Dana, Eaton Mobility Arm to Merge in $5.1 Billion Deal Amid Strong Auto Parts Demand
Dana Corp. will merge with Eaton's mobility business in a transaction that values the Eaton unit at roughly $5.1 billion. The combined company, to be called Dana Inc., will have an enterprise value exceeding $10 billion and is slated to close in the first quarter of 2027. Eaton shareholders will own about 50.1% while Dana shareholders hold roughly 49.9%. The merger targets $250 million of run‑rate cost synergies within two years, leveraging strong aftermarket demand for replacement auto parts.
France: Ligue1+ Raising Subscription Fee
Ligue 1+, the French football league’s OTT service, will increase its monthly fee from €14.99 (≈$16.5) to €19.99 (≈$22) for the 2026/27 season, with a transitional offer of €16.99 (≈$18.7) for existing subscribers. The price hike follows the league’s recovery of...
Aum Ventures Launches Second Fund with Target Corpus of Rs 750 Cr
Aum Ventures has unveiled its second venture fund, targeting roughly ₹750 crore (about $90 million) to back deep‑tech and IP‑centric startups in India. The fund will make pre‑seed and seed investments ranging from $750,000 to $2 million, with follow‑on support through Series A...
The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
Global oil inventories are dwindling to levels not seen since the early 1980s, with the U.S. Strategic Petroleum Reserve now at roughly 349 million barrels. U.S. commercial crude stocks have slipped to 426.5 million barrels, edging close to the minimum operating threshold....
Sandhya Devanathan to Lead Meta’s Business in India & SE Asia
Meta has promoted Sandhya Devanathan to vice president and head of its India and Southeast Asia operations, effective June 2025. In the role she will direct teams, partnerships and growth initiatives across both regions. Devanathan previously served as Meta’s VP...
China-EU Tensions, Xi in North Korea, Flatlining Retail Sales
China called on major economies to foster a free and facilitative trading environment during a video conference hosted by French President Emmanuel Macron, ahead of the upcoming G7 summit in France and an EU meeting in Brussels. The EU is...
Podcast | CPO, ANS: Our Culture Is Shaped by Employees, Not Performative PowerPoints
Chief People Officer Toria Walters explained on the HR Grapevine Podcast how ANS builds an award‑winning culture by co‑creating values with employees rather than relying on top‑down PowerPoint messaging. The cloud‑services firm leverages ten employee resource groups to gather real‑time...
Why Cloud Outages Are Such a Stubborn Problem
The Uptime Institute’s seventh Annual Outage Analysis shows cloud outages are increasingly driven by software and process failures rather than hardware. In 2024, IT and networking issues accounted for 23% of impactful incidents, while human‑procedure errors rose 10 percentage points...
HRDA Frankly Speaking: Let Surveys Tell a Story
HRDA’s Frankly Speaking highlighted the shortcomings of traditional employee engagement surveys and presented I/O psychologist Kamaria Scott’s narrative‑driven approach. Scott argued that focusing on actionable insights, establishing feedback loops, and equipping leaders with confidence can turn raw scores into concrete...
HRDA Frankly Speaking: External Factors on Internal Culture
Tyrese Manigault, senior manager of employee engagement at NASCAR, spoke at the SPARK HR conference about the future of DEI, AI’s impact on leadership, and how leaders view legacy. He argued that HR professionals must acknowledge the many external forces...
ICE Updates I-9 Inspection Fact Sheet
U.S. Immigration and Customs Enforcement has issued its first update in nearly three decades to the Form I-9 inspection fact sheet, replacing the 1997 Virtue memorandum. The revision reclassifies many previously technical errors—such as missing data fields and use of...
Ilja Rijnen on Why Transformation Stalls when Old Habits Win
Ilja Rijnen, VP People Partner APAC & Global Head of Talent Development at GEA Group, argues that AI can boost people outcomes by cutting administrative load and surfacing workforce patterns, but human judgment must remain central. He notes that most...
Wimbledon ‘Where Beauty Meets Battle’: Flight of Fancy
The All England Lawn Tennis Club, together with creative agency VCCP, launched the second phase of its global brand platform “There Is Only One Wimbledon” under the tagline “Where beauty meets battle.” The integrated campaign centers on a 60‑second cinematic...
