Business news


Sabadell's Board Tells Shareholders to Reject BBVA's Hostile Takeover Bid

Sabadell's Board Tells Shareholders to Reject BBVA's Hostile Takeover Bid

Spanish bank Sabadell's board unanimously recommended its shareholders reject BBVA's hostile takeover bid on Friday, a move that may add pressure on the rival to increase its offer. BBVA formally launched its 15.3 billion euro ($17.97 billion) bid for Sabadell on Monda...


September 12, 2025
Giorgio Armani Foundation to Propose new CEO, Keep 30% Stake
Giorgio Armani Foundation to Propose new CEO, Keep 30% Stake

The Giorgio Armani foundation, set up in 2016 and the key pillar of the Italian designer's succession, will propose the name of the...

Ocado Shares Plunge 13% as US Partner Kroger Rethinks Warehouse Strategy
Ocado Shares Plunge 13% as US Partner Kroger Rethinks Warehouse Strategy

Shares in Ocado, the online supermarket and technology group, fell sharply on Friday after U.S. partner Kroger signalled a potential retreat...

Lufthansa Group is more Closely Integrating Subsidiaries
Lufthansa Group is more Closely Integrating Subsidiaries

Germany's Lufthansa Group said on Friday it was more closely integrating its European subsidiaries, such as Austrian Airlines and Swiss,...

Swatch Sells Watch Lampooning Trump's 39% Tariffs on Switzerland
Swatch Sells Watch Lampooning Trump's 39% Tariffs on Switzerland

Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39%...

Alibaba, Baidu Begin Using Own Chips to Train AI Models, The Information
Alibaba, Baidu Begin Using Own Chips to Train AI Models, The Information

China's Alibaba and Baidu have started using internally designed chips to train their AI models, partly replacing those made by...

September 11, 2025
Kraft Heinz Split May Come too Late to Fend Off Growing MAHA Threat
Kraft Heinz Split May Come too Late to Fend Off Growing MAHA Threat

Kraft Heinz's announcement this month that it would split was a belated acknowledgment that the Velveeta cheese and Heinz ketchup maker...

Blockchain Lender Figure Raises $787.5 Million in US IPO
Blockchain Lender Figure Raises $787.5 Million in US IPO

Stablecoin issuer Figure Technology, along with some of its existing investors, raised $787.5 million in a U.S. initial public offering on...

September 10, 2025
Embraer Announces Order of 50 E195-E2 Jets to Avelo Airlines.
Embraer Announces Order of 50 E195-E2 Jets to Avelo Airlines.

WASHINGTON, Sept 10 (Reuters) - Embraer said on Wednesday it has reached a deal for 50 firm orders and purchase rights for another 50 with...

BlackRock-Led Group in Talks to Raise around $10.3B for Aramco Deal, Sources
BlackRock-Led Group in Talks to Raise around $10.3B for Aramco Deal, Sources

A group of investors led by BlackRock's Global Infrastructure Partners is in talks with lenders to secure up to $10.3 billion in financing for...

Amazon's Zoox Robotaxi Opens to Public with Free Service in Las Vegas
Amazon's Zoox Robotaxi Opens to Public with Free Service in Las Vegas

Amazon.com-owned Zoox on Wednesday began offering robotaxi rides to the public for free on and around the Las Vegas Strip as it waits for...

Zijin Gold Targets over $30B Valuation in Hong Kong IPO, Sources
Zijin Gold Targets over $30B Valuation in Hong Kong IPO, Sources

Zijin Gold International, a wholly-owned unit of China's mining giant Zijin Mining, is planning to start bookbuilding for its Hong Kong initial...

Indian Home Services Platform Urban Company's IPO Subscribed within Hours of Launch
Indian Home Services Platform Urban Company's IPO Subscribed within Hours of Launch

Indian home services marketplace Urban Company's URBN.NS 19 billion rupees ($216 million) initial public offering (IPO) was fully subscribed...

September 9, 2025
Beauty group Puig's 1st-Half Profit Up 79%, it Tackles US Tariffs
Beauty group Puig's 1st-Half Profit Up 79%, it Tackles US Tariffs

Spanish beauty company Puig, known for its perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, said on Tuesday its first-half profit...

