Business News
OpenAI Raises $110B With Backing From SoftBank, Nvidia and Amazon
OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that…
SpaceX Eyes Confidential IPO at $1.75T Valuation, Reports Bloomberg News
Elon Musk's SpaceX is aiming to file confidentially for an initial public offering that could…
Nvidia to Launch New AI Processor for OpenAI and Other Customers, WSJ Reports
Nvidia plans to launch a new processor designed to help OpenAI and other customers build…
Meta signs multi-billion-dollar deal to rent Google AI chips, The Information reports
Meta Platforms has signed a multi-billion-dollar deal to rent artificial intelligence chips from Google to…
Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery,…
Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea
Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9…
Amazon’s $50B OpenAI Investment Tied to IPO or AGI Milestone: Report
Amazon's plan to invest up to $50 billion in OpenAI could depend on whether the…
Nvidia’s Jensen Huang Turns Spotlight from AI GPUs to CPUs
Nvidia may have made its immense fortune on the back of specialized graphics processing units…
OpenAI Hires Meta AI Researcher Ruoming Pang, Says Report
OpenAI has hired Ruoming Pang, a high-profile AI researcher at Meta, who had joined the…
General Atlantic Sells ByteDance Stake in $550 Billion Valuation Deal
Investment firm General Atlantic is selling an equity stake in ByteDance in a deal that…
BMW, EU Discuss Minimum Pricing to Replace Tariffs on China-Made Mini EVs
BMW and the European Commission are in talks about a possible minimum pricing model that…
Trump Tells Tech Giants to Build Own Power Plants for Data Centers to Shield Consumers from Rising Bills
President Donald Trump said on Tuesday during his State of the Union address that his…
Paramount Skydance Tops Bid for Warner Bros Discovery, Eyes Netflix Deal Disruption
Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the…
Apple to Shift Some Mac Mini Production to Houston Facility
Apple will move some production of its Mac Mini desktop computer to the U.S. from…
Amazon to Invest $12B in Louisiana Data Centres
Amazon said it expects to invest $12 billion in Louisiana as part of a plan…
US Supreme Court rejects Trump’s emergency-tariff powers ruling, major blow to tariffs.
The U.S. Supreme Court struck down Donald Trump's sweeping tariffs that he pursued under a…
Rolls-Royce Eyes $2B Share Buyback with Annual Results, Sky News reports
Rolls-Royce Holdings is expected to announce alongside its annual results this week that it will…
Trump Defies Supreme Court, Slaps New 10% Global Tariff
U.S. President Donald Trump responded with fury to Friday's Supreme Court ruling that he lacked…
AWS Hit by December Outage Affecting Cost Management Tool
Amazon's cloud unit AWS had suffered an outage impacting a cost-management feature in December, a…
Tesla Launches Cheaper Cybertruck, Cuts Cyberbeast Price
Tesla unveiled a cheaper Cybertruck variant in the U.S. late on Thursday and slashed the…
OpenAI Eyes $600B Compute Spend, $1T IPO Valuation
OpenAI is targeting roughly $600 billion in total compute spend through 2030, a source familiar…
Visa to Acquire Prisma and Newpay in Argentina Expansion Push
Card giant Visa said on Thursday it would buy payment platforms Prisma and Newpay from…
Nvidia Nears $30B Investment in OpenAI, Eyes Stake in Key Customer
Nvidia is close to finalizing a $30 billion investment in OpenAI, as the chipmaker moves…
Apple TV Partners with EverPass to Stream Live Sports in Bars, Hotels and Gyms
Apple TV has signed a distribution agreement with EverPass Media to bring the streamer's live…
Eric Dane, ‘Grey’s Anatomy’ and ‘Euphoria’ star, dead at 53
Eric Dane, the handsome and hunky actor who steamed up primetime TV on “Grey’s Anatomy”…
Google and Sea Ltd Partner to Build AI Tools for E-Commerce and Gaming
Alphabet Inc's Google and Southeast Asian technology conglomerate Sea Ltd announced a new tie-up on…
Reliance, Adani Commit $210B to Make India an AI Powerhouse
India's biggest conglomerates are stepping up a push into AI and data infrastructure, with Reliance…
Zuckerberg Denies Under-13 Access to Facebook, Instagram in Youth Addiction Trial
Meta Platforms CEO Mark Zuckerber on Wednesday repeatedly said during a landmark trial over youth…
Alphabet’s Google Faces Fresh European Union Antitrust Scrutiny Over Ad Pricing
Alphabet unit Google risks another EU antitrust headache as regulators said they are concerned that…
Anthropic Raises $30B, Valuation Surges to $380B in AI Funding Frenzy
Anthropic has raised $30 billion in its latest funding round, more than doubling the Claude…
OpenAI Warns U.S. Lawmakers of DeepSeek’s Alleged Bid to Replicate American AI Models
OpenAI has warned U.S. lawmakers that Chinese artificial intelligence startup DeepSeek is targeting the ChatGPT…
Samsung Begins Shipping Advanced HBM4 Chips to Boost AI Race
Samsung Electronics said on Thursday it had started shipping its most advanced HBM4 chips to…
Anthropic to Spend $20M Backing Pro-AI Regulation U.S. Candidates
Anthropic will spend $20 million to back U.S. political candidates who support regulating the AI…
Goldman Sachs to Drop Diversity Criteria in Board Selection: WSJ
Goldman Sachs is preparing to eliminate race, gender identity, sexual orientation, and other diversity-related factors…
From OpenAI to Google, India hosts global AI summit
Top executives from global AI giants will join several world leaders in New Delhi this…
L’Oréal Eyes Early Gucci Beauty Licence Takeover Before 2028
L'Oreal would welcome gaining access to the Gucci beauty licence earlier than 2028, CEO Nicolas…
Vietnam Clears SpaceX’s Starlink Launch
Vietnam's government has allowed SpaceX to launch its Starlink satellite internet service in the country,…
Nvidia CEO Jensen Huang won’t attend India AI summit next week, company says
Nvidia CEO Jensen Huang will not be travelling to India next week for a India…
L’Oréal Shares Seen 5–7% Lower After Q4 Sales Miss
Traders called L'Oreal shares to open between 5% and 7% lower on Friday, after the…
Safran Sees Higher 2026 Revenue on Strong Jet Engine Demand
French aerospace group Safran forecast increased revenue and earnings for 2026 on Friday, after boosting…
U.S. Commerce Dept Fines Applied Materials $252M Over Illegal Exports to China
The U.S. Department of Commerce on Wednesday announced a $252 million settlement with Applied Materials…
Russia Moves to Fully Block WhatsApp, Boosts Domestic Platforms
Russia has attempted to "fully block" Meta Platforms-owned WhatsApp in the country, a company spokesperson…
Li Chenggang Meets Mexico’s Vidal Llerenas After Tariff Tensions
China's chief trade negotiator Li Chenggang met Mexico's Deputy Economy Minister Vidal Llerenas in Beijing…
Lenovo Warns of PC Shipment Pressure Amid Chip Crunch
China's Lenovo Group warned on Thursday about mounting pressure on PC shipments as a worsening…
McDonald’s Beats Q4 Estimates on Strong Global Sales and U.S. Meal Deals
McDonald's topped Wall Street estimates for fourth-quarter global comparable sales and profit on Wednesday, as…
Boeing Reports Major Supply Chain Quality Gains Over Two Years
Boeing has seen huge quality improvements in its commercial aeroplane supply chain over the last…
Anthropic Moves to Curb Data Centre Energy Costs Amid AI Expansion
Artificial intelligence company Anthropic on Wednesday announced initiatives to limit the impact of data centres…
Motorola Solutions Sees Sales, Profit Above Estimates on Strong Public Safety Demand
Motorola Solutions forecast annual sales and profit above Wall Street estimates on Wednesday, betting on…
Novo Nordisk to Launch Wegovy Weight-Loss Pill in Vials
Novo Nordisk said on Wednesday it plans to launch its weight-loss pill Wegovy in vials.…
Albemarle Posts Wider Loss, Idles Australian Lithium Plant
Albemarle, the world's largest producer of lithium, posted a larger-than-expected quarterly loss on Wednesday and…
Unilever Flags Weak 2026 Outlook on U.S., Europe Slowdown Despite Emerging Market Boost
Unilever warned on Thursday that 2026 sales growth would come in at the bottom end…
Platinum Equity Sells Urbaser to Blackstone, EQT for $6.6B
Privately-held Platinum Equity has agreed to sell Spanish waste management company Urbaser to Blackstone and…
China Allows EV Makers to Negotiate EU Tariffs After VW Reprieve
China's commerce ministry shifted its stance on Thursday by accepting that Chinese electric vehicle makers…
Lenovo Q3 Profit Falls 21%, Beats Estimates on Strong Revenue
China's Lenovo Group reported on Thursday a 21% drop in third-quarter profit, but beat analyst…
British American Tobacco Unveils AI Plan, Signals Job Cuts as Profit Rises
British American Tobacco on Thursday announced a new AI-driven productivity programme expected to lead to…
Toyota Motor Extends Toyota Industries Tender Offer Amid Elliott Opposition
A Toyota Motor tender offer for Toyota Industries has been extended until March 2 after…
U.S. Judge Lets Epstein Sex-Trafficking Claims Against Bank of America Proceed
A U.S. judge on Wednesday said accusations that Bank of America recklessly disregarded information that…
Musk Revamps xAI Leadership Ahead of Mega IPO, Post SpaceX Merger
Elon Musk has overhauled the management of his artificial intelligence startup xAI ahead of a…
Salesforce cuts under 1,000 jobs in early February, Business Insider reports
Cloud software provider Salesforce cut fewer than 1,000 roles at the beginning of this month,…
Spirit Aviation Seeks Court Nod to Auction 20 Airbus Jets for about $500 million
Spirit Aviation Holdings is asking a U.S. bankruptcy judge in New York to approve the…
Meta Breaks Ground on $10B Indiana AI Data Centre
Meta said on Wednesday it was breaking ground on a $10 billion data centre in…
Grab Flags Weak FY26 Revenue Outlook Amid Slowing Ride, Delivery Demand
Singapore's Grab forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, signalling slower momentum…
Ford Sets 130% Bonuses After Quality Gains, Says CEO Jim Farley
Ford Motor CEO Jim Farley told employees in a town hall on Wednesday that companywide…
US House Rebukes Trump Tariffs on Canada in Narrow Vote
The U.S. House of Representatives on Wednesday narrowly backed a measure disapproving of President Donald…
Equinix Jumps 6% on Upbeat AI-Driven Revenue Forecast
Equinix forecast annual revenue above estimates on Wednesday, betting on strong artificial intelligence-linked demand for…
Oil Rises on U.S.–Iran Tension Fears
Oil prices edged up on Thursday morning as investors worried about escalating tensions between the…
Gates Foundation denies any financial payments to Jeffrey Epstein
The Gates Foundation said on Wednesday it did not make any financial payments to late…
Citi Incoming CFO Sees Card Growth, Warns Rate Cap Would Hit U.S. Economy
Citigroup incoming Chief Financial Officer Gonzalo Luchetti said on Wednesday that he sees continued growth…
Hilton Worldwide Holdings Flags Soft 2026 Outlook Despite Q4 Profit Beat
Hilton Worldwide Holdings on Wednesday forecast 2026 room revenue growth below Wall Street expectations, reflecting…
Ackman Buys Meta, Bets on AI Boost
Billionaire investor Bill Ackman told clients on Wednesday that his hedge fund bought shares in…
Siemens Lifts FY Profit View After Strong Q1 Results
Siemens raised its full-year profit outlook on Thursday as the engineering group reported better-than-expected results…
Tesco Turns Rapid-Delivery Threat Into an Edge, Five Years On
Five years after Tesco boss Ken Murphy warned that rapid-delivery startups could inflict "death by…
Kering beats expectations on Q4 sales drop as new CEO moves to steady Gucci
Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as new CEO Luca…
Honda Q3 Operating Profit Plunges 61.4% on U.S. Tariffs, Weak EV Demand
Honda Motor said on Tuesday its third-quarter operating profit fell 61.4%, marking a fourth consecutive…
India in talks with Brazil, Canada, France, Netherlands on critical minerals partnerships
India is in talks with Brazil, Canada, France and the Netherlands over deals to jointly…
Trump threatens to block opening of $4.7bn Detroit–Windsor bridge amid Canada trade row
U.S. President Donald Trump on Monday threatened to bar the new $4.7 billion bridge connecting…
Meta, YouTube Accused of Designing Addictive Apps for Children
Meta Platforms and YouTube deliberately designed products they knew would addict children, a lawyer for…
Alphabet taps U.S. bond market as AI debt boom fuels record corporate issuance
Google parent Alphabet tapped the U.S. high-grade bond market on Monday, adding to a boom…
Indian refiners shun Russian oil, eye US trade deal
Indian refiners are avoiding Russian oil purchases for delivery in April and are expected to…
Novo Nordisk sues Hims & Hers over $49 Wegovy copy after regulator backlash
Novo Nordisk sued Hims and Hers Health on Monday over patent infringement after the U.S.…
TeamViewer flags flat to modest 2026 revenue growth as market volatility bites
German software developer TeamViewer forecast on Tuesday annual revenue growth of between 0% and 3%…
Broadcasters, Newsmax clash over US TV ownership cap
A group representing broadcast television stations and conservative cable news channel Newsmax will square off…
Trump administration seeks AI data center compact from tech companies
President Donald Trump's administration wants technology companies to commit to a new compact concerning AI…
U.S. labor board drops SpaceX case, backs off future action
The U.S. labor board is abandoning a years-long legal battle against Elon Musk's SpaceX and…
South Korea orders Coupang to fix security flaws after massive data leak
South Korean authorities said on Tuesday that e-commerce giant Coupang needs to fix vulnerabilities in…
Amazon plans AI content marketplace for publishers, The Information reports
Amazon has signaled to publishing industry executives that it is planning to launch a marketplace…
Adani in talks with US foreign assets office over bribery charge claims: report
India's Adani Enterprises said on Tuesday it is talks with the U.S. Office of Foreign…
UK urges parents to warn kids about online harm as under-16 social media ban is weighed
Britain on Tuesday encouraged parents to speak to their children about the harmful content they…
Waymo Goes Fully Driverless in Nashville as US Robotaxi Race Accelerates
Alphabet unit Waymo said on Monday it has gone fully autonomous in Nashville, Tennessee, ramping…
Trump plans to exempt Amazon, Google, Microsoft from chip tariffs for AI data centers
U.S. President Donald Trump's administration plans to spare firms such as Amazon, Google and Microsoft…
Autodesk Sues Google Over ‘Flow’ AI Software Trademark
Google has been sued by Autodesk for allegedly infringing its "Flow" trademark to market competing…
Alphabet plans $15B U.S. investment-grade bond sale: Bloomberg
Alphabet is looking to raise about $15 billion from a U.S. high-grade dollar bond sale,…
UK chipmaker Fractile to invest £100m in domestic AI chip expansion
Britain said on Tuesday that homegrown chipmaker Fractile will invest 100 million pounds ($136.43 million)…
Databricks raises $5B at $134B valuation to scale enterprise AI products
Databricks said on Monday it has completed a fundraising of about $5 billion at a…
Onsemi Q4 revenue misses estimates as inventory glut hits sales
Chipmaker Onsemi missed Wall Street estimates for fourth-quarter revenue on Monday, with its business segments…
Montage Technology jumps 64% in Hong Kong debut after $900m IPO for R&D push
China's Montage Technology surged 64% in its Hong Kong trading debut on Monday after the…
China’s Nio recalls 246,229 EVs over software safety flaw
China's Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards,…
Robot vacuum maker Dreame makes Super Bowl debut with electric supercar tease
Dreame Technology, a Chinese maker of robot vacuum cleaners with an audacious goal to build…
India’s Gujarat state signs agreement with Musk’s Starlink
India's Gujarat state said on Monday that it had signed a letter of intent with…
Singapore telcos Singtel, StarHub, M1 and Simba hit by UNC3886 cyber espionage
Singapore's four telecom companies, Singtel, StarHub, M1 and Simba Telecom, were targeted by cyber espionage…
China Debuts Song-and-Dance Humanoid Robots as Lunar New Year Crowd-Pullers
In China, humanoid robots are serving as Lunar New Year entertainment, with their manufacturers pitching…
Taiwan says 40% shift of chip capacity to US is ‘impossible’
Taipei: It would be "impossible" to move 40% of Taiwan's semiconductor capacity to the U.S.,…
Vicuña Corp to Double Investment in Major Copper Project
Mining company Vicuña Corp. aims to double its investment this year in one of the…
Australian AI firm Firmus secures $10B debt deal led by Blackstone, Coatue
Australian artificial intelligence company Firmus said on Monday it had finalised a $10 billion debt…
Anta Sports buys 29% stake in Puma for $1.8 billion
China's top sportswear company Anta Sports has leaped onto the international stage with an acquisition-driven…
Kroger to name ex-Walmart, airline chief Greg Foran as CEO: WSJ
Grocery giant Kroger plans to hire Greg Foran, who previously headed an airline and Walmart's…
Live Nation in DOJ talks to dodge monopoly trial
Live Nation executives and lobbyists are in talks with senior officials at the U.S. Department…
DBS sees 2026 profit dipping slightly after Q4 earnings fall 10%
Singapore's biggest bank DBS Group on Monday maintained its expectation that net profit this year…
Yen jumps as Takaichi wins Japan election, markets bet on stimulus
The yen strengthened in Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept…
Namibia Rejects TotalEnergies, Petrobras Luderitz Basin Deal Pending Approval
Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last…
Israel to fine El Al $39m for excessive fares during Gaza war
Israel's Competition Authority said on Sunday it planned to levy a fine of 121 million…
South Africa Regulator Clears Higher Eskom Power Tariffs After Calculation Error
South Africa's energy regulator said on Sunday that it granted state utility Eskom larger electricity…
South Korea flags crypto risks after Bithumb’s $40B Bitcoin giveaway blunder
South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more…
EU charges Meta over antitrust breach for blocking AI rivals on WhatsApp
EU competition regulators on Monday charged Meta Platforms with breaching antitrust rules by blocking artificial…
Anthropic Takes Super Bowl Ads Shot at OpenAI Over ChatGPT Ads Plan
Anthropic is spending millions of dollars to air commercials during Sunday night's National Football League…
Alibaba’s Qwen AI Pauses Coupons After User Surge
Alibaba's artificial intelligence chatbot Qwen has temporarily stopped issuing coupons due to customer overload, hampering…
SpaceX to Focus on Moon Missions Before Mars: WSJ
Elon Musk's SpaceX told investors it will prioritize going to the moon first and attempt…
U.S. DOJ probes Netflix’s $82.7B Warner Bros Discovery deal over antitrust concerns
The U.S. Department of Justice is investigating whether Netflix used anti-competitive tactics as part of…
US, India Unveil Interim Trade Pact to Cut Tariffs, Realign Supply Chains
The United States and India moved closer to a trade pact on Friday, releasing an…
Trump signs order prioritising U.S. weapons sales to high-spending, strategic allies
U.S. President Donald Trump signed an executive order that would re-prioritize the customer list for…
Tesla hiring to back Elon Musk’s push to dominate U.S. solar manufacturing
Tesla is hiring to support founder Elon Musk's recently announced plan to become the biggest…
Goldman Sachs teams up with Anthropic to deploy AI agents for internal automation
Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents aimed at automating…
Apple to Open CarPlay to Third-Party Voice AI Apps, Bloomberg reports
