BHP Group, the world’s largest mining company, is actively exploring opportunities to transform its operations in pursuit of sustainable growth and enhanced environmental practices. According to Reuters, the company’s leadership had seriously considered spinning off its Australian iron ore and coal divisions as part of a medium-term strategic shift. This move was in line with BHP’s vision to pivot towards more promising commodities such as potash and copper, following the example set by the 2015 restructuring of South32.
Recent developments in the aerospace industry have drawn attention to the increasing scrutiny of major corporate deals. The British Competition and Markets Authority (CMA) has focused on Safran’s proposed measures, which are set to reshape the competitive landscape. Specifically, Safran’s plan to divest a substantial portion of its business – involving the development and production of adjustable horizontal stabilizer drive systems – aims to address long-standing competition concerns related to its acquisition of part of Collins Aerospace.
The hedge fund Anson Funds has stirred the waters for Match Group, calling into question the efficiency of its board of directors in managing the company. This critical evaluation of the online dating giant has sparked discussions among shareholders and put the spotlight on potential changes in the company’s governance structure.
Spanish retailer Inditex, owner of the popular brand Zara, is set to strengthen its position in its second most significant market — the United States. Despite the trade policies of Donald Trump's administration, which involve imposing tariffs, CEO Óscar García Maceiras announced on Friday that Inditex will continue to expand its store network in the US.
News Corp, founded by media mogul Rupert Murdoch, has taken another strategic step by completing the sale of its Australian cable unit, Foxtel, to British sports streaming giant DAZN. The deal, finalized on Wednesday, is valued at 3.4 billion Australian dollars, equivalent to 2.14 billion US dollars.
Newsmax, a cable news operator, surged an impressive 180% on Tuesday, continuing its dramatic rise after a successful IPO debut. In a matter of days, the company’s shares have turned into a market sensation, captivating retail investors and making waves on social media. This rapid ascent is closely tied to the phenomenon of “meme stocks,” known for their unpredictable yet explosive popularity.
In a groundbreaking move, Canadian telecommunications giant Rogers Communications has announced a 12-year broadcasting agreement worth 11 billion Canadian dollars (approximately 7.68 billion U.S. dollars). This deal secures the rights to broadcast all National Hockey League (NHL) games across every platform in Canada, marking a transformative shift in the country's sports media landscape.
Meta Platforms is making a strategic leap in the realm of sports technology by entering into a multi-year agreement with the Ultimate Fighting Championship (UFC). Through this deal, Meta Platforms becomes the first official technology partner of the UFC, marking a significant milestone in the convergence of digital innovation and sports entertainment. This partnership not only expands the digital footprint of both brands but also signals the growing interest of major tech giants in interactive and monetized sports broadcasting.
Amazon.com has once again demonstrated its ambitious approach to space technology with the announcement that the first 27 satellites for its Project Kuiper internet constellation are set to launch next week. This critical move marks a major milestone in the company’s plan to build a large-scale satellite network designed to rival Elon Musk’s well-known Starlink system.
In the world of algorithmic trading, XTX Markets has demonstrated impressive results, achieving over 50% profit growth in the last year. This increase is attributed to a rise in revenues from both market-making activities and proprietary trading.
The Securities and Exchange Commission (SEC) has made a significant decision concerning stablecoins, which have recently garnered attention from both investors and regulators. This ruling has exempted the issuers of such assets from the need to register with the SEC, potentially impacting the market significantly.
Recent developments in Japan's stock markets have drawn attention from major brokerage firms such as Nomura Securities, SMBC Nikko Securities, and Monex. These companies have alerted their clients to a rising number of unauthorized transactions that have become increasingly common amidst growing market volatility. The issue is exacerbated by an influx of retail investors, creating a fertile ground for fraudsters and phishing schemes.
Tata Capital Ltd., a company under the Tata Group umbrella, has taken a significant step toward executing its initial public offering (IPO). The firm has submitted a "Preliminary Draft Prospectus" to the Indian regulatory authority, seeking approval to proceed with an IPO that could raise up to $2 billion. This potential offering positions Tata Capital to become one of the largest IPOs in the country this year.
In the first quarter of 2025, Hon Hai Precision Industry Co., commonly known as Foxconn, showcased an impressive sales growth, marking the fastest increase since 2022. Amid the rapid development of technologies and the rising demand for data centers, this achievement signals positive trends not only for the company but also for the entire artificial intelligence (AI) sector.
British automaker Jaguar Land Rover has decided to suspend its exports of vehicles to the United States. This decision comes in response to the new tariffs imposed by the government of Donald Trump, highlighting the global repercussions associated with changes in trade policy.
In recent days, commodity markets have experienced a sharp decline in prices, raising concerns among investors and economists alike. This downturn is occurring against the backdrop of escalating trade tensions between the United States and China, significantly impacting indices and futures for key commodities.
Nintendo Co. has recently shared some noteworthy information regarding the debut of its upcoming gaming console, the Switch 2. Due to recent global import tariff adjustments initiated by the administration of President Donald Trump, the company has opted to delay the acceptance of pre-orders in the United States. This move has captured the attention of gamers and investors alike.
In recent days, shares of companies such as Nike Inc. and Lululemon Athletica Inc. have shown a significant increase following President Donald Trump's announcement regarding Vietnam's willingness to eliminate tariffs. This development has sparked considerable interest among analysts and investors, as it relates to critical shifts in global trade.
Netflix, one of the world’s top streaming platforms, continues to push the boundaries of content accessibility by introducing expanded language options. This new update, announced on Wednesday, allows users to choose from an extended list of subtitle and dubbing languages for any film available in its global catalog. With almost one-third of the audience watching non-English content, this change is set to enhance the viewing experience worldwide.
In a rapidly evolving market, Tesla is determined to bounce back this year despite a recent setback. CEO Elon Musk recently affirmed that the company plans to reignite its growth, even though 2024 marked the first year of sales declines for the electric vehicle giant. The backdrop for this challenge includes ongoing protests in multiple countries over Musk’s involvement with former U.S. President Donald Trump’s administration and associations with far-right political circles in Europe. These controversies have tarnished the image of a brand once synonymous with technological leadership in electric mobility. Recently, Tesla reported a 13% drop in quarterly deliveries – the lowest in nearly three years.
In response to evolving security challenges, Colombia is taking decisive steps to modernize its aerial defense capabilities. Recently, Air Force Commander Carlos Silva announced plans to purchase between 16 and 24 next-generation fighter jets, the Jas 39 Gripen, from Swedish company Saab. This move is aimed at replacing the aging Kfir jets—originally acquired from Israel in the late 1980s—with a far more technologically advanced fleet.
US equity index futures continued their downward slide on Friday as market participants absorbed the latest employment data from the nonfarm sector. The US Department of Labor’s report for March revealed the creation of 228,000 new jobs – a number that substantially surpassed analyst expectations of 135,000. Meanwhile, the unemployment rate came in at 4.2%, slightly above the anticipated 4.1%, while average hourly earnings rose by a steady 0.3%, matching forecasts.
Tekever Ltd., a Portuguese company specializing in the production of unmanned aerial vehicles (UAVs), has announced its plans to expand its manufacturing capabilities. This initiative is driven by the increasing demand for both military and commercial applications of drones. Over the past five years, the company has demonstrated impressive growth, and its CEO, Ricardo Mendes, shared insights during an interview in Lisbon regarding future expectations.
In recent trading sessions, the British stock market has experienced significant turbulence as key indices have shown notable declines. This development is closely linked to growing concerns over a potential recession on a global scale, intensified by recent tariff measures and escalating trade tensions between global powers.