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LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…
EU-Mercosur Trade Deal Provisionally Applied, June 04
EU-Mercosur trade deal provisionally applied May 1st, covering 700M people and €84B annual trade. Faces EU Parliament vote and court review.
Puma Shares Jump 7% as Citi Upgrades Stock to Buy, Raises Target to €35
The Puma stock surged by 7% after Citi upgraded the company to a “Buy” rating and raised its price target to €35. The upgrade triggered strong investor interest, leading to a sharp rise in buying activity across European equity markets. The positive move reflects renewed confidence in the sportswear giant as analysts highlight improving brand…
Rajesh Exports Hits Lower Circuit as SEBI Alleges ₹15.15 Lakh Crore Fraud, June 04
SEBI alleges Rajesh Exports inflated revenues by ₹15.15 lakh crore between FY21-FY25. Stock hits 5% lower circuit. Promoter barred from trading.
Clare O’Neil Promotes Tax Changes Amid Budget Backlash, June 04
Housing Minister Clare O’Neil campaigns for Labor’s capital gains tax and negative gearing changes. Granny flats excluded from new rules.
UK Police Under Fire Over Handcuffed Student’s Death, June 04
UK police under scrutiny after bodycam footage shows officers handcuffing dying student Henry Nowak. Inquiry launched into police response.
Japan Chemical Weapons Cleanup Accident Injures 2 Workers, June 04
Two Japanese workers hospitalized after toxic gas exposure during cleanup of abandoned WWII chemical weapons in China.
Hegseth Removes All Women From Navy Admiral Promotions, June 04
Defense Secretary Pete Hegseth removed nine Navy officers from promotion list, resulting in all-male admiral slate.
PayPay Moves to Acquire Majority Stake in T&D Financial Life Insurance
PayPay is making a decisive shift in Japan’s financial landscape with its plan to acquire a 70.2% controlling stake in T&D Financial Life Insurance. This marks the company’s official entry into the life insurance sector and signals a broader transformation of digital payment platforms into full-scale financial ecosystems. Rather than functioning only as a payment…