Blog #Business Trends

Kevin O’Leary, a "Shark Tank" investor, announced plans to purchase TikTok as its future hinges on a Supreme Court decision regarding a federal law mandating its sale or ban by January 19.

Bridgewater Associates, the world’s largest hedge fund, dismissed approximately 7% of its workforce, totaling around 90 employees, to stay lean and maintain hiring flexibility.

Steve Diggle’s Vulpes Investment Management is preparing to capitalize on market volatility, aiming to raise up to $250 million from investors as early as the first quarter of 2025.

Guyana is actively clearing wreckage from its waterways to enhance navigation as ship traffic increases to support the growing oil sector.

South Africa is set to attract Chinese investment in its $27 billion automotive industry following the approval of a tax break for new-energy vehicle production.

President Joe Biden has decided to block Nippon Steel’s acquisition of U.S. Steel, a move that has sparked controversy over its impact on U.S.-Japan relations and national security.

Chinese leader Xi Jinping used his New Year’s address to project confidence amid Beijing’s economic challenges and growing tensions with the U.S., emphasizing resilience and a commitment to overcoming adversity.

Pan African Resources Plc has emerged as South Africa's best-performing miner this year, challenging the nation's reputation for expensive and declining gold production.

US stocks ended Friday with losses, capping a sluggish week despite a year of historic highs, as the Dow fell 333 points (0.78%), the S&P 500 dropped 1.1%, and the Nasdaq Composite declined 1.5%.

AT&T and Verizon have confirmed being targeted by the China-linked Salt Typhoon hacking operation, which aimed to extract intelligence on foreign political and intelligence figures.

Iron ore prices dropped below $100 a ton, hitting their lowest level in over five weeks, amid concerns about China's economic weakness.

Netflix's first major foray into live sports broadcasting with two NFL games on Christmas Day showcases its ambition to expand into live events.