How Keka Found The PMF To Build A ₹130 Cr HR Tech Business
Indian HR‑tech startup Keka, founded by Vijay Yalamanchili, launched in 2016 to unify fragmented payroll and attendance tools into a single workflow platform. By targeting fast‑growing mid‑market firms and adopting a mobile‑first, integrated architecture, the company accelerated during the COVID‑19...
Is China Really Deflating Deflation? It’s Harder than Beijing Thinks
China’s latest data show consumer prices rising 1.2% YoY in May while producer prices jumped 3.9%, prompting officials to claim deflation is over. Analysts warn the headline figures mask deeper problems: a five‑year housing‑price decline that has wiped out wealth...
NTT Global Data Centres Hunts $1B to Fund US Expansion
NTT Global Data Centres (GDC), the third‑largest data‑centre provider outside China, is pursuing at least $1 billion in new equity to finance a wave of U.S. projects. The capital will be raised through a development vehicle partnered with Citigroup, with a...
Gregory & Appel Welcomes Matt Heincker as Employee Benefits Practice Leader
Gregory & Appel Insurance announced the hiring of Matt Heincker as Employee Benefits Practice Leader. Heincker brings nearly two decades of brokerage and leadership experience in self‑funding, cost containment, and plan optimization across Central Indiana. He will spearhead the growth...
GIVA Brings Back ‘Artificial Do. Silver Lo’ Campaign with Kriti Sanon
GIVA has relaunched its month‑long jewellery exchange initiative, “Artificial Do. Silver Lo,” across more than 350 exclusive outlets from June 12 to July 12, 2026. Customers can trade old pieces for a flat ₹500 (≈ $6) voucher per item, redeemable on silver and...
High Revenues, Long-Term Prospects Draw PE to Industrials; Thoma Bravo Featured in They Said It
Private equity firms are increasingly targeting industrial companies, drawn by strong cash flows and durable demand. The week’s deal flow highlighted Astorg‑backed IPCOM’s plan to acquire a majority stake in French refrigeration specialist Le Froid Pecomark. Thoma Bravo also featured prominently, underscoring the...
Searchlight Cyber Appoints Paul Ciesielski as Chief Revenue Officer
Searchlight Cyber announced the appointment of Paul Ciesielski as its new Chief Revenue Officer. Ciesielski brings more than two decades of experience leading sales teams at cybersecurity firms such as Bugcrowd, TRUEFORT, and ReversingLabs. His mandate is to shape a...
SPX Capital Overhaul Highlights Strain on Brazil Hedge Funds
Brazilian hedge fund SPX Capital is trimming its operations after AUM fell from a peak of roughly BRL 80 billion (about $16 billion) to BRL 49 billion (around $10 billion). Founder Rogério Xavier has handed day‑to‑day control of client capital to senior partner Bruno Pandolfi as...
Hotels Spent $100 Million Fighting OTAs. Did It Actually Work?
Hotels have poured roughly $100 million over the past decade into campaigns like Hilton’s “Stop Clicking Around” to push travelers toward direct bookings. Despite the spend, OTA market share in the U.S. has barely budged, moving from about 20 % to 21 %....
Cheil India Rolls Out ‘Trusted by India’ Campaign for Galaxy A Series
Cheil India has launched the “Trusted by India” campaign to promote Samsung’s Galaxy A Series, positioning the mid‑range smartphones as the most trusted devices in the market. The film, set in locations from Kashmir to Kerala, highlights everyday interactions and...
Compuvi’s $40m Seed Bet on Preventive Compliance
Compuvi, the AI‑driven LegalTech/RegTech firm behind Confinaid, closed a seed round that values the company at $40 million post‑money. The round was led by Turkish investor Islam Yildiz and Istanbul‑based Ozay Law Firm, which also becomes Compuvi’s strategic legal partner in...
Meta Reportedly Begins Dismantling $2 Billion Manus Deal on Beijing's Orders
Meta has begun dismantling its $2 billion acquisition of AI startup Manus to comply with a Beijing order demanding the deal be reversed. The company completed an operational split, halting data sharing and blocking Manus staff from Meta’s internal systems. Beijing’s...
