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The seemingly unstoppable juggernaut of fast fashion has hit a wall. Inditex, the Spanish retail titan and owner of Zara, reported weaker-than-expected sales in...
Novo Nordisk, the Danish pharmaceutical giant behind the obesity drug Wegovy, said on Wednesday it will cut about 9,000 jobs globally in a major...
The United States has been the ultimate safe haven for global investors for decades now. Treasuries were unquestioned collateral, the dollar was the world’s...
The cryptocurrency market wavered on Wednesday, with Bitcoin remaining below the key resistance level at $120,000. This price action occurred after the US released...
The British pound has plunged in the past few days, erasing some of the recent gains. The GBP/USD exchange rate plummeted to the psychological...
XRP price surged this week as the crypto market gained steam and after Ripple Labs made a major tokenization announcement. Ripple token jumped to...
In the hallowed halls of Cupertino, a revolution is taking shape. Apple, the world’s most influential smartphone brand, is on the cusp of launching...
BHP, a major mining company, has stated that establishing a “green iron” industry in Australia is cost-prohibitive, Reuters said in a report. BHP’s declaration...
Shares of Pop Mart International slumped over 6% on Wednesday, even as the Chinese toymaker forecast a surge in first-half earnings. The unexpected drop...
European stock markets started Wednesday’s session on a weaker footing, with the regional Stoxx 600 index dipping as investors contended with hotter-than-expected inflation data...
UK financial regulators have imposed a hefty £42 million ($56 million) fine on Barclays Plc for significant failures in identifying and managing financial crime...
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under...
As part of an ongoing $16.1 billion legal fight, a US federal judge granted Argentina a temporary halt on transferring its majority stake in...