Sodexo Forecasts Top-End Revenue Growth in 2024, Boosted by Paris Olympics and Pricing Increases On Friday, French food service company Sodexo announced it anticipates its organic revenue growth for 2024 to reach the upper end of its forecasted 6% to…
On Friday, South Korea‘s finance ministry announced plans for swift and firm measures in response to significant fluctuations in the foreign exchange market. The ministry is prepared to deploy a market stabilization fund totaling 94 trillion won ($68 billion) if…
Tesla shares hit their lowest point in over a year on Thursday following a report from Deutsche Bank that expressed concerns about the company’s shift towards autonomous vehicle technology amid financial pressures. The shares of the company led by Elon…
JPMorgan Predicts Bitcoin Price Decline Post-Halving, Citing Overvaluation and Market Saturation According to analysts from JPMorgan, Bitcoin‘s price is anticipated to decline following the upcoming halving event, as the potential impact is believed to have already been integrated into its…
Blur maintained its position as the top non-fungible token (NFT) marketplace in the first quarter of this year, achieving $1.5 billion in NFT trading volume. Despite this, Magic Eden saw a significant increase in market share in March, with its…
Roger Stone, a prominent Republican strategist and former adviser to Donald Trump’s 2016 campaign, has boosted the meme coin TRUMP with his endorsement, leading to a 17% spike in its value despite a broader slump in the cryptocurrency sector. In…
Gold prices rose on Thursday amid escalating tensions in the Middle East, enhancing the metal’s status as a safe haven. This increase comes despite the impact of persistently high U.S. interest rates. As of early trading at 0429 GMT, spot…
WeWork Inc founder Adam Neumann is making a renewed effort to repurchase the company as it looks to secure several hundred million dollars to exit bankruptcy and avoid being sold, according to a report by FT on Thursday. The company,…
Binance is reportedly taking steps to re-establish its presence in India by settling a $2 million penalty, as per a report by India’s Economic Times, citing informed sources. The cryptocurrency exchange giant is looking to restructure its operations in South…
Taiwan Semiconductor Manufacturing Co, the leading producer of advanced chips for artificial intelligence applications, is projected to announce a 5% increase in first-quarter profit this Thursday due to robust demand. As the largest contract chipmaker globally, serving key clients like…
European Central Bank policymakers aligned in favor of an interest rate cut scheduled for June 6 during discussions on Wednesday, despite challenges from rising oil prices and a depreciating euro. However, their consensus thinned regarding the monetary policy trajectory beyond…
MercadoLibre announces plans to hire 18,000 new employees in 2024, increasing its total staff by 30% as it expands operations in key markets including Mexico and Brazil. This strategic move aims to support the e-commerce giant’s growth and enhance its…
Ford has initiated a recall for 456,565 SUVs and trucks due to potential drive power loss from low battery issues, alongside another recall concerning fuel leaks that may cause engine fires. This action includes software updates and safety checks across…
Foxconn, the world’s largest contract electronics manufacturer, has launched a rotating chief executive system aimed at developing future leadership and improving corporate governance. This strategic move is designed to deepen executives’ understanding of the company’s operations and prepare for sustainable…
Volkswagen collaborates with Xpeng to introduce a new electric vehicle architecture, aimed at reducing costs and enhancing competitiveness in China. The China Electrical Architecture (CEA) will debut in VW-branded EVs from 2026, signaling a strategic shift to regain market presence…
