BusinessUpdate

SHEIN Makes a Quiet Comeback to India in Partnership with Ambani Following 2020 Ban

2 months ago

In a surprising turn of events, fast-fashion giant SHEIN has returned to the Indian market due to a strategic partnership with billionaire Mukesh Ambani. This comeback comes nearly three years after the brand faced a ban due to compliance issues amid India's increasing scrutiny of foreign firms.

Lyft Boosts Earnings Forecast as Monthly Subscription Model Gains Traction Among Commuters

5 months ago

In a notable turnaround for the ride-sharing giant, Lyft has increased its earnings forecast for the upcoming quarter, thanks to the surging popularity of its monthly subscription service. This service has particularly attracted daily commuters, assisting Lyft in solidifying its position amid growing competition in the transportation sector.

WuXi AppTec's Upbeat Business Update Spurs Stock Despite US Bill Concerns

6 months ago

WuXi AppTec is the leading Chinese contract research organization that has recently given a very encouraging business outlook and has hiked its stock. This positive update also comes against the looming challenges presented by a new bill in the United States. This strong stock reaction is indicative of the investors' confidence in the strength and growth of the company amidst regulatory headwinds.