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03/07/2025

Activist Starboard Value takes stake in online travel company Tripadvisor, stock jumps


Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor , a person familiar with the matter said on Wednesday.


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Nike, other retailer stocks rise on Trump's trade deal with Vietnam to reduce tariffs


Shares of Nike and other apparel makers rose on Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country.


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Microsoft to cut about 4% of jobs amid hefty AI bets


Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure​​


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02/07/2025

Google hit with $314 million US verdict in cellular data class action


A jury in San Jose, California, said on Tuesday that Google misused customers' cell phone data and must pay more than $314.6 million to Android smartphone users in the state, according to an attorney for the plaintiffs.​​


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Ferrari unveils new 'Amalfi' petrol coupe ahead of EV launch



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Stellantis may close factories due to EU fines for carbon emissions



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01/07/2025

Bombardier secures $1.7 billion aircraft order with service deal


Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027.​​​​


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L'Oreal to acquire haircare brand Color Wow


French cosmetics giant L'Oreal said on Monday it had signed an agreement to acquire haircare brand Color Wow, as it seeks to tap rapid growth in premium hair products.​​


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Robinhood launches tokens allowing EU users to trade in US stocks


Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 U.S. stocks and exchange-traded funds, including Nvidia, Apple  and Microsoft 


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29/06/2025

Oil steadies after report of planned OPEC+ August output hike


Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the week in their biggest drop since March 2023.

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