Feminist icon Gloria Steinem joins Sherry Paul to discuss women’s workplace participation and the drive required to create lasting change. (Source: Bloomberg)
Feminist icon Gloria Steinem joins Sherry Paul to discuss women’s workplace participation and the drive required to create lasting change. (Source: Bloomberg)
"President Trump ran on restoring law and order, and he quickly delivered the most secure U.S. border in American history. I look forward to supporting @POTUS' mission to safeguard the American people and defend the homeland," he wrote on X.
"President Trump ran on restoring law and order, and he quickly delivered the most secure U.S. border in American history. I look forward to supporting @POTUS' mission to safeguard the American people and defend the homeland," he wrote on X.
(RTTNews) - The Australian stock market is sharply higher on Thursday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving just below the 7,300 level, following the broadly positive cues overnight from Wall Street, aided by gains from materials, financial and technology stocks after the U.S. Fed raised its benchmark short-term interest rate to tame the worst inflatio...
(RTTNews) - The Australian stock market is sharply higher on Thursday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving just below the 7,300 level, following the broadly positive cues overnight from Wall Street, aided by gains from materials, financial and technology stocks after the U.S. Fed raised its benchmark short-term interest rate to tame the worst inflation since the early 1980s. Traders are also tracking developments around the COVID situation in China. The benchmark S&P/ASX 200 Index is gaining 91.30 points or 1.27 percent 7,266.50, after touching a high of 7,296.8 earlier. The broader All Ordinaries Index is up 104.50 points or 1.41 percent to 7,540.30. Australian markets ended significantly higher on Tuesday. Among major miners, BHP Group is gaining more than 1 percent, Rio Tinto is adding almost 2 percent, Mineral Resources is advancing almost 3 percent, OZ Minerals is up more than 3 percent and Fortescue Metals is rising more than 4 percent. Oil stocks are mixed. Santos is losing almost 1 percent and Woodside Petroleum is slipping more than 1 percent, while Origin Energy is edging up 0.5 percent and Beach Energy is gaining more than 1 percent. Among the big four banks, Commonwealth Bank and Westpac are gaining almost 1 percent, while National Australia Bank is adding more than 1 percent and ANZ Banking advancing almost 2 percent. In the tech space, Appen and WiseTech Global are surging almost 6 percent each, while Block is soaring more than 11 percent, Zip is rising almost 10 percent and Xero is adding almost 3 percent. Gold miners are mostly lower. Northern Star Resources is edging down 0.5 percent, Newcrest Mining is losing more than 1 percent and Gold Road Resources is declining almost 2 percent, while Resolute Mining is up 1.5 percent and Evolution Mining is adding almost 1 percent. In economic news, the jobless rate in Australia came in at a seasonally adjusted 4.0 percent in February, the Australian Bureau of Sta...
Police in Rio de Janeiro have arrested eight people for brutally beating a capybara – the world’s largest rodent. Resembling a giant guinea pig, the light brown capybara (Hydrochoerus hydrochaeris) is often seen roaming the Brazilian city, particularly near streams and lagoons. In an incident filmed by security cameras before dawn on Saturday, a group of attackers beat the capybara with sticks and...
Police in Rio de Janeiro have arrested eight people for brutally beating a capybara – the world’s largest rodent. Resembling a giant guinea pig, the light brown capybara (Hydrochoerus hydrochaeris) is often seen roaming the Brazilian city, particularly near streams and lagoons. In an incident filmed by security cameras before dawn on Saturday, a group of attackers beat the capybara with sticks and iron bars in the neighbourhood of Ilha do Governador. “This is a brutal crime that shocks society,” said Felipe Santoro, the police commissioner in charge of the investigation, was quoted as saying by the O Globo daily newspaper. “It is an act of extreme cruelty toward a creature that posed absolutely no threat … yet was deliberately attacked nonetheless,” he added. View image in fullscreen Wounds are seen on the muzzle of the capybara. Photograph: Mauro Pimentel/AFP/Getty The attackers – including two minors – were identified through CCTV footage and arrested on Saturday, police said in a statement. The capybara, a 65kg (143lb) male, was taken to the Wildlife Care Center (CRAS) at the private Estacio University in south-western Rio. Jeferson Pires, the veterinarian and head of CRAS, told AFP: “We have been treating Rio’s wildlife here for 22 years, and I have never before received a capybara subjected to such extreme aggression.” He said the creature was doing better, but was “suffering from head trauma, swelling with internal bleeding around his left eye, and multiple injuries to his back”. In recent years the semi-aquatic capybara – native to South America – has gained a devoted following online. One popular meme is “Comrade Capybara”, depicting the animal as a communist revolutionary, inspired by the 2021 “invasion” by capybaras of a luxury gated estate in Argentina that was built on a wetland that had been their natural habitat. In early January, the death of a stray dog after it was beaten to death by teenagers caused a wave of outrage in Brazil.
