Move
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Prada Buys Versace in Historic $1.4 Billion Move, Marking Luxury Fashion’s Biggest Comeback Story
Prada has officially announced the acquisition of iconic fashion house Versace. The deal, valued at around $1.4 billion in cash, was confirmed by Prada on Thursday. The move signals a…
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Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting declining…
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US Weather: Storms That Killed Over A Dozen Move Southeast; 9 States Under Flood Warnings
KEY POINTS There will be ‘numerous instances of flash flooding’ Monday, the weather agency warned Nine states are currently under flood warnings, with numerous creeks and rivers being observed Wintry…
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Elon Musk to Step Down from His DOGE Role Ahead of Schedule in Shock Move Amid Growing Controversy, Trump Tells Cabinet: Report
President Donald Trump has told his Cabinet and close advisers that Elon Musk is stepping down from his government role. According to Politico, the Tesla and SpaceX CEO is set…
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GameStop Adopts Strategy’s Bitcoin Playbook, Announces $1.3B Offering; Michael Saylor Lauds Move
KEY POINTS GameStop previously announced its board has unanimously approved diversifying the company’s portfolio to include $BTC The senior notes plan is very similar to how Strategy has acquired its…
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AstraZeneca seeks to move past China probe with Beijing R&D hub
[HONG KONG, LONDON] Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant has tried to maintain a business-as-usual stance in…
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Second Lady Usha Vance To Visit Greenland Amid Trump’s Push For US Control, PM Blasts ‘Aggressive’ Move
KEY POINTS The second lady will visit some historical sites and attend the national dogsled race, Avannaata Qimusseru Mike Waltz, Trump’s national security adviser, is reportedly joining the delegation Greenland’s…
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BYD earnings may move the needle in market-cap fight with CATL
The carmaker now trades at about 20 times earnings for the next year, below its three-year average, and compares with almost 83 times for peer Tesla [HONG KONG] BYD’s earnings…
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Mystery Deepens in Gene Hackman and Betsy Arakawa Death as Family Blocks Key Autopsy Report in a ‘Highly Unusual’ Move
The mystery surrounding the deaths of Hollywood star Gene Hackman, 95, and his wife Betsy Arakawa, 65, has deepened. The couple was found dead alongside their pet dog at their…
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Central bankers move slowly through fog of Trump’s trade wars
[LONDON, FRANKFURT, WASHINGTON, HONG KONG] US President Donald Trump has already upended global trade and the postwar international security consensus. Now he’s throwing central banking into disarray. Monetary policymakers are…
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OnePlus Nord CE4 in 2025: Is it a smart move?
OnePlus Nord CE 4 reviewIBT When the OnePlus Nord CE4 launched in April 2024, it was a solid mid-range option under Rs 30,000, offering a sleek design, dependable performance, and…
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Grab is said to move forward with talks to acquire rival GoTo
Growth for both companies has cooled dramatically from triple-digit rates as consumers in South-east Asia curtail spending to cope with elevated inflation and interest rates [SINGAPORE, HONG KONG] Grab Holdings…
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Kohl’s is latest retailer to move away from using DEI language
The moves come under new chief executive officer Ashley Buchanan, who took over the retailer in January [NEW YORK] Kohl’s is the latest retailer to back away from using diversity,…
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Nasdaq joins exchanges in move to round-the-clock trading
NASDAQ plans to offer 24-hour trading on its equities exchange, the latest venue seeking to capitalise on growing global demand for US stocks. The second-largest US exchange operator plans to…
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US withdraws from plan to help major global polluters move from coal
THE United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, the US Treasury Department…
