Category: World News

Defense Firms Turn to EIB as Energy Crisis Reshapes Europe’s Military Supply Chain

ASML Lifts 2026 Outlook on Surging AI Demand, Reinforcing Semiconductor Boom

AMSTERDAM, 15 April 2026 – ASML Holding N.V. has raised its 2026 revenue outlook following stronger-than-expected earnings, as surging demand for artificial intelligence (AI)...

Gold Holds Gains as Hopes for US-Iran Talks Ease Market Risks

SINGAPORE, 15 April 2026 – Gold prices held onto recent gains as renewed optimism over potential US-Iran negotiations helped ease geopolitical risk sentiment, even...

Meta and Broadcom Deepen AI Chip Partnership as Hock Tan Exits Board

MENLO PARK, 14 April 2026 – Meta Platforms has significantly expanded its partnership with Broadcom Inc. to develop custom artificial intelligence (AI) chips, marking...

AI Bots Now Dominate Internet Traffic, Says Lumen CEO in Warning to Businesses

Wall Street Learns to Live With War as Stocks Surge to Near Record Highs

NEW YORK, 14 April 2026 – Wall Street investors are increasingly tuning out geopolitical noise, with U.S. equities surging despite ongoing conflict in the...

Lucid Names Silvio Napoli as CEO, Shares Jump on Leadership Change

CALIFORNIA, 14 April 2026 — Lucid Group Inc. (NASDAQ:LCID) has appointed Silvio Napoli as its new chief executive officer, as the electric vehicle maker...

Amazon Signs US$11.57 Billion Deal with Globalstar to Challenge Starlink in Satellite Race

WASHINGTON, 14 April 2026 – Amazon has agreed to acquire satellite communications firm Globalstar in a deal valued at US$11.57 billion, marking one of...

Citigroup Profit Jumps 42% as Market Volatility Boosts Trading and Deal Activity

NEW YORK, 14 April 2026 — Citigroup Inc. (NYSE:C) reported a 42% jump in first-quarter profit, driven by heightened market volatility and strong investment...

PepsiCo Faces Pressure to Prove Elliott-Backed Turnaround Is Delivering Growth

LONDON, 14 April 2026 — PepsiCo Inc. (NASDAQ:PEP) is under pressure to show that its turnaround strategy is gaining traction, seven months after activist...

Amazon to Acquire Globalstar in US$11.57 Billion Deal to Challenge Starlink

SEATTLE, 14 April 2026 — Amazon.com Inc. (NASDAQ:AMZN) said it will acquire satellite communications firm Globalstar Inc. in a US$11.57 billion deal, strengthening its...

Publicis Posts 4.5% Organic Growth, Extends Lead in US and China Markets

PARIS, 14 April 2026 – Publicis Groupe reported 4.5% organic net revenue growth for the first quarter of 2026, maintaining its leadership position in...