Adidas and Beyonce Part Ways: What Happened and What’s Next?
Adidas has reportedly ended its fashion collaboration with Beyoncé, according to sources familiar with the matter. The German sportswear giant...
Zerodha’s FY23 Profit Forecast: Up 12%, Despite Potential Intraday Trading Charge Hikes
A recent report by HDFC Securities projects that Zerodha will earn a profit-after-tax of Rs 2,354 crore in FY23, marking...
World Bank warns of global economic slowdown to 30-year low by 2030
According to a report by the World Bank titled "Falling Long-Term Growth Prospects: Trends, Expectations, and Policies," the global economy...
Lyft Appoints New CEO as Ride-Hailing Firm Faces Increasing Pressure
On Monday, ride-hailing firm Lyft announced that its founders, Logan Green and John Zimmer, would step down from their positions...
IRS Agent Visits Home of Journalist Matt Taibbi After Congressional Testimony
The recent visit of an IRS agent to journalist Matt Taibbi's home on March 9, the same day he testified...
Chipotle Forced to Admit Wrongdoing in Closing Unionizing Store
According to the Chipotle Union, a store in Augusta, Maine, shut down after employees expressed interest in unionizing. As a...
Swiss regulator considers disciplinary action against Credit Suisse
Swiss financial regulator FINMA is reportedly considering disciplinary action against Credit Suisse managers following the bank's rescue by UBS last...
Jerome Powell reassures depositors after $100 billion withdrawals from US banks
US regulators have conducted a closed meeting of the Financial Stability Oversight Council to discuss the recent withdrawal of $98.4...
Saudi National Bank reshuffles leadership following Credit Suisse investment setback
Saudi National Bank (SNB), the largest shareholder in Credit Suisse (CS) before the Swiss bank's recent rescue, has announced the...
First Citizens Acquires Silicon Valley Bank with Regulatory Backing
On Monday, U.S. regulators announced their support for First Citizens BancShares, a regional lender, to acquire Silicon Valley Bank which...