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Thu, Apr 02, 2026 01:00 AM All times are UTC

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BP Nears $10 Billion Castrol Stake Sale to Stonepeak

Dec 24, 2025 05:07 am UTC| Business

BP PLC (LON: BP) is reportedly close to finalizing a major deal to sell a majority stake in its Castrol lubricants business to global investment firm Stonepeak, a transaction that could value Castrol at approximately $10...

South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge

Dec 24, 2025 04:52 am UTC| Business Law

A South Korean court has rejected an attempt by major shareholders MBK Partners and YoungPoong to block Korea Zincs plan to issue new shares to fund its massive $7.4 billion U.S. smelter project, a decision that clears a...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

Dec 24, 2025 03:59 am UTC| Business Technology Law

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions

Dec 24, 2025 03:49 am UTC| Business

Alphabet-owned autonomous driving company Waymo announced plans to expand first responder engagement, strengthen emergency response protocols, and deploy software updates that will help its self-driving vehicles navigate...

Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market

Dec 24, 2025 03:42 am UTC| Business Health

Global pharmaceutical leaders Eli Lilly and Novo Nordisk are intensifying competition in Indias rapidly expanding obesity drug market as they race to secure dominance before lower-cost generic alternatives arrive in early...

Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program

Dec 24, 2025 03:28 am UTC| Business

Boeing Defense Systems has secured a major $2.04 billion task order from the U.S. Department of Defense to advance the B-52 Commercial Engine Replacement Program (CERP), reinforcing the long-term modernization of the U.S....

Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown

Dec 23, 2025 03:03 am UTC| Business

Saks Global, the parent company of luxury department store brands including Saks Fifth Avenue and Neiman Marcus, is reportedly considering Chapter 11 bankruptcy as a last-resort option as it faces mounting financial...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms

Japans corporate confidence strengthened for the fourth consecutive quarter through March 2026, reinforcing expectations that the Bank of Japan (BOJ) may raise interest rates as early as this month. However, mounting...

Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

Japans large manufacturers reported improved business sentiment in the three months to March, according to the Bank of Japans closely watched Tankan survey released Wednesday. The headline index for big manufacturers...

South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

South Koreas manufacturing sector delivered a standout performance in March, with factory activity accelerating to its strongest level in over four years. Data from SP Globals Purchasing Managers Index showed a reading of...

Politics

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Trump's NATO Threat Looms as Rutte Plans Washington Visit

NATO Secretary-General Mark Rutte is set to visit Washington next week in what the alliance has described as a long-planned trip, arriving at a particularly tense moment in transatlantic relations. NATO spokesperson...

Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor

Mexican President Claudia Sheinbaum announced Wednesday that Foreign Minister Juan Ramon de la Fuente is stepping down from his position due to ongoing health concerns. Sheinbaum has nominated Roberto Velasco, the current...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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 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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...