Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
TCL's Anniversary Sale Cuts Air Conditioner Prices by 43% Amid Summer Demand
TCL launches "Cool More, Save More" anniversary promotion with up to 43% discounts on AI-powered window air conditioners, featuring energy-efficient models wit…
HighSBI Funds Management IPO reduced to Rs 9,813 crore after marquee pre-IPO placement
SBI Funds Management's IPO size reduced to Rs 9,813 crore after selling 1.6% stake to 30 marquee investors in pre-IPO round at Rs 545-574 per share valuation.
HighTim Cook Steps Down After 15 Years; John Ternus Named Apple CEO
Tim Cook is stepping down as Apple CEO after 15 years, with John Ternus taking over leadership of the tech giant. Cook transformed Apple's operations and suppl…
HighRonaldo acquires 90% of Cruzeiro with R$400M investment plan
Ronaldo, the legendary Brazilian striker, has agreed to purchase 90% of Cruzeiro's football operations through a R$400 million investment, becoming the club's…
HighAxiom Space Establishes Swiss Subsidiary for Commercial Station Operations
Axiom Space, developer of commercial space station modules and next-generation spacesuits, has established a Swiss subsidiary to expand its international opera…
HighMicrosoft Xbox explores in-game ads as strategy to offset rising console costs
Microsoft's Xbox Chief Strategy Officer suggests in-game advertising could help keep gaming products affordable as console prices reach $800. The company is ex…
HighNex Playground CEO on Family Gaming Console That Outsold Xbox
Nex Playground, a family-focused gaming console, outsold Xbox during Black Friday 2025 and is expanding globally with major IP partnerships including Bluey, Ba…
HighAligne CEO Ginny Seymour Refounds Fashion Brand to 8-Figure Revenue
Ginny Seymour refounded contemporary fashion brand Aligne, achieving 56% YoY growth and approaching eight-figure revenue by targeting confident working women w…
HighStarbucks Raises Full-Year Outlook as Q2 Earnings, Revenue Beat Estimates
Starbucks reported Q2 earnings and revenue that exceeded analyst estimates, prompting the company to raise its full-year financial outlook as turnaround effort…
HighMerck KGaA Reports Q1 2026 Results; Leadership Outlines Strategic Direction
Merck KGaA held its Q1 2026 earnings call, with leadership discussing quarterly financial performance and strategic direction across Life Science and Healthcar…
MediumSundar Pichai's 2026 compensation package could reach $700M through stock awards
Alphabet maintains Sundar Pichai's $2M base salary while approving a new three-year compensation package potentially worth $700M through stock units and restri…
HighPaulus unveils Be.Ark, creator-owned AI platform prioritizing local data ownership
South Korean agency Paulus unveiled Be.Ark, a creator-owned AI agent platform storing intelligence locally rather than in centralized cloud systems, positionin…
HighForward Air Q4 Loss Tests Margin Recovery Hopes Amid Persistent Unprofitability
Forward Air reported a Q4 net loss of US$28.3M with trailing twelve-month losses of US$107.8M, testing investor narratives about margin recovery despite stable…
HighGoogle CEO warns of more layoffs ahead as company pivots to AI
Google CEO Sundar Pichai warned employees to expect additional layoffs in coming months as the company redirects resources toward AI development, though smalle…
HighVasco's SAF shares seized by court in dispute over 777 Partners stake
Rio de Janeiro court seized Vasco's SAF shares held by 777 Partners following a claim by Matix Capital, blocking the club from negotiating the assets without j…
HighBooking and Airbnb hit record profits as travel demand defies geopolitical turmoil
Travel platforms Booking and Airbnb reported historic revenue and profit records in Q1 2026 despite global economic headwinds from the Iran conflict, with both…
HighCD Projekt Red Seeks Redemption With Witcher 4 After Cyberpunk 2077 Disaster
