Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:50
Elon Musk Calls Antisemitic Post on X the ‘Actual Truth’
Billionaire Elon Musk endorsed an antisemitic post on X, the social media site he owns, that attacked members
2023-11-16 16:57
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:58
Biden and Xi Strike Deals on Military Communications, Fentanyl, AI
US President Joe Biden and Chinese leader Xi Jinping agreed on joint efforts to combat fentanyl, restore high-level
2023-11-16 08:29
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:19
China Slowdown Adds to Boycott Woes for Japanese Beauty Stocks
As companies battle to grab a bigger share of Asia’s growing cosmetics market, they’re receiving an unhappy reminder
2023-11-16 06:49
Buffett’s Berkshire Trims HP Stake, Exits General Motors Bet
Warren Buffett’s Berkshire Hathaway Inc. reduced the number of stocks in its portfolio in the third quarter, exiting
2023-11-16 02:48
Cybersecurity Warning Puts Palo Alto’s 87% Rally in Spotlight
Signs of trouble in the cybersecurity sector are making some investors nervous ahead of Palo Alto Networks Inc.’s
2023-11-15 18:58
Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and
2023-11-15 15:55
Tencent, Alibaba Earnings Hold Key to $44 Billion China Tech Run
Financial results from Tencent Holdings Ltd. and Alibaba Group Holding Ltd. will likely test the strength of a
2023-11-15 11:45
Alphabet CEO Pichai Grilled on Record-Keeping at Google Play Trial
Alphabet Inc.’s Google gives Apple Inc. a 36% share of the revenue earned via advertising from searches in
2023-11-15 03:18
For Google Play, Dominating Android World Was ‘Existential’
Google agreed to pay $8 billion over four years to Samsung Electronics Co. to make its search engine,
2023-11-14 22:56