"There are too many entrepreneurs, too many engineers, and too much desire for local governments to support local champions," he said. "Brutal competition has produced many of China's successes, for example, in solar and electric vehicles. It is also a reason for many of these industries to have low profits," he added.
Tribeca Global Natural Resources Ltd. announced its estimated net tangible assets (NTA) backing per share as of October 24, 2025, with pre-tax NTA at $2.66 and post-tax NTA at $2.54. These figures are indicative and based on previous reports and estimated equity performance, with private credit and unlisted assets not evaluated weekly.
Tribeca Global Natural Resources Ltd. has announced an update on its ongoing on-market buy-back program, with a total of 3,687,742 securities bought back before the previous day and an additional 40,308 securities purchased on the previous day. This buy-back initiative is part of the company's strategy to manage its capital structure and potentially enhance shareholder value. More about Tribeca Global Natural Resources Ltd.Tribeca Global Natural Resources Ltd. operates in the natural resources industry, focusing on investments and management of resources-related assets.
The way Saudi entrepreneur Mohammed Aldossary sees it, innovators are animated by the same motivations whether they are in Silicon Valley, the Arabian Peninsula, or South Asia: They want to solve vexing problems at scale. "What excites talent, what excites the community, is to go build around those needs," Aldossary told the Fortune Global Forum on Sunday in Riyadh, Saudi Arabia.
Brightcom Group Limited has announced the incorporation of a wholly-owned subsidiary, Brightcom Defence Private Limited, to focus on the defense sector. This strategic move, led by a three-member leadership team including Mr. M. Suresh Kumar Reddy as Chairman & Managing Director and Mr. M. V. Mayuk Reddy as Executive Director, aims to expand the company's operations into defense technologies. The subsidiary's new website provides insights into its initial focus areas and serves as a portal for customer and partner inquiries.
Leaders are praised for "seeing around corners" and told to "skate to where the puck is going." But what if you can't even see your own feet, let alone a puck or a distant corner? Today's volatility and uncertainty obscure any clear path to the future, and the forecast isn't improving any time soon. In a recent World Economic Forum survey, 52% of experts expect an unsettled two-year horizon, 31% anticipate turbulence, and 5% foresee storms.
Cruise company Royal Caribbean ( NYSE: RCL) beat earnings by six cents last night, reporting a huge $5.75 per share profit despite sales coming in just a bit light at $5.1 billion. It's a bit concerning that Royal Caribbean said earnings for the full year will fall short of expectations, however, with a forecast between $15.58 and $15.63 per share, and this forecast is costing the stock 8% in early trading.
Everyone fears a white-collar AI bloodbath. That starts with a few big names proving out the AI proposition, before others (perhaps quickly) follow. Driving the news: Amazon will reportedly cut up to 30,000 jobs this week, joining brand names like Target and Paramount Skydance in cutting thousands of corporate positions. The cuts largely affect corporate roles - the kinds of work most easily displaced by increasingly powerful artificial intelligence models.
With more money in the hands of boosters whose identity revolves around spending it and fewer rules binding those glad hands, every weekend is now dominated not by who wins or loses but by who's getting fired as a result. All those hirings and firings cost money, but that's not the scarcity in question. That scarcity is the diminishing number of coaches on the hot seat; they're getting fired so quickly that they barely have time to warm their buns.
More than 40% of outgoing S&P 500 CEOs assumed board chair roles within a year of stepping down, according to a 2023 study by Spencer Stuart. David Gau is president and head of operations for PPC. David joined PPC in 2014 and previously served as chief operating officer, an operating partner and co-head of the manufactured products sector team. David joined PPC after a 30-year career building and operating multinational organizations.
In 2025, prop firm trading has become more competitive than ever, with traders managing strict rules and drawdown limits. To stay profitable, traders rely on advanced risk management tools that combine mechanisms such as dynamic trailing stop, break-even settings, daily loss caps, multi-symbol controls, and partial close. Among these mechanisms, partial close stands out as one of the most effective ways to secure profits while still keeping trades open to capture larger market moves.
Waste Management ( NYSE: WM) missed on both earnings and revenue in Q3, posting adjusted EPS of $1.49 against expectations of $2.08 and revenue of $6.44B versus $6.70B estimated. The stock fell 2.35% in after-hours trading, though the decline was modest given the magnitude of the misses. The real pressure comes from guidance. Management now expects full-year revenue at the low end of its prior range, citing declining recycled commodity prices and softer healthcare solutions revenue.
"At Master's Transportation, Luukkonen has been instrumental in overseeing the company's financing and staffing efforts, including negotiating a PACE loan to fund energy-efficient upgrades at the company's new facility, such as geothermal heating and cooling systems. This ensures comfort for automotive and manufacturing technicians year-round, with temperatures no colder than 68 degrees in winter and no warmer than 82 degrees in summer."
It is estimated that there are almost 100,000 accountancy practices in the UK. Accountants can spend years building up their accountancy business, so when the time comes, how to sell an accountancy practice is one of the most important decisions an owner can make. It's not only about price - it's about timing, preparation, cultural fit and finding the right person, team or business to do a deal with.
However, that's only one part of the problem. Meeting the power demands of AI data centers will require the energy sector to make large investments. Then there's data center demand for microprocessors, rare earth elements, and other valuable metals such as copper, which could, in a bust, make data centers the most expensively-assembled unwanted assets in history.
Chegg said it will remain a standalone public company after a year-long strategic review conducted with Goldman Sachs. The company plans to cut roughly 45% of its global workforce-about 388 roles-as part of an effort to streamline operations and refocus on skilling and workplace learning. Management expects the restructuring to reduce 2026 non-GAAP expenses by about $100-110 million, with one-time charges of $15-19 million, mostly tied to severance payments.
In June, SAP made a $4.5 billion (€3.9 billion) bid for accounting platform BlackLine, but was rejected. The German software vendor may make a new bid. This is according to Reuters, based on sources. BlackLine provides cloud software that automates complex accounting processes for finance departments. The tools replace traditional spreadsheets and reduce errors. The company is of interest to SAP because of its existing collaboration. SAP sells BlackLine solutions to its customers, accounting for nearly 30 percent of BlackLine's annual revenue.
Bitcoin's price surged above $115,000 on Monday as Strategy, the largest corporate holder of Bitcoin, announced another significant purchase of Bitcoin. The business intelligence firm acquired 390 BTC between October 20 and October 26, spending approximately $43.4 million at an average price of $111,053 per Bitcoin. According to a Form 8-K filing released today, Strategy's total Bitcoin holdings have now reached 640,808 BTC, with an aggregate purchase price of $47.44 billion.
"I'm not going to get ahead of the two leaders who will be meeting in Korea on Thursday, but I can tell you we had a very good two days," Bessent said. "So I would expect that the threat of the 100% [tariff] has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime."
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has billions of people worldwide who use its services like Search, Gmail, and YouTube every day. It generates loads of cash from advertising revenue that is fueling investments in artificial intelligence (AI). You would think a business in Google's competitive position would trade at more than 23 times next year's expected earnings. This is a lower price-to-earnings multiple than the S&P 500, which makes Alphabet an incredible value right now.
Just over half of firms (54%) surveyed said they had attempted to recruit in the last three months. Of those firms trying to hire staff, 75% said they experienced difficulties, up slightly from the previous quarter (73%). The research for Q3 was carried out between 18 August and 15 September, with more than 4,600 businesses across the UK (91% of whom are SMEs) responding.