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Cathay Pacific to Buy Back Qatar Airways’ 9.6% Stake for HK$6.97 Billion

Nov 06, 2025 03:24 am UTC| Business

Cathay Pacific Airways (HK:0293) announced that it will repurchase all shares held by Qatar Airways for HK$6.97 billion (US$896.4 million) in an off-market transaction, marking a major strategic move for the Hong Kong flag...

Nissan Sells Yokohama Headquarters in ¥97 Billion Deal as Part of Global Restructuring

Nov 06, 2025 03:21 am UTC| Business

Nissan Motor Co. has finalized a 97 billion ($643 million) sale-and-leaseback agreement for its global headquarters in Yokohama, Japan, marking a key move in the automakers ongoing business restructuring strategy. The...

OpenAI Seeks Government Support to Expand AI Chip and Data Center Investments

Nov 06, 2025 03:16 am UTC| Business Technology

OpenAI, the company behind the revolutionary ChatGPT tool, is exploring ways to secure government-backed financing as it accelerates its investments in artificial intelligence chips and large-scale data centers. Chief...

U.S. Orders 10% Flight Cuts Amid Record Government Shutdown, Airlines Brace for Disruption

Nov 06, 2025 00:41 am UTC| Governance Business

U.S. Transportation Secretary Sean Duffy announced Wednesday that 10% of flights at 40 major U.S. airports will be reduced starting Friday if Congress fails to end the record-breaking federal government shutdown. Now in...

Amazon.com Restores Services After Nationwide Outage Impacting Thousands of Users

Nov 06, 2025 00:39 am UTC| Business Technology

Amazon.com services have largely recovered for users across the United States following a significant outage reported on Wednesday, according to data from outage monitoring site Downdetector.com. The disruption initially...

Qualcomm Forecasts Strong Sales Boost Amid AI-Driven Smartphone Demand, Faces Samsung Setback

Nov 06, 2025 00:37 am UTC| Technology Business

Chipmaker Qualcomm projected higher-than-expected quarterly revenue and profit, signaling a rebound in premium smartphone sales fueled by growing consumer demand for AI-powered devices. However, concerns over potential...

Tesla Shareholders Face Historic Vote on Elon Musk’s $1 Trillion Pay Package and AI Future

Nov 06, 2025 00:27 am UTC| Business Technology

Tesla Inc. (NASDAQ: TSLA) is approaching one of its most crucial moments as shareholders prepare to vote on CEO Elon Musks proposed $1 trillion compensation plana decision that could shape the companys leadership and...

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Economy

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

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...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

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...

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...