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World leaders react to reports of Navalny’s death; Yulia Navalnaya says Putin won’t go unpunished

February 16, 2024 by admin

World leaders on Friday reacted with dismay to reports of the death of prominent Russian opposition leader Alexei Navalny in a Siberian penal colony.

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Japan is no longer the world’s third-largest economy as it slips into recession

February 15, 2024 by admin

Japan’s 2023 nominal GDP came in at 591.48 trillion yen, or $4.2 trillion, while Germany’s stood at 4.12 trillion euros, or $4.46 trillion.

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Delivery Hero CEO happy to keep Asia unit Foodpanda ‘forever’ after stock plunged on sale outlook

February 14, 2024 by admin

Delivery Hero CEO Niklas Ostberg says he is happy to hold onto Delivery Hero’s Foodpanda unit “forever,” suggesting he’s not in a rush to sell.

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Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue

February 13, 2024 by admin

In the majority of Coke’s markets, shoppers were only paying about 3.5% more for their drinks than they were a year earlier.

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Trump’s NATO comments stir up a political storm as Russia keeps quiet

February 12, 2024 by admin

Trump’s comments have thrust the Republican front-runner into the center of a political storm and sent shockwaves throughout the Western military alliance.

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Investors in Airbnb arbitrage business allege they were defrauded in scheme promising ‘higher returns than the stock market’

February 11, 2024 by admin

Airbnb’s sprawling marketplace enabled an arbitrage business to illicitly operate and attract investors in the process.

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Inflation in December was even lower than first reported, the government says

February 9, 2024 by admin

Revisions to the consumer price index showed that the broad basket of goods and services measured increased 0.2% on the month.

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El-Erian, Krugman and other economists have very different opinions on China’s struggling economy

February 9, 2024 by admin

The divide between China bulls and bears is getting louder as the beleaguered economy comes into full focus this year.

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Google rebrands Bard AI to Gemini and launches a new app and subscription

February 8, 2024 by admin

Google Bard, a chief competitor to OpenAI’s ChatGPT, is now called Gemini, the same name as the suite of AI models that power it.

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Alibaba shares drop 5% after revenue miss, $25 billion boost to buyback plan

February 7, 2024 by admin

Alibaba missed market expectations for revenue in the December quarter but announced it is increasing the size of its share buyback program by $25 billion.

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