Energy companies Shell and Exxon Mobil have decided not to proceed with the sale of North Sea gas assets to Viaro Energy, a firm controlled by Italian businessperson Francesco Mazzagatti. In a statement, Shell said the transaction could not be finalized because "the conditions required for completion were not satisfied, due to changes in the commercial and market environment," even though the...

Taiwan Semiconductor Manufacturing Company, the world's top custom chip manufacturer, reported a rise in its net profit to NT$505.7 billion, which is approximately $16 billion, for the fourth quarter of 2025. This is compared to $374.68 billion in the same quarter of 2024, as stated in its financial report. According to Bloomberg, analysts estimated the company's profit to be around $467 billion...

Alphabet Inc., which is the parent company of Google, had a market value that surpassed $4 trillion during Monday's trading session. Throughout the trading session, its stock price increased by 1.7% to $334.04 per share, but later fell by 0.2%. Over the course of 2025, the company's market value has risen by 65%. According to CNBC, Apple has chosen to integrate Alphabet's Gemini AI model into...

Japanese company SoftBank has announced that it has reached an agreement to purchase data center investment firm DigitalBridge for a total of $4 billion. This deal is part of SoftBank's broader initiative in artificial intelligence (AI). Masayoshi Son, who serves as both the CEO and Chairman of SoftBank, noted that the acquisition will "strengthen the foundation for next-generation data centers"...

Graphics chip manufacturer Nvidia Corp. is purchasing the assets of American startup Groq, known for creating high-performance AI accelerators, for $20 billion, according to CNBC, referencing Alex Davis, CEO of the financial firm Disruptive. Disruptive has invested more than $500 million in Groq since the company's establishment in 2016 and took part in the funding round in September, which...

BP Plc has announced the sale of its majority ownership in its lubricants division (Castrol) to the American investment firm Stonepeak. It will divest 65% of Castrol for an overall business valuation of $10.1 billion, which accounts for debt. The agreement will yield net proceeds of around $6 billion for BP, which includes an initial dividend payment of $800 million on the company's maintained...

The Italian antitrust authority, the Autorità Garante della Concorrenza e del Mercato (AGCM), imposed a fine of €255 million on the Irish low-cost airline Ryanair for blocking third-party airlines from buying tickets on its website. The regulator stated that Ryanair implemented specific actions to stop travel agencies from purchasing tickets on its website when combined with flights from other...

Netflix Inc. has partially refinanced the $59 billion bridge loan obtained for acquiring Warner Bros. Discovery Inc. (WBD). According to Netflix's filings with the Securities and Exchange Commission (SEC), the firm received a $5 billion revolving line of credit from banks. Moreover, the firm obtained two loans of $10 billion, each having terms of two and three years. Bridge loans are generally...

Trump Media & Technology Group has consented to merge with American nuclear fusion company TAE Technologies. The merged company holds a valuation of $6 billion. The merger with TAE represents Donald Trump's effort to penetrate the swiftly expanding sector of energy provision for artificial intelligence systems. In 2026, the merged company aims to start building the globe's inaugural...