From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen…
Asian stocks end mixed on Tuesday: Hang Seng up 0.9%, Nikkei down 0.25%
Asian markets delivered a mixed performance on Tuesday, with investors balancing optimism around Chinese policy support against growing concerns over a potential…
China’s production caps and sustainability drive reshape the base metals market
The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of…
ASOS stock slumps as analysts warn profit gains may not offset sales weakness
British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and…
Dow futures tank 150 points amid looming shutdown: 5 things to know before Wall Street opens
Dow futures plunged 150 points on Tuesday, as investors weighed political uncertainty in Washington against lingering concerns over economic growth. With Congress…
Spotify names Co-CEOs as founder Daniel Ek transitions to Executive Chairman role
Spotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to…
Explained: OpenAI’s new parental controls for ChatGPT and what they do
OpenAI has unveiled robust new parental controls for its flagship chatbot, ChatGPT, marking a pivotal move toward protecting teenagers online. The initiative…
Huawei to double AI chip output in 2026, targeting 1.6 million dies
Huawei Technologies Co. is preparing to step up its production of advanced artificial intelligence chips despite persistent US sanctions and manufacturing hurdles….
Wells Fargo shares in red as Morgan Stanley downgrade citing limited upside
Wells Fargo shares edged lower in premarket trading Monday after Morgan Stanley analyst Betsy Graseck downgraded the bank to equal weight from…
Dow futures soar 200 points on Monday: 5 things to know before Wall Street opens
US stock futures showed some gains on Monday, with Dow futures soaring 200 points, as traders tried to shake off last week’s…
