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Sony raised its full-year forecast after strong PlayStation 5 sales lifted revenue and profits in the December quarter, surpassing analyst expectations and driving an 18% growth.
The European Commission’s 2025 agenda focuses on economic resilience, regulatory simplification, and security, with 11 legislative proposals to streamline rules and boost investment.
Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit in 2025, as part of a restructuring plan amid speculation over UniCredit’s increasing stake.
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report fueled uncertainty, sending the Dow, S&P 500, and Nasdaq lower.
The AI Action Summit in Paris saw 61 countries commit to ethical and sustainable AI, but the US and UK declined to sign the final declaration.
South Korea will invest $285M in AI, cybersecurity, and energy tech by 2031, aiming to drive innovation and industrial growth, according to the Ministry of Trade, Industry, and Energy.
Portugal’s KvarnPortugal Fund merges Bitcoin investment with residency, offering investors a way to secure a Golden Visa through a minimum €500,000 commitment over five years.
The SEC and Binance requested a 60-day lawsuit pause, signaling a shift in crypto enforcement as the agency rethinks its regulatory approach under new leadership.
Federal Reserve Chair Jerome Powell said banking regulations should be reassessed to ensure they do not unfairly exclude crypto firms, following growing concerns over debanking practices.
The OPEC Fund and TSKB signed a €50M loan deal to boost Türkiye’s renewable energy, energy efficiency, and climate adaptation efforts, supporting its net-zero goal by 2053.
