Chinese tech giant Xiaomi unveiled its first EV model, the SU7, on Thursday, when it detailed plans to enter the competitive electric vehicle (EV) market.
Investors
Shein's Annual Revenue Is More Than $30 Billion, Key Retail Partner Says
The annual revenue of Chinese fast-fashion giant Shein is reportedly more than $30 billion. The annual revenue of Chinese fast-fashion giant Shein is more than $30 billion, according to Jamie Salter, the founder and CEO of Authentic Brands Group, a key retail partner of Shein.
Elon Musk's 'Illegal Drug Use' Is Worrying Executives at SpaceX and His Other Firms: Report
Executives at SpaceX and some of the other businesses that Elon Musk runs have reportedly expressed concern over his alleged drug use, according to a new report.
Coinbase Eyeing to Expand Crypto Derivatives in EU With MiFID II Licensed Company
US cryptocurrency exchange Coinbase is making strategic moves to introduce crypto-linked derivatives in the European Union (EU) by acquiring a company with a license to do so.
Bitcoin Price Soars Above $45,000 for First Time Since April 2022
Bitcoin surged above $45,000 on Tuesday, marking its highest value since April 2022. Starting 2024 with positive momentum, Bitcoin surged above $45,000 on Tuesday, marking its highest value since April 2022.
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Investors expect a rebound in the 2024 IPO market. Here are the companies that are expected to go public next year.
Sportswear giant Nike has unveiled plans to slash costs by approximately $2 billion over the next three years.
The S&P 500 could sink 20% this spring and then surge to an all-time high by the end of 2024, according to an investment strategist.
Citigroup Inc. is reportedly closing its global distressed-debt group as it undergoes further restructuring under CEO Jane Fraser's leadership.
Financial tech company Affirm has announced its expansion of services with Walmart to bring the company's flexible pay-over-time options to self-checkout kiosks in over 4,500 of the retailer's US stores.
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Citigroup Inc. is reportedly facing delays in its plans to establish a fully-owned securities business in China.
Chuck E. Cheese, the popular US restaurant chain that came out from bankruptcy three years ago, is reportedly considering a sale amid acquisition interest.
