The Strategist

The Strategist
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Companies & CEOs

Musk to reorganize xAI after merger with SpaceX

Musk to reorganize xAI after merger with SpaceX
Elon Musk, the billionaire, revealed at a company-wide gathering that his American AI startup, xAI, will revise its internal setup following its merger with his own SpaceX. A video of the meeting has been shared on the xAI microblog. According to...

Eni to work on new offshore block in Libya with QatarEnergy

Eni to work on new offshore block in Libya with QatarEnergy
Italy's Eni, which secured the exploration license for offshore Block O1 in Libya via an international bidding process, will carry out the project as part of a consortium including QatarEnergy. Eni stated that the contract area is situated within...

TotalEnergies cuts quarterly net profit by a quarter

TotalEnergies cuts quarterly net profit by a quarter
French oil and gas company TotalEnergies reported a decrease in its net profit for the fourth quarter of 2025. This decline was more than 26% compared to the same period in the previous year and also 21% when compared to the previous quarter. In the...

Bank of France Governor will resign early

Bank of France Governor will resign early
The governor of the Bank of France, François Villeroy de Galhau, is set to step down from his position before the usual time. The Governor of the Bank of France, François Villeroy de Galhau, will step down from his position in early June this year,...
Markets & Industries

Eurozone GDP grows by 0.3% in Q4 2025

Eurozone GDP grows by 0.3% in Q4 2025
The eurozone economy grew by 0.3% in the fourth quarter of 2025 when compared to the third quarter, as updated figures from Eurostat, the European Union's statistics agency, show. Year-on-year, GDP growth was 1.3%. The results matched what was...

EC President blames fossil fuels for high EU energy prices

EC President blames fossil fuels for high EU energy prices
European Commission President Ursula von der Leyen thinks that high energy prices in the EU are partly because the region still relies on fossil fuels, and she stressed the need to invest in cleaner energy sources. The EC President stated on...

Chinese banks advised to cut their holdings of US Treasuries

Chinese banks advised to cut their holdings of US Treasuries
Chinese regulators told financial institutions to lower their investments in US Treasury bonds, pointing to the dangers of having too much concentrated exposure and the potential for market fluctuations, according to Bloomberg. According to...

European Commission responds to French investigation into social media platform X

European Commission responds to French investigation into social media platform X
The European Commission became aware of the Paris prosecutor's office investigation into the French operations of social media platform X through the media, and the EC is currently engaging with French authorities on the matter, according to EC...
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

Norwegian skier Klaebo sets Winter Olympic gold medal record

Norwegian skier Klaebo sets Winter Olympic gold medal record
The Norwegian team earned a gold medal in the men's 4x7.5 km cross-country skiing relay event at the 2026 Olympic Games held in Italy. France placed second, and Italy took bronze. For Johannes Klaebo, who represented the Norwegian team, this gold...

Bloomberg: US military activity in the Caribbean cost nearly $3 billion

Bloomberg: US military activity in the Caribbean cost nearly $3 billion
According to Bloomberg's estimate, the United States has spent approximately $2.9 billion on military operations in the Caribbean, which involved the mission to apprehend Venezuelan President Nicolás Maduro. The agency points out that the United...

Former ECB President Draghi calls on EU leaders to urgently save the economy

Former ECB President Draghi calls on EU leaders to urgently save the economy
According to Corriere della Sera, citing an EU source, former ECB President and former Italian Prime Minister Mario Draghi believes the economic condition in the European Union has deteriorated since the release of the 2024 EU Competitiveness...

US-China trade agreement may be extended for another year

US-China trade agreement may be extended for another year
According to the South China Morning Post, which is citing sources, China and the United States might choose to renew their trade agreement for an additional year. The report states that the United States and China are ready to renew the trade...
Management & Strategy

Toyota Motor announces upcoming CEO change

Toyota Motor announces upcoming CEO change
Toyota Motor, the world's largest automobile manufacturer, will replace its Chief Executive Officer starting on April 1. According to the company press release, Kenta Kon, who is currently leading the corporation's finance division, will take on the...

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...