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Oil Servicer Weatherford Sees War Impacts Deepening This Quarter

Weatherford International Plc., one of the world’s largest oilfield-service providers, is warning that a hit to earnings in the wake of the Iran war will get worse this quarter, before an eventual rebound. 

Luggage makers go big on small as muted travel hits suitcase demand

Luggage makers are adjusting to declining suitcase sales by emphasizing smaller items like backpacks and travel accessories. Increased costs and geopolitical tensions have dampened summer season optimism. 

EU regulatory approvals for Tata Motors’ $4.4 bn Iveco deal run behind schedule

Tata Motors’ $4.4 billion Iveco buyout is facing delays as key European regulatory approvals remain pending, pushing the deal beyond its planned timeline. The lag could defer revenue recognition and slow down the integration of…

Microsoft unveils $25b AI splurge in Australia, but key details missing 

The US tech giant makes its largest-ever Australian commitment to expand AI infrastructure, cyber defences and skills – but stays silent on sites, power and jobs. 

Millions of renters hit by unlawful data collection 

The Privacy Commissioner’s landmark ruling comes as Australia’s rental market reaches crisis levels. 

Who is new Apple CEO John Ternus? 

After 15 years in charge Tim Cook has named well-liked Apple engineer John Ternus as his successor. 

A 40-year-old storage company just beat Mike Cannon-Brookes’ Atlassian 

Atlassian posted its strongest quarter ever, then got kicked out of the Nasdaq 100. The market has stopped rewarding software and started paying for storage. 

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Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

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