Business

Virginia Governor Moves to Intervene in Dominion-NextEra Merger Over Electricity Price Fears

Virginia's governor will file to intervene in the Dominion-NextEra Energy merger, citing concerns that the deal could raise electricity prices for consumer
Business Khaled Ayoub -

Virginia Governor Moves to Intervene in Dominion-NextEra Merger Over Electricity Price Fears

Virginia's governor will file to intervene in the Dominion-NextEra Energy merger, citing concerns that the deal could raise electricity prices for consumer
Business Khaled Ayoub -

Sweetgreen Cuts Full-Year Outlook as Cyclospora Fears Dampen Salad Sales

Sweetgreen lowered its full-year sales forecast and recalled jalapenos as a wider cyclospora outbreak dampens consumer demand, despite no direct link to th
Business Khaled Ayoub -

Trump Orders 15% Tariff on Polysilicon to Bolster US Chip and Solar Supply Chains

President Trump has ordered a 15% tariff on polysilicon products from December 4, aiming to bolster US chip and solar supply chains against China.
Business Aarav Shen -

AMD Acquires Chip Startup Taalas to Bolster AI Inference Ambitions

AMD has acquired Taalas, a startup that hardwires AI models into silicon, deepening its bet on the fast-growing AI inference market.
Business Khaled Ayoub -
Latest

Micron Eyes Expansion in Taiwan: Second Chip Facility to Boost AI Memory Production

Micron Technology announces plans for a second semiconductor facility in Taiwan to meet soaring AI memory demand, highlighting its strategy in advanced DRAM and solidifying its presence in the region.

Trump Urges Allies to Secure Strait of Hormuz Amid Escalating Iran Tensions

President Trump pressures allies to help secure the Strait of Hormuz amid escalating Iran tensions and soaring oil prices. Allies push back as conflict widens.

SNB Holds Rates Steady, Signals Increased FX Intervention Amid Geopolitical Tensions

The Swiss National Bank will maintain zero interest rates through 2026, increasing its readiness for foreign exchange interventions to manage the strengthening Swiss franc amid geopolitical tensions.

Synergie Makes Strategic Leap with Acquisition of Agilus Work Solutions Majority Stake

Synergie acquires majority stake in Agilus Work Solutions, expanding its presence in Canada and North America. The strategic deal boosts Synergie’s reach across the staffing market with nationwide Canadian coverage and a full spectrum of HR services.

UniCredit Escalates Commerzbank Pursuit with Stake Increase Offer Amidst Resistance

UniCredit launches an offer to increase its stake in Commerzbank above 30%, triggering potential takeover bid discussions amidst resistance from Commerzbank and the German government.

China’s Economy Surges Ahead in Early 2026, Beating Expectations Amidst Global Uncertainty

China's economy has kicked off 2026 with a robust performance, as key indicators for industrial output and retail sales significantly surpassed market forecasts for...

WisdomTree Bolsters ETF Offerings with Acquisition of Atlantic House Holdings

WisdomTree announces acquisition of Atlantic House Holdings for $200 million, expanding its ETF lineup with defined outcome and derivatives capabilities and strengthening its UK market presence.

Accenture Supercharges AI Ambitions with Faculty Acquisition and New CTO Appointment

Accenture completes its acquisition of UK AI company Faculty, appointing Faculty CEO Dr. Marc Warner as its new CTO. This strategic move bolsters Accenture’s AI expertise and positions the firm as a leader in responsible and scalable AI adoption.

Ramp Expands to Europe and UK with Billhop Acquisition

Ramp acquires Billhop to expand its financial operations platform into Europe and the UK, opening new offices and enabling direct services for businesses in the region.

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

Voyager Acquisition Corp. and VERAXA Biotech AG Merger Gains Shareholder Approval

Voyager Acquisition Corp. shareholders approve merger with VERAXA Biotech AG, paving the way for Nasdaq listing under 'VRXA' despite high redemption rates.

Judge Blocks Subpoenas Against Fed Chair Powell in Criminal Probe, Citing Lack of Evidence

A federal judge blocks subpoenas against Fed Chair Jerome Powell in a criminal probe, citing lack of evidence and improper purpose. The DOJ plans an appeal.

Chinese Banks Fuel AI Ambitions: Lending Surges Amid National Tech Push

Chinese banks are increasing lending to the tech sector as Beijing pushes for widespread AI adoption, aiming to boost job creation and economic growth.

Federal Reserve Eases Bank Capital Rules to Spur Lending, Especially Mortgages

The Federal Reserve is set to ease bank capital requirements to stimulate lending, particularly in the mortgage sector, by streamlining regulations and right-sizing risk calibrations.

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