Latest Articles
Chilean Prosecutor Targets Money Laundering in Azul Azul Takeover as Sartor Case Widens
The public prosecutor’s office alleges funds used to finance the purchase of control of football club Universidad de Chi...
Teleperformance Makes H1 2026 Financial Report Available
The French digital business services group has filed its half-year financial report with the AMF, giving investors a det...
Meta Reveals $279 Billion in Future Data Center Leases as AI Buildout Accelerates
Meta disclosed $278.99 billion in new lease obligations for AI data centers, a 53% jump from last quarter, signalling an...
Puig Posts 4.4% Profit Drop to €263M After Estée Lauder Merger Talks Fail, Sales Up 2.4%
The Spanish beauty group’s adjusted net profit rose 5.2%, driven by fragrance strength and exceptional 20.9% sales growt...
Anglo American’s Profits Surge to $4 Billion as Copper Strategy Pays Off
A sharp rise in copper earnings drives Anglo American’s profits 35% higher, validating its restructuring pivot and boost...
Universal Music Q2 Revenue Beats as Streaming Growth Jumps 15.4%, But EBITDA Slips
Universal Music Group's subscription and streaming revenue surged back to double-digit growth, yet margins dipped slight...
Wildberries, Ozon Probe Durov-Themed Goods After Terrorist Designation
Russia's leading e-commerce platforms launched internal reviews of merchandise linked to Pavel Durov, hours after the fi...
Shell Eyes Pearl GTL Restart by Q1 2027 as Best Profit in Four Years Bolsters Resilience
Shell expects its damaged Pearl gas-to-liquids plant in Qatar to resume output by end-March 2027, provided Strait of Hor...
Adidas Shares Plunge Nearly 20% as World Cup Marketing Overspend Erases Profit Beat
Record football-linked marketing costs cause the biggest intraday drop on record for Adidas, despite surging sales and a...
Tata Power Breaks Ground on ₹5,750 Crore Wind-Solar Hybrid in Andhra Pradesh
The 800 MW project, combining 400 MW wind and 400 MW solar, will create 4,000 jobs and advance India’s clean energy tran...
Mastercard Posts Steady Growth as Consumer Spending Holds Up
Constant-currency net revenue rose 12%, purchase volume 10%, but rising client incentives squeezed gross margins. The wi...
Walmart vs. Amazon in Streaming TV Ads: How Their Strategies Differ
As the two largest retail media sellers, Walmart and Amazon are chasing streaming TV ad dollars with distinct data and p...
Blackstone's rapid overhaul of Jersey Mike's points to an IPO built for the long haul
Jersey Mike's goes public at a $7 billion valuation less than two years after Blackstone took control, bringing in a new...
Inside Jay Shetty’s $100 Million Spotify-Netflix Podcast Deal and His Plan for a ‘Conscious Empire’
The wellness creator signs a landmark $100 million cross-platform deal as video platforms bid for podcast talent, fuelin...
Ex-DOGE Staffers Join Polymarket and Novig as Prediction Markets Face Regulatory Heat
Former DOGE affiliates Mendelson and Mishory have taken key roles at prediction market platforms Polymarket and Novig, r...
Senior Base Metals Traders Jump Ship as Battle for Talent Intensifies
A wave of departures at Bank of America, JPMorgan, and Morgan Stanley highlights a fierce scramble for base metals exper...
Vedanta Spins Off Real Estate Into Vedanta Property Platforms; 20:1 Share Ratio, ₹30,000 Crore Opportunity
Vedanta will demerge its surplus land and property assets into a new pure-play real estate company. Shareholders receive...
Air France-KLM Absorbs Fuel Shock, Submits Bid for TAP Portugal as Lufthansa Joins Race
Air France-KLM's Q2 earnings beat expectations despite an €804 million fuel hit, as the airline bids for TAP Portugal al...
Aldous Bio Targets €100M Revenue by 2030 After Nazca Takes Control
Spanish supplement maker Aldous Bio has brought in private equity firm Nazca as majority shareholder, with a plan to qui...
Xbox Revenue Falls 7% Despite 200 Million New Users; CEO Sharma Pushes Price Hikes and Deep Cuts
Microsoft’s Xbox division added over 200 million new gamers in fiscal 2026 but saw revenue slide 7% as console hardware ...
Rolls-Royce Lifts Profit Outlook on Defence and AI Data Centre Boom
The British engineering group raised full-year profit guidance after first-half earnings jumped 46%, driven by surging d...
Grifols Appoints Former GSK Vaccines Executive to Board, Replacing Portobello Founder
Joanna Le Couilliard, a pharmaceutical veteran with deep vaccine and Asia-Pacific experience, joins Grifols as independe...
LSE Raises 2026 Outlook But Investors Dismiss Targets as Conservative
London Stock Exchange raised its margin and revenue guidance after strong first-half results, yet shares slid 4% as the ...
TC Energy Posts $987M Q2 Profit, Bets $400M on Data Center Gas Demand
Pipeline giant TC Energy reported a 18.5% jump in second-quarter net income to $987 million and approved two new expansi...
Vedanta's First Quarter After Split: Margin Expands, Debt Falls, Value Unlocked
Vedanta's Q1 FY27 profit rose to ₹5,294 crore despite a revenue dip, as EBITDA margin surged to 35.1% on record zinc and...
Grifols Appoints Former GSK Executive to Board, Replacing Long-Serving Director
Joanna Le Couilliard, a seasoned pharma executive, joins Grifols as an independent director and audit committee chair, s...
Santander’s TSB Integration to Cut 130 Jobs; Branch Closure Pledge Stands Until 2028
Santander UK will shed 130 roles at newly acquired TSB, representing 2.9% of its workforce, while its CEO reaffirms no b...
Elon Musk Sells X to xAI for $45B—The Data Play Behind the Deal
The self-deal merges X’s vast user data with xAI’s artificial intelligence ambitions, reshaping the competitive landscap...
AXIS Capital Taps McKinsey Veteran as Head of Technology & AI Strategy
AXIS Capital has appointed Rahil Jogani, a 16-year McKinsey partner, to lead its newly created technology and AI strateg...
CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director
CaixaBank shuffles its wealth leadership as assets surpass €200bn, with veteran banker Juan Llamas taking the helm and t...