Category: Business

Macquarie Asset Management announced on October 15, 2025, that it will divest Aligned Data Centers, a U.S.-based operator, to a consortium of investors including BlackRock’s Global Infrastructure Partners (GIP), the AI Infrastructure Partnership (AIP), and UAE-based MGX. The deal, which values Aligned at US$40 billion, surpasses the previous sector record set in 2024 when Blackstone […]

[ad_1] Instead of catching you off-guard with a jump scare this Halloween season, EFF is here to catch you up on the latest digital rights news with our EFFector newsletter! In this issue, we’re helping you take control of your online privacy with Opt Out October; explaining the UK’s attack on encryption and why it’s […]

The European Commission is poised to approve the $17 billion acquisition of Covestro by the Abu Dhabi National Oil Company (ADNOC), following key concessions made by the UAE-based energy firm to address regulatory concerns. The deal, valued at €14.7 billion, represents ADNOC’s largest-ever foreign investment and a significant expansion into the European chemicals sector. Sources […]

[ad_1] The framework, developed after years of negotiations and approved in draft form in April, would for the first time establish a mandatory global fuel standard and a greenhouse gas pricing mechanism for ships. Together, they are intended to steer the world’s maritime fleet – which carries about 80 per cent of global trade and […]

[ad_1] California Governor Newsom has signed S.B. 524, a bill that begins the long process of regulating and imposing transparency on the growing problem of AI-written police reports. EFF supported this bill and has spent the last year vocally criticizing the companies pushing AI-generated police reports as a service.  S.B.524 requires police to disclose, on […]

British pharmaceutical giant AstraZeneca has reached a sweeping agreement with the U.S. government to cut prescription drug costs while dramatically expanding its American manufacturing and research footprint. The deal, announced at the White House by CEO Pascal Soriot alongside President Donald Trump, commits the company to invest $50 billion over the next five years in […]

Hong Kong, 14 October 2025 — Investor sentiment across the Asia-Pacific region is set to weaken after China announced it will begin charging 400 yuan ($56) per net ton on U.S.-owned, operated, built, or flagged vessels docking at its ports. The move, effective October 14, mirrors Washington’s own port fees on Chinese ships, which also […]

[ad_1] UNCTAD 16 from 20 to 24 October will seek practical ways to restore predictability in trade, ease debt pressures and direct investment to the real economy. “We are witnessing a transformational shift in multilateral trade and the decisions we make during UNCTAD 16 will impact the future of trade and global development policy and […]

New York, 13 October 2025 — U.S. markets suffered their worst day since April, with the S&P 500 tumbling 2.7%, the Nasdaq sliding 3.6%, and the Dow Jones Industrial Average plunging 878 points. Nearly $1.5 trillion in market value was erased, while global cryptocurrency markets shed about $200 billion. The sell‑off was fueled by a […]

Sydney, October 2025 — U.S. heavy equipment manufacturer Caterpillar Inc. announced on Monday that it will acquire RPMGlobal Holdings Ltd., an Australian mining software provider, in a transaction worth A$1.12 billion (US$728 million). The deal underscores Caterpillar’s strategy to strengthen its foothold in the fast‑growing field of mining technology and digital operations. Deal Structure and […]