China's manufacturing industry, which accounts for one-third of the world's second-largest economy, lost momentum in March due to weak export orders, hindering the country's economic recovery from COVID-19 restrictions.
Go Deeper (2 min read)On Tuesday, Alibaba Group announced its plans to divide into six units, with most of them seeking fundraisings or listings, in its largest restructuring in its 24-year history
Go Deeper (3 min read)Hindenburg Research has announced that it holds short positions in Block Inc and has accused the payments company, led by Twitter co-founder Jack Dorsey, of inflating its user numbers and understating its customer acquisition costs.
Go Deeper (2 min read)Silicon Valley Bank's collapse has sent shockwaves through the global banking industry, leading to widespread concerns about the financial stability of lenders.
Go Deeper (2 min read)Weaker manufacturing data could indicate that consumers and businesses are becoming more cautious in the midst of economic uncertainty.
Go Deeper (2 min read)After years of pandemic-driven disruptions, factory managers and workers are finally seeing the light at the end of the tunnel. The country rapidly removed restrictions of movement in December, a move that greatly increased the number of COVID-19 cases and caused further disruptions.
Go Deeper (2 min read)Founded in 1971, Bed Bath & Beyond is an omni-channel retailer of domestic merchandising and home furnishing through a network of physical stores and various websites.
Go Deeper (4 min read)OpenAI, the research facility behind the popular ChatGPT chatbot, is in discussions to sell its current stock in a tender offer that would value the company at around $29 billion?
Go Deeper (3 min read)Broadcom is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Its 50-years history dates back to diverse origins from HewlettPackard Company, AT&T, LSI Corporation and Symantec Enterprise Security.
Go Deeper (7 min read)Numerous businesses that went public while the IPO market was thriving have had such severe setbacks that they are now faced with the sobering possibility that their shares will never recover.
Go Deeper (2 min read)Tyson Foods is one of the world’s largest food companies with annual sales of over $54 billion as of October 1, 2022. Founded in 1935 by John Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands.
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