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Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman.Elke Scholiers | Getty Images News | Getty ImagesShipping traffic is recovering a week after the U.S. and Iran signed a deal to reopen the Strait of Hormuz — but a renewed attack on a cargo ship Thursday threw fresh uncertainty over the fragile passage, halting the United Nations’ evacuation plan and sending some tankers into reverse. In the week following the ceasefire announcement, 125 transits…
Samuel Boivin | Nurphoto | Getty ImagesMicron Technology’s shares tumbled on Friday, paring gains from earlier in the week after reporting blowout earnings. The memory chipmaker declined nearly 5% in premarket trading as other U.S. semiconductor firms also struggled. Intel was last down just over 3%, Sandisk fell 5%, Arm shed 4%, and Marvell declined 3.7%. Investors remain wary of the rising costs of artificial intelligence infrastructure, with the sell-off reverberating across global markets.In Europe, key chip stocks also saw losses. ASML was down 2.2%, Infineon fell 3.7%, ASM International dropped 2.8%, ST Microelectronics lost 3.3%, and Be Semiconductor fell 2%. Japanese conglomerate Softbank led losses in Asia and plunged more than 12%. Tumbling AI…
FlatexDEGIRO shares dip despite fast-tracking 2027 profit goals Source link
The second phase that followed, though, was where things got a little more surprising. Chanut’s team observed that, during the first six months, the majority of oxygen that was getting into the wine wasn’t coming from the outside environment. The oxygen, it turned out, was coming from the cork itself, diffusing out of the microscopic spaces in the cork’s cellular structure. The cork was basically outgassing into the bottle. Three factors contribute to the overall oxygen levels, which change over time. Three factors contribute to the overall oxygen levels, which change over time. Credit: Chanut, et al. This was also…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German financial watchdog BaFin has opened an investigation into Zalando’s 2025 financial accounts, claiming the online retailer may have breached its disclosure rules.The regulator said it had “concrete indications” that Europe’s largest online fashion retailer may have failed to disclose information on a related-party transaction linked to its €1.1bn acquisition of rival About You last year. Zalando, whose shares fell more than 8 per cent in early trading on Friday, said it was co-operating closely with BaFin.Two people familiar with the situation said…
The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue.Brandon Bell | Getty ImagesRestaurant chain Red Lobster’s “Everyday $20 Ultimate Endless Shrimp” offering was described as a “car crash” as creditors of the chain sued former controlling shareholder Thai Union. In a suit filed in Orange County, Fla., in May, the creditors said that Thai Union — a seafood producer with shares traded on Thailand’s stock exchange — knew in 2023 that the chain…
Chinese AI, chip firms are driving an onshore IPO rebound Source link
But the existence of culture in the hominins that preceded (and sometimes overlapped with) us isn’t really such an extraordinary claim anymore. That’s partly thanks to the evidence from other species like Neanderthals and partly thanks to other evidence at Rising Star that suggest that Homo naledi used fire, something that our species and Neanderthals were also doing by this point in prehistory. They even left behind engravings on the rock, which Berger, Hawks, and their colleagues described in a 2023 paper. Those engravings in Rising Star stayed on Berger’s mind for months afterward. “Those symbols weren’t meant for us.…
Jakub Porzycki | Nurphoto | Getty ImagesCryptocurrency exchange Binance has told its customers in the European Union it will stop providing services to them from next week because it will not be licensed to operate in the region. According to a Financial Times report on Friday, the exchange’s application for a bloc-wide license in Greece failed last week. All crypto asset businesses have to obtain a license under the bloc’s Markets in Crypto-Assets Regulation by July 1, or risk penalties. In a response to CNBC, the company said it will pursue an authorization in another EU member state. Citing people…
European stocks open lower on OpenAI delay, Fed hike bets Source link
