News

Note: This section contains information in English only.
Thu, 20 Nov 2025 15:30:09 GMT

Saudi–U.S. Investment Ties Grow

Saudi and U.S. officials highlighted billions in new investments as Crown Prince Mohammed bin Salman visited Washington, vowing to boost U.S. investments to $1T.

Thu, 20 Nov 2025 14:10:06 GMT

Verizon Plans 13,000 Job Cuts

Verizon will cut over 13,000 jobs in its biggest layoff, shift 179 company stores to franchises, and close one location to reduce costs.

Thu, 20 Nov 2025 12:30:05 GMT

HSBC Names New Australia & NZ CEO

HSBC appointed Steve Hughes as CEO for Australia and New Zealand starting Jan 2026. Hughes joined in 2015 and currently leads the region's wholesale banking.

Thu, 20 Nov 2025 09:35:04 GMT

Nvidia Eases AI-Bubble Fears with Strong Earnings

Nvidia CEO Jensen Huang dismissed AI-bubble fears as the company beat expectations with strong Q3 results and a bullish Q4 outlook, easing investor concerns.

Thu, 20 Nov 2025 09:30:05 GMT

Target Sales Drop as Retailer Plans $1B Turnaround Investment

Target saw a larger-than-expected drop in sales as consumers cut back on non-essentials. It plans a $1B investment in 2026 for new stores, remodels, and digital upgrades.

Thu, 20 Nov 2025 06:30:07 GMT

Ford Recalls 229K Broncos

Ford is recalling 229,609 U.S. Broncos over faulty instrument displays. Dealers or OTA updates will fix the software issue at no cost.

Thu, 20 Nov 2025 03:30:05 GMT

Nvidia Shift May Spike Memory Prices

Nvidia's move to use phone-style memory in AI servers could double server-memory prices by 2026 as suppliers shift output, causing legacy chip shortages.

Wed, 19 Nov 2025 21:30:04 GMT

Exxon, Chevron Eye Lukoil Assets

Exxon and Chevron are exploring options to buy Lukoil's international assets in Kazakhstan, where all three hold stakes in key oil fields.

Wed, 19 Nov 2025 18:30:05 GMT

Tesla Gets Arizona Ride-Hailing Permit

Tesla received approval to run a ride-hailing service in Arizona, advancing its robotaxi plans after launching monitored services in Austin and the Bay Area.

Wed, 19 Nov 2025 15:30:07 GMT

WBD Seeks Better Deal

WBD's board wants Paramount Skydance to raise its $23.5-per-share bid to about $30. The current offer is 80% cash and 20% stock, Axios reported.

Wed, 19 Nov 2025 12:30:11 GMT

UK Inflation Eases

UK inflation dipped to 3.6% in October from 3.8%, its first drop since May, offering relief to the government and Bank of England as expected by economists.

Wed, 19 Nov 2025 09:30:04 GMT

Meta Wins Antitrust Fight

Meta beat a U.S. bid to unwind its Instagram and WhatsApp deals, as a judge ruled it isn't a social-media monopoly—handing Big Tech a major antitrust victory.

Wed, 19 Nov 2025 07:10:06 GMT

Tech Leaders Talk AI

Musk and Huang to discuss AI progress at U.S.-Saudi investment forum in Washington, focusing on tech advances and future architectures.

Wed, 19 Nov 2025 03:30:05 GMT

Novo Nordisk Foundation Tightens Control

Novo Nordisk's top shareholder forced a board overhaul, giving the Foundation greater control and prompting investor concerns over governance.

Tue, 18 Nov 2025 18:30:08 GMT

ACS, BlackRock Form Data Centre JV

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.

Tue, 18 Nov 2025 15:30:05 GMT

Michael Burry to Close Hedge Fund

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.

Tue, 18 Nov 2025 12:30:05 GMT

Sterling Drops on UK Budget News

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.

Tue, 18 Nov 2025 09:30:05 GMT

U.S. Airlines Cut Fewer Flights Than Required

U.S. airlines canceled far fewer flights Friday than the 6% requirement, with only 1.4% canceled, after the FAA froze mandatory flight cuts.

Tue, 18 Nov 2025 06:30:07 GMT

DRC Produces First Traceable Artisanal Cobalt

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.

Tue, 18 Nov 2025 03:30:06 GMT

Judge Lets X Corp Lawsuit Proceed

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.

Mon, 17 Nov 2025 21:30:05 GMT

White House Weighs 50-Year Mortgage Plan

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.

Mon, 17 Nov 2025 18:30:06 GMT

EU Average Salary Sees Growth

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.

Mon, 17 Nov 2025 15:30:04 GMT

Siemens Posts Strong Results, Raises Dividend

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.

Mon, 17 Nov 2025 12:30:03 GMT

China's Factory and Retail Growth Slows

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.

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