JD Sports Reports Positive Growth in Annual Sales Amid Challenging Market
Mar 28, 2024 09:44 am UTC| Business Sports
JD Sports announced a 3.6% increase in annual sales, reaching 10.5 billion pounds. Despite facing challenges in trading conditions, the company managed to maintain growth. The positive results were attributed to strategic...
Burger King Teases the Return of 'Fake Burger' in Japan
Mar 28, 2024 09:44 am UTC| Business
Burger King Japan Holdings Co., Ltd. teased the return of its Fake Burger sandwich menu by posting a pixelated image of a burger. This food item has been absent in BK stores for four years now, so the poster excites the...
Take-Two Interactive Buys Gearbox Entertainment Company From Embracer
Mar 28, 2024 09:01 am UTC| Business Technology
Take-Two Interactive Software Inc. announced it is acquiring Gearbox Entertainment, which the Embracer Group is slashing from its portfolio. The New York-based video game holding firm said the deal is valued at $460...
Toyota Motor's Global Sales Decline 7% in February
Mar 28, 2024 08:41 am UTC| Business
Toyota Motors global sales dropped 7% in February from a year earlier, impacted by various factors across key markets. Toyotas performance was notably affected by a sharp decline in China due to the Lunar Year holidays and...
Ally Financial Designates Michael Rhodes as CEO After Leaving Chief Role at Discover Financial
Mar 28, 2024 07:41 am UTC| Business
Ally Financial, a bank holding company headquartered in Detroit, Michigan, revealed it has selected its new chief executive officer based on the board of directors decision. It has named Michael Rhodes for the CEO role at...
Fox Announces Leadership Shake-Up, Company Restructuring for Its Fox Entertainment Studio
Mar 28, 2024 06:49 am UTC| Business Entertainment
Fox Corporation, an American mass media company, announced it placed its Fox Entertainment subsidiary under a restructuring scheme. The move will also involve a significant leadership shake-up within the...
E-Commerce Clash Escalates in S. Korea Between Coupang and AliExpress
Mar 28, 2024 06:41 am UTC| Business
Within hours of Coupangs announcement of a 3 trillion won investment plan to expand the Rocket Delivery service nationwide by 2027, AliExpress responded. The Alibaba Group-owned AliExpress extended its commission-free...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do