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Companies & CEOs

SoftBank to acquire data center investment firm DigitalBridge for $4 billion

SoftBank to acquire data center investment firm DigitalBridge for $4 billion
Japanese company SoftBank has announced that it has reached an agreement to purchase data center investment firm DigitalBridge for a total of $4 billion. This deal is part of SoftBank's broader initiative in artificial intelligence (AI). Masayoshi...

Nvidia acquires Groq assets for $20 billion

Nvidia acquires Groq assets for $20 billion
Graphics chip manufacturer Nvidia Corp. is purchasing the assets of American startup Groq, known for creating high-performance AI accelerators, for $20 billion, according to CNBC, referencing Alex Davis, CEO of the financial firm Disruptive....

BP to sell 65% of Castrol unit, valued at $10 billion

BP to sell 65% of Castrol unit, valued at $10 billion
BP Plc has announced the sale of its majority ownership in its lubricants division (Castrol) to the American investment firm Stonepeak. It will divest 65% of Castrol for an overall business valuation of $10.1 billion, which accounts for debt. The...

Italy fines Ryanair for €255 million for preventing third-party airlines from purchasing tickets on its website

Italy fines Ryanair for €255 million for preventing third-party airlines from purchasing tickets on its website
The Italian antitrust authority, the Autorità Garante della Concorrenza e del Mercato (AGCM), imposed a fine of €255 million on the Irish low-cost airline Ryanair for blocking third-party airlines from buying tickets on its website. The regulator...
Markets & Industries

Chinese stocks post their strongest gains since 2017

Chinese stocks post their strongest gains since 2017
The Chinese stock market is showing its strongest performance since 2017, according to Bloomberg, which is based on trading data. From the beginning of 2025, the MSCI China Index has increased by about 28%. Bloomberg also reports that the MSCI China...

Leading US AI startups raise record $150 billion in 2025

Leading US AI startups raise record $150 billion in 2025
The largest U.S. artificial intelligence startups have secured a record amount of funding this year, amounting to $150 billion, according to the Financial Times, which referenced data from PitchBook. The number surpasses the previous record of $92...

China’s largest copper miner to acquire gold-copper SolGold with assets in Ecuador

China’s largest copper miner to acquire gold-copper SolGold with assets in Ecuador
Jiangxi Copper Co., China's biggest copper producer, has decided to purchase gold-copper mining firm SolGold Plc, which has assets in Ecuador, through an all-cash deal. Jiangxi Copper has announced it will pay 28 pence for each SolGold share. The...

Citigroup downgrades Chinese stocks

Citigroup downgrades Chinese stocks
Citigroup strategists have adjusted their views on Chinese and Taiwanese stocks, according to Bloomberg, which is quoting a research note. They have lowered their recommendation for Chinese stocks to "neutral". This change was based on revised...
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

Trump confirms that the US is exploring options amid protests in Iran

Trump confirms that the US is exploring options amid protests in Iran
The United States is keeping a close watch on the protests in Iran and is looking at several possible actions, according to US President Donald Trump. "In the military, they are looking into this. And we are considering some very serious options. We...

The Telegraph: EU plans to impose sanctions on the US over Greenland

The Telegraph: EU plans to impose sanctions on the US over Greenland
The European Union is working on plans to apply sanctions on American companies if US President Donald Trump refuses to support his suggestion to station NATO forces in Greenland, according to a report by the British newspaper The Telegraph, which...

Somalia's President calls for protection of country's unity

Somalia's President calls for protection of country's unity
According to Somali President Hassan Sheikh Mahmoud in a parliamentary address on Sunday, Israel's acknowledgment of Somaliland's independence jeopardizes Somalia's unity, and its people must show solidarity and take counteractions. "I urge the...

Japan to post budget surplus in next fiscal year for first time in 28 years

Japan to post budget surplus in next fiscal year for first time in 28 years
Japan's main budget is set to be in surplus for the first time in 28 years in the upcoming fiscal year, as announced by Prime Minister Sanae Takaichi, according to Bloomberg. "The initial budget presented by the government indicates a positive...
Management & Strategy

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...

Eni distributes 3 million shares to its employees in 2025 as part of its employee support plan

Eni distributes 3 million shares to its employees in 2025 as part of its employee support plan
In 2025, the Italian oil and gas company Eni distributed more than 3 million shares to over 26,000 employees through its Employee Stock Ownership Plan (ESOP). The initiative was also extended to most of the company's operating countries. According...

JPMorgan plans to build new headquarters in London

JPMorgan plans to build new headquarters in London
JPMorgan Chase & Co. has announced its plans to construct a new headquarters in London for as many as 12,000 employees. The Canary Wharf development is being created by Norman Foster's Foster + Partners. Foster previously created JPMorgan's...

Cybertruck Head to leave Tesla after eight years

Cybertruck Head to leave Tesla after eight years
Siddhant Awasthi, who was in charge of developing and producing the Cybertruck electric pickup at Tesla, is leaving the company, as mentioned in a LinkedIn post. In addition to other roles, Awasthi was responsible for the product strategy, quality...