Apple is preparing to allow voice-controlled artificial intelligence apps from other companies in CarPlay, Bloomberg…
Bithumb Glitch Hands Out $40B in Bitcoin, Sparks Exchange Selloff
South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than…
Anthropic nears $20B+ funding round, set to close next week
AI startup Anthropic is ironing out the final details on a funding round likely to…
FDA to act against Hims & Hers over $49 weight-loss pill, DOJ referral possible
The U.S. Food and Drug Administration said on Friday it would take action against telehealth…
BMW recalls 87,394 U.S. vehicles over engine starter fire risk
BMW North America is recalling 87,394 vehicles in the U.S. as the engine starter may…
Microchip Tech flags weak Q4 profit, stoking fears of broader chip slowdown
Chipmaker Microchip Technology forecast fourth-quarter profit below Wall Street estimates on Thursday, raising concerns about…
Huawei-backed Aito teams up with UAE dealer to kick off exports
Chinese automaker Seres said on Friday that its electric vehicle brand Aito had signed a…
Reddit beats Q1 revenue estimates on AI-powered ad growth
Reddit forecast first-quarter revenue above analysts' estimates on Thursday, as artificial intelligence-powered enhancements to its…
Tesla runs AI training centre in China for local assisted driving
Tesla is operating an artificial intelligence training centre in China focusing on local application and…
EU charges TikTok over addictive design, threatens fine up to 6% of ByteDance revenue
TikTok was charged on Friday with breaching EU online content rules over what the bloc's…
Chery to Begin Spain Production ASAP in 2026 After Delays
Chinese carmaker Chery will start production of its own vehicles in Spain "as soon as…
Carlyle beats Q4 profit estimates on deal and credit gains
Asset manager Carlyle Group slightly beat Wall Street estimates for fourth-quarter profit on Friday, helped…
Global chip sales to hit $1tn this year: industry group
Global semiconductor sales are expected to hit $1 trillion this year, the Semiconductor Industry Association…
Germany weighs under-16 social media ban as coalition hesitates
German Chancellor Friedrich Merz's conservatives are considering barring children under the age of 16 from…
Australian shareholders back Rio Tinto ending Glencore talks, demand results on new strategy
Australian shareholders in Rio Tinto have welcomed the mining giant's decision to end merger talks…
LG Energy Solution to buy Stellantis’ 49% stake in Canada battery JV for $100
South Korea's LG Energy Solution on Friday said it plans to buy the 49% stake…
Stellantis shares sink after €22.2bn EV write-down
Stellantis shares tumbled on Friday after the carmaker booked charges of around 22.2 billion euros…
Hims & Hers Unveils $49 Weight-Loss Pill, Shares Slide
Hims & Hers sent a shockwave through the pharmaceutical industry on Thursday with its announcement…
Novo Nordisk shares rebound as FDA targets illegal drug copies
Shares in Danish drugmaker Novo Nordisk gained 4.7% in early trading on Friday, recovering some…
Amazon slides 8% premarket as AI spending spooks investors
Amazon shares dropped 8% in premarket trading on Friday after the company's hefty capital expenditure…
Toyota names finance chief Kenta Kon as new CEO amid China pressure
Toyota on Friday named finance boss Kenta Kon, a close ally of Chairman Akio Toyoda,…
Coupang says data of 165,000 more users leaked in major breach, rattling U.S.–South Korea ties
U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday that the data of an additional…
Sony lifts full-year forecast on record profit as yen, sensors, music offset PS5 slump
Japan's Sony on Thursday raised its full-year outlook after reporting record quarterly operating profit, boosted…
Slovenia moves to ban social media for children under 15
Slovenia is preparing draft legislation to ban social media access for children under 15, Deputy…
EU rules Apple Maps, Ads out of DMA gatekeeper list due to low usage
The European Commission said on Thursday Apple’s Maps and Ads services will not be designated…
Spotify to Sell Physical Books via Bookshop.org
Spotify said on Thursday it would begin selling physical books on its streaming platform through…
OpenAI launches Frontier to help companies build and manage AI agents
OpenAI on Thursday said it is launching a service, called Frontier, for companies to build…
Peloton forecasts weak Q3 revenue, shares crash 25%
Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, pointing to weak demand…
Novo Nordisk to sue Hims & Hers over copycat Wegovy drug
Novo Nordisk said on Thursday it would take legal action against Hims & Hers after…
Panama vows no single firm will run key ports again
Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate…
Dollar hits two-week high as stocks wobble, pound slips after BoE rate hold
The dollar hit two-week highs on Thursday as fresh volatility gripped stocks and stormed ahead…
Democratic senators urge Pentagon review of SpaceX over alleged Chinese investor links
Democratic U.S. senators on Thursday urged the Pentagon to conduct an immediate review of SpaceX…
Cardinal Health lifts profit outlook after beating Q1 estimates on strong specialty drug demand
Cardinal Health on Thursday raised its expectations for annual profit after surpassing Wall Street estimates…
Volkswagen Tops Tesla in Europe’s EV Sales in 2025
Volkswagen overtook Tesla in sales of fully-electric cars in Europe in 2025, data from JATO…
Ralph Lauren beats Q3 sales estimates on strong holiday demand
Ralph Lauren posted third-quarter sales that topped Wall Street estimates on Thursday, buoyed by a…
Hims and Hers offers cheaper version of Novo Nordisk’s new Wegovy weight-loss pill
Online telehealth company Hims and Hers Health on Thursday began offering a much cheaper $49…
Ford, Geely in Talks Over Potential Tech Partnership, sources says
Ford and China’s Geely are in discussions about a potential partnership, eight people with knowledge…
Nvidia nears deal to invest $20 billion in OpenAI funding round, source says
Nvidia is nearing a deal to invest roughly $20 billion in OpenAI as part of…
China to ban hidden car door handles from 2027
China will ban 'hidden' car door handles from 2027, becoming the first country to phase…
SLB wins $1.5bn, five-year Mutriba field contract from Kuwait Oil Company
Oilfield services provider SLB said on Tuesday it has been awarded a $1.5 billion contract…
Maersk, Hapag-Lloyd to Resume Select Red Sea, Suez Routes
Shipping groups Hapag-Lloyd and Maersk will resume some transit routes through the Red Sea and the…
HP named Bruce Broussard as the company’s interim CEO
HP Inc on Tuesday named Bruce Broussard as the company's interim chief executive officer effective…
Pfizer obesity drug data raises tolerability concerns, shares drop 5%
Pfizer on Tuesday released trial data on a high-profile obesity drug from its recent $10…
PayPal shares sink on CEO exit, disappointing 2026 profit forecast
PayPal replaced its CEO Alex Chriss, who was brought in to steer the payments firm…
White House Talks With Banks, Crypto Firms End in Deadlock
A White House meeting aimed at breaking a months‑long stalemate between major U.S. banks and…
PepsiCo to Cut Lay’s, Doritos Prices by Up to 15% After Consumer Pushback
PepsiCo will cut prices on core brands such as Lay's and Doritos by up to…
Disney names parks chief Josh D’Amaro as CEO, ending succession uncertainty
Walt Disney on Tuesday named theme parks head Josh D'Amaro as CEO, ending years of…
Walmart Joins $1 Trillion Club After 26% Stock Rally
Walmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday,…
Rolls-Royce defends pricing after airlines bash engine industry
A senior Rolls-Royce executive on Tuesday defended recent price rises and improvements in performance after…
India, U.S. Seal Trade Deal on Oil, Defence, Planes; Farm Sector Partly Open
India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly…
Top consulting firms test boundaries with China workarounds
Faced with a fraught geopolitical environment, global consultancies are turning to riskier ways to do…
Tesla launches new Model Y AWD in US at $41,990
Electric-vehicle maker Tesla has introduced a new all-wheel drive variant of its bestselling Model Y…
Musk’s SpaceX Acquires xAI in Record-Breaking Deal
Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a…
Uber in talks with France’s Urssaf over driver employee status
Uber said on Monday it was in talks with French social security agency Urssaf, which…
Vanguard slashes fees on 53 index funds in second major cut this year
Vanguard, the world's second-largest asset manager and a pioneer of low-cost funds, said on Monday…
Oracle shares jump 2% as $50B funding plan eases data-center expansion worries
Oracle shares gained 2% on Monday after Wall Street analysts said the software company's $50…
Trump to launch $12B U.S. critical minerals stockpile
U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12…
Saks Global ending e-commerce partnership with Amazon, source says
New York: Bankrupt retailer Saks Global is ending its "Saks on Amazon" partnership with e-commerce…
Capgemini to sell US government arm
Paris: French tech company Capgemini said on Sunday it was selling its U.S. subsidiary Capgemini…
Ford in talks with Xiaomi on U.S. EV joint venture
Ford has held talks with electric-vehicle maker Xiaomi about forming a joint venture to manufacture…
Waymo eyes $16B funding at nearly $110B valuation
Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that…
US Steelworkers extend Marathon talks, strike averted
Houston: The United Steelworkers union said late on Saturday it would extend talks with Marathon…
Nvidia Plans Biggest-Ever Investment in OpenAI, Huang Says
Taipei: Nvidia plans to make a "huge" investment into OpenAI, probably its largest ever, CEO…
SpaceX plans 1M solar-powered satellites to run AI data centers
Washington: Elon Musk's SpaceX wants to launch a constellation of 1 million satellites that will…
Bitcoin slides 6.5% to $78,720, extends losses
Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at…
Judge signals possible dismissal of Musk’s xAI lawsuit against OpenAI over trade secrets
A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial…
Boeing seals new contract with 1,600 former Spirit AeroSystems staff
Boeing reached a new contract on Friday with about 1,600 white-collar workers with the former…
Nvidia’s $100B OpenAI investment hits pause after internal concerns, WSJ reports
Nvidia's plan to invest up to $100 billion in OpenAI to help it train and…
Bob Iger plans early Disney CEO exit, to step back before contract ends: WSJ
Walt Disney's Bob Iger has told associates he plans to step down as CEO and…
Delaware court cuts Tesla’s shareholder legal fees by over $100 million
Wilmington: The Delaware Supreme Court handed Tesla a victory on Friday, slashing by more than…
L3Harris wins US Navy deal for Red Wolf strike vehicles
Defense contractor L3Harris Technologies said on Friday it had secured a U.S. Navy deal to…
Indian e-commerce firm Meesho’s quarterly loss surges as costs climb post market debut
Indian e-commerce firm Meesho's quarterly loss widened sharply in its first earnings report since its…
Perplexity signs $750M Azure cloud deal with Microsoft
AI startup Perplexity has signed a $750 million agreement with Microsoft to use its Azure…
SanDisk stock jumps on strong AI-led forecast and extended supply deal
Sandisk shares rallied on Friday, after the data storage firm projected third-quarter profit and revenue…
Apple acquires Israeli AI audio startup Q.ai
San Francisco: Apple on Thursday said it has acquired Q.ai, an Israeli startup working on…
Peloton cuts 11% of workforce in cost-saving turnaround move, spokesperson says
Peloton Interactive has cut 11% of its employees as it aims to reduce costs amid…
OnlyFans in talks to sell majority stake at $5.5B valuation
OnlyFans is exploring selling a majority stake to investment firm Architect Capital in a deal…
AmEx flags strong annual profit outlook, holiday-quarter miss dents shares
American Express forecast annual profit largely above Wall Street expectations on Friday, underscoring resilient spending…
Colombia Central Bank Hikes Rates 100 bps to 10.25%, First in Nearly 3 Years
Bogota: Colombia's central bank raised its benchmark interest rate by 100 basis points to 10.25%…
Toyota recalls 161,268 U.S. vehicles over rear-view camera display glitch
Toyota is recalling 161,268 vehicles in the U.S. for a problem with the rear-view camera…
SpaceX Weighs Musk Cross-Company Deals, Investors Eye AI, Space, Auto Play
New York: SpaceX is exploring deals with other companies helmed by serial entrepreneur Elon Musk,…
Meta to Face Jury Trial Over Alleged Child Exploitation on Its Platforms
Meta Platforms is set to face trial next week in a lawsuit brought by the…
Bosch Warns 2026 Will Be Tough, Delays Margin Target Amid Tariff Pressure
Frankfurt: Bosch, the world's largest car parts supplier, on Friday warned of another tough year…
Chevron beats Q4 profit estimates despite lower crude prices, cost cuts pay off
Houston: Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on…
Bitcoin hits two month low as Fed chair speculation boosts dollar, rattles crypto
Singapore: Bitcoin slumped to a two-month low on Friday as speculation the next chair of…
Amazon in talks to invest up to $50 billion in OpenAI
Amazon is in talks to invest dozens of billions in ChatGPT-maker OpenAI and the figure…
Deutsche Bank Posts Biggest Profit Since 2007 Amid Money Laundering Probe
Deutsche Bank on Thursday reported its largest annual profit since 2007 after a stronger-than-expected fourth…
Apple projects up to 16% revenue growth for March quarter
Apple on Thursday forecast higher-than-expected revenue growth of up to 16% for the March quarter,…
Experian announces $1B share buyback programme
Credit data and analytics company Experian on Friday announced the launch of a new $1…
Indonesia financial regulator chief resigns after $80B market rout
Jakarta/Singapore: The chief of Indonesia's financial regulator and other officials of the body resigned on…
Apple Prioritizes High-End iPhones for 2026, Delays Standard Model Rollout
Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while…
Trump threatens Canada with aircraft tariffs, decertification over Gulfstream approvals
Washington/Montreal: President Donald Trump said on Thursday the U.S. was decertifying Bombardier Global Express business…
Panama Supreme Court Voids CK Hutchison Port Deals, Canal Operations in Limbo
Panama City/Hong Kong: Panama's Supreme Court has annulled key port contracts held by a subsidiary…
China clears DeepSeek to buy Nvidia H200 AI chips, terms pending
Singapore: China has given its top AI startup DeepSeek approval to buy Nvidia's H200 artificial…
SpaceX in talks to merge with xAI ahead of planned blockbuster IPO
New York: SpaceX is in discussions to merge with xAI ahead of a blockbuster public…
Airbus Eyes Larger A220, Launch Decision Expected This Year
Dublin: Airbus is poised to start offering airlines and leasing firms a larger version of…
Packaging firm International Paper to split into two companies
International Paper said on Thursday it would split into two publicly traded companies by spinning…
Honeywell shares jump 4.5% on strong Q4 aerospace-led results
Honeywell reported a rise in fourth-quarter revenue and profit on Thursday, buoyed by continued strength…
Nvidia, Amazon, Microsoft in Talks to Invest $60B in OpenAI, The Information reports
Nvidia, Amazon, and Microsoft are in talks to invest up to $60 billion in OpenAI,…
Norfolk Southern Q4 profit rises on cost cuts despite weak freight demand
Norfolk Southern reported a rise in fourth-quarter profit on Thursday on cost controls amid uneven…
Ameriprise Q4 Profit Jumps 10% as AI Rally Lifts Assets to Record High
Asset and wealth manager Ameriprise Financial reported a 10% rise in its fourth-quarter profit on…
Comcast Loses More Broadband Users Than Expected as Rivals Turn Up the Heat
Comcast lost more broadband customers than expected in the fourth quarter, as rivals lured away…
Mastercard Q4 profit jumps on strong consumer spending
Mastercard posted a rise in fourth-quarter profit on Thursday, as sustained consumer spending drove up…
Blackstone tops Q4 profit estimates as dealmaking and data centers surge
Blackstone, the world's largest alternative asset manager, beat Wall Street expectations for fourth-quarter profit on…
Tesla to Invest $2B in Musk’s xAI, Cybercab on Track for 2026
Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company…
SoftBank in talks to invest up to $30B more in OpenAI
SoftBank Group Corp is in talks to invest as much as an additional $30 billion…
Amazon accidentally tips off AWS staff to looming layoffs with early email invite
San Francisco: Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees…
Altman Criticizes ICE Crackdown as “Too Far” in Internal Message
OpenAI CEO Sam Altman told employees in an internal message that ICE is "going too…
Anthropic boosts 2026 revenue outlook, The Information reports
Artificial intelligence startup Anthropic has raised its revenue forecasts for the next several years, projecting…
Boeing returns to Q4 profit on digital unit sale, higher jet deliveries
Seattle: Boeing swung to a fourth-quarter profit on Tuesday, driven by the sale of its…
Australia wine exports drop 8% to A$2.34bn as global drinking slows
Canberra: The value of Australia's wine exports fell by 8% to A$2.34 billion ($1.6 billion)…
Oracle says TikTok outage in US caused by weather-related power failure
Washington: Oracle on Tuesday said issues faced by U.S. users of social media app TikTok…
Trump Says Dollar Is “Great” as Greenback Hits Four-Year Low
U.S. President Donald Trump said on Tuesday the value of the dollar was "great", when…
Gold tops $5,200, hits record high
Gold surged above $5,200 an ounce on Wednesday to a record high, extending a historic…
C3.AI in talks to merge with Automation Anywhere, report says
Enterprise artificial intelligence software provider C3.AI is in talks to merge with privately held startup…
US, Taiwan discuss AI, tech and drone cooperation at high-level forum
Taipei: Senior Taiwanese and U.S. officials discussed cooperation in artificial intelligence, tech and drones at…
U.S. names 15 drugs, including Biktarvy and Xeljanz, for Medicare price talks in 2028
The U.S. government on Tuesday named the 15 new drugs targeted for Medicare price negotiations…
Zuckerberg Approved Minors’ Access to AI Chatbots Despite Sexual Content Warnings
Meta Chief Executive Mark Zuckerberg approved allowing minors to access AI chatbot companions that safety…
WhatsApp rolls out opt-in advanced security mode for users
Washington: Meta's WhatsApp messaging service is offering users an advanced security mode, joining a growing…
Meta to Pay Corning Up to $6B for Fiber Optic Cables for AI Data Centers
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over…
Pinterest to Cut Under 15% of Staff in AI Shift
Pinterest will trim less than 15% of its workforce, the social media platform said on…
Cloudflare jumps 14% premarket as Clawdbot AI buzz fuels investor hype
Cloudflare shares surged about 14% premarket on Tuesday as social media buzz around the "Clawdbot"…
TikTok settles landmark social media addiction lawsuit on trial day
Washington: TikTok agreed to settle a landmark lawsuit on social media addiction on Tuesday, according…
UK watchdog launches AI impact review on retail finance
London: The UK's Financial Conduct Authority on Tuesday launched a review into the impact of…
Meta, TikTok, YouTube Face Court Over Youth Mental Health Claims
Washington: Meta Platforms, TikTok and YouTube will face courtroom scrutiny this week over allegations that…
Nvidia Unveils Open Source AI Models to Speed Up Weather Forecasting
San Francisco: Nvidia on Monday released three open-source artificial intelligence models aimed at helping create…
