News

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Fri, 25 Sep 2026 18:30:05 GMT

Meta Approaches $2 Trillion Valuation in Best Monthly Stock Rally Since 2013

Meta Platforms shares have surged 36% in September, putting the company on pace for its best monthly performance in over 13 years and nearing a $2 trillion market capitalization.

Fri, 25 Sep 2026 15:30:07 GMT

Akamai Inks $11.6 Billion Anthropic Cloud Deal

Akamai Technologies signed an $11.6 billion, seven-year cloud services agreement with Anthropic on Thursday and granted warrants allowing the AI firm to acquire up to a 5% equity stake.

Fri, 25 Sep 2026 12:30:05 GMT

Oracle AI Center Debt Slips to Stressed Levels

Around $18B in loans for an Oracle-leased New Mexico data center fell to 89–91 cents on the dollar amid local pushback and delays.

Fri, 25 Sep 2026 09:30:05 GMT

McDonald's Unveils $8.5 Billion Turnaround Plan

McDonald's announced on Wednesday that it will invest $8.5 billion by 2036 in a multiyear revitalization plan called "Next," committing roughly $5 billion over the next three and a half years to capital support and franchise rent relief. The sweeping initiative focuses on overhauling dining rooms every decade, installing artificial intelligence tools in kitchens to boost operational efficiency, and launching

Fri, 25 Sep 2026 07:10:06 GMT

Starbucks to Shut 250 North American Stores in Ongoing Turnaround

Starbucks announced plans on Thursday to close 250 underperforming coffeehouses across the United States and Canada this week, representing roughly 1% of its North American footprint. Chief Executive Brian Niccol accelerates his operational turnaround to weed out unprofitable locations while remodeling remaining stores.

Thu, 24 Sep 2026 18:30:04 GMT

Santander and Volvo Sue BMW in High Court Over Disputed Car Finance Deals

Santander and Volvo Financial Services are taking BMW to the UK High Court over claims that collapsed London car dealerships unlawfully resold the same luxury vehicles to BMW, alleging BMW wrongfully retained the cars,

Thu, 24 Sep 2026 15:30:06 GMT

DHL Express and Singapore Airlines Extend Boeing 777 Freighter Pact

DHL Express and Singapore Airlines have renewed their crew and maintenance partnership for five Boeing 777 freighters based at Singapore Changi Airport, keeping SIA pilots and engineers in charge of operating and maintaining the aircraft to bolster express cargo connectivity between Asia-Pacific and the United States.

Thu, 24 Sep 2026 12:30:04 GMT

Deutsche Bank to Leverage AI as Retirements Loom Over Workforce

Deutsche Bank plans to deploy artificial intelligence to counter an impending demographic crunch, with CEO Christian Sewing viewing automation as essential to absorb the workload as tens of thousands of employees, amounting to roughly 35% of staff, reach retirement age in the coming years.

Thu, 24 Sep 2026 09:30:04 GMT

Bayer Raises €2 Billion in Oversubscribed Hybrid Bond Offering

Bayer AG raised €2 billion through a two-tranche hybrid bond issue with coupons of 5.75% and 6.25%, capitalizing on strong investor demand to expand its outstanding hybrid debt to €6.55 billion as easing glyphosate legal uncertainties and stabilizing crop science operations strengthen its balance sheet flexibility.

Thu, 24 Sep 2026 07:10:04 GMT

Ryanair Threatens UK Capacity Cuts

Ryanair Chief Executive Michael O'Leary warned on Wednesday that the budget carrier will slash UK flight capacity if the government proceeds with plans allowing local mayors to introduce hotel tourist levies alongside existing Air Passenger Duty, accusing ministers of imposing a damaging "double tax" on visitors.

Thu, 24 Sep 2026 06:57:35 GMT

OECD Trims UK 2027 Growth Outlook

The OECD cut its 2027 UK growth forecast to 1.0% as high rates and Middle East conflict drag, while lifting its 2026 outlook to 1.1%.

