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Business News 21 October 2025 - 30 October 2025

Metsera Stock Skyrockets as Pfizer-Novo Clash in $9B Bidding War

Metsera Stock Skyrockets as Pfizer-Novo Clash in $9B Bidding War

Bidding War Sends Metsera Shares Higher Metsera’s share price has been on a roller-coaster amid takeover speculation. In late September, Pfizer agreed to buy Metsera for $47.50 per share in cash (about $4.9B) plus up to $22.50 in contingent paymentssec.gov. Pfizer CEO Albert Bourla said this deal “propels Pfizer into this key therapeutic area” of obesity treatmentsec.gov. Metsera CEO Whit Bernard called the deal “an excellent outcome for our shareholders” and praised the chance to “realize the promise of improved human health at scale” under Pfizer’s wingsec.gov. On Oct. 30, Novo Nordisk dramatically entered the fray with an unsolicited offer
30 October 2025
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Branson’s Bold Move: Virgin Trains Poised to End Eurostar’s 30-Year Channel Tunnel Monopoly

Branson’s Bold Move: Virgin Trains Poised to End Eurostar’s 30-Year Channel Tunnel Monopoly

Breaking the Monopoly For the first time since 1994, a train company other than Eurostar will be allowed to run passenger services through the Channel Tunnel. On 30 October 2025 the Office of Rail and Road (ORR) announced it had approved Virgin Trains Europe’s depot access applicationorr.gov.uk. Temple Mills International depot (Leyton, London) – the only UK facility capable of servicing large high-speed trains – had been used exclusively by Eurostar until now. The ORR press release explains that this move “unlocks plans for around £700 mn of investment in new services and the creation of 400 new jobs”orr.gov.uk. ORR deputy
30 October 2025
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Shocking Auto News: Group 1 Automotive Ditches Jaguar Land Rover UK Dealers – Shares Tumble

Shocking Auto News: Group 1 Automotive Ditches Jaguar Land Rover UK Dealers – Shares Tumble

Group 1’s Exit – Company’s View Group 1 Automotive (a Fortune 250 dealer group) said it is divesting its entire UK JLR franchise network. In a statement accompanying its Q3 results, Group 1 explained that “persistent economic headwinds” in the UK have made the market challengingam-online.com. CEO Daryl Kenningham noted that while the U.S. business was “outstanding” in Q3, “the U.K. market remains challenging, with softer industry volumes and continued BEV-related margin pressure”am-online.com. The company’s UK CEO, Mark Raban, told staff the move is aimed at aligning Group 1’s portfolio with its “long-term growth ambitions” – and stressed it is “not a reflection on the
29 October 2025
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Boeing Scores Asia Mega-Deals Thanks to Trump – But Q3 Earnings Could Reveal a $4 Billion Shock

Boeing Scores Asia Mega-Deals Thanks to Trump – But Q3 Earnings Could Reveal a $4 Billion Shock

Trump’s Asia Tour Boosts Boeing Sales Boeing is riding a wave of major order wins from Asia as it heads into its Q3 earnings announcement. During a late-October trip through Asia, President Trump helped secure several big-ticket aircraft deals as part of new trade agreements. Malaysia, Thailand, and Vietnam committed to buying U.S.-made planes (primarily Boeing), and Cambodia agreed to partner with Boeing to develop its aviation sector flightglobal.com. According to the White House, Vietnam’s flag carrier Vietnam Airlines will purchase 50 Boeing jets (valued at about $8 billion) under a new trade framework flightglobal.com. Likewise, Thailand agreed to procure 80
29 October 2025
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Amazon’s Latest Shock: Up to 15% of HR Workforce Axed in AI-Fueled Restructuring – Stock and Market Impacts

Amazon Axes 30,000 Jobs in Historic Layoff – AI Efficiency Push and Stock Gains

Amazon’s Largest-Ever Job Cut: 30,000 Roles to Go In a startling cost-cutting move, Amazon is poised to eliminate up to 30,000 corporate jobs starting Tuesday (Oct. 28)reuters.com. That figure represents nearly 10% of Amazon’s roughly 350,000 corporate employees and marks the biggest layoff in the company’s historyreuters.com. For comparison, Amazon’s previous major downsizing in late 2022 and early 2023 totaled about 27,000 job cutsreuters.com. The latest cuts – reported by Reuters and confirmed by other outlets – underscore how dramatically Amazon is moving to streamline its business after years of rapid workforce expansion. Amazon has not officially commented on the reports of the layoffsreuters.com. However, three
27 October 2025
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Elon Musk Smashes Records by Hitting $500 Billion Net Worth—How He Got There and What It Means

Elon Musk’s $1 Trillion Tesla Pay Gambit: ‘Robot Army’ Ambitions, Shareholder Showdown & TSLA’s High-Stakes Future

Shareholders Face Vote on a Trillion-Dollar Pay Package Tesla’s upcoming annual shareholder meeting has turned into a high-stakes referendum on the largest CEO pay proposal in corporate history. On November 6, stockholders will vote on a 10-year compensation package for Elon Musk valued at up to $1 trillion – a figure that eclipses any pay deal ever awarded to an executivets2.tech. If approved, the plan would potentially make Musk the world’s first trillion-dollar CEO and solidify his status as the richest person on the planet. It would also tie his personal fortune even more tightly to Tesla’s performance in the coming
27 October 2025
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Crypto Rebound: Bitcoin Rockets Past $110K, Coinbase Backs $2.45B Indian Exchange – DOGE Explodes

Trump Pardons Binance CEO – Is Binance’s Stock Finally Going Public?

