Companies & CEOs

Berkshire Hathaway may sell its stake in Kraft Heinz

Investment company Berkshire Hathaway Inc. might sell its shares in American food company Kraft Heinz Co., which it has owned for more than ten years.
Published on January 22, 2026
By Iris Barker

Netflix acquires exclusive global streaming rights to Sony films after theatrical release

Netflix Inc. has secured exclusive global streaming rights to feature films from Sony Pictures Entertainment following their theatrical and pay-per-view releases, according to a joint announcement by both companies.
Published on January 19, 2026
By Iris Barker

Germany’s RWE agrees to purchase 1 million tonnes of LNG per year for 20 years from Texas LNG

Germany's RWE has entered into a final purchase agreement to supply 1 million tonnes of liquefied natural gas (LNG) for a period of 20 years with Texas LNG Brownsville LLC.…
Published on January 19, 2026
By Iris Barker

ASML’s market capitalization surpasses $500 billion on AI optimism

ASML Holding has become the third European company to reach a market capitalization of more than $500 billion, according to Bloomberg, which is citing market data. Only LVMH, a luxury…
Published on January 16, 2026
By Iris Barker

Shell and Exxon Mobil abandon sale of UK gas assets to Viaro

Energy companies Shell and Exxon Mobil have decided not to proceed with the sale of North Sea gas assets to Viaro Energy, a firm controlled by Italian businessperson Francesco Mazzagatti.
Published on January 15, 2026
By Iris Barker

Chip maker TSMC increases net profit by a third in Q4

Taiwan Semiconductor Manufacturing Company, the world's top custom chip manufacturer, reported a rise in its net profit to NT$505.7 billion, which is approximately $16 billion, for the fourth quarter of…
Published on January 15, 2026
By Iris Barker

Alphabet’s market capitalization exceeds $4 trillion for the first time

Alphabet Inc., which is the parent company of Google, had a market value that surpassed $4 trillion during Monday's trading session.
Published on January 13, 2026
By Iris Barker

SoftBank to acquire data center investment firm DigitalBridge for $4 billion

Japanese company SoftBank has announced that it has reached an agreement to purchase data center investment firm DigitalBridge for a total of $4 billion. This deal is part of SoftBank's…
Published on December 30, 2025
By Iris Barker

Nvidia acquires Groq assets for $20 billion

Graphics chip manufacturer Nvidia Corp. is purchasing the assets of American startup Groq, known for creating high-performance AI accelerators, for $20 billion, according to CNBC, referencing Alex Davis, CEO of…
Published on December 29, 2025
By Iris Barker

BP to sell 65% of Castrol unit, valued at $10 billion

BP Plc has announced the sale of its majority ownership in its lubricants division (Castrol) to the American investment firm Stonepeak.
Published on December 26, 2025
By Iris Barker

Italy fines Ryanair for €255 million for preventing third-party airlines from purchasing tickets on its website

The Italian antitrust authority, the Autorità Garante della Concorrenza e del Mercato (AGCM), imposed a fine of €255 million on the Irish low-cost airline Ryanair for blocking third-party airlines from…
Published on December 24, 2025
By Iris Barker

Netflix refinances part of $59 billion bridge loan

Netflix Inc. has partially refinanced the $59 billion bridge loan obtained for acquiring Warner Bros. Discovery Inc. (WBD).
Published on December 23, 2025
By Iris Barker

Trump Media to enter the nuclear fusion market

Trump Media & Technology Group has consented to merge with American nuclear fusion company TAE Technologies. The merged company holds a valuation of $6 billion.
Published on December 19, 2025
By Iris Barker

Axios: TikTok reaches a deal to sell its US division

TikTok has finalized a deal to transfer its US division to a joint venture (JV) led by a consortium of American investors, according to Axios, which references an internal memo.…
Published on December 19, 2025
By Iris Barker

Waymo plans to raise $15 billion in 2026

Waymo, the robotaxi service under Alphabet, is reportedly negotiating to secure $15 billion in 2026, according to CNBC, which references a source. The startup aims to secure funding from both…
Published on December 18, 2025
By Iris Barker

Warner Bros. Discovery rejects $108.4 billion sale of Paramount Holdings

Warner Bros. Discovery's (WBD) board of directors declined Paramount's proposal to purchase the holding company for $108.4 billion—valuing shares at $30 each, as stated in a Warner Bros. press release.…
Published on December 18, 2025
By Iris Barker

