U.S. seizes another Venezuela-linked tanker ahead of Trump–Machado meeting
The United States has seized a sixth Venezuela-linked tanker in the Caribbean, hours before President Donald Trump’s meeting with Venezuelan opposit...
Samsung vows a comeback with bold M&A plans as shareholder pressure mounts. Admitting missteps in AI and chip tech, executives pledge a turnaround by 2025. With a $7.2B buyback and a push for acquisitions, the tech giant aims to reclaim its lost edge.
Samsung Electronics has announced plans to pursue significant mergers and acquisitions (M&A) as it faces mounting pressure from shareholders over declining stock performance and missed opportunities in the artificial intelligence (AI) boom.
At a shareholder meeting on Wednesday, co-CEO Jun Young-hyun admitted that Samsung was late in responding to market trends, particularly in the high-bandwidth memory (HBM) chip sector, where rival SK Hynix has gained a competitive edge. He pledged that 2025 would be the year Samsung regains its technological leadership.
The South Korean tech giant has struggled with weak earnings, falling behind competitors in advanced semiconductor manufacturing and AI-driven chip demand. In response, Samsung launched a $7.2 billion share buyback plan last year and is considering expanding its stock-based performance system to employees.
Co-CEO Han Jong-hee acknowledged investor concerns and said Samsung is determined to achieve “meaningful” M&A deals, despite regulatory challenges in the semiconductor industry. With its market value at $235 billion and nearly 40% of South Korean investors holding Samsung shares, the company’s future growth strategy will be closely watched.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
Saudi Arabia has informed Iran that it will not allow its territory or airspace to be used for any military action against Tehran, according to two sources close to the kingdom’s government cited by AFP.
Sweden is sending a group of military officers to Greenland at Denmark’s request, Prime Minister Ulf Kristersson said on Wednesday, as Nordic countries and NATO allies step up coordination around the Arctic territory.
Romania has reiterated its openness to discussions on a potential unification with neighbouring Republic of Moldova, following recent remarks by Moldova’s president.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
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