In mid-October 2025, Binance dominated headlines after President Trump’s surprise pardon of founder Changpeng Zhao (CZ). The pardon – signed Oct. 23 – officially forgave CZ’s 2023 conviction for anti-money-laundering violationsts2.techstraitstimes.com. Trump’s press team framed it as correcting the prior “war on cryptocurrency”ts2.techstraitstimes.com. Industry insiders immediately interpreted this as a clear signal: CZ, long barred from Binance’s operations under his plea deal, can now potentially return to helm the exchange. TechSpace² reports that analysts view the pardon as “expected to pave the way” for CZ to lead a Binance IPO in the U.S.scmp.com. As crypto consultant Phyrex Ni commented to the
25 October 2025
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Billionaire Larry Ellison’s Fortune Plummets: Oracle Share Slump Wipes Out $24B

Billionaire Larry Ellison’s Fortune Plummets: Oracle Share Slump Wipes Out $24B

Stock Slide Hits Ellison’s Fortune Oracle’s spectacular AI-driven rally has turned choppy in recent days. After rocketing to all-time highs in September (briefly valuing Ellison’s stake at ~$393 B) reuters.com, profit-taking set in. The stock plunged about 7% on Oct. 17 (wiping ~$24B off Ellison’s wealth) and sank nearly 5% on Oct. 20 (erasing another ~$14B) financialexpress.com financialexpress.com. The selloff reflects a shift from “euphoria to caution,” as investors booked gains after Oracle’s string of AI contract announcements. By Oct. 23, ORCL closed around $280 ts2.tech – still roughly 70% above its January price, but down from its Sept. peak (~$345). Market watchers describe
24 October 2025
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AT&T Beats Q3 Forecast with 405K New Subs – Is Its 5G Bet Paying Off?

AT&T Beats Q3 Forecast with 405K New Subs – Is Its 5G Bet Paying Off?

In its Oct. 22 earnings release, AT&T (NYSE:T) reported solid Q3 results highlighted by strong subscriber growth, even as revenue growth stayed modest. The telecom giant earned $30.7 billion in revenue (up 1.6% year-on-year prnewswire.com) and GAAP EPS of $1.29 prnewswire.com. Adjusted EPS was $0.54, in line with analyst estimates prnewswire.com. Crucially, AT&T added 405,000 postpaid wireless customers in Q3, far above the ~334,000 additions analysts had expected reuters.com. This subscription surge drove AT&T’s stock up about 4% in pre-market trading reuters.com. The results underscore the resilience of AT&T’s core wireless and broadband businesses. Much of the upside came from iPhone
22 October 2025
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Billionaire Blowup: NYC’s Catsimatidis Tells Rival to Quit – Pershing Square’s Ackman Admits He “Hates Wasting Money”

Billionaire Blowup: NYC’s Catsimatidis Tells Rival to Quit – Pershing Square’s Ackman Admits He “Hates Wasting Money”

Catsimatidis vs. Sliwa: Divided GOP in NYC John Catsimatidis (often described as a “grocery and radio magnate” cbsnews.com) has been a longtime supporter of conservative causes. In recent days he threw his weight behind a unified effort to defeat Mamdani by clearing the Republican field. Catsimatidis – who employs Sliwa as a radio host on his WABC station – told reporters that Sliwa should “love New York more than anything else” and drop his mayoral bid to boost Cuomo’s chances abc7ny.com foxnews.com. Catsimatidis claimed New Yorkers would view Sliwa as a hero for “doing the right thing” by quitting abc7ny.com.
21 October 2025
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Coca-Cola Crushes Q3 Forecasts as Soda Sales Stay Hot – Stock Jumps

Coca-Cola Crushes Q3 Forecasts as Soda Sales Stay Hot – Stock Jumps

Strong Q3 Performance Beats Estimates Coca-Cola’s (NYSE: KO) Q3 2025 report blew past Wall Street’s forecasts. The beverage giant logged $12.5 billion in revenue, up 5% from last year (organic sales +6%) stocktitan.net. This exceeded the ~$12.39 billion consensus reuters.com. Volume was flat to slightly positive (+1%), but robust price/mix (+6%) drove growth. As a result, EPS of $0.86 surged 30% year-over-year stocktitan.net, topping the $0.78 street estimate reuters.com by 4 cents. Even excluding special items, Coke’s adjusted EPS of $0.82 comfortably beat forecasts. Notably, operating profit jumped 59% (29% currency-neutral) with an operating margin of 32.0% (vs 21.2% a year ago)
21 October 2025
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Duralex Crisis Deepens: Iconic French Glassmaker Seeks €5M Lifeline from Public Investors

Duralex Crisis Deepens: Iconic French Glassmaker Seeks €5M Lifeline from Public Investors

Duralex’s Fight for Survival – From Bankruptcy to Worker Cooperative Founded in 1945, Duralex is a household name in France, known worldwide for its nearly indestructible tempered glass cups and plates. The company is considered part of France’s industrial patrimoine – a storied legacy spanning roughly 70 years of glassmakingbfmtv.com. But that proud history has been marred by repeated crises. Over the past three decades, Duralex has endured multiple bankruptcies and rescues, as successive owners failed to modernize its factory in La Chapelle-Saint-Mesmin (Loiret). By 2020, amid mounting debt, Duralex entered court-administered reorganization, and a new investor (La Maison Française
21 October 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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