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KKR (NYSE:KKR) Faces EU Charges of Misleading Regulators Over Telecom Italia Network Deal

The decision by the European Commission, the EU competition enforcer, followed a year-long investigation. The Commission approved the deal in 2024 but opened an investigation a year later after complaints from other operators.

Nitish Kishor | 19 October 2026

Google (NASDAQ:GOOGL) and McKinsey Buy 320,000 Tons of Carbon Removal in First Silvopasture Deal

The long-term purchase agreements, announced on Monday, support an effort by Working Trees, a climate technology company, to convert degraded cattle pasture into mixed-species systems across Brazil’s southeastern Amazon and Cerrado regions, the coalition said.

Nitish Kishor | 19 October 2026

Tesla (NASDAQ:TSLA) Asks Shareholders to Re-Elect Musk, Denholm and Straubel at December 3 Meeting

The filing comes nearly a year after the EV maker’s board granted Musk a performance award that was billed as a USD 1 trillion pay package. The meeting is set for 3 p.m. Central time at Gigafactory Texas in Austin, with shareholders of record …

Nitish Kishor | 19 October 2026

Trump’s Russia Sanctions Waiver Eases India’s Energy Concerns and Lifts Trade Deal Hopes

An executive order issued by Trump on Friday waived key Russia-related US sanctions and tariffs, including duties on Russian goods and penalties for buying its oil and gas, that had been scheduled to start this week under the legislation known as the Graham Act. …

Nitish Kishor | 19 October 2026

Uber (NYSE:UBER) Wins Dismissal of GBP 340 Million London Black Cab Lawsuits

Judge Simon Birt said in a written ruling that the claimants had the means to discover the alleged deception before 2018, six years before the lawsuits were filed. He dismissed the claims on the limitation grounds without considering the merits.

Nitish Kishor | 19 October 2026

Oil Slips From Five-Month High as Hormuz Attacks and Russian Sanctions Waiver Stay in Focus

Brent crude futures fell USD 1.72, or 1.6 percent, to USD 108.14 a barrel at 10:27 a.m. ET, after settling at their highest since May 19 on Friday. US West Texas Intermediate crude traded at USD 100.54 a barrel, down 87 cents, or 0.86 …

Nitish Kishor | 19 October 2026

China Proposes Export Controls on 12 Solar Manufacturing Technologies

The commerce and science ministries issued the proposal jointly as Announcement No. 48 of 2026, covering 40 technologies across solar manufacturing, AI and biomedicine. The AI items cover frontier AI know-how and manufacturing processes. The ministry said in a statement on Friday that greater …

Nitish Kishor | 19 October 2026

ExxonMobil (NYSE:XOM) Signals USD 4.5 Billion Refining Earnings Boost as Margins Soar

Refining margins have soared because of the ongoing Iran war, which has restricted energy exports through the Strait of Hormuz, and because of Ukrainian attacks on Russian refineries. The resulting higher fuel prices have created political risks for the administration of US President Donald …

Nitish Kishor | 19 October 2026

Anthropic’s Jack Clark Warns Policymakers the Window for AI Safeguards Is Shrinking

Clark, who spoke at the IMF and World Bank annual meetings in Bangkok, put the estimated US GDP at USD 44 trillion, against a current level of just over USD 30 trillion. The figure “sounds very outlandish, I know,” he said, but he added …

Nitish Kishor | 19 October 2026

AI Stocks Rebound After Bruising Selloff as CoreWeave (NASDAQ:CRWV) Wins Brokerage Upgrade

CoreWeave shares were up 2.4 percent in choppy trading after losing a quarter of their value last week. The neocloud company’s USD 50 billion debt triggered a crisis of confidence, sparking a global selloff across AI and tech stocks. A major brokerage upgraded the …

Nitish Kishor | 19 October 2026
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