CD Projekt Red co-CEO acknowledges the studio hasn't fully recovered player trust after Cyberpunk 2077's disastrous 2020 launch, but hopes The Witcher 4 can he…
HighReliance surges 2% on Meta AI data centre partnership in Jamnagar
Reliance Industries shares surged 2% to ₹1,300 following announcement of a landmark partnership with Meta to build India's first AI-enabled 168 MW data centre…
HighFrom IAS dreams to e-commerce: How Vidit Aatrey built Meesho into a ₹30,000 crore giant
Vidit Aatrey abandoned civil service aspirations and corporate career to co-found Meesho, transforming social commerce into a Rs 30,000 crore e-commerce platfo…
HighIFC do Banco Mundial investe US$ 15 mi em fundo de R$ 1 bi da Treecorp
A IFC, braço de investimentos do Banco Mundial, aporta US$ 15 milhões no quarto fundo da Treecorp, de R$ 1 bilhão, com foco em empresas de médio porte e lidera…
HighXbox CEO Sharma commits to biweekly updates, vows to 'fix the fundamentals' in 2026
New Xbox CEO Asha Sharma pledges biweekly console and PC updates throughout 2026 to address player frustrations and restore the brand's fundamentals, with Proj…
HighIndra ousts CEO José Vicente de los Mozos amid government pressure
Spain's government has forced out José Vicente de los Mozos as CEO of defense firm Indra, with Ángel Simón taking interim control. The move clears the way for…
HighQantas posts $1.5B profit despite Middle East headwinds, unveils fleet overhaul
Qantas posted over $1.5 billion profit despite A$420 million costs from Middle East conflict and fuel volatility. The airline is executing major fleet renewal…
HighZuckerberg Signals More Meta Layoffs Ahead as AI Competition Intensifies
Meta laid off 8,000 employees as CEO Mark Zuckerberg signals continued workforce reductions tied to AI competition. The company sent termination notices at 4 A…
HighMaterion Reports Q1 2026 Results; CEO Outlines 2026 Outlook
Materion Corporation reported Q1 2026 results with leadership discussing quarterly performance and 2026 guidance. The company outlined financial metrics and fo…
MediumHCLTech Q3 revenue crosses $15B annualized as bookings surge to $3B
HCLTech reported Q3 FY26 revenue of $3.8B with 4.2% QoQ growth, crossing $15B annualized revenue. The company raised FY26 guidance to 4.0-4.5% YoY and secured…
HighGerman startup Isar Aerospace makes European space history with first commercial orbital launch
Isar Aerospace, a German startup, successfully launched a fully commercial orbital rocket, marking a historic milestone for European spaceflight and positionin…
HighSouth Africa's HIV Leader Xulu Pushes Local Production of Breakthrough Prevention Jab
Thembi Xulu, CEO of South Africa's National Aids Council, is negotiating local production of lenacapavir, a groundbreaking HIV prevention injection, while navi…
HighTake-Two Dismisses GTA 6 Digital-Only Backlash, Defends End of Physical Discs
Take-Two Interactive's CEO dismisses backlash over GTA 6's digital-only format, arguing physical discs no longer make sense for consumers and comparing them to…
HighIndian corporates deliver mixed Q3 results; NPST, ECOS, Black Box show growth momentum
Major Indian corporations released Q3 FY26 results on February 12, 2026, with mixed performance. While companies like NPST, ECOS Mobility, and Patanjali showed…
HighMajor Institutional Investors Boost Life Time Group Stakes Amid Mixed Analyst Sentiment
Major institutional investors including Deutsche Bank, Vanguard, and others significantly increased their positions in Life Time Group (NYSE:LTH) during recent…
HighFlock Safety adds mandatory safeguards to license plate cameras by January
Flock Safety's CEO announced mandatory privacy safeguards for police customers by January 2026, including audit systems and shorter data retention, following i…
HighVedanta Posts Record FY26 Results With 89% PAT Jump, Announces Dividend
Vedanta Limited posted record FY26 financial results with PAT jumping 89% to Rs 9,352 crore and revenue reaching Rs 1,74,075 crore, driven by strong operationa…
HighMixed Q2 Results: Tata Motors Hit by JLR Cyber Crisis, Hero MotoCorp Surges
