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Tue, Aug 11, 2026 12:50 AM All times are UTC

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Xiaomi Shares Hit Seven-Month Low as Rising Chip Costs Threaten Smartphone Pricing

Nov 19, 2025 05:15 am UTC| Business Technology

Xiaomi Corp (HK:1810) saw its shares tumble to a seven-month low on Wednesday after the Chinese electronics giant signaled that rising global memory chip prices could soon force an increase in smartphone costs. The stock...

Baidu Shares Climb as AI Businesses Show Strong Growth Despite Quarterly Loss

Nov 19, 2025 05:11 am UTC| Business Technology

Baidus stock gained momentum on Wednesday as investors shifted their focus from the companys quarterly loss to the solid performance of its artificial intelligence-driven businesses. The Chinese tech giant released its...

Tesla Secures Arizona Permit as Robotaxi Expansion Accelerates

Nov 19, 2025 04:46 am UTC| Business

Tesla has taken another significant step toward scaling its autonomous mobility ambitions by securing a Transportation Network Company (TNC) permit in Arizona. The approval, confirmed by a state regulator, enables the...

Celltrion Plans Major U.S. Investment to Boost Biopharmaceutical Production

Nov 19, 2025 02:05 am UTC| Business

South Korean biopharmaceutical leader Celltrion has announced plans to invest up to 700 billion Korean won (approximately $478 million) to expand manufacturing capacity at its U.S. facility. The companys decision comes...

Paramount Pressed to Raise Warner Bros Discovery Bid Amid Growing Investor Interest

Nov 19, 2025 02:01 am UTC| Business

Warner Bros Discovery is back in the spotlight as reports indicate its board is pushing Paramount and Skydance to raise their latest acquisition bid. According to Axios, Paramounts current offer of $23.5 per...

Pony.ai Unveils Next-Generation Autonomous Trucks for Mass Deployment by 2026

Nov 19, 2025 01:59 am UTC| Business Technology

Chinese robotaxi leader Pony.ai Inc. (NASDAQ: PONY) has introduced its fourth-generation autonomous trucks, marking a major push toward large-scale commercial deployment in the global self-driving freight market. The...

Stellantis Expands Global EV Charging Access With Tesla NACS Adoption Starting 2026

Nov 19, 2025 00:47 am UTC| Business

Stellantis announced that it will integrate Teslas North American Charging System (NACS) into select battery-electric vehicles beginning in 2026, a move expected to significantly enhance charging access for its customers...

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Economy

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing

British consumers increased spending on food, pubs and clothing in July, supported by Englands run to the World Cup semi-finals and unusually hot weather. However, shoppers remained cautious about larger purchases as...

Politics

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

US Revokes Over 175,000 Visas Under Trump Immigration Crackdown

The U.S. State Department has revoked more than 175,000 visas held by foreign nationals under President Donald Trumps administration, marking a significant expansion of the governments immigration and visa enforcement...

Trump Demands Iran Pay Compensation Over Deaths and Injuries

U.S. President Donald Trump said Monday that he will demand compensation from Iran for people he says were killed or seriously wounded in conflicts involving Tehran, responding to Irans own push for compensation following...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...