EU-India trade deal cuts car tariffs, but Europe’s automakers still face a brutal India test
Berlin: European carmakers, squeezed by U.S. tariffs and price wars in China, will get a…
SK Hynix to set up AI investment unit in the US
Seoul: SK Hynix plans to establish a unit focusing on artificial intelligence investment, the company…
Vietnam’s Kim Long Motor partners with BYD on $130M EV battery plant
Hanoi: Vietnam auto manufacturer Kim Long Motor said on Tuesday that it was partnering with…
ASML’s Laser Machines Become the Quiet Power Behind the AI Chip Race
Amsterdam: As artificial intelligence firms jostle for the Nvidia chips needed to power the AI…
Dr Martens shares sink 13% as sales slide and shoppers resist full prices
British bootmaker Dr Martens posted a decline in quarterly sales and forecast broadly flat annual…
Adani Group, Embraer to Launch Regional Aircraft Manufacturing Venture in India
New Delhi: India's Adani Group and Brazil's Embraer SA will partner to set up a…
Volkswagen to recall 44,551 ID.4 EVs in U.S. over battery fire risk
German automaker Volkswagen will recall 44,551 ID.4 electric vehicles in the U.S. in two separate…
Israel seeks new 10-year U.S. security deal as it plans for lower American aid
Israel is preparing for talks with the Trump administration on a new 10-year security deal,…
Anta to buy 29% stake in Puma for €1.5 billion, becomes top shareholder
China's biggest sportswear brand Anta Sports Products said on Tuesday it would buy a 29.06%…
India, EU seal landmark trade deal amid U.S. uncertainty
New Delhi: India and the European Union have finalised a long-pending landmark trade deal, both…
Google to Pay $68M to Settle Voice Assistant Privacy Lawsuit
Google agreed to pay $68 million to settle a lawsuit claiming that its voice-activated assistant…
Nvidia Invests $2B in CoreWeave to Scale US AI Data Centers
Nvidia has invested $2 billion in CoreWeave, becoming the AI infrastructure provider's second-largest shareholder, as…
Ford, GM in talks to finance bankrupt First Brands during Chapter 11
Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group…
Micron to Build $24 Billion Chip Plant in Singapore Amid Global Shortage
Singapore: U.S. memory chipmaker Micron Technology said on Tuesday it plans to build a $24-billion…
Gold tops $5,000 on safe-haven rush as dollar slips, geopolitics rattle markets
Singapore: Gold surged past $5,000 per ounce on Monday, buoyed by safety flows amid dollar…
Samsung to begin HBM4 chip production next month, supply Nvidia, sources say
Seoul: Samsung Electronics plans to start production of its next-generation high-bandwidth memory (HBM) chips, or…
Thailand releases endangered leopard shark in first rewilding effort
Maiton Island, Thailand: After a brief countdown by conservationists, a young Indo-Pacific leopard shark glided…
US in talks with Chevron to boost Venezuela oil output
The United States is in talks with Chevron, other crude producers, and major oilfield service…
Oil steady after 2% jump as supply worries persist
Singapore: Oil prices were little changed on Monday after climbing more than 2% in the…
Vanguard’s non-U.S. assets top $1 trillion for the first time
Vanguard's assets under management outside the U.S. have exceeded $1 trillion for the first time,…
Canada won’t pursue trade deals with non-market economies, says PM Carney
Toronto: Canada respects its commitments and engagements under the United States Mexico Canada trade agreement,…
Ryanair lifts fare growth outlook, sees profit jump by a third
Dublin: Ryanair on Monday upgraded its forecast for average fare growth for its financial year,…
Baker Hughes Q4 Profit Rises 11% on Strong Gas Tech Demand
Houston: Baker Hughes on Sunday reported an 11% rise in adjusted profit for the fourth…
Airbus chief warns staff to brace for rising geopolitical risks
Paris: The head of Airbus has warned staff that the plane maker must be ready…
Singapore set to hold policy steady as chip exports lift growth, inflation stays tame
Singapore: Singapore is expected to leave monetary policy unchanged at a review on Thursday, with…
Delta cancels more flights at Atlanta, East Coast hubs as winter storm Fern hits
Delta Air Lines said on Saturday it made additional flight cancellations for Atlanta and along…
Hermès Menswear Designer Véronique Nichanian Bows Out After 40 Years
Paris: Hermes menswear designer Véronique Nichanian presented her final collection on Saturday in Paris after…
Trump threatens 100% tariff on Canada over potential China trade deal
Washington: U.S. President Donald Trump said on Saturday he would impose a 100% tariff on…
US in talks with Chevron and oil firms to rapidly boost Venezuela crude output: Bloomberg reports
The United States is in talks with Chevron, other crude producers, and major oilfield service…
Jensen Huang Visits Shanghai as Nvidia Faces China Pressure
Beijing: Nvidia CEO Jensen Huang is in Shanghai, a person briefed on the matter said…
Meta suspends teen access to AI characters worldwide
Meta Platforms said on Friday it will suspend teenagers' access to its existing AI characters…
Tesla to charge subscription fee for self-steering features in US, Canada
Tesla on Thursday stopped including some driver-assistance features with new vehicles sold in the U.S.…
Citigroup to Cut More Jobs in March After 1,000 Layoffs
New York: Citigroup is expected to lay off more employees in March following a round…
Steelworkers, Marathon Petroleum enter contract talks days before expiry
Houston: The United Steelworkers union and Marathon Petroleum began negotiating on Friday a new multi-year…
Exxon’s XTO Seeks Buyers for Eagle Ford Shale Assets
New York: Oil major Exxon Mobil's subsidiary XTO Energy is seeking buyers for some of…
Tyson Foods Extends Beef Processing at Closing Nebraska Plant, Saving 9% Jobs Temporarily
Chicago: Tyson Foods will temporarily continue to prepare beef for sale at a slaughterhouse it…
Fidelity settles lawsuit over Broadcom software access threat
Boston: Fidelity Investments had reached an agreement to settle a lawsuit accusing Broadcom of threatening…
Delta urges weekend travelers to rebook as major winter storm looms
Delta Air Lines on Friday urged passengers traveling this weekend to reschedule their flights as…
Toyota recalls 162,000 US vehicles over faulty multimedia display
Toyota said on Friday that it was conducting a safety recall involving around 162,000 vehicles…
Dimon’s 2025 pay jumps 10% to $43M after strong JPMorgan results
JPMorgan Chase's longtime CEO Jamie Dimon's 2025 pay package rose 10.3% to $43 million, it…
Paramount Skydance extends Warner Bros Discovery bid deadline to Feb 20
Paramount Skydance on Thursday extended the deadline on its hostile tender offer for Warner Bros…
Tesla eyes Europe, China nod for FSD as early as next month: Musk
Tesla is likely to win regulatory approval in Europe and China for its driver-supervised Full…
Apple seeks court block on India antitrust probe into App Store
New Delhi: Apple has asked an Indian court to stop the country's antitrust watchdog from…
Microsoft restores access as outage reports drop
Microsoft said on Friday it has restored access to its suite of productivity software, while…
X back online after brief global outage
Social media platform X was back up after a brief outage for thousands of users…
Amazon plans fresh job cuts next week, targets 30,000 roles overall
San Francisco: Amazon is planning a second round of job cuts next week as part…
Intel misses forecast as AI server chip demand outpaces supply, shares plunge 13%
Intel said on Thursday it struggled to satisfy demand for its server chips used in…
ByteDance finalizes US-majority TikTok deal to avert ban
Washington: TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a deal to establish…
Trump sues JPMorgan, Jamie Dimon for $5B over alleged debanking
U.S. President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and its CEO…
Australian dollar hits 15-month high on eased U.S.-EU tensions, strong jobs data
Sydney: The Australian dollar hit 15-month highs on Thursday as an apparent easing in U.S.-European…
Australia finance union slams ANZ over Suncorp Bank job cuts after sale approval
Australia's Finance Sector Union condemned ANZ Group's decision to cut jobs across multiple Suncorp Bank…
Apple China Offers Up to 1,000 Yuan Discounts on iPhones, Macs and More
Beijing: Apple in China will offer discounts of up to 1,000 yuan ($143.60) on designated…
Valero buys Venezuelan crude under U.S.-Caracas deal
Houston: Valero bought a cargo of Venezuelan crude oil, two sources said on Wednesday, the…
Dimon warns credit card rate cap would hurt economy as Trump pushes Congress to approve it
JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card…
Lululemon resumes online sales of “Get Low” workout line after complaints
Lululemon Athletica said on Thursday it has resumed online sales of its recently launched "Get…
Netflix confident of WBD shareholder backing, slams Paramount bid: FT
Netflix co-chief executive Greg Peters said the company is on track to win the backing…
Malaysia restores Grok access after X adds safety measures
Kuala Lumpur: Malaysia has restored access to Grok for its users after social media platform…
Revolut drops U.S. bank buy, to seek American licence
Britain's Revolut has scrapped plans to buy a U.S. lender and will instead apply for…
Tesla begins driverless Robotaxi rides in Austin, Musk says
Tesla CEO Elon Musk said on Thursday that the company has started Robotaxi rides in…
BitGo prices IPO at $18 a share, Bloomberg reports
BitGo Holdings has priced its initial public offering at $18 per share, above the marketed…
Australia jobs surge, unemployment hits 7-month low, rate hike bets jump
Sydney: Australia's jobless rate dropped to a seven-month low and employment figures blew past forecasts…
Apple to Turn Siri into AI Chatbot in Major OS Revamp
Apple plans to revamp Siri later this year by turning the digital assistant into the…
Eightfold AI sued in California over alleged secret job applicant screening
Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many…
Archer Aviation partners with Serbia to expand global eVTOL footprint
Archer Aviation said on Wednesday it had partnered with Serbia as the country's preferred electric…
Honeywell settles lawsuit with Flexjet, looks to revive partnership
Honeywell said on Wednesday it had reached an agreement with private aviation company Flexjet to…
Canada court blocks TikTok shutdown, orders government review
Canada's federal court on Wednesday overturned a government order to close TikTok's Canadian operations, allowing…
Walmart to cut PhonePe stake by 12% in IPO, Tiger Global and Microsoft to exit
Walmart will trim its stake in PhonePe by about 12% in the Indian payments firm's…
Volvo Cars unveils its EX60 electric SUV
Stockholm: Volvo Cars said on Wednesday that its new electric mid-sized SUV, the EX60, will…
BitGo IPO Raises $212.8M, Becomes First Crypto Stock Debut of 2026
Crypto custody startup BitGo Holdings priced its U.S. initial public offering above its indicated range…
Ubisoft to split into five creative divisions in major reorganisation, revises outlook
French video game publisher Ubisoft will undergo a reorganisation, splitting the company into five creative…
Gates Foundation, OpenAI launch $50M AI push to strengthen African health systems
Davos, Switzerland: The Gates Foundation and OpenAI are setting up a $50 million partnership to…
Bristol Myers Squibb partners with Microsoft to speed up lung cancer detection using AI
Bristol Myers Squibb said on Tuesday it had signed an agreement with Microsoft to use…
Tesla denies reports of job cuts at Berlin Gigafactory, says production steady
Berlin: Tesla has no plans to curb production or cut staff at its gigafactory outside…
NVIDIA CEO Jensen Huang to Visit China to Revive AI Chip Market, Bloomberg reports
Nvidia CEO Jensen Huang plans to travel to China in late January as he seeks…
L’Oréal to invest $383 million in Indian beauty tech hub
French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub…
Lemonade Offers 50% Insurance Discount for Tesla Drivers Using FSD
San Francisco: U.S. insurer Lemonade said on Wednesday it would offer a 50% rate cut…
Atos flags sharp annual revenue drop as contract losses persist
French IT group Atos said on Wednesday it expected to report a sharp drop in…
Netflix co-CEOs go on defensive over $83 billion Warner Bros deal
Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on…
SAP shares hit August 2024 low, $130B wiped off since peak
Milan: Shares in Germany's SAP extended a months-long downtrend on Wednesday, falling to their lowest…
US House panel to vote on bill to give Congress authority over AI chip exports
New York: A key Republican lawmaker scheduled a committee vote on Wednesday for a bill…
Intel results highlight turnaround as AI data centers drive chip demand
Intel shareholders are optimistic about the company's results like they have not been for many…
Ford recalls over 119,000 U.S. vehicles over engine block heater fire risk, NHTSA says
Ford Motor is recalling 119,075 vehicles in the U.S. as the engine block heater may…
Travelers tops Q4 profit estimates on strong underwriting and investment gains
Property and casualty insurance giant Travelers beat Wall Street estimates for fourth-quarter profit on Wednesday,…
Truist Q4 Profit Rises on Higher Interest Income and Investment Banking Fees
Truist Financial reported a rise in fourth-quarter profit on Wednesday, helped by higher interest income…
O’Leary says any Ryanair stake would beat Musk’s X returns
Dublin: Elon Musk can't buy Ryanair, but any investment would do better than his returns…
OpenAI Pushes Governments to Build Data Centers and Expand AI Use in Public Services
San Francisco: OpenAI is expanding its efforts to convince global governments to build more data…
Court allows expert testimony linking J&J talc products to ovarian cancer claims
In a victory for thousands of women suing Johnson & Johnson over claims that the company's…
JPMorgan, Allen & Co emerge as winners in Netflix–Paramount Skydance battle for Warner Bros Discovery
New York: Some clear winners are emerging in the bidding war between Netflix and Paramount…
Meta’s new AI lab rolls out first flagship models internally
Davos, Switzerland: Meta Platforms' new artificial intelligence lab has delivered its first high-profile AI models…
Four in five workers worried about AI affecting jobs, Gen Z most concerned: Randstad survey
Four in five workers believe artificial intelligence is going to impact their daily tasks at…
Taylor Swift label UMG inks licensing deal with NetEase Cloud Music
Washington: U.S.-based Universal Music Group struck a deal with Chinese music streaming service NetEase Cloud…
OpenAI revenue tops $20B in 2025, driven by compute expansion
OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday the company's…
Lamborghini sets record with 10,747 cars delivered in 2025
Italian luxury sports carmaker Lamborghini said on Tuesday it delivered 10,747 vehicles worldwide in 2025,…
China to roll out 2026–2030 policies to boost domestic consumption, focus on services
Beijing: China plans to roll out new policies from 2026 to 2030 to spur domestic…
Renault 2025 volumes up 3% as Clio, Sandero boost sales
Paris: French automaker Renault Group said on Tuesday that its sales volumes rose 3.2% in…
Chip Wilson moves to oust Advent from Lululemon board in proxy fight, Semafor reports
Lululemon founder Chip Wilson is trying to excise private equity firm Advent from the apparel…
BHP accepts lower iron ore prices amid 2026 China supply talks
Melbourne: BHP Group has accepted lower prices for some iron ore sales while it negotiates…
Brazil court orders asset freeze of tycoon Nelson Tanure in Banco Master probe
Sao Paulo: Brazil's Supreme Court Justice Dias Toffoli has allowed a prosecutor's request for banks…
Revolut applies for full banking license in Peru
Britain's Revolut said on Monday it has applied for a full banking license in Peru,…
Valentino, Italian fashion legend, dies at 93
Valentino, the Italian fashion designer who built one of the country's most celebrated luxury houses…
China curbs ‘flash boys’ access to exchange data, sources say
China's securities regulator has asked brokers to remove client-dedicated servers from data centers in local…
Tesla gains early edge as Canada scraps tariffs on Chinese EVs
Beijing/Shanghai: Tesla is poised to be one of the first automakers to benefit from Canada's…
UK watchdog accuses Meta of allowing illegal casino ads on Facebook and Instagram
London: Britain's Gambling Commission said on Monday that Meta Platforms, the owner of Facebook and…
U.S. safety agency probes GM recall over engine failures in 597,000 vehicles
The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query…
Global billionaire wealth hits record high, fuelling inequality, says Oxfam
Billionaire wealth surged at three times its recent pace last year to reach its highest…
Trump threatens tariffs on Europe over Greenland purchase bid
Washington: President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on…
Powerchip shares jump 10% as Micron buys fab plant
Taipei: Shares of Taiwan's Powerchip Semiconductor Manufacturing Corp rose nearly 10% on Monday, after U.S.…
Markets flee to safe havens as Trump threatens allies with tariffs over Greenland bid
Investors headed for safe havens while Europe prepared to push back on Monday after U.S…
Europe mulls €93bn tariffs on U.S. amid Trump Greenland threat, FT reports
European capitals may hit the U.S. with 93 billion euros ($107.71 billion) worth of tariffs…
Israel clears Uber, Lyft to cut taxi fares
Jerusalem: An Israeli ministerial committee on Sunday approved a law that would allow shared ride-hailing…
Sequoia, GIC, Coatue join $25B Anthropic funding at $350B valuation
Venture capital firm Sequoia is joining Singapore's GIC and U.S. investor Coatue in a funding…
Syrah, Tesla extend graphite deal dispute deadline again
Australia's Syrah Resources said on Monday it agreed with Tesla to extend for the third…
Trump officials push emissions rollback to cut car prices
Detroit: The Trump administration's top auto policy officials on Saturday touted federal efforts to lower…
South Korea seeks U.S. tariff relief on memory chips
Seoul: South Korea will seek favourable terms for U.S. tariffs on imports of memory chips,…
Dollar slides as Trump tariff threat drives yen, franc demand
Singapore: The dollar fell on Monday as investors, unnerved by U.S. President Donald Trump's latest…
Japan election raises odds of consumption tax cut amid cost pressures
Tokyo: Japan's expected snap general election is increasingly likely to lead to a cut in…
South Korea, Italy agree to deepen cooperation in AI, chips, aerospace
Seoul: South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on…
Elon Musk and Ryanair CEO clash over cost of Starlink Wi-Fi on planes
Elon Musk on Friday called Ryanair CEO Michael O'Leary an "utter idiot" who should be…
Markets on edge as Trump threatens more tariffs on Europe over Greenland
London: U.S. President Donald Trump has promised to implement further tariffs on imports of goods…
OpenAI to show ads in ChatGPT for some U.S. users
OpenAI said it would start showing ads in ChatGPT to some U.S. users, ramping up…
Google seeks delay on sharing search data while appealing monopoly ruling
Alphabet's Google asked a judge on Friday to postpone making the company share data with…
Indra wins €975 million deal to run London’s public transport ticketing systems
Madrid: Spanish technology group Indra has won a contract from Transport for London (TfL) to…
Musk Seeks $134B From OpenAI, Microsoft Over Alleged Wrongful Gains
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing he deserves…
Netflix, Warner Bros bonds among $100 million purchased by Trump
