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Corporate Strategy & Innovation

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NIO CEO William Li announced today that the company is developing custom silicon to better integrate with its AI algorithms and reduce long-term supply costs.

NIO develops in-house chips to cut Nvidia reliance

Adani Green is restricting annual capacity additions to 5 gigawatts to avoid power waste. The firm lost 5 billion rupees last year due to evacuation constraints.

Adani Green Slows Expansion Over Grid Limits

The owner of British Airways announced ticket price adjustments today to manage rising jet fuel expenses. The group confirmed that fuel supplies remain stable.

IAG to Adjust Ticket Prices Due to Higher Fuel Costs

Patients can purchase the blood thinner Eliquis for three hundred forty five dollars starting April 27. The move expands direct buying options for consumers.

Bristol Myers and Pfizer Join Mark Cuban Pharmacy

The Vietnamese budget carrier plans to launch direct routes to Europe following the arrival of new wide-body aircraft. The airline also aims to develop Ho Chi Minh City into a regional aviation finance hub.

Vietjet to receive first A330neo for Europe flights

The airline will relocate seven aircraft from Berlin to other European hubs starting this October. Pilots and crew will be offered positions at different bases.

Ryanair to Close Berlin Base and Slash Flights by 50%

Earnings Reports

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Charter lost 120,000 broadband users this quarter as competition from wireless carriers intensified. Shares fell 18% despite revenue beating analyst targets.

Charter Shares Drop After Broadband Customer Losses

Reliance Industries reported a net profit of 169.71 billion rupees for the quarter ended March 31. Higher material costs and crude prices led to the miss.

Reliance Industries Quarterly Profit Falls 12 Percent

The consumer goods giant expects rising energy costs and Middle East conflicts to impact fiscal 2027 earnings. Strong beauty sales helped beat quarterly estimates.

P and G Expects One Billion Dollar Profit Hit from Oil

The railroad operator reported an adjusted profit of $2.65 per share as rising fuel prices and winter weather impacted margins. Revenue remained flat at $3 billion.

Norfolk Southern Profit Falls on Higher Fuel Costs

HCA Healthcare reported a first-quarter profit of $7.15 per share but saw shares decline as respiratory admissions fell. The company maintained its 2026 outlook.

HCA Shares Drop Despite Narrow Profit Beat

The railroad operator reported an adjusted profit of $2.65 per share as rising fuel prices and flat revenue weighed on margins during the first quarter.

Norfolk Southern Profit Dips on Higher Fuel Costs

M&A / Corporate Actions

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The IAM union says any federal financing for Spirit Airlines must prohibit layoffs and furloughs. The Trump administration recently offered a bankruptcy exit plan.

Union Seeks Job Protections in Spirit Bailout

The British finance app is giving customers in affected countries 60 days to sell their precious metal holdings. All other banking services remain unchanged.

Revolut Scales Back European Commodities Trading

The Dallas-based data center provider filed for a public listing today to capitalize on improved investor appetite. Proceeds will repay debt and fund operations.

Csquare Files Confidentially for United States IPO

The government will offer a 30 percent stake in its 2.4 billion dollar fund on international and local markets. This move marks the first global IPO for the state.

Uzbekistan to list National Investment Fund in May

The Swedish appliance maker reported a first-quarter loss as North American demand fell. The company plans a $1 billion rights issue and a partnership with Midea.

Electrolux Shares Drop 24% on US Slump and Rights Issue

China SAIC Motor is reportedly planning to build a European factory in Spain for its MG brand. The site would focus on manufacturing electric vehicles.

SAIC Motor Plans New Electric Vehicle Plant in Spain

Startups & Venture Capital

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Former Disney chief Bob Iger has returned to Thrive Capital to advise on investment decisions and mentor startup founders. The move comes after he stepped down from his leadership role at Disney last month.

Bob Iger Returns to Thrive Capital as Venture Partner

Space funding hit a record 7.95 billion dollars in the first quarter of 2026. Larger deal sizes and SpaceX IPO buzz doubled investment from the previous period.

Global space funding reaches record 7.95 billion dollars

Jeff Bezos' AI lab Project Prometheus is reportedly close to a 10 billion dollar fundraising deal. This agreement would value the startup at 38 billion dollars.

Bezos AI Startup Project Prometheus Nears 38 Billion Value

Amazon will invest $25 billion in Anthropic as the startup spends $100 billion on cloud tech. The deal aims to boost AI capacity using custom Trainium chips.

Amazon to Invest $25 Billion in AI Startup Anthropic

Prediction markets platform Polymarket is reportedly in talks with investors to raise $400 million. The deal would value the company at roughly $15 billion.

Polymarket Eyes $15 Billion Valuation in New Funding

DeepSeek is in talks to raise at least $300 million at a $10 billion valuation. The Chinese AI startup is negotiating with investors for the new capital.

DeepSeek targets $10 billion valuation in funding round

Leadership & Management

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Jean-Paul Agon stated today that the struggling beauty group lacks a clear business model. Coty is currently reviewing its makeup brands to improve performance.

LOreal Chairman Dismisses Coty Business Model

Citigroup is launching a new division to manage relationships with financial sponsors and sovereign wealth funds. The bank hired a former Lazard executive.

Citi creates new investment banking group for sponsors

Directors at the Italian bank are expected to award all key board roles to allies of CEO Luigi Lovaglio today. This move secures his strategy for Mediobanca.

Monte dei Paschi Board Appoints Lovaglio Supporters

BP failed to secure majority support for two special resolutions during its annual meeting today. Major proxy advisers and investors opposed the measures.

BP Shareholders Reject Two Special AGM Resolutions

ADB President Masato Kanda announced his bid for a second term on Wednesday. He plans to prioritize regional protection and future growth if reelected.

ADB President Masato Kanda announces bid for second term

Andrew Higginson will leave JD Sports after the annual meeting on July 21. Darren Shapland will serve as interim chair while the board seeks a successor.

JD Sports Chairman Andrew Higginson to step down in July

Sustainability / ESG

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The European Union and partners launched a fund on Friday to attract private capital for sustainable projects. It targets least developed nations using the euro.

EU launches 20 billion euro green bond fund

A Minneapolis delegation asked the Swiss National Bank on Friday to sell its 1.1 billion dollar stake in Palantir. They cite concerns over immigration enforcement.

Activists urge Swiss National Bank to sell Palantir stake

The Australian miner is investing 680 million dollars in green infrastructure to reduce fossil fuel reliance. Annual shipment forecasts remain unchanged.

Fortescue Increases Green Energy Investment Targets

European households are turning to rooftop solar to lower bills amid the Iran war. Demand has doubled for some firms as consumers seek energy resilience.

European Rooftop Solar Demand Surges Amid Energy Crisis

British International Investment today unveiled a five-year program to fund clean energy projects across India and Southeast Asia. The initiative aims to mobilize private capital to reduce regional reliance on coal power.

BII launches 1.48 billion dollar Asia climate fund

The UK development agency plans to mobilize private capital for climate projects as government aid budgets tighten. New targets focus on coal reduction and women.

BII aims for 20 billion dollar investment push
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