Traxys Expands to Tashkent and Riyadh to Supply Critical Minerals Commodity trader and financier Traxys has opened an office in Tashkent with about 10 staff and expanded its presence in Riyadh, Saudi Arabia, as part of a global push to service growing demand for critical minerals, founder and CEO Mark Kristoff told Reuters on October … Read more
French aircraft engine manufacturer Safran sees a clear appetite from Britain's Labour government to work more closely with the European Union on industrial policy, following years of post-Brexit tensions, according to comments made by CEO Olivier Andries and reported by Reuters. Industrial Policy Shifts Under Labour Prime Minister Andy Burnham has repeatedly stated that Britain … Read more
Indian Media Giants Challenge Privacy Law Over Investigative Reporting Threats It is changing the whole concept of what is news, Madhavi Goradia Divan, lawyer for the Digital News Publishers Association, told the Supreme Court of India, Reuters reported. Top media publishers in India, including enterprises backed by billionaires Mukesh Ambani and Gautam Adani, have launched … Read more
Meghan Markle Returns to Television as Junior MasterChef Australia Host in 2027 The Duchess of Sussex will star as a host on the next series of Junior MasterChef Australia in 2027, joining Poh Ling Yeow on the Network 10 cooking program, Reuters reported. Production is scheduled to take place in Melbourne early to mid-next year, … Read more
Lab-grown diamond producers in China, which accounts for roughly half of the world’s supply, are shifting focus from jewelry to advanced technology applications such as semiconductors and artificial intelligence server cooling, Reuters reported. Feng Canjun Factory Shifts Focus to High-Tech Materials Feng Canjun operates a factory in Zhengzhou, China, that produces 2 million carats of … Read more
French authorities deployed 70,000 security personnel on Saturday, containing nationwide demonstrations to 410,000 participants as trade unions scheduled a nationwide strike for November 5, Reuters reported. Security Forces Deploy 70,000 Officers to Contain 410,000 Marchers The Interior Ministry confirmed that Saturday’s turnout reached 410,000 protesters nationwide. The massive security deployment helped avert a repeat of … Read more
$22 Billion Valuation Collapses Over Leadership Dispute Between Smith & Nephew and Johnson & Johnson Smith & Nephew approached Johnson & Johnson earlier this year with an offer valuing the U.S. healthcare conglomerate’s hip and knee replacement unit at as much as $22 billion. That figure stood at nearly double the British medical devices firm’s … Read more
Wall Street Indexes Close Lower to End Turbulent Week Wall Street’s main indexes closed lower on Friday, October 23, even as technology shares steadied somewhat to end a turbulent week for the market-driving artificial intelligence trade, Reuters reported. Investors looked ahead to a busy slate of corporate earnings and an upcoming Federal Reserve interest-rate policy … Read more
Two veteran Iranian security officials informed Reuters that Tehran has prepared comprehensive blueprints to strike subsea telecommunications lines in the Gulf should Israel and the United States initiate another military offensive. The warnings follow statements from Iranian leadership indicating that subsea digital infrastructure could become a direct target if diplomacy with Washington collapses amid escalating … Read more
SK Hynix shelved a US initial public offering for its California-based NAND flash memory subsidiary Solidigm, citing financial market volatility and a broad correction in semiconductor stocks, Reuters reported on Friday. The decision halts plans that had previously been evaluated to help fund production facilities and support shareholder returns amid surging artificial intelligence demand, though … Read more