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Etihad Airways (XADS-ETIHAD) has confirmed its readiness to go public, with the final decision now resting in the hands of its shareholders. Group CEO Antonoaldo Neves stated that while no official date has been set for the initial public offering (IPO), the airline is fully prepared to proceed once it receives the green light. “We’re IPO-ready. The moment our shareholders decide, we can move forward,” Neves said during...
Swedish fintech company Klarna has announced its entry into the U.S. mobile services market with the launch of a new unlimited 5G plan, priced at $40 per month. This move places Klarna among a growing number of financial technology firms expanding into telecommunications to diversify their revenue streams. The mobile plan will be powered by Gigs, a U.S.-based startup backed by Google. Gigs enables companies to become mobile...
Nissan Motor is reportedly preparing to reduce its equity stake in long time alliance partner Renault, according to a report by the Nikkei. The move would align with the automaker’s strategy to reallocate capital toward new vehicle development amid a challenging global automotive landscape. Currently holding a 15% stake in Renault, Nissan is considering selling approximately 5%, which could generate around 100 billion yen (roughly $640 million) based...
STARBUCKS CORPORATION (XNAS:SBUX) is seeing renewed investor interest, with shares climbing over 4% to surpass $95 levels not seen since April. The stock is now approaching the $100 mark it last held in March before broader market pressures, including new tariffs, triggered a decline below $80. The rally comes amid a mix of positive developments. Citi analysts raised their price target for Starbucks from $84 to $95, aligning...
Roblox Corporation (XNYS: RBLX) is aiming to capture a significant slice of the $190 billion global gaming industry. Cofounder and CEO Dave Baszucki recently shared the company’s ambitious goal of having 10% of the gaming market operate on the Roblox platform. “We’re seeing more engaging content and a broader demographic reach,” Baszucki said, pointing to the company’s efforts to build a more diverse and global ecosystem of creators...
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