Chinese sports equipment maker Anta Sports Products Ltd. is acquiring a 29.06% share in the German company Puma SE for a total of 1.5 billion euros. Anta disclosed this to the Hong Kong Stock Exchange, stating that it will purchase 43.015 million shares of Puma at a price of 35 euros each from...

Venezuela seeks to boost its oil production by at least 18% in 2026 when compared to the levels in 2025, as stated by the state-run company Petróleos de Venezuela S.A. (PDVSA). This declaration was made by PDVSA's Chief Executive Officer, Hector Obregón, during public talks on the revision of the...

Fintech startup Revolut has decided to stop its plan to purchase a US bank and instead aims to apply for a banking license in the United States, according to a report by the Financial Times. The newspaper's sources indicate that Revolut is currently discussing with US officials the possibility of...

Bayer's stock went up by 8.4% in German trading, reaching a high of €44.98, according to trading data. This was the biggest increase since early December 2025, as reported by Bloomberg. The rise in Bayer's stock happened after the US Supreme Court said it would hear the company's appeal in the...

The state-owned telecommunications company Viettel has started building Vietnam's first semiconductor manufacturing facility. According to a statement from the company, the construction is expected to be completed and pilot production will begin by the end of 2027. The construction is happening...

German car company Porsche has decreased its 2025 sales target by 10% due to a slower pace in the Chinese car market and the ending of the 718 Boxster and 718 Cayman models. Porsche stated that it sold 279,449 cars in the previous year, which is less than the 310,718 sold in 2024. Car sales in...

Investors who bought bonds from software company Oracle have taken legal action in a New York state court, claiming the company caused them financial losses, according to Reuters, which is referencing the legal documents. The plaintiffs purchased Oracle bonds during an $18 billion bond offering in...

Germany's Audi has lowered its 2025 vehicle delivery targets by 2.9%, citing a drop in demand in North America and China, according to the company's statement. In total, Audi delivered 1.62 million vehicles in 2025, which is a decrease from the 1.67 million units delivered in the previous year....

Chinese automaker Geely is reportedly planning to enter the US market, as reported by The Wall Street Journal. According to Ash Sutcliffe, Geely's global communications director, the company may announce its move into the US within the next two to three years. Sutcliffe mentioned during an...