News

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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.

Mon, 17 Nov 2025 09:35:05 GMT

Nissan to Cut 87 Jobs in Europe

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.

Mon, 17 Nov 2025 09:30:05 GMT

Stephen Curry Splits from Under Armour

Stephen Curry and Under Armour end their decade-long partnership; his Curry Brand, launched in 2020, will continue independently after the split.

Mon, 17 Nov 2025 06:30:05 GMT

Germany Forms China Trade Expert Panel

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.

Mon, 17 Nov 2025 03:30:05 GMT

Job Cuts Hit Swiss Machinery Maker

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.

Fri, 14 Nov 2025 21:30:04 GMT

Verizon to Slash 15,000 Jobs

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.

Fri, 14 Nov 2025 18:30:10 GMT

iPhone 17 Sales Surge in China

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.

Fri, 14 Nov 2025 15:30:06 GMT

Banks Seek Dismissal of Epstein-Related Lawsuits

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.

Fri, 14 Nov 2025 12:30:10 GMT

JPMorgan Expands in Dubai

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.

Fri, 14 Nov 2025 09:30:05 GMT

Allianz Reports Strong Q3 Earnings

Allianz's Q3 net profit rose 15% to €2.85B, beating forecasts and coming after the insurer raised its full-year outlook.

Fri, 14 Nov 2025 06:30:06 GMT

RTX Shifts Pension Obligations

RTX will take a $300M Q4 charge after transferring $2.5B in pension obligations for 60,000 retirees to Prudential through an annuity buyout.

Fri, 14 Nov 2025 03:30:12 GMT

Burberry Q2 rebounds

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.

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