Online apparel seller Shein anticipates generating $2 billion to $3 billion in an initial public offering (IPO) in Hong Kong, according to Bloomberg, which cites sources knowledgeable about the negotiations. Per sources from the agency, Shein might conduct its IPO as soon as inAugust. They...

Apollo Global Management's decision to outbid rival investor Castlelake for easyJet has transformed what initially appeared to be a straightforward acquisition into one of the most closely watched corporate contests in European aviation. While Apollo's £5.7 billion offer secured the airline board's...

The European General Court has rejected Apple Inc.'s lawsuit contesting the European Commission's ruling to label it a "gatekeeper" under the Digital Markets Act (DMA). This designation can be given to major digital firms offering platform services if they fulfill several criteria concerning,...

Chinese Apple supplier Luxshare Precision Industry has started accepting applications from investors for its share offering on the Hong Kong Stock Exchange, as reported by Bloomberg, referencing a company announcement. Luxshare anticipates generating as much as HK$24.3 billion ($3.1 billion). If...

Nestle's decision to eliminate artificial food colourings from its entire global product portfolio by the end of 2026 reflects more than a recipe change. According to information reported by sources familiar with the company's plans, the world's largest packaged food manufacturer is responding to...

Apple Inc., based in the US, has increased prices for its products, such as MacBook laptops and iPad tablets, because of higher expenses for memory chips following a shortage. Apple's CEO Tim Cook had earlier revealed the intended price hike during an interview with The Wall Street Journal. As...

ByteDance, the parent company of the social media app TikTok, is negotiating a $20 billion loan from global banks, potentially marking the largest loan in the tech firm's history, according to Bloomberg, which references knowledgeable sources. Based on these sources, the firm is seeking a...

As airlines continue to push the limits of non-stop commercial aviation, one challenge remains more difficult than engineering longer-range aircraft: the human body. While advances in aircraft technology have made it possible to connect distant cities with direct flights lasting close to 20 hours,...

Trump Media & Technology Group Corp. (TMTG) has abandoned plans to divest various media assets, including Truth Social, after finalizing its merger with TAE Technologies. TMTG revealed a stock-swap merger exceeding $6 billion with TAE, a nuclear fusion firm, set for December 2025. TMTG's...