Category: Business

New Katwijk site to produce oral medicines, create 2,000 jobs, and strengthen Europe’s pharma infrastructure. Netherlands – November 6, 2025 — U.S. pharmaceutical giant Eli Lilly and Company has unveiled plans to build a $3 billion medicine manufacturing facility in the Netherlands, marking its largest European investment to date. The site, located in the Leiden […]

With nearly 14,000 attendees registered for the Second World Summit for Social Development, currently underway in Doha, the gathering has become a meeting place for governments, global organizations and community voices working to shape what a fairer future might look like. UN News is on the ground in Doha, following two major events held alongside […]

Summary: Qatar Airways has sold its entire 9.6% stake in Cathay Pacific Airways for approximately $897 million, marking a complete exit from its eight-year investment in Hong Kong’s flagship carrier. The transaction, executed through a share buyback by Cathay, reflects a strategic portfolio shift by the Gulf airline and underscores Cathay’s efforts to consolidate ownership […]

Summary: Kimberly-Clark has announced a landmark agreement to acquire consumer health giant Kenvue, the maker of Tylenol, Band-Aid, and Benadryl, in a $48.7 billion cash-and-stock deal. The transaction, approved by both companies’ boards, is expected to close in the second half of 2026, pending regulatory and shareholder approvals CNBC CBS News. Strategic Merger of Consumer […]

Summary: Deutsche Telekom and U.S. chipmaker Nvidia have announced a €1 billion industrial AI data centre in Munich, a project designed to boost Germany’s digital sovereignty and accelerate Europe’s ambitions in artificial intelligence. The facility, set to open in early 2026, will be one of Europe’s largest AI hubs, delivering massive computing power to industries […]

Summary: Amazon has signed a seven-year, US$38 billion (A$58.1 billion) agreement with OpenAI, granting the ChatGPT maker access to massive computing power through Amazon Web Services (AWS). The deal, one of the largest in the AI sector to date, sent Amazon shares to a record high, underscoring the surging demand for advanced cloud infrastructure to […]

When the independent Tunisian online media collective Nawaat announced that the government had suspended its activities for one month, the news landed like a punch in the gut for anyone who remembers what the Arab uprisings promised: dignity, democracy, and a free press. But Tunisia’s October 31 suspension of Nawaat—delivered quietly, without formal notice, and […]

Summary: U.S. shale producers SM Energy and Civitas Resources have agreed to a $12.8 billion all-stock merger, creating one of the largest independent upstream oil and gas companies in the country. The combined firm will control 823,000 net acres across key U.S. shale basins, with the Permian Basin as its cornerstone asset. Houston/Denver, November 4, […]

Amazon Ring’s upcoming face recognition tool has the potential to violate the privacy rights of millions of people and could result in Amazon breaking state biometric privacy laws. Ring plans to introduce a feature to its home surveillance cameras called “Familiar Faces,” to identify specific people who come into view of the camera. When turned […]

Meta Platforms has completed a $30 billion bond sale, the fifth-largest high-grade corporate debt deal on record, as it accelerates massive investments in artificial intelligence infrastructure and data capacity. Record-Breaking Financing On 30 October 2025, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, priced a $30 billion multi-tranche bond offering, making it […]