Brian Niccol is all set to step into his new role as Starbucks's CEO on September 9. As he takes over the charge, his top priority will be addressing the ongoing glitches in the company's mobile application.

New Starbucks CEO Brian Niccol Must Fix the Chain's Mobile App Problem

A Mississippi poultry processing plant will pay $164,814 in fines and implement additional safety measures under a settlement with the US Department of Labor reached after a 16-year-old boy died at the facility.

Mississippi poultry plant reaches settlement with OSHA after teen's death in 2023

Over the past seven trading days, the US markets delivered its best performance of 2024, powered by encouraging economic data that eased recession fears. The NASDAQ Composite surged over 5.

Insights for the week: Focus shifts to Fed’s Jackson Hole Interaction as Markets rebound

Big investors have positioned for this summer's rout in stocks to bleed into autumn on concerns that a broader wave of selling will follow the turmoil originated by US recession concerns and the Bank of Japan wrong-footing currency speculators.

Autumn market jitters intensify as investors brace for prolonged selloff

A property crisis continued, and weak consumption in the country dampened an economic recovery in July, with data released by the National Bureau of Statistics on Thursday.

China's fragile recovery falters as property crisis and weak consumption undermine economic momentum

Lenovo Group Ltd. posted better-than-expected quarterly profit, reinforcing hopes for a gradual recovery of the computing industry on the back of global AI spending.

Lenovo surpasses profit expectations as AI demand fuels PC market rebound

State investor Temasek Holdings of Singapore spent billions of dollars buying up stakes in US technology giants in the second quarter, just ahead of a sectorial decline in July.

Temasek invested billions in US tech stocks before July market downturn

In a special case of portfolio management, Warren Buffett, often referred to as the 'Oracle of Omaha' and the best investor of all time, has the same number of Apple and Coca Cola shares after reducing the tech stock holding by half.

Buffett now owns the same number of Apple and Coca-Cola shares

UBS CEO Sergio Ermotti, while speaking to CNBC on August 14, stated that while market volatility could rise in the latter half of the year, he does not foresee an imminent US recession.

UBS CEO warns of increased market volatility, downplays US recession risk 

Meta Platforms, the parent company of Facebook and Instagram, has shut down CrowdTangle—a tool used by a huge cross-section of users, ranging from researchers to watchdog organisations and journalists, notably to track how misinformation spreads on the company's platforms.

Meta's controversial CrowdTangle shutdown sparks outcry amid misinformation battle

A CK Infrastructure Holdings-led consortium has agreed to buy a portfolio of UK wind farms from the asset management arm of Aviva Plc, as the conglomerate backed by Hong Kong tycoon Victor Li considers London among second listing venues.

CKI's UK wind farm deal powers renewable push as London listing looms

The world's largest steel maker issued a warning about a crisis in the industry unfolding in China, carrying the potential to ripple around the globe and plunge the sector into a deeper downturn.

China issues stark warning of 'severe' steel crisis amid slowdown

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Zee News Rajasthan

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Hardik Bhardwaj

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