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Elon Musk’s NASA chief ally says SpaceX rival Blue Origin might be picked for US lunar project Artemis
NASA’s new boss Jared Isaacman walked into the job on Thursday and wasted no time shaking both SpaceX and Blue Origin, saying the agency will choose the company that builds a working moon lander first.Cryptopolitan
Fri, Dec 19
TikTok Says It Signed Agreements for New US Joint Venture, Bloomberg Reports
TikTok Chief Executive Officer Shou Chew told employees that the social media company and its parent, ByteDance Ltd., signed binding agreements to create a US joint venture majority-owned by American investors.Tiger News
Fri, Dec 19
Meta's Mark Zuck announces new AI model Mango to compete with Sundar Google, Sam OpenAI
Mark Zuckerberg is pushing Meta straight back into the AI fight with Mango, a new image and video model that sits beside Meta’s next text model, Avocado, all built to take on Google’s new Gemini tools and OpenAI’s image systems. Meta wants both models in the first half of 2026, according to Alexandr Wang, the […]Cryptopolitan
Fri, Dec 19
White House czar says crypto CLARITY Act set for Senate markup in January
The White House’s chief crypto and artificial intelligence policy official says that the Digital Asset Market Clarity (CLARITY) Act — historic legislation intended to clarify the regulatory authority applicable to digital assets — is slated for Senate markup early next year, representing a significaCryptopolitan
Fri, Dec 19
Nike fails to contain margin bleed amid tariffs, turnaround, as shares fall
Nike NKE.N on Thursday reported a drop in gross margins for the second consecutive quarter, as poor sales in China and efforts to reset its product mix continued to vex the struggling sportswear giant, sending shares down 10%.Reuters
Fri, Dec 19
Oil prices settle slightly higher as market assesses mounting supply risks
US preparing more Russian energy sanctions in case Moscow rejects peace deal, Bloomberg reportsVenezuela's state-run oil firm resumes loading after cyberattack, most exports on hold Enforcement of Trump's blockade of tankers under sanctions unclearBy Arathy Somasekhar ...Reuters
Thu, Dec 18
METALS-Copper steady after soft US inflation data in quiet trade
Dec 18 (Reuters) - Copper struggled to find direction on Thursday as a soft inflation reading in the United States was offset by a slightly firmer dollar, while traders trimmed their exposure ahead of the Christmas holiday.Benchmark three-month copper on the London Metal Exchange CMCU3 was little ch...Reuters
Thu, Dec 18
Wheat holds near 8-week lows after China cancels purchases from US
CANBERRA, Dec 18 (Reuters) - Chicago wheat futures found their footing on Thursday but remained near eight-week lows after China cancelled purchases from the U.S. and as large harvests in Argentina and Australia poured new grain into a well-supplied market.Soybean futures were flat after falling onReuters
Thu, Dec 18
British stocks rise as investors await Bank of England rate cut
FTSE 100 up 0.3%; FTSE 250 up 0.36%Investors await BoE rate cut amid cooling inflation FTSE 350 retailers lead gains; Currys up 10.7% Dec 18 (Reuters) - London stocks extended gains on Thursday, as investors anticipated a Bank of England interest rate cut later in the day amid a sharp slowdown inReuters
Thu, Dec 18
Russia is preparing for contacts with the United States on Ukraine, the Kremlin says
MOSCOW, Dec 18 (Reuters) - The Kremlin said on Thursday that Russia was preparing for contacts with the United States to get details about U.S. talks with European powers and Ukraine on a possible peace settlement to end the Ukraine conflict. Politico reported that U.S. and Russian officials areReuters
Thu, Dec 18
Amazon, Walmart shareholder pushes firms to report impact of Trump's immigration policies
NEW YORK, Dec 18 - A union-aligned investment group sent letters to Amazon, Walmart and Alphabet on Wednesday, asking how U.S. President Donald Trump's immigration policies were impacting their finances and supply chains, according to the documents seen by Reuters.Reuters
Thu, Dec 18
Coinbase pushes into stock trading, event contracts as retail battle heats up
Dec 17 (Reuters) - Coinbase COIN.O said on Wednesday it will start letting users trade stocks and event contracts tied to real-world outcomes, as the exchange expands beyond its crypto roots to compete more directly with rivals.Reuters
Thu, Dec 18
Japan to raise tax-free income threshold to ease inflation squeeze
TOKYO, Dec 18 (Reuters) - Japan is set to raise the tax-free income threshold and expand deductions for middle-income earners under a deal between Prime Minister Sanae Takaichi's minority government and a key opposition party.Japan's ruling Liberal Democratic Party and ...Reuters
Thu, Dec 18
Elliott takes over $1 billion stake in Lululemon, source says
Elliott's stake in Lululemon is over $1 billionActivist sees former Ralph Lauren exec as potential Lululemon CEO Elliott is now one of Lululemon's biggest investorsBy Svea Herbst-Bayliss and Shivani Tanna Dec 17 (Reuters) - Activist investor Elliott Management has amassed a stake of more ...Reuters
Thu, Dec 18
JGB yields edge up ahead of BOJ's policy decision
TOKYO, Dec 18 (Reuters) - Japanese government bond (JGB) yields edged higher on Thursday as investors awaited signals on future interest rate hikes from Bank of Japan Governor Kazuo Ueda's comments at his post-policy meeting news conference on Friday.The 10-year JGB yield JP10...Reuters
Thu, Dec 18
Japan's Nikkei ends at 3-week low on tech selloff over AI-business outlook
TOKYO, Dec 18 (Reuters) - Japan's Nikkei share average ended at a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre businesses. The Nikkei .N225 fell 1.03% to 49,001.5, its lowest close...
Reuters
Thu, Dec 18
