Tesla May Finally Be Ending Two Years of Declining Sales
Tesla delivered 486,532 vehicles in the third quarter, beating expectations and putting the company on course to end two consecutive years of falling annual deliveries.
Business
How CMA CGM Is Becoming One of Lebanon’s Most Important Private Companies
CMA CGM is rapidly expanding far beyond shipping in Lebanon. The group now operates key container terminals, employs nearly 4,000 people following its acquisition of Fattal Group, and is investing $100 million to more than double Beirut Port’s container capacity.
Anthropic Could Attempt the Largest IPO in History, With Nvidia Considering a $10 Billion Investment
Anthropic is preparing what could become the largest IPO in history, with the Claude developer considering an offering of up to $100 billion at a valuation around $2 trillion.
Visa, Mastercard and Ant Are Preparing for a World Where AI Buys Things for You
Visa, Mastercard and Ant International are preparing for a future in which AI assistants do more than recommend what you should buy — they actually purchase it for you.
Greece Is Making a Serious Play to Become Europe’s Next Hedge Fund Hub
Greece is making an aggressive push to become Europe’s next hedge fund hub. Millennium Management, which oversees more than $97 billion, is preparing to open an Athens office, while billionaire fund manager Chris Rokos is moving his tax residency from Britain to Greece.
Uber Is Cutting 3,300 Jobs as It Reshapes Itself for the Robotaxi Era
Uber is cutting around 3,300 jobs, or 10% of its global workforce, in its biggest restructuring since the pandemic. The company is reducing management layers, consolidating teams and virtually eliminating fully remote roles as CEO Dara Khosrowshahi pushes for a simpler, faster organization.