Browsing: Business

European Commission unveils grid reforms to cut power costs and improve electricity flow across borders under the new 2025 Grids Package.

Paramount and Skydance prepare a bid for Warner Bros Discovery with analyst-backed synergy potential exceeding $3 billion in major US media industry move.

Nvidia is under Chinese investigation for breaching merger conditions from its 2020 Mellanox acquisition deal, authorities confirmed.

Tesla shares surged after Elon Musk disclosed a $1B stock buy, his first major acquisition since 2020, adding 2.57M shares to his holdings.

China’s economic slowdown deepened in August as retail, industrial output and investment missed forecasts, signaling broad-based weakness.

AstraZeneca pauses £200m Cambridge expansion after earlier UK site cancellation, as part of a global investment reassessment with no set timeline for restart.

UK GDP flatlined in July 2025 with zero growth month on month, ONS reports, as production declined and services posted only a marginal increase.

Microsoft reaffirmed its partnership as OpenAI expands infrastructure and transitions corporate governance to a nonprofit-controlled benefit corporation.

Novo Nordisk announced a global restructuring, cutting 9000 jobs to streamline operations and improve efficiency, impacting 11.5% of its workforce.

Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.