China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
US-listed stocks of Chinese e-commerce companies spiked Tuesday after the country’s central bank announced its first stimulus measures since the…
Elliott to call special shareholder meeting to oust Southwest CEO
Activist investor Elliott Investment Management on Tuesday escalated its boardroom battle with Southwest Airlines, saying it plans to request a…
I work at Amazon, and I plan on ‘coffee badging’ instead of working from the office 5 days a week
………..Amazon announced a return-to-office mandate requiring five days a week in the office from January. One employee in Germany told…
Russia’s oil revenue has plunged as global crude prices tumble
Russia’s oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending…
McDonald’s extends $5 meal deal into December at most US outlets
McDonald’s extended its $5 value meal offer into December at most of its U.S. locations, the burger chain said on…
Boeing Must Be ‘in the Green’ Before 737 Max Cap Is Lifted
Boeing Co.’s quality control monitors must turn solidly green before US aviation safety regulators will be convinced the planemaker can…
Ford in talks to restart making cars in India for export
Ford Motor held talks with India’s Tamil Nadu state to explore producing vehicles for export, the state’s chief minister said,…
Nvidia is a bargain now AI is going beyond the hyperscalers,
The brutal sell-off in AI chip stock Nvidia offers investors an attractive entry point, Goldman Sachs argued on Monday. Founder…
OPEC again lowers 2024, 2025 global oil demand growth view
OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year…
China’s August exports grow a robust 8.7%, beating forecasts while imports soften
China’s exports grew for a fifth consecutive month, in a sign of growing demand abroad even as imports fell amid…