US digest: Tesla gains, PCE unchanged, consumer sentiment slips
US markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla shares edged…
China’s self-driving startup Momenta weighs Hong Kong over US for IPO: report
Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue…
UK giants hit by cyberattacks: how Co-op, M&S, JLR disruption expose vulnerabilities
In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR)…
Meta to launch paid version of Facebook and Instagram in the UK
In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set…
Asian stocks close lower on Friday: Hang Seng down 1.5%, Kospi crashes 2.5%
Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates….
DBS turns bullish on Baidu, citing AI-driven cloud and robotaxi gains
DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as…
Asian stocks end mostly flat: Nikkei climbs 0.27%, Nifty slips 0.6%
Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US interest rate cuts…
SAP under EU antitrust probe for ERP maintenance practices
The European Union has launched a probe into SAP SE, investigating whether the German software company restricted competition in the market for…
After a painful pause, LG’s billion-dollar Indian IPO is back on track
After a painful and prolonged pause that had cast a shadow over its ambitious plans, the Indian arm of the South Korean…
Starbucks to close stores, cut 900 jobs in $1B restructuring
Starbucks Corp. on Thursday announced it will close stores and eliminate 900 positions as part of a $1 billion restructuring initiative aimed…