Oracle founder Ellison loses nearly $25 billion as Oracle stock plummet

Larry Ellison, the founder of Oracle Corp., saw his fortune decrease by $24.9 billion in one day because the value of his company's shares dropped sharply.
Published on December 15, 2025
By Iris Barker

Sumitomo to double investment in renewable energy projects in India to $1.3 billion

Sumitomo Corporation intends to invest 200 billion yen, which is about $1.3 billion, in various renewable energy projects in India, as reported by the Nikkei newspaper.
Published on December 15, 2025
By Iris Barker

Starbucks workers’ strike spreads across 130 cities

Workers United, the union for workers at around 550 Starbucks locations in the US, declared that hundreds of baristas across 34 cities have joined the strike, extending it to over…
Published on December 12, 2025
By Iris Barker

Thyssenkrupp’s subsidiary will shut down two steel mills until January

The electrical steel division of the German industrial group Thyssenkrupp will entirely close its facilities in Gelsenkirchen and Isbergues, France, from mid-December through the end of 2025, as announced by…
Published on December 12, 2025
By Iris Barker

Trafigura reduces full-year net profit by 3%

Trafigura Group Pte Ltd, one of the world's largest commodity traders, reduced its net profit by 3% for the 2025 financial year, while deciding to increase its dividend by more…
Published on December 10, 2025
By Iris Barker

TotalEnergies receives US Share listing to replace ADRs

TotalEnergies, based in France, has begun trading on the New York Stock Exchange (NYSE), changing its American Depositary Receipts (ADRs).
Published on December 9, 2025
By Iris Barker

IBM acquires data platform Confluent for $11 billion

International Business Machines Corp. (IBM), based in the US, is buying data management infrastructure company Confluent Inc. for $11 billion, which includes debt, according to Bloomberg. The agency states that…
Published on December 9, 2025
By Iris Barker

Netflix to acquire Warner Bros. Discovery assets in $72 billion deal

Netflix Inc. has agreed to purchase the assets of Warner Bros. Discovery (WBD), which includes the Warner Bros. film studio, the HBO network, and the HBO Max streaming service.
Published on December 8, 2025
By Iris Barker

Shares of Chinese AI chip maker Moore Threads soar sixfold after IPO

Moore Threads Technology Co., a leading Chinese AI chip manufacturer, successfully launched its initial public offering (IPO) in Shanghai, raising 8 billion yuan ($1.13 billion), making it the second-largest IPO…
Published on December 8, 2025
By Iris Barker

Chevron plans capital expenditures of $18-19 billion for 2026

Chevron Corp. announced that it intends to allocate $18-19 billion for capital expenditures in 2026, according to a statement from the company.
Published on December 5, 2025
By Iris Barker

TikTok to invest $38 billion in data center construction in Brazil

TikTok, a short-video app owned by China's ByteDance, is investing more than 200 billion reais, which is approximately $37.7 billion, to build a data center in Brazil.
Published on December 4, 2025
By Iris Barker

Michael Dell and his wife will donate $6.25 billion to Trump accounts for children

American business executive Michael Dell and his wife, Susan, plan to contribute $6.25 billion to the Invest America initiative, also referred to as "Trump accounts." This initiative aims to give…
Published on December 3, 2025
By Iris Barker

Petrobras cuts five-year investment program due to falling oil prices

Petrobras, the Brazilian government-owned oil, gas, and petrochemical firm, has lowered its intended capital spending for 2026-2030 by 2% to $109 billion, due to declining oil prices.
Published on December 1, 2025
By Iris Barker

Blackstone close to acquiring power grid solutions provider MacLean

US investment firm Blackstone is nearing the acquisition of MacLean Power Systems, a provider of power grid components, from Centerbridge Partners, according to Bloomberg, which references sources.
Published on November 28, 2025
By Iris Barker

Japan’s Asahi Group reports possible data breach of 1.9 million people

Japanese food and drink producer Asahi Group announced a potential data breach affecting 1.9 million individuals due to a cyberattack in September.
Published on November 28, 2025
By Iris Barker

Venture Global accuses Shell of a “three-year campaign” against its LNG business

Venture Global has accused the British-Dutch oil and gas company Shell of attempting to harm its business in the liquefied natural gas (LNG) sector, according to a report by the…
Published on November 27, 2025
By Iris Barker

