Fintech firm Klarna halves net loss in first quarter as it races toward profitability
The results show that Klarna is making “significant strides” toward profitability on a monthly basis by the second half of 2023, the firm said.
French riot police fire tear gas at climate protesters outside TotalEnergies shareholder meeting
French police on Friday fired tear gas at climate activists who tried to prevent the annual general meeting of oil giant TotalEnergies.
A U.S. recession would be ‘good news’ for markets, strategist says
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.
U.S., China’s top commerce officials meet to discuss trade concerns
The meeting between Secretary of Commerce Gina Raimondo and her Chinese counterpart Wang Wentao marks the first cabinet-level U.S-China exchange in months.
China’s gambling hub opens $2 billion resort with a giant copy of London’s Big Ben
Macao — often referred to as the Las Vegas of Asia — has added yet another luxury casino resort to the Cotai Strip. And this time it’s a British-themed one.
As China and the U.S. redefine geopolitics, Europe faces a win-win situation
European officials have preferred to take a softer approach to Beijing than that of the Biden administration.
Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in U.S.
Hyundai and LGES said construction in Georgia will begin in the second half of 2023, with battery production starting at the end of 2025 at the earliest.
TikTok Shop, a rising threat to Shopee and Lazada in Southeast Asia
TikTok Shop poses a threat to e-commerce players such as Shopee and Lazada in Southeast Asia as it pushes aggressively into the region.
German authorities looking into possible data protection violations by Tesla, newspaper reports
Handelsblatt’s report said the U.S. electric car manufacturer has failed to adequately protect data from customers, employees and business partners.
This Singaporean couple runs a side business preserving dead animals — and it’s bringing in 5 figures a month
“Serving animals, whether alive or the dead, is very meaningful to me … Through taxidermy, I help [pet owners] with their grieving,” said Vivian Tham.
