For the best experience, use the Insights app.
Get the appGet
BusinessShein reported a net income of $2.40 billion in Q2, reversing a previous quarter loss of $99 million, driven by a 20% rise in net revenue to $11.08 billion. However, the company warned of uncertainty in the second half due to challenges like the Iran conflict affecting Middle East operations and a 14% drop in Europe sales amid new EU e-commerce fees. Shares have fallen 27.3% since its Hong Kong debut.
ET Tech·3h ago
TechnologyJetSynthesys and MIXI have signed a Memorandum of Understanding (MoU) to collaborate in the fields of gaming, esports, digital entertainment, marketing, and investments. This partnership aims to explore new opportunities and strengthen their presence in the digital entertainment and esports sectors.
BusinessLine·3h ago
TechnologyBatteries are crucial for clean energy grids, competitive car industries, and modern warfare. Currently, China dominates battery products, innovation, and supply chains. Other countries are exploring ways to securely develop their own battery industries and learn from each other to strengthen their positions in this high-tech sector.
Carnegie Endowment for International Peace·10h ago
PoliticsThe 'cockroach' movement, led by Indian youth, has become a significant political force. Its latest campaign focuses on the election commission, raising concerns about voter rolls and public trust in electoral institutions. This action highlights ongoing debates about the integrity and transparency of the election process in India.
DW.com·2h ago
HealthA study published in Frontiers in Pharmacology shows that AI can analyze patient symptoms, lab reports, travel history, and regional infection data to predict Mpox (monkeypox) Clade-1B outbreak hotspots. This approach helps in early detection of infection spread, aiding better outbreak management and monitoring.
Dainik Bhaskar·15h ago
PoliticsThe Supreme Court has directed the CBSE to grant Class 6 students the same exemption from the three-language policy that is currently allowed for Class 7 students. The court has asked the Centre to consider exempting Class 6 students from this policy for the current year, ensuring uniform relaxation across these classes.
Bar and Bench·6h ago
ET Tech·3h ago
Shein reported a net income of $2.40 billion in Q2, reversing a previous quarter loss of $99 million, driven by a 20% rise in net revenue to $11.08 billion. However, the company warned of uncertainty in the second half due to challenges like the Iran conflict affecting Middle East operations and a 14% drop in Europe sales amid new EU e-commerce fees. Shares have fallen 27.3% since its Hong Kong debut.
Tip: use ↑ / ↓ (or j / k) to move between stories.
