Chinese startup Zhipu AI is ramping up its international expansion, bolstered by a strategic partnership with Alibaba Cloud $BABA . This move was highlighted by the company’s executives during a nationwide technology conference, showcasing its commitment to providing governments worldwide with the tools to launch local sovereign AI agents. As the company prepares for its initial public offering (IPO), Zhipu AI’s growing global presence underscores its ambition to become a leader in the artificial intelligence sector.
Unilever $ULVR.L is reportedly threatening to halt financial support for the Ben & Jerry’s Foundation, a nonprofit organization based in the U.S. that donates to causes advocating for social justice. Sources familiar with the situation indicate that Unilever is demanding the foundation undergo an expedited review of its charitable contributions in order to continue receiving its annual funding, which amounts to approximately $5 million, calculated based on the sales of Ben & Jerry’s ice cream.
Kraken, one of the world’s largest cryptocurrency exchanges, is undergoing another round of workforce reorganization as the crypto industry evolves at a rapid pace. The company has announced targeted layoffs in some areas, the consolidation of roles, and a continued commitment to hiring for critical positions. According to a Kraken spokesperson, these adjustments are part of an ongoing process to ensure the workforce is closely aligned with the company’s strategic priorities.
South Korea’s financial regulator has tightened its oversight of Hanwha Aerospace’s $012450.KS latest capital raising endeavors, signaling a new era of scrutiny for one of the nation’s largest defense contractors. For the second time, the company’s stock issuance plan has been rejected, even after Hanwha scaled back its fundraising target to 2.3 trillion won ($1.62 billion). This move underscores the growing emphasis on transparency and robust information disclosure in Korea’s financial markets.
Increasing trade tensions between the US and China have reshaped the global strategy of Tesla $TSLA. After former President Donald Trump raised import tariffs on Chinese goods to 34%, and later pushed them even higher, the American automaker was forced to reconsider its supply chain strategies for its highly anticipated Cybercab and Semi electric vehicle models.
New technologies and advances in onboard services are reshaping the way airlines enhance passenger comfort and loyalty. Starting January 2026, American Airlines $AAL is set to embark on a new journey by offering free high-speed Wi-Fi on board through its partnership with AT&T $T . This move responds to the increasing significance of supplementary services as airlines vie for customer commitment.
BlackRock, one of the world's largest asset management firms, recently issued a statement that offered a fresh dose of optimism to the US financial sector. The Trump administration’s decision to grant a 90-day reprieve on the implementation of most new US tariffs became a pivotal factor in easing short-term concerns about a potential financial crisis. According to BlackRock’s insights, the overall systemic risks appear to have subsided, shaping market expectations and signaling a shift in sentiment across stock exchanges.
Recent declines in oil prices pose a significant challenge for economies that rely heavily on the export of energy resources. Colombian state oil company Ecopetrol, a major player in this market, has found itself in a complex situation. With Brent crude futures falling to $63.45 per barrel, the company's president, Ricardo Roa, has warned that lower prices could reduce the company’s profits by 12 trillion pesos ($2.76 billion) this year.
Last week saw a significant uptick in Canada's stock market, driven by rising commodity prices and diminishing market volatility. The Toronto Stock Exchange's main index, the S&P/TSX, reflected this positive movement, thanks to favorable global market conditions.
Last Friday, the Japanese Nikkei share average ended the week with a nearly 5% drop, a stark reminder of the market’s volatility amid ongoing global uncertainties. The trading session closed at 32,931.30 points, while the broader Topix index fell by 4.7% to 2,419.67 according to GMT data. This significant downturn comes in the wake of a turbulent week driven by the rapidly escalating trade dispute between the United States and China, as well as a surge in the Japanese yen due to a notable inflow of funds into safe-haven assets.
Micron Technology, the prominent American memory chip manufacturer, has once again attracted attention from financial analysts and industry experts. The company recently announced that starting Wednesday, it intends to add a surcharge on certain products in response to newly imposed tariffs by then-President Donald Trump. In an official letter to its international clients, Micron outlined this change—a strategic move that has sparked considerable discussion within the tech and finance communities.
A Moscow court has fined Telegram Messenger Inc. 7 million rubles (approximately $80,000) for refusing to delete content found on its platform that allegedly promoted extremist activities and anti-government protests. This decision raises significant questions about the regulation of digital platforms and the balance between protecting freedom of speech and ensuring accountability.
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