Category: Business

SummarySamsung Group has pledged a KRW450 trillion (US$309 billion) investment over the next five years to strengthen its domestic footprint, with Samsung Electronics set to build a new semiconductor production line at its flagship Pyeongtaek facility. The move underscores South Korea’s ambition to remain at the forefront of the global chip industry amid surging demand […]

SummaryHyundai Motor Group has unveiled a record $86 billion investment plan in South Korea, following a new trade agreement with the United States that lowers tariffs on Korean automobiles. The move underscores Hyundai’s ambition to strengthen its domestic base while expanding global competitiveness in future technologies. Investment PlanThe automaker confirmed it will invest 125.2 trillion […]

Jeff Bezos, founder of Amazon, has stepped back into the spotlight with the launch of Project Prometheus, a new artificial intelligence startup that debuted with an extraordinary $6.2 billion in funding. The venture, co‑led with scientist and entrepreneur Vik Bajaj, is already one of the most heavily financed AI companies at inception, signaling Bezos’ intent […]

But this lush harmony carries a warning. If negotiators at COP30 hope to protect the world’s forests, they must first safeguard the people who sustain them. Chocolate, community and a vision for the future Just 30 minutes by boat from Belém – known as the ‘gateway to the Amazon’ rainforest and host city of this […]

SummaryEmirates has cemented its dominance in the widebody aircraft market with a record-breaking order for 65 additional Boeing 777-9s, announced at the Dubai Airshow 2025. Valued at US$38 billion, the deal lifts the airline’s total 777X commitment to 270 aircraft, reinforcing its status as the world’s largest Boeing 777 operator. Strategic ExpansionThe agreement includes conversion […]

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 […]