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Price softening continues but uptick in demand at April 1 reinsurance renewals: Willis Re 1st View

Apr 01, 2016 07:59 am UTC| Business

LONDON, April 01, 2016 -- Reinsurance rates have fallen for the fourth consecutive year at the April 1, 2016 renewals, according to the latest 1st View Reinsurance Renewals report from Willis Re, the reinsurance...

Graphene Market to reach US$159.2 mn by 2023, expanding at a CAGR of 33.5% from 2015 to 2023: TMR

Apr 01, 2016 07:11 am UTC| Business

Albany, NY, April 01, 2016 -- According to the research report, the global graphene market was valued at US$ 12.3 Mn in 2014 and is anticipated to reach US$ 159.2 Mn by 2023, expanding at a CAGR of 33.5% from 2015 to...

Nidec Announces the Status of Own Share Repurchase

Apr 01, 2016 06:30 am UTC| Business

KYOTO, Japan, April 01, 2016 -- Nidec Corporation (NYSE:NJ) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of...

Norsk Hydro: Primary insiders purchase shares under Long Term Incentive program and shares to employees

Apr 01, 2016 05:04 am UTC| Business

OSLO, Norway, April 1, 2016 -- Following approval by Norsk Hydro ASA's Annual General Meeting in 2010, the Board of Directors established a Long Term Incentive (LTI) in the form of a remuneration of 30 percent and 25...

Court Confirms Molycorp, Inc.’s Fourth Joint Amended Plan of Reorganization, Paves Way for Company’s Emergence from Chapter 11

Apr 01, 2016 03:12 am UTC| Business

GREENWOOD VILLAGE, Colo., March 31, 2016 -- Molycorp, Inc. (OTC:MCPIQ), (“Molycorp” or the “Company”) a global producer of advanced rare earth and rare metal based engineered materials used in many electronic,...

Asta Funding, Inc.’s Board of Directors Rejects Unsolicited Tender Offer

Apr 01, 2016 02:00 am UTC| Business

Board Urges Shareholders Not to Tender Shares as Offer Significantly Undervalues Asta Funding, Inc. and Does Not Reflect the Value the Company will contribute to Shareholders Asta Funding, Inc. Files 14D-9 with SEC and...

Victory Nickel Completes Second Tranche of Unsecured Debt Restructuring

Apr 01, 2016 00:47 am UTC| Business

TORONTO, March 31, 2016 -- Victory Nickel Inc. ("Victory Nickel" or the "Company") (CSE: NI, www.victorynickel.ca) today announced that it has completed a second tranche of the restructuring of its unsecured debt (the...

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Economy

Argentina Sells Dollars to Stabilize Peso as New FX Trading Rules Take Effect

Argentinas Treasury intervened in the foreign exchange market on Friday by selling U.S. dollars in an effort to curb the pesos decline, marking the first trading session under the countrys newly implemented currency...

U.S. Stock Market Mixed at Close as Dow Gains and Nasdaq Slips

U.S. stocks finished mixed after the close on Friday as strength in energy, industrials, and basic materials helped support blue-chip shares, while losses in consumer-focused and technology sectors weighed on broader...

Mexico Stocks End Lower as IPC Slips on Sector Losses

Mexican stocks closed lower on Friday as broad-based declines across key sectors weighed on overall market performance. The benchmark SP/BMV IPC index ended the session down 0.36%, reflecting investor caution amid losses...

China Ends Contraceptive Tax Exemption to Boost Birth Rates

China has ended a three-decade-old tax exemption on contraceptive drugs and devices, a move aimed at addressing the countrys rapidly declining birth rate. Starting January 1, condoms, contraceptive pills, and related...

Gold Prices Surge at Start of 2026 as Weak Dollar and Rate-Cut Bets Fuel Demand

Gold prices jumped sharply during Asian trading on Friday, marking a strong start to 2026 after a historic rally last year. Renewed demand for bullion was driven by a weaker U.S. dollar and growing expectations that U.S....

Politics

Short Interest Rises in Trump Media Stock After $6 Billion Merger Announcement

Short interest in U.S. President Donald Trumps social media company, Trump Media Technology Group, has surged following a major merger announcement, signaling that a growing number of traders are betting the stock could...

Trump Warns of U.S. Action as Iran Protests Intensify Amid Economic Crisis

U.S. President Donald Trump has escalated tensions with Iran after warning that the United States is prepared to support Iranian protesters if security forces continue to fire on demonstrators. The comments came as...

Trump Blocks HieFo’s Emcore Chip Assets Deal Over National Security Concerns

President Donald Trump has issued an executive order blocking HieFo Corp. from acquiring semiconductor-related assets from Emcore Corp., citing serious national security risks tied to foreign ownership and sensitive chip...

New York Mayor Zohran Mamdani Revokes Eric Adams Executive Orders Amid Political and Antisemitism Debate

New York City Mayor Zohran Mamdani on Friday defended his decision to revoke a series of executive orders issued by his predecessor, former Mayor Eric Adams, following Adams 2024 federal indictment. The move has reignited...

U.S. Appeals Court Rules California Open Carry Firearm Ban Unconstitutional

A U.S. federal appeals court has ruled that Californias long-standing ban on openly carrying firearms in most parts of the state violates the Second Amendment, marking a significant development in ongoing legal battles...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Grok AI Faces Global Scrutiny Over Safeguard Failures and Illegal Content on X

Elon Musks artificial intelligence chatbot Grok, developed by xAI and integrated into social media platform X, has come under intense international scrutiny after admitting that lapses in safeguards led to the generation...

Baidu Shares Surge as Company Plans Kunlunxin AI Chip Spin-Off and Hong Kong Listing

Baidu shares jumped sharply after the Chinese technology giant announced plans to spin off its artificial intelligence chip unit, Kunlunxin, and pursue a listing in Hong Kong. The move comes as domestic Chinese chipmakers...

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...