In a significant development within the global retail landscape, retail giant Walmart buys Tiger Global's Flipkart stake , India's leading e-commerce platform, for an impressive $1.4 billion. This strategic acquisition underscores Walmart's commitment to expanding its digital footprint and solidifying its position in the fiercely competitive online retail market....

In a surprising turn of events, the United States dollar falls and reaching its lowest level since April 2022. The dollar's slide has grabbed the attention of global financial markets, prompting concerns about its long-term stability and potential consequences for the world economy. In this article, we will delve...

In a stunning turn of events, Jack Ma, the prominent Chinese entrepreneur and founder of Ant Group and Alibaba, has faced a significant setback as his clash with Beijing Costs Ant has resulted in a staggering loss of $850 billion for his companies. This astonishing turn of events marks...

In a move aimed at stimulating economic growth and supporting businesses, several major banks in China have decided to cut rates on corporate dollar deposits. The decision, which affects a staggering $453 billion in deposits, is expected to provide relief to companies and encourage borrowing for investment and expansion....

In a remarkable milestone, tech giant Apple has surpassed a $3 trillion market value, solidifying its position as the world's most valuable publicly traded company. The achievement underscores Apple's enduring success and highlights the significant impact it has had on the technology and consumer electronics industries. The journey to...

The Securities and Exchange Commission SEC fines JPMorgan subsidiary after it was discovered that the company had deleted approximately 47 million emails, with some of them being relevant to ongoing SEC's investigations and subpoenas. This incident raises serious concerns about compliance and the preservation of crucial evidence in the...

The United States has reached a significant milestone in its financial history as the us national debt has surpassed $32 trillion for the first time. This alarming figure raises concerns about the long-term implications and sustainability of the country's fiscal policies. The rapidly accumulating debt has far-reaching consequences that...