In the hallowed halls of Cupertino, a revolution is taking shape. Apple, the world’s most influential smartphone brand, is on the cusp of launching its first foldable iPhone. The supply chain is abuzz with reports that specifications are being finalized for a book-style ‘iPhone Fold’, targeting a dramatic unveiling in…
BHP, a major mining company, has stated that establishing a “green iron” industry in Australia is cost-prohibitive, Reuters said in a report. BHP’s declaration comes after Australia and China reached an agreement this week to collaborate on decarbonising the steel supply chain, which accounts for nearly 10% of global emissions.Geraldine Slattery,…
Shares of Pop Mart International slumped over 6% on Wednesday, even as the Chinese toymaker forecast a surge in first-half earnings. The unexpected drop reflects growing investor caution around the sustainability of the company’s rapid growth, despite soaring demand for its collectible toys like Labubu, which has sparked a global…
European stock markets started Wednesday’s session on a weaker footing, with the regional Stoxx 600 index dipping as investors contended with hotter-than-expected inflation data from both the US and the UK, ongoing concerns about the semiconductor sector, and a profit warning from automaker Renault.About 30 minutes after the opening bell,…
UK financial regulators have imposed a hefty £42 million ($56 million) fine on Barclays Plc for significant failures in identifying and managing financial crime risks related to two of its clients. The Financial Conduct Authority (FCA) detailed the lapses in a statement on Wednesday, highlighting how the banking giant facilitated…
Shares in Renault plunged over 16% on Wednesday after the French carmaker slashed its 2025 financial guidance and named finance chief Duncan Minto as interim chief executive. The sharp decline in investor confidence came as the company blamed a worsening auto market, rising competition, and weaker-than-expected first-half results for the…
US President Donald Trump on Wednesday indicated that his plans to impose high tariffs on the pharmaceutical sector can star to come into effect as early as the end of this month.He also mentioned that a similar tariff timeline is likely to be set for other critical imports like semiconductors.While…
Intellistake Technologies Corp., a technology company focused on decentralized artificial intelligence and blockchain infrastructure, has announced the signing of an exclusive strategic partnership with Singularity Venture Hub (SVH), a premier AI-Web3 venture accelerator. This collaboration will see SVH, which manages over $90 million in digital assets, take the helm of…
Netflix stock price pulled back this month as investors waited for the upcoming earnings. NFLX retreated to a low of $1,260 on Monday, down from the year-to-date high of $1,340. So, how will the stock perform after its closely-watched quarterly earnings?Netflix has won the streaming raceNetflix stock price has surged…
Tilray Brands stock price has triggered a short squeeze this month as it surged to a high of $0.6570, its highest point since April 1, and 90% from its lowest point this year. Its market capitalization has jumped to over $680 million.Tilray Brands stock price jumped despite risksThe TLRY stock…