A major breakthrough in U.S.-China trade relations has led to a 90-day trial period of reduced tariffs, sparking optimism and a strong start for global equity markets this week.
In a bid to enhance profitability, Panasonic Holdings Corp. announces plans to lay off 10,000 employees, including 5,000 in Japan and 5,000 abroad. The company anticipates significant restructuring charges as it shifts focus.
Krispy Kreme Inc. shares hit record lows as the company announces disappointing earnings and a dividend cut, raising concerns about its future amidst a slowing economy.
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The Federal Reserve has decided to keep interest rates unchanged, despite growing concerns over stagflation and economic uncertainty. This decision comes amid increasing risks related to tariffs and market volatility.
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In a surprising twist, Warren Buffett has announced he will step down as CEO of Berkshire Hathaway after six decades. His revelation came during the annual shareholder meeting, catching many off guard, including his presumptive successor.
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In a significant move, Ant Group has agreed to purchase a 50.55% stake in Bright Smart for HK$2.81 billion, causing the latter’s shares to soar by nearly 64%. This investment aims to enhance Ant's overseas operations amid regulatory challenges.
