The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

OpenAI to buy Statsig startup, pay for deal with own shares

Ishmael Daro
OpenAI, the creator of ChatGPT, is acquiring Statsig, a startup that creates tools for testing software features. The payment for the deal will be made solely using OpenAI shares. With OpenAI’s current valuation at $300 billion, the agreement will...

Elliott buys $4 billion in PepsiCo

Mike Mozart
Elliott Investment Management has purchased a $4 billion stake in PepsiCo Inc. and is pushing for modifications at the company to bolster its stock, The Wall Street Journal reported, referencing sources close to the situation. PepsiCo, a major...

Investment company CapVest close to buying German pharmaceutical company Stada for €10 billion

Lupus in Saxonia
CapVest Partners is close to buying the German drug company Stada Arzneimittel AG for €10 billion, including debt, Bloomberg reports based on information from sources. The sources say that CapVest, based in London, is finalizing the deal terms with...

Intel, Samsung, and SK Hynix to lose right to use U.S. technology in China

pixnio
According to Bloomberg, the U.S. division of Intel Corp., along with South Korean firms Samsung Electronics and SK Hynix, will forfeit their access to American technology. Information from the U.S. Federal Register indicates that the exemptions...
Markets & Industries

HSBC improves S&P 500 forecast for the second time in less than a month

Alex Proimos
HSBC analysts have raised their prediction for the US S&P 500 stock index by year-end to 6,500 points, up from 6,400. This marks the second rise in under a month, with the bank's analysts linking it to better-than-anticipated performance from US...

Newly reduced price cap on Russian oil comes into effect

joecabby2011
The price limit on Russian oil, restricting EU companies from engaging in its transport and offering related services, will decrease from $60 to $47.6 per barrel starting September 3. The European Commission made this decision as a component of the...

Lagarde: The risk of Fed losing independence is a “serious concern”

World Economic Forum
The Federal Reserve System (Fed) losing its independence could have big problems for both the United States and the world economy, said Christine Lagarde, the head of the European Central Bank (ECB). Lagarde said in an interview with France’s Radio...

AGA predicts football betting to hit record $30 billion this season

needpix
According to the American Gaming Association, the amount wagered on National Football League (NFL) games will rise by 8.5% this year, hitting a record $30 billion. CNBC highlights that this is relevant solely to lawful wagers. The extent of the...
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

Kallas announces that EU countries will increase defense spending by €2 trillion by 2031

European Parliament
EU countries aim to assign extra €2 trillion for defense expenses by 2031, stated EU Foreign Minister Kaja Kallas on Wednesday. “Europe has initiated the most extensive military initiative in contemporary history. Starting now, an extra two trillion...

France issues arrest warrants for Bashar al-Assad and six of his cronies

Beshr Abdulhadi
The French court has released arrest warrants for ex-Syrian President Bashar al-Assad and six former high-ranking military and government officials, according to the newspaper La Croix on Tuesday. “Following 13 years of inquiries, the judges of the...

Turkey's GDP growth more than doubles to 4.8% in Q2

KLMircea
Turkey's economy grew by 4.8% compared to the same time last year in the second quarter of 2025, according to a report from the country's statistical agency, TurkStat. This growth rate is much faster than the previous quarter.  New data shows...

Trump demands Netanyahu to defeat Hamas quickly

Trump White House via flickr
US President Donald Trump is insisting on strong measures from Israeli Prime Minister Benjamin Netanyahu against Hamas, as he thinks it can be defeated within several weeks, according to The Times of Israel. He states that Trump thinks a conclusive...
Management & Strategy

Rio Tinto splits business into three segments, announces management changes

Rio Tinto splits business into three segments, announces management changes
Australian miner Rio Tinto is restructuring its operations and dividing them into three segments, the company announced in a statement. Rio Tinto will now feature a segment for iron ore, a segment for copper, and a segment for aluminum and lithium....

BP plans to cut at least 15% of office staff

Mike Mozart via flickr
BP plc is set to undertake a new assessment of its operations and expenses, aiming to reduce its office workforce by at least 15%, according to the Financial Times. This follows just months after its recent strategic revamp faced a lukewarm response...

The Information: ChatGPT developer doubles its annual income

Jernej Furman
According to a source cited by The Information, the American firm OpenAI, known for developing the ChatGPT chatbot, saw its revenue increase to $12 billion year-on-year in the first seven months of 2025. As The Information notes, this number...

Jaguar Land Rover to lay off up to 500 employees

Hugh Venables
Automobile manufacturer Jaguar Land Rover (JLR) intends to reduce up to 500 management roles in the UK due to the adverse effects of import taxes implemented by the US, as stated by the company. The decrease will reach a maximum of 1.5% of the...