Bernard Arnault, chairman of French luxury conglomerate LVMH, saw his wealth surge by $17 billion in a single day, thanks to China's latest economic stimulus measures aimed at reviving growth.

Tech industry layoffs are surging in 2024, defying expectations amid substantial cash reserves accumulated by many firms. While last year's job cuts were attributed to economic pressures from inflation and

Apple could incur an additional $900 million in costs this quarter due to tariffs, CEO Tim Cook revealed on Thursday, marking one of the company’s most significant financial impacts yet

Angelina Jolie is anything but happy with Brad Pitt's claims that she violated their agreement, after the famous actor filed a lawsuit over the sale of her stake in their

Anthropic has said it will not relax safeguards on how its artificial intelligence tools are used, even if that means losing US defense contracts, as tensions escalate with the Pentagon.

Kia America has issued a recall for more than 80,000 vehicles due to a defect involving floor wiring beneath the front passenger seat. The issue could interfere with the proper

Chinese electric vehicle giant BYD saw its shares drop by as much as 8% in Hong Kong on Monday after the company reported a sharp decline in quarterly profit, underscoring

According to an estimate from Anderson Economic Group, a Michigan-based economic research firm, a 10-day strike by UPS workers could potentially cost the US economy a staggering $7.1 billion. If

Elon Musk has announced that he has found a new CEO to take over Twitter, months after he first promised to step back from the role. The new CEO will

Apple could soon be required to open its iPhone ecosystem to rival app stores in the United Kingdom following a major ruling by the Competition and Markets Authority (CMA). The

Germany's Verdi union called for a one-day strike of air security staff at Berlin airport on Monday as part of an ongoing wage dispute, prompting the airport to cancel all

Microsoft has breathed new life into its classic Paint application by adding cutting-edge AI tools as part of the latest Windows 11 update. Originally launched in 1985, Paint has remained

On a quiet day in February 2021, an email landed in the inbox of a German trade official - and with it, the seed of an unlikely solution to one

Apple's biggest supplier Foxconn says its revenue last month fell by 11.65% compared to the same period in 2022 due to weaker demand for electronics. However, February revenue was more

Nvidia has posted another blockbuster quarter, fuelled by soaring demand for its artificial intelligence (AI) chips, even as it grapples with ongoing geopolitical challenges between Washington and Beijing. The California-based

Coca-Cola has announced the discontinuation of its Spiced flavour, a decision made just six months after its introduction to the market. This move signals an end to the company’s recent

Levi's, a global brand renowned for its ethical stance, is under scrutiny following a report from an independent labour monitoring group. The report accuses Levi's of neglecting its own labour

The world’s richest man, Elon Musk through one of his companies “The Boring Company” has sold nothing less than 10,000 bottles of his newly launched fragrance, the Burnt hair perfume,

Taylor Swift has struck a lucrative deal with Disney+ for the rights to her highly successful concert film, 'The Eras Tour', leaving other major distributors like Netflix and Universal in

Nike is adding sparkle to performance footwear with its latest collaboration with Swarovski - a women’s running collection that fuses sport and luxury through crystal detailing. Following the reveal of