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Tue, Aug 11, 2026 04:09 PM All times are UTC

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Siemens Healthineers Q2 Revenue Jumps 6.8%, Outlook Trimmed Amid Tariff Headwinds

May 07, 2025 06:27 am UTC| Business

Siemens Healthineers (ETR:SHLG) reported a solid second-quarter performance, with revenue rising 6.8% year-over-year to 5.9 billion, driven by robust demand in its Imaging and Varian segments. The German medical technology...

Amazon’s Zoox to Ramp Up Robotaxi Production Ahead of U.S. Launch

May 07, 2025 06:24 am UTC| Business

Amazon-backed autonomous vehicle startup Zoox is preparing to significantly expand production in 2025 as it moves toward a commercial launch of its self-driving robotaxi service in the United States, according to the...

BMW Q1 2025 Earnings: EV Sales Surge Amid Revenue Dip and Profit Decline

May 07, 2025 06:17 am UTC| Business

BMW Group (ETR:BMWG) reported a steady performance in Q1 2025, highlighting strong electric vehicle (EV) momentum despite facing a challenging global auto market. The company delivered 586,117 premium vehicles, down 1.4%...

CATL Eyes $5 Billion Hong Kong Listing with Modest Discount to Shenzhen Shares

May 07, 2025 04:05 am UTC| Business

Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL) is preparing for a major Hong Kong listing to raise approximately $5 billion, potentially marking the citys largest new share sale in four years....

Skechers to Go Private in $9.42B Buyout by 3G Capital Amid Tariff Pressures

May 07, 2025 04:02 am UTC| Business

Skechers is set to be acquired by 3G Capital for $9.42 billion in the largest-ever buyout in the footwear industry. The investment firm will pay $63 per share in cash, a 28% premium over Skechers last closing price. Shares...

OpenAI to Reduce Revenue Share with Microsoft Amid Restructuring

May 07, 2025 03:40 am UTC| Technology Business

OpenAI plans to cut the percentage of revenue it shares with Microsoft (NASDAQ:MSFT) as part of its evolving business strategy, according to a report by The Information. The ChatGPT creator has scaled back a significant...

Rivian and Lucid Warn of Rising Costs Amid Tariffs and Slowing EV Demand

May 07, 2025 02:23 am UTC| Business

Electric vehicle makers Rivian (NASDAQ:RIVN) and Lucid Motors (NASDAQ:LCID) are bracing for higher production costs as new U.S. tariffs on imported vehicles and auto parts come into effect, further pressuring an EV market...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

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...

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

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

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...