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Mon, Apr 06, 2026 03:30 AM All times are UTC

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Federal Court Fines Mobil Oil Australia A$16 Million for Misleading Fuel Claims

Feb 17, 2026 03:21 am UTC| Business Law

Mobil Oil Australia has been fined A$16 million (US$11.3 million) by the Federal Court of Australia for making misleading representations about fuel sold at several petrol stations in Queensland, according to the...

Santos Wins Court Case Over Net Zero and Sustainability Claims

Feb 17, 2026 02:45 am UTC| Business Law

Australian gas producer Santos has secured a significant legal victory after a federal court dismissed allegations that the company misled the public about its net zero emissions strategy. The lawsuit challenged Santos...

Democrats Pledge Major Spending on Virginia Redistricting Ahead of Midterm Elections

Feb 16, 2026 01:28 am UTC| Politics Law

House Minority Leader Hakeem Jeffries said Democrats are prepared to spend tens of millions of dollars to support a Virginia redistricting initiative that could potentially secure four additional U.S. House seats for the...

Federal Judge Orders Trump Administration to Facilitate Return of Deported Honduran Student

Feb 14, 2026 01:41 am UTC| Law Politics

A U.S. federal judge has ordered the Trump administration to facilitate the return of a Honduran college student who was deported despite a court order blocking her removal. The ruling marks a significant development in an...

Trump Administration Sues Harvard Over Alleged Race-Based Admissions Practices

Feb 14, 2026 01:37 am UTC| Politics Law

The Trump administration has filed a lawsuit against Harvard University, escalating its ongoing dispute with the Ivy League institution over alleged race-based admissions policies. The Justice Department announced Friday...

Federal Judge Blocks Trump Administration’s $600 Million Public Health Funding Cuts to Democratic-Led States

Feb 13, 2026 02:57 am UTC| Politics Law

A federal judge in Chicago has temporarily blocked the Trump administration from moving forward with $600 million in proposed public health funding cuts affecting four Democratic-led states. The ruling marks the latest...

More U.S. Investors Join Arbitration Against South Korea Over Coupang Dispute

Feb 12, 2026 02:55 am UTC| Business Governance Law

Three additional U.S. investment firms have joined Greenoaks and Altimeter Capital in launching a legal challenge against the government of South Korea, escalating an international dispute centered on e-commerce giant...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

Iran's Stranglehold on the Strait of Hormuz: What It Means for Global Markets

U.S. intelligence assessments now confirm that Iran has no intention of loosening its grip on the Strait of Hormuz anytime soon. Tehran views control over this critical oil corridor as its most powerful bargaining chip...

Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis

Vietnams economy posted solid but slower growth in the first quarter of 2026, with GDP expanding 7.83% year-on-year, down from 8.46% in the previous quarter, according to the National Statistics Office. While the figure...

March 2025 Jobs Report: Strong Headline Numbers Hide Deeper Economic Concerns

The U.S. labor market showed resilience in March 2025, with employment growth rebounding sharply after a sluggish February and the unemployment rate dipping unexpectedly to 4.3%. However, beneath the encouraging surface,...

Politics

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

Iran has firmly pushed back against U.S. President Donald Trumps latest threats over the Strait of Hormuz, dismissing his ultimatum and introducing new conditions that could further destabilize global trade routes. The...

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

President Donald Trump has set an 8:00 p.m. Eastern Time Tuesday deadline for Iran to reopen the Strait of Hormuz, one of the worlds most critical oil shipping routes, warning of severe military consequences if the demand...

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

In one of the most audacious military operations in recent American history, U.S. special operations forces successfully extracted a stranded American weapons specialist from deep within Iranian territory. The mission,...

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

Russias military reported intercepting 148 Ukrainian drones within a three-hour window on Sunday evening, marking one of the more significant aerial campaigns in recent months. Air defence units neutralized the unmanned...

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...