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12Dec

JD.com Pledges $3.12B Housing Boost for Couriers Amid Retail Rivalry

JD.com, one of China's largest e-commerce firms, pledged 22 billion yuan ($3.12 billion) in housing support for its army of couriers, as competition intensifies in the instant retail market. JD.com's…

12Dec

ANZ ex-CEO Shayne Elliott says bank breached exit deal, stripped $9M bonuses

ANZ Group's former CEO Shayne Elliott on Friday accused the bank of breaching a contract covering his departure terms when it stripped him of bonuses worth A$13.5 million ($9 million)…

12Dec

George Clooney: The Hollywood Star Who Turned Friendship and Taste into a Billion-Dollar Empire

George Clooney didn’t set out to become a global businessman. He just wanted a good tequila that he and his friends could enjoy straight, without the usual salt and lime…

12Dec

Warren Demands Huang and Lutnick Testify on Trump’s Nvidia China Chip Move

Democratic Senator Elizabeth Warren called on Thursday for Nvidia CEO Jensen Huang and Commerce Department Secretary Howard Lutnick to testify after President Donald Trump announced plans to greenlight sales of…

11Dec

The Quiet Radical: How Prada Turned Restraint Into a Global Luxury Language

From a Milan shop to a global idea Prada started in 1913 as a small leather goods shop in Milan’s Galleria Vittorio Emanuele II. For many years it remained a…

11Dec

Oil Prices Hold Steady as Markets Eye Russia-Ukraine Talks and US Tanker Seizure

Oil prices were broadly stable on Thursday as investors shifted their focus back to Russia-Ukraine peace talks while watching for any fallout from a U.S. seizure of a sanctioned tanker…

11Dec

Investor profile: David Sacks

David Sacks Cofounder and Partner, Craft Ventures Age - 53 Residence - San Francisco, California Citizenship - United States Source of Wealth - software, Self Made Notable Deal - SpaceX…

11Dec

Tim Cook Pushes Back on US Bill Forcing Age Checks on iPhone Users

Apple CEO Tim Cook met U.S. House members on Wednesday to push back against federal legislation that could require the iPhone maker to authenticate users' ages and possibly collect sensitive…

11Dec

Coca-Cola Taps Insider Henrique Braun as New CEO, Replacing James Quincey

Coca-Cola named insider Henrique Braun as its new CEO on Wednesday, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and more…

11Dec

Most Fed Officials Expect 2025 Rate Cuts, but Split on How Far

A majority of U.S. central bankers believe they will need to cut short-term interest rates next year, but are widely split over how much, with a large group opposed to…

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