soaring

Shares of one of Europe’s worst-performing companies this year — Puma — were soaring on Thursday after reports a Chinese suitor and possibly others might be circling.

The external walls of the soaring residential towers were covered in bamboo scaffolding and wrapped in netting and plastic sheeting.

The maker of sensors used in cars and robots announced the development this week, sending shares soaring.

This year, the city had to close a nearly $1-billion shortfall caused largely by rising personnel costs, soaring legal payouts and a slowdown in the local economy.

After three years of breakneck growth and soaring valuations, the AI industry enters 2026 with some of the euphoria giving way to tough questions.