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Sony Interactive Entertainment to face $8 billion lawsuit over PlayStation Store…
In a significant legal development, Sony Interactive Entertainment faces a landmark lawsuit in the United Kingdom,…
Gold nears $2,000 as Fed rate hike pause boosts appeal
In a notable turn of market dynamics, gold prices are steadfastly maintaining their position near the pivotal…
Alibaba’s cloud business U-turn triggers $20 billion market fallout
In a surprising turn of events, Chinese e-commerce juggernaut Alibaba Group Holding Ltd. has set off shockwaves in…
Oil gains ground as OPEC report highlights steady demand
In the aftermath of the Organization of the Petroleum Exporting Countries (OPEC) issuing a report indicating robust…
Chinese generosity unmasked as Pakistan drowns in stealth debt
The strategic alliance between China and Pakistan, especially in economic arenas, has recently come under scrutiny.…
WeWork’s financial freefall from $47 billion to bankruptcy
WeWork, once a high-flying startup with a $47 billion valuation, has succumbed to the pressures of the turbulent…
KKR to absorb Telecom Italia’s debt in €18.8 billion acquisition
In a seismic shift for Italy’s communications landscape, Telecom Italia’s board has given the green light to an…
Japan rolls out $113 billion economic plan amid rising inflation.
As inflationary pressures continue to mount, the Japanese government, in a decisive move, has rolled out a…
UK unveils plans for comprehensive crypto regulation by 2024
The United Kingdom has made its intentions clear to establish a solid foundation for the cryptocurrency industry.…
Shares of Siemens Energy nosedive 35 percent post government aid request
In a dramatic market response, Siemens Energy saw its shares plummet by 35% on Thursday, subsequent to its appeal…