NEWS

Zydus Lifesciences acquires Assertio in ₹1,570 crore US expansion push

Zydus Lifesciences acquires Assertio in ₹1,570 crore US expansion push

By Cygnus | 14 May 2026

Zydus Lifesciences will acquire US-based Assertio Holdings for about $166 million, expanding its oncology and specialty pharmaceutical business in the United States.

Bharti Airtel approves ₹28,220 crore share swap to raise Airtel Africa stake to 79%

Bharti Airtel approves ₹28,220 crore share swap to raise Airtel Africa stake to 79%

By Axel Miller | 14 May 2026

Bharti Airtel will issue 146.76 million shares in a ₹28,222 crore swap to increase its Airtel Africa stake to 79%, in a cashless consolidation deal.

India positions BRICS as stabilizing force amid internal divisions

India positions BRICS as stabilizing force amid internal divisions

By Axel Miller | 14 May 2026

India pushes BRICS as a Global South stabilizing force, but consensus limits and diverging member interests constrain unified geopolitical action.

Enehos expands Asia footprint with Chevron Singapore downstream assets deal

Enehos expands Asia footprint with Chevron Singapore downstream assets deal

By Cygnus | 14 May 2026

ENEOS Holdings agrees to buy Chevron’s stake in Singapore Refining Company and Asia-Pacific downstream assets, expanding its regional energy trading footprint.

Alibaba cloud growth offsets wider AI investment pressures

Alibaba cloud growth offsets wider AI investment pressures

By Axel Miller | 14 May 2026

Alibaba reported strong cloud and AI growth as enterprise demand for Qwen services increased, though heavy AI investment continued to pressure profitability.

AI chip rally fuels concerns over market concentration and valuations

AI chip rally fuels concerns over market concentration and valuations

By Cygnus | 13 May 2026

Semiconductor stocks tied to AI infrastructure continue surging as analysts debate valuation risks, market concentration, and passive investor exposure.

SpaceX IPO fuels debate over dual-class voting and shareholder rights

SpaceX IPO fuels debate over dual-class voting and shareholder rights

By Axel Miller | 13 May 2026

Potential SpaceX IPO discussions are fueling debate over dual-class voting, shareholder rights, passive investing, and Texas corporate governance laws.

ECB warns banks to prepare for AI-driven cyberattack risks

ECB warns banks to prepare for AI-driven cyberattack risks

By Cygnus | 13 May 2026

ECB board member Frank Elderson urges euro-area banks to strengthen cyber defenses and accelerate patching under new EU resilience rules.

Energy transition 2026: AI power demand strains grids and energy security

Energy transition 2026: AI power demand strains grids and energy security

By Axel Miller | 13 May 2026

Rising AI data-centre electricity demand is accelerating global grid investment as governments balance energy security, climate targets, and infrastructure resilience.

Putin says Sarmat missile system remains on track for deployment

Putin says Sarmat missile system remains on track for deployment

By Cygnus | 13 May 2026

Vladimir Putin says the RS-28 Sarmat missile remains central to Russia’s nuclear modernization as Moscow expands hypersonic and strategic weapons programmes.

AI tensions and chip controls dominate Trump-Xi summit in Beijing

AI tensions and chip controls dominate Trump-Xi summit in Beijing

By Axel Miller | 13 May 2026

AI policy, semiconductor exports, and cybersecurity tensions dominate talks between Donald Trump and Xi Jinping in Beijing as Nvidia’s Jensen Huang joins discussions.

Global gas markets stay calm as Hormuz disruption shifts winter risks

Global gas markets stay calm as Hormuz disruption shifts winter risks

By Cygnus | 13 May 2026

Global LNG prices remain contained despite Hormuz tensions as Asian utilities switch to coal and Europe focuses on rebuilding winter gas storage.

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