Corporates

PENN Entertainment Announces New Corporate Organizational Structure for 2026

PENN Entertainment has announced a corporate restructuring for 2026 aimed at improving omnichannel growth, leadership efficiency, and free cash flow.

Adani Enters Battery Storage with India’s Largest 1126 MW Project

Ahmedabad, Gujarat:The Adani Group has stepped into India’s battery storage market with a major announcement — a 1126 MW / 3530 MWh Battery Energy Storage System (BESS) at Khavda, Gujarat. This will be India’s largest battery storage project and one…

LIC Refutes Washington Post Report on $3.9 Billion Adani Investment Claim

The Life Insurance Corporation of India (LIC) has rejected a Washington Post report claiming that the Indian government directed it to invest nearly $3.9 billion (₹33,000 crore) in Adani Group companies. The insurer called the report “false and baseless” and…

Cipla Shares Dip Despite Eli Lilly Weight-Loss Drug Deal

Cipla Limited is a leading Indian pharmaceutical company. It operates in over 80 countries. The company produces generic and specialty medicines for respiratory, cardiovascular, oncology, and diabetes therapies. Founded in 1935, Cipla is known for affordable medicines and a strong…

US Tariff Surge Puts Indian Pharma Exports at Risk, Warns Fitch

India’s pharmaceutical sector, long considered a reliable growth engine in the country’s export landscape, is now staring at a potential disruption. A recent report from Fitch Ratings has raised red flags over the industry’s exposure to escalating trade tensions between…

Germans Are Finally Adopting Air Conditioning — Even Renters Are Joining In

As Heatwaves Intensify, Germans — Even Renters — Are Turning to Air Conditioning Walking through German neighborhoods today, you’re likely to spot a new feature hanging from windows and sitting on balconies: portable air conditioning units. In a country where…

AI Framework Should Be ‘US Plus China’, Not ‘US Versus China’: Power Dynamics CEO

Jen Zhu Scott, Co-Founder and CEO of Power Dynamics, has called for a collaborative AI development model that unites the United States and China, rather than one that pits the two tech superpowers against each other. Speaking at a recent…

Microsoft Wins FTC Appeal Over Activision Deal

Microsoft has successfully defended its $69 billion acquisition of Activision Blizzard, as a U.S. federal appeals court dismissed the Federal Trade Commission’s (FTC) legal challenge against the blockbuster deal. The 9th U.S. Circuit Court of Appeals, based in San Francisco,…

US Stocks Edge Higher as Strong Corporate Earnings Boost Market Sentiment

Wall Street’s major indexes saw modest gains on Thursday as upbeat earnings from leading companies lifted investor confidence. Markets remained cautious amid ongoing trade policy uncertainties under U.S. President Donald Trump. Key Market Movers Stock Market Performance As of 9:52…

McDonald’s Adjusts Diversity Approach in Latest Corporate Shift

McDonald’s Corp. has unveiled a significant change to its diversity, equity, and inclusion (DEI) strategy, signaling a retreat from its previous goals in response to growing pressure on corporate diversity initiatives. The fast-food giant will no longer set “aspirational representation…