Key Points: Headline inflation increased by 1.1% in the March quarter and reached 4.6% over the past 12 months. Petrol prices jumped 32.8% in March alone, pushing transportation costs up 9.2% in just 30 days. Financial markets predict an 80%...
Key Points: Woodside reported a 7% jump in operating revenue to hit $3.26 billion in the March quarter. The average price for the company's oil and gas climbed 11% to reach $63 per barrel. Severe tropical cyclone Narelle hit Western Australia, forcing an 8% drop in overall production. The conflict between the United States and...
Key Points: TSMC sold its final 1.11 million shares in Arm Holdings for a total of $231 million in cash. The chipmaker finalized the stock sale between April 28 and April 29 at $207.65 per share. TSMC originally invested $100 million in Arm's initial public offering in 2023 at $51 per share. Arm shares fell...
Key Points: Goldman Sachs recently removed access to Anthropic's Claude artificial intelligence for its bankers stationed in Hong Kong. The Wall Street bank made this strict decision after a close review of its service contract with the technology startup. Despite the ban on Claude, Hong Kong employees can still access other popular AI models, such...
Key Points: President Donald Trump ordered aides to extend the United States naval blockade on Iranian ports indefinitely. Brent crude...
Key Points: Bitcoin prices dropped below $77,000 following a failed attempt to hold gains above $79,000 earlier in the week....
Key Points: Brazil's antitrust regulator, CADE, launched an official investigation into the airlines LATAM and Gol for potential price collusion....
Key Points: Honda pushed back the launch of its advanced artificial-intelligence self-driving system by one year to 2028. The automaker...
Key Points: Amazon unveiled a new hiring tool called Connect Talent that uses artificial intelligence to conduct automated job interviews...
Key Points: NXP Semiconductors predicts second-quarter revenue will reach up to $3.55 billion, beating earlier Wall Street estimates. The company's...
Key Points: Airlines face over $6 billion in additional costs this year because the conflict in Iran forced the Strait...
Key Points: Soybean oil prices reached their highest level in over three years due to rising crude oil prices. North...
Key Points: Elon Musk is suing OpenAI and its leaders for $150 billion, claiming they illegally transformed a charity into...
Key Points: A fresh Wall Street Journal report claims OpenAI missed its goal of 1 billion weekly active users, sparking...
Key Points: The European Parliament voted to demand a 10% increase, adding nearly 200 billion euros to the next long-term...
Key Points: OpenAI and Amazon Web Services partnered up to bring advanced artificial intelligence directly into Amazon cloud environments. Amazon...
Key Points: Italy might extend its fuel tax cuts beyond May 1 to help families and businesses cope with soaring...
Key Points: Gold and silver futures dropped significantly on Tuesday, losing roughly 2% and 2.5% of their respective market value....
Key Points: More than 70 House Democrats urged President Donald Trump to block Chinese automakers from the United States. Representatives...
Key Points: FedEx and UPS plan to return all tariff refunds directly to their customers following a major Supreme Court...
Key Points: The Conference Board reported its consumer confidence index rose to 92.8 in April. A temporary ceasefire in the...
Key Points: OpenAI missed its 1-billion-user goal, dragging down major tech and cloud computing stocks. President Donald Trump claimed Iran...
Key Points: Financial firms currently adopt artificial intelligence technology at more than twice the rate of government regulators. Only 24...
Key Points: Amazon will share its first-quarter earnings this Wednesday alongside massive tech rivals like Google and Microsoft. The company...
Key Points: Energy prices will jump 24% this year due to the ongoing war in the Middle East. Brent crude...
Key Points: General Motors reported an adjusted first-quarter earnings of $3.70 per share, completely crushing the expected $2.62. The automaker...
Key Points: T-Mobile introduced SuperBroadband, a new business internet service combining 5G networks with Starlink satellite backup. The service specifically...
Key Points: The United Arab Emirates will officially leave the OPEC and OPEC+ oil cartels on May 1. Abu Dhabi...
Key Points: King Charles will deliver a 20-minute speech to Congress on Tuesday to mend the special relationship. Tensions flared...
Key Points: Major industrial businesses in China grew their total profits by 15.5% to reach 1.696 trillion yuan in the...
Key Points: A severe El Niño weather pattern will trigger extreme heatwaves in Asia and cooler summers in North America...
Key Points: Organizers ask Australians to withdraw money today to protest the push toward a cashless society. The movement hopes...
Key Points: CSSC Engine delivered China's first ammonia-fueled marine engine by partnering with over 130 international companies. The Chinese manufacturing...
Key Points: Critical Metals agreed to purchase European Lithium for $835 million in an all-stock transaction. The acquisition gives the...
Key Points: Foreign car companies warned the Trump administration that they might stop selling affordable vehicles in the United States....
Key Points: Brent crude stayed near $108 a barrel after jumping 2.8% as traders watched the latest peace negotiations. The...