Saudi Aramco is exploring sale of assets worth billions of dollars

Saudi Aramco, the state-run oil firm of Saudi Arabia, is contemplating the sale of assets valued in the billions, according to Bloomberg, which cites sources.
Published on November 25, 2025
By Iris Barker

Revolut completes secondary share offering, values the company at $75 billion

British fintech company Revolut has finished a secondary share offering, setting its valuation at $75 billion.
Published on November 25, 2025
By Iris Barker

Forbes reports Trump’s net worth declined by $1.1 billion

According to Forbes magazine, the net worth of US President Donald Trump has decreased by $1.1 billion since September, bringing his total wealth to $6.2 billion.
Published on November 24, 2025
By Iris Barker

BHP abandons bid for Anglo American

Australian mining company BHP Group has decided to stop its attempt to acquire British mining company Anglo American.
Published on November 24, 2025
By Iris Barker

ByteDance’s valuation rises to $480 billion

Venture capital firm Capital Today has acquired a share in ByteDance, the parent company of TikTok, at a valuation of $480 billion, according to Bloomberg, which is quoting sources.
Published on November 21, 2025
By Iris Barker

Elon Musk donates $474 million to charity in 2024

American billionaire and Tesla founder Elon Musk contributed $474 million to charitable causes in 2024, according to Bloomberg, which referenced tax records.
Published on November 20, 2025
By Iris Barker

Air France-KLM submits bid for stake in TAP

Air France-KLM has shown interest in buying a share in Portuguese airline TAP SA, according to CEO Ben Smith, who shared this during an interview with Bloomberg. This makes Air…
Published on November 20, 2025
By Iris Barker

Toyota to invest $912 million in hybrid vehicle production in the US

Toyota Motor Corp., based in Japan, has announced a $912 million investment to increase the production of hybrid vehicles and their components across five US states. This is part of…
Published on November 19, 2025
By Iris Barker

British court finds BHP liable for 2015 dam collapse in Brazil

The English High Court has ruled that Australia's BHP is responsible under Brazilian law for the collapse of a tailings dam at the Fundão mine in the Brazilian state of…
Published on November 17, 2025
By Iris Barker

European Commission launches antitrust investigation against Red Bull

The European Commission has initiated an inquiry into Red Bull, an energy drink company. According to the Financial Times, the regulator is looking into whether the Austrian firm has misused…
Published on November 14, 2025
By Iris Barker

Semiconductor manufacturer Infineon returns to quarterly profit

German semiconductor producer Infineon Technologies AG announced a net profit and higher revenue for the fourth quarter of its fiscal year 2025, which ran from July to September.
Published on November 13, 2025
By Iris Barker

Goldman Sachs to receive record $110 million fee for Electronic Arts sale

Goldman Sachs Group will get a fee of $110 million for helping Electronic Arts (EA) with a deal where a group of investors is buying the video game company for…
Published on November 12, 2025
By Iris Barker

Warren Buffett announces “going low” and giving $1.3 billion to charity

Legendary investor and Berkshire Hathaway CEO Warren Buffett, who is ranked 10th on the Forbes online billionaires list with a net worth of $148.2 billion, released a letter to shareholders…
Published on November 11, 2025
By Iris Barker

Anthropic to open offices in Paris and Munich

American AI startup Anthropic has revealed plans to establish new offices across Europe, marking an expansion of its operations in the region where interest in its AI, Claude, is consistently…
Published on November 10, 2025
By Iris Barker

Starbucks to form JV with Boyu Capital to manage coffee shop chain in China

American Starbucks Corp. has formed a joint venture with Chinese investment firm Boyu Capital, as reported by Xinhua.
Published on November 6, 2025
By Iris Barker

Kimberly-Clark to acquire Kenvue for $48.7 billion

Kimberly-Clark Corp. has struck a deal to purchase Kenvue Inc., placing the value of the consumer healthcare products manufacturer at $48.7 billion, inclusive of debt.
Published on November 4, 2025
By Iris Barker

Starbucks’ US delivery sales exceed $1 billion

Starbucks, the operator of the world's largest coffee shop chain, revealed that its US delivery service is continuing to expand quickly, with a year-over-year increase of almost 30% during the…
Published on October 31, 2025
By Iris Barker

Nvidia becomes first company in history with $5 trillion market cap

Nvidia has become the first public company in history to reach a $5 trillion market value, according to Bloomberg, which is citing market data. On October 29, the company's shares…
Published on October 30, 2025
By Iris Barker