A Cheap Tool Enabling Companies To Make Dubious "Net Zero" Claims.
Go Deeper (2 min read)Apple's Ads Push
Apple wants to roughly double the personnel in its rapidly expanding digital advertising business. According to recruitment websites, the iPhone manufacturer's ad platforms team consists of roughly 250 employees.
Go Deeper (2 min read)Volkswagen To Go Ahead With The Porsche IPO
Volkswagen and Porsche Automobil Holding SE, the Porsche family holding and the company's largest shareholder, announced their intention to proceed with the IPO of Porsche AG.
Go Deeper (2 min read)The Walt Disney Company is an American entertainment company active in mass media and entertainment. The company is headquartered at the Walt Disney Studios complex in Burbank, California.
Go Deeper (8 min read)Oil Prices Fall On Recession Fears
Oil prices dropped by about 8% over the last two days and experienced their third consecutive monthly dip, indicating that anxieties about the recession are taking precedence over worries about the declining availability of petroleum at home and abroad.
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Shopify's Growth Comes To A Halt
Shopify's platform is now being avoided by companies hurt by rising prices and decreasing consumer spending, which is impeding its efforts to correct previous errors in overestimating e-commerce demand.
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Chip Demand Falls Sharply
The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
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CBRE, The Real Estate Giant
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with $27.7 billion in revenue and $141.9 billion in AuM as of Dec. 31, 2021.
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Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.
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China's Economy Showing Cracks
Economic pressures on China continue to be a drag on stutturing global economy as China's primary economic pillars release in July showed weaknesses in the manufacturing and crucial real estate industry.
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Dollar Stores Benefit From Inflation
As a result of rising prices, many families claim that forgoing vacations and eating out is no longer enough to keep their budget balanced. They are now looking for measures to reduce the price of necessities as long as inflation is high.
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