
Hermès Q1 2026 Sales Miss Expectations Amid Iran War and China Slowdown
Apr 15, 2026 08:39 am UTC| Business
Hermès shares plunged over 12% in Paris trading after the French luxury giant reported weaker-than-expected first-quarter results, erasing more than $20 billion in market value as geopolitical tensions and slowing...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban
Apr 15, 2026 04:35 am UTC| Business Technology Governance Politics
Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest
Apr 15, 2026 04:25 am UTC| Politics Business
Japan is preparing to significantly loosen its arms export restrictions, and allies from Europe to Southeast Asia are already lining up. Prime Minister Sanae Takaichis ruling party has approved the sweeping policy changes,...

Uber Bets Big on Autonomous Vehicles with $10 Billion Commitment
Apr 15, 2026 04:19 am UTC| Business
Uber is making a bold strategic pivot, reportedly committing over $10 billion toward acquiring thousands of self-driving vehicles and securing ownership stakes in autonomous vehicle developers. The move signals a...

CSN's Cement Unit Sale Could Exceed $2 Billion as Global Giants Circle
Apr 15, 2026 04:17 am UTC| Business
Brazilian steelmaker CSN is moving forward with the sale of its cement division, with binding offers expected to arrive by late June 2025. The companys CFO, Marco Rabello, confirmed to Reuters that the binding phase will...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring
Apr 15, 2026 04:15 am UTC| Business Technology
Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO
Apr 15, 2026 04:09 am UTC| Business Technology
South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...