China's fierce food-delivery price war is hitting Alibaba's profits hard. The e-commerce powerhouse is battling soaring losses driven by steep discounts and cutthroat competition in this fast-growing market, The Wall Street Journal reports
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China's fierce price war is intensifying, thrusting Alibaba into the spotlight just ahead of its earnings report. With rivals slashing prices aggressively, the e-commerce giant faces mounting pressure to maintain its market dominance and safeguard its profit margins
Trump's China tariffs have struck a devastating blow to two major US retailers, pushing them perilously close to bankruptcy. Skyrocketing costs and disrupted supply chains have created intense challenges, highlighting the severe economic fallout from these trade policies
Canada Goose has sparked interest with take-private bids valuing the company at approximately $1.35 billion, as Bain Capital considers an exit strategy. This move signals thrilling changes on the horizon for the iconic outerwear brand's ownership
Telefonica is reportedly preparing to make a bold takeover bid for Vodafone Spain, according to El Confidencial. If successful, this move could dramatically reshape the Spanish telecom market, pending regulatory approvals and ongoing negotiations
Germany's business outlook has soared to its highest level since 2022, igniting fresh optimism among companies as supply chain hurdles fade and global demand gains momentum, Bloomberg reports
Former President Donald Trump announced that Intel will grant the U.S. a 10% ownership stake in the tech powerhouse, a bold move designed to boost national interests and breathe new life into the industry amid tough challenges, officials reveal
Costco is set to make a thrilling debut in Australia, diving headfirst into the booming $120 billion retail market. This bulk-buy giant is gearing up to expand its presence as consumer demand reaches new heights!
Sanctions-hit Indian refiner Nayara Energy is in active talks with the government, seeking vital support to navigate mounting financial challenges and keep its operations running smoothly, Reuters reports. These discussions aim to secure a stable and sustainable future for the company
Former President Trump announced that Japan is set to begin importing Ford's legendary F-150 pickup trucks, marking a thrilling new chapter in the automaker's global expansion, according to a report by Fortune
Claire's has filed for bankruptcy protection in the U.S. and Canada, battling overwhelming debt and intense competition. This beloved accessories retailer is now zeroing in on restructuring efforts to restore stability and reinvent itself in a rapidly changing market
An Indian entrepreneur faced the most terrifying 48 hours of his life following a robbery in Spain. Thanks to quick thinking and prompt action, he was rescued just in the nick of time-highlighting the growing security challenges travelers encounter today
Air France-KLM has pulled back from its attempt to acquire a stake in Spain's Air Europa, Reuters reports. This setback challenges the airline's bold expansion plans amid an already fierce aviation market
A surprise trade deal with Japan has sparked a wave of excitement across the globe, igniting hopes for wider and more powerful economic alliances. This unexpected agreement signals major changes on the horizon for regional trade dynamics
Japan's NTT is set to pour billions into expanding its data-center operations, driven by the skyrocketing demand for AI services. This ambitious initiative aims to supercharge infrastructure and stay ahead in the rapidly evolving world of artificial intelligence applications
Anand Mahindra sent a spirited message to Elon Musk as Tesla gears up for its India launch, hinting at a thrilling mix of competition and collaboration ahead. "Meet you at the starting line," he tweeted, sparking fresh excitement in the fast-evolving EV landscape
China's deflationary pressures are intensifying as companies plunge into fierce price wars, spotlighting mounting economic challenges. This cutthroat competition is squeezing profit margins and clouding growth prospects, CNBC reports
Planet is expanding its footprint across Europe with an exciting new partnership in Germany, boosting satellite data services and deepening its impact in the local market. This milestone marks a significant leap forward in the company's global growth journey
China's latest PMI data paints a vivid picture of a manufacturing sector grappling with persistent challenges. Sluggish domestic demand and escalating global trade pressures are fueling this ongoing slowdown, the Wall Street Journal reports
The Trump Organization has removed the "Made in the USA" label from its gold T1 smartphone, CNBC reports. This move marks a shift in branding strategy amid growing curiosity and speculation about the true origin of the device