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Primark CEO Paul Marchant Steps Down Following Investigation into Social Conduct

Primark CEO Paul Marchant resigns after an investigation into his conduct with a female in a social environment, acknowledging his error of judgment. Associated British Foods empha...

Business

Moderna Stocks Plunge Over 13% Premarket as FDA's Top Vaccine Official Peter Marks Resigns Under Pressure

Moderna Inc.'s shares dropped over 13% premarket after FDA's top vaccine official Peter Marks resigned under pressure from the Trump administration, highlighting the biotech sector...

Business

MicroStrategy's Bold $1.92B Bitcoin Investment: A Strategic Move or Market Gamble?

MicroStrategy Incorporated has made headlines with its latest acquisition of 22,048 Bitcoin for $1.92 billion, reinforcing its stance on cryptocurrency investment. The purchase, de...

Business

AMD Expands AI Portfolio with a $4.9 Billion Strategic Acquisition of ZT Systems

AMD has completed its $4.9 billion acquisition of ZT Systems, aiming to integrate AMD's CPU, GPU, and networking silicon with ZT's systems for advanced AI solutions. Frank Zhang jo...

Business

HAL Achieves Record Revenue of Rs 30,400 Crore Amidst Supply Chain Challenges for LCA

HAL reports a slight revenue increase to Rs 30,400 crore for 2024-25 despite LCA and ALH delivery challenges, with a robust order book and strategic expansions setting the stage fo...

Business

US Revokes Venezuela Operating License for French Oil Giant M&P: What's Next?

French oil company M&P confirms the US revoked its Venezuela operating license, part of a broader OFAC initiative. Venezuela deems the move illegal, vowing continued cooperation wi...

Business

Apple Slapped with a Hefty €150M Fine by France for Unfair App Tracking Transparency Practices

France fines Apple €150M for abusing its market dominance with the App Tracking Transparency feature, criticizing its disproportionate impact on privacy and third-party apps.

Business

Primark CEO Paul Marchant Steps Down Following Investigation into Conduct with Woman

Primark CEO Paul Marchant resigns after an investigation into his conduct with a woman in a social setting, acknowledging his actions fell below company standards.