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Amazon expands AWS sovereign cloud push in Europe as data rules tighten

Amazon has launched its new “sovereign cloud” service in Europe, aiming to stay competitive in a market where regulators are putting greater…
Stock

Ericsson job cuts in Sweden deepen telecom cost-cutting drive

Ericsson AB is preparing to cut about 1,600 jobs as it pushes ahead with efforts to reduce operational costs. The Swedish network…
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India’s trade story splits as exports rise modestly and imports surge ahead

India’s latest trade numbers show a mixed picture, with exports staying in positive territory while imports climbed at a much faster pace….
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Should investors be bullish on Meta as it prepares for another big pivot?

Every few years, Meta Platforms (NASDAQ: META) forces investors to re-decide what kind of company it really is. Is it a mature…
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WTI crude slips below $60/barrel as Trump eases Iran tensions

The West Texas Intermediate crude oil prices slipped back below the $60 per barrel level as geopolitical tensions eased.  Both oil benchmarks,…
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Germany’s second-largest bank, DZ Bank, approves Bitcoin and crypto trading

Germany’s second-largest bank, DZ Bank, has taken a decisive step into the digital asset market by approving Bitcoin and cryptocurrency trading. The…
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Saudi PIF shifts $12B gaming stakes to Savvy as portfolio gets consolidated

Saudi Arabia’s Public Investment Fund (PIF) is shifting roughly $12 billion worth of listed gaming shares to its subsidiary, Savvy Games Group….
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Lloyds share price rally accelerates — will this momentum last?

Lloyds share price continued its strong bull run this year, and is now hovering at its highest level since September 2008. It…
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Bitcoin ETFs see over $750M in inflows as BTC breaches $95K

US spot Bitcoin exchange-traded funds recorded their largest daily net inflows in more than three months on Tuesday, signalling a renewed wave…
Stock

Inside Saks Global’s bankruptcy: luxury slowdown and a debt-heavy acquisition

Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection…
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