
U.S. Tests Reveal Crashes of Anduril’s Altius Drones Amid Rising Scrutiny
Nov 28, 2025 06:49 am UTC| Business
A recent U.S. military test at Floridas Eglin Air Force Base exposed significant issues with Anduril Industries Altius drones after two units crashed during separate flights. According to an Air Force test summary, one...

Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion
Nov 28, 2025 06:34 am UTC| Business Technology
A consortium of major banks is reportedly in advanced discussions to provide an additional $38 billion in financing to support new data center developments by Oracle and data-centre specialist Vantage, according to a...

China Vanke Hit with Fresh S&P Downgrade as Debt Concerns Intensify
Nov 28, 2025 06:07 am UTC| Business Insights & Views
SP Global issued another downgrade on China Vankes credit rating on Thursday evening, deepening worries over the real estate giants financial stability as it struggles to manage mounting debt. The ratings agency cut Vankes...

Vietnam’s Growing Use of Chinese 5G Technology Raises Western Concerns
Nov 28, 2025 05:26 am UTC| Technology Business Politics
Chinas telecom giants Huawei and ZTE have secured several 5G equipment contracts in Vietnam this year, signalling closer ties between Hanoi and Beijing and triggering concern among Western officials, according to multiple...

CME Group Halts Trading Across Major Markets After Data Centre Cooling Failure
Nov 28, 2025 05:03 am UTC| Business
Exchange operator CME Group temporarily halted trading across its major markets on Friday following a cooling system failure at CyrusOne data centres, triggering a widespread outage that froze key global benchmarks. The...

Toyota Reports Strong October on Hybrid Demand Despite Weakness in China, Japan
Nov 27, 2025 07:32 am UTC| Business
Toyota Motor Corp (TYO:7203) continued its steady momentum in October, marking its fifth straight month of production growth as global demand for fuel-efficient vehiclesespecially hybridsremained robust. The worlds largest...

ANTA Sports Explores Potential Takeover of Puma as Interest in German Brand Grows
Nov 27, 2025 03:43 am UTC| Business
Chinese sportswear giant ANTA Sports (HK:2020) is reportedly evaluating a potential takeover bid for German athletic apparel company Puma SE (BS:PUMd), according to a Bloomberg report citing people familiar with the...
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