Balaena Acquiring APCL Group for $200m Boosting Repair Capacity
UK‑based Balaena, owner of Gibraltar’s Gibdock, has acquired marine‑engineering group APCL for £150 million (approximately $200 million). The deal adds A&P Tyne, A&P Falmouth, Falmouth Docks, Engineering and Cammell Laird to Balaena’s portfolio, creating a network of 12 drydocks across the UK, Gibraltar and...
NTT DATA Group Appoints Kazuhiko Nakayama as New President and Chief Executive Officer
NTT DATA Group announced Kazuhiko Nakayama as its new President and Chief Executive Officer, effective June 12, 2026. The outgoing CEO, Yutaka Sasaki, will transition to Senior Executive Vice President of NTT, Inc. Nakayama, formerly CFO, will steer the $30 billion...
Mind-Body and Business Mentor Supports Leaders to Banish Burnout
Award‑winning entrepreneur Megan Stachini, who rebuilt a multi‑six‑figure business after a burnout collapse, is now championing early‑warning detection for leaders. She runs three companies with combined revenue of over $1.25 million and 30 staff, and has launched The Burnout Antidote™, a...
impact.com Unveils AI and Creator Commerce Innovations at iPX, Expanding the Infrastructure for Performance-Driven Partnerships
impact.com announced a suite of AI‑driven tools at its iPX event, including the Ask Impact V2 conversational assistant, autonomous partnership agents, and creator‑focused Storefronts. The new features aim to unify discovery, conversion, measurement, and payouts within a single platform, reducing...
‘One Could Not Ask for a Better Friend’: Elon Musk’s Mate Eyes $100 Billion Windfall
Antonio Gracias, founder of the private‑equity firm Valor, stands to receive a potential $100 billion windfall from SpaceX’s upcoming IPO. Valor earns a 20% profit share on its SpaceX investments, and Gracias personally takes roughly half of those earnings, alongside a...
NZ Natural Hazards Commission Renews Record Reinsurance Tower, 20% Increase to $12.3bn
New Zealand’s Natural Hazards Commission (NHC) raised its reinsurance tower by 20% to NZ$12.3 billion (≈US$7.4 billion) for the 2026 renewal, adding about US$2.1 billion of extra capacity. The increase was secured under favorable market conditions and at a more cost‑effective price than...
CallRail Makes ChatGPT Ads Measurable for SMBs and Marketing Agencies
CallRail unveiled a new integration that adds attribution for ChatGPT ads, making the performance of AI‑driven paid campaigns measurable alongside Google, Meta, and Microsoft. The tool automatically links calls, texts, and form submissions to specific ChatGPT ad groups and feeds...
UK Economy Shrank by 0.1% in April as Iran War Held Back Growth
The Office for National Statistics reported that UK gross domestic product contracted by 0.1% in April, reversing the 0.3% expansion seen in March. The slowdown is attributed to higher energy prices stemming from the Iran‑Israel conflict, which has disrupted oil...
'Too Lazy': NVIDIA's Jensen Huang Says CEOs Use AI as Cover Story for Layoffs that Has Nothing to Do with...
Nvidia CEO Jensen Huang warned that many CEOs are lazily blaming artificial intelligence for recent layoffs, calling the narrative dishonest. He pointed out that AI only became truly productive in the past six months, yet redundancies were announced years earlier....
Asia Week Ahead: Rate Meetings in Japan, Australia, Indonesia, Taiwan, Philippines
The Bank of Japan is expected to lift its policy rate to 1.0% and pause its JGB‑tapering plan, while the Reserve Bank of Australia will likely keep rates on hold amid weakening inflation. The Bangko Sentral ng Pilipinas is projected...
Harbour Energy’s SAP Tool Chain: The Architecture Behind Acquisition-Speed Integration
Harbour Energy, one of the world’s most geographically diverse oil and gas firms, has adopted a connected SAP tool chain to support its acquisition‑driven growth across a multi‑ERP landscape. By leveraging SAP LeanIX, Signavio, Test Automation and Cloud ALM, the...
Waterstones Owner Elliot Circles The Very Group for Potential £2bn Takeover
Elliott Advisors, the investment firm behind Waterstones, has entered the bidding round for The Very Group in a potential £2 billion ($2.67 billion) takeover. The move pits the UK‑based owner against Chinese e‑commerce giant JD.com and a possible re‑sale by Carlyle Group,...
