30/07/2025 |
Visa beats quarterly estimates on resilient consumer spending but steady forecast drags sharesVisa beat Wall Street estimates for third-quarter profit and revenue on Tuesday, as the global payments processing company was helped by strong card spending volumes despite softness in the broader economy.
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Amazon-backed Skild AI unveils general-purpose AI model for multi-purpose robotsRead More |
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L'Oreal to push for tariff exemption as US market improvesL'Oreal warned on Tuesday that the EU's trade deal with the U.S. would be costly and that the cosmetics maker would push for tariff exemptions, even as it reported improving demand for its makeup and hair products in the key U.S. market.
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29/07/2025 |
Fed expected to keep rates unchanged as it sifts through mixed economic dataThe U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs.
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Visa, Mastercard set for higher profits on solid spending trendsVisa and Mastercard are expected to report higher quarterly profits this week on steady consumer spending, and analysts will scrutinize how demand for travel and discretionary purchases is shaping up in the face of tariff uncertainty.
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Warner Bros to get studio business after split, Discovery to house news, sports brandsWarner Bros Discovery said the two companies created by the separation of its studio, streaming and cable TV units would be named Warner Bros and Discovery Global, unwinding a merger in less than four years due to seismic shifts in the entertainment industry.
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28/07/2025 |
KKR in talks to buy ST Telemedia Global Data Centres, Bloomberg News reportsU.S. investment firm KKR is in talks to buy Singapore-based ST Telemedia Global Data Centres in a deal that could value the Asian infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.
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Women's dating app Tea reports 72,000 images stolen in security breachTea, an app that lets women anonymously comment and review dates with men, it has suffered a data breach, with hackers gaining access to 72,000 user images.
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Samsung Elec signs $16.5 billion contract to supply semiconductorsSamsung Electronics said on Monday it has signed a contract valued at $16.5 billion to supply semiconductors to a major global corporation.
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26/07/2025 |
Spear AI raises first round of funding to apply AI to submarine dataA startup founded by U.S. Navy veterans aiming to help the U.S. military use artificial intelligence to decipher data gathered by submarines has raised its first round of outside capital.
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