Saturday, April 11

Business

Trump readies tariff cuts on beef, bananas to help slash US grocery bills
Business

Trump readies tariff cuts on beef, bananas to help slash US grocery bills

President Trump is readying some substantial tariff cuts in a bid to address voter concerns over the rising cost of goods. Trump is hoping to ease high prices on coffee, bananas and other foods. The tariff cuts will come with a series of new trade deals, which will include framework agreements with Argentina, Guatemala, El Salvador and Ecuador. In addition, Trump has previewed broader tariff exemptions that could cut levies on popular food products across the board. "Coffee, we're going to lower some tariffs," Trump told Fox News host Laura Ingraham in an interview. The push to reduce food prices comes after electoral wins for Democrats last week across a number of key state and local races where candidates stressed affordability concerns. The trade deals unveiled on Thursday with...
OMS Energy Technologies Inc. to Announce First Half Fiscal Year 2026 Financial Results on Friday, November 21, 2025
Business

OMS Energy Technologies Inc. to Announce First Half Fiscal Year 2026 Financial Results on Friday, November 21, 2025

OMS Energy Technologies Inc. Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 21, 2025 SINGAPORE, Nov. 14, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced that it will report its unaudited financial results for the fiscal first half ended September 30, 2025, on Friday, November 21, 2025, before the U.S. market opens. The Company’s management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 21, 2025, or 8:00 P.M. Singapore Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online reg...
MoonFox Data Launches New Financial Alternative Data Solution to Empower Investment Decisions Across Multiple Scenarios
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MoonFox Data Launches New Financial Alternative Data Solution to Empower Investment Decisions Across Multiple Scenarios

MoonFox Data SHENZHEN, China, Nov. 14, 2025 (GLOBE NEWSWIRE) -- MoonFox Data, a subsidiary of Nasdaq-listed Aurora Mobile (NASDAQ: JG), has officially launched its Financial Alternative Data Solution. Designed to address the core challenges faced by investment institutions in corporate analysis and industry evaluation, MoonFox Data delivers real-time, precise data support to enhance the efficiency and accuracy of investment decision-making. Addressing Four Core Investment Analysis Pain Points Investment institutions often struggle with delayed and incomplete data during research and decision-making processes. MoonFox Financial Alternative Data provides targeted solutions to these industry challenges, including: Pain Point Type Real-World Institutional Challenge Application S...
2 AI Stocks to Buy Now, According to Wall Street
Business

2 AI Stocks to Buy Now, According to Wall Street

The Nasdaq Composite recently entered a new bull market, and the index has returned 31% annually during bull markets since 1990. Meta Platforms is using artificial intelligence to improve engagement and ad conversions across its social media properties, and the stock is currently 24% below its high. Alphabet's Google is a recognized leader in artificial intelligence infrastructure and large language models, which should drive market share gains in cloud computing. 10 stocks we like better than Meta Platforms › The Nasdaq Composite (NASDAQINDEX: ^IXIC) recently entered a new bull market after crashing when President Trump began imposing tariffs earlier this year. Since 1990, the growth-focused index has been through six other bull markets, and it returned an average of 31% annuall...
Ivanhoe Electric receives $200m in financing for Santa Cruz copper project
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Ivanhoe Electric receives $200m in financing for Santa Cruz copper project

Ivanhoe Electric has received credit approval for a $200m senior secured multi-draw bridge facility, marking a key step in financing the Santa Cruz copper project in Arizona, US. The facility, approved for Ivanhoe Electric subsidiary Mesa Cobre Holding, will provide enhanced liquidity to support early construction activities and working capital requirements at the Santa Cruz copper project. The banking syndicate consists of National Bank Capital Markets, Société Générale and BMO Capital Markets, serving as joint lead arrangers. The bridge facility forms a key part of Ivanhoe Electric’s comprehensive project financing strategy, which also includes potential project-level minority investment and long-term project debt. The bridge facility is expected to close in December 2025,...
Africa’s best transaction bank for financial institutions 2025: Standard Chartered
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Africa’s best transaction bank for financial institutions 2025: Standard Chartered

Standard Chartered has built one of Africa’s most connected and digitally advanced franchises serving financial institutions (FIs). Its regional network, technology investment and advisory depth make it a trusted partner to banks, development finance institutions (DFIs), fintechs and non-bank financial firms seeking secure cross-border access and scalable transaction infrastructure.  In East Africa, where the franchise demonstrates strong regional integration, Standard Chartered provides correspondent banking, payments, liquidity and trade finance solutions to a broad range of local and international clients.   The Source link
Asia’s best trade finance bank 2025: HSBC
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Asia’s best trade finance bank 2025: HSBC

HSBC’s Global Trade Solutions (GTS) franchise in Asia Pacific stands apart not just for its global scale but for the depth of its regional execution. Across markets that collectively account for half the world’s merchandise trade, HSBC has aligned its 160-year heritage in Asian commerce with a digital-first strategy that is reshaping how corporates fund and manage trade flows.  In 2024, the bank facilitated more than $850 billion of trade across Asia Pacific, strengthening its market-leading positions in Hong Kong, mainland China, Singapore, India and Australia. Source link
The Middle East’s best trade finance bank 2025: HSBC
Business

The Middle East’s best trade finance bank 2025: HSBC

In a year characterised by supply chain realignment and accelerating digitalisation, HSBC emerged as the Middle East’s leading force in trade finance. Its combination of scale, innovation and cross-border connectivity enabled corporates to navigate complexity with confidence, making 2024 one of the strongest years on record for the bank’s regional trade business.  HSBC’s trade finance franchise in the Middle East facilitated $59.3 billion in cross-border trade across 32 currencies and 116 markets, with the bank recording a 14% year-on-year increase in the total value of trade finance transactions. Source link
The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth
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The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth

“It’ll happen slowly, and then all at once.” That’s how Jim Morrow, founder and chief investment officer of Callodine Capital, describes the eventual – inevitable – unwinding of what he calls “the most crowded trade in history.” Of course, he isn’t just paraphrasing Ernest Hemingway—he’s talking about the AI race, and the trillion-dollar deals so overstretched they’re better described as knots than trades. And he’s not alone in sounding alarms. Michael Burry—the investor of Big Short fame who famously predicted the 2008 housing collapse—broke a two-year silence this week to say nearly the same thing:  that Big Tech’s AI-era profits are built on “one of the most common frauds in the modern era”—stretching the depreciation schedule (some, including Burry, would say cheating the ...