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Verizon's new CEO plans to cut 15,000 U.S. jobs, its largest-ever layoffs, as the telecom faces rising competition and a shrinking customer base.
iPhone sales in China jumped 22% after the iPhone 17 launch, with the new series making up nearly 80% of units sold despite a softening market.
Bank of America and BNY Mellon asked a judge to dismiss suits claiming they aided Jeffrey Epstein by ignoring warnings about his sex-trafficking activities.
BTC/USD shows a strongly bearish overall trend. This is evident from the clear pattern of lower highs and lower lows, with the price trading significantly below the downward-sloping 60-period Simple Moving Average (SMA), which currently sits around 111565.4. This SMA will likely act as dynamic resistance. The price has recently experienced a sharp decline, decisively breaking below the former support
JPMorgan has grown its Dubai operations to boost business with mid-sized firms in the Middle East, challenging rivals and considering further expansion in Turkey.
Allianz's Q3 net profit rose 15% to €2.85B, beating forecasts and coming after the insurer raised its full-year outlook.
RTX will take a $300M Q4 charge after transferring $2.5B in pension obligations for 60,000 retirees to Prudential through an annuity buyout.
Burberry returned to growth with Q2 sales up 2%, its first rise in two years, driven by a China rebound and CEO Joshua Schulman's new focus on outerwear and scarves.
A Chinese national, identified as the architect of a massive Ponzi scheme, was sentenced to over 11 years in a UK prison for laundering billions in fraudulent proceeds into Bitcoin cryptocurrency.
New data highlights the rising financial burden on American families, with the total annual health insurance payment for a family in the US reaching an average of nearly $27,000 for the first time.
Cisco reported a strong Q1 FY 2026, with revenue of $14.9 billion, up 8% year-over-year, and non-GAAP EPS of $1.00, up 10% year-over-year, both above guidance. Product revenue grew 10% while services increased 2%, and product orders rose 13%, including $1.3 billion in AI infrastructure orders from hyperscalers. Networking led technology growth with a 15% increase, while Security and Collaboration
Rolls-Royce kept its profit forecast of £3.1–£3.2B, boosted by higher airline flying hours and rising data centre orders, despite supply chain issues.
In the three months to September 2025, UK GDP grew by 0.1%, easing from 0.2% in the three months to August. Services output rose by 0.2%, down from 0.3%, while production output fell by 0.5% after a 0.1% decline previously. Construction output increased by 0.1%, compared with 0.4% in August. In the month of September 2025, GDP fell by 0.1%,
USD/JPY is clearly in an uptrend—it keeps moving up, as shown by the upward-slanting "lane," also called a channel, it's been in. The price is also staying above the red line, which is its average, and this is acting like a rising floor and is a positive sign. The green line at the bottom, the RSI, shows that the upward
GE Vernova and Siemens Energy are in talks to supply turbines for a $7B project to rebuild Syria's power sector, including 4 gas plants and a 1,000-MW solar unit.
IBM unveiled its new quantum chip, Loon, marking progress toward practical quantum computers that could solve complex problems faster than classical machines.
Shell is contesting its arbitration loss to U.S. LNG producer Venture Global in New York, following BP's $1B-plus win over similar contract disputes.
AMD expects $100B in data center chip revenue within five years, aiming to triple earnings; shares rose 4% after a 2.7% drop in regular trading.
Trump will host a private White House dinner with top business leaders, including the CEOs of Nasdaq and JPMorgan, to boost ties and strengthen U.S. markets.
TotalEnergies signed a 15-year deal to supply Google with 1.5 TWh of solar power from its nearly complete Montpelier solar farm in Ohio to run data centers.
From September 2024 to September 2025, the number of payrolled employees in the UK fell by 117,000, with a small drop of 32,000 between August and September 2025. For July to September 2025, there was a yearly decrease of 109,000 and a quarterly drop of 26,000. The employment rate for people aged 16–64 was 75.0%, slightly down from the
Foxconn's Q3 profit rose 17% to T$57.67B, beating forecasts, driven by strong AI server demand that's expected to boost growth next year.
GM has told thousands of suppliers to stop using parts from China and shift supply chains elsewhere, aiming to cut China ties by 2027.
BTC/USD is in a clear short-term bearish trend, defined by a descending trendline that has been acting as strong resistance. Recent price action shows a rejection from this trendline, and the price has also fallen below the 60-period Simple Moving Average, which is now acting as dynamic resistance. Further confirming the bearish momentum, the MACD indicator has just shown a