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Adani Group Eyes U.S. Expansion with Major Infrastructure Investments

Mar 02, 2025 05:35 am UTC| Business

Indias Adani Group is reportedly reviving its investment plans in the U.S., targeting key sectors such as nuclear power, utilities, and an East Coast port, according to the Financial Times. The conglomerate, led by...

Bank of America Sees US Economy Strengthened by Productivity Growth

Mar 02, 2025 05:32 am UTC| Business

Bank of America (BofA) sees structural resilience in the US economy, driven by sustained labor productivity growth. The bank attributes this to increased business formation, deregulation, and capital deepening. Since 2019,...

U.S. Tariffs on PCs Could Drive Prices Up and Disrupt Supply Chains

Mar 02, 2025 05:32 am UTC| Technology Business

Proposed U.S. tariffs of 10-25% on imported PCs and components could significantly impact manufacturers like Dell (NYSE:DELL), HP (NYSE:HPQ), and Apple (NASDAQ:AAPL), according to Bank of America (BofA). These tariffs may...

Iraq Invites Oil Firms for Key Talks Amid Kurdistan Export Standoff

Mar 02, 2025 05:31 am UTC| Business

Iraqs Ministry of Oil has invited foreign companies operating under the Association of the Petroleum Industry of Kurdistan (APIKUR) and firms contracted by the Kurdistan Regional Government (KRG) to a crucial meeting in...

Russia’s Central Bank to Assess Lending Trends by April Amid Credit Slowdown

Mar 02, 2025 05:31 am UTC| Central Banks Business

Kirill Tremasov, an advisor to the governor of Russias central bank, stated that the bank will have a clearer view of lending trends by its April meeting. For now, he noted, it is too early to draw conclusions. Despite a...

Volkswagen Recalls Over 60,000 Vehicles in the U.S. Due to Gear Display Issue

Mar 02, 2025 05:31 am UTC| Business Technology

Volkswagen is recalling 60,490 vehicles in the U.S. over a safety issue that could increase the risk of a rollaway if the parking brake is not engaged. According to the National Highway Traffic Safety Administration...

Vietnam Eyes Starlink Expansion, Boeing Deals to Address U.S. Trade Surplus

Mar 02, 2025 05:30 am UTC| Technology Politics Business

Vietnam Eyes Starlink Expansion, Boeing Deals to Address U.S. Trade Surplus Vietnams Prime Minister Pham Minh Chinh announced plans to fast-track a license for Elon Musks Starlink to provide satellite internet under a...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...