The Strategist

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Companies & CEOs

Elliott may submit a tender offer for Toyota Industries

Elliott may submit a tender offer for Toyota Industries
According to Reuters, citing Nikkei, activist investor Elliott Investment Management is looking into the possibility of making a tender offer for shares in Toyota Industries, a Japanese company that produces industrial goods. Elliott is the biggest...

Amazon to close Amazon Fresh and Amazon Go offline stores

Amazon to close Amazon Fresh and Amazon Go offline stores
American Amazon.com Inc. will be closing its Amazon Fresh grocery stores and automated Amazon Go convenience stores, as stated in its blog post. The company is shifting its focus to delivering online food orders and expanding the Whole Foods Market...

Citigroup to hold new job cuts in March

Citigroup to hold new job cuts in March
US bank Citigroup Inc. laid off around 1,000 employees this month and is getting ready for more layoffs in March, according to Reuters, which is quoting people who know about the situation. These new layoffs are expected to happen after the bonus...

Paramount extends offer to Warner Bros. Discovery shareholders to February 20

Paramount extends offer to Warner Bros. Discovery shareholders to February 20
Paramount Skydance Corp. has prolonged its aggressive bid to purchase Warner Bros. Discovery (WBD) by about a month, until February 20, to allow shareholders additional time for deliberation. As of January 21, the initially stated date, Paramount...
Markets & Industries

US Treasury Department authorizes U.S. entities to transact with Venezuelan oil

US Treasury Department authorizes U.S. entities to transact with Venezuelan oil
The US Treasury Department has released a general license that permits the export, sale, storage, and refining of oil within the country, provided that these activities are carried out by a legal entity that is officially registered in the United...

Norway's sovereign wealth fund earns $247 billion in income in 2025

Norway's sovereign wealth fund earns $247 billion in income in 2025
The Government Pension Fund of Norway, also referred to as the Oil Fund, which is the world's largest sovereign wealth fund, made a profit of NOK 2.36 trillion, equivalent to approximately $247.4 billion, in 2025. The financial reports of the fund...

Gold approaches $4,900 despite easing tensions over Greenland

Gold approaches $4,900 despite easing tensions over Greenland
Gold persisted in its upward trend on Thursday, even as worries about a worsening US-Europe dispute over Greenland lessened. US President Donald Trump announced at the World Economic Forum in Davos on Wednesday that the United States seeks to...

China cuts steel production to seven-year low in 2025

China cuts steel production to seven-year low in 2025
China's steel production in 2025 dropped to 960.81 million tons, marking the lowest level in seven years. This represents a decrease of 4.4% from the 2024 production figure, as reported by the National Bureau of Statistics. In December, steel output...
In-depth coverage

European Tech Sovereignty: Europe Enters the Era of Exascale with the Inauguration of the Jupiter Supercomputer

Europe has taken a giant leap in technological development and supercomputing sovereignty with the launch of its first exascale computer in Germany. JUPITER, built using American chips but set to develop further with the integration of European microprocessors in 2026, is capable of performing over one quintillion (10¹⁸) operations per second, immediately cementing its place as Europe’s mos...
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World & Politics

EU allocates €50 million for Ukraine's energy needs

EU allocates €50 million for Ukraine's energy needs
The European Commission, along with the European Investment Bank, has given an extra €50 million to the Ukrainian state-owned energy company Naftogaz, the Commission shared in a press release on Thursday. These €50 million in emergency loans are...

European Union is concerned about growing dependence on US gas

European Union is concerned about growing dependence on US gas
The European Union is becoming more worried about its growing reliance on American liquefied natural gas, particularly after US President Donald Trump threatened to take control of Greenland, according to EU Energy Commissioner Dan Jorgensen, as...

EC says it’s ready to take Hungary and Slovakia to court under REPowerEU plan

EC says it’s ready to take Hungary and Slovakia to court under REPowerEU plan
The European Commission has expressed support for the approval of the EU regulation that imposes a full ban on the import of Russian gas and is prepared to challenge this legislative decision in court, stated EC spokesperson Anna-Kaisa Ikonen....

Trump announces tariff increase on South Korea to 25%

Trump announces tariff increase on South Korea to 25%
US President Donald Trump stated that he is increasing tariffs on South Korean products from 15% to 25%. He explained this decision in a post on the social media platform Truth Social, saying, "Because the Korean Parliament has not ratified our...
Management & Strategy

Pinterest to cut 15% of staff

Pinterest to cut 15% of staff
American Pinterest Inc., which operates the widely used online visual bookmarking platform, has announced its intention to reduce office space and cut staff by less than 15%, according to a statement released on the website of the U.S. Securities...

Staff reductions at leading US banks in 2025 reach the highest in nine years

Staff reductions at leading US banks in 2025 reach the highest in nine years
In 2025, leading U.S. banks plan to reduce their workforce by a total of 10,600, which is the highest number of job cuts in nine years. As of the end of December, the combined number of employees at six major financial institutions – JPMorgan Chase...

Meta to lay off over 1,000 employees in virtual reality division

Meta to lay off over 1,000 employees in virtual reality division
Meta Platforms plans to cut jobs for more than 1,000 workers in its Reality Labs team, which makes virtual reality products, reports Bloomberg referring to the company’s internal memo. Employees who will be let go will start getting official notices...

Tesla board members earn over $3 billion from stock options

Tesla board members earn over $3 billion from stock options
Members of Tesla's board of directors have received over $3 billion in earnings from stock options, according to a report by Reuters, which references an analysis by Equilar. Notably, Kimbal, the brother of CEO Elon Musk, has earned approximately $1...