BUSINESS

GM Shares Soar on Strong Q3 Profits Amid EV Strategy Shift

General Motors CEO Mary Barra has shifted investment away from electric vehicles in response to the policies under President Donald Trump
General Motors reported stronger-than-expected Q3 profits despite a $1.6 billion EV investment write-down and $1.1 billion in tariff costs. CEO Mary Barra's strategy pivot toward gasoline-powered vehicles and US plant investments drives a positive outlook, sending shares up over 15 percent.
Adidas posted record quarterly revenues in the July through September period

Adidas Revenue Hits All-Time High Amid US Tariff Challenges

Adidas posts record third-quarter revenue of €6.63 billion, driven by brand momentum and successful tariff mitigation. The German sportswear giant raises its 2025 earnings forecast to €2 billion, signaling strong recovery after the Yeezy disruption and robust global sales performance.
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Seamus Synnott

Traders Wanted: No Résumé, No Suit, Just Results

In the gilded world of finance, it's usually who you know, not how well you trade. FundedX is betting on the opposite. FundedX was founded by Adrian Mudronja, with operations now led by CEO Seamus Synnott, who sounds more like a coach than a corporate boss.
Jastine Beatrice Yap Aug 01, 2025
The Golden Duck Co.

The Golden Duck Co. Delivers a Snack Upgrade Australia Didn't Know It Needed

When Jonathan Shen and Chris Hwang first started experimenting with handmade snacks out of a tiny DIY pop-up booth in Singapore, they never imagined one of their biggest wins would come years later, in the form of a nationwide rollout in Australia across 650 Woolworths and Metro stores.
Matt Emma Jul 29, 2025
Beyond the Squeeze: How These Shapermint Favorites Are Redefining Shapewear

Beyond the Squeeze: How These Shapermint Favorites Are Redefining Shapewear

Shapewear has long been shadowed by misconceptions—most notably, that it's uncomfortable, restrictive, and only for special occasions. However, these shapewear myths are being confidently challenged by brands like Shapermint, which are redefining what shaping essentials can be.
Matt Emma Jul 16, 2025
Ripple's CBC Partnerships: Potential XRP Price Surge

Central Bank Alliances Ignite: Will Ripple's CBDC Push Propel XRP Higher?

When Ripple CEO Brad Garlinghouse shared in June 2025 that the company had forged five new central bank digital currency (CBDC) partnerships in just Q2, it marked a defining moment. Suddenly, XRP, often seen as a speculative altcoin, was at the center of a global fintech revolution.
William Jones Jul 16, 2025
Perth Home Brokers Offers Personalised Solutions for Every Client

Perth Home Brokers Offers Personalised Solutions for Every Client

Perth's skyline is getting a new star as Nitesh Jha reimagines every homeowner's buying journey. As the founder and chief executive officer (CEO) of Perth Home Brokers, Jha has made it his mission to simplify the process for first buyers.
MJ Toledo Jun 12, 2025
SoftBank Group has been actively investing in AI under its flamboyant founder and CEO Masayoshi Son (R)

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.
AFP news May 13, 2025
US Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer hailed 'substantial progress' in the trade talks with China

Markets Rally After China, US Slash Tariffs

Stock markets, the dollar and oil prices rallied Monday after Chinese and US officials slashed tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets.
AFP news May 12, 2025
Donald Trump said he would announce a 'a major trade deal' with 'a big, and highly respected, country' later in the day

Stocks Rise As Trump Signals US-UK 'Trade Deal'

Stock markets and the dollar rose Thursday as US President Donald Trump touted plans to unveil a "major trade deal" with Britain, boosting hopes for other countries' tariff negotiations.
AFP news May 08, 2025

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