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1559 articles
Goldman Sachs Playbook Maps How Family Firms Can Beat the 12% Odds of Reaching the Third Generation
Only 30% of family businesses pass successfully to the second generation, and barely 12% make it to the third. A Goldman...
KeyBanc Sees Reddit as a ‘Sustainable Compounder’ with AI Data Upside, Initiates at Overweight
KeyBanc initiates Reddit at Overweight, $225 PT, citing durable ad growth and AI data licensing potential. The platform'...
eBay Settles Harassment Case for $50M+ After Sending Cockroaches, Funeral Wreath to Bloggers
eBay has agreed to pay over $50 million to a couple who were terrorized by company employees after criticizing the platf...
After Losing Their Jobs, This Couple Started a Shoe Business That Now Has 600 Employees
Marina and Ricardo Larroudé turned a pandemic layoff into a shoe company with hundreds of employees and a simple rule: t...
Verisk Buys Geospatial Intelligence Firm MIS to Bolster Real-Time Catastrophe Response
Verisk adds real-time event analysis to its catastrophe-risk portfolio by acquiring McKenzie Intelligence Services, stre...
Anvisa Approves Five New Semaglutide Pens, Heating Up Brazil's R$5.6 Billion Weight-Loss Drug War
Brazil's health regulator cleared five additional semaglutide pens from Sandoz, Sun Pharma, Ranbaxy, and Brainfarma, sha...
DAE Completes Macquarie AirFinance Acquisition, Scaling Up Global Fleet
Dubai Aerospace Enterprise closed its purchase of Macquarie AirFinance, adding a large aircraft portfolio and orderbook ...
Kazakhstan Open to Wildberries Warehouses as Drone Attacks Expose Logistics Risks
Astana says no formal request yet from the Russian marketplace, but it would consider any proposal in the national inter...
Bunge Lifts FY2026 Profit Outlook as Geopolitics Fuels Grain Processing Boom
Strong soybean and softseed processing margins, driven by war-related grain price spikes, helped Bunge beat Q2 estimates...
Adani Enterprises Posts ₹1,160 Crore Loss on OFAC Charge, Revenue Jumps 50%
Net loss driven by ₹2,644 crore one-time payment to US sanctions body; operating profit hits record as airports, roads a...
BMW to Cut 8,000 Jobs in Global Restructuring as New CEO Targets €1bn Savings
The German automaker will launch voluntary buyouts and early retirements from October, targeting non-production roles in...
Auto1 Shares Tumble 10% Despite Strong Q2 Results as Outlook Disappoints
The online used-car dealer reported better-than-expected revenue and profit but held its full-year forecast, triggering ...
IOCL Eyes 50% Stake in Mega Gas Carriers as US LPG Imports Loom
Indian Oil Corp is seeking to own very large gas carriers for the first time, bidding for a 50% stake to rein in freight...
ICE’s New Detention Center Contracts Aim to Void State Health Oversight After Court Defeat
A day after a federal judge ordered Washington state inspectors into ICE’s Tacoma facility, the agency posted draft cont...
Real Madrid Posts Record €1.22bn Revenue Despite Empty Trophy Cabinet
The Spanish giant became the first sports organisation globally to breach €1.2 billion in annual revenue, driven by a re...
Telegram Posts Obscene Photo After Founder Pavel Durov Charged with Aiding Terrorism
Russian authorities charge Telegram founder Pavel Durov with facilitating terrorist activity, issue international arrest...
Deutsche Bank Posts Near-Record Profit as Investment Bank Surges
Germany’s biggest lender reports Q2 pretax profit of almost €2.7bn, nearing 2007 levels, fueled by a 60% leap in investm...
NCL Research Plans Digital Personal Loans, Stock Pares Intraday Decline
NCL Research & Financial Services announced plans to enter India's digital personal loan market, aiming to diversify rev...
UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks
UBS announced a $3bn share buyback after Q2 earnings beat estimates with a 17% net income jump, but warned of near-term ...
Arch Capital Reports Q2 2026 Net Income of $1 Billion as Cat Losses Climb
Bermuda-based Arch Capital delivered $1bn net income in Q2, down 17% on higher catastrophe losses, while its reinsurance...
PwC Middle East Reports Riddled with AI-Generated False Citations, Investigation Reveals
Four reports from PwC's Middle East practice contained fictitious footnotes, a made-up academic study, and a citation fr...
BMW to Cut 8,000 Jobs as Profit Warning Bites: No Compulsory Redundancies
New CEO Milan Nedeljković is moving swiftly with a voluntary redundancy programme targeting administration, development ...
RWE Shares Rally on Upgraded 2026 Outlook After Strong First Half
RWE lifted its full-year earnings forecast after a 41% jump in half-year EBITDA, fueled by onshore renewables, flexible ...
L Catterton Hires Chetan Naik to Lead India Consumer Push
Global consumer‑focused investment firm L Catterton has appointed former 360 ONE Asset executive Chetan Naik as managing...
SK Hynix Record Quarter Misses Lofty AI Forecasts, Shares Tumble 15%
SK Hynix posted record Q2 revenue and profit but fell short of sky-high analyst estimates, reigniting fears of a slowdow...
Sembcorp vs. Keppel: Clean Energy Generation vs. Asset-Light Infrastructure – Which Pays Better?
Sembcorp’s renewables expansion and 4.7% yield vs Keppel’s diversified infrastructure, rising fees, and S$0.47 total pay...
Danone Sales Rise 4.2% on Asia Volume Surge, Beating Expectations
Danone reported a 4.2% like-for-like sales increase in Q2 2026, driven by a 5.2% jump in Asia-Pacific where volume growt...
FIFA Plans $20 Billion World Cup Unit Stake Sale, UEFA Fights Back
FIFA aims to sell 21% of a new subsidiary for $4.2 billion, drawing sharp condemnation from UEFA and sparking a battle o...
MV Electrosystems IPO: Grey Market Signals 25% Listing Gain Despite FY26 Loss
The railway electronics firm’s Rs 290 crore IPO opens July 30; a strong GMP points to a listing pop, but investors must ...
Deutsche Bank’s Investment Banking Boom Drives Record Q2 Profit
A surge in dealmaking and advisory fees pushed Deutsche Bank to a near-record quarterly profit, as the lender lifted its...