L’Oréal shifts focus from China to a ‘land of opportunity’: here’s why
L’Oreal SA (EPA: OR) seems to have had enough disappointments out of China. For future growth, the beauty giant now plans on turning to the United States which it called…
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Brazil grants EuroAtlantic Airways approval for regular flight operations
Brazil has granted EuroAtlantic the license to offer regular international flights, according to decree 16.300, which was published in the Official Gazette of the Union (DOU) on Thursday. EuroAtlantic, a…
US consumer sentiment drops to 7-month low as inflation worries rise
US consumer confidence weakened in early February, hitting a seven-month low as concerns over inflation and tariffs grew. The University of Michigan’s preliminary sentiment index fell to 67.8, down 3.3…
Bill Ackman takes a massive stake in Uber—what’s driving his bet?
Billionaire hedge fund manager Bill Ackman has built a sizable stake in Uber Technologies Inc (NYSE: UBER). On Friday, the founder and chief executive of Pershing Square said he owned…
Hongkong Post extends suspension of US parcel deliveries over tariff uncertainty
Hong Kong’s postal service has extended its suspension on shipping items containing goods to the United States, even after the US postal administration reversed its temporary ban on parcels from…
Tesla hikes Model X prices in the US by $5,000
Tesla (NASDAQ: TSLA) has raised the prices of its Model X vehicles in the United States by $5,000, marking the latest adjustment in its fluctuating pricing strategy. The base Model…
Applied Materials stock: Is AMAT a bargain ahead of earnings?
Applied Materials stock price has remained in a tight range in the past few weeks as investors focused on the data center and artificial intelligence industry. AMAT was trading at…
FTSE 100 forecast ahead of Barclays, Unilever, BAT, Coca-Cola earnings
The FTSE 100 index continued its bullish momentum this week as it hovered near its all-time of £8,775. It has soared by about 14% in the last 12 months and…
Zomato to Eternal, Google to Alphabet, Facebook to Meta: why do companies rebrand and does it work?
Zomato has announced it will change its corporate name to Eternal Ltd, marking a major rebranding move aimed at reflecting its growth beyond food delivery. The company confirmed the decision…
South Korean officials raise alarms over DeepSeek AI security concerns
South Korea has intensified its scrutiny of Chinese artificial intelligence (AI) startup DeepSeek, imposing access restrictions across multiple government agencies and critical infrastructure sectors. The country’s industry ministry confirmed on…