Daily Management Review
Business & Finance

Shein’s High-Stakes Battle for Legitimacy in France’s Fast-Fashion War

Shein, the Chinese-born online fashion giant, is facing its fiercest test yet in France — a country where debates over consumerism, culture, and sustainability have collided head-on with its low-cost retail model. As the company launches its first permanent physical outlet in Paris, it finds itself...

Bloomberg: AI bubble fears are easing thanks to company profits

Profit predictions for companies in the artificial intelligence field are helping to ease worries that the recent rise in global stock markets, driven by interest in this technology, has become a bubble. Bloomberg reports this based on trading data and expert opinions. South Korean chipmaker SK...

Nvidia’s $1 Billion Bet on Nokia Marks Strategic Shift in AI-Telecom Fusion

Nvidia has announced a $1 billion equity investment in Nokia, driving a roughly 22 percent surge in the Finnish telecom-equipment maker’s stock. At the same time, the two companies revealed an alliance to integrate Nvidia’s artificial-intelligence hardware with Nokia’s 5G/6G software, marking a...

Mitsubishi Power expects gas turbine orders to grow by more than 20% in 2025

Mitsubishi Power Ltd. President Takao Tsukui anticipates a major rise in orders for turbines used to produce electricity from natural gas, due to strong demand in the United States and the Middle East, according to Bloomberg. Tsukui forecasts that in 2025, the company's clients will place orders...

Novartis to acquire US rare disease drug developer for $12 billion

Novartis has reached an agreement to purchase the biotechnology firm Avidity Biosciences for a total of $12 billion, which is equivalent to $72 per share—a 46% increase over the company's current stock price. This announcement was made by the Swiss pharmaceutical company. Avidity Biosciences, based...

Blackstone’s Strategic Leap Into Indian Banking With India’s Federal Bank Stake

Blackstone’s decision to invest $705 million for a 9.9 per cent stake in India’s Federal Bank marks a defining moment for both the U.S. private-equity giant and the Indian banking industry. The move, which will make Blackstone the bank’s largest shareholder, reflects a strategic bet on India’s...

LVMH is considering selling its stake in Fenty Beauty

Louis Vuitton Moët Hennessy (LVMH, which encompasses Louis Vuitton and Dior, jewelry label Tiffany, and beauty retailer Sephora) is contemplating the sale of its 50% interest in Fenty Beauty, which it jointly owns with artist Rihanna. This is reported by Reuters, referencing four sources. As per...

Shares of vegan meat producer Beyond Meat soar 1,400%

Shares of Beyond Meat, a leading producer of plant-based meat alternatives, have surged almost 1,400% in just four trading days, as per market data. The scenario seems similar to the "meme stock" phenomenon, which at times results in unusually robust increases in declining stocks, impacting retail...

Thyssenkrupp is in talks with India's Jindal Steel to sell its steel business

The German industrial firm Thyssenkrupp is currently in discussions with India's Jindal Steel International, which has shown interest in Thyssenkrupp Steel Europe (TKSE), its steel sector. Last month, Jindal Steel submitted an initial proposal to purchase TKSE, the second-largest steel producer in...

FT names leading contenders for majority stake in Starbucks' China business

According to the Financial Times, investment firms Carlyle Group and Boyu Capital are the top candidates for a majority ownership of Starbucks Corp.'s operations in China. As per the newspaper's sources, Starbucks considers Carlyle and Boyu as favored partners. In total, the valuation of the coffee...
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