Business News

Five years ago, Klaus Schwab, the founder and executive chairman of the World Economic Forum, penned the Davos Manifesto stating, “The purpose of a company is to engage all its stakeholders in shared and sustained value creation.” Today, we are approaching a pivotal moment for stakeholder capitalism. Schwab is expected to step down by early … Read more

The Competition Commission of India on Tuesday approved Alphabet’s subsidiary Shoreline International Holdings LLC to acquire a stake in Walmart-owned company Flipkart. Shoreline International Holdings is a wholly-owned subsidiary of Alphabet Inc., the parent company of Google. It is a holding company and does not own or operate any Google products or services. “The proposed … Read more

W. P. Carey (NYSE:WPC) shares snapped seven straight sessions of gains, as the stock moved 1.4% lower at $56.72 on Tuesday. The net lease REIT added 3.2% in the preceding seven sessions. The stock has dropped nearly 12% so far this year, compared to an over

Varney & Co. host Stuart Varney discussed President-elect Trumps plans for a dramatic transformation of the U.S. government. During his “My Take,” Tuesday, “Varney & Co.” host Stuart Varney discussed how President-elect Trump is dramatically transforming the way the U.S. government operates, arguing the nation is about to head in a different direction, because that’s … Read more

Investing.com — The Department of Justice’s (DoJ) antitrust case against Google (NASDAQ:) could have significant implications for Appl, despite the tech giant not being directly involved, Barclays (LON:) analysts said in a recent note. At the center of the issue is Google’s Traffic Acquisition Cost (TAC), which represents payments to platforms like Apple (NASDAQ:) for driving … Read more

Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Vauxhall owner Stellantis plans to shut its van factory in Luton, putting about 1,100 jobs at risk as the company creates an all-electric manufacturing hub at its other UK factory at Ellesmere Port.  The company said … Read more

Forget the debate on whether pineapple should be on top of a pizza. How do you feel about bullfrogs? Chinese Pizza Hut locations are offering a special pie, which features a deep-fried frog, along with a hard-boiled egg, cut in half, and two black olives. It’s all served atop a bed of parsley in red … Read more

Nita Ambani, the owner of the Mumbai Indians, was over the moon with regard to the Indian Premier League’s franchise’s latest acquisitions during the IPL auction held in Jeddah on Monday.  Speaking on the occasion, she highlighted the franchise’s commitment to nurturing young talent and expressed gratitude towards the team for their unwavering support. “Mega … Read more