business news

Billionaire Reinold Geiger Nears Acquisition of L’Occitane in $7 Billion Deal

Summary: L’Occitane International SA's potential buyout by billionaire Reinold Geiger could reshape the skincare industry. Here's an in-depth look at…

2 months ago

Korean Air Opts for Airbus Over Boeing in $14 Billion Aircraft Deal

In a significant move reshaping the aviation landscape, Korean Air Lines Co. has opted to diversify its aircraft procurement, favoring…

3 months ago

Alibaba’s Resilience: Cofounders’ $200M Boost Drives $13B Market Value Surge!

In a truly impressive display of confidence, Alibaba, the prominent Chinese e-commerce giant, has witnessed a staggering $13 billion surge…

5 months ago

ImpactWealth Recap: Year in Review – Top Business Stories of 2023

Top Business Stories of 2023: 2023 witnessed a seismic shift across various business realms, shaping the economic landscape in multiple…

7 months ago

Swiss Bank UBS to Cut 3,000 Jobs After Record $29 Billion Profit

Swiss Bank UBS Plans Job Cuts Despite Historic Quarterly Profit: UBS is set to slash 3,000 jobs despite its record-breaking…

10 months ago