Amazon to Shut Down Freevee Streaming Service Amid Broader Content Shift
Amazon will shut down its Freevee streaming service, consolidating its ad-supported content into Prime Video and signaling major changes in the streaming landscape.
Vishakha Singh
Nippon Steel Secures $5.6 Billion in Subordinated Loans to Fund U.S. Steel Acquisition
Nippon Steel secures $5.6 billion in subordinated loans from Japanese megabanks to fund its $15 billion acquisition of U.S. Steel, advancing the deal amid regulatory review.
Tesla’s China EV Sales Surge 37% in June: Strong Rebound Amid Competition
Tesla’s China EV sales jumped 37% in June 2025 to 61,000 vehicles, signaling a strong rebound amid fierce market competition.
China Industrial Profits Plunge 9.1% in May as Manufacturing Sector Faces Headwinds
China’s industrial profits fell 9.1% in May 2025, highlighting ongoing challenges for the manufacturing sector amid weak demand and factory deflation.
Blackstone Acquires $2 Billion in Commercial Real Estate Loans from Atlantic Union Bank
Blackstone acquires $2 billion in commercial real estate loans from Atlantic Union Bankshares, reflecting trends in CRE lending and regional bank risk management.
Mediobanca Pledges €4.9 Billion Shareholder Reward Amid Rising Takeover Speculation
Mediobanca pledges €4.9 billion in shareholder rewards through 2027, amid speculation over a potential Monte dei Paschi takeover.
FedEx Reports Mixed Q4 2025 Earnings Amid Cost Cuts and E-commerce Shifts
FedEx beats Q4 2025 profit estimates but misses on revenue as cost cuts and slower e-commerce growth shape the company's outlook. Dividend raised by 10%.