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Author: admin

19Dec

BlackBerry lifts FY26 revenue outlook on strong cybersecurity demand

BlackBerry on Thursday raised the lower end of its fiscal 2026 revenue forecast, signalling strong demand for its cybersecurity software as companies ramp up spending to counter increasingly sophisticated cyber…
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19Dec

Australia fines ANZ $165M for mishandling government bond deal, other misconduct

A Federal court has imposed a A$250 million ($165.25 million) penalty on lender ANZ Groupfor mishandling a A$14 billion government bond deal and other systemic failures that harmed taxpayers and…
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19Dec

Bank of Japan Raises Rates to 30-Year High, Signals More Hikes

The Bank of Japan raised interest rates on Friday to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark step in ending decades of…
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19Dec

Coty sells final Wella stake to KKR for $750 million, keeps upside rights

Beauty company Coty said on Friday it sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any…
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19Dec

Trump administration reviews greenlight for Nvidia AI chip exports to China

U.S. President Donald Trump's administration has launched a review that could result in the first shipments to China of Nvidia's second-most powerful AI chips, five sources said, making good on…
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19Dec

Nike’s China bet falters as sales fall for a sixth straight quarter

Nike is running out of time to prove its China playbook works. The U.S. sportswear giant’s sixth straight quarterly sales decline in the country - including a 20% drop in…
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19Dec

Trump enters fusion power with a $6B merger between his media firm and Google-backed TAE

U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry…
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19Dec

Toyota to sell U.S.-made cars in Japan from next year to ease trade ties

Toyota Motor said on Friday that it aims to begin selling its U.S.-made Camry sedan, Highlander SUV and Tundra pickup truck in Japan starting next year as it hopes to…
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18Dec

Standard General’s Soo Kim in talks to invest in Warner Bros Discovery TV networks

Soo Kim, founder of New York hedge fund Standard General, has been in talks over potentially buying or investing in the Warner Bros Discovery television networks, the Financial Times reported…
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18Dec

BP names Woodside Energy chief Meg O’Neill as CEO

Oil and gas major BP has appointed Meg O'Neill, the head of Australia's Woodside Energy, as its next CEO to lead its effort to boost profits and refocus on oil…
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