Sophia Patel — Business & Finance Editor 
Volkswagen considers long-term reorganization involving Győr plant The Volkswagen Group is preparing for one of the most significant transformations in its history, with strategic scenarios now including the potential long-term reassessment of the Audi Hungaria plant in Győr. Internal documents reviewed by the Manager Magazin indicate that CEO Oliver Blume has presented a comprehensive reorganization … Read more
IDBI Bank Officers and Staff Call Nationwide Strike for July 27 The United Forum of IDBI Officers and Employees has announced a one-day nationwide hunger strike scheduled for Monday, July 27, to protest the government’s proposed privatisation of IDBI Bank. The protest comes as the Department of Investment and Public Asset Management (DIPAM) works toward … Read more
Americans Fall Short of Retirement Savings Goals American workers believe they need an average of $1.2 million in savings to retire comfortably, yet a significant majority do not expect to reach that milestone. Retirement Survey released by the global asset management firm Schroders, only 30% of workplace retirement plan participants believe they will hit the … Read more
Apple Overtakes Nvidia in Market Valuation Surge Apple Inc. has touched a record market capitalization of $4.88 trillion, briefly eclipsing Nvidia to reclaim its title as the world’s most valuable company. By the close of Friday’s trading, Apple shares nudged up 0.08%, pushing its market cap to $4.9 trillion. During that same session, Nvidia saw … Read more
Global equity markets are retreating as a deepening sell-off in semiconductor stocks, led by Micron Technology and Taiwan Semiconductor, collides with escalating Middle East conflict. Investors are reassessing the sustainability of AI-driven capital expenditure, while rising oil prices and concerns over potential Federal Reserve interest rate hikes dampen risk appetite. Semiconductor Rout and the AI … Read more
The Nigerian National Petroleum Company Limited’s gas and power unit, NGPIS, has secured ISO 9001:2015 certification for its quality management systems. Awarded by the British Standards Institution, the certification follows a rigorous implementation process that began in December 2024 to align the company’s operational standards with globally accepted industry best practices. Certification of NGPIS Operational … Read more
Netflix shares tumbled more than 10% on Friday after the streaming giant reported second-quarter revenue of $12.56 billion, missing analyst expectations, and issued a lukewarm forecast for the third quarter. The company also announced plans to shift its What We Watched engagement reports to an annual cadence beginning in 2027. Investors reacted sharply to the … Read more
Astro Malaysia Holdings Bhd is moving to divest a significant non-core asset as it navigates a period of financial pressure. The group’s wholly-owned subsidiary, MEASAT Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) to dispose of a commercial property in Cyberjaya, Selangor, to AIMS Central Sdn Bhd … Read more
Trump Media & Technology Group is launching a paid API service on August 1 to provide institutional traders with licensed, real-time access to Truth Social posts. The move faces sharp criticism from ethics experts and lawmakers, who characterize the sale of expedited access to presidential communications as a conflict of interest. Truth PSI and the … Read more
Netflix shares fell more than 9% in premarket trading following the company’s second-quarter earnings report released on July 16, 2026. While the streaming giant’s earnings per share beat analyst expectations, its revenue narrowly missed estimates, and its third-quarter outlook disappointed investors. The company reported $12.56 billion in revenue for the second quarter, representing a 13.4% … Read more