The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein’s hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and
Month: June 2024
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Friday said it applied for U.S. approval of its weight loss drug Zepbound for the treatment of the most common sleep-related
Sales of previously owned homes are sitting at a 30-year low and didn’t move much in May as prices hit a new record and mortgage rates remain high. So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally adjusted, annualized rate of 4.11 million units, according to the National
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The retailer, which has more than 380 stores in the U.S., has asked some landlords to cut its rent by as much as 50%, people familiar
Has Nigel Farage made his first blunder of the election campaign? His incendiary claim that the West provoked the war in Ukraine will be offensive to many people. It may make some of those Conservative supporters considering switching to Reform UK on 4 July think again. And a clarification in a late-night tweet appearing to
Nigel Farage has reiterated that he blames the West and NATO for the Russian invasion of Ukraine – as he confirmed that he previously said he “admired” Vladimir Putin as a statesman. Speaking to the BBC, the Reform UK leader was asked about his previous comments on Russia and Ukraine. Asked about Russia’s 2022 invasion,
Sir Keir Starmer took a break from the campaign trail to watch Taylor Swift perform at Wembley Stadium. The Labour leader made a “swift” pitstop for the first night of the London leg of the American pop star’s record-breaking Eras tour. Election latest: Farage criticised for ‘disgraceful’ comments on Ukraine war Swift is performing three
Sir Keir Starmer said he always suspected Boris Johnson’s relationship with the truth “would bring him down”- as he revealed how he “set a trap” for the ex-prime minister over the partygate scandal. In an interview with The Guardian, the Labour leader said he “couldn’t care less” about the insults Mr Johnson hurled at him
Sir Keir Starmer has defended Labour’s record on gender equality after JK Rowling accused the party of “abandoning women”. The Downing Street hopeful said he was “proud” of his party’s history on the subject after the Harry Potter author wrote a 2,000 word essay in The Times criticising his views. Ms Rowling has been outspoken
Rishi Sunak has said Nigel Farage’s comments about the West provoking Vladimir Putin were “completely wrong” and play into the Russian dictator’s hands. The Reform UK leader is facing a backlash from across the political spectrum for saying that the expansion of NATO and the EU “provoked” Moscow’s invasion of Ukraine. Follow the latest updates
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon said Thursday it has removed 95% of the plastic air pillows from its packaging in North America and will replace them with paper fillers made from 100% recycled content. It marks Amazon’s largest plastic-packaging reduction effort and will help it remove nearly 15 billion
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024. David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release three recently announced features,
Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year.
In this article NVDA AAPL Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand.
The widow of Dr Michael Mosley has posted an emotional tribute to him – and revealed plans to continue the work that gave him “such a sense of purpose”. Mosley, a TV doctor and health expert, went missing while on holiday with his wife Clare on the Greek island of Symi on 5 June. The
Her name is synonymous with beauty, style and running late. And when THE Supermodel that is Naomi Campbell arrived for our interview she didn’t disappoint in all three categories. My crew were told to set up for 1pm for a 2.45pm interview, she entered the ballroom at the Dorchester at 5.45pm. In the moments before
Russell Crowe has the war wounds of an actor who has completed his own stunts, including several “that didn’t go fully correctly”, over the years. “A whole screed of injuries,” is how he describes it. So, the thought of a potential Glastonbury mud-fest after weeks of rain? The man who played Maximus Decimus Meridius will
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