The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Ineos to close two more chemical plants in Germany due to high energy prices

Ineos to close two more chemical plants in Germany due to high energy prices
British firm Ineos has confirmed plans to shut down two manufacturing plants in Rheinberg, Germany, as a direct consequence of "damaging energy costs and carbon emissions" and the absence of tariff protections. According to the announcement, "the...

Berkshire Hathaway to acquire Occidental Petroleum's petrochemical business for $9.7 billion

Berkshire Hathaway to acquire Occidental Petroleum's petrochemical business for $9.7 billion
Berkshire Hathaway, the investment firm led by Warren Buffett, has reached an agreement to purchase Occidental Petroleum's petrochemical division for roughly $9.7 billion, as stated by the purchaser. The transaction will be settled in cash and is...

XPeng announces market expansion in five European countries

JustAnotherCarDesigner
Chinese electric vehicle company XPeng has formally declared its expansion into five additional European markets as a segment of its global growth plan. According to Chinese media, these markets comprise Switzerland, Austria, Hungary, Slovenia, and...

Repsol to build Spain's first large-scale renewable hydrogen plant

Raúl Ortiz de Lejarazu Machin
Spanish energy group Repsol, in partnership with Enagas Renovable, has approved a project to build the first large-scale renewable hydrogen plant in Cartagena (Murcia region, Spain). Repsol declared that the hydrogen production electrolysis...
Markets & Industries

Adobe expects online sales in the US to grow 5.3% during the holiday season

Donald Trung Quoc Don
Online sales in the United States from November 1 to December 31 are projected to increase by 5.3% compared to the previous year, reaching $253.4 billion, according to Adobe Analytics. In the prior year, e-commerce during the holiday period rose by...

London drops out of top 20 global IPO markets

jam_90s
The London Stock Exchange (LSE) has fallen out of the top 20 IPO markets worldwide, trailing behind exchanges in Singapore, Mexico, and Oman, among others. In Bloomberg's third-quarter rankings, the LSE dropped three positions to 23rd. IPO volume at...

US oil producers report beginning of the shale industry's decline

Gennadiy Kolodkin
Oil and gas firms in Texas, northern Louisiana, and southern New Mexico are experiencing decreased business activity, increasing expenses, and, on average, anticipate higher oil prices. A study by the Dallas Federal Reserve Bank, which surveyed 93...

Citi analysts forecast decline in Brent crude prices to $62 per barrel in 2026

Jonathan Cutrer via flickr
Citi Research analysts predict that Brent crude oil prices will decline to around $60 per barrel by the conclusion of 2025 due to an oversupply in the market. The baseline projection anticipates that Brent crude prices will average $62 per barrel...
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 administration freezes $18 billion in funding for transportation projects in New York City

Jonathan71
The Trump administration has halted funding for specific infrastructure initiatives in New York City over worries regarding diversity, equity, and inclusion (DEI), according to The Wall Street Journal. Specifically, the funding for the Second Avenue...

Britain, France, Italy, and several Arab countries support Trump's Gaza plan

needpix
Several global leaders and foreign ministers have expressed their backing for US President Donald Trump's peace initiative for the Gaza Strip and their readiness to work together to cease the conflict in the area. British Prime Minister Keir Starmer...

UN Secretary-General calls for creation of a global oversight system for AI technologies

UN Photo / Jean-Marc Ferré
According to UN Secretary-General António Guterres at the UN General Assembly, artificial intelligence ought to serve as a support for humanity, and nations globally need to establish a shared regulatory framework for these technologies. "These...

EU countries call for harmonized cybersecurity laws following airport attacks

Oast House Archive
The European Commission is actively overseeing the situation after the cyberattack that affected check-in and boarding systems at numerous European airports, said EC spokesperson Thomas Renier during a briefing. "Travelers continue to face flight...
Management & Strategy

Verizon names Dan Schulman from PayPal its CEO

Mike Mozart via flickr
The Verizon Communications Board of Directors has named Dan Schulman, the former CEO of PayPal Holdings Inc., as its new Chief Executive Officer. He will take over for Hans Vestberg. The change is effective immediately, as stated in a press release....

Shein to open first offline stores in France in November

DMCGN
Asian online fashion retailer Shein is set to launch its initial physical stores in France in November through a partnership with department store operator Societe des Grands Magasins (SGM), according to Reuters. Shein intends to start selling at...

Lufthansa to cut 4,000 jobs by 2030

XING
Deutsche Lufthansa intends to reduce around 4,000 positions by 2030 as part of a strategy focused on enhancing operational efficiency, which includes the use of artificial intelligence technologies. Lufthansa stated that the job cuts will mainly...

Nintendo to replace U.S. segment President and create CEO position

Jeff Dlouhy
Nintendo Co., the Japanese console and video game manufacturer, has named Devon Pritchard, its executive vice president of revenue, marketing, and customer experience, as the president of its U.S. division, the company disclosed. Pritchard, with 19...