Artificial intelligence has quickly become the centerpiece of the global economy’s latest growth narrative. From chipmakers to cloud giants, companies are investing hundreds of billions of dollars into AI infrastructure, data centers, and research. Stock valuations have soared, and investors are betting that the technology will transform productivity in ways not seen since the rise…
For decades, Zimbabwe’s identity in global agriculture has been tied to tobacco. The crop, once hailed as “green gold,” dominates exports and fuels livelihoods across the nation. Tobacco alone generated a record $1.3 billion in revenue last year, with much of it heading to China, the world’s largest market for cigarettes. Yet, as global health…
Goldman Sachs is increasingly confident that M&A activity is poised to accelerate, driven by sector consolidation and rising participation from private equity, according to its president. John Waldron told a conference that the bank is seeing more boards and CEOs actively exploring transformative deals, especially in sectors where scale and vertical integration promise competitive advantage.…
U.S. President Donald Trump has intensified his criticism of Microsoft, urging the tech giant to dismiss its global affairs president, Lisa Monaco. His demand stems from her previous roles in Democratic administrations and her involvement in key investigations and security responses that directly intersected with Trump’s political fortunes. The move underscores how Trump continues to…
South Korea, once celebrated as a model of rapid industrialization and modernization, is now confronting a demographic crisis that threatens to undermine the very foundations of its success. The nation’s birth rate has plummeted to levels unprecedented in modern history, creating a looming economic and social challenge that could undo decades of growth achieved since…
Costco Wholesale surprised markets in its latest quarter, delivering revenue and profit ahead of consensus estimates. The warehouse club’s performance benefited from an uptick in U.S. shoppers seeking bargains amid broad inflationary pressures. Consumers under strain are gravitating toward membership-based, high-volume retailers that promise lower per-unit prices on everyday essentials. In the quarter ending August…
The European Commission has formally opened an antitrust case against SAP, the German enterprise software giant, over concerns that its practices in maintenance and support services for its on-premises ERP (Enterprise Resource Planning) software may be restricting competition. The probe underscores growing regulatory scrutiny of “after-market” practices in the tech industry, particularly around software vendors’…
CoreWeave has increased its contract with OpenAI by up to $6.5 billion, deepening a partnership that now totals about $22.4 billion. This surge in cloud infrastructure commitment is an indicator of increasingly intense demand for computing power in the AI era. Experts say CoreWeave’s move is motivated by capacity constraints, competitive positioning, investment backing, and…
The long-running clash between Washington regulators and Google over its dominance of the online advertising market has reached a decisive stage. In a federal courtroom in Virginia, the Justice Department (DOJ) and several states are pressing for remedies that could force Google to sell off parts of its advertising technology empire, marking one of the…
Blackstone’s headline commitment of nearly £90 billion toward U.K. investments has attracted major attention — and with it, growing questions about what the pledge actually means in practice, how much of it will show up in the ground, and what risks lie beneath the optimism. In announcing the largest single investment in a wave of…
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