Atlas Air Worldwide Holdings Inc., a leading global air cargo operator, revealed its biggest order for new planes, intending to expand its business further. The airline is set to acquire 20 A350 freighters from Airbus, with the possibility of acquiring 20 additional ones, Chief Executive Officer...

American streaming service Netflix Inc. has purchased InterPositive, a company that focuses on AI technologies used in making movies. The exact amount of the deal was not made public, but according to Bloomberg, which is quoting reliable sources, Netflix is expected to pay as much as $600 million....

Honda Motor Co. has revised its main financial predictions for the ongoing fiscal year ending in March and now anticipates an operating loss ranging from 270 billion to 570 billion yen ($1.7 billion-$3.6 billion), a decrease from its earlier projection of a profit of up to 550 billion yen, the...

Swiss UBS AG has requested a US court to restrict its liability for possible upcoming claims related to Credit Suisse, which it purchased in 2023, because of the acquired bank's potential connections to the Nazis during World War II, according to Reuters. UBS attorney David Burns requested Brooklyn...

Indian energy company Reliance Industries has acquired a minimum of 6 million barrels of Russian crude oil to be delivered in March. Reuters reports, based on information from two reliable sources, that the company bought multiple shipments of Russian Urals crude oil at prices that were between $1...

The Indian Premier League has entered a new phase of global financial magnetism, with U.S. billionaire investor David Blitzer emerging as a serious contender for a controlling stake in one of its marquee franchises. His reported due diligence on Royal Challengers Bengaluru and Rajasthan Royals...

De Beers increased the prices of large diamonds during its regular auction, which took place this week in Botswana, as reported by the industry news agency Rapaport. This action shows a significant lack of diamonds that are 5 carats or bigger, as cutters are fighting for available supplies due to...

Japanese Panasonic Entertainment & Communication (PEAC), which is part of Panasonic's entertainment and communications division, has announced that it will hand over responsibility for sales, marketing, and logistics in Europe to Shenzhen Skyworth Display Technology Company, a Chinese company....

According to CNBC, which is citing an anonymous source, Nvidia Corp. is considering investing as much as $30 billion into the artificial intelligence startup OpenAI. This potential investment could lead to a pre-money valuation of OpenAI reaching up to $730 billion. According to the source, this...