Business
page 2 of 5
Shein's Hong Kong IPO Debut Slashes Valuation to $26.3 Billion
Shein's long-awaited public listing in Hong Kong saw its valuation plunge from previous highs, reflecting investor unease over fast fashion's future and the company's recent regulatory and market setbacks.
39 sources · over 17 days
UK Airport Cyberattack Exposes Data of 8.7 Million Passengers
A major cyberattack on Manchester Airports Group compromised sensitive customer data at Manchester, Stansted, and East Midlands airports, raising urgent questions about data protection and the risk of further abuse.
34 sources · over 7 days
FTC and 22 States Sue Amazon for Alleged $20 Billion Ad Price Manipulation
Federal regulators and 22 states have accused Amazon of secretly inflating advertising prices, a move that could affect millions of advertisers and reshape the rules for digital ad auctions on major platforms.
32 sources · over 2 days
Fed Chair Kevin Warsh Signals Possible Rate Hike Amid Persistent Inflation
Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech to warn about stubbornly high inflation, pushing markets to expect a rate increase as soon as September and affecting global financial assets.
48 sources · over 15 days
Israel and Greece Sign $3.5 Billion 'Achilles Shield' Defense Deal
Israel and Greece have finalized their largest-ever defense agreement, launching the 'Achilles Shield' air defense initiative amid rising regional tensions and growing concerns over threats from Turkey and Iran.
21 sources · over 4 days
Germany's Inflation Hits 2.9% in August, Highest Since Late 2023
Driven by surging energy costs linked to Middle East tensions and drought, Germany's inflation rate reached a 32-month high in August, raising expectations of further European Central Bank action.
10 sources · over 2 days
Meta Agrees to $18 Billion Settlement Over Child Safety on Facebook and Instagram
Following a landmark US lawsuit, Meta will pay up to $18 billion and change how its social platforms work for teens, with new limits and safety features now set to reshape the industry.
121 sources · over 17 days
SpaceX's $60 Billion Purchase of Cursor Sparks OpenAI Split and Industry Upheaval
SpaceX's acquisition of AI coding startup Cursor has triggered the end of Cursor's access to OpenAI models, raising major questions for developers and intensifying the rivalry between Elon Musk and Sam Altman.
31 sources · over 16 days
Kalshi Issues First Lifetime Ban to George Santos for Betting Violations
Prediction market Kalshi has permanently banned former congressman George Santos and fined him over $71,000 after finding he manipulated bets about his own State of the Union attendance, raising new questions about ethics in political betting.
23 sources · today
Trump Temporarily Suspends Beef Tariffs, Sparking Uproar Among U.S. Ranchers
President Trump's 90-day suspension of tariffs on 300,000 tons of imported beef aims to lower prices but has triggered backlash from ranchers and lawmakers who say it threatens domestic producers and may not cut costs.
32 sources · over 12 days
Italy Faces Sharp Population Drop as Birth Rates Fall, ISTAT Warns
ISTAT projects Italy could lose over 13 million residents by 2080, raising urgent concerns for the economy, pensions, and the future of its aging society.
8 sources · today
CNG and PNG Prices Jump in Delhi and Mumbai Amid West Asia Crisis
CNG prices have surged in both Delhi and Mumbai due to rising LNG import costs linked to instability in the Middle East, leading to fare hike demands from auto and taxi drivers and increased commuter costs.
10 sources · over 4 days