Xiaomi launched its next-gen SU7 at 219,900 yuan, adding standard LiDAR and a 902km range. It targets Tesla with 15,000 orders amid tighter China EV regulations.
HSBC and a Standard Chartered JV are expected to receive Hong Kong's first stablecoin licenses as soon as March 24. This marks a major step in the city's strict new regulatory regime for fiat-pegged tokens.
Unilever is in talks to sell its food unit to McCormick for up to €31B. The move aims to focus on high-growth beauty and personal care. No deal is yet certain.
Southeast Asia is shedding death taboos as populations age. Demand for bespoke, unique funerals is fueling a multibillion-dollar "death economy" in the region.
Coca-Cola's top India bottler may raise prices in April due to war-driven costs. SLMG is expanding with 4 new plants, targeting ₹100B revenue by 2027.
Musk plans two Austin chip factories for Tesla and SpaceX. One chip powers cars and robots; the other targets space AI. Goal: 1 terawatt of yearly computing capacity.
Poste Italiane launched a $12.5B cash-and-stock bid for Telecom Italia to create a national digital giant. The offer targets a late 2026 close and TIM's delisting, with the board meeting today to evaluate the proposal.
Obin AI, led by former JPMorgan and Google executives, has launched with $7 million in funding to build an agentic workforce for banks.
Citi and HSBC have made strategic investments in Adaptive to accelerate the development of bespoke, cloud-native trading platforms. The move highlights a shift toward modular, AI-driven infrastructure in capital markets.
Visa has rolled out Intelligent Authorisation in Europe, a single API using machine learning to optimize transaction routing. The tool helps acquirers bypass legacy tech hurdles to reduce decline rates and costs.
The UK government is preparing to sue Roman Abramovich after he missed a March 17 deadline to release £2.4bn from the Chelsea FC sale.
Japan is considering reviving domestic LNG carrier production to bolster national security amid the Iran energy crisis. The move aims to challenge China and South Korea's market dominance.
Unilever is in talks to combine its food business with spice maker McCormick in an all-stock deal. The move aims to streamline assets like Hellmann's and Cholula.
Goldman Sachs plans to cut underperforming staff in April. These performance-based layoffs are separate from its typical annual culling of 1% to 3% of employees.
US pump prices have jumped 30% to $3.88 since the Middle East war began. Experts expect costs to exceed $4 next week as supply disruptions rattle the market.
Hungarian PM Viktor Orbán has blocked a €90bn loan for Ukraine, despite previously agreeing to it.
J.P. Morgan predicts the Bank of England will raise rates in April and July due to Middle East war inflation risks. The bank aims to curb prices rising above 3.5%.
FedEx shares jumped 9% after a record holiday profit. Despite the Iran war and high fuel costs, surcharges and cost cuts led to an upgraded annual outlook.
War-driven inflation fears push UK mortgage rates higher, adding around £800 per year.
HSBC and Standard Chartered are expected to receive Hong Kong's first stablecoin licences by March 24, following the city's strict new crypto regulations.
Amazon CEO Andy Jassy says AI could double AWS sales to $600B annually by 2036.
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.