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Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure

Jan 10, 2026 01:56 am UTC| Politics Economy Business

U.S. President Donald Trump met with executives from major American and international oil companies at the White House on Friday to promote a bold plan aimed at reviving Venezuelas oil industry through up to $100 billion...

UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside

Jan 09, 2026 08:48 am UTC| Business

UBS has upgraded LOréal SA (EPA: OREP) to a buy rating from neutral, citing accelerating sales momentum, improving market share trends, and a reduced risk profile for the worlds largest cosmetics company. The...

Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity

Jan 09, 2026 05:53 am UTC| Business

Shares of South Koreas Hanwha Ocean surged on Friday after a report revealed the company is in discussions to significantly expand its shipbuilding footprint in the United States. According to The Wall Street Journal,...

Aktis Oncology Prices Upsized IPO at $18, Raising $318 Million in Major Biotech Debut

Jan 09, 2026 05:38 am UTC| Business

Cancer drug developer Aktis Oncology announced on Thursday that it has successfully priced its upsized U.S. initial public offering at $18 per share, raising approximately $318 million and marking a significant milestone...

AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid

Jan 09, 2026 05:31 am UTC| Business

AustralianSuper, the largest shareholder in BlueScope Steel, has publicly supported the companys decision to reject a $9 billion takeover offer from SGH and U.S.-based Steel Dynamics, stating that the proposal...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Jan 09, 2026 05:29 am UTC| Business Technology

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S.

Jan 09, 2026 05:20 am UTC| Business

General Motors announced it will take a $6 billion charge related to scaling back its electric vehicle investments, highlighting the growing challenges facing the U.S. EV market. The charge, disclosed in a regulatory...

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Economy

Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar

Japanese Finance Minister Satsuki Katayama issued a stern warning to currency traders on Friday, signaling that Tokyo is prepared to take decisive action against what officials describe as speculative behavior driving...

China's Services Sector Maintains Growth Streak Despite March Slowdown

Chinas services industry continued to expand in March, though at a notably slower pace, as weakening demand and ongoing workforce reductions tempered activity across the sector. According to the latest RatingDog Services...

U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report

U.S. stock index futures held steady Thursday evening as markets entered a cautious holding pattern before the Good Friday holiday closure, with traders weighing Middle East tensions and positioning ahead of a critical...

Gold Prices Drop as Trump Escalates Iran Threats, Oil Surges

Gold prices retreated Thursday, breaking a multi-day winning streak after President Donald Trump signaled an intensified military campaign against Iran over the coming weeks. The remarks rattled investors who had grown...

U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran

The U.S. dollar strengthened Thursday, drawing support from its safe-haven status after President Donald Trump signaled a significant escalation in military operations against Iran. The U.S. Dollar Index climbed 0.4% to...

Politics

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...

U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars

More than 100 international law experts from leading American universities, including Harvard, Yale, Stanford, and the University of California, have signed an open letter warning that U.S. military strikes on Iran may...

UN Confirms Sexual Exploitation Allegations Against Haiti Security Force Members

A United Nations report has confirmed that four allegations of sexual exploitation and abuse committed by members of a UN-backed security force operating in Haiti were substantiated following formal investigations. The...

Zelenskyy Offers Ukraine's Naval Drone Expertise to Secure the Strait of Hormuz

Ukrainian President Volodymyr Zelenskyy has stepped onto the global maritime security stage, offering Ukraines proven naval defense capabilities to countries working to safeguard freedom of navigation through the Strait of...

Russia Unleashes Drone Barrage on Kharkiv, Injuring Child Among Victims

Russian forces launched a sustained drone offensive against Kharkiv, Ukraines second-largest city, throughout Thursday, leaving at least two people injured, including an eight-year-old girl. Local officials confirmed 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

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...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...