Companies & CEOs

Google appeals EC orders to open up Android and search data to competitors

Google (a subsidiary of Alphabet Inc.) has lodged appeals with the European General Court in response to European Commission (EC) mandates that demand it to make the Android operating system…
Published on September 30, 2026
By Iris Barker

New Airbus A350F freighter completes maiden flight

The inaugural test flight of the new Airbus A350F freighter has taken place in Toulouse, France. It is scheduled to complete around 400 hours of testing for certification overall. The…
Published on September 30, 2026
By Iris Barker

Nvidia expands share buyback by record $150 billion to $235 billion

Nvidia Corp., based in the U.S., is increasing its share repurchase program by $150 billion, raising the total to $235 billion.
Published on September 29, 2026
By Iris Barker

OpenAI pauses training of its newest AI models

According to a statement from the company, OpenAI has halted the training of its newest artificial intelligence (AI) models due to an increasing number of incidents where AI agents are…
Published on September 28, 2026
By Iris Barker

Polymarket seeks recognition as a financial corporation in Europe

Polymarket, a prediction market platform located in the US, has initiated a lobbying effort in Europe and the UK, according to the Financial Times (FT). As reported by the newspaper,…
Published on September 25, 2026
By Iris Barker

OpenAI and Anthropic release new AI models and lower prices

On September 23, Anthropic and OpenAI launched more affordable variants of their leading AI models as competition with each other and Chinese rivals escalates, according to the Financial Times (FT).
Published on September 24, 2026
By Iris Barker

Orlen lost $400 million attempting to buy Venezuelan oil for cryptocurrency

The Polish energy company Orlen incurred losses of almost $400 million attempting to acquire Venezuelan oil in defiance of US sanctions. According to the Financial Times, payment was completed with…
Published on September 18, 2026
By Iris Barker

GM organizes US-based battery development to reduce reliance on China

US automotive manufacturer General Motors intends to create next-generation battery cells. The firm believes this decision will decrease US reliance on China while also boosting the amount of materials obtained…
Published on September 15, 2026
By Iris Barker

Revolut confirms data breach caused by fraudulent requests posing as a government agency

Revolut has acknowledged a data breach that impacts certain customers as a result of deceptive requests from a government entity, according to Reuters referencing a company representative.
Published on September 14, 2026
By Iris Barker

TotalEnergies discovers new oil in Angola

TotalEnergies of France announced in June the discovery of a new oil reserve in Angola's Block 17.
Published on September 11, 2026
By Iris Barker

Nasdaq plans to invest $100 million in Kraken crypto exchange

The exchange operator Nasdaq is allocating $100 million to Payward, the parent organization of the cryptocurrency platform Kraken, as reported by Bloomberg, referencing sources knowledgeable about the situation.
Published on September 11, 2026
By Iris Barker

Volkswagen considers selling motorcycle maker Ducati

Volkswagen (VW), the German car manufacturer, is contemplating selling motorcycle maker Ducati as part of a wider evaluation of its asset portfolio to reduce expenses, according to Bloomberg.
Published on September 9, 2026
By Iris Barker

Europe’s most valuable AI startup raises valuation to €21 billion

French AI startup Mistral secured €3 billion in a funding round that values the firm at more than €21 billion, according to Bloomberg, referencing a statement from the company.
Published on September 9, 2026
By Iris Barker

Norway’s sovereign wealth fund intends to reduce the share of government bonds in its portfolio

The Government Pension Fund of Norway, the largest sovereign wealth fund globally with $2.3 billion in assets, has suggested decreasing the proportion of government bonds in its portfolio, mainly by…
Published on September 7, 2026
By Iris Barker

Microsoft to begin disclosing Azure cloud revenue in monetary terms

According to the company presentation, Microsoft will start revealing quarterly revenue figures for its Azure cloud operations in financial terms.
Published on September 4, 2026
By Iris Barker

IKEA to lower prices on hundreds of products in Europe

Swedish IKEA plans to reduce prices on numerous items across Europe to enhance affordability for customers dealing with increasing living expenses.
Published on September 2, 2026
By Iris Barker

Eli Lilly to acquire biotech Merida Biosciences for $2.9 billion

Eli Lilly & Co., a pharmaceutical firm, intends to purchase biotech Merida Biosciences, known for creating therapies for autoimmune and allergic conditions, according to a company statement reported by Bloomberg.
Published on September 1, 2026
By Iris Barker

