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Sat, Jan 17, 2026 07:34 AM All times are UTC

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Economic Shifts: ECB Rate Cut Pressures Euro; U.S. Retail Sales Surge

Oct 18, 2024 03:00 am UTC| Economy Insights & Views

The Euro experienced a significant drop following the European Central Banks (ECB) decision to reduce its deposit rate by 25 basis points, which was anticipated. The ECB indicated that the ongoing disinflationary trend is...

China's Q3 GDP Growth Slows, but Stimulus Measures Aim to Boost Economy

Oct 18, 2024 02:54 am UTC| Economy

Chinas Q3 GDP Growth in Line with Expectations, Below Annual Target According to data released on Friday, Chinas economy grew 4.6% year-on-year in the third quarter of 2024. While this figure met market expectations, it...

Boeing Plans $15 Billion Capital Raise Amid Ongoing Challenges

Oct 17, 2024 08:53 am UTC| Economy

Boeings Strategic Capital Raise Boeing is preparing to raise approximately $15 billion through a combination of common shares and a mandatory convertible bond. This move aims to strengthen its finances, which have been...

Mexico’s Senate Approves Constitutional Reform Favoring CFE

Oct 17, 2024 08:48 am UTC| Economy

Overview of the Constitutional Amendment In a significant move for the energy sector, Mexicos Senate voted late Wednesday to amend the constitution, granting preferential dispatch rights to the state electricity...

Hyundai Motor India Sets IPO Price at ₹1,960, Targeting $3.3 Billion

Oct 17, 2024 08:35 am UTC| Economy

Hyundai Motor India has announced a share price of ₹1,960 for its upcoming initial public offering (IPO), aiming to raise approximately $3.3 billion. This pricing aligns with the upper end of the previously indicated range...

Nokia Reports 9% Increase in Q3 Operating Profit Amid Recovery in Demand

Oct 17, 2024 08:31 am UTC| Economy

Nokias Financial Performance Overview Finnish telecom equipment supplier Nokia announced a 9% rise in operating profit for the third quarter, signaling a positive shift in demand in several sectors. This follows a...

Turin’s Industrial Decline: The Struggles of Fiat’s Mirafiori Plant Amid Electrification and Global Competition

Oct 17, 2024 07:23 am UTC| Economy

Turins Automotive Decline: Challenges at Fiats Mirafiori Plant The city of Turin, once synonymous with Italys automotive might, is now a symbol of industrial decline. The historic Mirafiori plant, once producing...

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Economy

U.S. Denies Plans to Use Venezuelan Oil to Refill Strategic Petroleum Reserve

The U.S. Department of Energy has denied reports that the federal government is considering using Venezuelan oil in an exchange with American oil companies to help refill the Strategic Petroleum Reserve (SPR). On Friday, a...

U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales

The United States is accelerating efforts to grant Chevron an expanded license for oil production in Venezuela, a move that could significantly reshape the countrys energy sector and global oil markets. U.S. Energy...

U.S. Stocks Finish Nearly Flat as Earnings Season Begins and Investors Eye Volatility

U.S. stocks ended nearly flat on Friday after a choppy trading session, as investors remained cautious ahead of a long holiday weekend and the early stages of fourth-quarter earnings season. Despite modest daily moves, all...

Australia Treasurer Backs RBA Governor’s Support for Fed Chair Jerome Powell Amid Independence Concerns

Australias Treasurer Jim Chalmers has publicly backed Reserve Bank of Australia (RBA) Governor Michele Bullock after she joined a group of global central bank leaders in expressing solidarity with U.S. Federal Reserve...

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Politics

DOJ Sues Virginia Over Failure to Provide Full Voter Registration Records

The U.S. Justice Department has filed a lawsuit against the state of Virginia, alleging that state officials failed to comply with federal requirements to provide complete voter registration lists. According to a statement...

Trump Honored With Road Renaming Near Mar-a-Lago as His Name Expands Across U.S. Institutions

U.S. President Donald Trump marked the ceremonial renaming of a major roadway near his private club in Palm Beach, Florida, highlighting the continued expansion of initiatives, buildings, and programs bearing his name...

Trump Expands Investment Portfolio With $100M Bond Purchases Amid Conflict Questions

U.S. President Donald Trump disclosed the purchase of nearly $100 million in municipal and corporate bonds between mid-November and late December, according to newly released financial filings. The disclosures, posted late...

White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability

The White House has urged PJM Interconnection, the largest electric grid operator in the United States, to hold an emergency power auction to prevent rolling blackouts as electricity demand from data centers accelerates...

Trump Announces “Board of Peace” to Oversee Transitional Governance of Gaza

The White House on Friday officially announced the members of the so-called Board of Peace, a new international body proposed under President Donald Trumps plan to supervise the temporary governance of Gaza. The...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production

Suppliers producing key components for Nvidias H200 artificial intelligence chips have reportedly paused production after Chinese customs authorities blocked shipments of the newly approved AI processors from entering...

California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery

California Attorney General Robert Bonta has issued a cease-and-desist letter to Elon Musks artificial intelligence company xAI, demanding an immediate stop to the creation and distribution of AI-generated nonconsensual...

TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure

TikTok is set to roll out new age-detection technology across Europe in the coming weeks, as the popular social media platform faces increasing regulatory scrutiny over child safety and age verification. The move follows a...

Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling

Alphabets Google has asked a federal judge to delay enforcing a key part of a landmark antitrust ruling that would require the company to share valuable search data with rivals, according to court filings submitted on...

Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its Managing Director of India, signaling a major push into one of the worlds fastest-growing AI markets. The appointment...