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BHP Weighs Iron Ore and Coal Spin-Off Amid Strategic Pivot to Copper and Potash

Apr 03, 2025 11:01 am UTC| Business

BHP Group (NYSE: BHP), the worlds largest listed miner, considered spinning off its Australian iron ore and coal operations to sharpen its focus on future-facing commodities like copper and potash, according to sources...

Hyundai Rules Out U.S. Price Hike Despite New Tariffs

Apr 03, 2025 11:01 am UTC| Business

Hyundai Motor (OTC:HYMTF) has confirmed it will not raise vehicle prices in the U.S. market, despite the Biden administrations recent announcement of 25% tariffs on imported vehicles and parts. Speaking at a motor show in...

PayPal to Launch Personalized Ads in the UK Starting July

Apr 03, 2025 11:00 am UTC| Business

PayPal (NASDAQ:PYPL) is set to roll out its advertising platform in the United Kingdom this July, marking the next phase of its global expansion strategy. Originally launched in the United States in 2024, the ad platform...

GrabCab Secures Taxi Licence in Singapore, Boosting GRAB’s Mobility Expansion

Apr 03, 2025 11:00 am UTC| Business

Singapores Land Transport Authority (LTA) has granted a Street-Hail Operator Licence to GrabCab, a subsidiary of Grab Holdings (NASDAQ: GRAB), making it the sixth licensed taxi operator in the country. This strategic...

Volvo Car Sales Drop 10% in March as EV Demand Weakens

Apr 03, 2025 11:00 am UTC| Business

Volvo Cars reported a 10% year-over-year decline in global sales for March 2025, delivering 70,737 vehicles as demand for electric vehicles (EVs) continued to slump. The Sweden-based automaker, majority-owned by Chinas...

Folksam Drops Tesla Over Labor Rights Dispute Amid Ongoing Union Strikes

Apr 03, 2025 11:00 am UTC| Business

Swedens largest life insurer, Folksam Group, has fully divested its holdings in Tesla (NASDAQ: TSLA), citing concerns over the electric vehicle makers alleged violations of worker rights. The decision follows what Folksam...

Walmart Pressures Chinese Suppliers to Cut Prices Amid Tariff Impact

Apr 02, 2025 06:43 am UTC| Business

Walmart (NYSE:WMT), the largest U.S. retailer, is reportedly urging Chinese suppliers to slash prices by up to 10% to offset the ongoing cost burden from tariffs imposed during President Donald Trumps administration,...

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Economy

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

Politics

Melania Trump Denies Epstein Ties, Calls for Congressional Hearings

Melania Trump publicly addressed online speculation Thursday, firmly denying any personal or romantic connection to disgraced financier Jeffrey Epstein and clarifying that she is not among his victims. Speaking from the...

Pentagon Defies Court Order on Press Access, Judge Rules

A federal judge in Washington has ruled that the Pentagon is defying a court order that required it to restore press badge access for credentialed journalists covering the U.S. military headquarters. U.S. District Judge...

Netanyahu Seeks Lebanon Peace Talks Amid Ceasefire Fragility and Strait of Hormuz Crisis

Israeli Prime Minister Benjamin Netanyahu has announced plans to initiate direct peace negotiations with Beirut, just one day after devastating Israeli airstrikes killed over 300 people in Lebanon strikes that have now...

Trump Warns Iran Over Strait of Hormuz Toll Fees Amid Fragile Ceasefire

President Donald Trump issued a stern warning to Iran on Thursday, demanding that the country stop charging fees to tankers navigating the Strait of Hormuz. The warning came amid a delicate ceasefire following weeks of...

RFK Jr. Expands CDC Vaccine Advisory Panel's Scope Amid Legal Battles

U.S. Health Secretary Robert F. Kennedy Jr. has signed a new charter for the CDCs Advisory Committee on Immunization Practices (ACIP), broadening the panels focus to include vaccine risks and alleged gaps in vaccine safety...

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

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

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...