Today: October 20, 2026
Today: October 20, 2026

investment

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RTX's Raytheon wins up to $6.3 billion US missile contract

RTX's Raytheon said on Thursday it won a multi-year US military contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors, as the Pentagon

Business|Economy|World

Venezuela's president expects third-quarter growth after earthquake hit

Venezuela's economy is projected to expand 6.5% in the third quarter this year, acting President Delcy Rodriguez said on Thursday, highlighting recovery in both oil and non-

Business|Europe|Science|Technology

Dutch firm uses AI to help drone systems 'talk' on Ukraine's battlefield

A high-velocity drone launched at a disused Dutch airbase by the North Sea roars through the clouds and intercepts

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Brazil regulator approves American Airlines' investment in Azul

Brazil's antitrust regulator CADE on Wednesday approved American Airlines' $100 million investment in Azul, giving the US firm a minority stake of about 8% in the

Economy|Finance

Malaysia 2027 budget to tackle living costs, fiscal risks as election looms

Malaysia is likely to deliver a moderately expansionary budget for 2027 on Friday as it looks to boost support for households ahead of a general

Business|Crime|Economy|Finance

Judge lets US fund seek New York Fed documents tied to Radiant World

A federal judge on Tuesday allowed a US fund to seek payment records from the Federal Reserve Bank of New York and the Clearing House Interbank Payments

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Top Democrat is investigating Jared Kushner’s financial investments after CNN report

Top Democrat is investigating Jared Kushner’s financial investments after CNN report

Business|Economy|Technology

Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports

Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial

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ECB's Rehn: High yields to dampen energy price pass-through

Rapid energy inflation across the euro zone has not yet spread to other goods and services, and the recent rise in bond yields is likely to dampen price pressures as it

Business|Economy|Environment|Europe|Science|Technology

Fast-track permits turn Spain's Aragon into a $70 billion data centre magnet. At what cost?

Aragon, a sparsely populated region of northeast Spain, has become one of Europe's fastest-growing digital

Business|Economy|Finance|Stock Markets|US

Wall Street profits soar to $45.9 billion in first half of 2026, report shows

Profits for the US securities industry totaled $45.9 billion in the first half of the year, putting it on track for a new annual record, according to a report released on Tuesday by

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Vance says details of proposed Alaska LNG pipeline need to be worked out

US Vice President JD Vance said on Monday that a long-planned liquefied natural gas pipeline in Alaska was going to happen, but there were still some details that needed to be worked

Arts|Business|Economy|Europe

With Uzbekistan open for business, investors watch reform staying power

When Nika Kurdiani began to plot London-listed Georgian lender TBC Bank's expansion into Uzbekistan around 2018, he had to bring

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Trump holds Nebraska rally in bid to keep deep-red state in Republican column

US President Donald Trump pledged to expand access to tax-exempt diesel fuel while warning of a dark future if Democrats

Business|Economy|Finance

Euro drops to 17-month low on France debt concerns

The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market

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Anthropic expected to IPO despite market uncertainty, AI slowdown calls

Anthropic expected to IPO despite market uncertainty, AI slowdown calls

Business|Economy

Spain services growth accelerates despite cost surge, PMI shows

The expansion in Spain's service sector picked up pace in September as increased demand lifted activity despite a surge in operating expenses, a business survey showed on Monday.

Business|Economy|Finance|Technology

Revolut's rise to become Europe's $115 billion big bank rival

Revolut has risen to become Europe's most valuable startup and a challenge to centuries-old banking giants, having grown rapidly

Business|Finance|Science|Stock Markets|Technology|US

Moderna to replace Warner Bros Discovery  on Nasdaq 100

Nasdaq said on Thursday that vaccine maker Moderna will replace Warner Bros. Discovery on the Nasdaq 100 index, effective October 9.  

Arts|Economy|Europe|Finance|MidEast|Science|Technology|US

Alaska LNG could cost more than double Gulf Coast rivals, raising questions over economics

US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year

Business|Finance|Technology

SoftBank completes final phase of $30 billion investment in OpenAI

SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last fundraising round.

Business|Finance|Technology

Another Trump meme coin contest promises an ‘exclusive’ dinner with the president

Another Trump meme coin contest promises an ‘exclusive’ dinner with the president

Business|Finance|Technology

BAE weighs bid for Robin Radar in possible $2.3 billion deal, sources say

BAE Systems is among the potential bidders that are in the early stages of exploring an offer for Robin Radar Systems, three people familiar with the matter

Business|Finance|Science|Technology

Temasek comfortable with current AI spending levels, executive says

Singapore's Temasek is not worried about the massive levels of

Economy|Health|Science

Global health research makes America richer and healthier

US-funded research into the health of people abroad has large health and economic benefits for Americans.

