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World

Lord Mandelson Resigns from House of Lords Amid Deepening Epstein Scandal

Peter Mandelson, the former UK ambassador to the US and a senior Labour figure, has announced his retirement from the House of Lords as pressure mounts over his disclosed ties to the late financier and convicted sex offender Jeffrey Epstein. The move follows Prime Minister Keir Starmer's condemnation and comes as authorities on both sides of the Atlantic review potential misconduct.

Business

AMETEK Caps Record Year with Strong Q4, Eyes Strategic Growth Through Acquisitions and Innovation

AMETEK reported robust fourth-quarter and full-year 2025 results, setting new records across key financial metrics. The diversified technology manufacturer highlighted double-digit sales and order growth, significant margin expansion, and a record backlog. The company also announced the acquisition of LKC Technologies and provided an optimistic outlook for 2026, underpinned by a disciplined capital deployment strategy and a focus on high-value niche markets.

Business

SolarEdge Shifts Strategy: U.S.-Made Inverters Head to Europe Amid Margin Push

SolarEdge Technologies has initiated exports of its U.S.-manufactured residential inverters to key European markets, marking a strategic pivot to leverage domestic production for global growth. The move, coupled with a new 'single SKU' product design, aims to streamline operations and improve margins as the company navigates a competitive landscape.

Business

Leadership Crossroads: The High-Stakes Search for 7-Eleven's Next CEO

As 7-Eleven prepares for a pivotal North American IPO, the hunt for a new chief executive intensifies. The successor must navigate profitability challenges and steer the iconic convenience chain into its next era. Industry insiders are closely watching a mix of internal veterans and external contenders for the top job.

Business

From Iger to D'Amaro: The Tumultuous Path to Disney's New CEO

After years of high-stakes drama, false starts, and a brief, turbulent reign, The Walt Disney Company has finally named its next leader. Theme parks chief Josh D'Amaro is set to take the helm, marking the end of Bob Iger's prolonged and interrupted exit and opening a new chapter for the entertainment giant.