Reliance Industries Chairman Mukesh Ambani outlined a future focused on AI, satellite connectivity, and clean energy at the 49th AGM. Jio Platforms filed for a potential $4 billion IPO, India's largest ever. Ambani also signaled a nearing completion of leadership transition to his children.
DeFi's growth is shifting from on-chain user acquisition to invisible integration within traditional finance. Despite recent exploits, institutional funding is pouring in, with protocols like Morpho focusing on user-facing applications that mask underlying DeFi complexity.
Shanghai-based GPU designer MetaX announced plans for a Hong Kong listing, aiming to raise capital for R&D, expansion, and strategic investments. The proposed H-share offering, representing up to 5% of enlarged capital, follows its recent debut on Shanghai's Star Market.
Omnicom Media Group China has merged with PHD China, forming a new entity focused on full-link capabilities, AI integration, and transparent operations to drive client growth in China's competitive marketing landscape.
McDonald's launched its 'McDonald's > NEXT' global growth strategy, focusing on new restaurant designs, improved food quality, customer-led innovation, and enhanced service to become customers' top choice amidst rising competition and economic pressures.
EY report urges India to recast growth strategy to counter economic shocks like the Middle East conflict. Recommendations include building strategic reserves, dual-use infrastructure, and achieving sustainable fiscal/current account balances.