Justin Sullivan/Getty Images News Chevron ( CVX ) CEO Mike Wirth said Monday it " will take time " for shut-in production in the Middle East to return when the Iran war ends, Reuters reported. "It will take time to rebuild inventories of the right grades of crude, the right types of products around the world to meet demand," Wirth said at the CERAWeek conference in Houston, and estimating how lon...
Justin Sullivan/Getty Images News Chevron ( CVX ) CEO Mike Wirth said Monday it " will take time " for shut-in production in the Middle East to return when the Iran war ends, Reuters reported. "It will take time to rebuild inventories of the right grades of crude, the right types of products around the world to meet demand," Wirth said at the CERAWeek conference in Houston, and estimating how long it would take to restart shut-in production is "an uncertainty that we're going to have to deal with as we go forward." "We've seen tightness in distillate products like diesel and jet [fuel], and in particular, Asia is facing some real concerns about supply," the CEO said. The oil futures market has not fully priced in the scale of the supply disruption triggered by the closure of the Strait of Hormuz, Wirth said. The market is trading on "scant information" and "perception," and the physical supply of oil is tighter than the futures contracts suggest, he said. Additionally, Wirth said Chevron ( CVX ) is seeing progress in Venezuela as its oil production there rises, but more work is needed to change key energy legislation and secure conditions for investment. "There are still things that need to happen to encourage investment at the scale that people would like to see," Wirth said at CERAWeek. More on Chevron Chevron: Avoid Market Top Bargains Chevron: Trades Near $190 As Energy Sentiment Improves Chevron: Forming A Strong Partner With Hess
3DSculptor/iStock via Getty Images MDA Space ( MDA , MDA:CA ) stock prices have nearly doubled since I upgraded the stock to strong buy in November 2025 following a sharp sell-off driven by the EchoStar contract loss. The stock price now exceeds the C$27.61 price target I had set, and that provides a good moment to revisit the investment case, as the company is also facing an investment-heavy phas...
3DSculptor/iStock via Getty Images MDA Space ( MDA , MDA:CA ) stock prices have nearly doubled since I upgraded the stock to strong buy in November 2025 following a sharp sell-off driven by the EchoStar contract loss. The stock price now exceeds the C$27.61 price target I had set, and that provides a good moment to revisit the investment case, as the company is also facing an investment-heavy phase in its growth path. Note: Dollar amounts in this report are in CAD unless mentioned otherwise. MDA Space Revenues and Earnings Show Strong Growth MDA Space MDA Space's backlog declined 8% to $4 billion, primarily driven by the conversion of backlog into revenues. Revenues increased 51% to $1.63 billion, with EBITDA increasing 49% to $324 million, indicating a 30 basis point decline in margins to 19.8%. The margin compression can be attributed to program mix and continued investments in the business. Net income rose 71% to $190 million. MDA Space For the fourth quarter, sales rose 44% to $499.1 million, primarily driven by growth in Satellite Systems sales. Geointelligence sales rose 30.8% to $62 million, driven by volume, while Robotics & Space Operations sales rose 1.5% to $65.7 million and Satellite Systems sales rose 58% to $136.9 million, driven by volume on the Telesat Lightspeed program and Globalstar next-generation LEO program as well as the non-recurring beneficial impact of the EchoStar contract termination agreement. Gross profits grew 55% to $127.1 million, driven by Satellite Systems results, including the impact from the EchoStar termination agreement and higher Geointelligence volumes. Adjusted EBITDA grew 36% to $96.2 million, indicating a margin contraction of 1.2 points to 19.3%. The decline was driven by a less favorable mix and negative foreign currency exchange rate impacts. MDA Space For the full year, operating cash flow declined from $813 million to $407 million, driven by lower working capital contributions, and for that same reason, Q4 operating ...