News

Note: This section contains information in English only.
Tue, 23 Sep 2025 21:30:04 GMT

Turkey to buy Boeing planes

Turkey's Erdogan plans to buy Boeing and Lockheed jets, seeking $10B+ in local deals, pending approval from U.S. President Trump.

Tue, 23 Sep 2025 18:30:05 GMT

South Korea's President worries about the FX market

South Korea's President Lee said U.S. tariff talks raised FX market concerns but expressed confidence in finding a solution during a UN meeting in New York.

Tue, 23 Sep 2025 15:30:04 GMT

JPMorgan to discuss H-1B visa

JPMorgan will discuss Trump's proposed $100K H-1B visa fee with stakeholders. Tech firms warn visa holders to stay in or return quickly to the U.S.

Tue, 23 Sep 2025 12:30:07 GMT

Nvidia to invest in Open AI

Nvidia will invest up to $100B in OpenAI and supply it with chips, deepening ties between two AI giants and giving Nvidia a stake in its key customer.

Tue, 23 Sep 2025 06:30:04 GMT

BP stops biofuel projects

BP has halted work on its Rotterdam biofuels plant amid weak demand, shifting focus back to oil and gas after poor returns from its earlier renewables push.

Tue, 23 Sep 2025 03:30:04 GMT

SAP offers concessions

SAP has offered concessions to address EU antitrust concerns and avoid a probe over its business practices in the enterprise software market.

Mon, 22 Sep 2025 21:30:03 GMT

Oil rises

Oil prices rose on Monday, supported by geopolitical tensions, but gains were capped by the prospect of more supply and trade tariff concerns.

Mon, 22 Sep 2025 18:30:04 GMT

Pfizer to acquire another weight loss drug developer

Pfizer is reportedly nearing a $7.3 billion deal to acquire weight-loss drug developer Metsera, with an announcement possible as soon as Monday.

Mon, 22 Sep 2025 15:30:04 GMT

Ericsson wins $1.33 billion contract

Ericsson has won an 8-year, $1.33 billion deal to supply 5G equipment to the newly merged VodafoneThree UK mobile network.

Mon, 22 Sep 2025 12:30:10 GMT

Nvidia launches AI research lab in Middle East

Abu Dhabi's TII and Nvidia have partnered to launch the Middle East's first joint AI research lab, focusing on next-gen AI models and robotics.

Mon, 22 Sep 2025 09:30:10 GMT

New bill passing would end government shutdowns

Republicans aim to pass a stopgap bill to avoid an Oct. 1 shutdown, funding the gov't through Nov. 21 and adding $88M for officials' security after Charlie Kirk's killing.

Mon, 22 Sep 2025 06:30:06 GMT

BlackRock and Vanguard decrease meeting times

BlackRock and Vanguard cut CEO meetings after SEC guidance limited talks on climate and diversity, reducing investor input and raising risk of surprise votes.

Mon, 22 Sep 2025 03:30:07 GMT

Nvidia invests in Intel

Nvidia's $5B Intel investment boosts U.S. chip ties, easing scrutiny on Asian rivals like TSMC, but may raise competition long-term with joint chip development.

Fri, 19 Sep 2025 21:30:04 GMT

China's demand for Apple is still strong

Hundreds lined up at Apple's Beijing store as iPhone 17 launched. The Pro Max, starting at ¥9,999, drew most buyers and is expected to be the top seller.

Fri, 19 Sep 2025 18:30:05 GMT

SoftBank to cut staff

SoftBank will cut 20% of Vision Fund staff to focus on U.S. AI bets, despite strong gains from Nvidia and Coupang in its best quarter since June 2021.

Fri, 19 Sep 2025 15:30:05 GMT

Ford recalls 100,000 Taurus cars

Ford is recalling over 100,000 Taurus cars in the U.S. due to a defect that could cause door trim to detach while driving, the NHTSA said on Friday.

Fri, 19 Sep 2025 12:30:05 GMT

Power projects to increase

The Trump administration moves to speed up power projects as AI drives demand, urging fossil fuel plants to stay open and seeking input on energy needs and plans.

Fri, 19 Sep 2025 09:30:04 GMT

FedEx beats estimates

FedEx beat profit and revenue estimates as U.S. deliveries and cost cuts offset weak global volumes after low-value import tax breaks ended. Shares rose 5.5%.

Fri, 19 Sep 2025 06:30:04 GMT

Microsoft to build a second data center

Microsoft will build a second AI data center in Wisconsin, boosting its investment to over $7B. The project will create up to 800 jobs once fully completed.

Fri, 19 Sep 2025 03:30:05 GMT

U.S. Treasury Secretary Scott to have a possible seat in the IMF

The IMF has proposed Dan Katz, chief of staff to U.S. Treasury Secretary Scott Bessent, for the fund's No. 2 role.

Thu, 18 Sep 2025 21:30:04 GMT

Nestlé to emphasize on consumerism

New Nestlé chair Pablo Isla, ex-Zara CEO, brings e-commerce and trend expertise to revamp the brand, aiming to boost appeal with younger consumers.

Thu, 18 Sep 2025 18:30:04 GMT

U.S. mixes up trade partner dependency

A study shows the U.S. now relies more on EU imports than China, with over 3,100 product groups sourcing 50%+ from the EU—up from 2,600 in 2010.

Thu, 18 Sep 2025 15:30:04 GMT

Disney settles

A judge approved Disney's $233M settlement with over 51,000 Disneyland workers who claimed they were denied a living wage. The deal was called fair and reasonable.

Thu, 18 Sep 2025 12:30:10 GMT

SoftBank delays OpenAI joint venture

SoftBank's joint venture with OpenAI in Japan is delayed. It was planned for this summer, but setup is slow. An update is expected in November, per a source.

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