Business
Temu and Shein Face U.S. Import Tax Crackdown After De Minimis Rule Ends
1 week ago
Temu and Shein Face U.S. Import Tax Crackdown After De Minimis Rule Ends
The U.S. de minimis exemption closure is forcing Temu and Shein to rethink logistics, pricing, and their entire cross-border business model.
Alibaba Courts Gulf Sovereign Funds as U.S. Tensions Linger
2 weeks ago
Alibaba Courts Gulf Sovereign Funds as U.S. Tensions Linger
Alibaba is actively courting Gulf sovereign wealth funds as U.S.-China tensions complicate Western capital relationships, offering cloud and logistics infrastructure access.
Kering Bets on Younger Buyers as Gucci Sales Slide Deepens
2 weeks ago
Kering Bets on Younger Buyers as Gucci Sales Slide Deepens
Kering is pushing Gucci toward younger buyers as sales continue to slide. Can a creative repositioning and digital push reverse the brand's prolonged slump?
Xiaomi’s EV Ambitions Put Pressure on BYD’s Budget Market
2 weeks ago
Xiaomi’s EV Ambitions Put Pressure on BYD’s Budget Market
Xiaomi's fast-selling SU7 and aggressive pricing plans are squeezing BYD in the budget EV segment, forcing repeated price cuts and raising brand questions.
Hyundai Bets on U.S. Steel Deals as Tariff Pressure Mounts
2 weeks ago
Hyundai Bets on U.S. Steel Deals as Tariff Pressure Mounts
Hyundai is securing U.S. steel supply deals to reduce tariff exposure and strengthen its domestic manufacturing credentials as trade pressure on auto imports intensifies.
Nestlé Quietly Exits Underperforming Brands as Activist Pressure Builds
2 weeks ago
Nestlé Quietly Exits Underperforming Brands as Activist Pressure Builds
Nestlé is selling off underperforming brands under pressure from activist investors, refocusing on pet care, coffee, and health nutrition to improve margins.
Adobe Faces Creative Cloud Revolt as AI Tools Undercut Subscriptions
2 weeks ago
Adobe Faces Creative Cloud Revolt as AI Tools Undercut Subscriptions
Adobe's Creative Cloud faces growing user defections as AI tools undercut its subscription value. Freelancers and mid-tier creators are finding cheaper alternatives that cover most of their workflow.
Shell Accelerates LNG Exit as European Energy Demand Shifts
2 weeks ago
Shell Accelerates LNG Exit as European Energy Demand Shifts
Shell is scaling back LNG contracts and infrastructure investment as European energy demand shifts toward renewables, redirecting capital into wind and hydrogen projects.
Softbank’s Masayoshi Son Doubles Down on U.S. AI Infrastructure Bets
2 weeks ago
Softbank’s Masayoshi Son Doubles Down on U.S. AI Infrastructure Bets
SoftBank's Masayoshi Son has pledged $100 billion into U.S. AI infrastructure, targeting data centers, Arm Holdings, and the physical layer of the AI buildout.
Mastercard and Visa Brace for Stablecoin Threat as Crypto Rails Expand
2 weeks ago
Mastercard and Visa Brace for Stablecoin Threat as Crypto Rails Expand
Stablecoins are threatening Visa and Mastercard's fee-based business model as crypto payment rails expand into cross-border and B2B transactions.