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Jane Street Takes $15 Billion July Loss on AI-Focused Situational Awareness and Tech Selloff
Wall Street market maker Jane Street booked a $15 billion July loss after AI-heavy positions, including its stake in Sit...
Meloni Presses Intesa to Keep Monte dei Paschi Whole in €36bn Bid
Prime Minister Giorgia Meloni says Monte dei Paschi should not be dismantled in Intesa Sanpaolo's €36bn unsolicited bid,...
Selena Gomez's Wondermind Sued by Investors Over Alleged Securities Fraud
Investors who put nearly $1.2 million into Wondermind accuse Selena Gomez, mother Mandy Teefey and co-founder Daniella P...
Disney Announces Oswald the Lucky Rabbit Series for 2027, Plus New Pixar Slate
The studio will revive Walt Disney's pre-Mickey character in a 2D miniseries, while Pixar confirms new originals and seq...
Jennifer Garner Keeps Once Upon A Farm Focused on Retail and WIC After NYSE Debut
The actress and co-founder says she ignores the stock price and is steering the organic kids' brand toward retail relati...
Palantir, ServiceNow and Toast: The AI Survivors Built on Execution
Palantir, ServiceNow and Toast share a common edge: they convert AI intelligence into governed decisions, workflows and ...
West Africa: Five Entrepreneurs Turning Local Gaps Into Businesses
From Ghanaian appliance retail to Nigerian gyms and Ivorian cashew processing, these founders are building ventures arou...
Paris Court Narrows Corporate Control Test in Vivendi Minority Shareholder Case
The Paris Court of Appeal has ruled that Vincent Bolloré does not control Vivendi despite a near-30% stake and deep mana...
Investors Sue Selena Gomez and Wondermind Co-Founders Over Alleged Securities Fraud
Two investment entities claim Wondermind misled them about partnerships, revenue and Gomez's role, then used their nearl...
Bezos-Led Consortium Buys About 30% Stake in Liverpool FC at $7.4 Billion Valuation
Jeff Bezos, Eduardo Saverin and the Mittal family have agreed to buy a minority share of Liverpool from Fenway Sports Gr...
BADEA Signs €35m First Private-Sector Loan with Angola's Omatapalo
The Arab Bank for Economic Development in Africa has signed a €35m loan with Angola's Omatapalo to fund construction equ...
YouTube Extends CTV Ad Lead as Disney and Paramount Mergers Loom
Digiday+ research finds YouTube again leads ad-supported streaming placements and budgets, while Disney and Paramount me...
Slovakia’s New Business Register Law Brings Name Reservations and Higher Setup Costs
From 17 August 2026, founders in Slovakia can reserve a company name before incorporation, but mandatory notary or advoc...
Swissquote Hits Record Client Assets but Cuts 2026 Guidance as Crypto Revenue Drops 66%
Swissquote posted record CHF96.3bn client assets and strong inflows, but a crypto-led revenue slump forced a full-year f...
Kölner Stadt-Anzeiger Medien to Cut 57 Jobs in AI-Driven Regional Shift
The German regional publisher is dissolving its Rheinische Redaktionsgemeinschaft on 30 September, moving regional produ...
Deutsche Bahn Sues to Block Rail Capacity Order as Italo Prepares €3.6bn German Entry
Germany's rail operator is challenging a regulator ruling that would reserve at least a quarter of congested long-distan...
AppLovin Bets Its Ad Engine Can Move Beyond Gaming Downloads
The mobile ad specialist is courting ecommerce and non-gaming marketers while its stock has halved amid short-seller pre...
Sergio Leal's Second Act: An Andorran Club Exit and a 600-Cover Costa Dorada Restaurant
After selling his Andorran football club stake at a profit, former striker Sergio Leal now runs Amazonia, a renovated Co...
Google Pixel 11 Campaign Bets That the Best Phone Helps You Look Away
Google’s Pixel 11 launch campaign turns digital fatigue into a product story, pairing HiLight and Gemini-powered Magic C...
ITL Group to Buy Rudholm Group and Bamatex in Apparel Supply-Chain Deal
The deal would combine ITL's RFID, packaging and digital supply-chain network with Rudholm's 12-country footprint and Ba...
Radian Completes Real Estate Services Sale, Agrees to Sell Title Business to PLACE
Radian Group is exiting housing services after selling its real estate services unit to PLACE and agreeing to sell its t...
UWM's $603 Million Derivatives Loss Raises Questions Over Hedging and Capital Strategy
A $27.5 billion rate position lost $603 million in Q2, cutting UWM's book equity 38%, as analysts ask why the hedge rema...
Tether's CEO Denies Plans for a Tether Blockchain as Stablechain Rivals Emerge
Tether's CEO denies the company is building its own blockchain, challenging a study that grouped it with Stripe and Circ...
Birkenstock Investor L Catterton Sells $1 Billion Stake After 12% Stock Surge
L Catterton placed 25.52 million Birkenstock shares at $39.35, a 4% discount to Thursday's close. Birkenstock itself bou...
Moscow Exchange Outlines Two-Year Path Toward Near 24/7 Trading
MOEX will first end weekend maintenance halts, then gradually align weekend and weekday sessions, with the full transiti...
Mondelez Is Beating the Market in 2026, but Morningstar Still Sees a 20% Valuation Gap
Morningstar argues the snacks group's wide moat and margin plan leave shares about 20% below fair value, while cocoa, vo...
Liechtenstein’s Transparency Register Breach Exposes Owners Behind 31,000 Entities
A cyberattack on Liechtenstein’s transparency register has exposed the beneficial owners behind 31,000 foundations and c...
EFinance Bets on New Non-Banking Deals as Profit Jumps 62.5%
EFinance has taken full control of SME and microfinance provider Tamweely and a minority stake in Welsy, extending its e...
How Lena Situations Built a Multi-Million-Euro Business From a Teenage Blog
The French influencer went from Met Gala first to owner of a fashion brand, publishing house and podcast studio. Her pla...
Alshaya Group Brings Chipotle to Saudi Arabia with First Riyadh Restaurant
Alshaya Group is launching Chipotle Mexican Grill in Saudi Arabia with a Riyadh debut at Sidra, next to Granada Mall, ex...