News

Note: This section contains information in English only.
Wed, 30 Jul 2025 18:30:05 GMT

OpenAI in Fundraising Talks

OpenAI is reportedly in discussions to raise funds at a valuation of £115 billion, signaling continued strong investor interest in the AI sector.

Wed, 30 Jul 2025 15:30:04 GMT

Musk to Remain Tesla CEO

Elon Musk has stated that he will still be the CEO of Tesla in five years' time, providing some clarity on his long-term role at the company.

Wed, 30 Jul 2025 12:30:06 GMT

Mars to Invest $2 Billion in US

Candy giant Mars has announced plans to invest an additional $2 billion in its U.S. manufacturing facilities through 2026.

Wed, 30 Jul 2025 09:30:05 GMT

BP Shares Rise on Takeover Rumors

Shares in BP have risen following reports that Shell is considering a takeover offer for the British oil and gas giant.

Wed, 30 Jul 2025 06:30:04 GMT

Alphabet Provides Strong Earnings Report

Alphabet's second-quarter results surpassed Wall Street estimates, with earnings at $2.31 per share and revenue reaching $96.43 billion, exceeding forecasts.

Wed, 30 Jul 2025 03:30:05 GMT

UK Market Overtakes France

The UK has reclaimed its position as Europe's largest stock market, surpassing France as political uncertainty has impacted French equities.

Tue, 29 Jul 2025 18:30:05 GMT

Citi to invest resources in private form research

Citi will now cover top private firms like OpenAI and SpaceX, offering insights without ratings, as private valuations rival public market giants.

Tue, 29 Jul 2025 15:30:05 GMT

Sticky inflation means rates stay where they are

Fed unlikely to cut rates soon as inflation remains sticky; markets adjust expectations on future monetary policy.

Tue, 29 Jul 2025 12:30:13 GMT

Trade truce in Stockholm

US-China tariff truce talks in Stockholm aim to extend ceasefire, paving way for potential Trump-Xi meeting.

Tue, 29 Jul 2025 09:30:05 GMT

Luxury under pressure

Luxury brands like LVMH avoided the worst in the EU-U.S. trade deal, but weak demand now challenges their profit-driving price hikes.

Tue, 29 Jul 2025 06:30:08 GMT

Coffee growers want to escape tarrifs

Brazilian coffee growers hope to avoid new U.S. tariffs set to rise from 10% to 50% on August 1, after Trump's announcement earlier this month.

Tue, 29 Jul 2025 03:30:04 GMT

Oil price rises on Trump comments

Oil rose as Trump shortened Russia's Ukraine truce deadline, adding to gains from a US-EU deal on $750B in American energy purchases. Brent neared $70.

Mon, 28 Jul 2025 21:30:05 GMT

Tesla to have Samsung chips

Elon Musk says Tesla signed $16.5B chip deal with Samsung; move boosts Samsung's struggling chip unit. Shares surged 6.8%, hitting highest since Sept 2024.

Mon, 28 Jul 2025 18:30:04 GMT

VW premium brand cuts outlook

Audi cuts 2025 outlook, citing higher U.S. tariffs and restructuring. Revenue now seen at €65–70B, with margins trimmed to 5–7% from earlier 7–9% forecast.

Mon, 28 Jul 2025 15:30:06 GMT

15% Tariff rate on EU

Von der Leyen calls US-EU trade deal "best we could get," noting it avoids looming 30% tariffs; most EU goods will face a 15% US tariff, including cars and chips.

Mon, 28 Jul 2025 12:30:06 GMT

Euro and U.S. to have a trade deal

Euro and U.S. futures climb after trade deal clarity eased market fears, boosting S&P 500 e‑minis and investor sentiment

Mon, 28 Jul 2025 09:30:06 GMT

Valeo shares fall

Valeo shares dropped 16% after cutting its 2024 sales forecast by €1B, citing a weaker dollar and falling global car sales.

Mon, 28 Jul 2025 06:30:05 GMT

Meta to halt social ads

Meta will halt political and social issue ads in the EU from October, citing legal uncertainty over new EU rules, following a similar move by Google.

Mon, 28 Jul 2025 03:30:05 GMT

Puma falls

Puma shares fell 16% after warning of an annual loss, citing weak sales, U.S. tariffs, and poor demand for retro sneakers like the Speedcat.

Fri, 25 Jul 2025 21:30:03 GMT

Tariffs take toll on VW

VW took a €1.3B hit from tariffs and cut 2025 forecasts as U.S. trade tensions, China competition, and EV rules weigh on European carmakers.

Fri, 25 Jul 2025 18:30:05 GMT

Paramount-Skydance merges

US regulators approve $8.4B Paramount-Skydance merger, giving David Ellison control of CBS, Paramount Pictures, and Nickelodeon amid press freedom concerns.

Fri, 25 Jul 2025 15:30:10 GMT

BT brings in new first female CEO

BT names Patricia Cobian as first female CFO as it pushes ahead with £3 billion in cost savings and accelerates full fibre broadband rollout by 2030

Fri, 25 Jul 2025 12:30:04 GMT

New factory for LVMH in Texas

LVMH's CEO reveals new Texas factory as group expects 'good outcome' from EU‑US tariff talks — Expansion plan and optimism about EU‑US negotiations

Fri, 25 Jul 2025 09:30:05 GMT

Rio Tinto to sell a business unit

Rio Tinto may sell its titanium unit amid weak prices and low returns, as incoming CEO Simon Trott considers a restructuring of the mining giant.

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