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Companies & CEOs

Figma shares rise by 8% on expectations of AI-powered monetization growth

Figma shares rise by 8% on expectations of AI-powered monetization growth
Shares of Figma, a design software developer, increased by 7.8% at the beginning of trading on the New York Stock Exchange, reaching a high of $26.08, as shown by trading data. The gains later slowed significantly, to 1%. Figma's stock increased...

eBay agrees to acquire Depop from Etsy for $1.2 billion

eBay agrees to acquire Depop from Etsy for $1.2 billion
Online giant eBay announced that it has acquired the clothing resale platform Depop from Etsy for $1.2 billion, as reported by the Associated Press. The agreement happens as the secondhand market is growing, drawing customers because of lower prices...

Suzuki launches its first electric vehicle in India

Suzuki launches its first electric vehicle in India
Japanese car company Suzuki Motor has introduced its initial electric vehicle, the e VITARA SUV, in India. This model was created through collaboration with Toyota. Maruti Suzuki, which is the Indian branch of Suzuki, has started selling the basic...

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...
Markets & Industries

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...

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...
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

FT: JPMorgan is in talks to provide banking services to Trump's Board of Peace

FT: JPMorgan is in talks to provide banking services to Trump's Board of Peace
According to a report by the Financial Times, citing sources, JPMorgan, which is the biggest investment bank in the United States, is currently engaged in talks to offer banking services to Donald Trump's Board of Peace. JPMorgan declined to...

Wall Street Journal: All US troops will be withdrawn from Syria within two months

Wall Street Journal: All US troops will be withdrawn from Syria within two months
The United States intends to remove all its military personnel from Syria, according to the Wall Street Journal, which is reporting the news based on information from unnamed sources. The number of American troops involved in this operation is...

EU plans to invest in fossil fuel production in Algeria

EU plans to invest in fossil fuel production in Algeria
European Commissioner for Energy, Dan Jørgensen, addressed investments in fossil fuel production during discussions in Algiers last week, according to EC spokesperson Anna-Kaisa Itkonen, who confirmed the talks to reporters. “Our industry will...

Sweden starts exploring options for switching to the euro

Sweden starts exploring options for switching to the euro
Sweden is thinking about changing from its own currency, the krona, to the euro, according to Bloomberg. The discussion is still in the beginning phase, but it shows a significant change in the nation's stance.  In 2003, Sweden voted against...
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...