Category: finance
-
France Moves to Suspend Shein Amid Sex Dolls and Weapons Controversy on First Paris Store Opening
France has initiated proceedings to suspend the operations of Chinese fast-fashion retailer Shein in the country following the discovery of child-like sex dolls and banned weapons on its online marketplace. The announcement coincided with the opening of Shein’s first physical store in Paris, located in the historic BHV department store, sparking public outrage and political
-
France Pushes EU to Investigate Shein Over Sale of Sex Dolls and Banned Weapons
The French government has intensified pressure on the European Union to launch a formal investigation into Chinese online fast-fashion giant Shein. The move comes amid growing concerns over the company’s sale of child-like sex dolls and illegal weapons through its online marketplace. France Moves to Ban Shein Over Illicit Products On November 5, 2025, France
-
Google to Unveil Largest-Ever Investment in Germany Next Week
BERLIN – Tech giant Google has announced plans to reveal its largest investment in Germany to date on Tuesday, in a joint event with German Finance Minister Lars Klingbeil. The announcement marks a major step in Google’s European expansion strategy, highlighting the company’s commitment to strengthening its footprint in one of the continent’s key technology
-
Snap Shares Surge 18% Following $400 Million Perplexity AI Partnership
SAN FRANCISCO / BENGALURU – Snap Inc. (SNAP.N) saw its shares jump 18% in premarket trading on Thursday after announcing a $400 million partnership with AI startup Perplexity, signaling renewed investor confidence in the social media company’s ability to compete in the artificial intelligence (AI) space. Following the news, Snap’s stock had already surged 16%
-
Tesla Shareholders Set to Vote on Record $878 Billion Musk Pay Package and Other Key Proposals
SAN FRANCISCO / AUSTIN, TEXAS – Tesla (TSLA.O) shareholders are set to vote Thursday on a proposed pay package that could make CEO Elon Musk the highest-paid executive in history, potentially earning up to $878 billion if ambitious company milestones are met. The vote takes place at Tesla’s Austin factory during the annual general meeting,
-
Diageo Lowers 2026 Forecast Amid Weak US and China Demand, CEO Vacancy Persists
LONDON / BENGALURU – Global spirits giant Diageo (DGE.L) has trimmed its 2026 sales and profit forecast due to slowing demand in the United States and China, while leaving the company without a permanent CEO following the departure of Debra Crew in July. The announcement triggered a 3.5% drop in Diageo shares, erasing gains and
-
Germany’s BaFin Imposes Record $52 Million Fine on JPMorgan Over Money-Laundering Lapses
FRANKFURT – Germany’s financial regulator, BaFin, has handed JPMorgan SE its largest-ever penalty, fining the Frankfurt-based bank €45 million ($52.5 million) for deficiencies in money-laundering prevention. The fine relates to historical shortcomings in the bank’s filing of suspicious activity reports (SARs) between October 2021 and September 2022. Details of the Fine BaFin stated that JPMorgan
-
DuPont Raises 2025 Profit Forecast Amid Strong Electronics, Healthcare, and Water Demand
GENEVA / BENGALURU – Industrial materials giant DuPont (DD.N) has raised its full-year core earnings forecast and announced a $2 billion share repurchase plan following a strong third-quarter performance that exceeded Wall Street expectations. The results were driven by robust demand in electronics, healthcare, and water markets, highlighting the company’s strategic shift toward high-growth sectors.
-
Bombardier Reports 11% Revenue Growth Driven by Higher Deliveries and Service Demand
MONTREAL – Canadian business jet manufacturer Bombardier (BBDb.TO) reported an 11% increase in third-quarter revenue, fueled by stronger demand for aftermarket services and the delivery of more aircraft than the same period last year. The results underscore the growing appetite for private aviation as both individuals and corporations seek premium air travel options. Revenue Growth
-
Major Investors Urge UK Chancellor Rachel Reeves to Double Fiscal Buffer Ahead of November Budget
LONDON – Leading investors managing over $5 trillion in assets are urging British Chancellor of the Exchequer Rachel Reeves to significantly increase the UK’s fiscal buffer to better protect the economy against potential shocks. With her November 26 budget approaching, investors are calling for the fiscal headroom to be raised from its historically low level
Recent Posts
- Real Madrid Top Earners Globally as Liverpool Surpasses Manchester United
- Andoni Iraola’s Future at Bournemouth Remains Uncertain Amid Transfer and Contract Questions
- “Over 5,000 Men Want to Marry Me” — Nkechi Blessing Cries Out Over DM Flood
- Fela’s Daughter Fires Back at Wizkid Amid Seun Kuti Feud
- Chioma Sparks Reactions With Humorous Response to Unwanted DMs
Hi, this is a comment. To get started with moderating, editing, and deleting comments, please visit the Comments screen in…