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Companies & CEOs

TikTok remains the most expensive brand in China

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According to the annual Brand Finance China 500 report, TikTok was still the most valuable brand in China in 2025. The brand value of the social media platform TikTok/Douyin grew by 26% (reaching $105.8 billion) in the past year. The power grid...

US imposes sanctions on firms in China and Singapore for facilitating oil shipments from Iran

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On Tuesday, the US Treasury Department declared sanctions on 20 entities in China and Singapore for their role in facilitating the export of Iranian oil to international markets, as stated in a press release from the department. "The General Staff...

GM appoints former top Tesla executive as Chief Product Officer

Myles Regan
US car manufacturer General Motors has designated Sterling Anderson as chief product officer, as stated in a press release. Anderson is a co-founder of Aurora Innovation, a company working on advancements in the area of autonomous freight transport....

WSJ reports on Apple's plans to raise iPhone prices regardless of duties

Anthony Quintano via flickr
Apple Inc. intends to increase prices for the iPhone series it will introduce this fall, as reported by The Wall Street Journal. As per the information from the newspaper, the firm will justify the price hike by introducing new functionalities and...
Markets & Industries

ECB: Trade conflicts threaten Eurozone financial stability

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Luis de Guindos, Deputy Chairman of the European Central Bank (ECB), stated that recent developments in global trade could disrupt Europe's financial system, which is still effectively handling the repercussions of shifts in U.S. policy. He pointed...

UK's largest pension funds to invest £50bn in UK economy

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The leaders of 17 major UK pension funds have declared their plan to invest 50bn pounds ($66bn) in the nation's economy by 2030, with half of this sum directed towards UK assets, particularly in the green energy sector, according to The Guardian....

Ukraine considers switching from Dollar to Euro as base currency

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Kiev is beginning to look into the option of changing from the dollar to the euro as its primary currency, the head of the National Bank of Ukraine, Andriy Pyshnyi, informed Reuters. He emphasized that the Ukrainian regulator must address this...

Analytics: Eurozone inflation stood at 2.2% in April, above forecasts

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In April, consumer prices in the Eurozone rose by 2.2% year-on-year, as reported by the European Union's statistical office, which provided initial figures. Consequently, inflation stayed at the rate of the prior month. The collective forecast of...
In-depth coverage

Mittelstand, Germany’s Hedge Against Crisis

It’s a stormy weather for Europe's biggest economy right now: Germany is facing a recession as high energy costs are becoming a huge burden, for the country's industrial companies especially. All this would be spelling trouble for the entire region if not for the Mittelstand, a bunch of stable German businesses that keep working hard and inspire others.When it comes to discussions about a Germa...
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World & Politics

The U.S. proposes to revive NATO-Russia Council

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According to Bloomberg, citing sources, the U.S. has revised its proposal concerning the Ukrainian resolution to encompass a plan to rejuvenate the NATO-Russia Council's activities. They stated that the U.S. suggested restarting discussions on...

India reports normalization of situation in areas bordering Pakistan

Koshy Koshy
The Indian Army stated that the situation at the border has returned to normal after reports on Monday of drones in areas bordering Pakistan. Currently, there is no information available regarding enemy drones. The Hindustan Times cited the Indian...

U.S. Treasury chief claims progress on trade talks with China

USDA/LANCE CHEUNG
The White House announced on Sunday that U.S. Treasury Secretary Scott Bessent observed advancements in the China-U.S. trade discussions held over the weekend in Geneva. The White House press office cited Bessent stating, “I am happy to announce...

German counterintelligence agency will not label the AfD as extremist before court verdict

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European media reported on Thursday that the Federal Office for the Protection of the Constitution of the Federal Republic of Germany has opted to temporarily not designate the “Alternative for Germany” (AfD) as a far-right extremist party. This...
Management & Strategy

CrowdStrike CEO donates over $1bn worth of company shares

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George Kurtz, the CEO of US cybersecurity company CrowdStrike, has donated over $1bn in shares of his firm, as indicated by filings available on the US Securities and Exchange Commission (SEC) website. Kurtz's submissions do not reveal the...

Buffett to step down as CEO of Berkshire Hathaway at the end of the year

Fortune The Most Powerful Women via flickr
Berkshire Hathaway Inc, the investment firm of American billionaire Warren Buffett, reduced its operating profit in the first quarter of 2025 by 14 percent, while its net income decreased by 2.8 times. Buffett, 94, who has steered Berkshire for...

Intel plans to cut 20% of its workforce

M.O. Stevens
U.S. semiconductor manufacturer Intel Corp. intends to reduce its workforce by over 20%, a source told Bloomberg. He mentioned that the company may reveal the layoffs as soon as this week. The source indicates that Intel is prepared to make this...

British Steel suspends layoffs of up to 2.7k employees

Simon Dawson / No 10 Downing Str
British Steel, the UK steel producer, has halted plans to dismiss as many as 2,700 workers due to a shift in management, according to the Financial Times. It was previously announced that the firm, which is part of China's Jingye Group, would shut...