Netflix made a significant foray into live events on Tuesday, announcing a groundbreaking $5 billion rights deal to become the exclusive home of World Wrestling Entertainment’s (WWE) Raw starting from January 2025.
More
Boeing CEO Dave Calhoun is set to meet with U.S. senators this week to address concerns regarding the grounding of the 737 MAX 9 aircraft. This meeting comes as United Airlines, a
More
Australia’s Lynas Rare Earths (LYC.AX) reported a significant drop in revenue for the second quarter, failing to meet analysts’ expectations. This decline was primarily attributed to a sharp fall in rare earth
More
Spain’s telecommunications giant, Telefonica (TEF.MC), announced on Monday that it has successfully increased its ownership stake in its German subsidiary, Telefonica Deutschland (O2Dn.DE), to a significant 93.1%. This achievement comes as a
More
French bank Credit Agricole announced on Monday that it has acquired a 7% stake in Worldline, a move aimed at strengthening the payments group following a significant drop in its share price
More
The British Ministry of Defence has announced a substantial £405 million ($514 million) investment to enhance the Sea Viper Air Defence system. This system, currently employed by the Royal Navy, plays a
More
Mercedes-Benz (MBGn.DE) has announced its openness to selling its dealerships and workshops located in Germany. The renowned carmaker expressed its intention to establish its Group-owned retail branches in a more independent manner
More
The U.S. Food and Drug Administration (FDA) has issued a significant warning regarding Amgen’s drug Prolia, used to treat bone loss, due to an increased risk of severely low calcium levels in
More
Amazon’s recent $1.4 billion acquisition attempt of iRobot, a renowned robot vacuum manufacturer, faces a significant obstacle as EU antitrust regulators intensify their scrutiny of major tech deals. Three individuals familiar with
More
Elon Musk recently refuted claims made in a Bloomberg article stating that his artificial intelligence (AI) firm, xAI, had secured $500 million from investors towards a $1 billion funding goal. Responding to
More