Prime Minister Keir Starmer delivered a pivotal speech on Monday, fighting to save his leadership after the Labour Party suffered crushing losses in last week's local elections
Giorgio Armani is reportedly planning to sell a 15% stake in equal parts to LVMH, L'Oreal, and EssilorLuxottica, fulfilling the late designer's succession plan.
Indian Prime Minister Narendra Modi called on citizens to work from home and reduce travel to conserve foreign exchange as oil prices top $105 per barrel. The move follows heightened tensions in the Middle East and a blockade at the Strait of Hormuz.
Elon Musk endorsed Warren Buffett's radical proposal to end the U.S. deficit: pass a law making all members of Congress ineligible for re-election if the deficit exceeds 3% of GDP. The national debt currently stands at $38.9 trillion.
President Donald Trump will visit China May 13–15 at President Xi Jinping's invitation. The summit, the first in nine years, targets trade and the fragile Iran ceasefire.
Coca-Cola reported a 10% jump in organic revenue for Q1 2026, driven by effective marketing and price hikes.
Ryanair will close its Thessaloniki base this winter, cutting 700,000 seats and 12 routes across Greece. The airline blames a 66% hike in airport fees, while operator Fraport attributes the exit to Ryanair's own commercial strategy.
Toyota expects a $4.3B profit hit from the Iran war due to surging material and energy costs. Smallest quarterly profit in years as war offsets hybrid demand.
Trump's crackdown on China-linked firms is freezing U.S. solar factory growth. Financing and insurance dry up as the industry awaits guidance on subsidy eligibility.
Bitcoin miners are racing to pivot into AI infrastructure to survive shrinking profit margins, but Elon Musk's SpaceX has emerged as a powerhouse rival by leasing its massive Colossus supercluster to Anthropic. This deal proves that the real value of mining sites lies in their existing power contracts and grid connections, which are increasingly rare as AI demand outstrips the
Mercedes-Benz is recalling 144,049 U.S. vehicles over faulty instrument panels that may go blank. A free software update will fix the infotainment control units.
Baidu's AI chip unit, Kunlunxin, seeks a $14.7B valuation for its Hong Kong IPO. The listing aims to capitalize on the surging demand for domestic Chinese silicon.
Investor Southeastern Asset Management seeks a sale or Hasbro merger for Mattel as toy demand falls. The move aims to boost value through IP and digital growth.
AI chip demand has forced Sony and Nintendo to hike console prices. Despite rising costs and supply chain strain, both eye high-margin game sales to offset risks.
CoreWeave raised its annual capex forecast due to rising component costs, causing shares to plunge over 9% despite booming AI-driven demand for neocloud capacity.
Commerzbank plans 3,000 job cuts and raised profit goals to €4.6B by 2028 to fight a €37B hostile takeover bid from UniCredit, which now holds a 30% stake.
Trump's Iran war strikes and troop withdrawals from Germany have fractured NATO trust. European leaders are now accelerating plans for a self-sufficient alliance.
Barclays reported record investment banking income of £4bn, yet scaled back risky lending following a £228m hit from the collapse of UK mortgage firm MFS. CEO C.S. Venkatakrishnan warned of rising fraud while setting aside £105m for motor finance compensation.
Wang Yi met US Senators in Beijing, urging mutual respect and win-win cooperation to stabilize ties and benefit the world through constructive, stable dialogue.
Bitcoin fell to $79,800 due to technical resistance and RSI divergence, even as weekly spot ETF inflows topped $1B. Bulls look to hold $78,500 support for a rebound.
Allianz shares fell 4% today, but it's just a technical dip as the stock trades ex-dividend following a record €17.10 payout. The outlook remains bullish.
The Trump administration's new counter-terrorism strategy calls Europe an incubator for terror due to migration. It also targets left-wing extremists and drug cartels while urging Europe to halt its civilisational erasure.
General Motors is recalling over 40,400 vehicles in the U.S. due to brake fluid sediment that poses a crash risk, according to the NHTSA.
Shell's Q1 profit hit $6.9B, beating estimates on oil trading gains. It hiked dividends by 5% but trimmed buybacks to $3B to manage debt amid Middle East volatility.