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Fri, Dec 05, 2025 09:54 PM All times are UTC

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Ternium Urges USMCA Rule Changes Amid Steel Tariff Disputes

Jun 19, 2025 00:57 am UTC| Business

Ternium, a major steelmaker with significant operations in Mexico, is pushing for tougher trade terms under the U.S.-Mexico-Canada Agreement (USMCA) ahead of its scheduled review. Despite ongoing headwinds from steep U.S....

Apple Eyes Generative AI for Custom Chip Design, Says Exec

Jun 19, 2025 00:47 am UTC| Technology Business

Apple Inc. (NASDAQ:AAPL) is exploring the use of generative artificial intelligence (Gen AI) to enhance the design of its custom silicon chips, according to a recent Reuters report. Johny Srouji, Apples senior vice...

Meta Eyes $1B AI Fund Deal to Boost Artificial General Intelligence Ambitions

Jun 19, 2025 00:46 am UTC| Technology Business

Meta Platforms (NASDAQ:META) is reportedly in advanced talks to acquire a partial stake in a prominent artificial intelligence venture fund managed by Nat Friedman and Daniel Gross, according to The Information. The...

Morgan Stanley Shuts Down U.S. Equity Options Market-Making Unit Amid Competition Pressures

Jun 19, 2025 00:41 am UTC| Business

Morgan Stanley (NYSE: MS) is exiting its automated market-making business for U.S. equity options, signaling a strategic pullback from a fast-growing segment of the derivatives market, Bloomberg reported on Wednesday. The...

Latin America Unites to Launch Culturally-Tuned AI Model 'Latam-GPT' This September

Jun 18, 2025 03:59 am UTC| Technology Business

A coalition of over a dozen Latin American countries is set to launch Latam-GPT, the regions first large-scale AI language model tailored to local cultures and languages. Backed by Chiles National Center for Artificial...

Meta Offers $100M Bonuses to Lure OpenAI Talent, Says Sam Altman

Jun 18, 2025 03:14 am UTC| Technology Business

Meta is aggressively pursuing top AI talent, reportedly offering massive bonuses to OpenAI employees. According to OpenAI CEO Sam Altman, Meta has proposed signing bonuses of $100 million or more to lure top engineers,...

Viasat Targeted in Alleged Chinese Cyber Espionage Campaign

Jun 18, 2025 02:29 am UTC| Business Technology Politics

Viasat Inc. (NASDAQ:VSAT), a leading U.S. satellite and wireless communications provider, has reportedly been targeted in a massive cyber espionage campaign linked to Chinese state-affiliated hackers, according to...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...