Japanese brewing giant Asahi has disclosed that a September ransomware attack may have compromised personal information belonging to more than 1.5 million people, in what is emerging as one of the most disruptive cyber incidents to hit a major consumer goods company this year. The firm confirmed on Thursday that…
Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a potential bid for the German athletic brand. The stock’s sharp rise follows a Bloomberg report stating that Anta is working with advisers to explore an acquisition and could partner with private…
Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, a move a senator confirmed on Thursday despite fears it could violate European Union regulations.Lucio Malan, a Senator from Prime Minister Giorgia Meloni’s Brothers of Italy party,…
The White House claims that Trump’s “America First” policies are bringing in trillions of dollars in new investments into the US. They call this the “Trump Effect”. Numbers of up to $21 trillion are being thrown around. But behind these numbers sit very specific projects, diplomatic trades, and accounting tricks. Some are…
Britain’s largest student accommodation provider, Unite Group Plc, has seen its share price fall to its lowest level in more than ten years after issuing a stark outlook for the coming year. The company warned that earnings could drop by as much as 10% in fiscal 2026, the latest sign…
Severe floods in Thailand’s southern region are expected to slash rubber production in the world’s largest producer by up to 90,000 metric tons, a loss valued at 4.5 billion baht ($140 million), the national rubber authority announced on Thursday.Flooding has severely impacted Thailand’s rubber industry, the world’s largest producer and…
India’s defense sector is entering a transformative phase as New Delhi sets its sights on doubling military production to 3 trillion rupees (around $33 billion) by 2029.Plus, the government also aims to lift defense exports to 500 billion rupees as well – signalling a clear intent to position India as…
The FTSE 100 Index rose by nearly 1% as UK bond yields plunged, as the market reacted to the latest budget reading by Rachel Reeves. The index, which tracks the biggest UK companies, rose for the second consecutive day, reaching a high of £9,690, its highest level since November 17. FTSE…
Alibaba Group Holding Ltd. has entered a new phase of its AI expansion by releasing its first pair of smart glasses built on its Qwen models. The launch marks a significant step for the company as it moves deeper into consumer hardware and strengthens its position in China’s growing wearable…
The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high.Flutter Entertainment faces a £500 million headwindFlutter, the parent company of Fanduel,…