China Promotes Local Industrial Robotics, but International Manufacturers Remain Relevant

The Australian real estate platform REA Group, which is controlled by Rupert Murdoch's News Corp, is considering the acquisition of the British real estate platform Rightmove.

EY has reduced pay raises and bonuses for thousands of its employees in the UK and laid off a small number of partners in its tax division.

Investcorp has reorganized its leadership structure, with Executive Chair Mohammed Alardhi now assuming expanded responsibilities.

Lego recorded record sales and profits in the first half of 2024 despite industry weakness and is investing heavily in global expansion and digitalization.

Pernod Ricard expects a cautious first quarter in the new fiscal year following a challenging financial year in 2024 but sees long-term growth potential.

Consumers with low incomes save on essentials, while more affluent households look for bargains.

BlackRock is pushing the E-commerce aggregator SellerX into an auction after the company encountered financial difficulties.

Magic AI secures $320 million in a new funding round and announces the construction of supercomputers in collaboration with Google Cloud and Nvidia.

Apple and Nvidia plan extensive investments in OpenAI to strengthen their positions in the rapidly growing AI sector and to benefit from the close partnership with market leader ChatGPT.

Salesforce was able to exceed expectations in the second quarter of fiscal year 2025 and raised its annual forecast, which still did not prevent a slight decline in its stock price.

Despite a record revenue and a significant profit increase, Birkenstock was unable to meet analysts' expectations in the third quarter of 2024, resulting in a significant drop in the stock price.

SpaceX plans to expand its Starlink constellation with new, significantly brighter Direct-To-Cell satellites.