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Business

Seven & i Holdings Announces $13.2 Billion Share Buyback and Plans for 7-Eleven IPO

Seven & i Holdings plans a $13.2 billion share buyback and aims to list 7-Eleven Inc. by 2026, while divesting its superstore division and appointing a new CEO.

Business

JD.com Surges with a 13.4% Revenue Increase to $147.5B in Q4 2024

JD.com Inc. reports a 13.4% increase in Q4 net revenue for fiscal 2024, reaching $147.5 billion. The company sees significant growth in net income per ADS and operational income, w...

Business

JD.com Achieves Stunning $147.5B Revenue in Q4, Marking a 13.4% Surge

JD.com reports a 13.4% increase in Q4 net revenue for fiscal 2024, reaching 347.0 billion yuan (~$147.5 billion), with significant growth in net income per ADS and operational inco...

Business

Tesla's Ambitious India Venture: Challenges and Opportunities Ahead

Sajjan Jindal doubts Tesla's easy success in India, highlighting the stronghold of domestic manufacturers like Tata Motors and Mahindra & Mahindra. With Tesla's entry, domestic man...

Business

Lufthansa Soars to Record Revenue: A 7.8% Q4 Surge to €9.4B

Deutsche Lufthansa AG reports a 7.8% increase in Q4 revenue to €9.4 billion, contributing to a record annual revenue of €37.6 billion. Despite a significant surge in Q4 earnings pe...

Business

7-Eleven Parent Company Unveils Massive $13.2B Buyback and IPO Plan for North American Arm

Seven & i Holdings announces a $13.2 billion share buyback, plans for an IPO of its North American subsidiary 7-Eleven Inc., and the sale of its superstore division to Bain Capital...

Business

Revolutionizing Promotions: Indian Railways Adopts Computer-Based Tests for Fair Assessments

Indian Railways is set to revolutionize its promotion exams by implementing Computer Based Tests (CBT) to ensure fairness and transparency. With enhanced security measures and a pr...

Business

Lufthansa Soars to Record Revenue in 2024, Q4 Earnings Jump by 7.8%

Deutsche Lufthansa AG reports a 7.8% increase in Q4 revenue to €9.4 billion, with a record full-year revenue of €37.6 billion for 2024. The company anticipates a 4% capacity growth...