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Business News 11 December 2025 - 26 December 2025

Lenskart Invests ₹18.6 Crore in South Korea’s iiNeer for 29.24% Stake as Stock Jumps After Christmas Market Holiday

Lenskart Invests ₹18.6 Crore in South Korea’s iiNeer for 29.24% Stake as Stock Jumps After Christmas Market Holiday

Lenskart Solutions has stepped up its Asia manufacturing push with a fresh bet on optical hardware—investing in South Korea-based iiNeer Corp., a startup that builds technology-enabled eye-testing and lens-cutting equipment. The update surfaced while Indian markets were shut for Christmas on December 25, 2025—and when trading resumed on December 26, Lenskart’s stock moved quickly. Shares rose as much as 3.98% to ₹470 in early trade before easing back, still holding gains as investors digested what the company is really buying: deeper control over the machines that sit at the heart of eyewear manufacturing and in-store lens processing. Business Standard What
26 December 2025
Minneapolis Update (Dec. 25, 2025): Milkjam Owners Buy Former Young Joni Building as Teen Arrested in Thomas Avenue North Homicide

Minneapolis Update (Dec. 25, 2025): Milkjam Owners Buy Former Young Joni Building as Teen Arrested in Thomas Avenue North Homicide

MINNEAPOLIS — Dec. 25, 2025 — Minneapolis is heading through Christmas with two headlines that capture the city’s split-screen reality: a marquee Northeast Minneapolis restaurant space is changing hands in a deal that could reshape the local dining scene, while investigators continue working a deadly North Minneapolis shooting that ended with a 17-year-old in custody. Below is what’s known as of Thursday, Dec. 25, 2025, based on the latest available reporting and official public information. Milkjam and World Street Kitchen owners buy the former Young Joni building in Northeast Minneapolis A prominent Northeast Minneapolis building best known as the former
25 December 2025
BP sells 65% of Castrol to Stonepeak in $10.1bn deal as Castrol India open offer follows

BP sells 65% of Castrol to Stonepeak in $10.1bn deal as Castrol India open offer follows

LONDON / NEW YORK — December 25, 2025 — BP has agreed to sell a 65% stake in Castrol to Stonepeak in a transaction valuing the lubricants business at about $10.1 billion, marking one of the oil major’s biggest moves yet in its multi‑year effort to simplify operations, cut debt, and sharpen its strategic focus. London South East While the headline announcement landed on December 24, the story continued to develop on December 25 as attention shifted to what the deal means for BP’s balance sheet, Stonepeak’s bet on a cash‑generative industrial brand, and a required open offer for Castrol
Louis Dreyfus Company CFO Patrick Treuer Dies Unexpectedly at 52; LDC to Announce Successor “In Due Course”

Louis Dreyfus Company CFO Patrick Treuer Dies Unexpectedly at 52; LDC to Announce Successor “In Due Course”

Dec. 25, 2025 — Louis Dreyfus Company (LDC), one of the world’s largest agricultural commodities merchants, has confirmed the unexpected death of its Chief Financial Officer, Patrick Treuer, a senior executive who helped guide the privately held trader through years of heightened market volatility and strategic growth. In a statement published December 24, 2025, LDC said Treuer “passed away unexpectedly overnight,” adding that plans for his replacement as Group CFO would be communicated later. Global What happened: LDC confirms the death of its Group CFO LDC announced on Dec. 24 that Patrick Treuer—who had been with the group since 2014—died
PIA Sold for $482m: Arif Habib Wins Pakistan Airline Bid as JPMorgan Upgrades Dollar General

PIA Sold for $482m: Arif Habib Wins Pakistan Airline Bid as JPMorgan Upgrades Dollar General

Dec. 24, 2025 — Two seemingly unrelated stories dominating business headlines this Christmas Eve are both, at their core, about pressure: pressure on household budgets in the U.S., and pressure on governments to prove they can reform and finance struggling national assets. In the United States, JPMorgan has turned more optimistic on Dollar General, arguing the discount chain could deliver steadier same-store sales growth and improving profitability as shoppers keep hunting for value. Investing.com In Pakistan, the government’s long-delayed effort to privatize its national airline has finally produced a blockbuster outcome: an Arif Habib-led consortium has emerged as the top
Bet365 CEO Denise Coates paid at least £280m despite profit slump, as bookmaker expands in the US and exits China

Bet365 CEO Denise Coates paid at least £280m despite profit slump, as bookmaker expands in the US and exits China

December 23, 2025 Bet365 founder and joint chief executive Denise Coates has taken home at least £280 million in salary and dividends for the latest financial year, even as the privately held online gambling giant reported a sharp drop in profits. The figure, revealed in newly filed company accounts, reignites a long-running debate about executive pay in founder-controlled businesses—while also spotlighting how expensive Bet365’s global repositioning has become as it pushes deeper into regulated markets such as the United States and retreats from more legally fraught territories like China. The Guardian+1 Multiple outlets reporting on the same set of filings
23 December 2025
Starbucks Names Former Amazon Grocery Tech Leader Anand Varadarajan as CTO in Brian Niccol’s Turnaround Push

Starbucks Names Former Amazon Grocery Tech Leader Anand Varadarajan as CTO in Brian Niccol’s Turnaround Push

