Posts with tag: clothing
Japan’s largest non-life insurers sold ¥1.64 trillion ($11B) of cross-held shares in April-December 2023, nearly 90% of their planned ¥1.84T divestitures by March 2025. The sales aim to improve governance and reduce cozy ties, with proceeds used for shareholder returns, acquisitions, and investments
Published on: February 17, 2025, 03:00 AM UTC
Airbnb stock surged over 14% after earnings beat as CEO Brian Chesky outlined plans to transform the vacation home marketplace app into a one-stop shop for all travel and living needs, similar to Amazon.
Published on: February 14, 2025, 07:02 PM UTC
President Trump's efforts to lower interest rates are being challenged by stubborn markets, despite his push for deregulation and tax cuts. Rising bond yields, driven by inflation concerns, signal potential economic headwinds, raising worries about mortgage rates and business lending. Trump's frustration with the Federal Reserve highlights the limits of his control over long-term rates, potentially leading to further market volatility.
Published on: February 14, 2025, 05:01 PM UTC
Egg prices are soaring due to an avian flu outbreak. While the Fed doesn't include egg prices in core inflation measures, rising egg prices could lead to higher consumer inflation expectations, which could trigger a pull-forward in demand and upward pricing pressure. The Fed has no choice but to keep interest rates higher for longer to avoid repeating the mistakes of the 1970s.
Published on: February 14, 2025, 03:02 PM UTC
US futures fluctuated as Trump imposed reciprocal tariffs, with Nasdaq futures rising 0.1%. Airbnb and GameStop surged after hours on positive news, while Palo Alto Networks fell 5% despite strong demand for its cybersecurity solutions. Sony stocks jumped 11% in Tokyo on a raised operating profit forecast and strong gaming division performance.
Published on: February 14, 2025, 08:01 AM UTC
Indian music labels including T-Series, Saregama and Sony join copyright lawsuit against OpenAI for improper use of recordings to train AI models, citing concerns over unauthorized usage and breach of copyright.
Published on: February 14, 2025, 08:00 AM UTC
Chinese President Xi Jinping to chair symposium on private sector as economy sputters
Published on: February 14, 2025, 07:00 AM UTC
US futures climb as Trump imposes reciprocal tariffs, while investors await retail sales data and Moderna earnings.
Published on: February 14, 2025, 05:01 AM UTC
Hong Kong-listed Chinese stocks surge on AI optimism, with the Hang Seng China Enterprises Index jumping as much as 2.7%. Experts see a durable rally driven by tech progress and reduced tariff fears, but skeptics warn of excessive AI hype.
Published on: February 14, 2025, 04:00 AM UTC
DaVita (DVA) surpasses revenue expectations with a 4.7% increase, but misses on earnings guidance. Its Q4 results include a 4.3% beat on EPS. Despite revenue growth, the stock dropped post-earnings. Find out if it's a buy in our full report.
Published on: February 13, 2025, 11:01 PM UTC