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China Condemns UK Move to Nationalize British Steel
The UK government has announced that it had passed legislation to nationalize British Steel, previously owned by China's Jingye Group, to protect the country's steelmaking capacity.

By The Financial District
Jul 241 min read


Larry Page's Wealth Surpasses US$300 Billion as Alphabet Shares Rally
Google co-founder Larry Page saw his net worth climb above US$300 billion after Alphabet shares surged following comments by Warren Buffett about Berkshire Hathaway's investment in the technology company.

By The Financial District
Jul 231 min read


Shareholder Lawsuit Accuses Ellisons of Corruption in Paramount Deal
Edited ArticleA Paramount shareholder has filed a lawsuit alleging corruption involving the company's controlling shareholders, Larry Ellison and David Ellison, as Paramount Skydance seeks to complete its reported US$111 billion acquisition of Warner Bros. Discovery.

By The Financial District
Jul 231 min read


Eli Lilly to Acquire AtaiBeckley in Deal Worth Up to US$3.8 Billion
Shares of AtaiBeckley surged about 30% in premarket trading after Eli Lilly & Co. announced plans to acquire the clinical-stage biopharmaceutical company in a deal valued at up to US$3.8 billion.

By The Financial District
Jul 231 min read


The Airport Happiness Gap
Airports are getting better at keeping passengers satisfied, even as rising traffic, staffing pressures, security demands, and weather disruptions make their operations increasingly complex. Yet new research from HappyOrNot suggests that the quality of the Passenger Experience (PX) still depends heavily on where travelers are in their journey and when they pass through the terminal.

By The Financial District
Jul 233 min read


SpaceX Shares Remain Under Pressure Ahead of First Starship Test Flight Since IPO
SpaceX remained under close investor watch as the company prepared for its first Starship test flight since going public.

By The Financial District
Jul 221 min read


Netflix Outlook Misses Expectations as Revenue Growth Slows
Netflix's third-quarter revenue forecast points to slower growth than in recent quarters, fueling concerns that the streaming giant may be losing momentum.

By The Financial District
Jul 221 min read


Apple's AI Strategy Draws Comparisons to Rockefeller's Standard Oil Playbook
Apple's decision to avoid the artificial intelligence spending race has drawn comparisons to John D. Rockefeller's strategy at Standard Oil.

By The Financial District
Jul 221 min read


Berkshire Hathaway Appears to Be Accelerating Stock Buybacks
Berkshire Hathaway appears to have increased the pace of its stock repurchases during the second quarter, a development that could be welcomed by investors.

By The Financial District
Jul 221 min read


Three Ohio Residents Sue Taco Bell Over Cyclospora Illnesses
Three Ohio residents are suing Taco Bell, alleging they became ill after eating at the restaurant as a Cyclospora outbreak continues to spread.

By The Financial District
Jul 221 min read


Investors Shrug Off TSMC's 77% Profit Surge Amid AI Spending Concerns
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 77% increase in quarterly profit, but investors focused instead on the company's commitment to invest an additional $100 billion in the United States.

By The Financial District
Jul 211 min read


Google Delays Release of Gemini 3.5 Pro AI Model
Alphabet Inc.'s Google has delayed the release of Gemini 3.5 Pro, its flagship artificial intelligence model, as engineers continue working to improve its capabilities—particularly in coding.

By The Financial District
Jul 211 min read


Spain Beats Argentina 1–0 in World Cup Final as Post-Match Brawl Erupts
Argentina's World Cup campaign ended in controversy after a 1–0 defeat to Spain in the final.

By The Financial District
Jul 211 min read


SpaceX Aborts Second Starship V3 Launch Attempt as Shares Fall
SpaceX has abruptly aborted the second attempted launch of its upgraded Starship V3 rocket, moments after the booster ignited at the company's launch facility in South Texas.

By The Financial District
Jul 211 min read


Moonshot Introduces World's Largest Open-Weight AI Model
Chinese artificial intelligence startup Moonshot unveiled Kimi K3, a 2.8-trillion-parameter model that it says is the world's largest open-weight AI system.

By The Financial District
Jul 211 min read


Walmart Pulls Taylor Farms Salad Products as Precaution Amid Recall Expansion
Walmart Inc. has removed four bagged iceberg lettuce salad products manufactured by Taylor Farms from select stores as recalls linked to a cyclospora outbreak continue to expand.

By The Financial District
Jul 211 min read


TSMC to Invest Additional US$100 Billion in U.S. Chip Manufacturing
Taiwan Semiconductor Manufacturing Co. (TSMC) will invest an additional US$100 billion in Arizona as it expands semiconductor production in the United States, a move that the U.S. Commerce Department said will create tens of thousands of jobs.

By The Financial District
Jul 211 min read


Meta Reportedly Eyes US$10 Billion AI Computing Deal With Anthropic
Meta trimmed its losses after The New York Times reported that the company is in talks to lease computing power to AI startup Anthropic in a deal valued at approximately US$10 billion.

By The Financial District
Jul 201 min read


SpaceX Cuts Losses on Report of Potential Pentagon AI Computing Deal
SpaceX pared its losses after The Wall Street Journal reported that the Elon Musk-led company is in talks with the U.S. Department of Defense to provide data center capacity for running artificial intelligence models.

By The Financial District
Jul 201 min read


Lucid Motors Denies Bankruptcy Report as Investor Confidence Wavers
Shares of electric vehicle manufacturer Lucid Motors fell sharply after a report suggested the company was considering filing for Chapter 11 bankruptcy—a claim the company denied.

By The Financial District
Jul 201 min read


ASML Raises 2026 Forecast as AI Demand Fuels Strong Growth
ASML, Europe's largest publicly traded company by market capitalization, has raised its full-year 2026 sales forecast after reporting stronger-than-expected quarterly earnings.

By The Financial District
Jul 191 min read


Two Philippine Brands Stand Strong
Southeast Asia’s leading brands are growing more valuable, more resilient and increasingly capable of crossing borders. Yet for the Philippines, Kantar’s latest BrandZ ranking delivers both milestones and warnings.

By The Financial District
Jul 193 min read


Uber Finds a New Road Back to the Philippines
Eight years after Uber withdrew its ride-hailing service from the Philippines, the American technology company may be preparing for a return through a very different door.

By The Financial District
Jul 172 min read


IBM Shares Plunge as CEO Warns of Weak Quarter; Buffett and OpenAI Also Make Headlines
IBM shares plunged 35%, marking the company's worst single-day trading performance on record, after Chief Executive Officer Arvind Krishna warned investors that the company's second-quarter results were "worse than our expectations."

By The Financial District
Jul 171 min read
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