#businesses
Latest news and interesting information about businesses.
Only 1% of Entrepreneurs Use Digital Payments
In Azerbaijan, less than 1% of entrepreneurs use fully digital payments. There is great potential for digitalization in the fintech sector.
Unstable weather hits coastal businesses
Unstable weather causes 30-40% losses for coastal businesses, putting owners in a tough spot.
MSME Day: Driving Global Economy
International MSME Day – The role of micro, small and medium enterprises in Azerbaijan and the world, and support mechanisms.
Bir ecosystem announces Spark winners
Bir ecosystem announces winners of Spark Student Innovation Program. Teams KendYol, AEVIC Esports, and Booker awarded.
UK first: AI wins court case for claimant
In a UK legal first, an AI system prepared a court case, helping a claimant win a £7,000 debt recovery. Costs were only £400.
Swiss reject population cap in referendum
Switzerland rejects population cap proposal in referendum, with 55% of voters opposing the limit. Read more on Bond.az.
Baku Working Hours Change - Flexible Schedule from 2026
Baku to introduce flexible working hours from 2026. MP Vugar Bayramov explains the benefits of variable schedules for reducing traffic congestion.
Minister: Use of VAT account funds to be expanded
Minister of Economy Mikayil Jabbarov announced the expansion of using VAT account funds for social insurance payments and other state obligations.
France manufacturing contracts in May
France manufacturing contracted in May. PMI dropped to 49.7. S&P Global cites energy prices and transport issues.
Berkshire buys homebuilder Taylor Morrison
Berkshire Hathaway acquires Taylor Morrison for $6.8B cash. The deal includes a 24% premium and is expected to close in 2026.
Can Meta turn AI capacity into $1 trillion?
Bank of America says Meta's AI monetization and enterprise adoption could create a $1 trillion market opportunity.
2026 World Cup Economics: Revenues, Uneven Gains
2026 World Cup economics: revenue, tourism impact, and market analysis. Read on Bond.az.
Guyana Oil Boom and Growth Strains
Guyana experiences an oil boom due to the Iran war, but faces economic challenges and growth strains.
Jefferies Starts Merck KGaA at Hold
Jefferies starts Merck KGaA at Hold with a €129 price target, citing balanced valuation and limited upside.
Coinbase, Kalshi Launch Regulated Perpetual Crypto Futures in US
Coinbase and Kalshi launch regulated perpetual crypto futures in the US with CFTC approval. Offering high leverage and onshore trading for investors.
Hon Hai shareholders approve director non-compete waiver
Hon Hai shareholders approved a non-compete waiver for three directors, with 82.43% voting in favor at the annual meeting.
US removes 76 names from sanctions list
The U.S. Treasury removes 76 outdated entries from its sanctions list to improve efficiency and focus on high-risk targets and evasion.
CW Bancorp declares $0.23 per share dividend
CW Bancorp declares $0.23 quarterly dividend, yield 2.41%. 10 consecutive years of payments. Read more on Bond.az.
Best Buy boosts quarterly sales forecast
Best Buy forecast Q2 sales above estimates, shares up 10%. CEO change and focus on higher-margin businesses. Read more on Bond.az.
Snowflake Surges on Enterprise Demand, Raises Forecast
Snowflake shares jump 36% as enterprise AI demand drives forecast raise and AWS deal. Peers also gain.
Wells Fargo CEO sees mid-teens growth in IB, trading
Wells Fargo CEO Charlie Scharf expects mid-teens growth in investment banking and trading revenue in Q2, with low double-digit growth in wealth management.
AMSC falls as first quarter guidance disappoints
AMSC shares fell 5% after hours as Q1 guidance missed expectations, despite strong Q4 results that beat analyst estimates.
Salesforce Beats Q1 Revenue Estimates
Salesforce beats Q1 revenue estimates driven by AI demand. Agentforce service positions company as an AI agent provider.
After 88-day blackout: Iran reconnects to internet
Iran reconnects after 88-day internet blackout. Social media restored but restrictions remain. Economy heavily impacted.
JB Hunt stock hits all-time high at $265.34
JB Hunt Transport Services stock hits all-time high at $265.34, marking a 90% annual increase. Detailed analysis on Bond.az.
Japan drops to third-largest creditor, behind China
Japan drops to third-largest net creditor globally, behind China, despite record net external assets of 561.75 trillion yen.
Jefferies Initiates Pershing Square USA Buy
Jefferies initiates Buy rating on Pershing Square USA (PSUS), highlighting the fund's strategy, discount, and lack of performance fee.
ThePaystubs Reveals Growing Payroll Compliance Issues
ThePaystubs' new analysis reveals growing payroll compliance challenges for international companies, including tax complexity, worker classification, and data privacy.
Australian spy chief: Antisemitism unchecked after Gaza war
Australia's spy chief says antisemitism was left unchecked after the Gaza war, fueling violence against Jewish people, leading to a raised terror threat level.
Jardine Matheson to Buy Australia's I-MED in $2.4B Deal
Jardine Matheson acquires Australia's I-MED Radiology Network for $2.4B. Deal set to close in 2026.
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