Starbucks Corporation has seen a significant drop in its market capitalization, losing a staggering $12 billion in value as concerns and boycotts related to its operations...
Bitcoin is back. The crypto industry’s biggest asset responded to a dismal 2022 with a sustained climb upward this year. In the last few months...
Fast-food giant McDonald’s has unveiled an ambitious plan to open nearly 9,000 new burger joints across the globe by 2027. The move comes as part of...
Citigroup, one of the world’s largest financial institutions, is undergoing a significant restructuring effort that comes with a hefty price tag of $1 billion. However, this...
British American Tobacco (BAT) has raised concerns about the long-term viability of its US-based cigarette brands, marking a significant shift in its outlook on the American...
Bitcoin has once again reached the $44,000 mark, marking a significant milestone not seen since April 2022, as optimism surrounding the approval of Bitcoin exchange-traded funds...
In a historic moment for the tech giant, Apple Inc. has officially crossed the remarkable milestone of a $3 trillion market capitalisation. The Cupertino-based company’s...
Moody’s Investors Service has downgraded China’s credit outlook, expressing concerns about the country’s economic growth prospects and the ongoing property market crisis. The credit rating agency...
In a move aimed at modernising its operations and accommodating the growing e-commerce industry, Australia Post has announced plans to reduce letter deliveries to every second...
The Reserve Bank of Australia (RBA) has decided to keep its official cash rate at 4.35%, citing concerns over the rapidly increasing number of mortgage applications....
The economy has been remarkably resilient despite massive pressures – but is that about to change in 2024? The US economy is in for a...
A judge has ruled that Tesla’s insurance unit must face a lawsuit alleging “inflated” premiums. The decision comes after policyholders claimed the electric car company’s insurance...
Tech mogul Elon Musk couldn’t resist poking fun at Paris Hilton’s recent cookware ad campaign after her company suspended a mysterious “X” deal. In a tweet...
Economists around the globe are closely monitoring the world’s economic landscape as 2024 ushers in a period of stark economic deceleration. Amid these challenging times, a...
Leading economists anticipate a potential shift in the Federal Reserve’s monetary policy, shedding light on the timeline for an interest rate reduction. Financial experts and...
