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Spotify CEO Daniel Ek to step down, become exec chairman in Jan. Firm shifts to co-CEO model to boost profits and compete with Apple, YouTube, and Amazon.
CoreWeave signed a $14B deal to supply computing power to Meta, boosting AI infrastructure. Shares jumped 12% after the announcement on Tuesday.
Exxon Mobil will lay off 2,000 workers globally—about 3–4% of its workforce—as part of a long-term restructuring and efficiency plan.
Trump plans 100% tariffs on foreign-made films entering the U.S., threatening Hollywood's global model and raising risks for international film productions.
YouTube will pay $24.5M to settle Trump's lawsuit over his 2021 account ban, becoming the last major tech firm to resolve his claims of silencing conservatives.
Trump to impose 10% tariffs on timber and 25% on furniture from Oct 14, targeting imports ahead of wider duties on drugs and trucks starting October 1.
Gold is in a short-term pullback within a larger uptrend and is now testing a critical support zone. After hitting a high near 3840.00 the price has corrected lower—a move confirmed by the RSI dropping from overbought levels. This pullback has brought the price to a key technical floor. The critical support to watch is the 3818.00 area, which
Trump's H-1B visa crackdown may push U.S. firms to shift key work to India, boosting growth of 1,700+ high-value Global Capability Centres across sectors.
GSK CEO Emma Walmsley to step down after 8 years; insider Luke Miels to take over as firm aims to boost its pipeline and tackle U.S. trade tariff risks.
Continuation of dollar weakness has helped push USD/JPY currency par higher in the previous week. Economic Calendar Continuing previous weeks trend, market activity may be considered low, however deviations from fundamental data forecasts may bring increased volatility during this trading week. USD/JPY hourly chart analysis USD/JPY is in a sharp short-term downtrend after being rejected from the 150.00 resistance, and is now testing
Lockheed's Sikorsky won a $11B U.S. Navy deal to build up to 99 CH-53K helicopters over 5 years, the largest order yet for the heavy-lift aircraft.
UK to back Jaguar Land Rover with a £1.5B loan guarantee after a cyberattack halted production, aiming to support the carmaker and struggling suppliers.
TotalEnergies will sell 50% of its U.S. solar portfolio to KKR for $950M, including 6 utility-scale and 41 distributed generation assets across North America.
BP will invest $5B in its Tiber-Guadalupe project in the Gulf of Mexico, aiming to start production by 2030 with a new platform producing 80,000 barrels/day.
Mercedes uses recycled, renewable-powered aluminium from Norsk Hydro to cut CO2 in making its new electric CLA, aiding its push to decarbonize production.
SEC Chair Paul Atkins backs minimal regulation and supports fast-tracking Trump's plan to end quarterly earnings reports, aiming to boost business growth.
Currency pair saw increased volatility, closing at the 7 week low- 1.33990. Economic Calendar Higher than usual volatility levels may be anticipated, if fundamental data releases from both the United Kingdom and the United States are taken into consideration. GBP/USD hourly chart analysis GBP/USD chart shows a corrective rally that is now testing a major confluence of resistance, which will be a critical
AstraZeneca will list shares directly on the NYSE but keep its London HQ and listing, easing fears it might ditch the UK for higher U.S. valuations.
FX pair saw mediocre volatility levels, closing slightly below previous weeks close, closing at 1.17000. Economic Calendar Analysis Higher levels of volatility may be anticipated due to fundamental data release coming from United States. EUR/USD hourly chart analysis EUR/USD chart shows a corrective rally that is now testing a major confluence of resistance, putting the short-term recovery at a critical decision point. The price
Lufthansa plans to cut 4,000 admin jobs by 2030 through digitalization and automation. It also announced new mid-term targets for 2028 and 2030.
Toyota's global sales rose 2.2% in August, boosted by strong U.S. hybrid demand, despite a 12.1% drop in Japan. Total sales hit 844,963 vehicles.
Amazon will pay $2.5B to settle FTC claims it misled users into Prime sign-ups. It's a win for consumers, but minor for Amazon, which earns that in 33 hours.
Roche cites new U.S. plant and investment pledges after Trump warns of 100% tariffs on branded drugs unless firms build U.S. factories by Oct 1.
Trump signs order to sell TikTok's U.S. operations, aiming to meet 2024 law's security rules; new firm valued at $14B, says VP JD Vance.