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China Leads Global EV Sales Growth Despite EU Tariffs

Mar 12, 2025 03:49 am UTC| Technology Business

China continued to dominate the global electric vehicle (EV) market in February, with sales surging 76% year-on-year, according to Rho Motion. Despite European Union tariffs on China-made EVs, global sales of battery...

Trump Buys Tesla to Back Musk Amid Controversy, TSLA Shares Rebound

Mar 12, 2025 03:49 am UTC| Technology Business Politics

Tesla (NASDAQ: TSLA) shares jumped 4% Tuesday after U.S. President Donald Trump purchased a new Tesla to support CEO Elon Musk. Trump praised Musk for his leadership and cost-cutting efforts under the Department of...

Healthscope Explores Sale Amid De bt Crisis After Securing Lender Relief

Mar 11, 2025 14:24 pm UTC| Business

Healthscope, Australias second-largest private hospital operator, is exploring a potential sale after securing temporary relief from its lenders to address mounting financial challenges. Owned by Brookfield since a $4.4...

Xpeng Eyes Major Investment in Humanoid Robots, Aims for Up to $13.8 Billion

Mar 11, 2025 14:24 pm UTC| Technology Business

Chinese EV maker Xpeng (NYSE:XPEV) is gearing up for a massive investment in humanoid robots, with potential spending reaching 100 billion yuan ($13.8 billion), CEO He Xiaopeng revealed during Chinas annual parliamentary...

Nissan CEO Faces Exit Amid Struggles, Successor Search Underway

Mar 11, 2025 06:50 am UTC| Technology Business

Nissans board will meet Tuesday to discuss replacing CEO Makoto Uchida, under pressure due to the companys declining earnings and failed merger talks with Honda (NYSE:HMC). Sources say Uchidas departure is likely, though...

Trump Backs Musk, Buys Tesla Amid Controversy Over DOGE Cuts

Mar 11, 2025 06:33 am UTC| Politics Technology Business

U.S. President Donald Trump announced on Monday that he will purchase a new Tesla (NASDAQ: TSLA) to show support for CEO Elon Musk. Trump praised Musk for collaborating with his administration, calling out Radical Left...

Woodside’s Louisiana LNG Project Faces Possible Delay as Partner Talks Continue

Mar 11, 2025 03:41 am UTC| Business Economy

Woodside Energy (OTC: WOPEY) may delay its final investment decision (FID) on the Louisiana LNG project to Q2 2025 as negotiations to sell 50% of the project continue, CEO Meg ONeill told Reuters. Initially set for Q1, the...

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Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar

Gold prices declined early Thursday as rising oil prices reignited concerns that inflation could remain persistent, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. The...

Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

Asian stock markets declined sharply on Thursday, led by heavy losses in South Korea, as a broad semiconductor selloff and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Market participants...

Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar

Asian currencies traded in tight ranges on Thursday as a weaker U.S. dollar was balanced by growing investor caution over the escalating Middle East conflict, limiting demand for risk-sensitive regional assets. Market...

Politics

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...