The Japanese economy is growing far faster than projected.
During the era, the world’s third largest economy saw its Gross Domestic Product (GDP) expand by 6% on an annualized basis. It is over twice the rate of growth predicted by experts and represents the largest increase in nearly three…
Zuckerberg says Musk’s idea of a cage fight is “not serious.”
Mark Zuckerberg has said that Elon Musk’s plan to hold a cage fight is “not serious” and that “it’s time to move on.” In a post on his social media site Threads, the head of Meta said he had offered…
Versace’s owner will be taken over in a $8.5 billion deal.
Tapestry, the luxury goods conglomerate, is buying Versace’s parent company for $8.5 billion (£6.7 billion). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being acquired by Tapestry, which has its own high-end brands including as Coach. Tapestry…
Amazon reminds employees to return to work.
After their attendance was recorded, Amazon employees in the United States received a warning notice from the company for not spending enough time in the office. Some employees were informed that they were “not currently meeting our expectation of joining…
Country Garden, a Chinese property developer, has predicted a loss of up to $7.6 billion.
Country Garden, one of China’s largest property developers, has warned that it could lose up to $7.6 billion (£6 billion) in the first six months of the year. The announcement is the latest indication of the world’s second largest economy’s…
Housing costs drive up US inflation in July.
According to the Labor Department, the rate of inflation was 3.2% in the year to July, led by rising housing, motor insurance, and food expenses. This was an increase from the previous month’s rate of 3%, which was the lowest…
TUI: Heatwaves are likely to influence where and when we vacation.
According to TUI’s CEO, heatwaves and climate change may cause consumers to take their vacations in the spring or autumn and prefer cooler areas. According to Sebastian Ebel, CEO of the tour company, holidaymakers may choose to visit Greece in…
WeWork: Shares fall as the company raises’substantial question’ about its future
In extended trading in New York, the company’s shares dropped by about 24%. The company also stated that its management needs to raise extra funds to keep the company afloat for the next 12 months. WeWork, which is backed by…
China’s exports drop the most they have in three years.
Last month, China’s imports and exports fell more than expected, and this made it harder for the world’s second-largest economy to get back on its feet. In July, exports were 14.5% lower than they were a year earlier, and imports…
Zoom tells workers to go back to work
The company said that it thought a “structured hybrid approach” was the best way to work and that people who lived within 50 miles (80 km) of an office should come in at least twice a week. It is the…
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