Nippon Steel’s blocked US expansion could intensify rivalry with Chinese steelmakers in global markets Nippon Steel’s Failed Bid Sparks Fierce Competition with Chinese Mills Tokyo: So, Nippon Steel’s big plan to expand in the US just hit a wall. They were looking to buy US Steel, but President Biden blocked it. This could shake things…
Gold prices remain stable as traders assess the impact of Trump’s comments on global trade Gold Steady as Trump’s Remarks Create Market Uncertainty Singapore: Gold is holding steady as traders mull over the risks to global trade with the new US administration. President-elect Donald Trump has denied rumors about softening his plans for tariffs. Gold…
Jensen Huang is set to unveil new gaming chips at CES after Nvidia shares hit a record high, showcasing the company’s AI advancements. Nvidia CEO to Speak at CES Following Record High Share Prices San Francisco: So, Jensen Huang, the big guy at Nvidia, is gearing up to kick off CES with a keynote speech.…
Tishman Speyer and Henry Crown are set to refinance the Spiral Tower with a $2.7 billion bond sale, aiming to secure better financing terms. Spiral Tower in Hudson Yards Plans $2.7 Billion Bond Refinancing New York: So, Tishman Speyer and Henry Crown are back in the bond market. They’re looking to refinance the Spiral office…
Samsung’s profit growth is expected to slow due to ongoing supply issues with Nvidia’s AI chips, impacting its Q4 earnings forecast. Samsung’s Q4 Earnings Likely Affected by Nvidia AI Chip Supply Delays Seoul: So, it looks like Samsung is in a bit of a pickle. They’re the top memory chip maker in the world, but…
Sam Altman reveals OpenAI’s ambition to develop superintelligence, aiming for a transformative future in AI technology OpenAI’s Sam Altman Sets Sights on Superintelligence Development San Francisco: OpenAI is gearing up to dive into the world of superintelligence. Sam Altman, the CEO, recently shared that they’re already on the path to creating artificial general intelligence (AGI).…
Timekettle’s new W4 Pro earbuds promise seamless real-time translation during calls in 40 languages, enhancing communication. Timekettle Launches W4 Pro Earbuds with Real-Time Translation Features Las Vegas: So, Timekettle just dropped their new W4 Pro earbuds at CES 2025, and they’re pretty cool. These earbuds are all about making calls easier by translating in real-time.…
Trudeau’s upcoming departure sparks a competitive race for the Liberal leadership Carney and Freeland Top Contenders to Replace Trudeau as PM of Canada Ottawa: So, Justin Trudeau announced he’s stepping down as Canada’s prime minister after nearly a decade in office. It’s a big deal, right? He’s had three election wins and now it’s time…
The AIM market sees a drastic drop in £1bn firms, reaching a nine-year low with only six remaining AIM-pocalypse: Number of £1bn Firms on Junior Market Hits Nine-Year Low London: The AIM market is really struggling right now. It’s hit a record low in 2024, with just six companies valued over £1 billion. That’s the…
First Eagle Investments is set to launch a unique muni fund with limited withdrawals, targeting higher yields in the municipal bond market. First Eagle Aims for Higher Yields with New Limited-Exit Muni Fund New York: First Eagle Investments is gearing up to introduce a new fund that focuses on higher-yielding municipal bonds. The catch? Investors…
