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Oracle Stock Surges on Strong AI-Driven Cloud Growth Outlook

Sep 10, 2025 00:57 am UTC| Technology Business

Oracle Corporation (NYSE: ORCL) soared over 22% in afterhours trading Tuesday after delivering a bullish forecast for cloud revenue growth, signaling strong AI-fueled demand despite weaker-than-expected fiscal...

Walmart to Open First Stores in South Africa in 2025

Sep 09, 2025 13:27 pm UTC| Business

Walmart is set to launch its first branded stores in South Africa this year, expanding its global retail presence and intensifying competition with local market leaders. The U.S. retail giant already owns Massmart, which...

Unilever’s Magnum Ice Cream Unit Targets Growth with November Spin-Off

Sep 09, 2025 13:25 pm UTC| Business

Unilevers ice cream division, led by Magnum, is preparing for a mid-November stock market debut as a stand-alone company. The spin-off, which also includes brands like Ben Jerrys, Walls and Cornetto, aims to deliver...

Arm Targets Southeast Asia for AI and Data Center Growth

Sep 09, 2025 06:42 am UTC| Technology Business

British chip designer Arm (NASDAQ:ARM) is expanding its footprint in Southeast Asia as demand for artificial intelligence (AI) and data centers surges across the region. Speaking at the Fortune Brainstorm AI Singapore...

Outokumpu Partners with Boston Metal to Advance Carbon-Free Steel Production

Sep 09, 2025 06:38 am UTC| Business

Finnish stainless steel producer Outokumpu has signed a memorandum of understanding with U.S.-based Boston Metal to accelerate the development of carbon-free metals. The collaboration marks a significant step toward...

ASML Invests €1.3B in Mistral AI, Becomes Top Shareholder

Sep 09, 2025 06:32 am UTC| Business Technology

ASML Holding NV (AS:ASML), the worlds leading supplier of advanced lithography equipment, has announced a 1.3 billion ($1.5 billion) investment in French startup Mistral AI. The deal, part of Mistrals Series C funding...

Novartis to Acquire Tourmaline Bio in $1.4 Billion Deal to Boost Heart Disease Portfolio

Sep 09, 2025 06:23 am UTC| Business Health

Novartis announced it will acquire Tourmaline Bio for $48 per share, valuing the New York-based biopharmaceutical company at approximately $1.4 billion on a fully diluted basis. The Swiss pharmaceutical giant confirmed...

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Economy

Dollar Slips Ahead of Key U.S. Data as Yen Holds Post-Election Gains

The U.S. dollar weakened on Tuesday as investors braced for a heavy slate of economic data that will influence expectations for the Federal Reserves interest rate path. Currency markets remained cautious ahead of upcoming...

Singapore GDP Surges in Q4 2025 as Government Raises 2026 Growth Outlook

Singapores economy delivered a stronger-than-expected performance in the fourth quarter of 2025, reinforcing optimism about the countrys growth momentum heading into 2026. According to official government data released on...

Australian Business Conditions Ease Slightly in January as Cost Pressures Hit Post-Pandemic Lows

Australian business conditions softened slightly in January, according to a closely watched survey by National Australia Bank (NAB), as sales and profitability showed modest declines. Despite the easing, the overall data...

British Retail Sales See Strong Start to 2026 as Food and In-Store Spending Rise

British retailers began 2026 on a positive note, with strong food sales and increased in-store shopping activity helping to lift overall retail performance in January, according to new data from the British Retail...

Trump Threatens to Block Gordie Howe Bridge, Escalating U.S.-Canada Trade Tensions

U.S. President Donald Trump has threatened to prevent the opening of the $4.6 billion Gordie Howe International Bridge linking Detroit, Michigan, and Windsor, Ontario, escalating an already tense trade dispute between the...

Politics

U.S. Appeals Court Allows Trump Administration to End TPS for Honduras, Nepal, Nicaragua Migrants

A U.S. appeals court in California on Monday temporarily lifted a federal judges order that had blocked the Trump administration from ending Temporary Protected Status (TPS) for nearly 89,000 migrants from Honduras, Nepal...

Australian Leaders Call for Calm After Sydney Protests Turn Violent

Australian political leaders have urged calm and called for peaceful demonstrations after protests opposing Israeli President Isaac Herzogs visit to Australia escalated into violent clashes with police in central Sydney....

Bangladesh Secures Reduced 19% U.S. Tariff in Landmark Trade Agreement

Bangladesh has secured a reduced 19% U.S. tariff under a new reciprocal trade agreement signed with the United States, marking a significant development for the countrys export-driven economy, particularly its vital...

UK Condemns Israel’s West Bank Expansion Plans, Urges Immediate Reversal

The United Kingdom has strongly criticised Israels recent decision to expand its control over the occupied West Bank, warning that the move risks violating international law and undermining prospects for peace in the...

Trump Set to Visit Beijing for High-Stakes Talks With Xi Jinping

U.S. President Donald Trump is expected to travel to Beijing during the first week of April for a meeting with Chinese President Xi Jinping, according to a report by Politico citing three people familiar with the plans....

Science

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...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...
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