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Spain's ACS and BlackRock's Global Infrastructure Partners form a 50-50 joint venture to develop a 1.7 GW, €2B data centre portfolio, giving ACS €100M gain.
Michael Burry, famed for his 2008 housing market bets, is closing Scion Asset Management and will return investor capital by year-end, barring small holdbacks.
Sterling fell against the dollar and euro after reports that the UK budget will not include expected income tax rises, hitting its highest vs. euro since April 2023.
U.S. airlines canceled far fewer flights Friday than the 6% requirement, with only 1.4% canceled, after the FAA froze mandatory flight cuts.
The DRC has produced its first traceable artisanal cobalt, marking a key step in formalizing the sector that supplies much of the world's battery metal.
A judge let X Corp's lawsuit against Apple and OpenAI move forward, rejecting dismissal bids in a case accusing them of monopolizing smartphone and AI markets.
The White House is considering a 50-year mortgage to ease home affordability, but experts warn it won't solve core issues like supply shortages and high rates.
The average full-time salary in the EU rose in 2024, with the highest pay in Luxembourg, Denmark, and Ireland, and the lowest in Bulgaria, Greece, and Hungary.
Siemens reported record 2025 profit of €10.4B and all-time high cash flow of €10.8B, beating expectations and raising its dividend amid strong demand.
China's factory output and retail sales grew at their slowest pace in over a year in October, raising pressure to boost the $19T export-driven economy.
The Walt Disney Company reported $94.4 billion in revenue for fiscal year 2025, up 3% from last year, with fourth-quarter revenue of $22.46 billion, similar to the previous year. Income before taxes rose to $12 billion for the year, up 59%, and doubled in the fourth quarter to $2.05 billion. Full-year earnings per share were $6.85, up from $2.72, and
XAU/USD is in a very strong, long-term uptrend. Recently, the price hit an all-time high near 4380 but was rejected. It has now pulled back to around 4169. The most recent weekly candle is small, showing indecision between buyers and sellers. The RSI indicator is in the "overbought" zone, which suggests the rally is extended and could be due for a pause
Nissan will cut 87 positions at its European office in France as part of a 15% global headcount reduction under CEO Ivan Espinosa's restructuring plan.
Stephen Curry and Under Armour end their decade-long partnership; his Curry Brand, launched in 2020, will continue independently after the split.
Germany's parliament set up a commission to rethink China trade policy, aiming for actionable steps to reduce risks after Beijing's rare earth export curbs.
Longtime worker Norbert Steuer is among 80 of 105 staff cut as Swiss machinery maker K.R. Pfiffner is hit by U.S. tariffs and a weak auto market.
Verizon's new CEO plans to cut 15,000 U.S. jobs, its largest-ever layoffs, as the telecom faces rising competition and a shrinking customer base.
iPhone sales in China jumped 22% after the iPhone 17 launch, with the new series making up nearly 80% of units sold despite a softening market.
Bank of America and BNY Mellon asked a judge to dismiss suits claiming they aided Jeffrey Epstein by ignoring warnings about his sex-trafficking activities.
BTC/USD shows a strongly bearish overall trend. This is evident from the clear pattern of lower highs and lower lows, with the price trading significantly below the downward-sloping 60-period Simple Moving Average (SMA), which currently sits around 111565.4. This SMA will likely act as dynamic resistance. The price has recently experienced a sharp decline, decisively breaking below the former support
JPMorgan has grown its Dubai operations to boost business with mid-sized firms in the Middle East, challenging rivals and considering further expansion in Turkey.
Allianz's Q3 net profit rose 15% to €2.85B, beating forecasts and coming after the insurer raised its full-year outlook.
RTX will take a $300M Q4 charge after transferring $2.5B in pension obligations for 60,000 retirees to Prudential through an annuity buyout.
Burberry returned to growth with Q2 sales up 2%, its first rise in two years, driven by a China rebound and CEO Joshua Schulman's new focus on outerwear and scarves.