Nestlé SA is planning to cut around 16,000 jobs globally as part of a two-year restructuring effort led by its new Chief Executive Officer, Philipp Navratil. The layoffs, representing roughly 6% of the company’s workforce, Bloomberg reports, come as the Swiss food giant aims to adapt to shifting consumer habits,…
Singapore’s sovereign wealth fund, GIC, has taken legal action against Chinese electric vehicle maker Nio Inc., accusing it of…
The brief and brilliant rally that graced European markets has come to an abrupt and jarring end. The powerful…
Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a sharp rise in quarterly profit, underscoring how artificial intelligence (AI) is…
Barclays share price has moved sideways this week as investors focus on the ongoing earnings by its biggest American…
Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US…
Even as gold prices continue to hit new record highs every trading day, the rally might still have some…
A powerful and dazzling rally in the world of high fashion has sent European markets soaring on Wednesday, as…
If you have ever wondered how some traders are making smart moves even when the market feels unpredictable, the…