Washington: U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from…
Brazil prosecutors may take 4–6 months to review evidence in Banco Master probe
Brasilia: Brazil's federal prosecutors will likely take four to six months analyzing evidence gathered in…
WestJet Scraps Non-Reclining Seats After Passenger Backlash
WestJet Airlines said on Friday it will scrap non-reclinable economy seating on certain Boeing 737…
South Korea Says U.S. 25% Chip Tariff Will Have Limited Impact on Firms
Seoul: South Korea's trade minister said on Saturday that a U.S. proclamation imposing a 25%…
Nigeria grants satellite broadband permits to Amazon Kuiper, NSLComm, Satelio alongside SpaceX
Abuja: Nigeria has issued seven-year satellite permits to Amazon's Kuiper Systems, Israel's NSLComm's BeetleSat and…
California AG orders xAI to stop Grok from generating nonconsensual sexual imagery
California Attorney General Robert Bonta on Friday sent a cease-and-desist letter to xAI demanding the…
Tech Mahindra beats Q3 revenue estimates on telecom, manufacturing growth
Bengaluru: Indian software services provider Tech Mahindra reported bigger-than-expected third-quarter revenue on Friday, aided by…
BBC to Produce YouTube Originals in First Streaming Revenue Push, FT reports
The BBC plans to produce programmes for Google's YouTube for the first time, the Financial…
U.S. Banks Scramble After Trump Calls for Cap on Credit Card Interest Rates
New York: U.S. banks on Tuesday face a tricky political test in how to address…
China blocks Nvidia H200 imports, suppliers halt production: FT
Suppliers of parts for Nvidia's H200 have paused production after Chinese customs officials blocked shipments…
US regulators give Tesla five-week extension in Full Self-Driving probe
U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation…
Publishers seek to join lawsuit against Google over AI training
Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for…
Porsche Sales Sink to 16-Year Low as China Demand Slumps
German sports car maker Porsche suffered its biggest annual sales decline in 16 years in…
China-led digital currency platform tops $55B in transactions, denting dollar dominance
London: Transactions on a new China-led digital currency platform have surged to over $55 billion,…
Novo’s Wegovy pill tracks 3,071 prescriptions in first days of launch
London: Novo Nordisk's Wegovy pill hit 3,071 U.S. prescriptions in the first four days after…
Netflix eyes Warner Bros deal as Q4 results spotlight studio battle
Netflix's plans to accelerate revenue growth by buying Warner Bros will be in focus on…
BlackRock Q4 profit beats estimates as assets hit record $14 trillion
BlackRock's fourth-quarter profit surged past Wall Street estimates on Thursday while a rally in markets…
China clears American Axle’s acquisition of Dowlais after competition review
Hong Kong: China's market regulator said on Friday it approved Detroit-based American Axle & Manufacturing's…
Japan probes X over Grok AI, vows action on inappropriate images
Tokyo: Japan said on Friday that it has become the latest country to probe X…
Spirit AeroSystems union reaches tentative contract deal with Boeing
A union representing about 1,600 white-collar workers at fuselage supplier Spirit AeroSystems said on Thursday…
S. Korea’s $350B U.S. Investment Unlikely Before H1 2026, Won Pressure Limited
Seoul : South Korea's planned investment of $350 billion in strategic U.S. sectors under a trade…
China plans purchase rules for Nvidia H200 chips, Nikkei Asia reports
China is working to set rules on how many advanced artificial intelligence chip companies can…
Paramount Skydance Names Dennis Cinelli as CFO
Paramount Skydance on Wednesday named Dennis Cinelli as its chief financial officer, effective January 15,…
eBay unveils first climate transition plan, targets net-zero emissions by 2045
London: E-commerce company eBay unveiled its first climate transition plan on Wednesday and said it…
Trump says Venezuela should stay in OPEC, unsure if it helps US
Washington: President Donald Trump said on Wednesday that he believes it would be better for…
ASML Hits $500B Valuation as TSMC Boosts AI Chip Spending
Amsterdam: ASML, the world's biggest maker of equipment used to manufacture computer chips, crossed $500…
US judge dismisses CrowdStrike shareholder lawsuit over July 2024 global outage
A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded…
Infosys Raises Revenue Forecast, Signals Strong Demand Outlook
Bengaluru: India's No. 2 software services exporter Infosys unexpectedly raised its revenue forecast on Wednesday…
US Senate delays crypto bill talks after Coinbase CEO pushback
The United States Senate Banking Committee said on Wednesday it postponed a discussion of draft…
Boeing reaches tentative settlements in related 737 MAX crash lawsuits
Boeing has reached tentative settlements with a Canadian man who lost six relatives in the…
TSMC Q4 profit jumps 35%, beats forecasts on AI chip demand
Taipei: TSMC, the world's main producer of advanced AI chips and a major supplier to…
OpenAI signs $10 billion computing deal with Cerebras
OpenAI will purchase up to 750 megawatts of computing power over three years from chipmaker…
Honeywell Plans Confidential U.S. IPO Filing for Quantum Unit Quantinuum
Industrial company Honeywell said on Wednesday it plans for its majority-owned quantum computing unit Quantinuum…
KKR Raises $2.5B for Second Asia-Pacific Credit Fund
Global investment firm KKR said on Thursday that it has completed a $2.5 billion fundraising…
Alibaba upgrades Qwen AI to handle food orders and travel bookings
Beijing: Alibaba on Thursday launched significant upgrades to its Qwen artificial intelligence app, saying it…
Toyota Industries hits record high after takeover bid, hope of higher offer
Tokyo: Shares of forklift maker Toyota Industries surged to a record high on Thursday after…
Oracle sued by bondholders over undisclosed AI-driven debt sale
New York: Oracle was sued on Wednesday by bondholders who say they suffered losses because…
xAI Restricts Grok Image Editing After Sexualized Images Trigger Regulator Concerns
Elon Musk's artificial intelligence company xAI said late on Wednesday it imposed restrictions on all…
Microsoft buys record 2.85M soil carbon credits to offset AI-driven emissions
London: Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon…
Donald Trump slaps 25% tariff on Nvidia and AMD AI chips
U.S. President Donald Trump on Wednesday imposed a 25% tariff on certain AI chips, such…
Saks Global’s prime real estate emerges as key leverage in post-bankruptcy talks
Saks Global's prime real estate portfolio could serve as a crucial bargaining chip with lenders…
Apple to power Siri with Google’s Gemini under multi-year AI deal
Apple will use Google's Gemini models for its revamped Siri coming later this year under…
Spain Cabinet Backs Bill to Curb AI Deepfakes, Tighten Image Consent Rules
Madrid: Spain's cabinet on Tuesday approved draft legislation to curb AI deepfakes and tighten consent…
Meta Plan to Double Ray-Ban AI Smart Glasses Output, Bloomberg reports
Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses…
Nexperia and Wingtech clash in Dutch court over chipmaker control
Amsterdam: Lawyers for Dutch chipmaker Nexperia and Chinese owner Wingtech fought for control of Nexperia…
US senators unveil draft crypto regulation bill to clarify oversight, boost adoption
U.S. senators late on Monday unveiled draft legislation that would create a regulatory framework for…
Amazon in talks with vendors to adjust prices after China tariff cuts
Amazon said on Tuesday it held discussions with some vendors about adjusting costs to reflect…
‘Are you dead?’ Chinese app for single living goes viral
Hong Kong: An app called "Are you dead" targeted at people living alone has gone…
US approves Nvidia H200 chip exports to China with some conditions
Washington: The Trump administration on Tuesday gave a formal green light to China-bound sales of…
American Federation of Teachers quits X over “sickening” child images
Washington: The American Federation of Teachers says it is leaving X, citing the social media…
Taiwan Issues Arrest Warrant for OnePlus CEO Over Illegal Activities
Taipei: Taiwan prosecutors have issued an arrest warrant for the chief executive officer of Chinese…
China blocks Nvidia’s H200 AI chips at customs
Chinese customs authorities told customs agents this week that Nvidia's H200 artificial intelligence chips are…
Tesla to Offer Full Self-Driving Only via Monthly Subscription After Feb 14
Tesla CEO Elon Musk said on Wednesday that the electric vehicle maker's full self-driving (FSD)…
Amazon to appeal Italian court ruling on antitrust fine reduction
Rome: U.S. e-commerce giant Amazon said on Wednesday it would appeal against a decision by…
Malaysia to take legal action against X over Grok AI safety concerns
Kuala Lumpur: Malaysia's communications regulator said on Tuesday it will take legal action against social…
X outage eases after global access issues
An X outage eased on Tuesday after thousands of users worldwide reported issues with accessing…
Microsoft Moves to Cut Data Center Water Use, Ease Power Price Impact
Microsoft on Tuesday unveiled an initiative to curb water usage at its U.S. data centers…
Google to Make Premium Smartphones in Vietnam This Year
Google will start developing and manufacturing high-end smartphones in Vietnam this year, Nikkei Asia reported…
Mary Barra Says Weaker Fuel Rules Hit GM Harder Than Trade Shifts
Detroit: General Motors CEO Mary Barra said the Trump administration’s push to loosen fuel-economy rules…
Voice AI startup Deepgram raises $130 million to expand globally
Voice AI technology startup Deepgram said on Tuesday it raised $130 million at a $1.3…
Apple launches Creator Studio subscription at $12.99 a month
Apple on Tuesday unveiled Apple Creator Studio, a new subscription bundle of professional creative software…
BNY Beats Q4 Profit Estimates, Raises Key Profit Target
BNY beat Wall Street estimates for fourth-quarter profit on Tuesday and raised the target for…
US to invest $1B in L3Harris rocket motors to secure missile supply
The U.S. government will invest $1 billion in L3Harris Technologies' growing rocket motor business, guaranteeing…
BlackRock to Cut Hundreds of Jobs in Efficiency Push
London: BlackRock, the world's largest asset manager, will cut hundreds of jobs as part of…
Trump’s Iran tariff threat risks fresh clash with China
Beijing: Donald Trump's threat to slap a 25% tariff on countries that trade with Iran…
JPMorgan profit dips on one-time Apple card deal charge
JPMorgan Chase's profit fell in the fourth quarter as it took a one-time charge tied…
Russia Says Its Venezuela Oil Assets Are Not Up for U.S. Control
Moscow: Oil assets that Russia develops in Venezuela belong to Russia, which will continue working…
Orsted shares jump 6% as US court clears Revolution Wind project
Orsted shares jumped 6% on Tuesday after a U.S. court cleared the Danish offshore wind…
Alphabet briefly touches $4T as AI push reignites confidence
Alphabet briefly hit $4 trillion in market valuation on Monday, as the Google parent's sharpened…
Amazon adds Novo Nordisk’s Wegovy to its digital pharmacy lineup
Amazon announced Friday it now offers Novo Nordisk’s Wegovy weight loss pill through its digital…
Google adds Gemini-powered AI summaries to Gmail
Google is adding more Gemini features to Gmail, providing upgrades like artificial intelligence-generated summaries of…
Walmart partners with Google Gemini to simplify product discovery and shopping
Walmart and Google said Sunday that shoppers will soon be able to use Google’s artificial…
Amazon plans first big-box retail store in Chicago
Amazon has submitted plans for a large-format store near Chicago that would be larger than…
Goldman projects lower oil prices in 2026 as supply swells
Oil prices are likely to drift lower this year as a wave of supply creates…
Israeli cyber startup Torq raises $140 million at $1.2 billion valuation
Israeli cyber startup Torq said on Sunday it raised $140 million at a $1.2 billion…
JPMorgan Poised to Gain as U.S. Reopens Door to Venezuela Oil
New York/Houston: The U.S. involvement in Venezuela's oil sector offers a potential opportunity for international…
Indonesia blocks Elon Musk’s Grok over AI porn content concerns
Indonesia temporarily blocked Elon Musk's Grok chatbot on Saturday due to the risk of AI-generated…
Dar Global to launch $10bn Trump-branded luxury projects in Riyadh and Jeddah
Saudi real estate developer Dar Global will launch two Trump-branded luxury projects in Riyadh and…
Gold jumps 1% to a 2026 record high on safe-haven rush, weak US jobs data
Spot gold rose over 1% to hit its first record high of 2026 on Monday,…
Bessent Urges G7 to Cut Dependence on China for Critical Minerals
Washington: U.S. Treasury Secretary Scott Bessent will urge Group of Seven nations and others to…
Allegiant to Acquire Sun Country in $1.5 Billion Deal
Low-cost airline Allegiant will acquire Sun Country Airlines in a deal valued at about $1.5…
Trump may block Exxon from Venezuela after its CEO calls country “uninvestable”
U.S. President Donald Trump said on Sunday that he might block Exxon Mobil from investing…
Musk Says X to Open-Source Its Recommendation Algorithm in Seven Days
Elon Musk said on Saturday that social media platform X will open to the public…
Meta signs nuclear power deals, including Sam Altman backed firm, to fuel AI push
Meta on Friday announced agreements with three nuclear power providers, including one backed by OpenAI…
Trump calls for one-year cap on credit card interest rates at 10%
Washington: U.S. President Donald Trump said on Friday he was calling for a one-year cap…
Elon Musk’s X sues major music publishers over alleged licensing cartel
Washington: Elon Musk's X Corp sued 18 major music publishers and a leading U.S. music…
US Supreme Court to hear Cisco appeal on overseas human rights liability
Washington: The U.S. Supreme Court has agreed to hear Cisco Systems’ appeal seeking to limit…
Walmart to Replace AstraZeneca in Nasdaq-100
Walmart will replace British drugmaker AstraZeneca in the Nasdaq-100 Index on January 20, the exchange…
US drops plan to restrict Chinese drones after vehicle crackdown
Washington: The U.S. Commerce Department said on Friday it has withdrawn a plan to impose…
Newsom proposes $200M California EV rebates after federal $7,500 credit ends
Washington: California Governor Gavin Newsom is proposing $200 million in new state electric-vehicle tax rebates…
Wynn Resorts CFO Julie Cameron-Doe to Retire
Casino operator Wynn Resorts said on Friday that CFO Julie Cameron-Doe would retire and that…
FCC clears SpaceX to launch 7,500 more Starlink satellites
Washington: The Federal Communications Commission said on Friday it has approved SpaceX's request to deploy…
Rio Tinto–Glencore Mega Merger Could Trigger $100M+ Wall Street Fee Bonanza
Rio Tinto's ambition to acquire Glencore and create the world's largest mining company worth more…
Argentina repays U.S. for emergency currency swap loan
Buenos Aires: Argentina has repaid the United States for a currency swap framework it provided…
Stellantis pulls plug on Jeep and Chrysler plug-in hybrids in US
Chrysler parent Stellantis said on Friday it will stop selling plug-in hybrid versions of the…
OpenAI, SoftBank invest $1 billion in SB Energy for Stargate infrastructure expansion
OpenAI and SoftBank Group will invest $500 million each in SB Energy to expand data…
FAA clears Boeing 737 MAX 10 for next phase of flight testing
Seattle: The Federal Aviation Administration has approved Boeing's largest variant of its best-selling 737 MAX…
xAI Restricts Grok Image Tool After Sexualised AI Images Trigger Backlash on X
Elon Musk's startup xAI has put some restrictions on the image generation function of its…
Trump urges oil giants to invest $100B in Venezuela at White House meet
Washington: U.S. President Donald Trump met with executives from some of the world's largest oil…
Aktis Oncology prices upsized US IPO at $18 per share
Cancer drug developer Aktis Oncology said on Thursday it priced its upsized U.S. initial public…
Rio Tinto in early talks to acquire Glencore in potential $207B mining mega-merger
London/Sydney: Rio Tinto is in early talks for a possible acquisition of Glencore, the companies…
J&J Agrees to Cut U.S. Drug Prices in Deal for Tariff Exemptions
Johnson & Johnson said on Thursday that it has reached an agreement with U.S. President…
Paramount Calls Netflix’s Warner Bros Bid Weak, Labels Cable Assets “Worthless”
Paramount Skydance on Thursday reiterated that its $108.4 billion bid for Warner Bros Discovery was…
GM to take $6B hit as it scales back EV investments
Detroit: General Motors said on Thursday it would take a $6 billion charge to unwind…
China inflation hits 34-month high in December, stimulus bets grow
Beijing: China's annual consumer price inflation accelerated to a 34-month high in December, but the…
Dollar up in Asia as markets await U.S. jobs data, Supreme Court tariff ruling
Singapore: The U.S. dollar advanced at the start of the Asian session on Friday, as…
BlueScope’s top investor rejects $9 billion M&A offer for firm, calls it undervalued
Sydney: BlueScope Steel's largest investor, AustralianSuper, said on Friday a $9 billion takeover offer from…
xAI loss widens to $1.46 billion in September quarter, Bloomberg reports
Elon Musk's artificial intelligence startup xAI reported a net loss of $1.46 billion for the…
Moody’s Warns Trump’s 2027 Defense Spending Plan Could Deepen U.S. Fiscal Deficit
New York: U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely…
CK Hutchison Taps Goldman, UBS for A.S. Watson IPO
Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on…
Fitness tracking app Strava confidentially files for IPO, report says
Fitness tracking app Strava has confidentially filed for an initial public offering in recent weeks,…
Merck in talks to acquire Revolution Medicines in $28–32 billion deal
Merck is in talks to buy cancer drug developer Revolution Medicines in a $28 billion…
Fed to cut rates slightly this year, CBO forecasts
The Federal Reserve will likely cut rates a little more to "address downside risks to…
Trump orders his ‘Representatives’ to buy $200B mortgage bond to cut housing costs
Washington: U.S. President Donald Trump said on Thursday he is ordering his representatives to buy…
Nvidia Demands Full Upfront Payment from China for H200 AI Chips
Beijing/Shanghai: Nvidia is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence…
Volvo’s New Electric SUV Promises Up to 810 km Range on a Single Charge
Stolkholm: Volvo Cars' new electric mid-sized SUV, which launches later this month, will offer a…
Samsung Forecasts 3x Profit Surge on AI-Driven Memory Chip Boom
Seoul: Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a…
Elon Musk wins jury trial in lawsuit challenging OpenAI’s shift to for-profit
Washigtone: Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial…
Morgan Stanley Promotes 184 to Managing Director, Up 6% From Last Year
Morgan Stanley promoted 184 of its employees to managing directors this year, an about 6%…
Warner Bros Discovery Board Rejects $108.4B Paramount Skydance Hostile Bid
Los Angeles: Warner Bros Discovery's board unanimously turned down Paramount Skydance's latest attempt to acquire…
Chevron in talks with US to expand Venezuela oil license
Houston: Oil producer Chevron is in talks with the U.S. government to expand a key…
Ford to Launch Level 3 Hands-Free, Eyes-Off Driving on Highways by 2028
Las Vegas: Ford Motor said on Wednesday it would bring Level 3 driver-assistance systems to…
Anthropic eyes multi-billion fundraise at $350bn valuation
Anthropic is planning a multi-billion-dollar fundraise that would value the Claude chatbot maker at $350…
JPMorgan Replaces Goldman Sachs as New Issuer of Apple Card
