Lynas Rare Earths, an Australian company, announced on Thursday a 66% increase in its first-quarter revenue compared to the previous year. Despite this growth, the results did not meet market expectations. However, the company noted robust demand for its strategic metals from both current and new customers.Governments globally, excluding dominant rare…

The Bank of Japan (BOJ) on Thursday kept its benchmark interest rate unchanged at 0.5% during its first monetary policy meeting since Prime Minister Sanae Takaichi took office earlier this month. The move was widely expected by economists polled by Reuters, who had forecast a cautious stance amid persistent inflationary…

Starbucks reported on Wednesday that its global same-store sales grew for the first time in nearly two years, a crucial milestone suggesting the coffee giant’s ambitious turnaround strategy is beginning to resonate with customers.The positive sales figures, which beat Wall Street expectations, were driven by strong performance in international markets…

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, driven by a rebound in oil production and strong state investment in non-oil industries. Bloomberg states that the latest data show that the kingdom’s growth momentum is returning just as its Vision 2030 projects demand…

European markets opened with a sense of caution on Thursday, as investors braced for a packed day of major corporate earnings, critical economic data, and a monetary policy decision from the European Central Bank.Futures data from IG pointed to a mixed and hesitant start to the session, with the UK’s…

Climate change poses a severe threat to Iraq’s ancient southern cities, leading to the erosion of thousands of years of history. Iraqi officials are raising concerns, highlighting the urgent need to protect these monuments that represent the cradle of civilization from disappearing, according to a Reuters report.Harsh, dry weather conditions are…

From Lutyens’ Delhi, where owning a home means rubbing shoulders with the country’s political and industrial elite, to Mumbai’s Bandra, whose celebrity neighbourhood and seaside charm make it one of India’s most coveted postcodes, the country’s luxury real estate market is witnessing a sharp surge in demand.This boom is being…

Shares of Chipotle Mexican Grill fell 18.5% to $32.4 in premarket trading on Thursday after the US restaurant chain lowered its annual sales forecast for the third time this year, pointing to continued weakness in consumer spending that could extend into early 2026.The burrito chain’s management cited pressure across both…

E-commerce giant Amazon is set to report its third-quarter 2025 earnings later today, and investors and analysts will be closely watching for signs of acceleration in its cloud-computing division, Amazon Web Services (AWS).The company’s shares have risen only about 4% this year, far behind its Magnificent 7 peers, and analysts…