Rightmove (LSE: RMV)- UK’s largest online real estate portal has long been a major feature of the country’s property search market, with a 86% share, yet, while the business boasts of remarkable fundamentals, its stock price has remained stagnant over the past five years, underperforming the FTSE 100. While the…
The US auto market roared back to life in 2024, with new-car sales reaching their highest level since 2019, fueled by a combination of replenished inventories and enticing incentives. Analysts estimate that sales will surpass 15.8 million vehicles, marking a significant rebound from the pandemic lows. This strong performance saw…
This first week of the year 2025 Latin America continues to expand in terms of the cryptocurrency scene. The Panama Blockchain Week 2025 has already been scheduled, as Avelacom expands its operations in Mexico and the United States. LATAM is preparing for an exciting event as Panama gears up to…
Papa John’s, one of the largest pizza chains in the world, has refocused its strategy for entering India’s competitive foodservice market, now eyeing a 2025 launch. The decision comes after a year-long delay from the original 2024 timeline, signalling a more calculated approach as the brand seeks to differentiate itself…
Health-tech services provider Sagility India made its debut on the bourses in November, and its share price has not ceased to create a buzz ever since. On Friday, the company’s shares were locked in a 5% upper circuit on BSE at Rs 52.84 per share. The stock hit the upper…
President Joe Biden has reportedly decided to block Nippon Steel’s proposed $15 billion acquisition of US Steel, according to the Washington Post on Thursday, citing unnamed administration officials unauthorized to discuss the matter publicly. Earlier, the Committee on Foreign Investment in the United States (CFIUS) referred the matter to the…
Indian benchmark indices Sensex and Nifty slumped sharply on January 3, snapping their two-day winning streak as weakness in IT and private banking stocks weighed on sentiment. This pullback follows a strong session earlier, where the indices posted their best gains in six weeks. Weak global cues also contributed to…
The planned $8.4 billion merger between Skydance Media and Paramount Global has sparked debates over its potential to redefine the competitive landscape of US media. While the proposal has faced significant opposition from critics citing regulatory and ethical concerns, the deal also holds implications for Hollywood’s future amid mounting global…
In a significant shakeup at Meta Platforms, Joel Kaplan has been named the new chief global affairs officer, succeeding Nick Clegg. Kaplan’s promotion comes amidst heightened scrutiny of Meta’s role in shaping public discourse and its contentious relationship with global policymakers. As a veteran Republican operative and former deputy chief…
The duty-free shopping haven of Hainan, China’s island province known for its luxury boutiques and pristine beaches, saw a dramatic decline in spending last year, dealing a significant blow to ambitions of transforming the area into a global retail hotspot. Spending on duty-free goods plunged by 29.3% to 30.94 billion…