JPMorgan Chase and Apple on Wednesday announced a deal under which the bank will become…
Rivian recalls nearly 19,700 EVs in U.S. over rear toe link issue
Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S.,…
Arm creates Physical AI unit to push deeper into robotics at CES
Chip technology company Arm Holdings has reorganized the company to create a Physical AI unit…
Uniqlo owner Fast Retailing hikes annual forecast after surge in quarterly profit
Tokyo: The operator of the Uniqlo clothing brand, Japan's Fast Retailing, said quarterly operating profit…
OpenAI sets aside 10% equity for employees at $500B valuation
OpenAI last fall set aside an employee stock grant pool equivalent to 10% of the…
India antitrust watchdog backs global turnover fines, opposes Apple challenge
New Delhi: A law used to calculate fines on the basis of a company's global…
Jensen Huang says China won’t announce H200 chip approval, signs will show in orders
Las Vegas: Nvidia CEO Jensen Huang said on Tuesday he does not believe China's government…
China reviews Meta’s $2B AI startup Manus deal over tech control concerns
Chinese officials are reviewing Meta's $2 billion acquisition of artificial intelligence startup Manus for possible…
Eli Lilly in talks to buy Ventyx Biosciences for $1B+, WSJ reports
Eli Lilly is in advanced talks to buy Ventyx Biosciences for more than $1 billion,…
Australia inflation cools in November, but sticky core keeps rate-hike fears alive
Sydney: Australian consumer prices rose by less than forecast in November, data showed on Wednesday,…
Chat platform Discord confidentially files for U.S. IPO: Bloomberg reports
Chat platform Discord filed confidentially for an initial public offering in the United States, Bloomberg…
Barclays buys stake in U.S. stablecoin firm Ubyx, eyes new digital money
Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, its first such investment and…
xAI Raises $20B in Oversubscribed Series E to Scale AI Models and Compute
Elon Musk's artificial intelligence startup xAI announced Tuesday it raised $20 billion in an upsized…
Huawei spin-off xFusion taps Citic for IPO as AI investor frenzy builds
Shanghai: China's leading AI server provider xFusion has hired Citic Securities in preparation for an…
BlueScope Investors Push for Higher Buyout Offer to Back A$13.2bn Deal
Sydney: BlueScope Steel investors said they are hoping a A$13.2 billion ($8.92 billion) buyout bid…
Lenovo Teams Up With Nvidia to Fast-Track AI Data Centres
China's Lenovo, the world's largest personal computer maker, on Tuesday said it has teamed up…
Hyundai Motor shares jump nearly 15% to record high on Nvidia tie-up buzz
Seoul: Shares of Hyundai Motor rallied on Wednesday by as much as 14.9% to hit…
Venezuela agrees to export up to $2 billion in crude to the US, Trump says
Houston/Washington: Caracas and Washington have reached a deal to export up to $2 billion worth…
Berkshire Hathaway Raises New CEO Greg Abel’s Pay to $25 Million
Berkshire Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel…
Amazon Cloud partners Aumovio to power rollout of Aurora’s self-driving trucks
Las Vegas: Amazon's cloud unit has partnered with German automotive hardware supplier Aumovio to support…
Mobileye to buy humanoid robotics startup Mentee Robotics for $900M
Las Vegas: Mobileye Global on Tuesday said it would acquire humanoid robotics startup Mentee Robotics…
American Airlines to offer free in-flight Wi-Fi for loyalty members with AT&T partnership
American Airlines said on Tuesday it would launch free in-flight Wi-Fi in partnership with telecom…
Meta Pauses Global Rollout of Ray-Ban Smart Glasses Amid US Demand Surge
Meta said on Tuesday it has decided to pause international expansion of its Ray-Ban Display…
Saudi Arabia to Open Financial Markets to All Foreign Investors from Feb 1
Saudi Arabia plans to open its financial markets to all foreign investors from February 1,…
Porsche and Volkswagen Recall Over 500,000 US Vehicles Over Rearview Mirror Fault
Berlin: Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to…
Sony Honda Mobility debuts new EV prototype at CES Las Vegas
Sony Honda Mobility unveiled its new prototype electric vehicle at the CES trade show in…
Global Memory Chip Stocks Jump on AI-Driven Supply Crunch
Shares of the world's top memory chip providers rose on Monday as investors bet on…
Japan’s small business lobby urges action on inflation, weak yen to lift real wages
Tokyo: A business lobby representing small and midsize firms urged the government to address inflation,…
BMW US Q4 2025 Sales Slip 3.4% as EV Demand Cools
Berlin: German carmaker BMW reported a 3.4% decline in sales in the United States in…
Pop Mart expands manufacturing to meet global demand
Beijing: Chinese toymaker Pop Mart has added manufacturing facilities in Mexico, Cambodia and Indonesia as…
AB InBev to buy back 49.9% stake in US metal container plants for $3bn
Anheuser-Busch InBev will buy back a 49.9% stake in its metal container plants in the…
AMD shows off new higher performing AI chip at CES event
Advanced Micro Devices CEO Lisa Su showed off a number of the company's AI chips…
Samsung Flags 160% Profit Surge as AI Chip Shortage Pushes Memory Prices Up
Seoul: Samsung Electronics expected to flag a 160% jump in its fourth-quarter operating profit spurred…
Jollibee to Spin Off Global Business, List U.S. Unit Separately
Singapore: Jollibee Foods Corp plans to spin off its international operations and list the new…
Asian stocks extend record rally as Wall Street highs set the pace
Tokyo: Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street…
Nvidia CEO Jensen Huang Says Next-Gen AI Chips in Full Production, Deliver 5× Performance
Las Vegas: Nvidia CEO Jensen Huang said on Monday that the company’s next generation of…
US factory sector slumped to 14-month low as 2025 ended, ISM says
U.S. manufacturing activity contracted more than expected in December, extending its slump to 10 straight…
Kia targets 3.35 million vehicle sales in 2026
Seoul: South Korean automaker Kia Corp said in a regulatory filing on Monday it is…
US Warns India of Tariffs Over Russian Oil Purchases
New Delhi: The United States could raise tariffs on India if New Delhi doesn't meet…
Samsung to Double Gemini-Powered AI Phones in 2026, Co-CEO Says
Seoul: Samsung Electronics plans to double this year the number of its mobile devices with…
Markets Steady as U.S. Captures Venezuela’s Maduro, Oil Volatile and Gold Rises
Singapore: Global investors are facing a fresh surge in geopolitical risk after the U.S. capture…
James Cameron’s Avatar: Fire and Ash Crosses $1 Billion Worldwide
James Cameron's science-fiction fantasy "Avatar: Fire and Ash" has surpassed $1 billion in global box…
European stocks mixed as markets react to U.S. move against Venezuela’s Maduro
London: European stocks are expected to open in mixed territory Monday as global markets react…
US New Car Sales Rise 2% in 2025 Despite Industry Turmoil
Detroit: Sales of new cars in the United States rose about 2% in 2025, analysts…
OPEC+ Holds Oil Output Steady, Skips Politics in Brief Meeting
Dubai/London: OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion…
Saks Global in Talks for $1B Loan Ahead of Possible Chapter 11 Filing, Bloomberg reports
Saks Global Enterprises is in talks to secure a loan of about $1 billion as…
Japan factory activity stalls in December, PMI shows
Tokyo: Japan's manufacturing activity stalled in December as demand declined at a slower pace from…
U.S. tells oil firms to reinvest in Venezuela to recover seized assets
Houston: White House and State Department officials have told U.S. oil executives in recent weeks…
Honda Extends China Plant Shutdown as Chip Shortage Drags On
Tokyo: Honda Motor said on Monday it will extend a production halt at three car…
New Zealand launches review of medical portal hack
Wellington: New Zealand’s health ministry will look into the cause of a cybersecurity breach of…
Airlines Add Extra Flights as FAA Curbs Strand Caribbean Travelers
Airlines scrambled to add dozens of extra flights for tens of thousands of stranded travelers…
ServiceNow to Buy Cyber Startup Armis for $7.75 Billion
ServiceNow has announced that it has agreed to buy cybersecurity startup Armis for $7.75 billion…
Samsung Electronics says customers praised competitiveness of HBM4 chip
Seoul: Samsung Electronics customers have praised the differentiated competitiveness of its next-generation high-bandwidth memory (HBM)…
China taxes condoms, contraceptive drugs in bid to spur birth rate
Hong Kong: China removed a three-decade-old tax exemption on contraceptive drugs and devices from Jan…
BYD Sales Slide in December as China’s EV Price War Bites
BYD sharply declined in December from a year before, as it closed the curtains on…
US strikes on Venezuela disrupt Caribbean flights, thousands stranded
Airlines cancelled hundreds of flights to Puerto Rico and other parts of the Caribbean on…
Trump claims US oil giants ready to pour billions into Venezuela after Maduro falls
President Donald Trump made clear Saturday that U.S. investment in oil-rich Venezuela’s energy sector is…
Tesla December Sales in Spain Drop 44.2% to 1,794 Vehicles
Tesla's new car sales in Spain fell 44.2% in December from the same month in…
Fed’s Anna Paulson Signals Rate Cuts Likely on Hold for Now
Federal Reserve Bank of Philadelphia President Anna Paulson said on Saturday that further central bank…
Investors and economists react to US capture of Venezuela’s Maduro
The United States said it had struck Venezuela and captured its long-serving President Nicolas Maduro…
Short Interest Jumps in Trump Social Media Stock After Merger News
Short interest in U.S. President Donald Trump's social media company has jumped following a recent…
Trump Says U.S. Strike Captures Venezuela’s President Maduro
U.S. President Donald Trump said Saturday the United States conducted a large-scale strike in Venezuela…
Airbus to Release Audited 2025 Delivery Data on Jan 12, Signals Confidence in 790 Target
Airbus confirmed on Friday it would issue audited year-end commercial data on January 12 in…
Saks Global CEO Marc Metrick Steps Down, Richard Baker Takes Over
Saks Global said on Friday CEO Marc Metrick has stepped down, naming Executive Chairman Richard…
Grok Admits Safeguard Lapse After Minor-Related Images Appear on X
Elon Musk's xAI artificial intelligence chatbot Grok said on Friday lapses in safeguards had resulted…
Rivian Misses 2025 EV Delivery Estimates as Demand for High-Priced Models Slows
Rivian on Friday reported 2025 electric vehicle deliveries that fell slightly more than expected, underscoring…
BYD Overtakes Tesla as World’s Top EV Maker After Second Year of Sales Decline
Tesla loses its crown as the world's top electric vehicle maker to China's BYD after…
German exporters brace for weak US and China demand through 2026
Berlin: German exporters should prepare for continued weakness in 2026 in their two largest markets,…
Poland’s JSW Warns Workers of Irreversible Fallout Without Union Approval of Rescue Plan
Gdansk: State-controlled Polish miner JSW on Friday warned its employees of irreversible consequences unless unions…
Orsted to challenge U.S. halt on $5B Revolution Wind project
Oslo: Denmark's Orsted said on Friday it was challenging the U.S. government's suspension of the…
India approves electronic component projects worth $4.6 billion
India has approved projects worth 418.63 billion rupees ($4.64 billion) from a host of companies…
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong IPO
Chinese internet search giant Baidu said on Friday its AI chip unit Kunlunxin has confidentially…
Sovereign Funds Pour $132B Into US in 2025 as Emerging Markets Lose Steam
London: Sovereign wealth and public pension fund investors poured a whopping $132 billion - roughly…
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Seoul: Bain Capital is buying a 43.66% stake in South Korea's Echo Marketing, which owns…
Starlink to Lower 550 km Satellites to 480 km in 2026 Reconfiguration
Starlink will begin a reconfiguration of its satellite constellation by lowering all of its satellites…
US sharply cuts proposed anti-dumping duties on Italian pasta makers
Rome: The United States sharply lowered proposed new duties on several Italian pasta makers following…
Asia factories rebound late 2025 as AI-driven exports lift growth
Singapore: Asia's factory powerhouses closed 2025 on a firmer footing, with activity swinging back to…
Dollar edges up to start 2026, yen slips as markets await U.S. data
London: The U.S. dollar made a slightly positive start to 2026 on Friday after struggling…
Trump Media to Airdrop Digital Token to Shareholders
Trump Media and Technology Group said on Wednesday it will distribute a new digital token…
Bitcoin heads for first yearly loss since 2022 amid macro pressure
Bitcoin is on track to post its first annual loss since 2022, as macroeconomic pressures…
Lockheed Martin gets $328.5 million Taiwan military sale contract, Pentagon says
Washington: The Pentagon said on Wednesday that Lockheed Martin was given a contract involving foreign…
Neuralink to Begin High-Volume Brain Implant Production in 2026, Musk says
Elon Musk's brain implant company Neuralink will start "high-volume production" of brain-computer interface devices and…
Boeing awarded $2.7 billion Apache helicopter support contract, Pentagon says
The U.S. military has awarded Boeing a $2.7 billion contract for post-production support services related…
China’s LandSpace targets $1.07bn IPO to scale reusable rocket tech
Beijing: China's rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in a…
Shanghai Biren raises $717 million in Hong Kong IPO
Chinese AI chip startup Shanghai Biren Technology has raised HK$5.58 billion ($716.85 million) in its…
Trump Mobile delays gold smartphone launch beyond year-end
Trump Mobile has pushed back plans to deliver its gold-colored smartphone by year-end, the Financial…
NYC Mayor-elect Zohran Mamdani taps ex-Paul Weiss partner as city’s top lawyer
Incoming New York City Mayor Zohran Mamdani on Tuesday named his pick to be the…
Finland seizes Russia-linked ship over suspected Baltic undersea cable sabotage
Helsinki: Finnish police on Wednesday seized a ship sailing from Russia on suspicion of sabotaging…
Netflix Christmas Day NFL streaming sets new records
Netflix's Christmas Day National Football League broadcasts set new records, with the Detroit Lions vs…
Reliance denies any $30B claim by Indian government in BP-linked case
India's Reliance Industries said on Monday that there was no claim from the Indian government…
FDA rejects Corcept’s rare hormonal disorder drug
The U.S. Food and Drug Administration has declined to approve Corcept Therapeutics' drug for the…
US grants annual licence to TSMC for chip equipment imports to China plant
The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S.…
France to Ban Social Media for Under-15s, Phones in Schools From 2026
Paris: France plans to ban children under 15 from social media sites and to prohibit…
Nvidia in advanced talks to acquire Israel’s AI21 Labs in a $3 billion deal
Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much…
SoftBank completes $41bn OpenAI investment, takes 11% stake
SoftBank Group announced that it has completed a $41 billion investment in OpenAI, one of…
Disney to pay $10m to settle child privacy violations over YouTube videos
Walt Disney has agreed to pay a $10 million civil penalty as part of a…
Platinum set for strongest monthly rally in nearly 40 years as supply tightens
Platinum prices are on track for their strongest monthly rally in nearly four decades in…
Porsche recalls 173,538 US vehicles over rearview camera failure
Porscheis recalling 173,538 vehicles in the U.S. as the rearview camera image may not display…
China urges Netherlands to correct Nexperia “mistakes”
China urged the Netherlands on Wednesday to correct what it said were "mistakes" in relation…
UniCredit agrees with unions on voluntary exits and new hires
Italy's second-biggest bank UniCredit has signed an agreement with banking union FABI and other trade…
Mexico Slaps New Tariffs on Asian Imports
Mexico's sweeping new tariffs on imports from mostly Asian countries are set to take effect…
Poland urges EU probe into TikTok over alleged Russian AI disinformation
Poland has asked the European Commission to investigate TikTok after the social media platform hosted…
Elon Musk’s xAI buys third facility, targets nearly 2 GW AI training power
Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third building…
Trump administration lifts sanctions on three Intellexa-linked executives
President Donald Trump's administration has lifted sanctions on three executives tied to the spy software…
Warner Bros Discovery set to reject Skydance–Paramount’s $108.4B hostile bid, Source says
Warner Bros Discovery will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the…
U.S. Virgin Islands Sues Meta Over Scam Ads, Child Safety Failures
The attorney general of the U.S. Virgin Islands has sued MetaMeta Platforms, accusing the Facebook…
U.S. grants 2026 chip equipment licence to Samsung, SK Hynix for China plants
The U.S. government has granted an annual licence to Samsung Electronics and SK Hynix to…
ByteDance to Spend $14.3bn on Nvidia AI Chips in 2026, SCMP reports
ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from…
Cleary Gottlieb Hires Veteran to Lead Shareholder Activism Defense
International law firm Cleary Gottlieb Steen & Hamilton has hired an industry veteran to lead…
Novo Nordisk, Eli Lilly Cut Prices of Obesity Drugs in China
Novo Nordisk and Eli Lilly are lowering prices of their top-selling obesity drugs Wegovy and…
Fed’s Overnight Liquidity Facility Sees Uptick in Use
A key Federal Reserve overnight liquidity facility saw increased use on Monday, data from the…
Meta to Acquire Chinese-Founded AI Startup Manus
Meta said on Monday it would acquire Chinese-founded artificial intelligence startup Manus, as the technology…
U.S. stock futures steady after tech-led selloff
U.S. stock index futures steadied on Tuesday, a day after the three main indexes logged…
Indonesia to Cut Mining Output Quotas to Support Coal Prices
The Indonesian government will cut mining output quotas in order to support the prices of…
Germany to drop probe into Alisher Usmanov after €10 million settlement
Germany has agreed with billionaire Alisher Usmanov to close investigations into his alleged foreign trade…
Frontera Energy Signs $120M Two-Year Crude Supply Deal With Chevron Unit
Frontera Energy's Colombian unit has signed a prepayment and commercial agreement worth up to $120…
Colombia hikes 2026 minimum wage by 22.7% to 1.75 million pesos
Colombia's government will raise the country's minimum wage to 1.75 million pesos per month ($470),…
Citigroup to sell Russia unit to Renaissance Capital, expects $1.2bn pre-tax loss
Citigroup to sell Russia unit to Renaissance Capital, expects $1.2bn pre-tax lossCitigroup on Monday said…
Verisk scraps $2.35bn AccuLynx deal after regulatory delay
Data analytics firm Verisk said on Monday it had pulled the plug on its planned…
Octopus Energy to spin off Kraken tech arm at $8.65 billion valuation
Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as…
Pentagon announces $8.6 billion Boeing contract for F-15 jets for Israel
Boeing was given an $8.6 billion contract for the F-15 Israel Program, the Pentagon said…
Axis International seeks $28.9bn after Guinea scraps bauxite mine permit
Axis International Ltd is seeking $28.9 billion from Guinea at a World Bank tribunal after…
Brazil court orders 80% staffing at Petrobras amid ongoing strike
Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities…
China’s Spring, Juneyao to Buy 55 Airbus A320 Jets
China's Spring Airlines and Juneyao Airlines on Monday announced plans to buy 30 and 25…
U.S. pending home sales jump in November on improving affordability
