News

Fri, 20 Feb 2026 09:30:04 GMT

US Automakers Caught in EV Policy Fight

California is suing Trump over revoked EV rules. If upheld, carmakers may face conflicting federal and state emissions laws.

Fri, 20 Feb 2026 06:30:06 GMT

Microsoft Denies ICE Mass Surveillance Use

Microsoft says it does not believe U.S. Immigration and Customs Enforcement uses its Azure cloud tools for mass surveillance, after a Guardian report flagged rising data storage.

Fri, 20 Feb 2026 03:30:08 GMT

Airbus Cuts Jet Output Goal Amid Pratt & Whitney Dispute

Airbus lowered its jet output target to 70–75 a month, blaming engine delays from Pratt & Whitney, while reporting a 17% rise in Q4 profit.

Thu, 19 Feb 2026 21:30:06 GMT

Indonesia, US Sign $38.4B Trade and Investment Deals

Indonesia and United States firms signed $38.4B in trade and investment deals ahead of leaders' pact in Washington, covering mining, energy and farm goods.

Thu, 19 Feb 2026 18:30:05 GMT

Nestle to Sell Ice Cream Units to Froneri

Nestle plans to sell ice cream units to Froneri as CEO Navratil streamlines.

Thu, 19 Feb 2026 15:30:05 GMT

JPMorgan in Talks to Bank Trump's Board of Peace

JPMorgan is in talks to provide banking services for Trump's Gaza-focused Board of Peace, despite a $5B lawsuit between Trump and the bank.

Thu, 19 Feb 2026 12:30:05 GMT

Ryanair Allows Dual Nationals to Board UK Flights with Expired Passports

Ryanair says dual British citizens can use expired passports or certificates of entitlement to fly to the UK after new immigration rules start 25 Feb.

Thu, 19 Feb 2026 09:30:05 GMT

China Pushes AI and Spending in 2026

President Xi prioritises AI innovation and stronger consumer spending to support growth, boost domestic demand, and steady China's economy.

Thu, 19 Feb 2026 06:30:06 GMT

China Beer Market Shifts in 2025

In 2025, Budweiser's China profits fell, while Heineken saw strong gains. Economic slowdown and more home drinking changed consumer habits, boosting Heineken's sales.

Thu, 19 Feb 2026 03:30:06 GMT

Rio Tinto Takes Control of Nemaska Lithium

Rio Tinto gains 53.9% of Nemaska Lithium, boosting plans for a Quebec-based lithium supply chain to serve North America's EV market by 2028.

Wed, 18 Feb 2026 21:30:06 GMT

Big Food Rebrands as GLP-1 Drugs Cut Snack Demand

Food giants revamp snacks with smaller portions and more protein as GLP-1 weight-loss drugs curb U.S. appetite and sales.

Wed, 18 Feb 2026 18:30:04 GMT

Western Digital to Sell Sandisk Stake for $3.17 Billion to Reduce Debt

Western Digital plans to raise $3.17 billion by selling part of its Sandisk stake at a 7.7% discount, with shares to be offloaded by J.P. Morgan and BofA Securities.

Wed, 18 Feb 2026 15:30:07 GMT

Bayer Proposes $7.25B Roundup Settlement

Bayer unveils $7.25B plan to settle tens of thousands of Roundup cancer claims, covering current and future cases pending court approval.

Wed, 18 Feb 2026 12:30:10 GMT

Microsoft Plans $50B AI Investment in Global South

Microsoft says it is on track to invest $50 billion by 2030 to expand AI across developing countries, announced at an AI summit in New Delhi.

Wed, 18 Feb 2026 09:30:06 GMT

Nvidia & Meta Expand AI Chip Deal

Nvidia will supply Meta with millions of new AI GPUs and CPUs for data centers, deepening their multiyear partnership to power advanced AI systems.

Wed, 18 Feb 2026 06:30:08 GMT

Google to Get 150MW from Ormat Geothermal Deal

Ormat signs long-term PPA with NV Energy to supply Google's Nevada operations, with new projects coming online 2028.

Wed, 18 Feb 2026 03:30:10 GMT

EU Approves €74B in Defence Loans

EU ministers approved €74B in defence plans under the €150B SAFE scheme, funding weapons, drones and air defence systems.

Tue, 17 Feb 2026 21:30:05 GMT

Warner Bros Gives Paramount 7-Day Deadline

Warner Bros rejected Paramount's share bid, backs its Netflix deal, and gave Paramount 7 days to submit a final, higher offer.

Tue, 17 Feb 2026 18:30:04 GMT

Goldman Sachs Taps Anthropic for AI Agents

Goldman Sachs is working with Anthropic to deploy AI agents based on Claude for accounting, compliance and client on-boarding, aiming to boost efficiency and automation across the bank.

Tue, 17 Feb 2026 15:30:18 GMT

UK Banks Plan Visa, Mastercard Alternative

UK bank chiefs plan a new payments system to cut reliance on US firms Visa and Mastercard, amid fears Trump could disrupt services.

Tue, 17 Feb 2026 12:30:05 GMT

UBS China Silver Fund Sparks Investor Backlash

Over 200,000 Chinese investors complained after UBS changed its silver fund valuation, deepening losses amid a global price crash.

Tue, 17 Feb 2026 09:30:05 GMT

Volkswagen AG to Cut Costs 20% by 2028

Volkswagen plans 20% cost cuts by 2028 to tackle China slowdown, high costs and US tariffs; 35,000 German jobs to go by 2030.

Tue, 17 Feb 2026 06:30:07 GMT

People's Bank of China Expands Oversight of Major Banks

China added China Zheshang Bank to its systemically important banks list, raising total to 21, as regulators tighten scrutiny over property-sector debt risks.

Tue, 17 Feb 2026 03:30:10 GMT

Lloyds Banking Group Probes Staff Data Use in Pay Talks

CEO Charlie Nunn says the bank is reviewing its use of 30,000 employees' account data in union pay talks after privacy concerns and inquiries by Information Commissioner's Office.

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