British sports car maker Aston Martin stated its intention to reduce its workforce by up to 20 percent in order to lower expenses. The company currently employs approximately 3,000 people. For the entire year of 2025, the manufacturer reported a net loss of £363.9 million, which is equivalent to $491.5 million, compared to a net loss of £289.1 million, or $390.3 million, in the previous year. The...

Apple Inc.'s Chief Operating Officer, Sabih Khan, informed The Wall Street Journal that the company plans to move certain Mac Mini manufacturing operations from Asia to the United States. According to Khan, the assembly process will start at a Foxconn facility located close to Houston, Texas.  Foxconn is currently assembling servers that are used to support AI technologies.  According...

Amazon.com Inc. became the biggest US company in terms of revenue last year, beating Walmart Inc. in that category. Walmart posted its financial results, revealing that its total revenue for the fiscal year ending on January 31 was $713.2 billion.  Amazon earlier announced its annual revenue for the year 2025 as $716.9 billion.  Walmart's revenue increased by 4.7 percent, whereas...

Shares of Figma, a design software developer, increased by 7.8% at the beginning of trading on the New York Stock Exchange, reaching a high of $26.08, as shown by trading data. The gains later slowed significantly, to 1%. Figma's stock increased following the company's report of solid fourth-quarter 2025 results and its forward-looking guidance, which exceeded what Wall Street anticipated, as...

Online giant eBay announced that it has acquired the clothing resale platform Depop from Etsy for $1.2 billion, as reported by the Associated Press. The agreement happens as the secondhand market is growing, drawing customers because of lower prices and the chance to discover special items, and it also fits with the movement to cut down on waste. eBay's CEO, Jamie Iannone, noted that the...

Japanese car company Suzuki Motor has introduced its initial electric vehicle, the e VITARA SUV, in India. This model was created through collaboration with Toyota. Maruti Suzuki, which is the Indian branch of Suzuki, has started selling the basic model at a price of 1.1 million rupees ($12,100), as stated in an official announcement. Customers will have the option to lease a battery at a rate...

Elon Musk, the billionaire, revealed at a company-wide gathering that his American AI startup, xAI, will revise its internal setup following its merger with his own SpaceX. A video of the meeting has been shared on the xAI microblog. According to Musk, the business operations of xAI will be organized into four primary areas.  One team will work on the Grok chatbot, another team will focus on...

Italy's Eni, which secured the exploration license for offshore Block O1 in Libya via an international bidding process, will carry out the project as part of a consortium including QatarEnergy. Eni stated that the contract area is situated within the Sirte basin and spans roughly 29,000 square kilometers. The company also mentioned that the block includes several confirmed hydrocarbon deposits,...

French oil and gas company TotalEnergies reported a decrease in its net profit for the fourth quarter of 2025. This decline was more than 26% compared to the same period in the previous year and also 21% when compared to the previous quarter. In the period from October to December, the company's net profit amounted to $2.906 billion, which is lower than the $3.956 billion recorded a year ago and...