The fast-fashion retailer filed for chapter 11 after a failed turnaround effort by its owners, a consortium of shopping-mall landlords and brand manager Authentic Brands Group.
The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.
The U.S.-listed riding hailing company’s CFO said that improved internal operational efficiencies have allowed some jobs to be redeployed to other areas of the business.
The Hong Kong Special Administrative Region Government described the tariffs as “unreasonable measures” and “grossly inconsistent with the relevant WTO rules.”
Chinese e-commerce giant Alibaba released a new version of its artificial intelligence model which it claims surpasses DeepSeek’s AI model across various benchmarks.