Making his first appearance before Congress since the Trump administration went to war against Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats. (Image credit: Rod Lamkey Jr.)
Making his first appearance before Congress since the Trump administration went to war against Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats. (Image credit: Rod Lamkey Jr.)
(RTTNews) - EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests.
(RTTNews) - EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, President Donald Trump has doubled down on the US blockade of Iranian ports, saying it's havi...
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, President Donald Trump has doubled down on the US blockade of Iranian ports, saying it's having an "incredible" effect and Iran's "economy is crashing". Iran's supreme leader has cast doubt on the chances of a deal, releasing a rare statement in which he said Iran would not give up its nuclear technologies. The Bank of England and European Central Bank both held interest rates, but are considering hiking as soon as June to address inflation triggered by the Middle East conflict. Today's guests: Jane Kinninmont, United Nations Association UK, CEO; Jackie Bowie, Chatham Financial, Managing Partner & Head of EMEA. (Source: Bloomberg)
XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for April 2026.
XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for April 2026.
Trump Threatens To Pull Some US Troops Out Of Germany While Lambasting 'Ineffective' Merz German Chancellor Friedrich Merz has been a bit on the defensive since his earlier in the week swipe at President Trump over launching the war against Iran. The German leader had told students in a talk that the US is being "humiliated" by Iranian leaders . He had also asserted, "If I had known that it would ...
Trump Threatens To Pull Some US Troops Out Of Germany While Lambasting 'Ineffective' Merz German Chancellor Friedrich Merz has been a bit on the defensive since his earlier in the week swipe at President Trump over launching the war against Iran. The German leader had told students in a talk that the US is being "humiliated" by Iranian leaders . He had also asserted, "If I had known that it would continue like this for five or six weeks and get progressively worse, I would have told him even more emphatically." As we covered earlier Thursday, Merz has tried to soften the spat, after Trump responded on Truth Social earlier, "From my perspective, my personal relationship with the US President remains good," he told reporters. " I simply had doubts from the start about what was begun with the war in Iran. That is why I have made that clear." But that hasn't quieted Trump, who again hit back again in a fresh Thursday morning Truth Social post, which emphasized that the German Chancellor should focus more on problems like the Russia-Ukraine war, where "he has been totally ineffective" - Trump said. The US President once again reiterated that Germany is "broken" - and that this especially true on immigration and energy. He also reiterated that his Operation Epic Fury is making "the World, including German, a safer place!" However, Merz earlier sought to place some of Germany's economic woes precisely on the war raging in the Middle East, and ongoing Strait of Hormuz closure. His initial April 29 remarks had included the following: " In Germany and Europe we are suffering from the consequences, such as the closure of the Strait of Hormuz ,” he had said. Wednesday night saw Trump issue a new, important threat, which he has been teasing as a possibility for day: "The United States is studying and reviewing the possible reduction of Troops in Germany, with a determination to be made over the next short period of time," Trump wrote on Truth Social. Responsible Statecraft'...
Live, rolling coverage of business, economics and financial markets as average house price rose 0.4% in April and NatWest sets aside £140m British homebuyers defied a bleak economic mood and the Iran war to push house prices up by 0.4% in April, surprising economists who had on average expected a decline. Annual house price growth picked up to 3.0% in April, from 2.2% in March, according to data p...
Live, rolling coverage of business, economics and financial markets as average house price rose 0.4% in April and NatWest sets aside £140m British homebuyers defied a bleak economic mood and the Iran war to push house prices up by 0.4% in April, surprising economists who had on average expected a decline. Annual house price growth picked up to 3.0% in April, from 2.2% in March, according to data published on Friday by Nationwide, the UK’s largest building society. That put the average price at £278,880. Despite the uncertainty caused by developments in the Middle East and the subsequent rise in energy prices, the UK housing market has continued to regain momentum following the slowdown recorded around the turn of the year. This is somewhat surprising given that indicators of consumer confidence have weakened noticeably. GfK’s headline index has fallen to its lowest level since late‑2023, reflecting households’ more pessimistic views of the economic outlook and their own financial position over the year ahead. The surprisingly strong rise in the Nationwide measure of house prices in April shows that house prices have continued to gain momentum despite the falls in consumer confidence and the rise in mortgage rates since the start of the Iran war. But the growing upside risks to our mortgage rate forecast from the most recent rise in oil prices suggests this strength is unlikely to last. We have started the year with positive momentum, underpinned by healthy customer activity – growing all of our three businesses, expanding our capabilities to meet more of our customers’ needs and further improving productivity as we use AI at scale across the bank. 9:30am BST: Bank of England consumer credit (March; previous: £1.9bn; consensus: £1.8bn) 9:30am BST: Bank of England mortgage approvals (March; previous: 62,580; consensus: 60,000) 1:15pm BST: Bank of England – speech by Huw Pill, chief economist Continue reading...
