British grocery technology firm Ocado is in discussions with multiple potential U.S. retailers after recent setbacks with major partners. The company reaffirmed its cash flow guidance despite a drop in underlying half-year earnings.
Uber has agreed to buy German food-delivery company Delivery Hero for $14.8 billion in cash, a move to strengthen its international business and compete with rivals in a consolidating market.
The U.S. ride-hailing and delivery giant has made an all-cash public offer for the German food delivery firm, seeking to expand its international network in a major industry consolidation move.
The European aerospace giant selected the French cloud provider for a multi-year contract to host sensitive AI and defense applications, reducing reliance on non-European tech for critical infrastructure.
The U.S. chip designer is collaborating with Japanese industrial automation leaders Fanuc and Yaskawa Electric to develop smarter, AI-powered robots. The move, announced in Tokyo, deepens Nvidia's ties within Japan's critical technology supply chain.
Swedish pharmaceutical firm Orexo AB posted a wider net loss for the second quarter after revenue fell short of analyst forecasts, driven by higher research and development spending.
Hong Kong-listed shares of Alibaba and Baidu rallied after Apple received regulatory clearance to launch its Apple Intelligence services in China, which will be powered by the two local tech giants.
Shares of Elon Musk's SpaceX briefly traded below their $135 IPO price, a concerning development for investors as the company faces a massive increase in tradable shares when post-IPO lockup restrictions begin to lift in August.
The French food services giant announced its "Shift & Grow 2030" strategy, which includes a €1 billion investment to restore competitiveness and achieve over 5% organic revenue growth and operating margins by the end of the decade.