Unilever Expects Magnum Ice Cream Sales Growth of 3-5% after Spin-Off
Unilever Expects Magnum Ice Cream Sales Growth of 3-5% after Spin-Off

Unilever's Magnum-led ice cream unit that it is spinning off will see average annual organic sales growth of 3-5% in the medium-term from...

Blackstone's Spanish Gambling Company Cirsa Hit by Currency Swings
Blackstone's Spanish Gambling Company Cirsa Hit by Currency Swings

Spanish gambling company Cirsa said on Tuesday its second quarter net profit fell 11%, as its casino business was hit by weakness in the...

China Accuses Dior's Shanghai Branch of Illegal Data Transfer
China Accuses Dior's Shanghai Branch of Illegal Data Transfer

Dior's Shanghai branch has transferred customers' personal data to its headquarters in France illegally, leading to a data leak in May,...

UK's Dunelm Says no Clear Signs of Consumer Recovery in new Fiscal Year
UK's Dunelm Says no Clear Signs of Consumer Recovery in new Fiscal Year

British homeware retailer Dunelm Group said on Tuesday it was yet to see signs of a sustained consumer recovery in the market, but said it was...

Novartis to Acquire Tourmaline Bio for $1.4 Billion
Novartis to Acquire Tourmaline Bio for $1.4 Billion

Novartis will acquire Tourmaline Bio for $48 per share, valuing the New York-based biopharmaceutical company at $1.4 billion on a fully...

SpaceX Buys Wireless Spectrum from EchoStar in $17 bln Deal
SpaceX Buys Wireless Spectrum from EchoStar in $17 bln Deal

Elon Musk's SpaceX said Monday it will buy wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17...

Ticketing Platform StubHub Eyes Up to $9B Valuation in US IPO
Ticketing Platform StubHub Eyes Up to $9B Valuation in US IPO

Madrone Partners-backed StubHub is targeting a valuation of up to $9.2 billion in its U.S. initial public offering, the ticket reseller said on...

September 8, 2025
Rosatom and Gazprom Explore Sales of Chinese 'Panda' Bonds
Rosatom and Gazprom Explore Sales of Chinese 'Panda' Bonds

Top Russian companies including Russia's vast nuclear corporation Rosatom and giant gas concern Gazprom are exploring sales of yuan-denominated...

Databricks Projects $4B in Annualized Revenue on Surging AI Demand
Databricks Projects $4B in Annualized Revenue on Surging AI Demand

Analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue, up more than 50% from the prior year, on the back...

Hong Kong's HashKey to Launch $500 mln Digital Treasury Fund
Hong Kong's HashKey to Launch $500 mln Digital Treasury Fund

HashKey Group will launch its inaugural Digital Asset Treasury (DAT) focused fund with an initial target size of $500 million, the Hong Kong-based...

HSBC, Deutsche Bank Push Back BoE Rate Cut Forecasts as Inflation Clouds Outlook
HSBC, Deutsche Bank Push Back BoE Rate Cut Forecasts as Inflation Clouds Outlook

HSBC and Deutsche Bank on Monday pushed back their forecasts for Bank of England rate cuts, citing persistently high inflation and growing...

Chevron Seeks Diversified Approach to Refinery Investment
Chevron Seeks Diversified Approach to Refinery Investment

Chevron is looking to have a balanced portfolio of refineries, Brant Fish, the U.S. major's president, international products, said at the...

Spain's BBVA Launches 14.8B Euro Takeover Bid for Sabadell
Spain's BBVA Launches 14.8B Euro Takeover Bid for Sabadell

Spain's BBVA on Monday formally launched a 14.8 billion euros ($17.34 billion) hostile takeover bid for smaller rival...

September 5, 2025
Qantas Tightens Purse Strings on Executive Pay after Data Breach Fallout
Qantas Tightens Purse Strings on Executive Pay after Data Breach Fallout

Australia's Qantas Airways said on Friday it had lowered bonuses for its CEO and her team as the airline shoulders responsibility for...

Lululemon Slides as Weak US Demand, Tariff Costs cloud Holiday Outlook
Lululemon Slides as Weak US Demand, Tariff Costs cloud Holiday Outlook

Lululemon Athletica's shares slumped 20% in early trading on Friday after the Canadian yogawear retailer signaled a tepid holiday season,...

