Business

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.

India and Russia Deepen Energy Alliance Amidst Global Tensions

India and Russia are strengthening energy ties, increasing crude oil and LNG imports from Russia amidst Middle East tensions and US pressure.

President Trump’s Signature to Adorn U.S. Currency in Historic First

President Trump's signature will appear on U.S. currency for the first time, a move by the Treasury Department to honor the nation's 250th anniversary and the president's achievements.

China Launches Trade Probes Against U.S. Ahead of Trump-Xi Summit

China retaliates against U.S. trade probes with its own investigations ahead of an anticipated Trump-Xi summit, escalating economic tensions.

Oman Air Cargo Implements New Surcharges Amid Rising Costs

Oman Air Cargo announces the introduction of fuel and war risk surcharges effective March 18, 2026, due to rising operational costs.

Mastercard Bolsters Digital Asset Strategy with $1.8 Billion Acquisition of Stablecoin Firm BVNK

Mastercard announces acquisition of stablecoin infrastructure firm BVNK for up to $1.8 billion, expanding its digital asset capabilities and future payment solutions.

Two Harbors Postpones UWM Parent Acquisition Vote to March 24 Amidst Shareholder Meeting Quorum Issues

Two Harbors Investment Corp. postpones its shareholder vote on the acquisition by UWM's parent company to March 24 due to a lack of quorum. Learn more about the deal's status and potential implications.

Bakkt Unveils Q4 2025 Earnings Date and Strategic Vision at Investor Day

Bakkt, Inc. announces its Q4 2025 earnings release date and Investor Day presentation, detailing financial results and future strategic plans for its integrated financial infrastructure platform.

AeroVironment Bolsters Defense Prowess with $200 Million Acquisition of ESAero

AeroVironment acquires ESAero for $200 million, enhancing its defense capabilities, manufacturing, and expertise in unmanned aerial systems and advanced propulsion.

Cyngn Secures $9.65 Million in Direct Offering to Fuel Autonomous Vehicle Technology Growth

Cyngn Inc. successfully raises $9.65 million in a registered direct offering to fund its autonomous vehicle technology development and working capital needs.

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.

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