TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
Apple Turns 50: From Garage Startup to AI Crossroads 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Britain Courts Anthropic Amid US Defense Department Dispute 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
Australian coal miner New Hope Corp (ASX:NHC) saw its shares jump over 7% to A$3.99 after reporting a significant 35% rise in half-year net profit. The company’s net profit after tax reached A$340.3 million for the six months ending January 31, driven by higher production and lower unit costs.
Strong output from its Bengalla Mine, which hit its target run rate, and the continued ramp-up at New Acland Mine supported production gains. Despite weaker coal prices, cost discipline helped offset market headwinds.
New Hope’s underlying EBITDA climbed to A$517.3 million, boosted by a 32.9% surge in saleable coal production to 5.4 million tonnes. The company achieved steady-state operations at Bengalla, producing 13.4 million tonnes annually, while securing legal certainty for New Acland Stage 3 expansion.
In a move to reward shareholders, New Hope declared an interim dividend of 19 Australian cents per share, up from 17 cents a year earlier. It also announced an on-market share buyback of up to A$100 million, leveraging strong cash flow generation to support capital returns and growth projects.
The company’s impressive financial performance highlights its ability to navigate market challenges, maintain operational efficiency, and deliver strong shareholder value.