Contracts to purchase previously owned U.S. homes unexpectedly shot to the highest in nearly three…
Coupang to Pay $1.18 Billion in Vouchers After Massive Data Leak
South Korean e-commerce company Coupang announced on Monday a compensation deal worth 1.69 trillion won…
Potanin JV buys 25% stake in Selectel to back Russia’s home-grown AI push
A joint venture controlled by Russian billionaire Vladimir Potanin has acquired a 25% stake in…
SoftBank to buy DigitalBridge for $4B to expand AI portfolio
SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4…
Oil jumps over $1 as Ukraine peace talks clash with Middle East supply fears
Oil prices rose by more than $1 on Monday as investors weighed talks between the…
Lululemon founder launches proxy fight after CEO exit
Lululemon Athletica's founder Chip Wilson said on Monday he had launched a proxy fight, nominating…
Nvidia buys $5 billion stake in Intel, offering lifeline after chipmaker’s long slump
Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a…
China proposes tighter rules on emotionally interactive AI services
China's cyber regulator on Saturday issued draft rules for public comment that would tighten oversight…
China flexes muscle on BHP, ramps up hardball tactics to squeeze iron ore giants
China's state iron ore buyer is using increasingly hardball tactics against mining giants such as…
Leapmotor Targets 4 Million Annual EV Sales Within a Decade, CEO Says
Chinese electric vehicle (EV) maker Leapmotor expects to sell more than 4 million vehicles a…
China to cut tariffs on select imports, from next year
China announced on Monday tariff adjustments for some products beginning next year, including lowering the…
Israeli Tech Workers Seek Relocation Abroad as Gaza War Drags On: IATI
Requests to relocate abroad by Israelis working at multinational companies operating in Israel rose in…
Amazon scraps drone delivery plans in Italy
Amazon said on Sunday it has decided not to pursue plans to deliver goods by…
Coupang founder Kim Bom apologises for data leak, promises compensation plan
Online retailer Coupang's founder Kim Bom apologised for the first time for a recent leak…
New York to mandate mental health warning labels on social media for youth
Social media platforms with infinite scrolling, auto-play and algorithmic feeds will be required to display…
Oil falls over 2% on global supply glut fears, Ukraine peace talks in focus
Oil prices settled more than 2% lower on Friday as investors weighed a looming global…
Nestlé Sees L’Oréal Stake as Financial Investment, CEO Says
Nestle views its stake in L'Oreal as a financial investment, and while it is regularly…
Winter Storm Devin Disrupts US Holiday Travel, Thousands of Flights Canceled or Delayed
Airlines in the United States have canceled or delayed thousands of flights on Friday, according…
TCIM Takes Stake in Target, Ramping Up Pressure on Struggling Retailer
Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the…
Dow, S&P 500 hit record highs in holiday-shortened U.S. session
U.S. stocks closed higher on Wednesday, as the Dow Industrials and S&P 500 registered record…
Atos to sell Latin America operations to Brazil’s Semantix in restructuring move
French IT company Atos said on Friday it signed a binding agreement to sell its…
Argentina Congress Passes 2026 Budget, First Under Milei
Argentina's Congress passed the 2026 budget on Friday, the first approved by legislators since President…
Vanke Bondholders Approve Grace Period Extension, Reject One-Year Repayment Delay
China Vanke's bondholders approved a proposal by the state-backed developer to extend the grace period…
Germany clears path for Uniper dividends, boosts re-listing plans
Germany on Friday passed a law that will enable Uniper to resume dividend payments, removing…
China to Fast-Track IPOs for Reusable Rocket Firms on STAR Market
Chinese companies developing reusable commercial rockets will have access to a fast lane for initial…
Trian, General Catalyst to buy Janus Henderson for $7.4B
Nelson Peltz's Trian and VC firm General Catalyst have agreed to buy asset manager Janus…
Indonesia Flags $8.5B in Potential 2026 Fines From Illegal Palm Oil, Mining Operations
Indonesia has identified potential fines amounting to $8.5 billion that the government could collect in…
South Korea indicts 10 over alleged leak of memory chip technology to China’s CXMT
South Korean prosecutors have indicted 10 people on suspicion of leaking memory chip manufacturing technology…
Wingtech Must Retake Control of Dutch Chipmaker Nexperia, Chairman Says
China's Wingtech Technology must take back control of Netherlands-based chipmaker Nexperia, Chinese state-owned Shanghai Securities…
Uganda Restricts Starlink Imports Ahead of Election, Raising Fears of Internet Shutdown
Uganda's government has restricted imports of Starlink satellite internet equipment weeks before a national election…
China launches three venture capital funds to back hard-tech innovation, state media report
China on Friday launched three venture capital funds to invest in "hard technology" areas, state…
Silver Tops $75 as Gold, Platinum Hit Records on Rate-Cut Hopes, Geopolitical Fears
Silver breached the $75 mark for the first time on Friday, while gold and platinum…
Sanofi to Acquire Dynavax for $2.2 Billion, Expanding Vaccine Portfolio
Sanofi said on Wednesday it will buy U.S. biotech Dynavax Technologies for around $2.2 billion…
US auto safety regulator probes Tesla Model 3 over emergency door release concerns
The U.S. auto safety regulator said on Wednesday it has opened a defect investigation into…
China iPhone shipments surge 128.4% in November, data shows
Shipments of foreign-branded mobile phones, including Apple's iPhones, rose 128.4% in China in November from…
U.S. Gives Serbian Oil Refiner NIS to Negotiate Russian Stake Sale
The U.S. has granted Serbian oil refiner NIS until March 24 to negotiate the sale…
U.S. Judge rejects business lobby challenge to Trump’s $100,000 H-1B visa fee
A federal judge on Tuesday rejected a challenge by the largest U.S. business lobby group…
U.S. Firms Sell Potential Trump Tariff Refunds to Investors for Quick Cash
Some U.S. companies are hedging their bets on the Supreme Court case against President Donald…
Raytheon wins $1.7 billion Patriot missile defence contract from Spain
Raytheon Technologies, a unit of RTX Corp, won a $1.7 billion contract to deliver four…
BP to sell 65% stake in Castrol to Stonepeak for $6 billion
BP has agreed to sell a 65% stake in its Castrol lubricants business to U.S.…
Democratic Governors Urge Trump Administration to Lift East Coast Offshore Wind Halt
Four Democratic governors wrote to U.S. Interior Secretary Doug Burgum on Wednesday to ask the…
Nvidia licenses Groq chip tech, hires startup’s Google-veteran CEO
Nvidia has agreed to license chip technology from startup Groq and hire away its CEO,…
U.S. Factory Output Flat in November as EV Tax Credits Expire
U.S. factory production was unchanged in November after declining in October as motor vehicle output…
Samsung to acquire ZF’s autonomous driving tech unit in $1.8 billion deal
Samsung Electronics announced on Tuesday a $1.8 billion deal to acquire Germany's ZF Friedrichshafen's autonomous…
Coupang Sued in U.S. Investor Class Action After Data Breach Exposes 33M Users
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor…
Honeywell to take $470M one-time charge tied to Flexjet litigation
Honeywell said on Monday it expects to record a one-time charge of about $470 million…
Japan to tighten rules and end subsidies for large-scale solar projects
The Japanese government will tighten regulations and end financial support for large-scale solar power projects…
China urges TikTok deal that complies with laws and balances all sides
The Chinese government would like to see companies reach solutions that comply with Chinese laws…
Hyundai recalls 51,587 vehicles in U.S. over trailer light wiring fire risk
Hyundai Motor is recalling 51,587 vehicles in the U.S. because a short circuit in non-functioning…
Boeing Wins $2B Contract for Engine Replacement Program, Pentagon says
Boeing has been awarded a $2 billion order related to the B-52 commercial engine replacement…
Apple to Allow Third-Party App Stores on iOS in Brazil After CADE Case
Apple will allow other app stores besides its own in the tech giant's iOS operating…
Italy orders Meta to halt WhatsApp terms that may block rival AI chatbots
Italy's antitrust authority (AGCM) on Wednesday ordered Meta Platforms to suspend contractual terms that could…
Agios shares jump after FDA approves expanded use of blood disorder drug
Shares of Agios Pharmaceuticals jumped nearly 12% premarket on Wednesday after the U.S. Food and…
Nike shares jump after Apple CEO Tim Cook buys $3 million stake
Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook…
Gold hits record above $4,500 as rate-cut bets spark precious metals rally
Gold broke above $4,500 an ounce for the first time on Wednesday while silver and…
Texas judge blocks state law requiring age verification on app stores to protect children
A federal judge in Texas on Tuesday blocked Texas from enforcing a new state law…
Trump administration to impose tariffs on Chinese chip imports, delayed until 2027
President Donald Trump's administration on Tuesday said it will slap tariffs on Chinese semiconductor imports…
25,000 Engineers Sign Up for Trump’s AI-Focused Tech Force
Roughly 25,000 people have expressed interest in joining the Trump administration's cadre of engineers known…
WhatsApp Slams Russia for Curtailing Private Messaging Ahead of Holidays
WhatsApp criticised restrictions to its service in Russia on Tuesday, accusing the authorities of trying…
Novo Nordisk stock jumps 7.5% after FDA approves weight-loss pill
Novo Nordisk shares rose 7.5% in early trading on Tuesday after the U.S. Food and…
Alphabet to buy clean energy firm Intersect for $4.75B to power AI growth
Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in…
Netflix refinances bridge loan to fund potential Warner Bros deal
Netflix has refinanced a part of its $59 billion bridge loan to support its potential…
New York Times reporter sues xAI, OpenAI, Google, Meta over chatbot training
An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued…
Europe car sales rise for fifth straight month as EV demand lifts November numbers
New car sales in Europe rose year-on-year in November for a fifth consecutive month, helped…
US watchdog says earned wage advances aren’t loans, reversing Biden-era view
A U.S. consumer finance agency said on Monday that popular "earned wage" advances on worker…
FanDuel, CME Group launch prediction markets in five U.S. states
Sports betting firm FanDuel and derivatives exchange heavyweight CME Group on Monday announced the launch…
FCC moves to block foreign-made drones over U.S. security risks
The Federal Communications Commission said on Monday it was adding China's DJI, Autel and all…
Trump administration suspends five US offshore wind projects, wind stocks slide
The Trump administration suspended leases on Monday for five large offshore wind projects that are…
Australian retirement fund to buy $576 million stake in Westfield Sydney mall
The Australian Retirement Trust (ART) will acquire a near 20% stake in Scentre Group's iconic…
Amazon’s Zoox recalls 332 self-driving vehicles in US over software flaw
Amazon's self-driving unit Zoox is recalling 332 vehicles in the U.S. over an automated driving…
Mercedes-Benz to pay $120M to settle U.S. Dieselgate emissions case
Mercedes-Benz said on Monday it will pay out $120 million to multiple U.S. states over…
Japan to restart world’s largest nuclear plant, nearly 15 years after Fukushima
Japan is set to take the final step to restart the world's largest nuclear power…
China Holds Loan Prime Rates Steady Despite Economic Slowdown
China’s central bank kept its loan prime rates steady on Monday, even as the world’s…
FDA approved Novo Nordisk’s weight-loss pill
The U.S. Food and Drug Administration approved Novo Nordisk's weight-loss pill on Monday, giving the…
U.S. Growth Cools After Solid Start as Living Costs Rise, Shutdown Bites
The U.S. economy likely grew at a brisk clip in the third quarter, driven by…
Toyota recalls 55,405 U.S. vehicles over loose inverter bolt risk
Toyota is recalling 55,405 vehicles in the U.S. as bolt inside the inverter may not…
Larry Ellison personally backs $40.4B Skydance bid to block Netflix from Warner Bros deal
Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's…
Nvidia to Start H200 Chip Shipments to China by Mid-February
Nvidia has told Chinese clients it aims to start shipping its second-most powerful AI chips…
Cerebras Systems readies U.S. IPO filing, eyes Q2 2026 listing
AI chip maker Cerebras Systems is preparing to file for a U.S. initial public offering…
Dina Powell McCormick exits Meta board just eight months after joining
Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight…
FDA fast-tracks approval of six Altria-owned on! PLUS nicotine pouches
The U.S. Food and Drug Administration said on Friday it has authorized the marketing of…
Oscars to Stream on YouTube Starting 2029 Under New Multiyear Deal
The 101st Academy Awards will be hosted on YouTube. The Academy of Motion Picture Arts…
Seatrium settles with Maersk to deliver New York offshore wind vessel
Singapore-based shipbuilder Seatrium said on Monday it has reached a settlement with Denmark's Maersk to…
Waymo Resumes Driverless Rides in San Francisco After Blackout Pause
Alphabet-owned Waymo has resumed its driverless ride-hail service in the San Francisco Bay Area after…
China power market revamp fuels global energy storage boom
A revamp of China's electricity market is boosting the economics of storing power just as…
MSCI May Drop Michael Saylor’s Strategy, Wiping Out Up to $9B in Share Demand
Michael Saylor's Strategy could soon be dropped from MSCI and potentially other major stock indexes,…
Elon Musk becomes world’s first $700 billion person after pay package ruling
Tesla CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware…
Oil jumps after U.S. intercepts Venezuelan oil tanker
Oil prices climbed in early trade on Monday after the U.S. intercepted an oil tanker…
Permira–Warburg Pincus-led group to buy Clearwater Analytics in $8.4B deal
A group of private equity firms led by Permira and Warburg Pincus has clinched a…
China to roll out new internet platform pricing rules from April 10
China's cyberspace authority said on Saturday it would introduce new regulations to regulate pricing on…
EU Council backs digital euro with both online and offline use
The EU Council on Friday backed a negotiating position for a digital euro that includes…
Italy fines Apple €98.6 million for abusing dominance in iOS app distribution
Italy's competition authority said on Monday it had fined U.S tech giant Apple and two…
South Korea orders SK Telecom to compensate 58 users after hacking incident
South Korea's consumer agency said on Sunday it would order SK Telecom to compensate 58…
Visa, Mastercard to Pay $167.5M to Settle ATM Fee Lawsuit
Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class…
SoftBank races to lock in $22.5B OpenAI funding, sources says
SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year-end…
USDA rules out more farm aid beyond $12B package
The U.S. Department of Agriculture is not considering issuing more farm aid beyond its recently…
US antitrust agencies clear Nvidia’s investment in Intel
U.S. antitrust agencies have cleared Nvidia's investment in Intel, according to a notice posted by…
Medtronic’s MiniMed Group Files for U.S. IPO Ahead of Diabetes Unit Spin-Off
Medtronic's MiniMed Group filed for a U.S. initial public offering on Friday, as the medical…
Starbucks names Amazon’s Anand Varadarajan as CTO, effective Jan 19
Starbucks said on Friday it has appointed Anand Varadarajan as its new chief technology officer,…
Union Pacific, Norfolk Southern file STB bid for first coast-to-coast U.S. railroad
Railroad operators Union Pacific and Norfolk Southern on Friday filed a nearly 7,000‑page merger application…
Delaware Supreme Court restores Elon Musk’s $56B Tesla pay package
Elon Musk's 2018 pay package from Tesla, once worth $56 billion, was restored by the…
Trump, 9 Pharma Giants Strike Deal to Cut Drug Prices
U.S. President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will…
Google warns U.S. visa staff to avoid overseas travel amid embassy delays
Alphabet's Google has advised some employees on U.S. visas to avoid international travel due to…
Boeing seeks FAA emissions waiver to sell 35 more 777 freighters amid certification delays
Boeing on Friday asked the Federal Aviation Administration for a waiver of airplane emissions rules…
7-Eleven CEO Joe DePinto to Retire After 20 Years
Convenience store chain 7-Eleven Inc said on Friday that Chief Executive Officer Joe DePinto will…
Aktis Oncology Files for US IPO as Biotech Listings Rebound
Aktis Oncology filed for an initial public offering in the United States on Friday, as…
Bombardier’s Global 8000, fastest civil jet since Concorde, wins FAA certification
Bombardier's Global 8000 business jet, the world's fastest civilian plane since the Concorde, has received…
Google Cloud seals its biggest-ever security deal with Palo Alto Networks
Alphabet's cloud computing unit and cybersecurity company Palo Alto Networks on Friday announced an expanded…
Harris Associates open to higher Paramount Skydance bid for Warner Bros Discovery
Harris Associates, the fifth largest shareholder in Warner Bros Discovery, said on Thursday it would…
ByteDance strikes deal to shift TikTok U.S. control to American investors, averting ban
TikTok's Chinese owner ByteDance signed binding agreements to form a joint venture that will hand…
Volaris, Viva Agree to Merge, Creating Mexico’s Largest Domestic Airline
Mexico's two busiest airlines, Volaris and Viva, said on Thursday they have agreed to merge,…
Zara uses AI to create model images, speeding up fashion shoots
Zara has become the latest fast-fashion retailer to use AI to help create new images…
Bank of England Cuts Rates, Signals Slower Easing Ahead
The Bank of England cut interest rates on Thursday after a narrow vote by policymakers…
Yen Slides After BOJ Hike as Future Rate Path Stays Unclear
The yen weakened in volatile trade on Friday after the Bank of Japan delivered a…
BlackBerry lifts FY26 revenue outlook on strong cybersecurity demand
BlackBerry on Thursday raised the lower end of its fiscal 2026 revenue forecast, signalling strong…
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…
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…
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…
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…
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…
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…
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,…
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…
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,…
US inflation hits 18-month high, tariffs deepen cost-of-living pain
U.S. consumer prices likely increased by the most in 1-1/2 years in the year to…
China launches $113 billion free-trade experiment on Hainan island
China on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked…
Elliott Management Takes $1B+ Stake in Lululemon
Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon…
Trump Says Next Fed Chair Must Cut Rates “By a Lot”
U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve…
Apple opens iPhones to alternative app stores in Japan under new competition law
Apple on Wednesday said it has opened iPhones to alternative app stores in Japan to…
Citi names Ryan Ellis head of markets sales for Australia and New Zealand
Citi has appointed Ryan Ellis as head of market sales for Australia and New Zealand,…
