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GIC to Acquire 25% Stake in MasOrange-Vodafone Spain Fibre Venture for €1.4B

Aug 04, 2025 04:57 am UTC| Business

Singapores sovereign wealth fund GIC is set to acquire a 25% stake in a major fibre-optic broadband joint venture between MasOrange and Vodafone Spain, according to the Financial Times. The deal, valued at approximately...

Taiwan Targets Global Talent to Address Semiconductor Workforce Shortage

Aug 04, 2025 04:52 am UTC| Business Technology

Dressed in a white protective suit and face mask, 16-year-old Nicolas Chueh explored Taiwans advanced chip manufacturing facilities during a summer camp aimed at inspiring future semiconductor talent. The camp, organized...

BYD Shares Slide as July EV Sales Post First Decline in Six Months

Aug 04, 2025 02:25 am UTC| Business

BYD Co (SZ:002594) (HK:1211) shares fell on Monday after the worlds largest electric vehicle (EV) maker reported a sharp slowdown in July sales, fueling concerns over weakening growth momentum. The Chinese automaker...

Amphenol Nears $10.5 Billion Deal for CommScope Broadband Unit

Aug 04, 2025 01:22 am UTC| Business Technology

Amphenol Corporation (NYSE: APH) is reportedly close to acquiring CommScopes (NASDAQ: COMM) broadband connectivity and cable business in a deal valued at about $10.5 billion, according to the Wall Street Journal. Sources...

Chile’s El Teniente Copper Mine Collapse Claims Six Lives

Aug 04, 2025 01:16 am UTC| Business

All five miners trapped in last weeks collapse at Chiles El Teniente copper mine have been found dead, state-run mining giant Codelco confirmed on Sunday, bringing the total death toll to six. One worker died during the...

China’s Solar Industry Faces Deep Layoffs Amid Overcapacity and Price Wars

Aug 04, 2025 00:59 am UTC| Economy Business

Chinas largest solar panel manufacturers cut nearly one-third of their workforce in 2024, shedding about 87,000 jobs, as the sector struggles with falling prices, overcapacity, and mounting losses. Longi Green Energy,...

Chinese Independent Oil Firms Invest Billions in Iraq’s Energy Sector

Aug 04, 2025 00:56 am UTC| Business

Independent Chinese oil companies are ramping up their presence in Iraq, committing multi-billion-dollar investments to tap the nations vast oil and gas reserves. Their growing footprint challenges both global energy...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

Global oil markets experienced a dramatic selloff on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, easing fears of a major disruption to Middle East energy supplies. Brent...

U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

U.S. stock index futures posted sharp gains Wednesday after President Donald Trump announced a temporary ceasefire agreement with Iran, lifting market sentiment and triggering a dramatic drop in oil prices. The development...

U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

The United States and China are maintaining a stable trade relationship, and President Donald Trump intends to preserve that balance in an upcoming summit with Chinese President Xi Jinping, according to U.S. Trade...

Politics

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

President Donald Trump welcomed NATO Secretary General Mark Rutte to the White House on Wednesday for high-stakes talks as the ongoing conflict with Iran continues to strain transatlantic relations. The meeting comes at a...

UK PM Keir Starmer Heads to Middle East Amid Ceasefire Agreement

British Prime Minister Keir Starmer is traveling to the Middle East for high-level diplomatic meetings with regional allies, following a landmark ceasefire agreement reached overnight. The visit marks a significant moment...

Trump Credits China for Brokering Iran-Israel-U.S. Ceasefire

U.S. President Donald Trump stated on Thursday that he believes China played a pivotal role in persuading Iran to agree to a ceasefire in its ongoing conflict with Israel and the United States. The statement, made to AFP,...

Xi Jinping Pushes Demand-Driven Strategy to Modernize China's Service Sector

Chinas President Xi Jinping has outlined a bold strategy to transform the countrys service industry, calling for a demand-led approach supported by structural reform and technological innovation. The directive was reported...

Trump Announces U.S. Military Presence in Strait of Hormuz Following Iran Ceasefire Deal

President Donald Trump announced Wednesday that the United States will actively support the flow of maritime traffic through the Strait of Hormuz, one of the worlds most strategically critical waterways. Speaking publicly,...

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

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...