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Investing

Asides

AstraZeneca paying up to $2 billion for experimental obesity pill – as weight loss drug market grows

The drug is similar to Ozempic, which is commonly used for diabetes and weight loss.

  • By Ty Roush
  • Forbes Staff

Apple may be forced to pay $14 billion in EU taxes after legal setback

The EU’s case against Apple argued that the company had received a special deal from the Irish government that lowered its tax liability of 0.005% and gave it an unfair advantage.

  • By Siladitya Ray
  • Forbes Staff

Aussie anti-plastic company Phantm raises $2m and eyes global expansion

The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.

  • By Shivaune Field
  • Business Journalist

Adidas could write off value of unsold Yeezy stock – worth $500 million

Chief executive Bjorn Gulden said the scenario is “financially the worst case.”

  • By Ty Roush
  • Forbes Staff

$58 billion: World’s most valuable fashion brands for 2023

As revenue in the fashion market grows, new research into social media data and Google search results has revealed Nike to be the world’s most valuable brand.

  • By Anastasia Santoreneos
  • Journalist & List Editor

WeBankrupt: 15 notable companies to go under since 2022

WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.

  • By Derek Saul
  • Forbes Staff

WeWork shares halted amid reports of bankruptcy

Shares for the office-sharing company have fallen nearly 99% this year.

  • By Ty Roush
  • Forbes Staff

Elon Musk says new AI chatbot Grok will rival ChatGPT

Musk debuted xAI’s AI chatbot Grok over the weekend, though it is in a “very early beta” stage and only available to certain X subscribers.

  • By Robert Hart
  • Forbes Staff

Rinehart could be the world’s first lithium queen

She’s not there yet but iron ore billionaire Gina Rinehart is on her way to being crowned the world’s first lithium queen.

  • By Tim Treadgold - Contributor

Get ready for a Melbourne Cup day rate rise

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

  • By Stewart Hawkins
  • Managing Editor
Newer Posts 1 2 … 87 88 89 … 153 154 Older Posts
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