Business News
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…
Trump signed an order launching government-wide push to build an AI platform using federal scientific data
U.S. President Donald Trump on Monday signed an executive order to launch a government-wide effort…
Apple cuts jobs across sales team
Apple said on Monday it is cutting jobs across its sales teams to strengthen its…
Klarna to launch U.S. dollar-backed stablecoin, becoming the latest major payments company
Swedish fintech firm Klarna on Tuesday said it will launch a U.S. dollar-backed stablecoin, becoming…
Singapore orders Apple, Google to prevent government spoofing on messaging platforms
Singapore's police have ordered Apple and Google to prevent the spoofing of government agencies on…
Aramco venture capital to open Paris office for AI investment
Aramco Ventures, a subsidiary of Saudi national oil major Aramco, is opening an office in…
OpenAI temporarily blocked from using ‘Cameo’ after trademark lawsuit
OpenAI will not be allowed use the word “cameo” to name any products or features…
Alphabet on pace to hit $4 trillion market value as AI gains momentum
Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered…
European companies cut jobs in response to slowing economy
Several European companies have frozen hiring or cut jobs this year, citing difficult economic conditions…
EasyJet beats annual profit expectations, lifts target for holidays business
British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target…
Meta to spend billions on Google’s chips, The Information reports
Meta Platforms is in talks with Google to spend billions of dollars on the Alphabet-owned…
US negotiated Medicare prices for 15 more drugs to test cost savings promise
The U.S. government is expected this week to announce negotiated prices for 15 of the…
Alibaba revenue tops estimates with strong instant retail, AI push
Chinese e-commerce giant Alibaba, beat analysts' estimates for quarterly revenue on Tuesday as investments in…
Panasonic’s energy unit to supply auto batteries to Amazon’s Zoox from 2026
Japan's Panasonic Energy will supply cylindrical batteries to Amazon's self-driving unit Zoox starting from early…
Anthropic unveils Claude Opus 4.5, its latest AI model following $350 billion valuation
Anthropic on Monday announced Claude Opus 4.5, its latest artificial intelligence model that the startup…
Hyundai showcases off-road ambitions with new rugged concept SUV
Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the…
Judge in Google ad tech case seeks quick fix for web giant’s monopolies
The U.S. judge considering whether to order a breakup of Google's advertising technology business asked…
Amazon’s satellite internet licence faces legal challenge in France
A French union filed a legal challenge on Monday against a decision by the country's…
Amazon pledges up to $50 billion to expand AI, supercomputing for US government
Amazon.com said on Monday it would invest up to $50 billion to expand artificial intelligence…
Alphabet races toward $4 trillion valuation as AI-fueled gains accelerate
Alphabet closed in on a $4 trillion valuation on Monday, set to become only the…
Mastercard, L’Oreal launch joint business card for beauty salons in Latin America
Mastercard and L'Oreal are launching a joint business card for beauty salon operators in Latin…
Grindr ends talks on $3.46 billion take-private bid over financing uncertainty
Dating app Grindr, said on Monday it has ended talks on a $3.46 billion take-private…
Deutsche Bank sees S&P 500 rising to 8,000 by end of 2026
Deutsche Bank on Monday projected the S&P 500, index to climb to 8,000 by the…
EU to push US to honour trade deal by cutting steel tariffs
European Union ministers on Monday were set to urge top U.S. trade officials to apply…
EU approves Omnicom’s acquisition of IPG without conditions
The EU Commission on Monday said it had unconditionally approved Omnicom Group's, $13.25 billion all-stock…
Australia’s Macquarie bids $7.5 billion for logistics group Qube
Shares of Australian industrial logistics group Qube Holdings, hit an all-time high on Monday after…
Snap offers Australians bank-linked age proof tool ahead of teen social media ban
Snap, said on Monday it will offer Australians the chance to verify their age with…
Meta to block Facebook and Instagram for Australian teens by December 10
Meta, will block Australian users under 16 from accessing Instagram, Facebook and Threads by December…
Eli Lilly hits $1 trillion market value, a first for a health-care company
Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the…
Oil prices and energy stocks fall on Trump’s new Ukraine peace plan
Oil prices extended declines and energy stocks fell on Friday as U.S. President Donald Trump…
Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster
Amazon’s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business,…
Google must double AI serving capacity every 6 months to meet demand, AI infrastructure boss tells employees
Google ’s AI infrastructure boss told employees that the company has to double its serving capacity…
Bitcoin falls to lowest level since April
Bitcoin dropped on Thursday to levels not seen in more than six months, as investors…
SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip shares
A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank,…
Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery
Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a…
Nvidia stock closes nearly 3% lower, wiping out post-earnings rally
Shares in artificial intelligence darling Nvidia initially popped as much as 5% Thursday after the…
Waymo to begin manual drives in Minneapolis, Tampa and New Orleans, aims to open service in 2026
Alphabet’s Waymo on Thursday announced that it will soon begin manually driving its robotaxi vehicles…
Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3
Google on Thursday rolled out Nano Banana Pro, its latest image editing and generation tool, continuing…
IBM, Cisco outline plans for networks of quantum computers by early 2030s
IBM, and Cisco Systems, on Thursday said they plan to link quantum computers over long…
OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.
OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and…
Palo Alto Networks to buy Chronosphere for $3.35 billion, raises annual forecasts
Palo Alto Networks, said on Wednesday it will buy cloud management and monitoring company Chronosphere…
Japan announces $135 billion stimulus, NHK reports, in bid to support economy and consumers
Japan’s cabinet approved a stimulus package totaling 21.3 trillion yen ($135.5 billion) on Friday, as…
Uber partners with Starship Technologies to launch robot deliveries in UK
Uber, will partner with Starship Technologies to launch autonomous robot deliveries in the UK in…
Moderna takes $1.5 billion loan, expects 10% revenue growth next year
Moderna, said on Thursday it secured a five-year loan of $1.5 billion from Ares Management,…
JetBlue to add Milan, Barcelona flights next year in push for high-spending travelers
JetBlue Airways is pushing its fleet of single-aisle planes deeper into Europe next year with…
Schneider Electric seals $2.3 billion in US data centre deals to power AI boom
Schneider Electric, opens new tab said on Wednesday that it had signed new deals worth…
Alphabet stock surges on Gemini 3 AI model optimism
Alphabet stock jumped 3% on Wednesday after Google debuted its latest artificial intelligence model, Gemini…
Adobe to buy Semrush for $1.9 billion, sending marketing platform’s shares up 74%
Adobe said Wednesday that it reached a deal to acquire search engine marketing platform Semrush for…
Perplexity announces free product to streamline online shopping
Perplexity on Wednesday announced it will roll out a free agentic shopping product for U.S.…
Meta chief AI scientist Yann LeCun is leaving to create his own startup
Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of…
Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia
Nvidia and xAI said on Wednesday that a large data center facility being built in…
Nvidia CEO Jensen Huang rejects talk of AI bubble
In the weeks leading up to Nvidia’s third-quarter earnings report, investors debated whether the markets were…
Porsche reveals all-electric Cayenne SUV, ‘most powerful’ production vehicle ever made by sports car company
Porsche on Wednesday revealed an all-electric version of its Cayenne SUV, calling it the “most powerful”…
Tesla obtains permit to operate ride-hail service in Arizona
Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department…
Bitcoin sinks to six-month low as risk-off sentiment persists
Bitcoin dropped to its lowest level in six months on Friday, as a broad sell-off…
From OpenAI to Google, firms channel billions into AI infrastructure as demand booms
Microsoft and Nvidia are planning to invest up to $15 billion in total in Anthropic,…
Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants in…
Google announces Gemini 3 as battle with OpenAI intensifies
Google is debuting its latest artificial intelligence model, Gemini 3, as the search giant races…
Meta wins FTC antitrust trial that focused on WhatsApp, Instagram
Meta won its high-profile antitrust case against the Federal Trade Commission, which had accused the…
Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
Jeep’s new Recon all-electric SUV will start at $65,000, the American SUV brand announced Tuesday…
Ford partners with Amazon for dealers to sell used vehicles online
Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned…
Jeff Bezos to co-lead AI startup in first operational role since Amazon, NYT reports
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that…
Oracle bonds sell off as AI investment fuels investor concerns
Oracle bonds have taken a hit in recent days following a report that the cloud…
Google plans $40 billion Texas data center investment amid AI boom
Alphabet's Google, said on Friday it would invest $40 billion in three new data centers…
Google ad tech antitrust trial closing arguments moved back
A final plea by Alphabet's, Google to avoid a breakup of its advertising technology business…
Disney and YouTube TV reach deal ending weeks of disruption
Google's YouTube and Walt Disney said on Friday they had reached an agreement to restore…
UK mobile companies face mass lawsuit for allegedly overcharging customers
Britain's biggest mobile network providers including Vodafone, and BT's EE, are facing a multi-billion-pound lawsuit…
Google offers EU to change adtech policy, no divestment
Alphabet's, opens new tab Google has offered to make it easier for publishers and advertisers…
Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices
President Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain…
Etihad Airways nine-month profit up 26% as passenger revenue jumps
Etihad Airways reported a nine-month profit of 1.7 billion dirhams ($463 million) on Friday, up…
Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules
Apple, and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss…
Musk’s xAI is raising $15 billion in latest funding round
Elon Musk’s artificial intelligence company xAI is raising $15 billion from investors, sources familiar with…
Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software
Apple on Thursday said it would cut the company’s App Store fees from 30% to…
Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential…
Disney stock falls 7% as media giant posts mixed results
Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed…
Google says group behind E-ZPass, USPS text scam has been ‘shut down’ after suit
Google said on Thursday said it has disrupted the foreign cybercriminal group behind a massive SMS…
Toyota opens new U.S. battery plant, confirms $10 billion in new investments
Toyota Motor on Wednesday said it has started production at a new $13.9 billion battery…
Sony raises profit forecast by 8%, cites lower tariff impact, anime strength
Sony, raised its operating profit forecast for the year ending March 2026 by 8% to…
Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand
Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a…
Trump announces deals with Eli Lilly, Novo Nordisk to slash weight loss drug prices, offer some Medicare coverage
President Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices…
Doordash has biggest one-day drop ever as stock falls 17% on spending concerns
Doordash’s stock plummeted 17% for its worst session ever as investors rejected the company’s aggressive…
Duolingo stock plunges 25%, its worst session ever, as company prioritizes user growth
Duolingo ’s stock cratered 25% on lighter-than-expected guidance as the language learning platform zeroed in on…
Meta reportedly projected 10% of 2024 sales came from scam, fraud ads
Meta projected that 10% of its overall sales in 2024, or about $16 billion, came from…
Airbnb shares rise on revenue beat, stronger-than-expected forecast
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company…
Pinterest plunges 21%, posts second-worst day ever as tariffs drag on ad revenue
Pinterest shares plummeted 21% on Wednesday after lackluster third-quarter earnings as advertising took a hit from…
Uber falls 5% despite third-quarter revenue beat
Uber shares fell 5% on Tuesday even after the ride-hailing company beat Wall Street’s third-quarter…
Amazon’s new subsea internet cable Fastnet will have the capacity to stream 12.5 million HD movies simultaneously
Amazon is building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County…
Netflix announces ten-for-one stock split, shares rise
Netflix, on Thursday announced a ten-for-one stock split, making the streaming company's shares more affordable…
Reddit stock jumps 7% after showing strong advertising and user growth
Reddit’s stock popped 7% Friday after the company surpassed third-quarter estimates and signaled strong advertising…
Apple sees big December quarter driven by strong iPhone 17 demand
Apple reported fiscal-fourth quarter earnings on Thursday that beat analyst expectations, and provided a strong forecast…
Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal
U.S. grain trader and processor Bunge, on Wednesday lowered its 2025 earnings forecast following its…
Waymo to launch autonomous ride-hailing service in London next year
Alphabet's, Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the…
Apple’s shipments in China boosted by iPhone 17 series
Apple's shipments in China grew 0.6% from a year earlier to 10.8 million units in…
Stellantis to recall over 298,000 US vehicles over rollaway risk
Stellantis, is recalling 298,439 vehicles in the U.S. due to a shifter cable defect that…
Apple’s Tim Cook promises to boost China investment
Apple's Tim Cook pledged to boost the tech giant's investment in China on Wednesday as…
LVMH sales return to growth as China demand improves
LVMH's, sales increased by 1% in the third quarter, driven by improved demand in China,…
Honeywell sees aerospace supply chain improvements in electronics for planes
The production of electronics for aviation is a bright spot in the aerospace supply chain,…