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Companies & CEOs

Syngenta to raise up to $10 billion in IPO

Syngenta to raise up to $10 billion in IPO
Bloomberg’s sources close to the discussions suggest that Syngenta Group, which produces seeds and pesticides, is looking into launching an initial public offering on the Hong Kong Stock Exchange. The agency stated that the company might raise as...

Aston Martin to cut up to 20% of jobs due to growing losses

Aston Martin to cut up to 20% of jobs due to growing losses
British sports car maker Aston Martin stated its intention to reduce its workforce by up to 20 percent in order to lower expenses. The company currently employs approximately 3,000 people. For the entire year of 2025, the manufacturer reported a net...

Apple to shift some Mac Mini production from Asia to the US

Apple to shift some Mac Mini production from Asia to the US
Apple Inc.'s Chief Operating Officer, Sabih Khan, informed The Wall Street Journal that the company plans to move certain Mac Mini manufacturing operations from Asia to the United States. According to Khan, the assembly process will start at a...

Amazon becomes largest US company by annual revenue, surpasses Walmart

Amazon becomes largest US company by annual revenue, surpasses Walmart
Amazon.com Inc. became the biggest US company in terms of revenue last year, beating Walmart Inc. in that category. Walmart posted its financial results, revealing that its total revenue for the fiscal year ending on January 31 was $713.2...
Markets & Industries

Global debt reaches record $348.3 trillion in 2025

Global debt reaches record $348.3 trillion in 2025
In 2025, global debt, which includes the obligations of governments, households, financial institutions, and non-financial companies, rose by $29 trillion to reach a new high of $348.3 trillion, as reported by the Institute of International Finance....

Bloomberg: Chinese refineries replace India in the Russian oil market

Bloomberg: Chinese refineries replace India in the Russian oil market
According to Bloomberg, which is based on collected vessel tracking data, Chinese oil refineries are continuing to purchase Russian oil, while India has decided not to accept it. The agency reported that the amount of Russian oil sent to Chinese...

Foreign investors increase purchases of US stocks by 134% in 2025

Foreign investors increase purchases of US stocks by 134% in 2025
According to Bloomberg, which is citing data from the US Treasury Department, the amount of money flowing into US stocks from non-US investors increased by 134% in 2025, reaching a total of $720.1 billion. By comparison, the figure for 2024 was...

Automakers' losses due to EV policy changes exceed $65 billion in 2025

Automakers' losses due to EV policy changes exceed $65 billion in 2025
The change in focus towards phasing out vehicles powered by internal combustion engines in favor of electric vehicles (EVs) has led to losses of at least $65 billion for global automakers in 2025, as reported by The Financial Times. The publication...
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

IMF approves $8.1 billion in funding for Ukraine under its Extended Fund Facility

IMF approves $8.1 billion in funding for Ukraine under its Extended Fund Facility
The Executive Board of the International Monetary Fund (IMF) has approved a new four-year financial support plan for Ukraine, with a total amount of $8.1 billion. The IMF Executive Board approved a new agreement to extend the Extended Fund Facility...

OpenAI to review security protocol following Canadian school shooting

OpenAI to review security protocol following Canadian school shooting
OpenAI stated it would take "immediate action" to examine its security measures after the February 10th school shooting in Canada. Jesse Van Rotselaar, an 18-year-old shooter, set up a second ChatGPT account following the suspension of her first...

Iran triples oil exports amid US military buildup in the region

Iran triples oil exports amid US military buildup in the region
According to Bloomberg, which refers to estimates provided by the research firm Kpler, Iran has significantly increased the amount of oil it has loaded onto tankers departing from the Persian Gulf. From February 15 to 20, a total of 20.1 million...

European Commission expects European Parliament to approve trade agreement with the US in March

European Commission expects European Parliament to approve trade agreement with the US in March
European Trade Commissioner Maroš Šefčovič urged the European Parliament to approve the EU-US trade agreement in March, according to Bloomberg. The European Commissioner stated that our objective should still be a full voting session in March, as...
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...