnings and artificial intelligence-driven gains, making it the…
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24Nov

EU to push US to honour trade deal by cutting steel tariffs

European Union ministers on Monday were set to urge top U.S. trade officials to apply more of the July EU-U.S. trade deal by cutting U.S. tariffs on EU steel and…
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24Nov

EU approves Omnicom’s acquisition of IPG without conditions

The EU Commission on Monday said it had unconditionally approved Omnicom Group's, $13.25 billion all-stock deal to buy rival Interpublic Group. The deal, announced last December, merges the world's third-largest…
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24Nov

Australia’s Macquarie bids $7.5 billion for logistics group Qube

Shares of Australian industrial logistics group Qube Holdings, hit an all-time high on Monday after it said it received an A$11.6 billion ($7.5 billion) buyout bid from Macquarie Asset Management…
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24Nov

Snap offers Australians bank-linked age proof tool ahead of teen social media ban

Snap, said on Monday it will offer Australians the chance to verify their age with software owned by the country's banks as the internet platform complies with a teenage social…
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24Nov

Do Won Chang: The Immigrant Who Built a Fast-Fashion Empire

Starting With Three Jobs and a Dream When Do Won Chang and his wife Jin Sook reached Los Angeles in 1981, they arrived with almost nothing. He knew very little…
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24Nov

Meta to block Facebook and Instagram for Australian teens by December 10

Meta, will block Australian users under 16 from accessing Instagram, Facebook and Threads by December 10 to comply with the country’s sweeping social media ban for teenagers, the company said…
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