business
45 articles found
Browse Categories
Spain regularise migrants: €-economy bet, 500k pathway
Spain regularise migrants via a new royal-decree pathway targeting about 500,000 undocumented people and some asylum seekers. The plan starts in April 2026 with a time-limited application window and aims to boost legal work access, tax receipts, and integration amid political backlash.
U.S. stocks fell as tech-led AI selloff hits semis
U.S. stocks fell on Wed., Feb. 4, 2026 as semis slid and tech multiples reset. The S&P 500 lost about 0.8% and the Nasdaq dropped about 1.9%, with AMD down roughly 16–17% on guidance focus and a rotation into value.
JioBlackRock: Fink says next 25 years are India’s era
At a JioBlackRock-linked event in Mumbai, BlackRock CEO Larry Fink said the next 20–25 years could be “India’s era,” spotlighting a long-horizon push into India’s retail and wealth channel. The message reinforces India-focused asset gathering, not just foreign inflows.
Infineon 2026 capex raised to €2.7bn for AI demand
Infineon 2026 capex is rising as the chipmaker lifts its FY2026 investment target by €500m to €2.7bn to meet AI data-center demand. The company says AI-related revenue should move from about €1.5bn in FY2026 to €2.5bn in FY2027, reshaping Europe’s AI-infra supply chain.
Trevi Fountain access fee: Rome charges €2 for close-up
Trevi Fountain access fee rules began Feb. 2, 2026: visitors pay €2 to enter the lower viewing area during set hours, while the piazza view stays free. Rome says the move will manage overcrowding and fund maintenance, adding momentum to “pay-to-protect” policies.
Australia rate hike shocks markets after two-year pause
Australia rate hike jolted investors as the Reserve Bank of Australia lifted the cash rate 25 bps to 3.85% on Feb. 3, 2026. The RBA cited sticky inflation and a tighter labor market, pushing markets to price more tightening and lifting global FX and carry-trade stakes.
GIC-Sony music catalog partnership targets rights deals
A new music catalog partnership between Singapore’s GIC and Sony Music Group will pursue acquisitions of marquee rights, with terms undisclosed. Reuters says Bloomberg estimated a $2B–$3B vehicle, underscoring how institutional capital is pricing music IP like infrastructure.
Grammys weekend: Lifetime honors and record-book bids
Grammys weekend is leaning hard into legacy and “firsts.” The Recording Academy honored Cher, Chaka Khan, Whitney Houston, Fela Kuti, Carlos Santana, and Paul Simon, while Reuters flags record-book scenarios for Bad Bunny and Kendrick Lamar at the Feb. 1 show.
Bangladesh Bank dollar auctions ramp up as remittances surge
Bangladesh Bank dollar auctions intensified after January 2026 remittances hit about $3.17B. The central bank kept buying dollars at Tk 122.30 to smooth FX moves and rebuild reserves, shaping import costs and bank liquidity.
PrimeSync Solutions wins SelectUSA 2026 Tech Pitch
PrimeSync Solutions won the SelectUSA 2026 Tech Pitch Competition in Dhaka, earning complimentary registration for the SelectUSA Investment Summit in the U.S. Here’s what the win signals for Bangladesh’s AI and startup scene.
S&P 500 breaks 7,000 as gold hits $5,200 record
S&P 500 breaks 7,000 for the first time as an AI-led rally broadens ahead of “Magnificent Seven” earnings and the Fed. Gold also surged above $5,200/oz on dollar weakness, while oil rose after a winter storm disrupted U.S. output and exports.
Vienna austerity closes composer museums for 2026
Vienna austerity is curbing cultural access as the city closes Schubert, Strauss and Haydn-linked museum sites and trims opening hours elsewhere. The 2026 culture budget falls to €28.4m from €29.7m in 2025, with more cuts flagged ahead.
Russia fuel oil exports to Asia slow as sanctions bite
Russia fuel oil exports to Asia are running near 1.2 million metric tons in January, down from about 2.5 million a year earlier, as sanctions, refinery disruptions and compliance risk push cargoes into longer routes and more floating storage.
Intel AI data center demand strains supply, shares sink
Intel AI data center demand outpaced supply as Intel forecast Q1 revenue and profit below estimates, triggering a 13% after-hours drop. Executives said factories are at capacity but mix shifts lag, while new process yields and PC margins add pressure.
Capital One Brex deal: $5.15B bank–fintech takeover
Capital One Brex deal: Capital One agreed to buy Brex for about $5.15B in a ~50/50 cash-stock transaction, targeting mid-2026 close. The move expands Capital One’s commercial payments stack and tests regulators’ appetite for bank-fintech consolidation.
Oil whipsaws on Iran and Ukraine signals, China buys more
Oil whipsaws as Trump rhetoric swings on Iran and markets price Russia-Ukraine progress. Brent slipped near $64 and WTI near $59, then rebounded on renewed Iran threats. Reuters data also show China lifting seaborne Russian crude imports toward ~1.5m bpd in January.
Netflix Warner deal shifts to $82.7B all-cash bid
The Netflix Warner deal is now an all-cash $82.7B offer after Netflix amended terms to pay $27.75 per Warner share. Warner’s board unanimously backs the plan, with a shareholder vote expected by April, as rivals and regulators watch consolidation closely.
Gold record as Greenland tensions whip global markets
Gold record pricing held as markets swung on Trump-Europe Greenland tensions. A risk-off wave followed tariff threats, then eased after Trump said at Davos he “would not use force” to acquire Greenland, tempering the sharpest tail-risk bets.
Oil outlook 2026: oversupply base case, Iran the swing
Oil outlook 2026 is set by oversupply, with a Reuters poll seeing Brent at $61.27 a barrel. But Iran disruption remains the swing risk, as Fitch says any shock may be muted by surplus supply, keeping traders focused on geopolitics.
Oil prices slide as Trump cools Iran risk premium
Oil prices slid more than 2% in early Asian trade on January 15, 2026 after Trump remarks eased fears of imminent U.S. military action against Iran. A surprise U.S. crude inventory build and Venezuela export news added bearish pressure.