US stocks edged higher on Friday as market sentiment improved following President Donald Trump’s comments suggesting progress on multiple trade agreements and a possible reduction in tariffs on Chinese goods ahead of key talks this weekend. The Dow Jones Industrial Average rose 111 points, or 0.3%, while the S&P 500 gained 0.4% and the Nasdaq […]
The intensifying tensions between nuclear powers India and Pakistan pose a significant risk of widespread and severe humanitarian consequences for the region. Escalating tensions highlight the critical need for emergency preparedness in the energy sector. A protracted conflict would significantly threaten both nations’ capacity to satisfy their energy demands, according to Rystad Energy. The Indian […]
Indian equity markets opened sharply lower on Friday, weighed down by investor concerns following a series of drone and missile attacks launched by Pakistan on the evening of May 8. The benchmark BSE Sensex fell 765.80 points or 0.95% to 79,569.01, while the NSE Nifty50 Index dropped 245.20 points or 1.01% to 24,028.60 by 10:45 […]
European stock markets are poised for a positive opening on Friday, buoyed by recent confirmations of a US-UK trade agreement and growing anticipation surrounding crucial trade negotiations between the United States and China scheduled to commence this weekend. Investor focus will also be firmly on corporate earnings, particularly from the banking sector, and fresh trade […]
Asian-Pacific financial markets presented a fragmented picture on Friday as investors grappled with strong Chinese trade data that paradoxically failed to dispel underlying anxieties about the ongoing tariff conflict with the United States. While some regional bourses advanced, buoyed by positive cues from Wall Street, others remained subdued, reflecting caution ahead of crucial trade negotiations […]
In a surprising development for the crypto space, Pi Network has surged to the 6th spot on Finland’s top free social apps chart—beating legacy platforms in a country known for high tech literacy and cautious digital adoption. Mr Spock 𝛑 @MrSpockApe ·Follow Title: Pi Network Ranks Among Social Giants in Finland – A New Era […]
International Airlines Group, the owner of British Airways, has placed a landmark order for 32 long-haul jets from Boeing worth nearly $13bn (£9.8bn), a day after a trade agreement between the UK and US led to the scrapping of tariffs on jet engines. The announcement, made on Friday, comes just a day after the United […]
To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed leases. The Capacity Increase Programme aims to add 4.7 gigawatts of capacity through seven projects, according to a Reuters report. These include RWE’s Rampion 2 […]
CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further investment, just weeks after a subdued public market debut, the Financial Times reported. The New Jersey-headquartered company is working with JPMorgan on a roadshow this […]
Panasonic will lay off 10,000 employees in 2025, targeting 5,000 jobs in Japan and another 5,000 overseas. The Osaka-based group, which employs nearly 230,000 people globally, is restructuring its operations after reporting a 17.5% drop in net profit to ¥366 billion for the year ended March 31. The company expects profit to fall another 15% […]