Today: October 20, 2026
Today: October 20, 2026

investment

Business|Economy|Finance

Mattel chief Kreiz to step down, join Paramount Skydance as co-CEO

Mattel's longtime CEO Ynon Kreiz, who led the toymaker's transformation into a broader entertainment company, is stepping down and will join Paramount Skydance as

Business|Economy|Science|Technology

ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demand

ElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, twice the valuation it secured in its

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Caterpillar to invest $1 billion in North Carolina manufacturing capacity

Caterpillar said on Wednesday it plans to invest about $1 billion in North Carolina to expand manufacturing capacity for its compact equipment business amid rising customer demand.

Business|Economy|Science|Technology

TSMC evaluates potential Texas investment, sources say

Taiwan's TSMC, the world's largest contract chipmaker, is evaluating a potential investment in Texas to expand chip production in the US,

Business|Economy|Education|Environment|Finance|Science|Technology

Citadel's Griffin donates $3 billion to Carnegie Mellon with plans for Miami campus

Billionaire investor Ken Griffin is donating $3 billion to Carnegie Mellon University to build a new campus in Miami and support initiatives at its

Business|Economy|Technology

Chinese factory activity expands in September amid AI boom

China's factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed

Business|Finance|Science|Technology

OpenAI targets $30 billion funding at $1.4 trillion valuation, Bloomberg News reports

OpenAI aims to raise at least $30 billion in a funding round and is seeking a valuation of about $1.4 trillion, not including the money raised, Bloomberg News reported on Tuesday,

Business|Economy|Technology

RTX's Collins Aerospace to expand Iowa plant that makes engine components

RTX said on Tuesday that its aerospace and defense systems unit, Collins Aerospace, will expand its aircraft engine components facility in West Des Moines, Iowa, by 14,000 square

Business|Environment|Science|Technology

Oil and gas industry expected surplus – but war brought shortage instead

Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.

Business|Economy|Political

Cuba's top trade official says US impeding reforms, denies talks with Trump associates

Cuba's top trade official dismissed reports that companies linked to US President Donald Trump had come to Cuba this year to talk business, while calling

Business|Economy|Science|Technology

Anthropic warns AI may pose 'existential risks to humanity' in IPO filing

Anthropic plans to caution potential investors in its IPO that advanced AI could pose "catastrophic or existential risks to humanity," an extraordinary

Business|Economy

Trump unveils $15 billion planned Iowa steel project

US President Donald Trump on Monday said that a Minnesota company plans to build a multi-billion-dollar steel mill in Iowa, handing the

Economy|Political|World

Chile's Kast unveils $1.3 billion plan to create 100,000 jobs

SANTIAGO, Sept.

Business|Economy|Science|Technology

Cerebras to supply AI systems to cloud computing startup Gimlet Labs

By Max A.

Business|Economy

China's cabinet pledges stronger policy support to meet growth target

China's cabinet pledged on Monday to step up counter-cyclical policy support to address rising economic strains, signalling greater urgency to shore up growth and keep the

Business|Economy|Technology

Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada's Draganfly

Donald Trump Jr.-backed Unusual Machines and an unnamed US asset management company have invested $10 million in Canadian drone services firm Draganfly, as

Business|Economy|World

PepsiCo will invest $1 billion in Colombia over next five years, president says

PepsiCo will invest $1 billion in Colombia over the next five years, the South American nation's President Abelardo De La Espriella said on Sunday.

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Deputy chair of Turkey's AK Party resigns after trading allegation amid funds crisis

A deputy chair of President Tayyip Erdogan's ruling AK Party stepped down after an opposition politician accused her of making a large profit on shares just before a funds

Business|Economy|Finance

A reprieve from rising oil prices helps US stocks finish the week higher

A cooldown in oil prices helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three

Business|Economy|Finance|Technology

RedBird Capital to acquire majority stake in Puck at $250 million valuation, memo says

RedBird Capital Partners has agreed to acquire a majority stake in Puck in a deal valuing the five-year-old newsletter startup at about $250 million, according to a memo seen by

Business|Economy|Finance|Technology

Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake

Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake

Business|Economy|Finance|Stock Markets|US|World

Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations

The dollar hit a fresh two-month high on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes

Economy|Europe|Political

Europe needs 'decisive change' in defence efforts to face Russia threat, EU agency says

The European Union is not rearming quickly or effectively enough to meet its goal of being ready to defend against Russia by 2030, according to the

Business|Technology

Honda plans to invest $2.5 billion to build hybrid vehicle plant in Ohio, Nikkei says

Japan's Honda Motor is in the final stages of preparations to build a new hybrid vehicle production plant in Ohio, the Nikkei business daily said on Thursday.

