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…
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…
Asian markets traded mostly lower on Wednesday as investors dialed back expectations for imminent Federal Reserve rate cuts after mixed US inflation data.The cautious sentiment was also backed by the trade deal US President Donald Trump announced with Indonesia.As per the agreement, the exporters from Indonesia will face 19% tariffs…
Dow Futures pointed to a mixed open on Wednesday, with investors waiting on key earnings reports from major banks and fresh data on wholesale inflation.Futures tied to the Dow Jones Industrial Average inched up 17 points, while those for the S&P 500 slipped 0.1%. Nasdaq-100 futures were also down, falling…
Big changes are underway at Diageo, the global drinks giant known for Guinness and Johnnie Walker. CEO Debra Crew has stepped down after a rocky run that began in June 2023. Her tenure saw a sharp drop in the company’s market value and a handful of costly missteps. Taking her…
Estée Lauder is embarking on a major digital transformation as it tries to regain lost ground in the global beauty market, following years of stagnating sales and shifting consumer preferences.Under new CEO Stéphane de La Faverie, the company is embracing artificial intelligence and a revamped omnichannel strategy to reach a…
Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the cornerstone of America’s tech advantage. But they have been partially rolled back by the Trump administration.Nvidia’s H20 and AMD’s MI308 will soon be legally shipped to Chinese buyers…
Tungsten-focused Almonty Industries (TSX:AII,ASX:AII,NASDAQ:ALM) saw its shares rise on Monday (July 14) in its first day of trading on the Nasdaq, buoyed by a US$90 million public offering. The company’s share price climbed roughly 7 percent under its new “ALM’ ticker symbol, opening at US$4.50; Almonty was trading at US$4.80…
Via IBN IBN a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The MiningNewsWire Podcast…
Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’ or the ‘Company’) is pleased to announce that its earn-in option partner, UraEx Resources Inc. (‘UraEx’), has commenced an inaugural 2,600-metre diamond drilling program at the South Dufferin Uranium Project (‘South Dufferin’ or the ‘Property’) located…