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Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
Stock

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Stock

Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
Economy

South Korea’s acting president moves to reassure allies, calm markets after impeachment

By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies…
Economy

Saudi Arabia’s inflation reaches 2% in November

RIYADH (Reuters) – Saudi Arabia’s annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9% in October, according…
Economy

TD Cowen 2025 view: Breaking down AI’s impact on multiple levels

Investing.com — Artificial intelligence (AI) technology is expected to profoundly transform the global economy in the coming years, with the U.S. at…
Economy

How consumers and business might be impacted by potentially sweeping tariffs

Investing.com — The introduction of potentially sweeping tariffs could significantly reshape the economic landscape for both consumers and businesses, as flagged by…
Economy

Analysis-Macron has a new prime minister but the same old problems

By Michel Rose PARIS (Reuters) – When veteran centrist Francois Bayrou, France’s new prime minister, was education minister in the 1990s, his…
Stock

Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications?

Investing.com — President-elect Donald Trump has announced his intention to elevate current FTC Commissioner Andrew Ferguson to the role of Chairman, with…
Stock

5 big analyst AI moves: Nvida’s next stop is $160-170; AMD, Adobe downgraded

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get…
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