Britain has announced a reduced budget for offshore wind in its upcoming auction, aiming to stimulate investment in renewable energy. However, government documents released Monday indicated that an analyst believes this move will make it difficult for the country to achieve its clean power objectives, according to a Reuters report.The upcoming…
European markets opened the week on a cautiously optimistic note, closing mostly higher on Monday as investors weighed key geopolitical and corporate developments ahead of major central bank policy decisions. A landmark defense deal between the United Kingdom and Turkey, diplomatic tensions between London and Beijing, and Novartis’ $12 billion…
A busy global news cycle is unfolding across markets, geopolitics, and corporate earnings this morning.Amazon is preparing what could be its largest-ever round of layoffs. Trump met Japan’s new prime minister in Tokyo for high-stakes talks.HSBC reported softer quarterly profits amid a major legal hit, and Asian stocks cooled from…
Methane emissions from the onshore upstream oil and gas sector, detected globally by satellites, showed an increase in late 2024 and early 2025, Rystad Energy said. This marks a reversal of the consistent decline observed since 2020.Analysis from Rystad Energy, corroborated by satellite data, reveals significant regional disparities in emissions.…
President Donald Trump’s high-stakes visit to Tokyo is turning out to be a game-changer for the diplomatic relations between the United States and Japan.Japanese Prime Minister Sanae Takaichi on Tuesday revealed her nomination of Trump for the Nobel Peace Prize while both leaders signed a critical framework agreement on rare…
The man accused of killing former Japanese Prime Minister Shinzo Abe has pleaded guilty to murder, marking a pivotal moment in a case that reignited debate over Japan’s intersection of politics, religion, and public trust. The trial of 45-year-old Tetsuya Yamagami began at the Nara District Court, Bloomberg reports, where…
Foxconn’s board has approved a $1.37 billion investment in an AI compute cluster and supercomputing center, scheduled between December 2025 and December 2026.The development comes as a transformative shift from contract manufacturing into owning critical AI infrastructure.This move marks the latest phase in the Taiwanese contract electronics giant’s pivoting away…
Shares in Swiss drugmaker Novartis were seen down 3.3% in pre-market trade on Tuesday after the company reported third-quarter profitability below market expectations, even as higher sales from key medicines helped offset losses from expiring patents.On the Swiss Exchange, the share price of the drugmaker was down by 3.76%.The Basel-based…
Dow futures traded flat on Tuesday, reflecting cautious optimism among investors ahead of key market events this week, including Federal Reserve interest rate decisions and major tech earnings reports. A wave of optimism continues on Wall Street as investors are expecting a positive outcome from the upcoming meeting between US…
PayPal Holdings (NASDAQ: PYPL) delivered stronger-than-expected third-quarter results and announced a strategic partnership with OpenAI, signaling renewed momentum under CEO Alex Chriss’s turnaround strategy.Shares of PayPal surged over 14% in premarket trading following the announcements. PYPL stock chart by TradingView { “allow_symbol_change”: true, “calendar”: false, “details”: false, “hide_side_toolbar”: true, “hide_top_toolbar”:…