Hisense, a prominent Chinese home appliance manufacturer, has embarked on a strategic journey to solidify its presence in the U.S. market with an ambitious aim to become the leading television seller by 2025. In a recent interview with CNBC, Catherine Fang, the president of Hisense International, articulated the company’s determination to elevate its brand image.
Finance
In a significant move marking its first venture outside North America, Affirm has officially launched its buy now, pay later (BNPL) installment loans in the United Kingdom. Founded in 2012, Affirm has built a reputation as a leading American fintech company that provides consumers with flexible payment solutions, allowing them to manage their purchases over
As the investment landscape changes, firms continually adapt to the shifting appetites and concerns of investors. In such a context, BlackRock’s iShares has entered the fray with the introduction of the iShares Top 20 U.S. Stocks ETF (TOPT), aimed particularly at investors seeking a diversified portfolio that goes beyond the famed “Magnificent Seven” stocks. Comprising
Block, the financial services company spearheaded by the tech maven Jack Dorsey, recently took an audacious step by unveiling its corporate card service in the United Kingdom. This strategic initiative aims to fortify its market presence across the Atlantic and challenge well-established financial entities like American Express. With the launch of the Square Card in
In the third quarter of this fiscal year, Berkshire Hathaway has witnessed an extraordinary influx of cash, propelling its reserves beyond the staggering mark of $300 billion. By the end of September, the Omaha-based conglomerate reported a cash stockpile of approximately $325.2 billion, a marked increase from the prior quarter’s $276.9 billion. This surge in
The United Kingdom finds itself at a decisive juncture, particularly within its rapidly evolving technology sector. Recent announcements from the Labour government, especially concerning increased business taxation, are drawing skepticism from tech leaders and investors alike. Many industry stakeholders are questioning the sustainability of the UK as a global artificial intelligence and tech hub amid
Honor, the enigmatic smartphone brand that emerged from the shadow of Huawei, is positioning itself for a significant turning point. Recently, the company announced that it has secured substantial backing from new investors, which includes notable names like China Telecom, CICC Capital, and the venture capital firm Cornerstone. Additionally, a fund associated with the Shenzhen
In an era where electric vehicles (EVs) are rapidly transforming the automotive industry, Xiaomi, a company traditionally known for smartphones and consumer electronics, is making waves by stepping into the EV arena. The company’s recent announcement regarding the delivery of over 20,000 SU7 electric vehicles in October highlights not only its aggressive production strategy but
As the global market landscape continues to evolve, analysts are projecting a significant resurgence in Chinese initial public offerings (IPOs) in the upcoming year. This revitalization is largely fueled by a series of notable listings outside of mainland China that have reignited investor confidence in lucrative exit strategies for Chinese enterprises. Companies like WeRide and
In an era dominated by digital services, the safeguarding and accessibility of personal financial data have become crucial issues for consumers. The Consumer Financial Protection Bureau (CFPB), an entity designed to ensure transparency and fairness in financial markets, has taken a significant step with its recently announced personal financial data rights rule. This landmark decision