Tag: business news

In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies ...

SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there

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Masayoshi Son, CEO of SoftBank, speaks during the company's annual general meeting in Tokyo on June 20, 2024.Kosuke Okahara | ...

Collapsed bitcoin exchange Mt. Gox is about to unload billion of coins onto the market. Here’s what it means

Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here’s what it means

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Omer Taha Cetin | Anadolu | Getty ImagesA bitcoin exchange that collapsed 10 years ago after being hacked is set ...

Hong Kong’s IPO market is finally starting to turn around, consulting firm EY says

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Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024.China News Service | China ...

Microsoft reaches settlement in California over claims it punished employees for taking protected time off

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A logo sits illuminated at the Microsoft booth in the Mobile World Congress 2024 in Barcelona on Feb. 26, 2024.Xavi ...

Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises

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Manhattan is becoming a buyer's market as apartment prices fell and inventory rose in the second quarter of 2024, according ...

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say

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Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, ...

Crypto firm Circle gets approval to issue stablecoin in EU under bloc’s strict rules

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Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth ...

China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric vehicles

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BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany.Leonhard ...

The U.S. needs more of this critical metal — and China owns 80% of its supply chain

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