Companies
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1428 articles
Apex Partners Founder Ousted as Financial Irregularities Trigger R$975 Million Court Shield
Brazilian investment platform Apex Partners removed its founder and CFO after an internal investigation uncovered financ...
WhatsApp Mass Bans Wipe Out 10 Years of Messages, Push Small Business Owners to Sue Meta
A wave of account bans, including some stretching back to June, has cut Brazilian users off from family memories and liv...
Jorge Messi, the Man Behind Lionel Messi's $1.8 Billion Empire, Dies at 68
Jorge Messi, father and long-time business manager of Lionel Messi, has passed away in Argentina at 68. His death leaves...
Kazakhstan Moves 40% ERG Stake to Samruk-Kazyna, Raising Budget and Governance Questions
The Kazakh Ministry of Finance has transferred its 40% stake in mining group ERG to sovereign fund Samruk-Kazyna. Expert...
Air Astana Shares Edge Up 0.6% on 16% Revenue Jump as Cost Pressures Shrink EBITDAR
Air Astana reported H1 2026 revenue up 16.1% to $763.9 million, but rising fuel, staff, and currency costs drove adjuste...
AI Automation Is Erasing Entry-Level Jobs, Threatening Future Talent Pipeline
New research shows AI-driven automation is cutting demand for junior roles while raising skill requirements for those th...
Meta Ordered to Pay $567 Million in Damages Over Youth Mental Health Harm in New Mexico
New Mexico judge enforces jury verdict, adding to mounting legal pressure from over 40 states accusing Meta of prioritiz...
Equatorial Guinea Opens International Tender for Water and Sanitation System in New Capital
The government of Equatorial Guinea has launched a public tender for a modern drinking water and wastewater treatment sy...
Tesla and SpaceX to Build World's Largest Chip Plant in Texas with $14.55 Billion Investment
The Terafab facility will produce custom silicon for Optimus robots, robotaxis, and SpaceX’s space data centers, bypassi...
When Intuition Works—and Why Most Business Leaders Misuse It
Research by Nobel laureate Daniel Kahneman and psychologist Gary Klein reveals two precise conditions needed for gut ins...
Michal Krištof’s Chybík + Krištof studio to design UK’s largest sports hall as it expands globally
The Czech-Slovak architecture firm has weathered financial and geopolitical crises to win a landmark project in the UK a...
Nintendo Nets $300M Tariff Refund, Q1 Profit Jumps 53% Despite Switch 2 Slump
A Supreme Court ruling on IEEPA tariffs led to a $300M refund for Nintendo of America, boosting net income by 53% even a...
Allianz Stock Hovers Near Record High as Earnings Growth and Seasonal Pattern Fuel Bullish Outlook
Shares of Europe's largest insurer trade at €440.70, just below their all-time peak, supported by a decade of strong sea...
Pearl Global Industries Reports Record Q1 Revenue of INR 1,528 Crore
India’s largest listed garment exporter delivered its highest-ever quarterly revenue and EBITDA margin, driven by 20.8 m...
Framework Discloses Data Breach Affecting All Customer Records After Third-Party Hack
Personal details of all Framework laptop buyers were exposed when attackers exploited a zero-day flaw in analytics platf...
Colliding risks strain corporate resilience – WEF report urges boards to act
The World Economic Forum's Global Risks Report 2026 warns that climate stress, geopolitical tensions and AI concentratio...
Moscow Metro Modernization Fuels Russia's Transport Engineering Industry
Massive fleet renewal orders from the Russian capital are building a nationwide supply chain and pushing automation, May...
WPP Stock Stuns With 29% Surge; Versant Preps Pay Products; Cloudflare Launches AEO Capabilities
Half-year earnings land better than feared for WPP, while spin-out Versant Media bets on direct-to-consumer offerings ov...
Uruguay Central Bank Pushes Open Finance Law: ‘A Safe Highway for All Cars’
The draft bill aims to give consumers control of their financial data, spur fintech competition, and introduce regulator...
Sony Rumored to Revive 2020 WH-1000XM4 Headphones at Lower Price
A reliable leak suggests Sony will reintroduce its acclaimed WH-1000XM4 as the XM4C this September, priced around $250, ...
Why Companies Are Staying Private Longer — And What It Means for Investors
The median age of U.S. companies at IPO has doubled since the late 1990s, with more firms choosing to remain private lon...
FRA Approves Live Test for ePassport Digital Identity Project by Lumin Soft and Azimut
Egypt’s financial regulator has given Lumin Soft and Azimut the green light for a three-month live trial of a digital id...
A&F Eyes Hollister China Exit Despite Asia Growth Surge
Abercrombie & Fitch is reportedly reviewing strategic options for its Hollister brand in China, a move that comes even a...
Zhong Ou Fund Marks 20 Years With ‘Super Factory’ Model, Flags Debt-Deleveraging Timeline and Tech Reset
The Shanghai-based manager unveiled a specialised, industrialised and digitalised investment framework, reporting nearly...
Achieve Closes $261.5 Million HELOC Securitization, First of 2026
The non-bank lender’s ninth overall deal bundles 3,129 home equity lines with a 65.67% weighted average combined loan-to...
Ellington Financial Posts $54.4M Profit as Reverse Mortgage Originations Surge 38%
Ellington Financial's Q2 net income hit $54.4M, driven by strong loan credit and a 38% rise in Longbridge reverse mortga...
Fitch Cuts UWM to B+ as $451.9M Loss and Debt Surge Push Leverage to 6.1x
Fitch downgraded United Wholesale Mortgage to B+ from BB- after a second-quarter net loss of $451.9 million, a $603 mill...
Schneider Electric’s New Supply Chain Chief on Why Cross-Functional Experience Wins
Jackie Zhu took over Schneider Electric’s North America supply chain five months ago after deliberately building a caree...
EY and AHK Paraguay Host Business Briefing on New Data Protection Law
Experts from EY and the Paraguayan-German Chamber mapped out the compliance landscape under the new personal data law, d...
Mercado Libre Revenue Surges 50%, But Margin Squeeze Sends Shares Down 6%
Mercado Libre posted its fastest revenue growth in four years, yet an 11% drop in net profit and a plummeting operating ...