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1428 articles
After 50% Crash, SK Hynix Trades at 4.5 Forward P/E — Is the Memory Cycle Misread?
SK Hynix stock plunged nearly 50% after a fourfold rally, compressed to a forward P/E of 4.5. But wafer-capacity math an...
Nvidia Injects $5 Billion into Ilya Sutskever’s Secretive AI Startup Safe Superintelligence
The chip giant’s cash—and access to its next-generation Vera Rubin hardware—will let SSI grow its compute tenfold in a y...
Thinking Machines Lab Co-Founder Lilian Weng Steps Down, Citing Burnout and Health Strain
Weng’s departure — the latest in a wave of exits from the AI startup — underscores the physical toll of the industry’s r...
GSK to Close Stevenage R&D Hub in £1.9bn Cost Drive, Opens Cambridge Flagship
The drugmaker will move 1,800 staff from its historic Stevenage centre to a new Cambridge site, launching a three-year c...
BHP Sends Mariana Reparations Lead to Global Ethics Post, Eyes Samarco Revival by 2029
Emir Calluf Filho, who steered BHP's Brazilian operation through the Fundão dam disaster reparations, takes a global com...
Leica Bets on Glass Molding to Secure Its Premium Camera Future
Leica Camera AG is banking on a new lens-pressing technology to keep its luxury cameras ahead of smartphone competition,...
Chubais Appeals 5.5 Billion Ruble Ruling in Rusnano's Plastic Logic Lawsuit
Former Rusnano chief Anatoly Chubais and seven other defendants have challenged a Moscow court order that held them liab...
Cabio Biotech Slumps 20% After Shanghai Risk Warning Over ARA Turmoil
The world’s second-largest arachidonic acid (ARA) supplier sees revenue plunge 82% and is put under stock exchange risk ...
Walgreens Bets on Robots to Save $1B a Year as It Prepares to Go Private
Walgreens is rolling out automated prescription centers across 5,000 pharmacies in a drive to cut $1 billion in annual c...
Inflexor Ventures Rakes In ₹400 Crore in First Close of ₹1,250 Crore Fund III
The early-stage venture firm has secured commitments from marquee anchors like SRI Fund and HDFC AMC, preparing to write...
Arab African International Bank Partners with Zain Tech to Accelerate Corporate Digitalization in Egypt
A memorandum of understanding between AAIB and the Zain Group’s digital arm aims to equip Egyptian businesses with AI, I...
Johnson & Johnson Agrees to $5.5 Billion Talc Settlement to End 15-Year Litigation
The pharmaceutical giant aims to resolve tens of thousands of ovarian cancer claims with a $5.5 billion deal, seeking cl...
Safran CEO Vows to Meet Airbus and Boeing Engine Demand in 2026-2027 as Aftermarket Boom Drives Record Profits
French engine maker Safran reports record H1 profitability, raises full-year outlook, and pledges to break the productio...
Theater Revenues Are Climbing, but the Moviegoing Habit Remains in Long-Term Decline
AMC’s latest results show how rising ticket prices and premium formats are masking a durable slide in attendance — a shi...
Inside Super Micro Computer's Server and AI Infrastructure Business
A look at the modular server maker's product range and role in powering data centres and AI workloads.
Zain Saudi Arabia Q2 Profit Soars 60.6% to SAR 204mn on 5G Consumer Gains
Zain KSA's second-quarter net profit surged to SAR 204 million from SAR 127 million a year earlier, driven by a richer r...
AfDB Approves €100m Loan for Morocco's First Integrated LFP Battery Gigafactory
The African Development Bank is backing Gotion's $117m-equivalent project to build a large-scale lithium iron phosphate ...
Brazilian Court Reverses Dismissal After Worker Clocks Out 4 Minutes Late
A food sector company in Uberlândia fired an employee for just cause after he registered four extra minutes of work. A l...
Manipal Health Enterprises sets ₹9,275 crore IPO price band amid muted grey market signal
The hospital chain will open its public offer on July 29. A fresh issue of 13.56 crore shares and an OFS aim to raise ₹9...
MV Electrosystems IPO: Railway electronics firm backed by Madhuri Kela aims ₹290 crore
The ₹290-crore IPO opens July 30 and closes August 3. Here's what the DRHP reveals about the company's order book, finan...
DroneShield Stock Plunges 13% Despite Record Revenue as Margin Squeeze Bites
DroneShield posted a 74% revenue surge to AU$125.8 million and a new AU$23.2 million European contract, but a drop in gr...
How Tariffs, AI Wealth, and Data Centre Boom Shaped Europe's Q2 Earnings
Philips’ tariff refunds, Hochtief’s data centre orders, and LVMH’s US luxury surge highlight a quarter where geopolitica...
Keppel's Deep Value Hidden as Market Still Sees O&M Past
Despite exiting offshore and marine, Keppel trades at a discount to global peers. Its asset-light model, growing funds u...
HelloFresh Deploys AI-Generated Ads in Times Square Using Hightouch’s Ad Studio
The meal-kit company turned to Hightouch’s new AI creative generator to speed up ad production and launched a one-day OO...
Al-Mabanee half-year profit slides 35.6% after prior-year land sale gain and hospitality slump
Kuwait real estate and hospitality group Al-Mabanee posted a 7.8% drop in second-quarter net income to KWD 15.6 million,...
Europe's Answer to SpaceX? The Exploration Company Targets $2B Valuation with $300M Round
German-French space startup The Exploration Company is reportedly closing a $300 million funding round that would value ...
Mercedes-Benz Q2 Profit Jumps 13.5% as Cost Cuts Counter China Slump
Group earnings climb to €1.09 billion despite a 6% fall in unit sales, with efficiency gains and strong van sales offset...
Brands Expand Creator Marketing Beyond Awareness to Drive Product Launches and Sales
New Digiday research shows 78% of marketers now use influencers for product launches, with brands like Ruggable and Mila...
CXMT's Star Market Debut Smashes Records, Becomes China's Most Valuable Listed Company
CXMT raised $8.6 billion and its shares surged 466%, giving it a market cap of CNY3.28 trillion that topped ICBC and bri...
Petronas Accelerates Brazil Expansion, Enters Fuel Station Battle with 350-Station Target
Malaysian oil giant Petronas, via partner Nexta, aims to close 2026 with 350 branded stations in Brazil's South, Southea...