Nokia phone maker launches Barbie handset for $130 — with no internet
HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls and texts — but no internet.
Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger
Reliance-Disney aims to create India’s biggest entertainment player to compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services.
Libya’s power divisions could once more fracture its oil output – as markets question for how long
A tussle over the Libyan central bank’s leadership has led the country’s eastern administration to declare the shutdown of key oilfields.
Shares of Abercrombie & Fitch plunge 15% after CEO warns of ‘increasingly uncertain environment’
Abercrombie & Fitch has become one of Wall Street’s biggest retail winners and the company plans to keep up the growth by expanding into international markets.
UK’s Starmer, Germany’s Scholz seek to strengthen ties in post-Brexit reset
U.K. Prime Minister Keir Starmer and German Chancellor Olaf Scholz met in Berlin on Wednesday for discussions about a bilateral agreement.
Foot Locker shares drop 10% despite first comparable sales growth in six quarters
Foot Locker has spent two years transforming its business, and it’s now seeing sales and margins expand, indicating its efforts are finally starting to work.
Goldman issues warning on how quickly market confidence has recovered from an August stocks slump
The speedy return of market confidence following a global sell-off in risky assets should be seen as a cause for concern, according to Goldman Sachs.
U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up
The Sangdong Mine, owned by a subsidiary of Canada-based Almonty Industries, is set to resume operations this year.
China’s state media: Canada is ‘shooting itself in the foot’ with new EV tariffs
On Monday, Canada announced that it would import 100% tariffs on China-made electric vehicles, effective Oct. 1.
Lego revenue jumps 13% in first half of 2024, boosted by Lego Fortnite and diverse brick sets
Lego said revenue during the first six months of the year jumped 13%, reaching 31 billion Danish krone, or about $4.65 billion.
