Category: Business

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 […]

A little over a year ago we released Rayhunter, our open source tool designed to detect cell-site simulators. We’ve been blown away by the level of community engagement on this project. It has been installed on thousands of devices (or so we estimate, we don’t actually know since Rayhunter doesn’t have any telemetry!). We have […]

Hyundai has announced a delay of up to three months in the construction of its electric vehicle battery plant in Georgia, attributing the setback to the recent detention and deportation of hundreds of workers during a federal immigration raid. The raid, which targeted subcontracted labor at the facility, led to significant disruptions in the workforce, […]

Alibaba Group is pursuing $3.2 billion in new funding to accelerate growth across its cloud computing and e-commerce divisions. The move reflects the Chinese tech giant’s renewed focus on core business areas amid intensifying global competition and shifting market dynamics. According to company sources, the capital will support infrastructure upgrades, AI-driven cloud services, and expansion […]

Shares in Warner Bros. Discovery rose nearly 29% on Thursday following reports that Paramount Skydance Corp. is preparing a takeover bid for the media giant. The Wall Street Journal cited sources familiar with the matter, noting that the proposed cash offer—backed by the Ellison family—could create a combined entity valued at approximately US$60 billion. Warner […]

President Donald Trump announced that his administration will seek to restart trade negotiations with India following several weeks of heightened bilateral tensions. The statement comes amid ongoing disputes over tariffs, market access, and regulatory barriers that have strained economic relations between the two countries. Speaking to reporters, Trump emphasized the importance of strengthening U.S.-India trade […]