As of December 21, 2025, Starbucks’ latest leadership move is drawing attention across business and tech circles: the coffee giant has selected Anand Varadarajan, a nearly two-decade Amazon veteran, as its next Chief Technology Officer as CEO Brian Niccol accelerates a store-by-store push to improve speed, reliability, and labor efficiency. iTnews+2Reuters+2 Varadarajan will join Starbucks as Executive Vice President and CTO on January 19, 2026, stepping into a role that has been closely watched since the departure of the previous CTO earlier this fall. His mandate is clear: help modernize how Starbucks runs—behind the counter and behind the scenes—at a
Ben & Jerry’s vs Magnum Ice Cream: Court Filings Warn of More Board Ousters as Foundation Fights Funding Threat (Dec. 19, 2025)

Ben & Jerry’s vs Magnum Ice Cream: Court Filings Warn of More Board Ousters as Foundation Fights Funding Threat (Dec. 19, 2025)

Ben & Jerry’s long-running battle over who controls the brand’s famously activist “social mission” escalated again this week—this time with the ice cream maker’s independent board warning a federal judge that more directors could be pushed out within days, and the Ben & Jerry’s Foundation moving to join an ongoing lawsuit after its new corporate parent signaled it could halt future funding. Reuters+1 The dispute sits at the intersection of corporate governance, brand identity, and politics—and it is now unfolding under a new owner: The Magnum Ice Cream Company (TMICC), the standalone ice cream business spun out of Unilever earlier
Larry Page in the News (Dec. 18, 2025): Alphabet’s AI Rally, a $256 Billion Fortune, and Fresh Scrutiny in Palo Alto

Larry Page in the News (Dec. 18, 2025): Alphabet’s AI Rally, a $256 Billion Fortune, and Fresh Scrutiny in Palo Alto

Larry Page has spent most of the past decade doing what he appears to prefer: staying out of the spotlight while the company he co-founded—Google, now the core of Alphabet—reshapes how billions of people find information, buy products, and build software. But on December 18, 2025, Page is back in the headlines anyway, pulled forward by three forces that don’t require a public appearance: a renewed surge in Alphabet’s market value, a tightening ring of global regulation around Google’s platform power, and an unusually local flashpoint—Palo Alto’s growing backlash against billionaire “compounds,” where Page is singled out alongside other tech titans. Business
AI News Roundup Today (Dec. 18, 2025): OpenAI’s $750B Funding Talks, Google’s Gemini 3 Flash, Amazon’s AI Shakeup, and the Data Center Backlash

AI News Roundup Today (Dec. 18, 2025): OpenAI’s $750B Funding Talks, Google’s Gemini 3 Flash, Amazon’s AI Shakeup, and the Data Center Backlash

Thursday, December 18, 2025 — Today’s AI news cycle had one clear throughline: scale is getting expensive, and the industry is now wrestling with the consequences of building at “national infrastructure” size. OpenAI is reportedly exploring a funding round that would be almost without precedent; Google is pushing faster, cheaper models deeper into Search; Amazon is reorganizing its AI org around chips and frontier research; and the political fight over data centers is escalating from local zoning meetings to Capitol Hill. The Verge+3Reuters+3The Verge+3 Below is a detailed roundup of the biggest AI stories shaping headlines on 18.12.2025 across product launches, funding, chips, regulation, and
WSP Global to Buy TRC Companies for $3.3 Billion, Building a U.S. Power & Energy Leader

WSP Global to Buy TRC Companies for $3.3 Billion, Building a U.S. Power & Energy Leader

December 15, 2025 — WSP Global is making one of its biggest strategic bets yet on the North American energy transition. The Montreal-based professional services firm said it has agreed to acquire U.S.-based TRC Companies in an all-cash transaction valued at US$3.3 billion (about C$4.5 billion using an exchange rate cited by the company). The deal is designed to scale WSP’s power-and-utilities business at a moment when grid investment is rising—driven by electrification, aging infrastructure, and the rapid growth of power-hungry data centers. GlobeNewswire+1 If the transaction closes as expected in Q1 2026, WSP says the combined business would become
Disney Invests $1 Billion in OpenAI to Bring Marvel, Pixar and Star Wars Characters to Sora AI Video Platform

Disney Invests $1 Billion in OpenAI to Bring Marvel, Pixar and Star Wars Characters to Sora AI Video Platform

The Walt Disney Company is making one of the boldest bets yet on generative AI. On December 11, 2025, Disney announced a three‑year “landmark” agreement with OpenAI that will let the company’s Sora video generator create short, fan‑prompted clips featuring more than 200 characters from across Disney, Marvel, Pixar and Star Wars – combined with a $1 billion equity investment in OpenAI. The Walt Disney Company+2Reuters+2 It’s the first time a major Hollywood studio has licensed such a large slice of its character library to a consumer AI video app, and it could redefine how fans create – and how
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Stock Market Today

Ashtead share price in focus as buyback rolls on and NYSE switch clocks closer

Ashtead share price in focus as buyback rolls on and NYSE switch clocks closer

7 February 2026
Ashtead shares closed Friday at 4,936p, up 1.09%, after the company bought 88,872 shares under its repurchase program. The group is set to shift its primary listing to New York on March 2, pending court approval, and will be removed from the FTSE UK index the same day. Ashtead paid a half-year dividend of 37.5 U.S. cents per share on Friday.
Beazley share price: big funds reshuffle stakes as Zurich bid deadline nears

Beazley share price: big funds reshuffle stakes as Zurich bid deadline nears

7 February 2026
Beazley shares closed flat at 1,236 pence Friday as BlackRock disclosed a 6.55% stake and Vanguard reported 5.02%. Wellington Management cut its holding below 5%. The disclosures follow Zurich Insurance’s possible takeover offer of up to 1,335 pence per share, with a Feb. 16 deadline for a firm bid.
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