Activist investor Elliott Management took a stake worth over $2 billion
Workday, Inc. is a leading cloud-based software company specializing in financial management, human capital management, and enterprise planning solutions. Founded in 2005, Workday serves a diverse global clientele ranging from mid-sized businesses to Fortune 500 companies. The company is known for integrating artificial intelligence and advanced analytics into its products, enabling organizations to streamline financial operations, manage workforce effectively, and gain valuable insights. Workday’s innovative and customer-centric approach has positioned it as a leader in the enterprise software market, with a strong focus on continuous product enhancement and expansion into emerging technologies like AI and conversational agents..
Workday, Inc. is a leading American cloud-based software company specializing in financial management, human capital management, and enterprise planning solutions. Founded in 2005 by industry veterans Aneel Bhusri and Dave Duffield, Workday has grown to serve thousands of customers globally, ranging from mid-sized businesses to Fortune 500 companies. The company is recognized for its innovative approach to integrating artificial intelligence and adaptive planning into its suite of services, helping organizations streamline financial operations, manage their workforce effectively, and gain real-time insights.
Workday's cloud applications cover a broad range of functions including recruitment, employee management, financial planning, and analytics. The company has consistently expanded through strategic acquisitions and product innovations, such as AI-powered workforce planning and conversational AI agents. Its commitment to ethical business practices and customer-centric solutions has earned it recognition as a leader in the enterprise software market. Recent leadership changes and a shift towards investing in AI technologies underscore Workday’s focus on driving future growth in a rapidly evolving tech landscape.
TFormer U.S. President Donald Trump has called on European allies, particularly those in the European Union and NATO, to impose a complete
halt on their purchases of Russian oil as part of a broader strategy to intensify economic pressure on Russia amid its ongoing war in Ukraine.
Trump criticized the current sanctions and trade measures adopted by the EU as being too lenient and ineffective in cutting off the financial
resources fueling Russia’s military operations. According to Trump, the existing EU measures fall short of the strong stance required to compel
Russia to cease its aggression, and the continued import of Russian crude by European nations undermines the unity and effectiveness of Western sanctions.
Trump has also indicated his willingness to escalate U.S. sanctions on Russia further but insists that Europe needs to match this level of toughness
for the collective effort to succeed. He has suggested imposing steep tariffs on countries like China that continue to buy discounted Russian oil, aiming to
disrupt trade links that indirectly support Russia’s war economy. This position highlights the intensifying geopolitical conflicts tied to global
energy supplies and the ongoing tug-of-war over economic influence between major world powers.
The former president's remarks come at a time when Western countries are grappling with balancing energy security, economic costs, and political unity in the face of Russia’s war tactics and resilience. The U.S. hopes to isolate Russia economically by choking off key revenue streams from its oil exports, which account for a significant part of its budget. However, some European allies remain dependent on Russian energy supplies, creating divisions over how aggressively to implement sanctions. Trump’s call for stronger, more comprehensive sanctions and a unified allied front reflects a hardline approach that contrasts with more cautious strategies favored by some European leaders. It underscores the complex challenges of leveraging economic instruments in geopolitical conflicts, where sanctions must be carefully calibrated to maximize pressure on adversaries while minimizing harm to allies and global markets. In summary, Trump’s appeal to European allies to stop buying Russian oil and toughen sanctions signals a push for more decisive, coordinated international actions to financially isolate Russia and expedite an end to the war in Ukraine, while also confronting broader geopolitical maneuvering involving China and global energy trade.