Puma shares surge 20% after Anta Sports buys stake for $1.8 billion
Shares of Puma surged after China’s Anta Sports said it would acquire a 29% stake in the German sportswear company for 1.5 billion euros.
Big Tech’s AI data center push is spawning a new heat economy
AI’s energy problem may also be its solution, as cities are increasingly exploring opportunities to repurpose excess heat from data centers.
European markets set to open higher as earnings come into focus
European stocks are expected to open higher Tuesday, as a busy earnings week gathers pace.
Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms
Tencent’s expansion will likely put it into more direct competition with U.S. giants including Amazon, Microsoft and Google.
‘Never interrupt your adversary when he’s making a mistake’: Why Beijing isn’t rushing to answer Trump’s tariff broadside
Analysts expect the U.S.-China trade truce to hold as Beijing bets Trump won’t follow through on his threats ahead of a leaders’ meeting in April.
India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says
Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi’s largest trading partner.
South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs
The bill aims to establish a state-run investment corporation and fund to manage Seoul’s planned $350 billion investment pledge to Washington.
Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy
Asian equity markets are commanding global investor attention on the back of an IPO surge and rising cross-border, said JPMorgan and Goldman Sachs.
Meta to test premium subscription plans for Instagram, Facebook and WhatsApp
Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months.
China’s industrial profits rise 0.6% in 2025, accelerating in December as output expands despite weak demand
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