Business|Economy|Political|World

US will make up to $7 billion in loans to help Trump ally Milei tap Argentina’s oil and minerals

The Trump administration wants to put billions of dollars into Argentina’s energy and mining industries

Business|Economy|Finance

McDonald’s bets $8.5 billion on a sweeping restaurant makeover and new protein-focused menu

McDonald’s said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally

Africa|Americas|Arts|Asia|Economy|Environment|Europe|MidEast

Hungarian bond bulls bet on euro path as central bank cuts inflation target

The Hungarian central bank's move to lower its inflation target has sent a fresh signal to investors that the new government in

Business|Finance|Technology|World

Microsoft plans $10 billion-plus Gulf investment with focus on resilience

Microsoft is planning to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait between now and 2030, including in

Business|Finance|Technology

Grab execs buy back shares after stock hits 3-year low on Atome deal

Top executives of Grab bought more than $30 million worth of company shares this week after the Singapore-based ride hailing and financial service firm's stock slumped

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Trump meets Venezuela's Rodriguez for first time since Maduro's capture

US President Donald Trump met Venezuela's interim President Delcy Rodriguez late on Tuesday on the sidelines of the UN General Assembly,

Business|Economy|Finance|Stock Markets

Wall Street holds near its record after Brent oil falls below $100 per barrel

The U.S. stock market held near its record high after oil prices eased again

Business|Economy|Interview|World

Canada says Philippines, ASEAN trade talks 90% complete, eyes November finish

Canada's trade minister said on Tuesday that negotiations on separate free trade agreements with the Philippines and ASEAN are more than 90% complete, with Ottawa pushing

Business|Economy|Finance|Science|Stock Markets|Technology|US

Smart ring maker Oura eyes $15.6 billion IPO valuation in fall listings demand test

Oura kicked off the roadshow for its US initial public offering on Monday, targeting a fully-diluted valuation of $15.62 billion as the smart ring maker tests

Business|Finance|Technology

SoftBank launches $11 billion bonds to fund OpenAI investment

SoftBank Group Corp has launched the sale of $10 billion and €1 billion ($1.15 billion) denominated senior unsecured notes to fund its

Arts|Business|Entertainment|Finance

Paramount, California AG discuss concessions including $1.5 billion investment, WSJ reports

Paramount and California's attorney general have discussed a range of concessions in advanced settlement negotiations, including a $1.5 billion investment in production in the

Science|Technology

OpenAI forecasts cash burn near $280 billion by 2030, FT reports

OpenAI expects to burn through $278 billion in cash between 2026 and 2030 as it ramps up spending on computing power and infrastructure, the Financial Times reported on Friday,

Arts

Carney says Canada is ‘strong’ as US borrowing costs rise and Europe ties deepen

Canadian Prime Minister Mark Carney has returned from Europe and cast Canada as moving quickly beyond its historic reliance on the United States

Arts|Business|Finance

Warren Buffett's road to investing glory

Warren Buffett, Berkshire Hathaway's former CEO and legendary investor, is stepping down as its chairman, marking the end of his executive duties at the firm he

Arts

Cross-border property investment jumped 56% in first half, data shows

Cross-border investment into commercial property globally jumped 56% to $71.8 billion in the first half of this year, driven by more deals in Asia and

Arts|Business|Economy|Finance|Stock Markets|US

US stocks rally to their best day in 6 weeks after oil prices and bond yields ease

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased

Business|Economy|Finance|Science|Technology

AI infrastructure provider Crusoe valued at $30.9 billion in latest funding round

AI infrastructure provider Crusoe said on Thursday it has raised $3.9 billion at a post-money valuation of $30.9 billion, as demand for computing capacity to power AI workloads

Arts|Economy|Environment|Finance|Science|Technology

World Bank boosts private capital mobilization to record $112 billion

The World Bank on Thursday said it attracted $112 billion in private capital in the year ended June versus $69 billion a year earlier, and more than

Business|Economy|Finance

Apollo explores sale options for floating LNG infrastructure operator Energos, sources say

Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider

Business|Economy|Finance|Stock Markets

FTSE indexes gain after BoE holds rates steady, pauses gilt sales

The main UK indexes rose to their highest in over a week on Thursday after the Bank of England kept interest rates unchanged as expected, and said it would halt sales of long-dated

Business|Economy|Finance

Beretta Holding launches offer to raise stake in Sturm Ruger

Beretta Holding, the owner of historic Italian gunmaker Beretta, has launched an offer to more than double its stake in U.S. sporting firearm manufacturer Sturm, Ruger & Co.

Business|Environment|Finance|Technology

Brookfield to invest up to $600 million in India's ACME green fuels business

US alternative asset manager Brookfield will invest up to $600 million in India's ACME Cleantech Ventures to help the company develop and build green ammonia and green

Business|Economy|Finance

Dollar's allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll

Bearish sentiment towards most emerging Asian currencies deepened, a Reuters poll showed on Thursday, as investors contended with the twin headwinds of escalating

Business|Finance|Technology

US DFC approves €85 million loan to Ukraine's DTEK

The U.S.