General Motors to invest $791 million in car plants in Canada

The union for General Motors Canada (Unifor) has ratified a deal to manufacture a new heavy-duty truck at a facility in Ontario, according to Reuters.
Published on September 1, 2026
By Iris Barker

DeepSeek raises funding round at $74 billion valuation

Chinese AI model creator DeepSeek is nearing the end of a funding round with a pre-money valuation estimated at around 500 billion yuan ($74 billion), as reported by the South…
Published on August 28, 2026
By Iris Barker

Nvidia’s quarterly profit doubles compared to last year

In its quarterly results, the American firm Nvidia reported a net profit that more than doubled from the previous year, hitting $59.69 billion. According to The New York Times, revenue…
Published on August 27, 2026
By Iris Barker

Smart ring maker Oura plans to raise up to $3 billion in US IPO

Oura Health, a smart ring manufacturer, along with some of its investors, aims to secure up to $3 billion in an initial public offering (IPO) in the United States, according…
Published on August 26, 2026
By Iris Barker

Nvidia is discussing investment in AI startup Perplexity

Nvidia is negotiating to invest in the AI startup Perplexity during a funding round, according to The Information, which cites sources close to the discussions.
Published on August 25, 2026
By Iris Barker

SpaceX attempts to acquire Cognition AI startup

Elon Musk's SpaceX has approached artificial intelligence startup Cognition AI with a potential acquisition offer, sources familiar with the matter told Bloomberg.
Published on August 21, 2026
By Iris Barker

Monte Paschi CEO considers acquiring Banco BPM and Banca Generali

Luigi Lovaglio, CEO of Banca Monte dei Paschi di Siena SpA, is contemplating the acquisition of two smaller Italian banks, Banco BPM and Banca Generali, as reported by Il Sole…
Published on August 20, 2026
By Iris Barker

Shares of robot maker Unitree soar 460% in their debut trading in Shanghai

Unitree Robotics, a maker of humanoid robots, saw its shares soar 460% on their first day of trading on the Shanghai Stock Exchange, according to Bloomberg, referencing trading data. At…
Published on August 20, 2026
By Iris Barker

Nokia plans to close almost all its factories in China by the end of the year

Finnish telecom equipment manufacturer Nokia intends to shut down nearly all of its factories in mainland China by year’s end, as reported by the South China Morning Post (SCMP), citing…
Published on August 19, 2026
By Iris Barker

Virgin receives permission to operate under-channel trains despite Eurostar’s complaints

British billionaire Richard Branson's Virgin Group has been granted approval to run trains over the English Channel, even amidst objections from Eurostar, according to the Financial Times.
Published on August 19, 2026
By Iris Barker

PDVSA is working to restore its refining capacity

Hector Obregón, CEO of Petróleos de Venezuela S.A. (PDVSA), informed VTV that the present refining capacity at its facilities is 350,000 barrels daily.
Published on August 18, 2026
By Iris Barker

Ford to move Lincoln production from China to the US

Ford Motor Company, the American automaker, intends to relocate manufacturing of certain Lincoln luxury brand models from China to the US by 2030, as stated by CEO Jim Farley to…
Published on August 14, 2026
By Iris Barker

Cognition AI plans to raise investment at a $40 billion valuation

AI startup Cognition AI is negotiating with investors for a new funding round, aiming for a valuation of at least $40 billion, as reported by Bloomberg, which cites sources close…
Published on August 13, 2026
By Iris Barker

Saudi Aramco to restore Jazan refinery operations no earlier than August 30

Saudi Arabian Oil Co. (Saudi Aramco) has delayed the initial restart date for its Jazan refinery by a fortnight, now set for August 30, according to Reuters, referencing data from…
Published on August 11, 2026
By Iris Barker

Bezos sells $350 million in Amazon shares at near-record price

Jeff Bezos sold almost $350 million in Amazon stock after the firm’s papers hit an all-time high, according to Bloomberg, which references notifications.
Published on August 7, 2026
By Iris Barker

Boeing 737 Max 7 is certified in the United States after nearly decade-long delay

The US Federal Aviation Administration (FAA) announced that the Boeing 737 Max 7 has been certified almost a decade after its development began.
Published on August 5, 2026
By Iris Barker

