
Mitsui Kinzoku Stock Surges to Record High After Profit Forecast Upgrade and Dividend Increase
Feb 16, 2026 05:10 am UTC| Business
Shares of Japanese metal producer Mitsui Kinzoku soared to a record high on Monday after the company significantly raised its fiscal 2025 earnings outlook and increased its dividend payout. The stock climbed nearly 10% to...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement
Feb 16, 2026 05:05 am UTC| Business Technology
Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro
Feb 16, 2026 02:37 am UTC| Politics Technology Business
Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Anduril Industries Seeks $8 Billion Funding at $60 Billion Valuation
Feb 16, 2026 02:22 am UTC| Business Politics
U.S. defense tech startup Anduril Industries is reportedly in discussions to raise up to $8 billion in a new funding round that could value the company at no less than $60 billion, according to Bloomberg News, citing...

Treasury Wine Estates Profit Falls 46% as China and U.S. Inventory Reset Weighs on Earnings
Feb 16, 2026 01:25 am UTC| Business
Australias Treasury Wine Estates reported a sharp decline in first-half earnings, highlighting ongoing challenges in its key China and U.S. markets. The global winemaker announced that underlying net profit after tax...

BlueScope Steel Forecasts Stronger Second-Half Earnings, Shares Rise Above Rejected Buyout Offer
Feb 16, 2026 01:17 am UTC| Business
Australian steelmaker BlueScope Steel has projected stronger second-half earnings after delivering a robust first-half performance, supported by improved U.S. steel spreads, higher sales volumes across key markets, and...

Macquarie-Led Consortium to Acquire Qube Holdings in A$11.7 Billion Deal
Feb 16, 2026 01:13 am UTC| Business
Australias Qube Holdings has agreed to a landmark A$11.7 billion ($8.26 billion) takeover offer from a consortium led by Macquarie Asset Management (MAM), driving the logistics companys shares to a record high. The deal...