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Tue, Feb 10, 2026 03:03 PM All times are UTC

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Southeast Asia’s Budget Airlines Ramp Up Expansion Amid Rising Costs

Jun 19, 2025 02:01 am UTC| Business

Southeast Asias top low-cost airlines are aggressively expanding capacity despite rising operational costs and thin profit margins. Airlines like AirAsia, VietJet, and Cebu Pacific are racing to dominate a rapidly growing...

Nippon Steel Closes $14.9B U.S. Steel Deal with Trump-Backed Golden Share

Jun 19, 2025 01:55 am UTC| Business Politics

Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel, buying all shares at $55 each in a landmark deal supported by President Donald Trump. The Japanese steelmakers 18-month effort to secure U.S....

NTSB Urges Action on Boeing 737 MAX Engine Smoke Risk After Bird Strikes

Jun 19, 2025 01:18 am UTC| Business Governance

The U.S. National Transportation Safety Board (NTSB) has issued an urgent safety recommendation for Boeing (NYSE:BA) 737 MAX aircraft equipped with CFM International LEAP-1B engines, warning of the potential for smoke to...

Rio Tinto Settles Oyu Tolgoi Investor Lawsuit for $138.75 Million

Jun 19, 2025 00:59 am UTC| Business Law

Rio Tinto (NYSE:RIO) has agreed to pay $138.75 million to settle a class-action lawsuit alleging it misled investors about delays and cost overruns in the $7 billion underground expansion of the Oyu Tolgoi copper-gold mine...

Ternium Urges USMCA Rule Changes Amid Steel Tariff Disputes

Jun 19, 2025 00:57 am UTC| Business

Ternium, a major steelmaker with significant operations in Mexico, is pushing for tougher trade terms under the U.S.-Mexico-Canada Agreement (USMCA) ahead of its scheduled review. Despite ongoing headwinds from steep U.S....

Apple Eyes Generative AI for Custom Chip Design, Says Exec

Jun 19, 2025 00:47 am UTC| Technology Business

Apple Inc. (NASDAQ:AAPL) is exploring the use of generative artificial intelligence (Gen AI) to enhance the design of its custom silicon chips, according to a recent Reuters report. Johny Srouji, Apples senior vice...

Meta Eyes $1B AI Fund Deal to Boost Artificial General Intelligence Ambitions

Jun 19, 2025 00:46 am UTC| Technology Business

Meta Platforms (NASDAQ:META) is reportedly in advanced talks to acquire a partial stake in a prominent artificial intelligence venture fund managed by Nat Friedman and Daniel Gross, according to The Information. The...

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Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Trump Administration Moves to Repeal EPA Climate Endangerment Finding

The administration of U.S. President Donald Trump is reportedly preparing to repeal a key Obama-era scientific determination that has long served as the legal foundation for federal regulation of greenhouse-gas emissions....

U.S. Issues New Shipping Guidance for Strait of Hormuz Amid Rising Iran Tensions

The United States has issued new guidance for commercial vessels navigating the Strait of Hormuz, one of the worlds most critical maritime chokepoints for global oil and gas shipments, as tensions persist between...

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

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...

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

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

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....