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Thu, Apr 09, 2026 05:28 AM All times are UTC

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Publicis Lifts 2025 Growth Forecast After Beating Q2 Estimates

Jul 17, 2025 06:04 am UTC| Business

French advertising giant Publicis Groupe (EPA:PUB) raised its 2025 organic growth forecast after delivering stronger-than-expected second-quarter results, brushing off concerns over Metas AI-driven ad tools. CEO Arthur...

SK Hynix Shares Drop 9% After Goldman Sachs Downgrade on HBM Competition Worries

Jul 17, 2025 06:00 am UTC| Business

SK Hynix Inc. (KS:000660) shares plunged nearly 9% to 270,000 won on Thursday after Goldman Sachs downgraded the stock to Neutral from Buy, citing concerns over intensifying competition in the high-bandwidth memory (HBM)...

Novartis Q2 Net Income Jumps 24% on Strong U.S. Sales and Blockbuster Drugs

Jul 17, 2025 05:58 am UTC| Business

Novartis (SIX:NOVN) reported a 24% surge in Q2 net income to $4 billion, driven by robust demand for key therapies like Kisqali, Entresto, and Kesimpta. Earnings per share rose 29% to $2.07, supported by a lower average...

EU Delays X Investigation Amid US Trade Talks

Jul 17, 2025 05:46 am UTC| Technology Business Governance

The European Commission has reportedly paused its investigation into Elon Musks social media platform X (formerly Twitter) over potential violations of the EUs Digital Services Act (DSA), according to the Financial Times....

Couche-Tard Withdraws $47B 7-Eleven Bid Citing Lack of Cooperation

Jul 17, 2025 00:38 am UTC| Business

Alimentation Couche-Tard has officially withdrawn its $47 billion takeover bid for Japans Seven i Holdings, citing a lack of meaningful engagement from the 7-Eleven parent company. The Canadian convenience store giant,...

OpenAI Taps Google Cloud to Boost AI Infrastructure, Diversifies Beyond Microsoft

Jul 17, 2025 00:31 am UTC| Technology Business

OpenAI has officially added Google Cloud to its list of infrastructure providers, joining a growing lineup that includes Microsoft Azure, Oracle, and CoreWeave. The move, confirmed on OpenAIs website and first reported by...

Volvo Cuts U.S. Lineup Amid Soaring Tariffs and Weak EV Demand

Jul 17, 2025 00:29 am UTC| Business

Volvo Cars has significantly reduced its U.S. model lineup in response to steep tariffs and slowing electric vehicle (EV) demand. The Swedish automaker, owned by Chinas Geely Holding, now offers only about half of its 13...

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Economy

Asian Markets Retreat as Gulf Crisis Fuels Oil Surge and Inflation Fears

The fragile ceasefire in the Gulf showed fresh signs of collapse on Thursday, rattling Asian share markets and sending oil prices sharply higher as investors confronted the reality of a prolonged inflationary shock to the...

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

Gold prices edged lower during Asian trading on Thursday, retreating after modest gains in the previous session as investors continued monitoring escalating Middle East tensions threatening a fragile ceasefire between the...

Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets

Oil prices recovered Thursday following their sharpest single-day decline since April 2020, as ongoing disruptions in the Strait of Hormuz and escalating Middle East tensions renewed fears over global crude supply. By...

Politics

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

Haitis Provisional Electoral Council (CEP) has officially announced the postponement of a voter registration drive that was originally set to begin on April 1. The council stated that updated registration dates would be...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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...

Technology

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...

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...