Ceres Power Holdings Plc extended a blistering rally this week, pushing one-year gains close to 1,000% as surging optimism around fuel cell technology drives the stock to multi-year highs. Shares in the Horsham, West Sussex–based group have jumped 22%, set for a third consecutive week of double-digit gains, lifting its market value to about £1.2 billion ($1.6 billion). Sentiment jumped after US pe...
Ceres Power Holdings Plc extended a blistering rally this week, pushing one-year gains close to 1,000% as surging optimism around fuel cell technology drives the stock to multi-year highs. Shares in the Horsham, West Sussex–based group have jumped 22%, set for a third consecutive week of double-digit gains, lifting its market value to about £1.2 billion ($1.6 billion). Sentiment jumped after US peer Bloom Energy Corp. raised its full-year outlook above expectations, while Goldman Sachs Group Inc. increased its price target to a Street-high 670 pence on stronger revenue forecasts and improved manufacturing assumptions. The rally reflects a broader rebound in clean energy stocks, as the Iran conflict sharpens focus on energy security and rising demand from AI and electrification drives investment in power and grids. A UBS Group AG basket of European renewable energy shares has climbed 30% this year. This week’s gains leave Ceres trading at about 20 times one-year forward sales — roughly in line with Bloom Energy, but a steep premium to the renewables basket’s 1.7 times. Goldman Sachs analyst Michele Della Vigna highlighted faster-than-expected solid oxide fuel cell ramp-up signals from Weichai Power Co. , which holds exclusive manufacturing rights for Ceres’ SOFC technology in China. He also pointed to Bloom Energy’s deal with Oracle Corp. to deploy fuel cells as primary power in data centers — replacing gas turbines — as further evidence of strengthening demand. Ceres shares were already supported earlier this month by the launch of Endura, a new solid oxide platform, which enables both power generation and green hydrogen production. Jefferies, one of seven brokers tracked by Bloomberg with buy-equivalent ratings, said the product materially strengthens the company’s commercial proposition. A short squeeze may also be fueling the rally. Shares on loan — a proxy for short interest — stood at 5.8% as of Thursday, according to S&P Global Market Intelligence. It was abov...
At the moment, XRP (CRYPTO: XRP) is priced near $1.38, which is 62% below the $3.65 all-time high it reached in July 2025. For a coin that has spent most of its long life priced below a dollar, it's natural to wonder if it might revisit those depths once again. Let's examine this asset's history and develop a reasonable answer. Image source: Getty Images. Continue reading
At the moment, XRP (CRYPTO: XRP) is priced near $1.38, which is 62% below the $3.65 all-time high it reached in July 2025. For a coin that has spent most of its long life priced below a dollar, it's natural to wonder if it might revisit those depths once again. Let's examine this asset's history and develop a reasonable answer. Image source: Getty Images. Continue reading
Japanese police arrested a man for allegedly incinerating his dead wife at the zoo where he worked, officials and local media said on Friday, following the discovery of human remains. Police arrested Tatsuya Suzuki on Thursday evening on suspicion that he “transported the victim’s body to a tourist facility” in the northern island of Hokkaido and “destroyed it through incineration there”, a local ...
Japanese police arrested a man for allegedly incinerating his dead wife at the zoo where he worked, officials and local media said on Friday, following the discovery of human remains. Police arrested Tatsuya Suzuki on Thursday evening on suspicion that he “transported the victim’s body to a tourist facility” in the northern island of Hokkaido and “destroyed it through incineration there”, a local police official said. The victim, 33-year-old Yui Suzuki, was identified by local media as his wife....