Overstock.com to Rebrand as Bed Bath & Beyond
Overstock.com is set to undergo a major transformation as it plans to rebrand itself as Bed Bath & Beyond. Following…
US Considers Tightening AI Chip Export Restrictions to China
Officials in the United States are contemplating stricter export regulations on artificial intelligence (AI) chips bound for China, focusing primarily…
Brazil’s Inflation Hits Lowest Level in Three Years, Fueling Speculation of Interest Rate Cuts
Inflation in Brazil has reached its lowest level in nearly three years, providing a glimmer of hope for the country’s…
Blackstone to Sell 14 Million Square Feet of Industrial Properties to Prologis for $3.1 Billion
Blackstone has agreed to sell 14 million square feet of industrial properties to Prologis Inc. for $3.1 billion in cash.…
Investors Commit up to $2bn to Support Wolfspeed Expansion
Investors, led by Apollo Global Management, have committed to investing between $1 billion and $2 billion in debt to support…
FTX Files Lawsuit Seeking $700 Million in Allegedly Misappropriated Investments
Defunct cryptocurrency exchange FTX has taken legal action to reclaim a staggering $700 million in funds that it claims were…
Honda Recalls 1.3 Million Vehicles Worldwide Over Rearview Camera Issue
Honda has announced a major recall of 1.3 million vehicles worldwide, citing a problem with the rearview camera. The recall…
Overstock Emerges as Winning Bidder for Bed Bath & Beyond Assets
Online retailer overstock.com has emerged as the winning bidder in an auction for a portion of Bed Bath & Beyond’s…
UBS to Cut Asia Investment Banking Positions at Credit Suisse Following Acquisition
UBS has announced its decision to eliminate several Asia investment banking positions at Credit Suisse. The move comes as part…
Qatar Strengthens Energy Ties with China, Secures Major Gas Supply Agreement
In a move that solidifies their energy partnership, Qatar has secured a second significant gas supply agreement with a Chinese…