Apple Inc., based in the US, intends to introduce the Apple Upgrade device rental program on July 28, according to Bloomberg, which cites insiders. Sources indicate that the program will include the majority of iPhone, Mac, iPad, and Apple Watch models. The excluded items consist of the Apple Watch...

Samsung is negotiating to invest in Mistral, a French AI startup, according to the Financial Times (FT), which cites sources. FT's sources indicate that the upcoming funding round is likely to value Mistral at around €20 billion. According to the FT, Samsung had earlier invested in the startup via...

The European Commission imposed a €550 million fine on AliExpress, an online retail site owned by Chinese tech leader Alibaba Group Holding, for offering unsafe and counterfeit items. This is an unprecedented penalty for breaching the Digital Services Act (DSA). The EC states that AliExpress...

Chinese optical transceiver manufacturer Zhongji Innolight has been granted approval by the China Securities Regulatory Commission (CSRC) to go public on the Hong Kong Stock Exchange, according to a company announcement reported by Bloomberg. Sources close to the discussions indicate that the firm...

Netflix's latest earnings outlook has exposed a broader challenge confronting the world's largest subscription streaming platform: convincing investors that it can sustain premium growth after years of dominating the global streaming industry. Although the company continues to generate billions of...

BHP, the largest mining firm globally, decreased copper output by 3% for the fiscal year closing June 30, 2026. The company stated that the figure stood at 1.95 million tonnes, nearing last year's record high of 2.02 million tonnes. The firm's projection for copper output in the ongoing fiscal year...

American investment company BlackRock, the largest asset manager globally, raised its net profit in Q2 2026 by 20% and revenue by 31%, with adjusted earnings and revenue surpassing market forecasts, as stated in a press release. During the April-June timeframe, the company's net earnings amounted...

Online apparel seller Shein anticipates generating $2 billion to $3 billion in an initial public offering (IPO) in Hong Kong, according to Bloomberg, which cites sources knowledgeable about the negotiations. Per sources from the agency, Shein might conduct its IPO as soon as inAugust. They...

Apollo Global Management's decision to outbid rival investor Castlelake for easyJet has transformed what initially appeared to be a straightforward acquisition into one of the most closely watched corporate contests in European aviation. While Apollo's £5.7 billion offer secured the airline board's...