Activist Starboard buys more Salesforce stock after first demanding change in 2022

Activist Starboard buys more Salesforce stock after first demanding change in 2022

Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Activist Starboard Value, one of the first investors to publicly push Salesforce to make changes three years ago, increased its stake…

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China’s growth stumbles in July as retail sales, industrial output miss forecasts

China’s growth stumbles in July as retail sales, industrial output miss forecasts

SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity. Retail sales last month…

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Shein’s UK sales jump 32% in 2024 as Hong Kong IPO nears

Shein’s UK sales jump 32% in 2024 as Hong Kong IPO nears

A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024.  Temilade Adelaja | Reuters Shein’s U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday. The online fast-fashion retailer’s pre-tax profit…

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