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Tue, Jun 23, 2026 10:10 AM All times are UTC

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Nippon Steel Offers Veto Power to US Government to Secure Approval for US Steel Deal

Jan 01, 2025 03:30 am UTC| Economy Business

Nippon Steel is offering the U.S. government veto authority over production cuts at U.S. Steel mills, as part of its efforts to gain approval for its acquisition of the American steelmaker. President Joe Biden has until...

Nvidia Seals $700 Million Runai Deal, Navigating Antitrust Scrutiny to Expand AI Ecosystem Dominance

Dec 31, 2024 21:49 pm UTC| Economy Technology

Chipmaker Nvidia has finalized its $700 million acquisition of Israeli start-up Runai, overcoming regulatory scrutiny in the EU. The move cements Nvidias leadership in the AI graphics processing sector while promising...

Beijing’s Autonomous Push Brings Driverless Taxis and Buses to the Forefront of Urban Innovation

Dec 31, 2024 21:43 pm UTC| Economy Technology

Beijing is propelling autonomous driving forward with regulations effective April 1, enabling trials for driverless taxis and buses while advancing intelligent road infrastructure. This initiative positions Chinas capital...

Shein and Temu Hit by Mexico’s New Tariffs on Asian Imports Amid Trade Crackdown

Dec 31, 2024 21:34 pm UTC| Economy Business

Mexico has introduced a 19% tariff on goods entering from non-treaty countries, including China, home to Shein and Temu. The measures aim to protect domestic industries and counter tax evasion, impacting e-commerce...

Ai-Powered Stocks That Are Set to Make Waves in 2025

Dec 31, 2024 20:12 pm UTC| Economy Technology

The rapid rise of AI stocks has reshaped the market, but 2025 is shaping up to be the year when investors demand more than innovation. Wall Streets focus is shifting to measurable returns on these transformative...

Xiaomi SU7 Electric Sedan Surpasses 130,000 Deliveries in Record First Year

Dec 31, 2024 19:43 pm UTC| Economy Technology

Xiaomi has taken the EV market by storm, surpassing its revised delivery target with over 130,000 SU7 electric sedans sold in 2024. The companys impressive debut performance signals strong competition for Tesla and other...

Tesla Shakes Up Foundation Cybertruck Deals with Free Supercharging, Do You Qualify?

Dec 31, 2024 01:49 am UTC| Economy Technology

Tesla is rolling out free Supercharging for customers purchasing a Foundation Cybertruck after December 27, 2024. The offer is linked to the buyers Tesla account, cannot be transferred, and excludes early adopters. Idle...

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Economy

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline

Asian stock markets mostly moved lower on Tuesday as investors locked in profits following a strong artificial intelligence-driven rally that had pushed several regional indexes to record highs. The pullback was led by...

New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum

New Zealand is accelerating the development of major gold mining projects and attracting new mining investment as record-high gold prices breathe life into a sector that has struggled for years. The governments push to...

Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns

The Japanese yen hovered near its weakest level in almost four decades on Tuesday, fueling speculation that Japanese authorities may once again intervene in the foreign exchange market to support the struggling currency....

Politics

Lebanon Pushes Ahead With Israel Talks Despite Iran-U.S. Deal Impact

Lebanon is set to begin a new round of direct negotiations with Israel in Washington on Tuesday, despite growing concerns that recent Iran-U.S. diplomatic developments have weakened Beiruts position. Lebanese officials...

Andy Burnham Emerges as Favorite After Keir Starmer Resigns

British Prime Minister Keir Starmer announced on Monday that he is stepping down as leader of the Labour Party, paving the way for Andy Burnham to become the next prime minister of the United Kingdom. The move could bring...

Rubio Faces Gulf Skepticism Over U.S.-Iran Peace Deal

U.S. Secretary of State Marco Rubio is embarking on a critical diplomatic tour of the Gulf this week as he seeks to reassure key Arab allies about Washingtons newly signed Iran peace agreement. The visit comes amid growing...

Russia-Ukraine War: Fresh Strikes Injure Civilians as Fuel Crisis Worsens in Russia

Six people were injured in overnight Russian air strikes across Ukraine, according to local officials, while Kyiv briefly issued an air raid alert early Tuesday, urging residents to seek shelter. The latest attacks...

DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post

The U.S. Department of Justice has launched an investigation into a New York City coffee shop after the business publicly stated it would have refused service to Representative Dan Goldman if employees had recognized him...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...