Chinese internet giants are engaging in share buybacks at an unprecedented pace, aiming to bolster their market value amidst a significant stock downturn in the world’s second-largest economy. Alibaba Group (BABA) revealed on Tuesday its repurchase of $12.5 billion worth ...
A company executive and fuel marketing associations have corroborated this assertion. Nigeria stands as one of the foremost oil-producing nations globally. However, due to the absence of a functional refinery, the entirety of its crude oil is exported for refining ...
Silver Lake’s strategy to privatize Endeavor involves injecting $250 million of seed equity into a novel venture spearheaded by executive chairman Patrick Whitesell. The new endeavor will encompass a wide array of activities, including “investing in and providing services to ...
Today, Chase introduced Chase Media Solutions, its latest digital media venture aimed at enabling brands to directly engage with the financial institution’s 80 million customers. Chase Media Solutions acts as a crucial link for brands, facilitating connections with consumers’ individual ...
Intel experienced a nearly 7% decline in its shares on Wednesday, as the escalating losses within its contract chip-making division indicated a potential delay in achieving profitability comparable to its rival, Taiwan Semiconductor Manufacturing Co. (TSMC). In its recent disclosure ...
The aspiration for nuclear fusion energy has long surpassed tangible realization. Regarded as a transformative technology capable of yielding virtually limitless clean energy, the persistent inability to integrate fusion power into the grid despite decades of research has fostered a ...
According to real estate tycoon Barbara Corcoran, there’s no better time than the present to purchase a home. The interest rate on the standard 30-year fixed mortgage witnessed a slight decrease to 6.79% last week, significantly below the pinnacle of ...
Micron Technology (MU) shares surged in early Monday trading as analysts continue to recognize the significant value offered by the creators of a pivotal component crucial for the advancement of AI technologies, which could potentially yield billions in value over ...
On Monday, United Parcel Service (UPS) revealed its forthcoming role as the primary air cargo provider for the United States Postal Service (USPS), stepping into the vacancy left by rival FedEx, which announced the termination of its more than two-decade ...
On Friday, March 29, Nicki Minaj made waves with the announcement of her new sneaker brand, in collaboration with Loci, with the debut capsule collection set for release on April 12. Having dominated the rap scene for over a decade, ...