Business|Economy

US firm Heeney Capital to operate Venezuela gold mine, Continental seeks to enter oil project

Venezuelan authorities signed deals on Wednesday granting New York-headquartered investment firm Heeney Capital operational and

Business|Science|Technology

Cohere, Aleph Alpha combine to target enterprise AI market

Canada's Cohere and Germany's Aleph Alpha signed a definitive merger agreement on Wednesday, the AI companies

Asia|Business|Economy|Technology|World

Hong Kong's first five-year plan aims to add jobs, homes

Hong Kong leader John Lee unveiled the city's first five-year plan on Wednesday, aiming to boost residents' livelihoods and cement its

Business|Finance|Technology

OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports

OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about $1.2 trillion before it goes public

Arts

Carney says Canada can wait for the right conditions in Trump trade war and emerge stronger

Canadian Prime Minister Mark Carney says Canada intends to emerge from its trade war with U.S. President Donald Trump “stronger, more resilient, more independent,” while telling Washington that future cooperation must be based on respect for each country’s sovereignty

Arts|Economy

Goldman Sachs asset arm raises $11.7 billion in private equity funds

Goldman Sachs' asset management said on Tuesday its alternatives unit has raised $11.7 billion across its latest private equity funds and related vehicles.

Business|Economy|Finance

Coca-Cola to invest $10 billion in US infrastructure by 2030

Coca-Cola on Tuesday said it plans to invest $10 billion in infrastructure in the U.S., one of its biggest markets, from 2026 through 2030. 

Arts|Business

Carney heads to Europe for high-stakes speech and deeper EU ties as Canada clashes with Trump

Canadian Prime Minister Mark Carney is heading to Europe seeking deeper ties with the European Union as Canada’s trade war with President Donald Trump intensifies

Arts|Business|Economy|Finance|Stock Markets|World

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors

Aliko Dangote, Africa's richest man, is opening a portion of his refinery to public ownership in Africa's biggest initial public offering

Economy|Political|World

BRICS leaders voice concern over Middle East, condemn unilateral sanctions at India summit

Leaders of the BRICS nations have expressed concern over rising tensions in the Middle East and condemned sanctions not authorized by the U.N. The leaders met in New Delhi on Saturday to strengthen their global position

Business|Economy|Finance|World

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update

The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week

Business|Economy|Finance

Know your bonds: A quick guide to Treasuries

Know your bonds: A quick guide to Treasuries

Economy|Environment|Science|Technology

Tech companies look to Argentina’s windswept Patagonia to build massive data centers

Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's

Business|Economy|Political

UK finance minister Healey seeks to set out brighter vision before tough budget

Britain's finance minister, John Healey, used his first major speech since taking office seven weeks ago to try to set out a brighter vision for the

Business|Technology|World

South Korea, US agree on more than $20 billion gas plant investment in Texas, media reports

South Korea and the United States have agreed on the size of Seoul's planned investment in a gas project in Texas at around $22.3 billion, Korean media outlet Edaily reported

Asia|Business|Economy|Science|Technology|World

Taiwan flexes chip diplomacy muscles as it faces pressure to share AI wealth with allies

Taiwan flexed its chip diplomacy muscles at a major trade show last week, portraying itself as a democratic and reliable supplier for the AI

Business|Finance|Science|Stock Markets|Technology|US

Anthropic IPO launch shifts toward mid-October, sources say

By Echo Wang Sept 4 - Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest and complete the listing days before the U.S. midterm elections in November,

Business|Economy|Finance

Britain eases infrastructure approval rules to boost investment

Britain's Treasury said on Friday that it would lower a key rate used to evaluate the long-term benefits of investment in public infrastructure projects as part of plans to boost

Business|Economy|Finance|Stock Markets|Technology

Nscale seeks about $3.5 billion pre-IPO funding, source says

Cloud infrastructure provider Nscale is in talks with potential investors to raise about $3.5 billion in pre-IPO funding, a source familiar

Arts|Business|Fashion and Beauty

One year after its founder's death, Armani faces challenge of 'inevitable evolution'

One year after the death of founder Giorgio Armani, the Italian fashion house is entering a pivotal period as the clock starts ticking on

Economy|Finance

Japan budget requests swell to pandemic-era scale under Takaichi

Japan's budget requests for the next fiscal year have ballooned to a size similar to during the pandemic era, as Prime Minister Sanae

Africa|Americas|Arts|Asia|Economy|Europe|MidEast

US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?

US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?

Business

Cuba rolls out more free-market reforms amid US pressure

Cuba unveiled regulations on Thursday aimed at attracting foreign investment, trade and tourism to the Caribbean island as it continues to adopt free-market

Business|Economy|Finance|Technology

Adobe names insider Chakravarthy CEO, Narayen transitions to executive chair

Adobe named Anil Chakravarthy as successor to long-time CEO Shantanu Narayen on Thursday, charging the insider with taking on a wave of new AI rivals threatening its design software

Business|Economy|Finance

Main points of Volkswagen's restructuring plan

Volkswagen AG's supervisory board agreed to a comprehensive restructuring plan dubbed "Future Plan 2030" which it said was essential to restore competitiveness and secure

Business|Economy|Finance

China deploys first 2026 policy financing funds to spur investment

China Development Bank has disbursed 460 million yuan ($68.47 million) under the first tranche of China's 2026 policy-based financing tool, state media reported on Thursday