SpaceX IPO and AI Startup Wealth Spark New Boom in Private Jet Demand
A surge in wealth created by SpaceX’s blockbuster IPO and the rapid rise of artificial intelligence startups is fueling a…
From the newsroom
BMW Q2 Deliveries Fall 6.5% as China Sales Drop Nearly 33%
BMW Group reported a decline in global vehicle deliveries during the second quarter of 2026, as a sharp slowdown in…
SoftBank, PayPay Reportedly Eye $1.85 Billion Investment in Seven & i
SoftBank Corp and digital payments platform PayPay are reportedly in talks to invest in Seven & i Holdings, the Japanese…
Audi’s Global Deliveries Fall 7% as China Competition and U.S. Tariffs Bite
Audi reported a 7% year-over-year decline in global vehicle deliveries during the first half of 2026, as weakening demand in…
Volkswagen Report Biggest Delivery Drop Since 2022 as China Sales Plunge
Volkswagen Group reported its largest quarterly decline in vehicle deliveries since 2022, as weakening demand in China overshadowed growth in…
Shein targets September Hong Kong IPO at $50 Billion Valuation
Fast-fashion giant Shein is reportedly targeting September or October 2026 for its long-awaited initial public offering (IPO) in Hong Kong…
SK Hynix CEO Warns of Worst-Ever Memory Chip Shortage in 2027, demand to outstrip supply beyond 2030
SK Hynix expects the global memory chip industry to face its most severe supply shortage in 2027, with demand projected…
EU tells Instagram, Facebook to change addictive features or risk fines
The European Union has warned Meta to overhaul what regulators describe as “addictive” design features on Facebook and Instagram or…
Netflix plans 24/7 Live TV Channels to Boost Viewer Engagement
Netflix is reportedly exploring the idea of introducing “always-on” live TV channels, a move that could further blur the line…
Disney+ is considering a free streaming tier
Disney+ is reportedly considering launching a free, ad-supported streaming tier as it looks to expand its audience and strengthen its…