Business News

Business

US Revokes Venezuela Operating License for French Oil Giant M&P: What's Next?

French oil company M&P confirms the US revoked its Venezuela operating license, part of a broader OFAC initiative. Venezuela deems the move illegal, vowing continued cooperation wi...

Business

Apple Slapped with a Hefty €150M Fine by France for Unfair App Tracking Transparency Practices

France fines Apple €150M for abusing its market dominance with the App Tracking Transparency feature, criticizing its disproportionate impact on privacy and third-party apps.

Business

Primark CEO Paul Marchant Steps Down Following Investigation into Conduct with Woman

Primark CEO Paul Marchant resigns after an investigation into his conduct with a woman in a social setting, acknowledging his actions fell below company standards.

Business

Moderna Stocks Tumble Over 13% Premarket as FDA's Top Vaccine Official Peter Marks Resigns Amid Controversy

Moderna Inc.'s stock fell over 13% premarket following the resignation of FDA's top vaccine official, Peter Marks, amid reports of being forced out by the Trump administration. The...

Business

MicroStrategy Makes Headlines Again: A Whopping $1.92B Invested in 22,048 More Bitcoins

MicroStrategy Incorporated has significantly expanded its Bitcoin portfolio by acquiring 22,048 more Bitcoins for $1.92 billion, paying an average of $86,969 per Bitcoin, as reveal...

Business

AMD Accelerates AI Strategy with a $4.9 Billion Acquisition of ZT Systems

AMD completes a $4.9 billion acquisition of ZT Systems, marking a significant leap in its AI strategy. The integration aims to deliver optimized AI solutions, with ZT Systems' foun...

Business

India's External Debt Surges to $717.9 Billion by December 2024: A Deep Dive into the Numbers

India's external debt surged to USD 717.9 billion by December 2024, marking a 10.7% increase from the previous year. The rise is attributed to US dollar appreciation and a signific...

Business

MicroStrategy's Bold Move: Acquires 22,048 Bitcoin for $1.92B in Latest Crypto Investment

MicroStrategy Incorporated has made a significant addition to its Bitcoin holdings, acquiring 22,048 Bitcoin for $1.92 billion. The purchase, detailed in an SEC filing, was made at...