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Temu and Shein's Search Ad Dominance Reshaping Retail Marketing Strategies 11/27/2024

The Redemption Dilemma: Chinese Startups Face Financial Turmoil Amid Economic Shifts 11/25/2024

Navigating COP29: A Mixed Bag of Climate Finance, Carbon Markets, and Fossil Fuel Divides 11/25/2024

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South Korean Market To Be Exited By U.S. E-Cigarette Maker Juul Labs

It was just about a year that the United States based e-cigarette maker Juul Labs had entered the South Korean market. However the company announced on Wednesday that it would be exiting the market and stopping all of its business operations in the South Korean market because it had not been able...

Apple Sells Cheap Bonds To Raise Money For Share Buybacks And Dividend Payments

Its cheapest bonds in many years was issued by Apple Inc on Monday as the tech giant took advantage of the emergency measures taken by the United States Federal Reserve as a response to the economic impact of the coronavirus pandemic outbreak. Apple is the latest blue-chip company to issue...

Intel acquires Israeli Moovit for $ 900M

American Intel Corp., one of the world's leading manufacturers of computer components, announced the acquisition of Moovit Inc., an Israeli mobility technology company, for $ 900 million. Moovit gained notoriety through an application that helps users build a route by offering information on the...

Air France to receive €7B EU aid

The European Commission approved France's government support for Air France in the amount of €7 billion in connection with the COVID-19 epidemic. "The European Commission, within the framework of the EU rules on state aid, approved the provision of assistance in the amount of €7 billion euros to...

EY Report Says Online Car Sales Could Become Important After End Of Covid-19 Pandemic

According to a report from the consultancy firm Earnst&Young, there can be growth in online car sales after the end of the novel coronavirus pandemic because people will be more concerned about health and hygiene and getting infected which could make them opt to choose personal vehicles as well...

Warren Buffett Says Berkshire Sold Off Its Entire Stock Of US Airlines

The entire stocks of the four largest airline companies of the United States were sold off by Berkshire Hathaway, said chairman Warren Buffett. "The world has changed" for the aviation industry, Buffett said while making the announcement According to the annual report and company filings,...

CORONA-Impact: Real Estate and M&A Trends

Actuellement, le volume cumulé du marché immobilier mondial s’élève à 2 trillions de dollars. Ces mouvements de capitaux bénéficient de mesures de relance prises par plusieurs gouvernements et d’une situation économique globale plus solide que celle qui avait précédé la crise financière de 2008.

Tesla Share Price Is Too High, Says Company CEO Elon Musk

The share price of the United States based electric car maker Tesla was “too high” in the opinion of the company’s chief executive, Elon Musk, according to a tweet by him on Friday. The comment from Musk led to a sharp drop in the share price of the company which closed 10.3 per cent down. ...

Gilead Has Plans Of Expanding Production Of Remdesivir Drug

Remdesivir drug seems to be effective on COVID-19 patients although more data is still needed before concluding the same. Gilead Sciences Inc has manufactured the remdesivir drug which is being used to treat coronavirus victims on an experimental basis, while the company recently informed that it...

Ford Announces Plans Of Restarting U.S. Manufacturing Plants

Ford to follow Chinese manufacturing unit’s safety measures. Will the UAW get convinced? Ford Motor Co highlighted about its safety measures with the plan to “restart its most profitable U.S. plants” even during the present pandemic situation. This moves reflects similar effort made by General...