
BHP Port Hedland Workers Back Strike Action Amid Pay Dispute
Jun 11, 2026 10:18 am UTC| Business
Hundreds of workers at BHPs Port Hedland operations in Western Australia have voted in favor of industrial action, increasing the risk of disruptions to iron ore exports from one of the worlds largest shipping hubs. The...

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates
Jun 11, 2026 04:23 am UTC| Business Economy
Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...

Coupang Hit With Record $409 Million Fine Over Data Breach Affecting 33 Million Users
Jun 11, 2026 04:21 am UTC| Business
South Korean e-commerce giant Coupang LLC (NYSE: CPNG) has been fined 624.7 billion won ($409 million) by the countrys privacy regulator following a massive data breach that exposed the personal information of more than 33...

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans
Jun 11, 2026 04:20 am UTC| Business Technology
SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic
Jun 11, 2026 04:18 am UTC| Technology Business
OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027
Jun 10, 2026 23:40 pm UTC| Business Technology
Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks
Jun 10, 2026 03:42 am UTC| Business
Sigma Healthcare (ASX: SIG) shares fell sharply on Wednesday after the Australian pharmacy wholesaler confirmed it had taken part in preliminary discussions regarding a potential acquisition of Boots, one of the United...