Author: franperez66q@protonmail.com
08 September 2025, Bavaria, Munich: Stella Li, Vice President of the car manufacturer BYD, speaks during a presentation by the manufacturer BYD at the press day of the International Motor Show IAA (IAA Mobility, International Motor Show) at the company’s stand in a hall of Messe München (Bavaria, Germany) on September 8, 2025.Picture Alliance | Picture Alliance | Getty ImagesAt a time when electric vehicle sales growth in China has been slowing, BYD expects the country’s EV market to expand — quite in contrast to smaller rival Nio that recently said the industry’s “golden era” was over.”With all the innovation…
Investing.com — shares rose nearly 2% on Tuesday after Reuters reported that Swiss lawmakers are considering reducing proposed capital requirements for the bank, potentially cutting billions of dollars from its expected regulatory burden. The stock gained after Reuters reported that parliamentarians were weighing a requirement for UBS to back its foreign subsidiaries with 70% to 80% of Common Equity Tier 1 (CET1) capital, compared with the government’s proposed 100%. Under draft legislation submitted to parliament in April, UBS would need to raise about $20 billion in additional CET1 capital if a full 100% backing requirement were adopted. Analysts cited in…
Corning stock surged Monday after the company inked a major data center deal with Amazon — the latest in a string of high-profile wins for the Club holding. Amazon said it will pay Corning billions of dollars for optical fiber in the coming years to support its growing data center footprint. The investment will allow Corning to expand production and create 1,000 new jobs at its North Carolina manufacturing facilities. Corning opened up 8.4% on the news. The stock settled down a bit, but still closed up more than 5%. Investors cheered the boost to Corning’s biggest reporting segment, optical…
President Donald Trump attends Game Three of the NBA Finals between the San Antonio Spurs and the New York Knicks at Madison Square Garden in New York on June 8, 2026.Saul Loeb | Afp | Getty ImagesU.S. President Donald Trump said on Tuesday that a deal to end the war in Iran could be reached in “two or three days,” and that the critical Strait of Hormuz would reopen “immediately” after such a deal. Speaking to reporters after attending the NBA Finals in New York, Trump said that the two parties are in the final stages of a “very, very good…
The highly anticipated SpaceX mega-IPO is part of a space frenzy that is moving beyond satellite connectivity, launch vehicles, and aerospace defense to the pharmaceutical sector. A growing number of companies are heading to lower Earth orbit to make medicines in zero gravity.The range of commercial opportunities is expanding as foundational aerospace industries set the necessary infrastructure. Morgan Stanley predicts the space economy could surpass $1 trillion by 2040, and while industries from semiconductors to fiber-optic cables stand to benefit, medicine could see the most immediate disruption.Last year, space and defense technology company Redwire formed a dedicated subsidiary, SpaceMD, to…
Japan stocks higher at close of trade; Nikkei 225 up 1.92% Source link
Meta’s contempt-of-court filing was not yet available today. We contacted NSO Group and will update this article if it provides a comment. Meta: NSO is malicious, “continues to defy US courts” WhatsApp filed its case against NSO in 2019, alleging that NSO used WhatsApp to send malware to about 1,400 mobile phones and devices for the purpose of surveilling the devices’ users. “The evidence showed that defendants reverse-engineered WhatsApp’s code to create a modified version of the WhatsApp client application, which they then used to install their software on target users’ devices via WhatsApp’s servers,” US District Judge Phyllis Hamilton…
Investors may need to rethink the most basic principles of portfolio management as artificial intelligence, geopolitical tensions and other structural shifts reshape markets, according to the BlackRock Investment Institute. The asset manager argued that traditional portfolio construction methods are becoming less effective in an investment environment increasingly driven by what it calls “mega forces” — long-term changes ranging from AI and demographic shifts to geopolitical fragmentation and the energy transition. “We think this means investors should revisit big portfolio calls more often and have an explicit plan B portfolio ready,” BII strategists led by Jean Boivin said. Among its highest-conviction…
Apple on Monday revealed what it’s been working on in artificial intelligence at its annual Worldwide Developers Conference in Cupertino, Calif. WWDC showed off demos of its redesigned Siri, which can speak back and forth with the user, a major improvement over previous versions of the assistant. In a demo, Siri was able to check concert dates, set a reminder to buy tickets, and even get directions to pick up a friend on the way to the concert venue.But the announcement also highlighted that Apple has taken a different strategy to many of its Silicon Valley rivals, choosing not to…
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesIraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day…