Shein plans to go public in Hong Kong with $30-40 billion valuation

Shein, a fast-fashion retailer based in Singapore, intends to conduct an IPO in Hong Kong as soon as mid-August, aiming for a valuation between $30 billion and $40 billion, according…
Published on August 5, 2026
By Iris Barker

Nissan posts first quarterly profit in two years

The Japanese car manufacturer Nissan Motor boosted its revenue in the first fiscal quarter and reported its first quarterly net profit in two years.
Published on August 4, 2026
By Iris Barker

The US fines a UBS subsidiary $125 million

UBS Financial Services Inc., the brokerage division of Swiss bank UBS Group AG, consented to a $125 million penalty as part of a settlement with US regulators regarding ongoing breaches…
Published on August 4, 2026
By Iris Barker

Samsung reports 250-fold profit in chip business

Samsung Electronics declared an over 250-fold rise in profit within its chip sector, as per Bloomberg, referencing the company's financial results for the second quarter of 2026. The operating profit…
Published on July 31, 2026
By Iris Barker

Airbus doubles quarterly net profit

Airbus SE, the European aerospace company, more than doubled its net profit in the second quarter, with a revenue increase of 28%.
Published on July 30, 2026
By Iris Barker

Eni and Total make final investment decision on Cronos offshore gas project in Cyprus

Eni from Italy and TotalEnergies from France have reached a final investment decision (FID) to develop the Cronos gas field, situated offshore Cyprus, with the goal of launching the first…
Published on July 29, 2026
By Iris Barker

Visa to cut approximately 2,600 jobs

Visa Inc., the company managing the biggest payment system in the US, intends to eliminate around 2,600 positions, representing about 7% of its total workforce, according to Bloomberg, referencing a…
Published on July 29, 2026
By Iris Barker

Nvidia may provide OpenAI with $250 billion financial guarantee to access AI capacity in the US

The Wall Street Journal reports, referring to sources, that Nvidia Corp. is in talks to offer a financial guarantee to OpenAI to assist the AI firm in utilizing SoftBank Group's…
Published on July 28, 2026
By Iris Barker

FT: SpaceX’s European competitor plans to raise valuation to $2 billionv

European space startup The Exploration Company (TEC) is negotiating to secure hundreds of millions in funding to advance a project aimed at producing reusable space capsules, according to the Financial…
Published on July 28, 2026
By Iris Barker

Battery maker Varta files for bankruptcy

German battery manufacturer Varta has applied for bankruptcy, according to a Stuttgart district court representative who spoke with Reuters.
Published on July 27, 2026
By Iris Barker

Bloomberg learns of Uber layoffs due to AI implementation

Uber Technologies has reduced its customer and driver support team by 10% as a result of adopting artificial intelligence and a worldwide organizational streamlining initiative, Bloomberg reports, referencing an internal…
Published on July 24, 2026
By Iris Barker

AMD to invest up to $5 billion in Anthropic as part of chip deal

Chip producer Advanced Micro Devices (AMD) has committed to investing as much as $5 billion in Anthropic as a component of a chip agreement, according to the company’s press service.…
Published on July 23, 2026
By Iris Barker

Samsung opens Robotics division

Samsung Electronics of South Korea is creating a division to enhance robotics development and its commercialization, the company revealed.
Published on July 22, 2026
By Iris Barker

Court halts merger of Paramount and Warner Bros. Discovery for two weeks

U.S. District Court Judge Araceli Martinez-Olguin in Oakland, California, has directed Paramount Skydance and Warner Bros. Discovery (WBD) to pause the finalization of their merger for 14 days, according to…
Published on July 21, 2026
By Iris Barker

Chinese AI startup Moonshot plans to go public in six months

Chinese AI firm Moonshot AI has notified its investors about its intentions to become a publicly traded company within six months, according to Bloomberg, referencing sources close to the situation.
Published on July 21, 2026
By Iris Barker

American ConocoPhillips to buy a stake in Iraq’s oldest field from British BP

British BP will divest its 42 percent interest in BP Energy Company of Kirkuk Limited (BP ECKL), which is engaged in rehabilitating Kirkuk, one of Iraq's oldest fields, and developing…
Published on July 20, 2026
By Iris Barker

Spotify founder’s biotech startup raises $700 million from investors and celebrities

Neko Health, a company focused on body-scan diagnostics, has secured $700 million in funding from venture capitalists, wealthy individuals, and celebrities, according to Bloomberg, referring to a statement from the…
Published on July 16, 2026
By Iris Barker
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