Nippon Steel secures $5.7B in loans from Japanese banks to finance its acquisition of U.S. Steel.
Nvidia wins China approval for H200 sales, restarts production, and preps Groq chips for the Chinese market.
Qualcomm unveils $20B stock repurchase, adds 3% dividend hike, boosting shareholder returns.
JPMorgan poached Goldman veteran Yi Zhang as co-head of China investment banking. The move follows a hiring spree to meet rising IPO and M&A demand across Asia
The BIS advises central banks to ignore temporary energy price spikes from the Iran crisis, warns of economic damage if the conflict lasts, and hits fiscal debt
President Trump urged the Federal Reserve to hold a special meeting and cut interest rates immediately. Markets remain focused on upcoming inflation data.
Citi lowered Bitcoin to $112,000 and Ether to $3,175. Stalled U.S. laws and election risks slow growth. BTC currently holds above 70000.00.
Beyond Meat will delay its 2025 annual report to review inventory balances and obsolescence.
The Office for National Statistics has refreshed the UK's inflation basket of 760 items to reflect shifting consumer habits. Alcohol-free beer, hummus, and pet grooming have been added due to rising popularity and health trends.
The SEC may soon propose making quarterly earnings optional, allowing semi-annual reporting instead. Trump-backed plans aim to cut costs, but critics warn of less transparency.
Tesla and LG Energy Solution will build a $4.3B battery plant in Michigan. Starting in 2027, it will supply LFP cells for Tesla's Megapacks, reducing reliance on China.
US diesel prices topped $5 for the second time ever as Middle East conflict disrupts the Strait of Hormuz. The surge threatens global trade and adds to inflation.
Dell shed 11,000 jobs in fiscal 2026 to curb costs, leaving 97,000 employees. Despite layoffs, shares are up 24% on strong AI server demand and dividend hikes.
Nvidia eyes a $1 trillion market by 2027, pivoting to AI inference with new Groq-powered tech and Vera Rubin chips to maintain its lead over rising rivals.
UniCredit offers a modest bid to pass 30% stake, aiming to start merger talks despite German government opposition.
US consumer staples are losing their "safe haven" status as record-high valuations meet dimming profit outlooks. Inflation from the Iran war is squeezing margins, with sector earnings growth now expected at just 1.9%.
The EU is drafting emergency measures, including gas price caps and tax cuts, as the Iran war and Strait of Hormuz closure drive gas prices up 50%.
Foxconn reported a 2% dip in Q4 profit, significantly missing the estimate as the iPhone and AI server giant faces headwinds.
Roche has deployed over 2,100 Nvidia Blackwell GPUs to accelerate drug R&D and diagnostics. The expansion creates the industry's largest GPU footprint to cut clinical trial timelines.
African nations are banning raw mineral exports to force local processing. Zimbabwe's early lithium ban is squeezing Chinese supply chains and hiking global prices.
BP issued a revised contract after 98% of union workers rejected its "final" offer. The new proposal cuts lump-sum payments and removes retroactive pay raises.
Micron is building a second facility at its new Tongluo site to boost HBM and AI chip supply. Construction begins by late fiscal 2026 to meet surging demand.
Apple's MacBook Neo is its most repairable laptop since 2012. While it uses screws over glue, soldered RAM remains a hurdle for future-proofing AI performance.
Global EV registrations fell 11% in February to around 1 million units, hit by the end of subsidies. While Europe grew 21%, sales plummeted 32% in China and 35% in North America.