latest news in companies

Alphabet Invests $4.75 Billion in Clean Energy to Power AI Expansion

Alphabet Invests $4.75 Billion in Clean Energy to Power AI Expansion

Mountain View, Monday, 22 December 2025.
Alphabet secures its AI future with a strategic $4.75 billion acquisition of energy firm Intersect, addressing critical infrastructure gaps as data center power demands strain global grids.

Hansson Family Increases Stake in Nordic American Tankers Above Key 5% Threshold

Hansson Family Increases Stake in Nordic American Tankers Above Key 5% Threshold

Hamilton, Monday, 22 December 2025.
Founder Herbjorn Hansson and Vice-Chair Alexander Hansson acquired 400,000 shares today, pushing the family’s ownership past 5% and reinforcing their position as the largest private shareholder group.

Jim Beam Halts Flagship Distillery Production Amid Rising Trade Tensions

Jim Beam Halts Flagship Distillery Production Amid Rising Trade Tensions

Clermont, Monday, 22 December 2025.
Jim Beam is suspending 2026 production at its main hub as US spirits exports collapsed 85% in Q2 2025, highlighting the severe impact of escalating global trade disputes.

DT Cloud Star Acquisition Corp. Abruptly Calls Off December Shareholder Vote

DT Cloud Star Acquisition Corp. Abruptly Calls Off December Shareholder Vote

New York, Monday, 22 December 2025.
On December 22, 2025, DT Cloud Star Acquisition Corporation unexpectedly cancelled its Extraordinary General Meeting and withdrew all proxy proposals, signaling a sudden pivot in the SPAC’s merger strategy.

NNIT Downgrades 2025 Outlook and Suspends Mid-Term Targets Amid Market Slowdown

NNIT Downgrades 2025 Outlook and Suspends Mid-Term Targets Amid Market Slowdown

Copenhagen, Monday, 22 December 2025.
Citing delayed US projects, NNIT suspended mid-term goals and slashed its 2025 forecast, now expecting organic revenue to contract by 3% amid a broader consultancy slowdown.

Widespread Outages Hit Alphabet and Steam, Exposing Cloud Vulnerabilities

Widespread Outages Hit Alphabet and Steam, Exposing Cloud Vulnerabilities

Mountain View, Monday, 22 December 2025.
Steam’s 60,000 error reports today followed Alphabet’s global disruption, marking a volatile week that highlights the critical fragility of our centralized digital ecosystems.

60 Minutes Segment on Migrant Prison Pulled Amidst Political Concerns

60 Minutes Segment on Migrant Prison Pulled Amidst Political Concerns

New York, Monday, 22 December 2025.
Correspondent Sharyn Alfonsi labeled the removal of the fully vetted report ‘political,’ warning it grants the administration a ‘kill switch’ to suppress inconvenient journalism.

Wall Street Analysts Project Strong Nvidia Growth Driven by Next-Generation AI Infrastructure

Wall Street Analysts Project Strong Nvidia Growth Driven by Next-Generation AI Infrastructure

New York, Sunday, 21 December 2025.
Leading financial analysts have reinforced a bullish outlook for Nvidia heading into 2026, citing robust demand for next-generation AI infrastructure. Bank of America’s Vivek Arya has reiterated a buy rating with a price forecast of $275, highlighting a massive $500 billion revenue opportunity linked to the upcoming Blackwell and Rubin chip architectures. Despite broader market concerns regarding saturation, data suggests the semiconductor leader remains undervalued, trading at compelling multiples relative to future earnings. As the ‘Golden Wave’ of generative AI adoption accelerates, institutional confidence remains high that Nvidia’s technological moat will secure its dominance through the coming fiscal year.

Paramount Skydance Now Trading as Unified Media Giant on Nasdaq

Paramount Skydance Now Trading as Unified Media Giant on Nasdaq

New York, Sunday, 21 December 2025.
Valued near $14 billion, the newly consolidated entity trades as PSKY, uniting powerhouse brands like CBS and Skydance Animation under a single public listing following their strategic merger.

Chinese Giant HSG Buys Golden Goose in Strategic €2.5 Billion Takeover

Chinese Giant HSG Buys Golden Goose in Strategic €2.5 Billion Takeover

Milan, Sunday, 21 December 2025.
In a defining moment for the global luxury market, Chinese investment heavyweight HSG has acquired a controlling stake in Golden Goose, valuing the Italian sneaker maker at over €2.5 billion. Confirmed on December 19, 2025, this deal marks a decisive pivot for the brand—famous for its $500 distressed footwear—shifting its trajectory from a previously cancelled IPO to aggressive international expansion. With Temasek joining as a minority investor and Permira retaining a stake, the acquisition exemplifies a growing economic trend: the acceleration of Asian capital absorbing European heritage assets to drive global scale.