Saudi Arabia Joint Venture

World

UK's Gridworks Inks $400M Ethiopia Power Deals as Foreign Minister Visits to Address Migration Pressures

During UK Foreign Secretary Yvette Cooper's visit to Addis Ababa, British investor Gridworks signed landmark agreements to develop two major transmission projects. The deals, part of a broader UK strategy linking economic development with migration management, mark Ethiopia's first public-private partnerships in its power transmission sector.

Feb 2, 2026

Business

Disney Beats Q1 Estimates, Holds Steady on Full-Year Outlook as Streaming and Parks Drive Growth

The Walt Disney Company surpassed Wall Street's revenue and earnings expectations for its fiscal first quarter, powered by strength in its streaming services and theme parks. The media giant reaffirmed its full-year forecast for double-digit profit growth, signaling confidence in its ongoing strategic transformation.

Feb 2, 2026

Business

Beyond the FTSE Slump: Three UK Penny Stocks Showing Resilience Amid Market Uncertainty

While broader UK indices face headwinds, a closer look reveals potential in smaller-cap companies. We examine three penny stocks—Alumasc Group, Mercia Asset Management, and Roebuck Food Group—that are navigating economic challenges with distinct strategies and financial profiles.

Feb 2, 2026

Business

Curreen Capital's 'Crazy Cheap' Bet on Fortrea Pays Off as Fund Posts Strong 2025 Gains

Investment firm Curreen Capital, known for targeting undervalued 'ugly duckling' companies, highlighted contract research organization Fortrea Holdings as a prime example of its strategy in its latest investor letter. The firm reported a 30.97% return for 2025.

Feb 2, 2026

Business

Consumer Campaign Targets Hannaford's Pricing and Practices, Yet Shoppers Show Limited Awareness

A months-long advocacy campaign criticizing Hannaford's pricing and animal welfare policies has gained little traction among Maine shoppers, many of whom remain loyal to the dominant grocer despite concerns over affordability.

Feb 2, 2026

Business

Epstein Files Reveal Early Crypto Rivalry: 2014 Email Shows Bitcoin Insiders Saw Ripple as Strategic Threat

A newly surfaced 2014 email from the Jeffrey Epstein documents reveals Bitcoin-aligned executives warning investors about backing rival projects like Ripple. Some XRP proponents are framing the disclosure as validation of the token's early significance, though market momentum remains bearish.

Feb 2, 2026

Business

Qatar Launches Historic Offshore Decommissioning, Taps McDermott for Landmark Project

QatarEnergy awards McDermott a pivotal contract to plan the removal of 27 aging offshore platforms, marking the nation's first major step in responsibly retiring legacy oil and gas infrastructure.

Feb 2, 2026

Business

Cotton Inc. Bets on Unified Marketing Strategy, Appoints First CMO to Counter Synthetics

Facing stiff competition from synthetic fibers, the cotton industry's leading research and promotion body has created a chief marketing officer role and merged its marketing teams to drive demand across the entire supply chain.

Feb 2, 2026

Business

Hilltop Honey Appoints Tom Delaney as CEO to Spearhead Ambitious £100m Growth Plan

Founder Scott Davies steps into executive chairman role as the Welsh honey maker rebrands to Hilltop Food Group and targets doubling turnover within five years through international expansion and new product categories.

Feb 2, 2026

Business

Maesa's Ontu Launch Aims to Elevate Mass-Market Body Care to Facial-Grade Standards

Brand incubator Maesa is betting on the growing body care category with the launch of Ontu, a new line bringing high-performance, facial-inspired formulas to Target shelves at accessible price points, capitalizing on shifting consumer skincare rituals.

Feb 2, 2026

Business

Tesla Bets the Factory: Musk Redirects Fremont Production Lines to Fuel Optimus Robot Ambitions

In a strategic pivot, Tesla's Q4 earnings call revealed plans to halt Model S and X production at its Fremont plant, repurposing the space for a massive push into humanoid robotics with the Optimus project, as Elon Musk outlines a vision for a million-unit annual output.

Feb 2, 2026

Business

From $2.9 Billion to $7,386: How Tesla's Cybertruck Stumble Evaporated a Korean Family's Fortune

A South Korean family's paper wealth soared past $800 million after their company, L&F Co., inked a landmark battery materials deal with Tesla. Less than two years later, a quiet regulatory filing slashed the contract's value by 99.9997%, a collapse tied directly to Tesla's production struggles with its Cybertruck and 4680 battery cells.

Feb 2, 2026

From Alley to Empire: Three Decades On, New York's Tech Scene Has Outgrown Its Moniker

A recent anniversary event for 'Silicon Alley' highlighted how New York's technology sector has evolved from a concentrated downtown community into a vast, decentralized force spanning finance, AI, and e-commerce.

Feb 2, 2026

As AI Penetrates Patient Care, a Patchwork of State Rules Replaces Federal Guardrails

With pharmaceutical companies increasingly deploying AI in direct-to-consumer platforms, the regulatory landscape remains fragmented. In the absence of comprehensive federal action, states are stepping in with disparate laws to address privacy and safety concerns, creating a complex compliance challenge for the industry.

Feb 2, 2026

Business

Beyond the Penny Label: Three TSX-Listed Small Caps With Strong Balance Sheets and Growth Ambitions

As the TSX rides a wave of broad-based earnings optimism, a closer look reveals smaller companies, often miscategorized as 'penny stocks', that combine financial resilience with clear growth trajectories. We examine three such firms with market caps up to CA$700 million.

Feb 2, 2026

World

Japan Achieves Deep-Sea Breakthrough in Quest for Rare Earth Independence

Japan has successfully retrieved rare-earth-rich sediment from the deep Pacific seabed in a world-first test, marking a significant step in its national strategy to diversify critical mineral supplies and reduce dependence on China.

Feb 2, 2026

Business

Beyond Nvidia: How Broadcom and TSMC Are Carving Out the Next Frontier in AI Chips

As tech giants scramble to curb soaring AI costs, a strategic pivot toward custom silicon is reshaping the competitive landscape, with Broadcom's design prowess and TSMC's manufacturing dominance creating a powerful new axis of influence.

Feb 2, 2026

Business

Beyond the AI Hype: Why Giverny Capital Is Betting on Industrial Stalwart Hawkins (HWKN)

Amid a market obsessed with artificial intelligence, investment firm Giverny Capital reveals a new position in Hawkins, Inc., a specialty chemicals manufacturer. We examine the rationale behind this contrarian bet and what it says about current market dynamics.

Feb 2, 2026

Business

KTM's Rocky Road: 2025 Sales Slump Underscores Persistent Challenges Despite Restructuring

KTM's preliminary 2025 financial results reveal a steep decline in revenue and sales, casting doubt on the efficacy of recent restructuring efforts and raising questions about the brand's near-term recovery trajectory.

Feb 2, 2026

Business

Jelou Secures $10M to Bring AI-Powered Banking to WhatsApp in U.S. Expansion

Fintech startup Jelou has raised $10 million in Series A funding to scale its AI-driven conversational banking platform, Brain, from Latin America to the U.S., enabling payments, verification, and credit services directly within messaging apps.

Feb 2, 2026