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Gemini Hit by Shareholder Lawsuit Over Strategy Shift and IPO Claims

Cryptocurrency exchange Gemini faces a shareholder lawsuit alleging investors were misled about its business prospects following its 2025 public listing. The complaint targets founders Cameron and Tyler Winklevoss, accusing them of false

19/03/2026

Finance

US Wholesale Inventories Slide, Raising Q1 Growth Concerns

U.S. wholesale inventories fell sharply in January, signaling potential headwinds for first-quarter economic growth if the trend persists. Data from the Commerce Department showed inventories dropped 0.5%, following a 0.1% decline recorded

19/03/2026

Finance

ECB Warns Markets Underprice Geopolitical Risks, Urges Strict Bank Rules

Financial markets are underestimating geopolitical risks, raising the likelihood of sudden sell-offs, ECB supervisor Claudia Buch warned in the central bank’s annual report. Buch cautioned against loosening bank regulations, stressing that strong

18/03/2026

Economy

Microsoft Weighs Legal Action Over $50B Amazon–OpenAI Cloud Deal

Microsoft is considering legal action against OpenAI and Amazon over a $50 billion cloud agreement that could challenge its exclusive partnership, the Financial Times reported. The dispute centers on whether OpenAI’s new

18/03/2026

Technology

US Producer Prices Jump 0.7% in February, Signaling Renewed Inflation Pressure

U.S. producer prices rose sharply in February, exceeding expectations and pointing to persistent inflation pressures driven largely by the services sector. The Producer Price Index for final demand climbed 0.7% last month,

18/03/2026

Economy

General Mills Reaffirms Outlook Despite Weak Demand and Competitive Pressure

General Mills reaffirmed its annual sales and profit forecast, weeks after a downgrade, as weak demand and rising competition continue to weigh on performance. The Cheerios maker faces pressure from constrained consumer

18/03/2026

Finance

Disney Names Josh D’Amaro CEO as Company Faces Industry Disruption

The Walt Disney Company has appointed Josh D’Amaro as chief executive, effective Wednesday, ushering in a new era for the global entertainment giant. D’Amaro rises after leading Disney’s highly profitable parks division,

18/03/2026

Finance

Nvidia Secures China Nod for H200 Sales, Prepares Groq AI Chip Variant

Nvidia has received Beijing’s approval to sell its H200 AI chips in China, sources said, marking a key step in restoring access. The approval enables the U.S. chipmaker to resume shipments to

18/03/2026

Technology

India Approves $3.6B Industrial Park Push to Boost Manufacturing

India has approved $3.63 billion to develop 100 industrial parks, aiming to accelerate domestic manufacturing and strengthen its industrial base, officials announced Wednesday. The cabinet cleared spending of 336.6 billion rupees, according

18/03/2026

Economy

US Airlines Ride Strong Spring Demand Despite Soaring Fuel Costs

U.S. airlines reported robust spring demand, supporting higher fares and revenue growth, even as surging jet fuel prices increase operating costs. Executives said carriers are countering rising expenses through fare hikes and

17/03/2026

Finance