Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
KPMG Australia Chairman and Senior Partners Exit Amid Escalating Whistleblower Scandal 
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test 
Alphabet Replaces Verizon in Dow Jones Industrial Average 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi 
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
European Union lawmakers have backed a trade deal to remove 8 to 12 percent of tariffs on US lobsters in return for halving the US duties on the EU's glassware, ceramics, disposable lighters, and prepared meals.
The committee voted 40 votes to two to back the agreement worth some $200 million annually following Joe Biden’s victory in the US presidential election.
The deal needs approval by the European Parliament and by the European Council, the grouping of EU governments.
EU parliamentary backing had been in doubt due to the US imposition of punitive tariffs on EU steel and aluminum by the administration of President Donald Trump.
According to the chair of parliament’s international trade committee, Bernd Lange, the deal serves as a stepping stone for more constructive transatlantic dialogue as they move forward.
European sales of US producers, notably in the state of Maine, declined after the EU eliminated tariffs on Canadian lobsters.
The deal will level the playing field.
The US lobster industry is also hampered by Chinese tariffs imposed in 2018 and closures of restaurants due to the pandemic.
