Australia to cap foreign student numbers in 2025 as part of migration crackdown
The move is intended to balance the growing influx of foreign students with the need to ensure that local students have adequate access to educational...
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Refuellable Satellites: A Strategic Advantage Amid Rising Space Threats
Refuellable satellites are designed to receive fuel and other necessary supplies in space, enabling them to stay operational far beyond their initial lifespan.
Cipher Pharmaceuticals shares soar after $89.5 million Natroba acquisition
Cipher Pharmaceuticals' shares surged 18% to 10.25 Canadian dollars ($7.41) following its $89.5 million acquisition of Natroba's global rights and U.S. operations from ParaPRO.
Will “Loss and Damage” climate funds reach fishermen?
At the recent UN Climate Conference, the establishment of a dedicated fund for loss and damage was hailed as a landmark decision. This fund aims to support communities suffering the severe effects of climate change
Mergers and Acquisitions report on key deals and developments
On Monday, significant M&A activity included HPE's $14 billion acquisition of Juniper Networks, Sixth Street's $5.1 billion deal for Enstar, and Boss Energy's withdrawal from the Jabiluka site purchase. Pacific Smiles supported NDC’s A$303 million offer, while Vital Energy nears a $1.1 billion deal and UltraTech Cement eyes a $472 million acquisition.
The impact of digital twin technology on modern fleet management
Digital twin technology is revolutionizing modern fleet management by providing real-time monitoring, predictive maintenance, and improved operational efficiency.
China’s domestic turmoil could amplify space tensions
In response to China’s growing space capabilities, other nations, particularly the United States and its allies, are ramping up their own space programs. This includes advancements in space defense technologies and increased investment in space infrastructure.
Australian Research Vessel unveils a series of historic shipwrecks
In addition to the HMS Goliath, the Endeavour has identified several other significant wrecks, including merchant ships and exploratory vessels from the 19th century. Each discovery contributes to a richer narrative of the maritime routes and trading activities that shaped Australia’s history.
German regulator approves Rivian and Volkswagen joint venture and acquisition stake
The joint venture between Rivian, an American EV manufacturer known for its all-electric R1T pickup and R1S SUV, and Volkswagen, a leading German automaker, aims to leverage both companies' expertise to drive advancements in electric vehicle technology.
McDonald’s guest count declines amid rising menu prices
McDonald's reported a 1% drop in comparable sales for the second quarter due to a decline in guest count, despite raising menu prices to boost revenue. The company's revenue fell short of analyst projections, highlighting the challenge of balancing pricing strategies with maintaining its customer base in a competitive market.
South African traders gain access to OANDA’s prop trading with new crypto options
OANDA has launched its prop trading program, OANDA Prop Trader, in South Africa, allowing traders to become signal providers on a profit-sharing basis. Participants can earn up to 90% of profits and use crypto payments. This expansion aims to increase access for skilled traders and boost OANDA’s market presence.
Tesla stock takes a hit post-Q2 earnings: Mixed performance and uncertain future
Tesla’s stock plummeted over 12% following its Q2 earnings report, reflecting mixed results. Despite record revenues and high regulatory credits, the company's automotive gross margins fell to a five-year low.
Colgate-Palmolive raises 2024 forecasts amid strong demand
Colgate-Palmolive raised its 2024 profit and sales forecasts after surpassing Q2 expectations, driven by strong demand for its premium products and a 18.8% surge in Latin American sales.
Apollo Global Management invests $700 million in Sony Music Group
Sony Music, renowned for its roster of influential artists including Lil Nas X and Celine Dion, stands to benefit from this capital infusion. The investment underscores a broader trend where Wall Street is increasingly turning to alternative assets like music rights and streaming revenues.
Why the Mongla Port win truly matters to New Delhi!
Mongla port, Bangladesh’s second-largest seaport after Chittagong, is strategically located in the southwestern part of the country near the Sundarbans mangrove forest.
Securing financial networks: Toshiba, KT, and Shinhan Bank demonstrate hybrid quantum secure communications technology
Toshiba Digital Solutions, KT, and Shinhan Bank have demonstrated hybrid quantum secure communications technology, combining quantum key distribution (QKD) and post-quantum cryptography (PQC) to protect financial networks from cyber threats posed by quantum computers.
The technological evolution in India’s real estate sector: Transforming marketing, sales, and management
India's real estate sector is undergoing a technological revolution, reshaping property marketing, sales, and management.