AbbVie, other drugmakers to cut prescription prices in deal with US government
AbbVie and several other drugmakers are expected to announce on Friday agreements with the U.S.…
Nvidia board member Harvey Jones sells over $44 million in company stock
Nvidia board member Harvey Jones sold more than $44 million worth of company stock, a…
Andersen Group shares surge 31% on NYSE debut, valuing firm at $2.3 billion
Andersen Group's shares jumped about 31% in their debut on the NYSE on Wednesday, valuing…
Oracle says equity talks for Michigan data centre are on track, Blue Owl not involved
Oracle said talks for an equity deal to support its Michigan data center project remain…
Boeing–Spirit union contract talks paused until January 5
Labor officials said on Wednesday that contract talks with Boeing covering the future of roughly…
Micron shares jump 12% in Frankfurt after strong forecast
Micron Technology's Frankfurt-listed shares soared almost 12% in early European trading on Thursday following an…
Elliott pressures Toyota to raise $30B Toyota Industries buyout bid
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to…
Robinhood rolls out player performance betting for pro football
Robinhood will allow customers to wager on the individual performances of professional football players as…
Waymo in talks to raise funds at $100B+ valuation amid robotaxi race
Alphabet unit Waymo is in talks with potential investors to raise money at a valuation…
Blackstone leads $400M round in Cyera at $9B valuation
Blackstone is leading a $400 million investment in Cyera that values the Israeli data-security startup…
Databricks raises $4B at $134B valuation as AI bets surge
Databricks said on Tuesday that it has raised more than $4 billion at a valuation…
California regulator puts Tesla sales suspension order on hold
A California regulator has deferred an order for Tesla to suspend sales in its biggest…
Spirit Airlines in talks to merge with Frontier, report says
Bankrupt Spirit Aviation Holdings is in discussions to merge with Frontier Group Holdings, Bloomberg News…
Global coal demand hits record in 2025, set to fall by 2030: IEA
Global coal demand reached a record high in 2025 but is expected to decline by…
Dollar edges up as soft US jobs data fuels Fed rate cut bets
The U.S. dollar inched away from its lowest level since the start of October on…
Japan Exports to U.S. Rise After 8 Months, Easing Tariff Impact
Japan's exports to the U.S. rebounded for the first time in eight months in November,…
Amazon in talks to invest in OpenAI at over $500 billion valuation
Amazon.com Inc is in talks to invest in ChatGPT-maker OpenAI in a potential deal that…
Privacy group alleges TikTok tracked Grindr activity via third-party data
A privacy advocacy group, noyb, filed complaints to Austria's data protection authority on Wednesday against…
Trump orders blockade of sanctioned oil tankers to and from Venezuela
U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering…
Warner Bros Discovery Board Likely to Reject Paramount Skydance’s $108.4B Takeover Bid
Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's…
Ford scraps $6.5B EV battery supply deal with LG Energy Solution
South Korea's LG Energy Solution said on Wednesday that Ford Motor has terminated an electric…
Honda recalls 70,658 vehicles in the US over brake failure risk
Honda is recalling 70,658 vehicles in the United States due to reduced brake function that…
U.S. launches drive to hire 1,000 AI expert engineers
The U.S. government launched a campaign on Monday to hire 1,000 engineers for two-year federal…
Nvidia buys SchedMD to boost open-source AI ecosystem
Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles…
Chinese AI chip startup Biren Technology plans Hong Kong IPO in coming weeks
Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering…
US stalls $40 billion tech pact with Britain
The United States is stalling the implementation of a $40 billion technology agreement with Britain,…
Intel names Trump economic adviser as head of government affairs
Intel on Monday appointed an economic adviser to U.S. President Trump as its head of…
UK FCA rolls out broad crypto regulation proposal
British regulator the Financial Conduct Authority (FCA) launched a wide-ranging consultation on a range of…
Tesla board rakes in over $3 billion in stock awards, far outpacing Big Tech peers
Tesla's board of directors has earned more than $3 billion through stock awards that far…
Ford recalls 32,160 vehicles in the US over loss of drive power crash risk
Ford Motor is recalling 32,160 vehicles in the United States, as loss of drive power…
Korea Zinc to Build $7.4 Billion U.S. Critical Minerals Plant, Backed by Washington
Korea Zinc said on Monday it will build a $7.4 billion critical minerals refinery in…
US closes probe into 568,580 Hyundai Palisade SUVs over seat belt unlatching issue
The United States has closed a preliminary probe into 568,580 Hyundai Motor's Palisade SUVs opened…
TotalEnergies Signs 21-Year Renewable Power Deal With Google for Malaysia Data Centres
France's TotalEnergies said on Tuesday it had signed a 21-year power supply deal with Alphabet's…
Nasdaq to File With SEC for 24/7 Stock Trading
Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple…
EU Developers Urge Regulators to Act Against Apple Over Unfair App Fees
A coalition of 20 app developers and consumer groups on Tuesday called upon European regulators…
Ford takes $19.5bn hit, scraps EV models as demand cools under Trump-era policies
Ford Motor said on Monday it will take a $19.5 billion writedown and is killing…
Kering Sells 60% Stake in Prime New York Property to Ardian for $690 Million
Kering, the owner of luxury brand Gucci, said on Tuesday it had agreed to sell…
U.S. auto safety regulator probes recall of 331,401 Jeep vehicles
The U.S. National Highway Traffic Safety Administration on Monday opened a probe into the recall…
Airbus December Deliveries Slow as Airlines Await Fuselage Fix Details
Airbus has delivered around 30 aircraft in the first half of December, releasing jets at…
Netflix rules out Warner Bros Discovery asset buy, say co-CEOs
Netflix's decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg…
Citigroup Sets 2026 S&P 500 Target at 7,700 on AI, Earnings Strength
Citigroup has set a year-end target of 7,700 for the S&P 500 index for 2026,…
US travel industry warns social media disclosure rule could deter foreign visitors
A group representing the U.S. travel and tourism industry warned Monday that a proposal to…
Oil rises as U.S.–Venezuela tensions spark supply fears despite oversupply concerns
Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply…
Fortescue to buy remaining stake in Alta Copper in C$139 million deal
Australia's Fortescue said on Monday it would buy the remaining 64% of Alta Copper, in…
Nvidia weighs boosting H200 AI chip output after surge in China orders
Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200…
SpaceX plans IPO next year, opens secondary share sale at $800 billion valuation
SpaceX is preparing to go public next year and has opened a secondary share sale…
Canopy Growth lifts U.S. weed stocks on hopes of eased marijuana rules
Canopy Growth led U.S. weed stocks higher in early European trading on Monday, adding to…
STMicroelectronics Ships 5 Billion RF Chips to SpaceX, Starlink Orders Set to Double
STMicroelectronics has shipped more than 5 billion radio-frequency antenna chips to Elon Musk's SpaceX for…
Bitcoin-heavy Strategy holds onto Nasdaq 100 spot despite business model concerns
Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday, continuing…
ASX cuts dividend payout after regulator imposes $99.6 million capital charge
Australia's bourse operator ASX said on Monday that it will cut its dividend payout ratio…
Hang Seng Bank board backs HSBC’s $13.6 billion take-private offer
Hong Kong's Hang Seng Bank said on Monday an independent board committee found HSBC's $13.6…
iRobot files for bankruptcy, to go private in Picea Robotics deal
iRobo, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying…
Albanese moves to save Tomago aluminium smelter as power deal nears expiry
Prime Minister Anthony Albanese announced on Friday a rescue effort to keep open Australia's largest…
Universal Music proposes remedy to EU over $775m Downtown Music deal
Universal Music said on Friday it has submitted a remedy to address competition concerns from…
French court freezes $129M of Google assets after Russia dispute
The administrator of Google's defunct Russian business has obtained a temporary freeze on some 110…
US judge allows class action against Live Nation, Ticketmaster over alleged concert overcharging
A federal judge in California ruled on Friday that Live Nation and its subsidiary Ticketmaster…
Geely Auto launches $284 million vehicle safety testing facility in China
China's Geely Auto on Friday launched a $284 million facility providing safety tests for the…
Pakistan explores $2bn bond and asset tokenisation with Binance
Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the "tokenisation"…
Nasdaq moves to block IPOs over manipulation risk red flags
Nasdaq filed a new rule on Friday that would allow the exchange to block IPOs…
JBS to permanently shut Los Angeles area beef processing plant amid cattle shortage
JBS will permanently close a facility outside Los Angeles that prepares beef for sale at…
Copper nears $12,000 as AI data centre demand collides with global supply shortages
Copper is closing in on the $12,000 a metric ton mark as expectations of soaring…
Netflix’s $72B Warner Bros Discovery–HBO Max Deal Faces Global Regulatory Scrutiny
Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts…
U.S. court clears Azul plan to cut $2B debt, secure backing from American and United
A U.S. bankruptcy judge on Friday approved Azul's debt restructuring, allowing the Brazilian airline to…
Huawei Mate 80 Powered by SMIC-Made Kirin 9030 on Advanced 7nm Process
The Kirin 9030, the chip that powers Huawei Technologies' latest flagship Mate 80 series handset,…
Wealthfront debuts flat on Nasdaq, valued at $2.63 billion
Wealthfront's shares opened flat in their Nasdaq debut on Friday, valuing the automated digital wealth…
US Lawmaker Seeks Clarity on Trump Move Allowing Nvidia H200 Chip Sales to China
U.S. lawmaker John Moolenaar, the chair of the U.S. House of Representatives' bipartisan select committee…
SpaceX eyes IPO, secondary sale values company at $800 billion
SpaceX is preparing to go public next year and has opened a secondary share sale…
DeepMind to Launch First Automated AI Research Lab in the UK
Google DeepMind, the tech giant’s AI unit, unveiled plans for its first “automated research lab”…
OpenAI Drops GPT-5.2 After Altman’s Code Red Over Google Gemini 3
OpenAI on Thursday launched its GPT-5.2 artificial intelligence model, after CEO Sam Altman reportedly issued…
Oracle sinks 11% after revenue misses estimates despite AI demand
Oracle shares plummeted about 11% Thursday, after the firm reported disappointing results. The cloud computing…
Westpac Director Peter Nash Re-elected Despite Investor Backlash
Westpac non-executive director Peter Nash was reelected to the bank's board on Thursday, surviving a…
Reddit Sues Australia to Overturn Child Social Media Ban
Message board website Reddit on Friday filed a lawsuit in Australia's highest court seeking to…
Apple Wins Partial Appeal on App Store Order, Still Faces Key Injunction
Apple persuaded a U.S. appeals court on Thursday to reverse parts of a court order…
JD.com Pledges $3.12B Housing Boost for Couriers Amid Retail Rivalry
JD.com, one of China's largest e-commerce firms, pledged 22 billion yuan ($3.12 billion) in housing…
ANZ ex-CEO Shayne Elliott says bank breached exit deal, stripped $9M bonuses
ANZ Group's former CEO Shayne Elliott on Friday accused the bank of breaching a contract…
Warren Demands Huang and Lutnick Testify on Trump’s Nvidia China Chip Move
Democratic Senator Elizabeth Warren called on Thursday for Nvidia CEO Jensen Huang and Commerce Department…
Oil Prices Hold Steady as Markets Eye Russia-Ukraine Talks and US Tanker Seizure
Oil prices were broadly stable on Thursday as investors shifted their focus back to Russia-Ukraine…
Tim Cook Pushes Back on US Bill Forcing Age Checks on iPhone Users
Apple CEO Tim Cook met U.S. House members on Wednesday to push back against federal…
Coca-Cola Taps Insider Henrique Braun as New CEO, Replacing James Quincey
Coca-Cola named insider Henrique Braun as its new CEO on Wednesday, replacing James Quincey, as…
Most Fed Officials Expect 2025 Rate Cuts, but Split on How Far
A majority of U.S. central bankers believe they will need to cut short-term interest rates…
SK Hynix Eyes US Listing Amid AI-Driven Valuation Surge
South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as…
JPMorgan Taps Buffett Aide Todd Combs to Drive $1.5T National Security Push
JPMorgan Chase's most senior external hire yet, Todd Combs from Berkshire Hathaway, is set to…
GlobalFoundries Names Sam Franklin CFO
GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who…
Synopsys Pops 5 Percent After Beating Q4 Revenue Estimates
Chip design software provider Synopsys beat analysts estimates for fourth-quarter revenue on Wednesday, driven by…
Lumexa Imaging raises $462.5 million in IPO
Lumexa Imaging, one of the largest U.S. diagnostic imaging services providers, said on Wednesday it…
Walmart Taps Alquist 3D to Build 8,000-Sq-Ft Pickup Hub in Tennessee
Walmart partnered with construction company Alquist 3D last year to build an almost 8,000-square-foot addition…
Crypto slides as bitcoin falls below $90k amid AI profit worries
Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed…
Trump Says CNN Should Be Sold in Warner Bros Discovery Deal
U.S. President Donald Trump said on Wednesday the news network CNN should be sold as…
Google Names Amin Vahdat Chief Technologist for AI Infrastructure
Alphabet's Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure, Semafor…
AmEx Reports 9% Jump in US Holiday Spending
Credit card giant American Express' network saw a 9% growth in U.S. retail consumer spending…
Adobe projects strong 2026 revenue and profit on surging AI and design tool demand
Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong…
Hinge Founder Justin McLeod Steps Down as CEO to Launch AI-powered dating startup
Hinge founder Justin McLeod is stepping down as CEO of the dating app to launch…
Microsoft to invest $17.5 billion in India’s cloud and AI infrastructure
Microsoft on Tuesday announced it would invest $17.5 billion in India’s cloud and artificial intelligence…
OpenAI names Slack CEO Denise Dresser as chief revenue officer
OpenAI on Tuesday announced that it’s tapped Slack CEO Denise Dresser as its chief revenue…
Medline Targets Up to $55.3B Valuation in 2025’s Biggest U.S. IPO
Medical supplies giant Medline said on Monday it was targeting an up to $55.3 billion…
Eli Lilly to Invest $6B in Alabama Plant to Scale Obesity Pill Production
Eli Lilly on Tuesday said it will spend $6 billion to build a manufacturing plant…
Disney nominates ex Apple COO Jeff Williams to board for 2026 election
Disney said on Tuesday it has nominated former Apple Chief Operating Officer Jeff Williams as…
EU opens antitrust probe into Google’s AI training using publisher content, YouTube videos
Alphabet's Google faces an EU antitrust investigation into its use of publishers' online content and…
US allows Nvidia H200 AI chip exports to China with 25% fee: Trump says
The United States will allow Nvidia's H200 processors, its second-best artificial intelligence chips, to be…
Oracle rally fades as investors question OpenAI reliance and debt-heavy data center push
Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given…
Amazon to invest over $35 billion in India
Amazon plans to invest more than $35 billion in India by 2030 to expand its…
Samsung SDI unit signs US battery deal worth over $1.36 billion for energy storage systems
South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed…
Spotify launches music videos for premium users in U.S., Canada to take on YouTube
Spotify said on Tuesday it is making music videos available to premium subscribers in the…
Australia becomes first country to ban social media for under-16s
Australia on Wednesday became the first country to ban social media for children under 16,…
Accenture, Anthropic strike multi-year partnership to boost AI adoption
Accenture and Anthropic on Tuesday announced an expansion of their partnership through a new business…
Google Cloud partners with Replit in multi-year AI coding push to take on rivals
Google Cloud announced Thursday a multi-year partnership with artificial intelligence coding startup Replit, giving the…
FCC clears AT&T’s $1.02B UScellular spectrum deal after DEI rollback
The Federal Communications Commission said on Thursday it has approved AT&T's deal to buy some…
Paramount Settles Trump Suit for $16M, Shari Redstone Says It Was the Right Call
Media mogul Shari Redstone said on Wednesday that Paramount made the "right decision" by agreeing…
Estée Lauder Targets Growth With Youth Focus and New Global Brands
Global cosmetics maker Estée Lauder Companies is focused on expanding market share and increasing sales…
Big Yellow Ends Deal Talks With Blackstone
British self-storage company Big Yellow Group said on Thursday that there was no basis of…
Judge Blocks Trump Admin From Laying Off 250+ State Dept Workers
A judge on Thursday blocked the U.S. State Department from immediately laying off more than…
Versace Creative Director Dario Vitale Exits After Brief Tenure
Versace's creative director Dario Vitale is leaving the brand after only a few months in…
UMC, Polar Semiconductor sign pact to explore US 8-inch wafer production
Taiwan chip maker United Microelectronics Corp (UMC) said on Thursday it had signed a memorandum…
AMD’s Lisa Su Says MI308 Can Ship to China, Even With 15% US Tax
Advanced Micro Devices CEO Lisa Su on Thursday said the company has licenses to ship…
NEXTDC, OpenAI to build hyperscale AI campus in Sydney, shares jump
NEXTDC Ltd said on Friday it inked a memorandum of understanding with ChatGPT maker OpenAI…
HPE warns Q1 revenue dip as AI server orders shift to later in the year
Hewlett Packard Enterprise forecast first-quarter revenue below Wall Street estimates on Thursday, as it sees…
Warby Parker, Google to launch AI-powered smart glasses in 2026
Warby Parker said on Monday it is collaborating with Alphabet's Google to develop lightweight AI-powered…
Stellantis to bring tiny Fiat car to U.S. following Trump remarks
DETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car”…
Mercuria Moves to Pull Major Copper Stocks from LME Asia as Prices Climb
Commodity trader Mercuria has given notice of its plans to take significant amounts of copper…
Meta pledges to use less personal data for ads
Meta's proposal to use less personal data for targeted advertising in its pay-or-consent model that…
Trump to issue order creating national AI rule
U.S. President Donald Trump said on Monday he would sign an executive order this week…
US startup seeks to reclaim Twitter trademarks ‘abandoned’ by Musk’s X
A fledgling social media platform has asked the U.S. Patent and Trademark Office to cancel…
Cristiano Ronaldo Invests In Aravind Srinivas’ Perplexity
Aravind Srinivas, CEO of Perplexity AI, has just been joined by Famous football player Cristiano…
Donald Trump says he’ll be involved in review of Netflix-Warner Brothers deal
U.S. President Donald Trump said on Sunday that he would have a say whether a…
Volkswagen to invest $186 billion through 2030, CEO says
Volkswagen Group plans to invest 160 billion euros ($186 billion) through 2030, its CEO Oliver…
Robinhood to enter Indonesia with brokerage
Robinhood Markets will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader…
Meta strikes several commercial AI data agreements with news publishers
