TikTok Awaits SCOTUS Decision to Reverse US Ban
TikTok expects the United States Supreme Court to overturn a recent decision by an appeals court that upheld the federal prohibition on the short-video social media platform within...
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Microsoft's $1.5 Billion AI Deal with UAE's G42 Sparks Controversy
Microsoft Corp. has received approval to export advanced AI chips to the UAE as part of its $1.5 billion collaboration with Emirati AI firm G42. The partnership includes plans to e...
Upcoming Earnings Reports: Oracle, Macy's, Adobe, and More to Unveil Financial Insights
The upcoming week will see a series of financial insights from major companies including Oracle, GameStop, Macy's, Adobe, Broadcom, and Costco. Oracle will kick off the week with i...
Vodafone's Bold Move: Selling Entire Italy Operations to Swisscom
Vodafone Group Plc has signed a binding agreement to sell 100% of its Italy operations to Swisscom AG for €8 billion. The transaction is subject to regulatory approvals and include...
China's Car Sales Surge in November: NEVs Lead the Way
China's passenger vehicle sales surged in November, with NEVs accounting for over half of all sales. Despite a drop in Tesla's sales and exports, the overall market showed signific...
Lululemon's Impressive Earnings Report Sends Stock Soaring by 18%
Lululemon Athletica Inc. saw its stock price jump following the release of strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.39 bi...
HDFC Bank Increases MCLR Rates: What You Need to Know
HDFC Bank has increased its MCLR for short-term periods by up to 5 basis points. The overnight MCLR has risen from 9.15% to 9.20%, effective from December 7, 2024. Other tenures re...
Equinor Exits Nigeria and Azerbaijan with $2 Billion Asset Sale
Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for a combined total of up to $2 billion, marking the end of its operations in these two countries after near...
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