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Thu, Dec 18, 2025 01:00 AM All times are UTC

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Cisco Stock Jumps as Strong AI-Driven Networking Demand Boosts Earnings and Guidance

Nov 13, 2025 02:17 am UTC| Business Technology

Cisco Systems Inc. (NASDAQ: CSCO) surged over 4% in after-hours trading on Wednesday after reporting stronger-than-expected fiscal first-quarter results and raising its full-year outlook, driven by robust demand for...

Boeing Ordered to Pay $35.85 Million to Family of UN Worker Killed in Ethiopian Airlines Crash

Nov 13, 2025 02:11 am UTC| Business Law

A federal jury in Chicago has ordered Boeing to pay more than $28 million to the family of Shikha Garg, a United Nations environmental worker killed in the 2019 Ethiopian Airlines 737 MAX crash. Under a settlement reached...

Foxconn’s Q3 Profit Surges 17% on Strong AI Server and iPhone Demand

Nov 12, 2025 07:28 am UTC| Technology Business

Taiwan-based Foxconn, officially known as Hon Hai Precision Industry, reported a 17% year-on-year rise in third-quarter profit, driven by robust global demand for artificial intelligence (AI) servers and steady iPhone...

LVMH Expands Swiss Watchmaking Presence with Stake in La Joux-Perret

Nov 12, 2025 07:26 am UTC| Business

LVMHs watch division has strengthened its position in the Swiss luxury watchmaking industry by acquiring a minority stake in La Joux-Perret, a renowned Swiss manufacturer known for its precision engineering and...

Bayer AG Reports Strong Q3 Earnings Boosted by Crop Science and Pharma Growth

Nov 12, 2025 07:25 am UTC| Business

Bayer AG (ETR: BAYGN) delivered a robust performance in the third quarter of 2025, reporting a 138% surge in core earnings per share to 0.57, up from 0.24 a year earlier. The German healthcare and agriculture giant...

Mineral Resources Sells 30% Lithium Stake to POSCO for $765M to Reduce Debt

Nov 12, 2025 02:04 am UTC| Business

Australias Mineral Resources Ltd (MinRes) announced on Wednesday that it will sell a 30% stake in part of its lithium business to South Koreas POSCO for $765 million, aiming to cut debt and strengthen its balance sheet....

SoftBank Shares Drop After $5.8 Billion Nvidia Stake Sale Amid AI Valuation Concerns

Nov 12, 2025 01:55 am UTC| Business Technology

SoftBank Group Corp. (TYO:9984) shares fell sharply on Wednesday after the Japanese tech giant confirmed it had sold its entire stake in artificial intelligence leader NVIDIA Corporation (NASDAQ:NVDA). The divestment...

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Economy

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Politics

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...