Latest Articles
Unicaja First-Half Profit Rises 7% on Lending Surge, Lifts Payout Target to 95%
Spanish bank Unicaja posted a 7.1% increase in H1 net profit to €361 million, fueled by a jump in mortgage and business ...
Spanish Banks Post Record €20.2 Billion H1 Profit, Defying Expectations
Spain’s six largest listed lenders earned a combined €20.16 billion in the first half, up 18%, powered by resilient marg...
Spanish Fintech Reental Closes €1.4M Round to Scale Tokenized Real Estate
The blockchain-based platform secures funding from Akka, Monte Bianco and others, aiming to open property investing to g...
Zepto IPO Valuation Reset Drives Swiggy, Eternal to Strongest Monthly Gains as Funding Gap Widens
Swiggy and Eternal shares are heading for their best month in years after Zepto’s IPO valuation slumped to $2.5–3 billio...
Siemens Healthineers Cuts Sales Forecast Again, Lifts EPS on Tariff Refund
The medical technology group lowered its full-year comparable revenue growth target to 3.5-4% after a steep diagnostics ...
Astra Microwave Hits Record High on ₹2,205 Crore HAL Order for Uttam Radar
The defence electronics firm secured a major contract for anti-aircraft auxiliary units and interface frames, with execu...
China's BCI Companies Move From Lab to Market as First Invasive Device Wins Approval
With the world's first regulatory approval for an invasive brain-computer interface and early clinical deployments, Chin...
Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts
Amazon Q2 profit surged to $62.65 billion and revenue rose 20%, but soaring memory chip prices pushed annual capex guida...
Netflix Sued for $105M Over Lost Copy of Nicholas Cage's 'Fortitude'
Producers of WWII thriller 'Fortitude' claim the streamer's negligence after a hard drive theft at its LA office ruined ...
Tesla Explores Selling China Unit to Clear Path for SpaceX Tie-Up
The electric-car maker faces geopolitical headwinds in its second-largest market; a potential transaction could reshape ...
LG's Sustainability Report Echoes UAE's AI and Net Zero Push with Hard Data
LG Electronics' 2025–2026 report reveals a 22.5% carbon reduction per product, 97.3% waste recycling, and new Responsibl...
Thermax Plunges 16% as Q1 Profit Collapses on Project Cost Overrun
Thermax shares tumbled over 16% after an 85% plunge in June quarter profit, driven by a ₹91 crore cost overrun on a sing...
Air France-KLM Offsets 85% of Fuel Cost Surge Through Fare Hikes and Premium Pricing
The Franco-Dutch carrier spent €800m on jet fuel in Q2 alone, yet strong pricing power—especially in premium cabins—help...
FirstHoldCo commits to 60% dividend payout to reward shareholders and signal turnaround
First HoldCo Plc will distribute at least 60% of annual profit after tax as dividends, a policy shift reflecting Chairma...
EFKO Chairman Arrested Over Alleged 8.6 Billion Ruble Embezzlement in State Drone Subsidies
Valery Kustov, majority owner of agro-industrial group EFKO, and several top managers have been detained on accusations ...
UEFA Nations Vote to Boycott FIFA World Cups Over $1B Investor Rights Sale
European football federations threaten to pull out of the 2030 men’s and 2027 women’s World Cups, putting FIFA’s multi-b...
Lloyds Unveils £13bn AI-Powered Strategy as Insurance Arm Profits Surge 70%
Lloyds Banking Group launched its Accelerate 2030 strategy with a £13bn tech investment, as Scottish Widows’ profit jump...
Adidas's Record $7.7B Quarter Turns Sour as $1B Marketing Splurge Hits Profit
Adidas posted its highest ever quarterly sales, fueled by a $1 billion World Cup marketing blitz, but a 30% surge in spe...
Why Advertising Holdcos Are Treating AI Compute Tokens Like Media Inventory
Facing mounting AI infrastructure costs, holding companies are bundling bulk token purchases into principal media contra...
L'Oréal Becomes Exclusive Beauty Partner of Plenitude Arena in a Two-Year Brand Push
The French cosmetics giant will activate its 40-brand portfolio at Europe's largest indoor venue through immersive exper...
Shein’s Hong Kong IPO Filing Exposes Collapsing Growth, Soaring Costs and a Fading Fast-Fashion Model
The fast-fashion giant’s prospectus reveals an 8% revenue crawl, plunging ARPU and AOV, and a cost structure under siege...
Zhejiang Regulator Forces Shenqqu Stakeholders to Complete Profit Compensation
Shanghai Yaoruri and Yiyusheng Haver Not Honoured Share Compensation Awards after Shenqqu Tech's 2020 Profit Shortfall, ...
AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts
Investors are no longer rewarding AI ambition with blind capital. As Alphabet, Tesla and Intel report, the market demand...
Apple Slides After Chip Shortage Hits Sales Forecast, Posing Early Test for Incoming CEO Ternus
Apple’s weak sales outlook, driven by component shortages and rising memory costs, sent shares down 6% after hours. With...
Changcheng Precision Returns to IPO With Shrinking Margins and an Ambitious Expansion Bet
Three-time domestic champion in niche bearings pivots to ChiNext, but slipping margins, overseas losses, and a capacity ...
Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn
Amazon shares surged after Q2 revenue topped estimates and AWS growth accelerated to 37%. But free cash flow turned nega...
Vale Profit Falls 35% as Derivatives Hit Overshadows Surging Copper and Iron Ore Volumes
Vale’s Q2 net profit missed estimates on mark-to-market derivative losses and tax charges, but the miner raised copper a...
Zuckerberg's Emotional Video Fails to Reassure Investors as Meta Profit Slumps and Stock Tumbles
Meta's quarterly profit plunged and spending surged, driving a sharp stock selloff. CEO Mark Zuckerberg launched a perso...
Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High
AWS revenue surged 37% to $42.2bn, lifting Amazon’s overall sales to $200.6bn. Strong AI demand and Anthropic stake boos...
SK Hynix Wins 100% Buy Ratings on Wall Street as ADR Debut Lags Seoul Shares
Six banks initiated coverage with buy ratings and an average 75% upside target, while Barclays outlines a share buyback ...