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Key Highlights Introduction: SoftBank Deepens Its Bet on Artificial Intelligence In a landmark funding move, SoftBank Group Corp has reportedly approved a $22.5 billion second tranche to complete its $30 billion investment in OpenAI, the U.S.-based artificial intelligence powerhouse behind ChatGPT and GPT-5, according to The Information. The decision, approved by the board, hinges on…
Key Highlights Here are the main takeaways from the recent market-moving events in Japan: Introduction Japan’s financial markets are experiencing a major shake-up. Following the election of Sanae Takaichi as the new LDP leader, the nation’s stock market soared to unprecedented heights. The benchmark Nikkei 225 index reacted with a powerful surge, reflecting investor optimism…
Grupo Televisa S.A., one of the most influential media companies in Latin America, has caught investors’ attention after Acadian Asset Management LLC nearly doubled its stake in the company.
Discover the strategy of Bosch is expected to lay off 13,000 workers amids rising competition and other challenges in the industry.
Google owner Company Alphabet has unveiled a massive £5bn AI investment. Discover its implications.
Grupo Televisa, under the leadership of Alfonso de Angoitia and Bernardo Gómez, remains a Buy as TelevisaUnivision works with YouTube TV to secure Univision’s place in its core bundle.
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply. Analysts warn that a larger output hike could push the market into surplus by 2025, keeping prices subdued.
Key Highlights Here’s a quick look at the major changes happening at Mount Sinai: Introduction Imagine a place so sacred that it’s central to three of the world’s major religions. That place is Mount Sinai, traditionally known as where Moses received the Ten Commandments. Now, this revered landscape in the Sinai Peninsula is set to…
A Brazilian labor court has ordered Volkswagen to pay $30 million in compensation for slave-like conditions suffered by workers.
Canada is rolling back a swath of retaliatory tariffs on U.S. imports effective September 1, lifting the 25% levy on many goods that comply with the existing free trade pact. Ottawa frames the move as a de-escalation ahead of next year’s CUSMA/USMCA review and a way to restart negotiations after a productive call between Prime Minister Mark Carney and President Donald Trump. Key sectors—autos, steel, and aluminum—remain protected with 25% tariffs for now. Consumers should see lower prices on items like orange juice and appliances, while import-reliant small businesses welcome relief. Labor groups and heavy industry, however, warn that maintaining pressure is essential as talks proceed.