US Judge Grants Alibaba Relief in Pentagon Contract Dispute
A US federal judge on Monday granted Alibaba Group Holding a preliminary injunction preventing the US government from denying Pentagon contracts to companies because they or their parent companies or subsidiaries work with firms...
Noyb Files Complaints Against Scale AI Over Alleged Worker Surveillance
European digital privacy advocacy group Noyb has filed five complaints against Scale AI in France, Italy, the Netherlands and Austria, alleging that its freelance work platform, Outlier, illegally monitors workers who generate training data...
Great Wall Motor to Begin SUV Production in Bulgaria in 2027
China’s Great Wall Motor (GWM) will begin manufacturing its Ora 5 compact SUV in Bulgaria in the first quarter of 2027 under an agreement with a local partner. The facility, with a planned annual...
Coca-Cola Raises 2026 Profit Forecast on Strong Global Demand
Coca-Cola on Tuesday raised its annual profit forecast, supported by strong demand for its beverages in markets such as India, China, Mexico and Brazil. Global unit case volumes increased around 5% in the third...
Advent Raises $30 Billion Across Latest Private Equity Funds
Global private equity firm Advent International has raised $30 billion across its latest fund complex, securing capital for its flagship buyout fund and a new mid-market investment strategy. Announced on Tuesday, the fundraising highlights...
EQT to Acquire Range Resources in $13 Billion Deal to Become Largest US Natural Gas Producer
EQT Corp said on Monday it would acquire Range Resources in an all-stock deal valued at approximately $13 billion, creating the largest natural gas producer in the United States. The merger brings together two...
Verizon Raises Annual Forecasts, Signs $2 Billion AI Deal with AWS
Verizon has raised its annual forecast for wireless subscriber additions after reporting stronger-than-expected customer growth in the third quarter, while signing an artificial intelligence infrastructure deal worth more than $2 billion with Amazon Web...
Meta Plans $95 Billion Fundraising Drive to Fuel AI Expansion
Meta Platforms has announced plans to raise up to $95 billion through its largest-ever equity fundraising initiative as the Facebook parent accelerates investments in artificial intelligence infrastructure. The company has launched public offerings worth...
US Economic Growth Gets Boost from AI Investment, but Long-Term Gains Remain Uncertain
US President Donald Trump’s promise of a new golden age for the American economy remains uncertain, as economic growth continues at a moderate pace despite sweeping policy changes. The administration expects tariffs, tax cuts,...
Shein Agrees to Pay $100 Million to Settle US FTC Probe
Chinese-founded fast-fashion retailer Shein has agreed to pay $100 million to settle an investigation by the US Federal Trade Commission (FTC) over delivery delays and other customer complaints, according to a source familiar with...