Friday 03 - 14:50
Tether, the issuer of the world's largest stablecoin USDT, is pressing investors to commit to a funding round at a $500 billion valuation within the next two weeks, according to a report from The Information published on Wednesday. The move marks a last-ditch effort to close a deal that has been scaled back repeatedly since it was first......
Coinbase CEO Brian Armstrong announced this week that he will personally oversee a new industry initiative to protect Bitcoin against quantum computing threats, committing $150 million to a "Quantum Defense Fund" that will award grants to developers working on integrating post-quantum cryptography into the Bitcoin protocol. The......
Erste Group Bank downgraded Toyota Motor from "buy" to "hold" on Thursday, citing near-term growth headwinds as the Japanese automaker contends with weakening U.S. sales and the sustained impact of tariffs on its profitability. Analyst Hans Engel pointed to a slowdown in revenue projections for the new fiscal year, which......
Shares in Arm Holdings fell sharply on Thursday, dropping approximately 5.5 percent from the previous session's close, even as the chip designer was riding a wave of high-profile announcements that had fueled a strong run in recent weeks. The pullback, which brought the stock to around $146 during the April 2 trading session, came as investors......
Iranian drones struck the Mina al-Ahmadi oil refinery in Kuwait on Friday morning, igniting fires across multiple operational units in the latest attack on Gulf energy infrastructure since the U.S.-Israeli air campaign against Iran began in late February. Kuwait Petroleum Corporation told the official KUNA news agency that the 346,000-barrel-per-day......
Aba Technology unveiled a new artificial intelligence platform designed to support Morocco’s push for technological sovereignty and industrial growth, according to a company statement issued in Rabat on April 2 . The launch event took place at the Four Seasons Hotel in Rabat under the supervision of the Ministry of Industry and Trade......
Tesla recorded record sales in South Korea and strong growth in Australia during March, closing out a first quarter driven by the refreshed Model Y and a global oil crisis that is pushing consumers toward electric vehicles at an accelerating pace. Tesla delivered 11,130 vehicles to South Korean customers in March, a result described as a......
Corporate earnings for companies in the STOXX 600 index are forecast to grow 4 percent in the first quarter of 2026, marking a rebound after a decline in the final quarter of last year, according to LSEG I/B/E/S data cited by Reuters on Thursday. The turnaround is driven primarily by a surge in the energy sector, where crude oil prices inflated......
Japanese Finance Minister Satsuki Katayama intensified warnings to currency speculators on Friday as the yen traded near the critical level of 160 per dollar, a threshold widely regarded as a trigger for government intervention. The warning came hours after President Donald Trump's televised address to the nation on Wednesday evening,......
Anthropic's interpretability team published research on Wednesday revealing that its Claude Sonnet 4.5 model contains 171 distinct internal representations that function analogously to human emotions — and that these patterns do not merely correlate with model outputs but causally influence its decisions, including triggering unethical......
The Maltese-flagged container ship Safeen Prestige has sunk in the Strait of Hormuz, nearly a month after being struck by a projectile and abandoned by its crew, according to a maritime traffic advisory issued by regional operators on April 1. The vessel went down approximately 6.5 nautical miles northeast of Ras Mahrouk, with an oil slick......
A billionaire aviation executive based in Dubai has warned that airlines around the world could begin filing for bankruptcy within weeks if the war in Iran continues to drive jet fuel prices higher, even as the shipping industry posts record profits fueled by the same geopolitical upheaval. Gediminas Ziemelis, chairman of Avia Solutions Group,......
A cache of more than 700 fossils unearthed in southwestern China has shown that complex animal life was already diversifying millions of years before the celebrated Cambrian explosion, according to a study published Thursday in the journal Science. The discovery, from a site known as the Jiangchuan biota in Yunnan province, includes specimens......
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First 100 days of the second Donald Trump presidency
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