Shein’s Hong Kong IPO Signals Fast Fashion’s Global Shift
The Chinese chain of fast-fashion production Shein is ready to transform the planetwide retail industry on a journey of an IPO at ex-secretive looks in Hong Kong. This is a…
Intel Cuts 15,000 Jobs to Navigate Semiconductor Slump
In June 2025, Intel also confirmed a restructuring plan to eliminate 15,000 employees (or 15 percent of its worldwide staff) in an ambitious cost-reduction program. The layoff, which targets its…
Boeing Strike Halts 737 MAX Production Amid Wage Dispute
On June 16, 2025, Boeing was caught in a key strike by more than 33,000 workers in Seattle, who demanded better salaries and pensions. The International Association of Machinists and…
Samsung Faces Historic Strike in South Korea Over Wage Disputes
With thousands of unionised workers pressing two-day strikes, South Korea is experiencing its first-ever big strike between Samsung Electronics workers because the company has failed to offer them improved wages…
BioNTech Acquires CureVac in Bold $1.25 Billion Deal
CureVac NV has been acquired by BioNTech SE, the huge biotech company based in Germany, at a price of up to 1.25 billion dollars in a stock exchange deal. It…
Intel Slashes Jobs in Major Restructuring Push
On June 14, 2025, Intel announced layoffs that affected thousands of workers worldwide. The chip manufacturer intends to minimize costs as sales hit weakly and increased competition among its competitors,…
Boeing’s 787 Crisis Shakes Global Aviation
The shares of Boeing fell dramatically today when a devastating crash of a Boeing 787-8 Dreamliner of Air India occurred in Ahmedabad, killing 270 people in the process. The incident,…
Republicans Slam Democrats Over Medicaid Funds in Big Beautiful Bill Clash
Sparks flew on the floor of the House today as Representatives Lloyd Smucker and Scott Bessent launched a sharp attack on Democrats because they are opposing the One Big Beautiful…
Trump’s Trade Deal Victory Shaun Rein Exposes the Truth
On June 12, 2025, business analyst Shaun Rein lifted the veils off President Donald Trump’s dramatic declaration that the U.S.-China trade war was a done deal. His remarks create a…
European Banks Facilitate Russian Gas Payments Amid Sanctions
The western banks that have branches in Russia are silently making sure that the natural gas supply of Russia to Europe is kept going, by going through an intricate maze…