American healthcare company Johnson & Johnson has finalized a deal to resolve the outstanding lawsuits connected to the use of talc in its products. A press release states that the deal was made with attorneys representing the plaintiffs. Johnson & Johnson has consented to disburse a sum...

Artificial intelligence firms in the US are investing unprecedented sums in lobbying efforts in Washington, aiming to curb regulation and influence guidelines for data centers and the assessment of sophisticated models, the Financial Times noted, referencing official documents. These reports...

Billionaire Amancio Ortega, the founder of Inditex SA, one of the biggest clothing retailers globally, has purchased an office building in Paris, marking the largest office real estate deal in Europe since 2022. Pontegadea, the wealthy asset manager, acquired the Capital 8 complex for around €800...

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...