Thu, 24 Sep 2026 06:50:05 GMT

SoftBank Launches Record $11.1 Billion Junk Bond Sale to Finance OpenAI Stake

SoftBank Group is issuing $11.1 billion in dollar- and euro-denominated debt in the world's largest high-yield corporate bond offering on record, paying yields of up to 9.75% to fund its massive $64.6 billion commitment to OpenAI.

Wed, 23 Sep 2026 21:30:07 GMT

South Korea's Lee Rules Out Combat Deployment in Strait of Hormuz

South Korean President Lee Jae Myung has ruled out deploying combat troops or military assets to the Strait of Hormuz that could draw the nation into the U.S.-Iran conflict, seeking to balance domestic opposition and Iranian warnings against mounting alliance pressure from Washington to support Middle East maritime security operations.

Wed, 23 Sep 2026 18:30:05 GMT

China Reviews Broadcom Switch Use in State Data Centers

China's state assets regulator has surveyed the deployment of Broadcom switches across state-backed data center.

Wed, 23 Sep 2026 15:30:05 GMT

Novo Nordisk Open to Direct New York Listing

Novo Nordisk is open to evaluating a direct New York Stock Exchange listing to replace its American depositary receipts.

Wed, 23 Sep 2026 12:30:08 GMT

Dassault Tests AI Algorithms on Rafale

Dassault Aviation has flight-tested two AI algorithms on its Rafale fighter to assist crews in future combat upgrades.

Wed, 23 Sep 2026 10:45:04 GMT

Investors Straddle U.S.-China AI Divide Ahead of Trump-Xi Summit

Global investors and Wall Street banks are increasingly hedging across geopolitical lines by underwriting Chinese tech listings and channeling mainland capital into U.S. chipmakers.

Wed, 23 Sep 2026 09:30:04 GMT

Anthropic Unveils Claude Opus 5.5 Model Ahead of IPO

Anthropic on Tuesday released Claude Opus 5.5, a cheaper and faster artificial intelligence model designed to handle business tasks with performance on par with its higher-tier Fable 5.1 offering, advancing the startup's product lineup as it prepares for an initial public offering on Wall Street.

Wed, 23 Sep 2026 07:00:07 GMT

VinSpeed Signs €1 Billion High-Speed Rail Contract With Siemens Mobility

VinSpeed signed a turnkey contract worth up to €1 billion with Siemens Mobility to supply 10 Velaro Novo high-speed trains alongside electrification and signaling systems for Vietnam's Hanoi–Quang Ninh and Ben Thanh–Can Gio routes, marking the world's first deployment of ATO over ETCS Level 2 on a rail network.

Tue, 22 Sep 2026 18:30:04 GMT

BMW CEO Backs Price Accords Over Tariffs to Counter Cheap Chinese Cars

BMW CEO Milan Nedeljkovic has urged the European Union to pursue voluntary pricing agreements rather than impose additional import tariffs to tackle the influx of low-cost Chinese vehicles.

Tue, 22 Sep 2026 15:30:07 GMT

Alibaba Shares Surge on New AI Chip, Model

Alibaba jumped 5% after unveiling its Zhenwu V900 AI processor and announcing plans for models with up to 10 trillion parameters.

Tue, 22 Sep 2026 12:30:08 GMT

AMD Touches $1 Trillion Market Cap

Advanced Micro Devices briefly touched a $1 trillion market capitalization on Monday after its stock surged over 8% to peak at $615.99, joining Nvidia, Broadcom, and Micron as the fourth U.S.

Tue, 22 Sep 2026 09:30:05 GMT

Meta Shares Surge to 11-Month High

Meta Platforms shares jumped over 11% to reach an 11-month high following the rapid consumer adoption of its newly launched artificial intelligence assistant.

Tue, 22 Sep 2026 07:07:26 GMT

Novo Nordisk Shares Tumble as Long-Term Revenue Targets Disappoint

Shares in Novo Nordisk plunged nearly 8% to close at 260 Danish kroner on Monday, hitting their lowest level since April after the Danish drugmaker's capital markets day presentation failed to reassure investors over its mid-term growth outlook. Despite showcasing positive Phase 3 trial data for its next-generation obesity and diabetes treatment Cagrisema, which achieved greater weight loss than Eli

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