Meta has struck several commercial AI data agreements with news publishers including USA Today, People…
Carvana set to join S&P 500
Shares of Carvana rose in premarket trading on Monday, as the online used‑car dealer secured…
L’Oreal to increase stake in skin care firm Galderma to 20%
L'Oreal will double its stake in Swiss skin care firm Galderma to 20%, it said…
Dollar General Lifts Profit Outlook After Strong Q3 Beat
Dollar General raised its annual profit forecast after beating third-quarter earnings estimates on Thursday, as…
Brown-Forman Tops Estimates, Leans on Emerging Market Whiskey Demand
Jack Daniel's maker Brown-Forman on Thursday beat Wall Street estimates for quarterly sales and maintained…
Kroger Cuts Annual Sales Outlook as Shoppers Turn Selective and Promo-Driven
Kroger narrowed its annual sales forecast on Thursday on signs of shoppers turning more selective…
Musk denies $800 billion SpaceX valuation reports
Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800…
Stellantis Shifts US Strategy to Hybrid Production, Says CEO Antonio Filosa
Stellantis CEO Antonio Filosa said on Thursday that the automaker is focusing on hybrid production…
Amazon Weighs Future With USPS as Contract Nears Expiry
Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about…
Philips Shares Drop Over 6% After Analyst Flags Growth Concerns
Shares of Philips fell over 6% on Thursday, making it the worst performer on Amsterdam's…
Visa to Enter Syria After Deal with Central Bank
Visa plans to launch operations in Syria following an agreement with the war-torn country's central…
US jobless rate holds at 4.4 per cent as signs of labour slowdown grow
The U.S. unemployment rate was unchanged at around 4.4% in November, the Chicago Federal Reserve…
EU Reviews Tariffs on China-Made Volkswagen EVs, Eyes Quota and Price Plan
The European Commission said on Thursday it was reviewing tariffs on Volkswagen's electric vehicles built…
ProShares Pulls Leveraged ETF Plan After SEC Warning
ETF provider ProShares has withdrawn its registration request for some highly leveraged exchange-traded funds after…
Activist investor Elliott nears settlement with PepsiCo, reports WSJ
Activist investor Elliott Management is close to striking a settlement agreement with PepsiCo, the Wall…
Ulta Beauty lifts annual forecast on strong holiday beauty demand
Ulta Beauty raised its annual sales and profit forecast on Thursday, betting on strong demand…
Ferrovial Eyes More U.S. Airport Investments After Major JFK Overhaul
Multinational Spanish construction company Ferrovial sees more opportunities for investment in airports across the U.S.…
Amazon’s Expansion Puts Pressure on UPS, FedEx in $193B Parcel Market
Amazon's investments in new fulfillment centers and delivery stations have gradually cemented the online giant's…
BYD to Hit 35 South Africa Dealerships by Early 2026, Eyes 70 by Year-End
Chinese automaker BYD will hit its initial target of having about 35 dealerships in South…
Bank of America to Let Wealth Clients Invest in Crypto Next Month
Bank of America will begin allowing its wealth advisers to recommend allocations to crypto in…
BlackRock warns of volatile 2026 as AI-driven speculation heats up
BlackRock, the world's largest asset manager, expects AI to continue dominating markets in 2026 and…
Stellantis Recalls 72,509 Ram Trucks in U.S. Over Blank Display Glitch
Chrysler parent Stellantis is recalling 72,509 Ram vehicles in the U.S. due to a software…
Rio Tinto Aims to Raise $5–10B Through Divestments and Productivity Push
Rio Tinto CEO Simon Trott outlined a plan on Thursday to generate $5 billion to…
Visa relocates European headquarters to London’s Canary Wharf
Visa is relocating its European headquarters to London's Canary Wharf financial district, the Canary Wharf…
Apple sends new round of cyber threat notifications to users in 84 countries
Apple has sent a new round of cyber threat notifications to users in 84 countries,…
New York Times sues Perplexity AI for ‘illegal’ copying of content
The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the…
Citigroup set 2026 year-end target for STOXX 600 index at 640
Citigroup on Friday set its 2026 year-end target for the STOXX 600 index at 640,…
Britain’s Ocado will receive $350 million one-off payment from partner Kroger
Britain's Ocado will receive a $350 million one-off payment from partner Kroger after the U.S.…
Cloudflare restores services after minor dashboard outage
Cloudflare has restored impacted software services after a minor outage on Friday hampered access to…
Elon Musk’s X fined $140 million for breaching EU online content rules
Elon Musk's social media company X was fined 120 million euros ($140 million) by EU…
Tesla launched lower-priced version of its Model 3 car in Europe
Tesla launched the new, lower-priced version of its Model 3 car in Europe on Friday,…
Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion
Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division…
Russia blocked Apple’s video-calling app FaceTime
Russia has blocked Apple's video-calling app FaceTime, the state communications watchdog said on Thursday, as…
Meta’s WhatsApp AI policy in EU antitrust crosshairs
EU antitrust regulators opened on Thursday an investigation into Meta Platforms' new policy regarding AI…
AI startup Flex, raised $60 million in a Portage Ventures-led funding round
Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial…
Amazon adds news tab on Prime Video streaming service
Amazon.com said on Wednesday it is rolling out a dedicated news tab on its Prime…
Nvidia CFO says deal with OpenAI for $100B investment “not finalised yet”
Nvidia's agreement with ChatGPT parent OpenAI to invest up to $100 billion in the startup…
JPMorgan hires two senior bankers to expand mid-cap investment banking
JPMorgan Chase on Tuesday hired two new managing directors, R. Sean Daugherty and Robert Rosenfeld,…
Anthropic acquires developer tool startup Bun to scale AI coding
Artificial intelligence startup Anthropic said on Tuesday it has acquired Bun, which helps developers run…
BMW to cut its CO2 emissions at least 60 million metric tons by 2035
German carmaker BMW aims to cut its CO2 equivalent emissions by at least 60 million…
H&M announces designer collaboration with Stella McCartney
British fashion designer Stella McCartney will produce a collection in collaboration with H&M, the Swedish…
Axiado raises $100 million for chip to save space
Axiado, a Silicon Valley-based startup that is making a chip designed to save space and…
Ford and Hyundai reported marginal declines in U.S. sales in November
Ford Motor Co and Hyundai Motor on Tuesday reported marginal declines in U.S. auto sales…
AT&T commits to ending DEI programs
U.S. wireless carrier AT&T said in a letter to the U.S. telecoms regulator that it…
Walmart opened second milk processing facility in US, investment of $350 million
Walmart said on Tuesday it had opened a second milk processing facility in the United…
Lumexa Imaging targets up to $1.89 billion valuation in US IPO
Lumexa Imaging is aiming for a valuation of more than $1.89 billion in its U.S.…
RTX secures $1.6 billion sustainment contract for F135 engines
RTX said on Tuesday it has secured a $1.6 billion sustainment contract related to its…
Dell family to donate $6 billion to ‘Trump accounts’ of 25 million US children
Entrepreneur Michael Dell and his wife, Susan, will deposit $250 in the individual investment accounts…
YouTube to comply with Australia Teen Social Media Ban, lock out users under 16
Google's YouTube shared a "disappointing update" to millions of Australian users and content creators on…
Ireland’s media regulator began investigations into TikTok and LinkedIn
Ireland's media regulator began investigations into TikTok and LinkedIn on Tuesday over concerns that their…
CVS Health to pay $37.76 million to settle allegations over insulin pens
CVS Health will pay $37.76 million to settle allegations it dispensed too many insulin pens…
San Francisco sued Kraft, Mondelez, Coca-Cola over ultra-processed foods
The city of San Francisco sued Kraft, Mondelez, Coca-Cola and other makers of ultra-processed foods…
Vultr to invest $1 billion in Ohio AI cluster using AMD chips
Cloud infrastructure company Vultr said on Tuesday it would invest more than $1 billion to…
CrowdStrike tops revenue Q4 on AI product adoption. shares +1%
CrowdStrike forecast fourth-quarter revenue above analysts' estimates on Tuesday, as the cybersecurity firm benefits from…
Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO
Automated digital wealth management firm Wealthfront is targeting a valuation of up to $2.05 billion…
Tesla’s China-made electric vehicle sales rose 9.9% in November
Tesla's China-made electric vehicle sales rose 9.9% in November from a year earlier, as the…
The Baldwin Group to acquire CAC Group in $1.03 billion deal
The Baldwin Group said on Tuesday it will buy rival insurance broker CAC Group in…
Amazon cuts seller fees in Europe, counters Shein and Temu competition
Amazon is cutting the fees it charges sellers in Europe as it responds to competition…
Samsung launches its first multi-folding phone
Samsung Electronics on Monday announced the launch of its first multi-folding smartphone as it races…
Prada completes Versace takeover after long courtship
Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a…
Marvell in advanced talks to acquire Celestial AI in multi-billion dollar deal, The Information says
U.S. chipmaker Marvell Technology is in advanced talks to acquire chip startup Celestial AI in…
AI could increase divide between rich and poor states, UN report warns
Artificial Intelligence could widen gaps between developed and developing countries, a U.N. report said on…
Costco sues U.S. govt, seeks tariff refund guarantee if Trump loses appeal
Costco has sued the U.S. government to ensure it will receive refunds if the Supreme…
MongoDB stock jumps 15% on earnings and revenue
MongoDB shares rose 15% in after-hours trading on Monday after the company announced third-quarter earnings…
Louis Vuitton head Pietro Beccari to become CEO of LVMH’s fashion division
Louis Vuitton CEO Pietro Beccari has been appointed as the chief executive of LVMH's fashion…
Australia unveils AI adoption roadmap, sticks to existing laws for risk control
Australia on Tuesday unveiled a roadmap to ramp up the adoption of artificial intelligence across…
Apple names Amar Subramanya new VP of AI, replacing John Giannandrea
Apple on Monday named veteran researcher Amar Subramanya as its vice president of AI, replacing…
Trump administration will inject up to $150 million into chip laser startup xLight
The Trump administration has agreed to take a stake in xLight - a startup seeking…
Nvidia puts $2B into Synopsys, expands AI design tie-up
Nvidia has invested $2 billion in chip design software maker Synopsys as part of an…
OpenAI plans to improve ChatGPT and delay initiatives, such as advertising, reports says
OpenAI CEO Sam Altman told employees he was declaring a "code red" to improve ChatGPT…
Apple can be sued in a Dutch court for antitrust damages, Europe’s court said
Apple can be sued in a Dutch court for antitrust damages, Europe's highest court said…
Intel to invest additional $208 million in Malaysia, PM says
Malaysian Prime Minister Anwar Ibrahim said U.S. chipmaker Intel has announced an additional investment of…
Nvidia takes $2 billion stake in Synopsys as AI deal spree accelerates
Nvidia has invested $2 billion in chip design software maker Synopsys as part of an…
Australia’s Star Entertainment Group elects Bruce Mathieson Jr. as Chairman
Star Entertainment has elected Bruce Mathieson Jr. as chairman, cementing the billionaire Mathieson family’s grip…
HSBC signs deal with French start-up Mistral AI for GenAI integration
HSBC said on Monday it had signed a multi-year deal with French start-up Mistral AI…
Amazon and Google launch co-built multicloud networking service to boost connectivity
Amazon and Google introduced a jointly developed multicloud networking service on Sunday to meet growing…
Oil jumps as OPEC+ holds output, Venezuela tensions spark supply fears
Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady,…
US colleges face $1B hit as international student enrolment drops, report says
After a battle over immigration policies and international student visas, fewer new international students chose…
South Korea exports rise in Nov. Chips hit record. Autos jump after US trade deal
South Korea's exports rose in November for a sixth consecutive month, beating market expectations, as…
Treasury Wine Estates to write off A$687M on US asset slump. Shares hit 10-year low.
Australia's Treasury Wine Estates said on Monday it expects to write off A$687.4 million ($449.56…
People’s Bank of China warns of crypto speculation surge, vows stablecoin crackdown
China's central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a…
US judge authorizes sale of Citgo parent’s shares to Elliott affiliate
CitgocitA U.S. judge on Saturday authorized the sale of shares in the Venezuela-owned parent of…
Databricks in talks to raise capital at $134 billion valuation, reports says
Data analytics firm Databricks is in talks to raise $5 billion at a valuation of…
Norway’s Pension Fund to back human rights report vote at Microsoft Corporation AGM
Norway's $2 trillion wealth fund said on Sunday it would vote for a shareholder proposal…
Coupang apologises over massive data breach
South Korea's biggest online retailer, Coupang, apologised on Sunday over the breach of personal information…
U.S. Black Friday online sales hits record $11.8 billion, Adobe reports
AI-powered shopping tools helped drive a surge in U.S. online spending on Black Friday, as…
Australia expands grain-fed beef exports as US production falters
Gundamain feedlot, is part of a structural change in the cattle industry in Australia, whose…
Naver Financial to Buy Dunamu in $10.27B All-Stock Deal, Taking Over Upbit’s Parent
Naver Financial, a unit of South Korean internet giant Naver, has agreed to acquire Dunamu,…
Dutch chipmaker Nexperia, urged its Chinese units to help restore normal production
Dutch chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over…
Micron to invest $9.6 billion to build AI memory chip plant in Japan, Nikkei reports
Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in…
Trump Says ‘Permanently Pause’ Migration From ‘Third World Countries’
President Donald Trump on Thursday night said he will “permanently pause migration” from all “Third…
Dick’s Sporting Goods to close some of Foot Locker stores
Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that…
World’s biggest jewellery brand Pandora expects fierce competition this Black Friday
Pandora, the world's biggest jewellery brand by volume, expects fierce competition this Black Friday as…
Russia threatened to block WhatsApp entirely
Russia's state communications watchdog threatened on Friday to block WhatsApp entirely if it fails to…
U.S. online sales hit $8.6 billion on Black Friday, says Adobe Analytics
U.S. shoppers spent $8.6 billion online on Black Friday, an Adobe Analytics report showed, as…
French antitrust watchdog dismisses complaint filed against Microsoft
French antitrust watchdog on Thursday dismissed a complaint filed against Microsoft by local search engine…
Baidu becoming a major AI chip player in China
Tech giant Baidu is emerging as one of China’s key artificial intelligence chip players, positioning…
Global airlines affected A320 recall by Airbus
Europe's Airbus has ordered immediate repairs to 6,000 of its widely used A320 jets in…
Abercrombie & Fitch shares soar 37% on Hollister growth
Shares of Abercrombie & Fitch soared 37% Tuesday after the company showed investors it’s set…
American Airlines cuts number of jets needing Airbus software fix to 209
American Airlines said on Friday it expects some operational delays due to a major software…
Paris’ Louvre raises prices for non-EU tourists to fund renovations
The Louvre in Paris is raising ticket prices by 45% for most non-European Union tourists…
Airbus issues major A320 recall, threatening global flight disruption
Europe's Airbus said on Friday it was ordering immediate repairs to 6,000 of its widely…
Amazon wins injunction against New York labor law
A federal judge on Wednesday granted Amazon.com (AMZN.O), opens new tab a preliminary injunction to…
Google ditches EU antitrust complaint about Microsoft cloud amid EU probe
Alphabet's Google on Friday dropped its EU antitrust complaint about rival Microsoft's cloud computing practices,…
Airbus limits cold-weather takeoffs with Pratt & Whitney engines
Airbus is restricting operations in extreme cold for some aircraft equipped with Pratt & Whitney…
Alibaba starts selling Quark AI glasses in China
Alibaba released on Thursday its new Quark artificial intelligence glasses in China, heralding the Chinese…
JPMorgan to build multi-billion pound tower in London’s Canary Wharf
JPMorgan Chase & Co will build a tower in London's Canary Wharf financial district, unveiling…
BYD recalls 88,981 plug-in hybrids over a potential battery-related safety hazard
BYD will immediately recall 88,981 plug-in hybrids over a potential battery-related safety hazard, China's market…
Workers strike on Black Friday at Amazon warehouses in Germany
Workers went on strike at Amazon warehouses in Germany on Black Friday aiming to disrupt…
US group sues Apple over Congo conflict minerals
A U.S.-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals…
Tether’s stablecoin downgraded to ‘weak’ in S&P assessment
S&P Global has downgraded its rating of the world's largest stablecoin, Tether, citing an increase…
Grindr’s majority shareholders scrap $3.46 billion take-private bid
Grindr's majority shareholders Ray Zage and James Lu have withdrawn their $3.46 billion offer to…
Dell bets on rising AI server demand to forecast higher growth
Dell forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments…
Adecco says joint venture with Salesforce can help reduce AI bubble risks
The chief executive of Adecco said on Wednesday that its joint venture with Salesforce, named…
Meta slams EU’s ‘aberrant’ antitrust demands for data on Facebook
Meta Platforms on Wednesday hit out at EU antitrust regulators for what it said were…
HP to cut about 6,000 jobs by 2028, adopt AI to boost productivity
HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally…
Italy broadens antitrust probe into Meta over AI tools in WhatsApp
Italy's antitrust authority said on Wednesday it had broadened the scope of its investigation into…
Tesla faces sales pressure in world’s biggest car markets
Tesla CEO Elon Musk has spent much of this year focused on the carmaker’s robotics…
Trump’s Net Worth Drops $1.1 Billion
President Donald Trump’s net worth has declined $1.1 billion since September, as stock in his…
Australian teenagers ask High Court to block social media ban
A constitutional challenge against Australia’s social media ban on children younger than 16 has been…
Bitcoin lost a record high $3.7 billion so far in November
Bitcoin exchange-traded funds have lost a record high $3.7 billion so far in November, surpassing…
Foreign tourists to pay extra fee to visit US national parks, Annual Passes To Cost $170 More
The Department of the Interior on Tuesday announced that foreign tourists will need to pay…
New Zealand central bank cuts rates to over 3-year low
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to…
Uber rolls out driverless robotaxis in Abu Dhabi
Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in…
Malaysia says it plans to ban social media for under-16s from 2026
Malaysia plans to ban social media for users under the age of 16 starting from…
Amazon to invest $15 billion in Indiana to boost data center infrastructure
Amazon.com is planning to invest about $15 billion in Northern Indiana to build data center…