News

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Fri, 09 Jan 2026 21:30:03 GMT

Meta Becomes Biggest Nuclear Power Buyer Among Tech Giants

Meta struck power deals that could top 6 GW, making it the largest nuclear buyer among tech giants as it races to secure energy for AI growth.

Fri, 09 Jan 2026 18:30:04 GMT

Mining Mega-Deals Reshape Industry

Rio Tinto is in early talks to buy Glencore, a move that could create the world's biggest miner, highlighting a wave of mega-deals driven by demand for copper.

Fri, 09 Jan 2026 15:30:06 GMT

GM Scales Back EV Push

GM will take a $6bn writedown after cutting EV investments as demand weakens and U.S. tax credits end, with most costs tied to canceled supplier contracts.

Fri, 09 Jan 2026 12:30:07 GMT

Disney Navigates China Ties

Disney CEO Bob Iger met China's vice premier in Beijing as Disney seeks to expand investment amid US-China tensions and tight limits on Hollywood films.

Fri, 09 Jan 2026 06:30:04 GMT

Trump Proposes Massive U.S. Defense Budget Hike

Trump said the 2027 U.S. military budget should reach $1.5T, far above 2026 levels, lifting defense stocks but raising concerns in Congress.

Fri, 09 Jan 2026 03:30:05 GMT

India Defends Antitrust Law Against Apple

India's antitrust watchdog says its law, calculating fines on global turnover, deters violations; Apple warns it could face $38B in penalties.

Thu, 08 Jan 2026 21:30:05 GMT

Ford to Launch Eyes-Off Driving in 2028

Ford plans to introduce a Level 3 eyes-off driver-assistance system in 2028, debuting on a new EV platform, offered at an extra cost.

Thu, 08 Jan 2026 18:35:04 GMT

US Job Openings Fall to 14-Month Low

US job openings fell to 7.15M in November, hiring weakened, layoffs stayed low, and labor demand cooled as firms face policy and AI uncertainty.

Thu, 08 Jan 2026 18:30:04 GMT

Chevron Seeks Expanded Venezuela Oil License

Chevron is in talks with Washington to expand its Venezuela license, boosting exports, supplying US refineries, and potentially selling crude to other buyers.

Thu, 08 Jan 2026 15:30:10 GMT

Trump Targets Wall Street Homebuyers

Trump threatened to ban Wall Street firms from buying single-family homes to curb prices, rattling landlords and pushing housing stocks lower.

Thu, 08 Jan 2026 12:35:05 GMT

Warner Bros Rejects Paramount Bid

Warner Bros turned down Paramount's $108B bid, calling it risky, and reaffirmed its $82.7B Netflix deal as clearer with fewer financing risks.

Thu, 08 Jan 2026 12:30:12 GMT

China Probes Meta AI Deal

China will assess and investigate Meta's acquisition of AI startup Manus, citing rules on foreign investment, tech exports and data transfers.

Thu, 08 Jan 2026 09:30:09 GMT

AI Fuels Copper Crunch

AI and defense could lift copper demand 50% by 2040 to 42m tons, but supply may fall short by over 10m tons without new mines and recycling.

Thu, 08 Jan 2026 06:30:06 GMT

Nestlé Infant Formula Recall Expands Globally

Nestlé has expanded its infant formula recall to China and Brazil over contamination concerns.

Thu, 08 Jan 2026 03:30:04 GMT

Bayer Sues COVID Vaccine Makers

Bayer sues Pfizer, BioNTech, Moderna, and J&J for allegedly using its mRNA technology patents from the 1980s in COVID vaccines.

Wed, 07 Jan 2026 21:30:05 GMT

Japan Condemns China's Export Ban Amid Rare Earth Tensions

Japan called China's dual-use export ban absolutely unacceptable, warning broader rare earth curbs could hit automakers and key industries.

Wed, 07 Jan 2026 18:30:04 GMT

Australia Inflation Eases, Core Pressures Persist

Australia's November inflation slowed to 3.4%, but sticky core prices keep a February rate hike in play, with markets pricing a 33% chance.

Wed, 07 Jan 2026 15:30:05 GMT

Caterpillar CEO Creed to Become Chairman

Caterpillar said CEO Joe Creed will succeed Jim Umpleby as board chairman on April 1, as Umpleby retires after more than 40 years.

Wed, 07 Jan 2026 12:30:04 GMT

Barclays Invests in Stablecoin Firm Ubyx

Barclays bought a stake in U.S. stablecoin settlement firm Ubyx, marking its first stablecoin investment as it explores regulated digital money.

Wed, 07 Jan 2026 08:30:06 GMT

Meta Delays Global Ray-Ban Glasses Rollout

Meta paused the international launch of its Ray-Ban Display glasses, prioritizing U.S. orders as strong demand and supply constraints stretch waitlists into 2026.

Wed, 07 Jan 2026 08:20:03 GMT

Venezuela, U.S. Agree $2B Oil Export Deal

Venezuela and the U.S. struck a deal to ship up to $2B of oil to American refiners, diverting flows from China and easing pressure on output.

Wed, 07 Jan 2026 03:30:05 GMT

US Factory Sector Slumps

US manufacturing contracts for 10th straight month in December as tariffs and costs weigh; factory jobs decline and new orders fall further.

Tue, 06 Jan 2026 21:30:05 GMT

Tesla UK Sales Drop

Tesla's UK car registrations fell 29% in December to 6,323 units, while BYD surged. UK EV market grows despite Tesla's sales slump.

Tue, 06 Jan 2026 18:30:07 GMT

Memory Chip Stocks Soar Amid Global AI-Driven Shortage

Memory chip stocks surge as AI demand drives a global supply crunch, pushing prices up and fueling a "supercycle" expected to last into 2027.

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