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Paramount Skydance to cut around 2,000 Jobs amid cost-cutting push: report

Paramount Skydance employees are set to face a substantial wave of layoffs under the leadership of David Ellison, Variety has reported. The…
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Kering in talks to sell beauty business to L’Oréal for $4B: report

Kering SA, the French luxury conglomerate and parent company of Gucci, is in advanced discussions to sell its beauty division to L’Oréal…
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Weekly wrap: US shutdown drags on, Trump touts cease-fire success

This week brought a mix of political stalemate, global diplomacy, and market unease as Washington remained mired in a prolonged government shutdown,…
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Why Hims & Hers stock is failing to retain menopause gains and what comes next?

Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments –…
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Why Oracle stock tanked over 6% on Friday

Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed…
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Philip Jansen of WPP poised to become Heathrow’s next chairman: report

Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to…
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HDFC Bank’s Q2 profit beats estimates as loan growth strengthens

HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and…
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ICICI Bank reports strong Q2 profit, driven by retail loan growth

ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and…
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What did Zions Bancorp & Western Alliance do, and why is Wall Street so volatile?

Zions Bancorp announced a $50 million charge-off on two troubled loans at its California Bank & Trust unit, while Western Alliance Bancorp…
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Japan’s megabanks unite on digital yen and dollar stablecoin initiative

Japan’s three largest financial groups — Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group — are…
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