Report: Canadian Energy Workforce Faces Wave of Retirements Through 2035
Canada’s energy sector, which employs about 192,500 direct workers and 370,000 indirect jobs, faces a looming talent crunch. A new outlook projects 18,400 new direct positions by 2035 while more than 54,200 current employees become eligible for retirement, creating a...
Trump Threatens Strikes on Iran's Kharg Island Oil Export Hub
President Donald Trump warned of further military action against Iran, specifically targeting Kharg Island, the nation’s primary crude export terminal. The threat follows the collapse of a two‑month ceasefire after Iran downed a U.S. helicopter, prompting retaliatory strikes. Trump suggested...
US Workers’ Health Insurance Costs Set to Rise, Survey Finds
A Mercer survey of U.S. firms with 500+ employees shows two‑thirds will raise monthly health‑insurance premiums for workers in 2027, while nearly half plan higher deductibles and copays. Group‑plan costs are set to increase more than 6% for the fourth...
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[Guide] The Delivery Control Gap : A Field Guide to Delivery Excellence
The new nShift field guide spotlights the "delivery control gap" that plagues modern e‑commerce logistics. It identifies three critical failure points: unrealistic checkout promises, hidden cost leakage in surcharges and invoices, and post‑purchase silence that overwhelms support teams. The guide...
How Degree Is Positioning Itself For The World Cup
Degree, owned by Unilever, has been running World Cup ads with US soccer star Christian Pulisic since early April, well ahead of the tournament’s kickoff. The brand’s media plan, executed by WPP Unite, divides spend between proactive placements on Telemundo, CBS Sports...
Tackling Big Challenges? Get Out of the Office
Executive teams struggle to tackle complex, multi‑year challenges amid daily interruptions and constant inbox pressure. Research shows that workplace stress and "attention residue" impair the prefrontal cortex, the brain region responsible for strategic thinking. Removing the team from the office—ideally...
ECB’s Dolenc Says Hike Was Needed as Data Sound Inflation Alarm
European Central Bank Governing Council member Primoz Dolenc defended Thursday’s 0.25‑percentage‑point rate hike as necessary to curb inflation that rose above 3% in May. The move, prompted by stronger price pressures and a deteriorating growth outlook, gives the ECB breathing...
Britain’s Inflation Fears Can Be Found in Its Pubs and Cafes
Britons are now spending more on experiences than on goods, driving services‑sector inflation above 4%—double the Bank of England’s 2% target. Core goods inflation has fallen to 1.1% while pubs, restaurants, cinemas and hair salons continue to raise prices, keeping...
Nordic Appoints Alicia Harkness as Chief Executive Officer
Nordic announced that Alicia Harkness will assume the role of chief executive officer on June 15, 2026, succeeding a period of strong growth. Harkness joins from Guidehouse, where she founded and scaled the Global Health practice into a leading business unit within...
Employer Took "Protectionist" Approach to Alleged Harasser's Wellbeing
The Fair Work Commission (FWC) found Metro Trains Melbourne prioritized the accused harasser over the complainant in a sexual harassment dispute. The Commission highlighted that two HR professionals could not confirm whether the employer had a formal policy or procedure...
Meet the Deep Tech Startups National GRIP Brought to Echelon Singapore 2026
National GRIP, the joint venture‑creation platform of NTU and NUS, used Echelon Singapore 2026 to showcase a slate of deep‑tech startups spanning AI‑legal services, biotech, medtech, quantum‑safe cybersecurity, and sustainable protein. The highlighted companies—AITHENA, MetaSen, Synnan, Healbac, PhloSyn, PQStation, among...
The Rundown: AI Clones Split the Creator Economy
AI cloning tools are creating a split in the creator economy, pitting creators who license digital twins for brand work against those whose likenesses are copied without consent. Miso Labs demonstrated that a voice can be cloned from just ten...
Glossy Podcast: Quince Head of Brand Strategy Dakota Kate Isaacs on How the Brand Is Capitalizing on Its $10B Valuation
Quince, the direct‑to‑consumer retailer recently valued at $10 billion, has appointed Dakota Kate Isaacs as its first head of brand strategy. Isaacs, formerly of The Ordinary, is tasked with shifting the brand conversation from pure price to the technology‑driven system behind its low‑cost...