Novartis AG (NOVN.S) has significantly increased its stockpiles of pharmaceuticals in the United States and is positioning itself to withstand potential tariffs, Chief Executive Officer Vas Narasimhan said in a recent interview. The move comes amid growing concern over US trade measures that could affect imports from Switzerland and the…
This week’s top stories shake tech, media, and the economy. From Trump’s controversial $100K H-1B visa fee and Nvidia’s $5 billion Intel investment to China blocking Nvidia’s AI chips, the headlines are packed with high-stakes developments. In media, Jimmy Kimmel’s show faces suspension, while the Federal Reserve cuts rates amid…
The White House confirmed a groundbreaking deal to keep TikTok’s American operations largely under US control, with Oracle stepping up to lead the charge on algorithm oversight. While speaking at Fox News, White House Press Secretary Karoline Leavitt emphasized that the move ensures user data stays secure and that American…
In a high-profile announcement coinciding with President Donald Trump’s state visit to Britain, US investment giant Blackstone pledged a staggering £100 billion (approximately $135 billion) toward UK assets over the next decade.The commitment, which builds on a previously disclosed £10 billion earmarked for data center infrastructure, was hailed by the…
The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future.An exclusive report by The Wall Street Journal reported on Saturday that the Treasury is expecting a multibillion-dollar fee as part of the ownership shakeup designed to address years of security fears.Oracle,…
Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever. Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben…
Morgan Stanley upgraded BB Seguridade (BBSE3) from underweight to equal-weight on Friday, following a steep correction in recent months. The move comes after the insurer’s shares fell 25% from their peak in May and are down 10% year to date. At 10:15 a.m. in São Paulo, shares rose 1.31% to…
Friday’s European news cycle was marked by historic agreements, heightened security concerns, financial strain, and new sanctions on Russia.Russia violates Estonian airspace in ‘brazen’ actEstonia said three Russian MiG-31 fighter jets violated its airspace for 12 minutes on Friday, describing the incident as “unprecedentedly brazen.”Tallinn noted it was Russia’s fourth…
Pony AI Inc (NASDAQ: PONY) rallied another 15% today after Leo Haojun, its chief of finance, said the robotaxi firm is “well on track” to reach single-unit economic break-even by early 2026.In an interview with the Wall Street Journal, Haojun cited operational efficiencies, a growing fleet, and declining insurance costs…
AGM Group Holdings Inc (NASDAQ: AGMH) stunned the market on Friday with a jaw-dropping 450% rally following a 6-K filing confirming the sale of its semiconductor subsidiary for $57.45 million.AGMH shares trading volume exploded to over 180 million today – far above their daily average – on the back of…