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Tue, May 19, 2026 03:19 AM All times are UTC

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Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures

Mar 23, 2026 01:11 am UTC| Business

China Petroleum Chemical Corporation, widely known as Sinopec and listed as Class H shares on the Hong Kong Stock Exchange (HK:0386), reported a significant decline in its 2025 annual earnings. Net profit attributable to...

Volkswagen CEO Urges Germany to Adopt China's Industrial Discipline Amid Major Restructuring

Mar 22, 2026 00:15 am UTC| Business

Volkswagens chief executive Oliver Blume has sparked conversation across the global automotive industry after praising Chinas approach to industrial planning, suggesting Germanys car sector could benefit from adopting a...

Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy

Mar 21, 2026 03:21 am UTC| Business Technology Governance

Palantir Technologies (NASDAQ: PLTR) is drawing renewed investor and industry attention after the U.S. Department of Defense officially designated its Maven Smart System as a program of record, a classification that...

EA's $15B Debt Offering Draws $25B in Investor Demand Amid Credit Market Turmoil

Mar 21, 2026 01:57 am UTC| Economy Business

Investor appetite for large-scale leveraged buyouts remains surprisingly robust, as demand for Electronic Arts (NASDAQ: EA) nearly $15 billion debt package has surged to approximately $25 billion. The offering, led by...

FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores

Mar 21, 2026 01:30 am UTC| Business

Mexican retail and beverage giant FEMSA has announced layoffs within its fintech division, Spin, as the company shifts its strategic priorities back toward its core Oxxo convenience store network. The move signals a...

Tesla FSD EU Approval Delayed to April 10 as RDW Completes Final Review

Mar 21, 2026 01:27 am UTC| Business Governance

Tesla has announced a short delay in its Full Self-Driving (Supervised) approval process in Europe, with the Netherlands vehicle authority RDW now expected to deliver its decision by April 10, 2026 roughly three weeks...

United Airlines Cuts Flights 5% Amid Soaring Fuel Costs From Iran War

Mar 21, 2026 01:25 am UTC| Business

United Airlines announced Friday it will reduce its flight schedule by 5% during the second and third quarters of 2025, responding to a dramatic spike in jet fuel prices triggered by the ongoing conflict in Iran. The...

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Economy

US Stock Futures Steady as Nvidia Earnings and Iran Tensions Keep Investors on Edge

U.S. stock futures traded mostly unchanged late Monday as investors remained cautious following a technology-driven pullback on Wall Street. Market sentiment stayed fragile as traders closely watched escalating tensions...

Oil Prices Drop as Trump Delays Iran Strike, Russia Sanctions Waiver Eases Supply Concerns

Oil prices declined during early Asian trading on Tuesday after U.S. President Donald Trump announced a delay in a planned military strike against Iran, signaling that diplomatic negotiations were still underway. The...

Gold Prices Climb as Trump Delays Iran Strike, Boosting Safe-Haven Demand

Gold prices edged higher during Asian trading on Tuesday after U.S. President Donald Trump announced that a planned military strike against Iran had been postponed while diplomatic negotiations continued. The development...

Australian Consumer Sentiment Improves Slightly as Fuel Prices Ease

Australias consumer sentiment showed a modest recovery in May as lower fuel prices offered temporary relief to households facing ongoing financial pressure. The Westpac-Melbourne Institute Consumer Sentiment Index...

Dollar Slips as Bond Market Stabilizes Amid Iran Tensions and Fed Rate Hike Expectations

The U.S. dollar weakened on Monday as the global bond market sell-off showed signs of slowing, while investors remained cautious over ongoing geopolitical tensions between the United States and Iran. The U.S. Dollar Index,...

Politics

Minnesota ICE Agent Charged in Venezuelan Immigrant Shooting During Trump Immigration Crackdown

Minnesota prosecutors have charged a U.S. Immigration and Customs Enforcement (ICE) agent in connection with the January shooting of a Venezuelan immigrant in Minneapolis during President Donald Trumps intensified...

Pentagon Watchdog Probes U.S. Caribbean Boat Strikes Amid Legality Concerns

The Pentagons internal watchdog has launched an investigation into whether U.S. military boat strikes in the Caribbean complied with official targeting procedures during operations tied to anti-crime and security missions,...

Alex Saab Faces U.S. Money Laundering Charges Over Venezuela Oil and Food Deals

Alex Saab, a Colombian-Venezuelan businessman closely linked to former Venezuelan President Nicolas Maduro, has been charged by the U.S. Department of Justice in a major money laundering case tied to Venezuelan government...

US Sanctions Target Cuban Officials and Intelligence Agency Amid Trump Pressure Campaign

The Trump administration has intensified its crackdown on Cuba by imposing new sanctions on 11 senior Cuban officials and the countrys main intelligence agency, escalating tensions between Washington and Havana. The latest...

Trump Signals Possible Iran Nuclear Deal as U.S. Delays Military Strike

President Donald Trump said there is a very good chance the United States and Iran could reach a new agreement aimed at preventing Tehran from developing a nuclear weapon. His comments came after reports that the U.S....

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave

Alphabets Google and Blackstone are reportedly joining forces to launch a new artificial intelligence cloud company powered by Googles proprietary AI chips, according to a Wall Street Journal report published Monday. The...

OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission

A U.S. jury has ruled that OpenAI is not liable in a lawsuit brought by Elon Musk, marking a major legal victory for the artificial intelligence company. The verdict was delivered Monday in a federal court in Oakland,...

Samsung, Union Edge Closer to Deal as Strike Threat Looms

Samsung Electronics and its South Korean labor union are reportedly making progress in negotiations aimed at preventing what could become the largest strike in the companys history. According to a report from Yonhap...

Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks

Artificial intelligence startup Anthropic is preparing to discuss potential cyber vulnerabilities in the global financial system linked to its latest AI model, Mythos, with members of the Financial Stability Board (FSB),...

TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower

Shares of Vanguard International Semiconductor (TWO:5347) dropped sharply on Monday after Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to reduce its ownership stake in the chipmaker. Vanguard shares...