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Uber raises stake in Delivery Hero in $318 million deal
Stocks News

Uber raises stake in Delivery Hero in $318 million deal

Uber will pay will pay 20 euros a share for an additional 4.5% of Delivery Hero’s shares, it was declared on Friday. Prosus, which is selling the shares, remarked gross proceeds are approximately 270 million euros ($318 million). Prosus has been forced by European regulators to liquidate down its Delivery Hero stake to proceed with […]

U.S. seeks bigger energy foothold in India. Why it could be a problem for Novel Delhi
Stocks News

U.S. seeks bigger energy foothold in India. Why it could be a problem for Novel Delhi

U.S. Ambassador to India Sergio Gor met India’s energy minister to discuss expanding India’s “access to reliable American energy.” The U.S. has commented it will not be renewing previous waivers on Russian and Iranian oil. High freight costs, incompatible refinery infrastructure, and longer delivery times are among the key obstacles to increased U.S.-India energy trade. […]

Nvidia rival tells CNBC it's seeking at least $100 million in funding as European AI chip industry booms
Stocks News

Nvidia rival tells CNBC it's seeking at least $100 million in funding as European AI chip industry booms

European chip startups increasingly eye large funding rounds as they look to scale amid the AI boom. Dutch firm Euclyd, backed by the former CEO of chipmaking equipment giant ASML, told CNBC it is in discussions with investors for a round of at least 100 million euros ($118 million). But Europe’s funding ecosystem, as well […]

Spain touts energy resilience to Iran war as Trump tensions cast shadow over trade
Stocks News

Spain touts energy resilience to Iran war as Trump tensions cast shadow over trade

Spain’s economy minister has touted the country’s energy resilience during the Iran war. The southern European country has ramped up its investment in solar and wind technologies in recent years. U.S. President Donald Trump has threatened to sever trade ties with Madrid, repeatedly criticizing the country’s commitment to defense spending. Spanish Economy Minister Carlos Cuerpo […]

Israel's central bank chief pins hopes on peace as economic shock looms
Stocks News

Israel's central bank chief pins hopes on peace as economic shock looms

Israel’s central bank governor hopes the country can quickly rebound from a hit to economic growth caused by wars in Iran and Lebanon. Amir Yaron acknowledged there is “huge uncertainty” around the situation in the Middle East, as Israel and Lebanon agreed to a 10-day ceasefire on Thursday. He stated the economy has demonstrated “resiliency” […]

Tanker diplomacy: Trump faces tests from Havana to Hormuz
Stocks News

Tanker diplomacy: Trump faces tests from Havana to Hormuz

From Cuba to the Persian Gulf, Trump is expected to face fresh tests across a recent arc of tanker diplomacy. The U.S. is seeking to ramp up economic pressure on both Cuba and Iran. “The logical Iranian move, from a pure statecraft perspective, is to test the blockade with a Chinese-linked or flagged tanker,” Brett […]

Some grocers are using AI to cut food waste and boost income margins
Stocks News

Some grocers are using AI to cut food waste and boost income margins

Some grocers are using AI to help set pricing as shoppers chase deals and split trips across retailers. Targeted markdowns on perishables can help cut waste and turn “shrink” into revenue. Tools like AI-company ‘Flashfood’ has helped Kroger and other grocers boost traffic, spending and margins without broad discounts As grocery chains face mounting pressure […]

World's biggest chocolate maker issues earnings warning as cocoa prices collapse; shares plunge 17%
Stocks News

World's biggest chocolate maker issues earnings warning as cocoa prices collapse; shares plunge 17%

Swiss chocolate maker Barry Callebaut has lowered its operating earnings oulook, citing supply concerns and industry overcapacity. This also touches on aspects of wall street. Shares of the firm, which is the world’s largest chocolate maker, fell as much as 17% on the news. Swiss chocolate maker Barry Callebaut on Thursday slashed its operating earnings […]

How the wealthy are planning to cut their 2026 tax bills
Stocks News

How the wealthy are planning to cut their 2026 tax bills

With this year’s Tax Day now behind us, wealthy investors and top earners are planning how to lower their tax bills for next year and beyond. They have more tools at their disposal thanks to the One Huge Beautiful Bill Act, but they also have to navigate a volatile stock marketplace and latest state-level legislation. […]

35% of Gen Z homebuyers are single women, research shows. Here’s why they need an estate plan
Stocks News

35% of Gen Z homebuyers are single women, research shows. Here’s why they need an estate plan

The share of single women Gen Z homebuyers is nearly double the number of same-aged single men buyers, research shows. Among all singles, the share who have a will — a key estate planning document — is 16%, compared with 37% of married individuals. There are steps recent homeowners should take to build sure that […]

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