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New York's New Business Council Gives 15 Executives a Direct Line to City Hall
New York City's new 15-member Business Advisory Council will meet quarterly with Mayor Zohran Mamdani and Deputy Mayor Julie Su on growth and competitiveness.
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Baidu's Hong Kong Dual-Primary Listing Deepens Its Commitment to the City
Baidu's Hong Kong shares became a primary listing on September 1, placing the company under the exchange's full rules without issuing new stock.
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LondonMetric's £105 Million Property Reset Shifts Capital Toward Higher-Yield Assets
LondonMetric reported £105 million of investment activity since July as it sold seven assets and moved capital toward longer-let properties.
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Nvidia's $12.93 Billion Hugging Face Deal Puts New York AI at Center Stage
Nvidia agreed to acquire Brooklyn-based Hugging Face for $12.93 billion while promising to keep its open AI platform available across chips and clouds.
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Hong Kong's Belt and Road Summit Returns With Cross-Regional Deals in Focus
Hong Kong's 11th Belt and Road Summit will bring policymakers, investors and project owners to the HKCEC on September 9 and 10.
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Headlam Moves Toward Administration as Its London Listing Is Suspended
Headlam Group says administration is its only viable option after refinancing and asset-sale efforts failed to solve an urgent liquidity problem.
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Kraft Heinz Is Moving Its Stock Listing to the NYSE as the Food Giant Reworks Its Strategy
Kraft Heinz will move its common-stock listing from Nasdaq to the New York Stock Exchange on September 14, retaining the KHC ticker as management pursues a broader reset.
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KLN Logistics Lifts Revenue and Core Profit as Global Freight Mix Shifts
KLN Logistics reported higher first-half revenue and core net profit as growth in international logistics offset pressure elsewhere in the business.
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Brookfield’s Record Fundraising Quarter Deepens Its New York Investment Engine
Brookfield Asset Management raised a record $77 billion in the second quarter, giving its New York-centered investment platform more capital to deploy.
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Tracsis Expands Its Rail Data Business With Mistral Acquisition
Tracsis has completed its acquisition of Mistral Data as the London-listed rail technology group expects higher revenue and adjusted EBITDA for the year.
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Dataminr’s $318 Million Air Force Deal Puts New York AI Firm at the Center of Real-Time Alerts
New York-based Dataminr secured a $317.8 million Air Force contract for public-information alerting through 2031.
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Prudential’s Hong Kong Momentum Lifts First-Half Growth and a Larger Share Buyback
Prudential reported an 8% rise in first-half new business profit to $1.384 billion as Hong Kong, Malaysia and Singapore strengthened growth across its Asian insurance operations.
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Alibaba Earnings Put Its AI Bet and Core Commerce Business Under the Microscope
Alibaba’s June-quarter report arrives with investors weighing fast AI and cloud investment against the performance of its core retail operations.
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Microsoft Plans September Unveiling of Maia 300 AI Chip as It Expands In-House Silicon Push
10 August 2026 Microsoft is preparing to unveil its next generation artificial intelligence chip as early as September, marking a major expansion of the technology giant's effort to build more of the hardware powering its rapidly growing AI business. The new processor, called Maia 300, represents Microsoft's latest attempt to reduce its dependence on expensive chips supplied by outside manufacturers such as Nvidia. According to The Information, Microsoft is planning a signifi
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Airbnb Shares Surge as Strong Travel Demand and AI Gains Lift Outlook
07 August 2026 Airbnb is giving investors fresh reasons for optimism after raising its annual revenue forecast and showing that artificial intelligence is beginning to deliver measurable benefits across its business. Shares of the vacation rental company jumped 14 percent on Friday, reaching their highest level in more than four years as Wall Street welcomed resilient travel demand, stronger than expected quarterly revenue, and improving efficiency from AI powered tools. The
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Spotify Bets on AI Despite a Softer Profit Outlook
04 August 2026 Spotify continues to expand its ambitions beyond music streaming, but that strategy is coming with a higher price tag. The Swedish audio giant has forecast third quarter operating profit below Wall Street expectations as it increases spending on artificial intelligence, new product features, and marketing efforts designed to strengthen its position in an increasingly competitive digital entertainment market. While investors reacted cautiously to the outlook, th
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Amazon Joins the $3 Trillion Club as AI Optimism Drives Wall Street Higher
03 August 2026 Amazon has reached a historic milestone, becoming one of only a handful of companies ever to surpass a market valuation of $3 trillion. The achievement reflects growing investor confidence in the company's artificial intelligence strategy and the remarkable performance of its cloud computing business, Amazon Web Services. As Wall Street continues rewarding companies that successfully transform AI investment into measurable financial growth, Amazon has emerged a
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UK Hiring Slows as Demand for AI Skills Reaches Record High
02 August 2026 Britain's job market is undergoing a significant transformation as traditional hiring continues to weaken while demand for artificial intelligence skills accelerates at an unprecedented pace. New research from recruitment platform Indeed suggests the country is entering a new phase of its labor market, where technological expertise is becoming increasingly valuable even as overall job opportunities decline. The findings paint a picture of an economy adapting to
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UK Recruiters Cut Costs as AI and Global Uncertainty Slow Hiring
14 July 2026 Britain's recruitment industry is tightening its belt as employers become increasingly cautious about hiring in an uncertain global economy. Recruitment firms across the United Kingdom are cutting costs, restructuring operations and shifting their focus toward temporary hiring as geopolitical tensions and the growing adoption of artificial intelligence reshape the employment market. Several of the country's largest recruitment companies, including Hays, PageGroup
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Apple Commits More Than $30 Billion to Broadcom Deal Expanding U.S. Chip Production
7 July 2026 Apple is making one of its largest semiconductor investments to date, committing more than $30 billion to an expanded partnership with Broadcom that will significantly increase the production of advanced wireless chips in the United States. The agreement, which extends through 2031, represents a major step in Apple's long term strategy to strengthen its domestic supply chain while supporting the growth of American manufacturing and semiconductor production. Under
3 min read
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