Indian companies released Q2 FY26 results on November 14, 2025, showing mixed performance with major losses at Tata Motors Passenger Vehicles (₹6,368 cr) due t…
HighFlipkart sells Rs 998-cr stake in Aditya Birla Lifestyle, second exit this year
Flipkart sold its 6% stake in Aditya Birla Lifestyle for Rs 998 crore, marking its second exit from the company. Mutual funds and insurance firms were primary…
HighRepsol profits surge 153% amid geopolitical tensions; Ibex stocks in focus
Spanish oil company Repsol reports 153% profit increase, allocating €1.2B for petroleum inventory expansion amid Iran tensions. Stock gains despite missing som…
HighValve Opens Steam Machine Design Files to Community Customization
Valve released CAD design files for the Steam Machine's exterior under Creative Commons licensing, enabling custom faceplate creation. The company also confirm…
HighFIIs fuel market rally as RIL, IDFC, Bajaj Finance post strong updates
FIIs invested ₹1,996 crore in Indian stocks on Monday, marking the fourth consecutive day of net buying, while Sensex and Nifty 50 hit new lifetime highs. Mult…
HighPan Pacific beats EPS forecasts; analysts maintain steady 2027 outlook
Pan Pacific International Holdings beat Q3 EPS estimates by 13%, but analysts maintained their 2027 revenue and earnings forecasts, signaling confidence in con…
HighSpirit Airlines Files for Bankruptcy; Flights Continue as Restructuring Begins
Spirit Airlines filed for Chapter 11 bankruptcy, the first major U.S. carrier to do so since 2011, but will continue operations while restructuring debt and op…
HighSony's Vinyl Push Draws Backlash After Killing PlayStation Disc Format
Sony's decision to eliminate disc drives from PlayStation consoles has sparked backlash from gamers planning a boycott, while the company simultaneously promot…
HighTesla Recalls 2.98M China EVs Over Door Releases That Could Trap Occupants
Tesla recalls 2.98 million vehicles in China due to emergency door releases that may become inaccessible after power loss in crashes. At least 15 deaths linked…
HighLloyds CEO shares five money management tips for savers and spenders
Lloyds Banking Group CEO Charlie Nunn offers practical financial advice including automating savings, discussing money in relationships, protecting against fra…
HighTotalEnergies maintains buybacks despite 35% profit drop
TotalEnergies reported a 35% drop in Q3 adjusted net income to $6.5B due to falling energy prices, but maintained its $9B annual share buyback program as geopo…
HighInternational Seaways Trading 9% Above Fair Value Despite Fleet Modernization
International Seaways trades at $81.97, roughly 9% above analyst fair value of $75.20, despite strong recent returns and fleet renewal strategy positioning it…
MediumCrane NXT Raises 2026 Growth Outlook to 15%-17% on Antares Vision Deal
Crane NXT raised 2026 sales growth guidance to 15-17% following its Antares Vision acquisition, which will contribute $200-210M in revenue but initially dilute…
HighAir France-KLM tempers rebranding speculation, says no final decision made
Air France-KLM denies imminent rebranding despite internal discussions about adopting 'The Blue Group' as holding name. Company confirms no final decision made…
HighTim Cook Calls Apple Maps Launch His 'First Really Big Mistake' as CEO
Outgoing Apple CEO Tim Cook acknowledged the 2012 Apple Maps launch as his "first really big mistake," citing poor quality and faulty directions that forced th…
HighYork Space Systems drops 6% on Wolfpack Research short report
York Space Systems shares fell 6-7% following a short report from Wolfpack Research disclosing a short position, ahead of the company's Q1 earnings announcemen…
HighAcciona taps Citi and Goldman to explore takeover bid for green subsidiary
Spanish infrastructure company Acciona has engaged Citigroup and Goldman Sachs to analyze a potential takeover offer for its green energy subsidiary, signaling…
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