Business & Finance

Apple Inc. has requested certain suppliers to cut back on component manufacturing for the newly released iPhone 18 Pro and iPhone 18 Pro Max models, as increasing memory chip prices…

Chinese car manufacturer Zhejiang Leapmotor Technology Co. aims to grow its footprint in Europe and introduce a new hybrid vehicle to the European market in the early part of 2027,…

James Dyson’s British vacuum cleaner firm, Dyson Holdings, has almost increased its yearly dividend payouts to Weybourne Holdings—his family's holding company based in Singapore—by four times.

Artificial intelligence is moving deeper into Australia’s banking system, and regulators are now shifting their attention from experimentation to the consequences of putting automated systems in front of customers. The

Adobe Inc. expects that US internet sales throughout the winter holiday period (November 1 to December 31) will reach an all-time high this year.

US-based AI firm Anthropic is seeking shareholder approval for a revised voting rights structure, reports The Information, referencing sources.

McDonald’s Corp., based in the U.S., intends to offer around $8.5 billion in assistance to its franchisees until 2036, as stated in a company press release.

Alibaba’s latest artificial intelligence strategy signals a shift from competing primarily through individual models to building an integrated technology system capable of supporting increasingly demanding AI applications. The company plans

Paramount has finalized a deal with several U.S. states to resolve antitrust allegations related to the $110 billion acquisition of Warner Bros. Discovery (WBD), according to CBS News.

The U.S. Securities and Exchange Commission (SEC) has approved the trading of tokenized shares in the country—a decision that The Wall Street Journal indicates may generate considerable interest.

A company spokesperson informed Reuters that Revolut has not received any direct communications or requests from the individuals or groups asserting responsibility for the data breach.

The Public Investment Fund (PIF) of Saudi Arabia is considering the potential merger of Electronic Arts Inc. (EA) and Savvy Games, according to Bloomberg, which references sources.

The Exploration Company (TEC), a European space firm, has secured $450 million in a funding round, according to a report by Bloomberg, referencing a statement from the company.

Online fast fashion retailer Shein Global Holdings has seen a decline of around $5 billion in market capitalization since its IPO, according to Bloomberg, referencing market data. According to the…

Airbus SE has discovered issues in the tail section of A330neo planes, resulting in a near-complete halt of customer deliveries for the last three months.

Nvidia Corp., the American chip manufacturer, has finalized a deal to purchase the AI startup Hugging Face for $12.93 billion, as stated in a joint press release.

Amazon.com Inc. has secured long-term power purchase agreements (PPAs) from four wind farms in Sweden to supply energy for its data centers in the region.

Nvidia’s latest outlook offers one of the clearest indications yet that the artificial intelligence infrastructure boom has not reached its spending peak. The chipmaker expects revenue to grow by about

Meta Platforms has come to a settlement regarding a class action lawsuit filed by 48 states alleging the company's wrongdoing towards underage users.

Unilever is making one of the biggest strategic changes in its modern history by reducing its exposure to food and concentrating more heavily on beauty, personal care and home care.

Union representatives caution that the intended restructuring at Volkswagen Group (VW) might impact as many as 140,000 jobs, according to Bloomberg.

French TotalEnergies is still transporting oil via tankers through the Strait of Hormuz, CEO Patrick Pouyanné stated at an energy conference in Norway, as reported by Reuters.

Amazon.com Inc. aims to greatly enhance its drone delivery service by year’s end, making it available in almost 500 areas throughout the United States.

Saudi Aramco, the state oil company of Saudi Arabia, and Maaden (the Saudi Arabian Mining Co.), have reached an agreement to create a joint venture focused on metals exploration and…

Warren Buffett's investment firm, Berkshire Hathaway, significantly raised its ownership in Alphabet Inc. (Google's parent company) during the second quarter, as revealed by documents submitted to the US Securities and…

Present Anthropic investors anticipate that the AI firm will reach a valuation of $2 trillion or greater during its IPO in October this year, as reported by the Financial Times.

The major shareholder in the American fast-food company Wendy's Co., the hedge fund Trian Fund Management, led by famous investor Nelson Peltz, is laying the foundation for a buyout of…

Google’s latest artificial intelligence reshuffle is less a routine leadership change than a restructuring of how the company intends to compete in the most important technology race in years. The

Artificial intelligence is rapidly becoming a new gateway to online shopping, and retailers are facing an uncomfortable trade-off. They need to appear in recommendations generated by AI systems because those

A judge in New Mexico has instructed Meta Platforms to pay over $900 million after a jury determined it did not safeguard underage users from sexually explicit content and facilitated…

Apollo Global Management, a private equity fund, has struck a deal to buy British airline easyJet Plc, estimating its worth at £5.7 billion ($7.7 billion).

BP plc has finalized the sale of its Gelsenkirchen refinery in Germany along with related businesses to the independent European oil refining firm Klesch Group.

Meta’s rapid expansion in India is doing more than strengthening its position in one of the world’s largest digital markets. It is also increasing the company’s exposure to regulatory oversight,

British American Tobacco (BAT) announced a significant drop in its net profit during the first half of 2026, even though there was a small rise in revenue.

Starbucks’ decision to raise its annual sales and profit forecasts for the second time within a single fiscal year is about far more than stronger quarterly earnings. The upgraded outlook

Australia’s decision to take Telegram to court over alleged failures to remove terrorist content marks a significant escalation in a wider international campaign to hold digital platforms legally accountable for

Kia, the South Korean automaker, will allocate $649 million in Mexico, as revealed by Horacio Chavez, Managing Director of the firm's Mexican branch, at a press event alongside Mexican President…

American healthcare company Johnson & Johnson has finalized a deal to resolve the outstanding lawsuits connected to the use of talc in its products.

Artificial intelligence firms in the US are investing unprecedented sums in lobbying efforts in Washington, aiming to curb regulation and influence guidelines for data centers and the assessment of sophisticated…

Billionaire Amancio Ortega, the founder of Inditex SA, one of the biggest clothing retailers globally, has purchased an office building in Paris, marking the largest office real estate deal in…

Apple Inc., based in the US, intends to introduce the Apple Upgrade device rental program on July 28, according to Bloomberg, which cites insiders.

Samsung is negotiating to invest in Mistral, a French AI startup, according to the Financial Times (FT), which cites sources.

The European Commission imposed a €550 million fine on AliExpress, an online retail site owned by Chinese tech leader Alibaba Group Holding, for offering unsafe and counterfeit items.

Chinese optical transceiver manufacturer Zhongji Innolight has been granted approval by the China Securities Regulatory Commission (CSRC) to go public on the Hong Kong Stock Exchange, according to a company…

Netflix’s latest earnings outlook has exposed a broader challenge confronting the world’s largest subscription streaming platform: convincing investors that it can sustain premium growth after years of dominating the global

BHP, the largest mining firm globally, decreased copper output by 3% for the fiscal year closing June 30, 2026.

American investment company BlackRock, the largest asset manager globally, raised its net profit in Q2 2026 by 20% and revenue by 31%, with adjusted earnings and revenue surpassing market forecasts,…

Online apparel seller Shein anticipates generating $2 billion to $3 billion in an initial public offering (IPO) in Hong Kong, according to Bloomberg, which cites sources knowledgeable about the negotiations.

Apollo Global Management’s decision to outbid rival investor Castlelake for easyJet has transformed what initially appeared to be a straightforward acquisition into one of the most closely watched corporate contests

The European General Court has rejected Apple Inc.'s lawsuit contesting the European Commission's ruling to label it a "gatekeeper" under the Digital Markets Act (DMA).