Key Points The U.S. Commerce Department awarded GlobalWafers $406 million in grants. The funding will support wafer production projects in...

Key Points SoftBank CEO Masayoshi Son will announce a $100 billion U.S. investment in AI and infrastructure. The initiative aims...

Key Points UniCredit has formalized a €10 billion all-share offer for Banco BPM. The proposed exchange ratio values BPM shares...

Key Points Toyota is investing $922 million in a new paint facility at its Georgetown, Kentucky, plant. This is the...

Key Points The Fed is expected to cut rates next week amid persistent inflation concerns. November’s CPI rose 2.7% annually,...

Key Points Micron Technology secured $6.1 billion for domestic semiconductor facilities. Intel received $7.86 billion, and TSMC and Samsung were...

Key Points Omnicom Group acquires Interpublic Group for $13.25 billion, forming the largest advertising agency globally. Interpublic shareholders will receive...

Key Points The industrial sector is optimistic about 2025 despite extended contraction. Trump’s policies and Elon Musk’s influence boost investor...

Key Points China’s antimony export restrictions have disrupted Western supply chains, particularly for Henkel. Henkel declared force majeure due to...

Key Points Macron strongly opposes the EU-Mercosur trade deal, citing environmental and regulatory fairness concerns. France's agricultural sector has voiced...

Key Points General Motors anticipates over $5 billion in noncash charges for restructuring its China joint venture with SAIC Motor....

Key Points Global debt reached a record $323 trillion in the first three quarters of 2024. Due to large government...

Key Points The DOE plans to loan $7.54 billion to StarPlus Energy, a Stellantis and Samsung SDI joint venture, for...

Key Points Black Friday 2024, E-commerce sales surged by 14.6%, while in-store sales grew only 0.7%, with some reports indicating...

Key Points China will exempt certain US goods from additional tariffs until February 28, 2025. These exemptions were initially set...

Key Points France's inflation rose to 1.7% in November, falling short of the expected 1.8% and staying below the ECB’s...

Key Points Americans are expected to spend an average of $1,000 per person, marking a 3.8% increase in holiday retail...

Key Points Pony AI raised $260 million in its U.S. IPO, valuing the company at $4.55 billion. An additional $153.4...

Key Points Trump announced a 25% tariff on Canadian and Mexican imports, citing drug trafficking and migration concerns. The Bank...

Key Points Anglo American is selling its steelmaking coal assets to Peabody Energy for up to $3.78 billion, including upfront,...

Key Points Experts affirm ThyssenKrupp Steel’s financial stability for at least two years, ensuring short-term viability. The division faces weak...

Key Points Amazon has invested $4 billion more into Anthropic, raising its total investment in the AI startup to $8...

Key Points Kenya terminated an airport procurement process and a $736 million energy partnership with India’s Adani Group. The decision...

Key Points Delta Air Lines forecasts mid-single-digit revenue growth in 2025 and a 10% annual earnings growth over the next...

Key Points Sony is discussing acquiring Kadokawa, a major Japanese media company known for gaming, anime, and publishing. Originally a...

Key Points BP, Shell, and Equinor are scaling back renewable energy ambitions to focus on fossil fuel investments. Rising costs...

Key Points Warner Bros Discovery settled its breach of contract lawsuit with the NBA, ensuring a decade-long partnership. The settlement...

Key Points xAI secures $6 billion in funding at a $50 billion valuation. The funding comes from Middle Eastern sovereign...

Key Points Meta faces a €797.72 million (approximately $840 million) fine for antitrust breaches linked to Facebook Marketplace. The EU...

Key Points Volkswagen invests $5.8 billion in a joint venture with Rivian Automotive, Inc. to support EV production. Rivian and...

Key Points The Central Bank of Brazil signaled a potential lengthening of its monetary tightening cycle due to worsening inflation...

Key Points Asterion Industrial Partners and Telefonica sold Spanish data center operator Nabiax to Aermont Capital. Nabiax includes two data...