Nippon Steel CEO says US golden share in US Steel won’t limit management freedom
Nippon Steel’s CEO stated on Thursday that the US government’s golden share in US Steel will not impede the Japanese steelmaker from taking any management actions it deems appropriate.Confirming the…
Hang Seng index breaks key support as risk-off mood grips markets: what’s next?
Hong Kong stocks tumbled sharply on Thursday as rising geopolitical tensions in the Middle East and the US Federal Reserve’s cautious stance on interest rates triggered a wave of risk…
How big is the threat to Visa, Mastercard as Senate passes key stablecoin bill?
Investors have piled into crypto stocks in recent sessions after the US Senate passed the GENIUS Act with a decisive 68-30 vote, marking a significant milestone in stablecoin legislation.What the…
European stocks open lower amid Israel-Iran tensions; oil prices rise
European stock markets opened broadly lower on Thursday, with the regional Stoxx 600 index retreating as investors continued to grapple with heightened geopolitical tensions between Israel and Iran and the…
Top FTSE 100 Index shares forecasts: IAG, BT Group, Rolls-Royce
The FTSE 100 Index has pulled back in the past few weeks after a series of weak UK economic data and as geopolitical risks rose. The index, which tracks the…
Red light for Tesla robotaxis? Texas Democrats urge launch halt
A cohort of Democratic lawmakers from Texas has formally requested that Tesla postpone the highly anticipated launch of its robotaxi service in Austin. The legislators are urging the electric vehicle…
BYD stock price forecast as its European market share gains steam
The BYD stock price has pulled back in the past few weeks as investors remain concerned about its margins and profitability. Its Hong Kong shares dropped to H$124 on Thursday,…
Equinor and Gwynt Glas secure leases to power Britain with offshore wind
The Crown Estate announced on Thursday that Equinor and Gwynt Glas have secured seabed leases. These leases will allow them to construct floating wind farms in the Celtic Sea, off…
Asian markets slip as Mideast conflict intensifies; Nikkei dips from 4-month high
Asian markets reacted sharply to the rising tensions in the Middle East as most of the benchmark indices ended the day in red. The investors treaded with caution as the US…
XRP price prediction: analyst eyes another 600% rally, will 7-year pattern repeat?
XRP price is once again in the spotlight after prominent crypto analyst Michael XBT, who accurately forecasted its 600% rally from $0.38 to $3.40 between July 2024 and January 2025,…