Qualcomm, BMW Launch Automated Driving System to Better Compete in Growing Market
Qualcomm, BMW Launch Automated Driving System to Better Compete in Growing Market

U.S. chip company Qualcomm and German luxury automaker BMW announced an automated driving system on Friday, which could help attract...

Brazil's Vale Reopens Key Mine, Plans to Invest $12B in Minas Gerais
Brazil's Vale Reopens Key Mine, Plans to Invest $12B in Minas Gerais

(Reuters) - Brazilian miner Vale said on Thursday it will invest 67 billion reais ($12.36 billion) in its mining operations in Minas Gerais...

September 4, 2025
American Eagle Rides High on Sydney Sweeney Ad Buzz
American Eagle Rides High on Sydney Sweeney Ad Buzz

American Eagle is proving that there's no such thing as bad publicity. The company's shares jumped 33% on Thursday, fuelled by...

UK's Lloyds to Put Thousands of Staff at Risk of Dismissal
UK's Lloyds to Put Thousands of Staff at Risk of Dismissal

Around 3,000 people at Britain's Lloyds Banking Group, judged to be among the bottom 5%, will find themselves considered for possible...

Japan's SoftBank Cuts Stake in India's Ola Electric to 15.7%
Japan's SoftBank Cuts Stake in India's Ola Electric to 15.7%

Japan's SoftBank Group has lowered its shareholding in Indian electric scooter maker Ola Electric to 15.68% from 17.83%, after...

Amazon Completes Axio Acquisition, Secures Direct Lending License in India
Amazon Completes Axio Acquisition, Secures Direct Lending License in India

Amazon said on Thursday that it has completed the acquisition of Bengaluru-based non-bank lender Axio for an undisclosed amount, securing a...

Sanofi Shares Sink 10% on Weak Trial Results for Experimental Inflammation Drug
Sanofi Shares Sink 10% on Weak Trial Results for Experimental Inflammation Drug

Shares in French drugmaker Sanofi fell more than 9% on Thursday after late-stage trial data for its experimental inflammatory disease drug...

September 3, 2025
Starbucks Rolls Out AI for Inventory Counting
Starbucks Rolls Out AI for Inventory Counting

Starbucks is rolling out a new system for counting inventory that uses artificial intelligence technology to its more than 11,000...

Campbell's to Eliminate Synthetic Food Colors by 2026, Warns of Tariff Hit
Campbell's to Eliminate Synthetic Food Colors by 2026, Warns of Tariff Hit

Campbell's Co on Wednesday said it will remove synthetic dyes from its food and beverage portfolio starting in fiscal 2026 and forecast...

Shell Scraps Plans for Biofuels Facility in Rotterdam
Shell Scraps Plans for Biofuels Facility in Rotterdam

Shell will not resume construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam after an in-depth evaluation...

Winklevoss Twins-Bbacked Bitcoin Treasury Firm to List in Amsterdam
Winklevoss Twins-Bbacked Bitcoin Treasury Firm to List in Amsterdam

Netherlands-based Treasury, a bitcoin treasury company backed by the US billionaire Winklevoss twins, said on Wednesday it plans to list in...

Blackstone Buys $819 Million Trophy Paris Office
Blackstone Buys $819 Million Trophy Paris Office

Blackstone confirmed on Wednesday it had bought a trophy office building in central Paris for about 700 million euros ($819 million), in a...

September 2, 2025
Kraft Heinz Splits, Unwinding Merger that never Paid Off
Kraft Heinz Splits, Unwinding Merger that never Paid Off

Kraft Heinz will split into two companies, one focused on groceries and the other on sauces and spreads, it said on Tuesday, dismantling a...

US Revokes TSMC's Fast-Track China Export Status, Controls Tighten
US Revokes TSMC's Fast-Track China Export Status, Controls Tighten

The U.S. has revoked Taiwan Semiconductor Manufacturing Co's authorization to ship key equipment to its main China facility, the chip...


Business as the main participant of transactions in the Forex and stock markets

Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.

Business as the foundation of intensive development of the economy and financial markets

The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.

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