Business News, AI-Analyzed
The latest Business stories — decoded across 19 dimensions.
Alibaba develops larger AI models and new powerful chip
At Alibaba Cloud's Apsara conference, the company said its Qwen team plans models scaling to 5 trillion to 10 trillion parameters, up from the…
3 min read
EU and Philippines reach substantial agreement on free trade deal
The European Union and the Philippines have reached a substantial preliminary agreement on a new free trade deal intended to deepen bilateral…
3 min read
RBI issues final Basel III market risk capital rules
The Reserve Bank of India has issued final directions on minimum capital requirements for market risk, to take effect on April 1, 2027, aligning…
3 min read
ECB launches Pontes to link DLT securities with central bank money
The European Central Bank launched Pontes, a link that lets transactions recorded on distributed ledgers settle using euro central bank money via the…
6 min read
Korea Zinc passes US defense environmental review
Korea Zinc's $7.4 billion Project Crucible cleared a key U.S. environmental milestone after the Defense Department completed its Final Environmental…
2 min read
SoftBank raises $11 billion via dollar and euro bonds
SoftBank Group launched $10 billion of dollar-denominated senior unsecured notes and €1 billion of euro-denominated notes to finance its $10 billion…
2 min read
Telix announces acquisition of ITM in radioisotope merger
Telix Pharmaceuticals has agreed to acquire 100% of ITM for US$1.65 billion upfront on a cash-free/debt-free basis, with about US$1.25 billion in…
3 min read
Qatar prime minister outlines investment plan and calls for regional framework
Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani told the Qatar Economic Forum in New York that recent regional events were an "earthquake" whose…
3 min read
Venezuela signs memorandum with TotalEnergies amid diplomatic reopenings
Venezuela's acting president Delcy Rodríguez signed a memorandum of understanding with TotalEnergies on 19 September, Reuters reported, while a US…
4 min read
China probes major online travel and hotel-booking platforms
China's market regulator in Beijing has opened probes into multiple online travel and hotel-booking platforms, including a Meituan unit, an…
3 min read
Tata Steel seeks more UK government funding
Sky News reported that Tata Steel has asked Whitehall for additional UK government funding, possibly amounting to hundreds of millions of pounds, as…
3 min read
FedEx-led consortium completes InPost takeover
A FedEx- and Advent-led consortium secured about 89.81% of Polish parcel-locker operator InPost by the September 18 deadline, paying €15.60 per share…
4 min read
Solidigm weighs U.S. NAND factory in upstate New York
SK Hynix-owned Solidigm is considering a U.S. NAND fabrication plant with upstate New York reported as the leading candidate, though no agreement…
5 min read
Hungary says it can replace Russian gas within a year
Hungary's economy and energy minister István Kapitány said on Sept. 18 that the country could replace Russian gas within a year, noting that existing…
3 min read
Warren Buffett steps down as Berkshire Hathaway chairman
Warren Buffett has stepped down as chairman of Berkshire Hathaway and become chairman emeritus, the company said on September 18, and he will remain…
3 min read
Bank of Japan raises policy rate to 1.25%
The Bank of Japan raised its policy rate to 1.25 percent from 1 percent in a 7-2 vote, with governor Kazuo Ueda saying the bank has shifted focus to…
5 min read
Middle East war pushes up energy and global borrowing costs
Global energy prices and government borrowing costs have risen after the Middle East war, with oil futures above $100 a barrel and bond yields…
5 min read
EU presses China for trade concessions after commission call
European Commission officials increased pressure on China after a one-hour video call between Trade Commissioner Maroš Šefčovič and Chinese…
3 min read
World Bank attracts US$112 billion in private capital
The World Bank said it mobilised US$112 billion in private capital in the year ended June, up from US$69 billion a year earlier and more than triple…
4 min read
EU urges China to limit hybrid car exports
The European Union has asked China to voluntarily restrict exports of hybrid cars to the EU to avoid new tariffs, saying it seeks to prevent…
3 min read
Huawei advances AI chip launches and interconnect system
Huawei announced accelerated release dates for two Ascend 960 series AI chips, bringing the 960DT to the first quarter and the 960PR to the third…
3 min read
Cohere to merge with Aleph Alpha to create transatlantic AI provider
Cohere and Aleph Alpha signed a definitive business combination agreement to form a unified company operating as Cohere with dual headquarters in…
5 min read
Banks line up to finance European AI data-center debt
JPMorgan Chase and Goldman Sachs are among major banks assembling specialist teams to underwrite European data-center and AI-related debt as the…
4 min read
Renault and Geely boost Brazil investment by 2bn reais
Renault and Chinese partner Geely pledged an additional 2bn reais to their Brazilian joint venture, raising total committed investment to 5.8bn reais…
2 min read