The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Starbucks may sell control of China business by end of October

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Investment firms Carlyle Group and EQT, along with China's HongShan Capital Group and Boyu Capital, are finalizing their bids to acquire a majority share of the Chinese branch of Starbucks Corp., according to Reuters. As per the agency's sources,...

Hyundai delays US plant construction after anti-immigration raid

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The establishment of a battery facility in Georgia, USA, collaboratively managed by South Korean firms Hyundai Motor Group and LG Energy Solution, has faced several months of postponement following an immigration enforcement operation at the...

ExxonMobil expects EU to sign multi-year contracts to buy gas from the US

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ExxonMobil Corp. anticipates that the European Union will finalize long-term contracts to purchase gas from the US as part of a trade deal where Brussels has agreed to acquire $750 billion in energy from the US, writes the Financial Times. According...

SpaceX to buy EchoStar spectrum for $17 billion, pay half in shares

Daniel Oberhaus
Elon Musk's aerospace firm SpaceX is purchasing spectrum licenses from EchoStar Corp. for $17 billion. As stated in a press release from EchoStar, SpaceX will disburse $8.5 billion in cash along with an equal amount in its stock. EchoStar plans to...
Markets & Industries

ECB raises eurozone inflation forecast for 2025-2026

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The European Central Bank announced following its September meeting that consumer prices in the eurozone will rise by 2.1% in 2025 and by 1.7% in 2026. Three months prior, the regulator estimated the first number at 2%, the second at 1.6%. In...

Deutsche Bank, Barclays improve forecasts for the S&P 500 index

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Analysts at Deutsche Bank and Barclays have raised their predictions for the U.S. stock index S&P 500. Deutsche Bank currently anticipates it will hit 7,000 points by year-end, up from its earlier expectation of 6,550 points. The S&P 500 ended...

Fitch raises copper price forecast to 2028, revises other metals

Bob Burror
Fitch Ratings has updated its short- and medium-term price forecasts for iron ore, coal, base metals, and precious metals, which are utilized to project the operational and financial results of firms in the sector. Copper price expectations have...

Nasdaq tightens listing rules, including for Chinese companies

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The Nasdaq exchange operator has implemented new listing regulations for firms on the platform, strengthening the criteria for the minimum free float metric and establishing a faster process for delisting inactive shares. The operator's press...
In-depth coverage

European Tech Sovereignty: Europe Enters the Era of Exascale with the Inauguration of the Jupiter Supercomputer

Europe has taken a giant leap in technological development and supercomputing sovereignty with the launch of its first exascale computer in Germany. JUPITER, built using American chips but set to develop further with the integration of European microprocessors in 2026, is capable of performing over one quintillion (10¹⁸) operations per second, immediately cementing its place as Europe’s mos...
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World & Politics

EU condemns Jerusalem attack

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The EU demands an end to violence in Israeli-Palestinian relations and condemns the assault on civilians in Jerusalem, said Anouar El Anouni, spokesperson for EU Foreign Minister Kaja Kallas, during a briefing. “We denounce this assault, just as we...

Ishiba confirms he decided to step down as Japan's prime minister

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Shigeru Ishiba has announced his decision to resign as Japan's prime minister and head of the Liberal Democratic Party (LDP), stating that he delayed this move due to the necessity of addressing the issue with US tariffs. “Who would genuinely engage...

Kallas announces that EU countries will increase defense spending by €2 trillion by 2031

European Parliament
EU countries aim to assign extra €2 trillion for defense expenses by 2031, stated EU Foreign Minister Kaja Kallas on Wednesday. “Europe has initiated the most extensive military initiative in contemporary history. Starting now, an extra two trillion...

France issues arrest warrants for Bashar al-Assad and six of his cronies

Beshr Abdulhadi
The French court has released arrest warrants for ex-Syrian President Bashar al-Assad and six former high-ranking military and government officials, according to the newspaper La Croix on Tuesday. “Following 13 years of inquiries, the judges of the...
Management & Strategy

UK companies are cutting jobs at the fastest pace since 2021

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According to the Bank of England, UK businesses are reducing positions at the quickest rate since 2021 and providing the bleakest employment outlooks since the pandemic began. UK firms reduced their employee count by 0.5% year-on-year from June to...

Rio Tinto splits business into three segments, announces management changes

Rio Tinto splits business into three segments, announces management changes
Australian miner Rio Tinto is restructuring its operations and dividing them into three segments, the company announced in a statement. Rio Tinto will now feature a segment for iron ore, a segment for copper, and a segment for aluminum and lithium....

BP plans to cut at least 15% of office staff

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BP plc is set to undertake a new assessment of its operations and expenses, aiming to reduce its office workforce by at least 15%, according to the Financial Times. This follows just months after its recent strategic revamp faced a lukewarm response...

The Information: ChatGPT developer doubles its annual income

Jernej Furman
According to a source cited by The Information, the American firm OpenAI, known for developing the ChatGPT chatbot, saw its revenue increase to $12 billion year-on-year in the first seven months of 2025. As The Information notes, this number...