Warner Bros stock price has been in a strong bull run this year, making it the best-performing company in the Nasdaq 100 Index. It has jumped to $27, up sharply from the year-to-date low of $7.5. Paramount and Netflix bidding war for Warner Bros The ongoing WBD stock price surge happened as the bidding war
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest investment ever in Asia. The announcement came after a meeting between India’s Prime Minister Narendra Modi and Microsoft CEO Satya Nadella. The money will flow into
The recent decision to pause production increases by the Organisation of the Petroleum Exporting Countries and allies highlighted the complex situation the cartel finds itself in. OPEC’s desire to regain market share has to take a backseat as the cartel and its allies navigate a tricky phase, where stabilising oil prices has become more important.
Tensions, tech ambitions, corporate reshuffles, and tariff headaches are shaping Europe this week. Trump’s envoys are testing the waters in Moscow with a fresh peace pitch for Ukraine, even as European leaders eye the move warily. In the UK, a major fusion partnership backed by Google is aiming to fast-track clean energy breakthroughs. Switzerland’s Gunvor
The United Kingdom has taken a significant step in shaping its digital asset regulatory landscape, as the Property (Digital Assets etc) Bill has officially become law. The legislation, which received royal assent on Tuesday following an announcement by Lord Speaker John McFall in the House of Lords, formally classifies digital assets, including cryptocurrencies and stablecoins,
Tight supplies have been fuelling the massive surge in silver prices, which has seen the metal rise more than 10% since last Friday. On Wednesday, silver prices on COMEX hit a fresh record high of $59.645 per ounce, as the metal has climbed 100% since the beginning of this year. A silver squeeze in October
J Sainsbury shares fell sharply on Wednesday after its biggest shareholder, Qatar’s sovereign wealth fund, moved to reduce its long-standing holding in the UK supermarket. The stock was the worst performer on the FTSE 100 in early trading, down 14.40 pence, or 4.4%, at 311.60 pence. Despite the drop, shares remain up 18% so far
Gold prices rose on Wednesday as traders anticipated another interest rate cut by the US Federal Reserve later this month. Silver eased from its record highs of more than $59 per ounce earlier in the day. But prices were still slightly higher than the previous close. Oil prices climbed as Russia said talks with the
Europe is juggling big shifts this week, from fashion giants reshaping the luxury landscape to governments redefining digital ownership and scrambling to keep political alliances intact. Prada’s surprise swoop for Versace signals serious consolidation in high-end retail, while the UK’s move to grant crypto assets full property status marks a major leap in digital finance.
Nigel Farage’s Reform UK has received its largest-ever donation, with businessman Christopher Harborne handing the party £9 million in August, according to new Electoral Commission filings. The contribution, one of the biggest by a living person to a British political party, arrives ahead of crucial local and national assembly elections scheduled for May next year.