Business
Shares of Delivery Hero climbed sharply on Monday after reports emerged that Uber had submitted an indicative acquisition proposal for the German-based delivery group. The news pushed Delivery Hero’s stock price to its highest level in approximately eighteen months, reflecting growing investor......
CDP Equity has announced plans to increase its participation in Nexi, reinforcing the Italian government’s interest in strengthening strategic sectors linked to financial technology and digital infrastructure. The state-backed investor currently holds more than 19% of Nexi’s shares and intends......
Startup funding across the Middle East and North Africa (MENA) region experienced a strong rebound in April 2026, signaling a partial recovery after a slowdown in March. However, Morocco saw a notable decline in its regional position despite earlier gains. According to market data from regional platforms,......
Major food delivery companies Uber and DoorDash are reportedly exploring the possibility of a takeover bid for German delivery platform Delivery Hero as competition intensifies in the global food delivery sector. According to financial media reports, the two American companies have initiated preliminary......
Piyush Goyal is set to visit Canada alongside a delegation of around 150 Indian business leaders in an effort to strengthen economic cooperation and revive trade discussions between the two countries. The visit, scheduled between May 25 and May 27, will include meetings with Canadian ministers, business......
Chinese technology company Wingtech Technology has filed a new lawsuit seeking approximately $1.2 billion in damages against chipmaker Nexperia and several related entities, escalating a long-running dispute over control of the semiconductor firm. The case, filed through a subsidiary, argues that Wingtech’s......
A batch of frozen ground beef steaks sold in France under the Carrefour Extra brand has been recalled due to a suspected risk of containing small metal fragments, according to the national consumer alert platform Rappel Conso. The affected product consists of 15% fat frozen pure beef patties sold in......
India’s leading pharmaceutical company by revenue Sun Pharmaceutical Industries reported stronger-than-expected quarterly profits, supported by rising global demand for its high-margin specialty medicines. The Mumbai-based drugmaker posted a consolidated net profit of approximately 27.14 billion......
Indian kitchenware manufacturer TTK Prestige reported a strong increase in quarterly profit, driven by rising demand for electric cooking appliances amid shortages in cooking gas supply. The company recorded a 29% rise in profit before tax for the fourth quarter, supported by growing domestic consumption......
Citigroup plans to significantly expand its wealth management operations in Asia through a major recruitment drive, according to the company’s global head of wealth management, Andy Sieg. The U.S.-based financial institution is focusing a large portion of its global hiring strategy on Asia, where......
Shares of Workday rose sharply on Friday after the company reported stronger-than-expected quarterly results, helping to ease investor concerns about potential disruption from artificial intelligence competitors. The California-based software firm exceeded analysts’ estimates for both revenue......
Shareholders of French retail giant Carrefour are expected to approve a third term for Chief Executive Officer Alexandre Bompard during the company’s annual general meeting. Bompard, who has led the supermarket group since 2017, is widely credited with steering Carrefour through a period of transformation......
European aerospace giant Airbus has officially launched the construction of a new major defense and digital technology campus in the Greater Paris region, marking a significant investment in France’s strategic industrial capabilities. The future “Campus Grand Paris,” located in Montigny-le-Bretonneux......
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