News
U.S. logistics real estate giant Prologis has submitted a takeover proposal worth approximately £14 billion ($18.8 billion) for British warehouse operator Segro, in a move that could reshape the global industrial property sector. The offer was presented shortly before a deadline linked to takeover......
British defence giant BAE Systems has unveiled a new unmanned fighter aircraft concept named Brontanax, marking the United Kingdom's latest move into the rapidly expanding market for autonomous combat aviation. The company presented a model of the aircraft at the Farnborough Airshow, showcasing......
The United States government has announced a $5 billion investment aimed at using artificial intelligence to address major scientific challenges in fields including healthcare, pharmaceuticals and construction, as part of a broader effort to accelerate research through advanced technologies. The initiative,......
Steel giant ArcelorMittal and several of its French subsidiaries have been subject to multiple tax adjustments following audits by French tax authorities, according to corporate documents and company statements. The group said it had challenged the assessments but confirmed that no tax disputes remain......
Airbus shares climbed sharply on Wednesday after the European aerospace manufacturer announced a €5 billion share buyback programme alongside new medium-term financial targets that signal confidence in its long-term growth strategy. The stock gained nearly 5% following the announcement, reflecting......
Chinese authorities are preparing for an intensified flood season as meteorologists warn that extreme rainfall is expected to become more frequent and more intense from late July through early August, particularly across northern China. Weather experts say the country has entered its annual peak flood-control......
Canada has called for renewed efforts to reduce tensions in the Middle East and achieve a lasting ceasefire, while also expressing concern over recent maritime confrontations in the South China Sea, Foreign Minister Anita Anand said during diplomatic meetings in Manila. Speaking on the sidelines of......
Australia's Foreign Minister Penny Wong has warned that countries across Asia face a strategic choice in how they respond to what Canberra describes as increasingly concerning behavior in the South China Sea, highlighting renewed tensions over maritime security in the region. Speaking on the sidelines......
Spanish energy company Iberdrola reported a strong financial performance for the first half of 2026, with reported net profit increasing 22% year-on-year to €4.34 billion, supported by continued investment in electricity transmission and distribution networks across Britain, the United States and......
Civil society organizations in Malaysia have urged billionaire businessman Syed Mokhtar Al-Bukhary to reconsider the appointment of Sultan Ahmed Bin Sulayem as executive chairman of MMC Port Holdings, citing concerns over reported past associations with the late financier Jeffrey Epstein. The appeal......
Bloomsbury Publishing has confirmed it will receive compensation as part of a landmark $1.5 billion settlement resolving claims that artificial intelligence company Anthropic used copyrighted books to train its AI models without obtaining the necessary licenses. The agreement, approved by a U.S. federal......
Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval......
German naval shipbuilder Thyssenkrupp Marine Systems (TKMS) has ended its interest in acquiring smaller rival German Naval Yards Kiel (GNYK), leaving defence company Rheinmetall as the only remaining bidder currently seeking to purchase the shipyard. The decision comes as European defence companies......
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