Business|Economy|Finance

Mattel chief Kreiz to step down, join Paramount Skydance as co-CEO

Mattel's longtime CEO Ynon Kreiz, who led the toymaker's transformation into a broader entertainment company, is stepping down and will join Paramount Skydance as

Business|Economy|Science|Technology

ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demand

ElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, twice the valuation it secured in its

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Caterpillar to invest $1 billion in North Carolina manufacturing capacity

Caterpillar said on Wednesday it plans to invest about $1 billion in North Carolina to expand manufacturing capacity for its compact equipment business amid rising customer demand.

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TSMC evaluates potential Texas investment, sources say

Taiwan's TSMC, the world's largest contract chipmaker, is evaluating a potential investment in Texas to expand chip production in the US,

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Citadel's Griffin donates $3 billion to Carnegie Mellon with plans for Miami campus

Billionaire investor Ken Griffin is donating $3 billion to Carnegie Mellon University to build a new campus in Miami and support initiatives at its

Business|Economy|Technology

Chinese factory activity expands in September amid AI boom

China's factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed

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OpenAI targets $30 billion funding at $1.4 trillion valuation, Bloomberg News reports

OpenAI aims to raise at least $30 billion in a funding round and is seeking a valuation of about $1.4 trillion, not including the money raised, Bloomberg News reported on Tuesday,

Business|Economy|Technology

RTX's Collins Aerospace to expand Iowa plant that makes engine components

RTX said on Tuesday that its aerospace and defense systems unit, Collins Aerospace, will expand its aircraft engine components facility in West Des Moines, Iowa, by 14,000 square

Business|Environment|Science|Technology

Oil and gas industry expected surplus – but war brought shortage instead

Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.

Business|Economy|Political

Cuba's top trade official says US impeding reforms, denies talks with Trump associates

Cuba's top trade official dismissed reports that companies linked to US President Donald Trump had come to Cuba this year to talk business, while calling

Business|Economy|Science|Technology

Anthropic warns AI may pose 'existential risks to humanity' in IPO filing

Anthropic plans to caution potential investors in its IPO that advanced AI could pose "catastrophic or existential risks to humanity," an extraordinary

Business|Economy

Trump unveils $15 billion planned Iowa steel project

US President Donald Trump on Monday said that a Minnesota company plans to build a multi-billion-dollar steel mill in Iowa, handing the

Economy|Political|World

Chile's Kast unveils $1.3 billion plan to create 100,000 jobs

SANTIAGO, Sept.

Business|Economy|Science|Technology

Cerebras to supply AI systems to cloud computing startup Gimlet Labs

By Max A.

Business|Economy

China's cabinet pledges stronger policy support to meet growth target

China's cabinet pledged on Monday to step up counter-cyclical policy support to address rising economic strains, signalling greater urgency to shore up growth and keep the

Business|Economy|Technology

Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada's Draganfly

Donald Trump Jr.-backed Unusual Machines and an unnamed US asset management company have invested $10 million in Canadian drone services firm Draganfly, as

Business|Economy|World

PepsiCo will invest $1 billion in Colombia over next five years, president says

PepsiCo will invest $1 billion in Colombia over the next five years, the South American nation's President Abelardo De La Espriella said on Sunday.

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Deputy chair of Turkey's AK Party resigns after trading allegation amid funds crisis

A deputy chair of President Tayyip Erdogan's ruling AK Party stepped down after an opposition politician accused her of making a large profit on shares just before a funds

Business|Economy|Finance

A reprieve from rising oil prices helps US stocks finish the week higher

A cooldown in oil prices helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three

Business|Economy|Finance|Technology

RedBird Capital to acquire majority stake in Puck at $250 million valuation, memo says

RedBird Capital Partners has agreed to acquire a majority stake in Puck in a deal valuing the five-year-old newsletter startup at about $250 million, according to a memo seen by

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Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake

Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake

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Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations

The dollar hit a fresh two-month high on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes

Economy|Europe|Political

Europe needs 'decisive change' in defence efforts to face Russia threat, EU agency says

The European Union is not rearming quickly or effectively enough to meet its goal of being ready to defend against Russia by 2030, according to the

Business|Technology

Honda plans to invest $2.5 billion to build hybrid vehicle plant in Ohio, Nikkei says

Japan's Honda Motor is in the final stages of preparations to build a new hybrid vehicle production plant in Ohio, the Nikkei business daily said on Thursday.