Apple’s ‘skinny’ iPhone falls flat with disappointing early sales

Bitcoin's recent decline has raised alarms in the cryptocurrency market, indicating potential instability as it falls below $100,000, reversing earlier gains. This downturn has been marked by a series of losses, including a 12-day consecutive drop, reflecting a broader risk-off sentiment among investors.

The Kremlin has devised a strategy to distance President Putin from the unpopular VAT tax increase, instructing state-controlled media to avoid linking him personally to the rise. This move comes amid growing discontent among the Russian populace regarding economic policies.

President Donald Trump's latest diplomatic efforts in Ukraine focus on securing financial agreements as part of his peacemaking initiatives. This approach reflects his ongoing strategy to leverage dealmaking in shaping U.S. foreign policy.

Billionaire hedge fund manager Bill Ackman is reportedly preparing for an initial public offering (IPO) of his firm, Pershing Square Capital Management, anticipated in early 2026, according to the Financial Times. This move has been long awaited in the investment community, signaling a significant transition for Ackman and his hedge fund.

Judge Leonie Brinkema expressed reluctance to mandate a forced sale of Google's advertising business in the ongoing US monopoly case, suggesting that such a dramatic action may not be easily enforceable.

Billionaire investor Bill Ackman is planning to take his hedge fund, Pershing Square, public as early as the first quarter of 2026. This move marks a significant step for Ackman, who has been a prominent figure in the investment community.

Eli Lilly has become the first pharmaceutical company to achieve a market value of $1 trillion, driven by a nearly 40% surge in its shares this year. This growth is largely attributed to the strong demand for its weight-loss and diabetes medications, particularly GLP-1 drugs.

Christine Lagarde, President of the European Central Bank, has warned that European economic growth is increasingly at risk due to a reliance on an export-dependent model that is becoming obsolete. She criticized policymakers for six years of inaction, emphasizing the urgent need for reforms to adapt to changing global dynamics.