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Business

RBI's Record Gold Acquisition in FY25: A Strategic Move Amid Global Price Surge

The Reserve Bank of India added 25 tonne of gold in the second half of FY25, marking the largest annual increase in seven years. Gold's share in foreign exchange reserves rose to 1...

Business

Jubilant FoodWorks Surges Ahead: Dominating Q4 Earnings Against Fast Food Giants KFC and McDonald's

Jubilant FoodWorks is outperforming fast-food giants KFC and McDonald's in Q4 earnings, thanks to its digital strategies and customer engagement initiatives, despite sector-wide ch...

Business

3G Capital's Strategic $8.2 Billion Acquisition of Skechers Marks a New Era in Footwear Industry

3G Capital acquires Skechers in a groundbreaking $8.2 billion deal, offering a 30% premium per share. Skechers will go private, with CEO Robert Greenberg staying on to lead the com...

Business

Apollo CEO Warns US Economy Could Face Two Quarters of Negative Growth Due to Tariff Impact

Apollo Global Management CEO Marc Rowan warns of potential two consecutive quarters of negative US growth due to Trump's tariff policies, advocating for a strategic approach to tra...

Business

Erste Group Secures Landmark €7B Deal with Santander to Expand Polish Market Presence

Erste Group Bank AG announces a €7.0 billion deal with Banco Santander, acquiring significant stakes in Santander Bank Polska Group and Santander Towarzystwo Funduszy Inwestycyjnyc...

Business

BioNTech Welcomes Ramon Zapata-Gomez as New CFO to Lead Financial Strategy

BioNTech SE appoints Ramon Zapata-Gomez as its new CFO effective July 2025, bringing extensive financial leadership experience from Novartis. Helmut Jeggle commends his expertise a...

Business

Bill Ackman's Pershing Square Makes a Bold $900 Million Investment in Howard Hughes Holdings

Pershing Square Capital Management invests $900 million in Howard Hughes Holdings at a 48% premium, with Bill Ackman taking over as Executive Chairman, signaling a major strategic ...

Business

Massive Layoffs Hit Spain: Over 2,000 Meta Moderators to Lose Jobs After Contract Loss

Over 2,000 Meta content moderators in Spain face layoffs after Telus International loses its contract with Meta. The union has secured a preliminary agreement for maximum compensat...