Category: Business

The Australian government has announced an $8 billion investment to establish a dedicated nuclear submarine shipyard, marking a significant step in its long-term defense strategy under the AUKUS security partnership with the United States and the United Kingdom. The facility, to be built in South Australia, will support the construction and maintenance of nuclear-powered submarines […]

British supermarket chain Sainsbury’s has entered discussions with Chinese e-commerce giant JD.com regarding the potential sale of Argos, its general merchandise subsidiary. Sainsbury’s acquired Argos in 2016 for £1.1 billion ($1.5 billion) as part of a strategy to expand its non-food retail offering. The talks signal a possible shift in Sainsbury’s business focus amid evolving […]

The California legislature has passed a necessary piece of legislation, S.B. 524, which starts to regulate police reports written by generative AI. Now, it’s up to us to make sure Governor Newsom will sign the bill.  We must make our voices heard. These technologies obscure certain records and drafts from public disclosure. Vendors have invested […]

BY JENNIFER PINSOF | September 15, 2025 This is the first installment in a blog series documenting EFF’s findings from the Stop Censoring Abortion campaign. You can read additional posts here.  We’ve been hearing that social media platforms are censoring abortion-related content, even when no law requires them to do so. Now, we’ve got the receipts.  For months, EFF […]

President Donald Trump suggested Monday that U.S. companies should consider moving from quarterly to semiannual earnings reporting. In a post on Truth Social, Trump argued the change would reduce costs and allow executives to concentrate more on long-term business strategy. The proposal, which Trump noted would require approval from the Securities and Exchange Commission (SEC), […]

BRUSSELS, 12 September 2025 — The European Union has approved 102 new marine product processing units from India for export, further strengthening trade ties between the two regions. The approval expands the total number of Indian units authorized to supply seafood and related products to the EU market. The decision reflects continued confidence in India’s […]

Advent International has agreed to sell Prague-based generic pharmaceutical company Zentiva to U.S. private equity firm GTCR for €4.1 billion ($4.8 billion), making it the largest private equity healthcare exit in Europe this year. The transaction follows a competitive bidding process and significantly boosts the region’s healthcare exit value for 2025 to €23.7 billion—already exceeding […]

NATO has selected Oracle to host and protect mission-critical workloads from its Communications and Information Agency (NCIA), marking a strategic shift to U.S.-based cloud infrastructure. The decision reflects the alliance’s commitment to enhancing cybersecurity, operational resilience, and data sovereignty across its digital operations. The NCIA, responsible for delivering secure communications and IT support to NATO […]

OpenAI has signed a non-binding memorandum of understanding with Microsoft to renegotiate terms of their existing partnership, as the artificial intelligence company prepares for internal restructuring. The agreement signals both parties’ intent to reaffirm and potentially expand their collaboration in the evolving AI landscape. While details of the revised terms remain undisclosed, the move reflects […]

Following a lifetime of independence in the fashion industry, the late Italian designer Giorgio Armani has posthumously instructed his heirs to sell a 15% minority stake in his global fashion empire. The directive, outlined in his will, prioritizes potential buyers from among three major corporations: French luxury conglomerate LVMH, eyewear leader Essilor-Luxottica, and cosmetics giant […]