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Schaeffler Job Cuts: 3,460 Roles Go as German Car Supplier Crisis Deepens
Schaeffler job cuts will remove 3,460 jobs in Europe and close four German plants. See the facts behind Germany’s car supplier crisis.
Singapore Airlines Data Breach: 46,000 Bookings via Amadeus
Singapore Airlines data breach: 46,000 booking records accessed via Amadeus. See what data leaked, who else is hit and what to do.
Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
Anthropic S-1 Filing Reveals $17B Q3 Revenue and $895B in Compute Deals
Anthropic S-1 filing shows $17B Q3 revenue, a $104B nine-month loss and $895B in compute deals. Here is what it means for investors.
Gold Price Today: Rebound From 1-Year Low in Swiss Francs
Gold bounced more than 2% on Monday after its lowest close in about a year. We look at the gold price in Swiss francs, why gold fell, Swiss export data, ETF flows and what UBS, Bank of America, HSBC and Goldman Sachs expect next.
Sanjeev Gupta: Creditors Chase His Fortune to Sydney
Creditors owed about $6 billion are now chasing Sanjeev Gupta’s personal fortune in Sydney. Here is what happened at Whyalla, Tahmoor and Liberty Bell Bay, and what comes next.
McRib Lawsuit: Judge Lets McDonald’s Rib Meat Case Proceed
A Chicago federal judge refused to dismiss the McRib lawsuit, letting fraud and deception claims against McDonald’s move forward. Here is what it means.
Intel Stock Crashes Nearly 30% on Weak PC Outlook
Intel stock fell nearly 30% after a weak Q4 forecast, despite a strong quarter. Here is what drove the drop and what investors are watching next.
WhatsApp Voting Scam: Swiss Warn of Hijacked Accounts
A WhatsApp voting scam is hijacking accounts in Switzerland. BACS logged 50+ reports in October. Here is how the trick works and how to stay safe.