Category: Business

SummaryBlackstone has led a £1.5 billion private credit financing to support Permira’s £2.3 billion takeover of JTC Plc, the London-listed fund administration and corporate services group. The deal, announced in November 2025, is one of the largest private credit-backed buyouts in Europe this year and highlights the growing role of alternative lenders in major M&A […]

At every negotiation table and in every diplomatic statement lies a stark truth shared by nations on the front lines of the climate crisis: without funding, there is no path to safety, justice, or survival. Many urgent actions are required to secure a livable planet and protect millions of lives. But all of them – […]

Summary: Meta has announced a $1 billion investment in a new AI-optimized data center campus in Beaver Dam, Wisconsin, marking its 30th global facility and first in the state. The project underscores Meta’s push to expand infrastructure for advanced AI workloads while delivering community and environmental benefits. Meta confirmed construction has begun on a 700,000-square-foot […]

A new bill sponsored by Sen. Hawley (D-MO), Sen. Blumenthal (D-CT), Sen. Britt (R-AL), Sen. Warner (D-VA), and Sen. Murphy (D-CT) would require AI chatbots to verify all users’ ages, prohibit minors from using AI tools, and implement steep criminal penalties for chatbots that promote or solicit certain harms. That might sound reasonable at first, […]

Summary: AI startup Thinking Machines Lab is in early discussions to raise new financing at a valuation of around $50 billion, a figure that would more than quadruple its worth since July. The deal, still under negotiation, underscores the company’s rapid ascent in the artificial intelligence sector and its ambition to reshape human-AI collaboration across […]

Summary: China’s economy showed renewed signs of weakness in October 2025, as soft consumer demand, a worsening property downturn, and reduced factory activity during the long holiday period weighed on growth. Official data revealed sharper declines in investment and real estate, underscoring mounting challenges for Beijing’s efforts to stabilize the economy. China’s economic slowdown intensified […]

Remember when you thought age verification laws couldn’t get any worse? Well, lawmakers in Wisconsin, Michigan, and beyond are about to blow you away. It’s unfortunately no longer enough to force websites to check your government-issued ID before you can access certain content, because politicians have now discovered that people are using Virtual Private Networks […]

Summary: Wizz Air’s shares climbed as much as 16% on Thursday after the budget airline posted a near 26% rise in first-half operating profit. Despite the strong performance, the carrier warned of a slight decline in full-year revenue and flagged winter capacity as a short-term challenge. Wizz Air Holdings PLC reported a first-half operating profit […]

A Washington state trial court has shot down local municipalities’ effort to keep automated license plate reader (ALPR) data secret. The Skagit County Superior Court in Washington rejected the attempt to block the public’s right to access data gathered by Flock Safety cameras, protecting access to information under the Washington Public Records Act (PRA). Importantly, […]

Summary: India’s cabinet has approved a ₹450.6 billion ($5.1 billion) support package to help exporters weather steep U.S. tariff hikes, offering credit guarantees, affordable trade finance, and logistics support. The move aims to protect jobs and stabilize key sectors such as textiles, gems, leather, and chemicals, which have been hardest hit by duties of up […]