Metal producers within the European Union are urging the bloc to implement export duties or restrictions on scrap metal shipments. This push, expected “in the next few weeks,” aims to counteract a significant rise in exports to the US, a trend attributed to the trade policies of the Trump administration, according to a Reuters report. Due to a 50% tariff ...
Asian markets displayed strength on Tuesday as the sentiment around the Middle East conflict improved after Donald Trump’s ceasefire declaration. US President Donald Trump on Tuesday announced that a ceasefire between Israel and Iran had taken effect, urging both countries not to break the truce. This announcement came as deadly attacks were still being reported in both nations, including Iranian ...
As the dust still settles following the U.S. attack on Iran’s nuclear sites, analysts say the next steps will determine whether the Islamic Republic’s atomic ambitions have truly been crippled. Commenting on the mission, President Donald Trump wrote on Truth Social that: ‘The damage to the Nuclear sites in Iran is said to be ‘monumental.’ The hits were hard and ...
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, ...
Tyrese Haliburton and the Indiana Pacers fell short of their quest for an NBA championship after losing Game 7 of the NBA Finals against the Oklahoma City Thunder. Haliburton did not return to the bench after the injury but did watch the rest of the game in the locker room. The Pacers’ star was seen on crutches after the conclusion ...
Canada’s tech sector saw momentum this week, with announcements spanning venture capital and quantum computing, as well as global policy leadership news out of the G7 summit. Axl on a mission to retain Canadian innovation On Tuesday (June 17), Axl, a newly founded Canadian venture studio, announced plans to help launch 50 artificial intelligence (AI) companies in Canada over the ...
Ripple’s decade-old dream of making XRP a go-to bridge currency has faced criticism from BitGo CEO Mike Belshe. According to Belshe, Ripple’s RLUSD launch is a sign of XRP’s failure. RLUSD Kills XRP’s Bridge-Currency Dream, CEO Says At the American Banker’s Digital Banking 2025 conference, BitGo CEO Mike Belshe asserted that Ripple’s long-held ambition for The post RLUSD Replaces XRP, ...
The UK government has unveiled a sweeping new industrial strategy aimed at revitalising the British economy through targeted investment, innovation, and a more active role for the state in shaping long-term growth. Described as a “modern industrial strategy,” the plan sets out a 10-point “growth mission” centred on strengthening Britain’s global competitiveness, supporting businesses, and delivering secure and sustainable economic ...
Asian markets traded mostly in red on Monday as investors remained on edge after the US struck Iran’s nuclear projects yesterday. President Donald Trump announced that the US had carried out a “successful” bombing of three Iranian nuclear sites, declaring them “obliterated” after a large-scale operation involving warplanes, submarines, and bunker-buster bombs. The Pentagon stated that it would take time ...
With President Donald Trump’s extraordinary decision to attack three of the key/critical Iranian nuclear sites, two questions emerge: First, how will the Iranian populace react to the decision? Second, will this hurt or help the chances for regime change? Of course, we will not get answers to these questions immediately. But I think it’s fair to say that history, in ...
The left-handed pitcher, expected to be a top five pick in the upcoming MLB draft, was completely dominant against Coastal Carolina in Game 1 of the national championship series, tossing a complete-game shutout to end the Chanticleers’ 26-game win streak in the 1-0 win. The complete-game shutout was the first in the College World Series national championship series since 2018. ...
Gold was on the decline this week, closing just below US$3,370 per ounce, after tensions in the Middle East pushed it past the US$3,430 level toward the end of last week. All eyes were on the US Federal Reserve, which in a widely expected move left interest rates unchanged on Wednesday (June 18) following its two day meeting. The central ...