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Japanese authorities stepped up warnings on Monday as the yen weakened toward the key level of 160 against the US dollar, raising the likelihood of direct market intervention. Atsushi Mimura, Japan’s top currency official, said the government is prepared to act if exchange rate volatility continues, as the USD JPY pair traded near 159.60......
Amazon said Monday that its Amazon Web Services cloud region in Bahrain was disrupted by drone activity, marking the second incident affecting the facility since the start of the US-led conflict with Iran earlier this month. The disruption underscores rising risks to digital infrastructure in a region increasingly exposed to military escalation. The......
The closure of the Strait of Hormuz has escalated into one of the most severe energy crises in decades, cutting off around 20 percent of global oil supply and sending shockwaves through food and industrial supply chains. As the conflict between the United States and Iran enters its fourth week, the scale of damage and disruption continues......
Oil markets moved sharply on Monday after conflicting statements from Washington and Tehran raised fresh uncertainty about the ongoing conflict. Prices dropped steeply before recovering part of the losses, as traders reacted to claims of diplomatic progress that were quickly denied by Iranian officials. Brent crude fell by 10.9 percent to......
Bullish bets on Dogecoin have reached their highest levels in months, even as the cryptocurrency’s price declines, creating conditions that analysts say could trigger large-scale liquidations. On March 22, the long to short ratio for Dogecoin futures climbed to 3.29 on OKX and around 2.46 on Binance, indicating that long positions significantly......
TotalEnergies and U.S. authorities announced on Monday a major shift in energy strategy, redirecting nearly $1 billion initially allocated for offshore wind projects to oil and natural gas production in the United States. As part of the agreement, the U.S. government will reimburse TotalEnergies for the amount spent on offshore wind lease......
Pfizer and Valneva said their experimental Lyme disease vaccine achieved more than 70 percent efficacy in a large phase 3 clinical trial, marking a significant step toward the first approved human vaccine for the disease in more than two decades. Results from the VALOR trial showed the vaccine was 73.2 percent effective in preventing confirmed......
XBOW, a Seattle-based cybersecurity startup, has raised $120 million in a Series C funding round and expanded its partnership with Microsoft to embed AI-driven penetration testing into enterprise security workflows. The latest funding, led by DFJ Growth and Northzone with participation from Sofina and Alkeon Capital, brings XBOW’s total......
Kandou AI, a Swiss semiconductor startup pivoting toward artificial intelligence infrastructure, has raised $225 million in a funding round backed by SoftBank, Synopsys, Cadence Design Systems and Alchip Technologies. The Lausanne-based company is now valued at about $400 million, marking a major step in its shift from consumer electronics......
Morgan Stanley has upgraded its ratings on major US liquefied natural gas exporters Cheniere Energy and Venture Global, reversing bearish positions taken weeks earlier as global supply expectations shift בעקבות disruptions in Qatar. Analyst Devin McDermott raised Cheniere to overweight from equal weight and increased its price target......
Grab Holdings has agreed to acquire foodpanda’s delivery business in Taiwan for $600 million in cash, marking the Singapore-based company’s first expansion outside Southeast Asia. The deal will extend Grab’s footprint to a ninth market, adding operations in 21 Taiwanese cities and access to a business that generated about......
Astronomers have reconstructed the full 12 billion year history of a spiral galaxy for the first time, offering new insight into how galaxies form and evolve over cosmic time. The study, led by the Center for Astrophysics Harvard and Smithsonian and published in Nature Astronomy, focuses on the massive barred spiral galaxy NGC 1365. Researchers......
DoorDash has introduced an emergency relief program aimed at supporting delivery drivers in the United States as fuel prices continue to rise sharply. The initiative comes at a time when gig workers are facing increasing operating costs due to higher gasoline prices linked to global energy market disruptions. Under the new program, drivers......
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