UBS Q1 net profit goes down by 52%
UBS Group’s year-on-year net profit in the first quarter of 2023 has declined by 52 percent, reaching $1.03…
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Barbie manufacturer Mattel introduces new doll with Down syndrome
Mattel, the manufacturer of Barbie dolls, has introduced its latest release on Tuesday, a Barbie doll with Down…
Netflix set to invest $2.5 bln in South Korean films and shows
Netflix announced its plans to invest $2.5 billion in future South Korean films and TV shows over the next four…
Twitter’s chaotic verification check drama
Twitter has cancelled its legacy verifications by removing the blue check marks of celebrities and notable figures…
Disney is set to start a second wave of layoffs
Walt Disney Co will be starting its second wave of layoffs from Monday through Thursday, as part of the company’s…
Russian Sberbank launches ChatGPT rival, GigaChat
Russian bank, Sberbank, has released its own version of ChatGPT, called GigaChat, which is currently in an invite…
ECB calls out bank’s lack of climate risks transparency
The European Central Bank (ECB) has published its third assessment of the progress European banks have made in…
Taylor Swift to gain $500 mln from Eras Tour
Since American singer-songwriter, Taylor Swift, announced the U.S. leg of her tour, the Eras Tour, last November,…
Penthouse featured in Succession on sale for $29 mln
A penthouse featured in the Emmy Award winning show, Succession, is on sale for $29 million, Sky News has reported…
Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond, the home goods retailer founded in 1971, has filed for bankruptcy on Sunday.