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Atletico Madrid is gearing up for a critical Madrid derby against Real Madrid, with manager Diego Simeone aiming to revitalize the squad after a disappointing fourth-place finish last season. Following nearly 12 years at the helm, Simeone has overseen a significant squad overhaul, investing nearly 200 million euros in four

In a significant move, the OPEC+ alliance is intensifying its scrutiny on member compliance with oil output cuts after recently postponing a planned increase in production. This renewed focus comes in response to ongoing underperformance from key members and the broader challenges facing the global oil market. OPEC+ Adjusts Focus

Taobao is waiving delivery fees for Hong Kong users on orders over 99 yuan, setting aside one billion yuan (approximately US$142 million) for this initiative during the fourth quarter. Running for three months, the campaign includes categories like fashion accessories, electronics, and skincare, coinciding with Alibaba’s peak sales

Disney has announced a fresh wave of layoffs, impacting over 300 corporate positions in the U.S. as part of its ongoing cost-saving initiatives. This marks the third round of job cuts since May 2024, with the number of affected roles expected to rise further. The layoffs primarily target corporate

Runway has announced a groundbreaking initiative to boost the emerging AI film ecosystem by setting aside $5 million in cash and additional service credits to fund up to 100 original films. The company aims to encourage filmmakers to integrate its generative video model into their projects. Dubbed the Hundred Film

Aster DM Healthcare Ltd.’s newly established Gulf unit is gearing up for an ambitious expansion in Saudi Arabia, targeting acquisitions worth up to $250 million. This strategic move aims to enhance Aster’s presence in the Kingdom’s rapidly growing healthcare sector. Aggressive Acquisition Strategy In an exclusive interview,

Acadia Healthcare, one of the largest for-profit psychiatric hospital chains in the U.S., has agreed to pay nearly $20 million to settle a federal investigation into accusations of defrauding Medicare and Medicaid. The Justice Department announced the settlement on Thursday, citing practices that involved holding patients longer than necessary