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Tokyo Gas Sells Eagle Ford Stake to Shizuoka Gas for $130M

Feb 21, 2025 11:32 am UTC| Business

Tokyo Gas, Japans largest city gas supplier, is selling its 25% stake in an Eagle Ford shale gas project in Texas to Shizuoka Gas for $130 million. This move aligns with Tokyo Gass strategy to streamline its asset...

Volkswagen and CATL Expand EV Battery Partnership Amid Growing Competition

Feb 21, 2025 08:12 am UTC| Technology Business

Chinese battery giant Contemporary Amperex Technology (CATL) (SZ:300750) has signed a memorandum of understanding with Volkswagen AG (OTC:VWAGY) (ETR:VOWG), strengthening their collaboration on battery technology and...

Abrdn Nears Asset Management Joint Venture with Citic Bank in China

Feb 21, 2025 08:12 am UTC| Business

Abrdn is in advanced talks with Citic Bank to establish an asset management joint venture in China, according to sources familiar with the matter. The British asset manager aims to expand in the worlds second-largest...

Tesla Eyes Nissan Investment After Failed Honda Merger Talks: Report

Feb 21, 2025 08:12 am UTC| Technology Business

A high-profile Japanese group, including former Prime Minister Yoshihide Suga, is proposing that Tesla (NASDAQ:TSLA) invest in Nissan (OTC:NSANY) following the collapse of its merger discussions with Honda (NYSE:HMC), the...

Alibaba Stock Surges to 3-Year High, Fuels China Tech Rally

Feb 21, 2025 08:12 am UTC| Business Technology

Alibaba Groups Hong Kong shares (HK:9988) soared 11% on Friday, reaching HK$133.90its highest level since early 2022after reporting strong December quarter earnings. The e-commerce giants impressive performance drove a...

Huawei’s Founder Tells Xi Jinping China’s Chip and OS Concerns Are Easing

Feb 21, 2025 08:11 am UTC| Technology Business Politics

Huawei founder Ren Zhengfei told Chinese President Xi Jinping that Chinas concerns over its lack of domestic chips and operating systems have eased, according to Chinese state media. The Peoples Daily reported that Ren,...

Nubank Plans Expansion Amid Strong Q4 Growth but Faces Market Skepticism

Feb 21, 2025 08:11 am UTC| Business

Nubank, one of the worlds fastest-growing digital lenders, is set to expand beyond Brazil, Mexico, and Colombia, with an announcement expected later this year, according to Jorg Friedemann, the companys investor relations...

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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...