
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions
Jun 18, 2026 03:49 am UTC| Business
Saudi Aramco is exploring the sale of a stake in its sulphur business as part of a broader strategy to unlock value from its infrastructure assets and generate billions of dollars in fresh capital, according to sources...

Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace
Jun 18, 2026 03:39 am UTC| Business
Singapore-based online car marketplace Carro has entered the Australian automotive market through the acquisition of CarPlace, a leading Australian used-car platform operated by Autoleague. The move marks Carros expansion...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples
Jun 18, 2026 02:56 am UTC| Business Technology
SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

HSBC Australia Faces A$35M Penalty Over Scam Protection Failures
Jun 18, 2026 02:41 am UTC| Business Law
HSBC Bank Australia is facing a proposed A$35 million (US$24.6 million) penalty after admitting to significant shortcomings in its scam prevention and customer protection measures, according to the Australian Securities...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs
Jun 18, 2026 02:35 am UTC| Business Technology
Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation
Jun 17, 2026 04:47 am UTC| Business Technology
Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

GM and Lockheed Martin Partner to Strengthen U.S. Defense Manufacturing Capacity
Jun 17, 2026 04:44 am UTC| Business
General Motors (GM) and Lockheed Martin have announced a strategic partnership aimed at strengthening the United States manufacturing and defense industrial base amid rising demand for military production capacity. The...