South Korea’s first home-grown combat aircraft, the KF-21, still has a “long way to go” competing globally against products from the US, Europe and China, analysts said, as the fighter jet finally rolls out. In March, Korea Aerospace Industries (KAI) officially unveiled the first production unit of the KF-21 Boramae, placing Seoul in an elite group of now eight countries capable of indigenously de...
South Korea’s first home-grown combat aircraft, the KF-21, still has a “long way to go” competing globally against products from the US, Europe and China, analysts said, as the fighter jet finally rolls out. In March, Korea Aerospace Industries (KAI) officially unveiled the first production unit of the KF-21 Boramae, placing Seoul in an elite group of now eight countries capable of indigenously developing their own advanced supersonic combat aircraft. The roll-out marked the start of mass...
Four years after Shanghai’s harsh citywide lockdown, there are signs the city’s expatriate population – which thinned significantly during the pandemic – is starting to rebound, though with a notably different demographic profile. The sound of English, Korean and French is once again often heard drifting through the plane-tree-lined streets of Shanghai’s former French Concession – widely seen as t...
Four years after Shanghai’s harsh citywide lockdown, there are signs the city’s expatriate population – which thinned significantly during the pandemic – is starting to rebound, though with a notably different demographic profile. The sound of English, Korean and French is once again often heard drifting through the plane-tree-lined streets of Shanghai’s former French Concession – widely seen as the heart of the city’s international community. And local residents point to a gradual, though...
On a small island off eastern China, a group of mothers is rewriting the rules of work and family life. Known as the “Female Knights”, this determined band of women has turned food delivery into a path to financial independence and self-empowerment. Qushan Island, in Zhoushan, Zhejiang province, has a population of around 55,000. Its main industries are fishing and stone mining, and access to the ...
On a small island off eastern China, a group of mothers is rewriting the rules of work and family life. Known as the “Female Knights”, this determined band of women has turned food delivery into a path to financial independence and self-empowerment. Qushan Island, in Zhoushan, Zhejiang province, has a population of around 55,000. Its main industries are fishing and stone mining, and access to the outside world requires a two-hour ferry ride. While most men work at sea or in the city, many women...
The U.S.’s lessened dependency on crude also shows a decline in consumption of crude derivatives such as gasoline and diesel, even as prices at the pump are a major source of frustration for Americans right now.
The U.S.’s lessened dependency on crude also shows a decline in consumption of crude derivatives such as gasoline and diesel, even as prices at the pump are a major source of frustration for Americans right now.
PRINCETON, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq: IART), a leading global medical technology company, today reported financial results for the first quarter ending March 31, 2026.
PRINCETON, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq: IART), a leading global medical technology company, today reported financial results for the first quarter ending March 31, 2026.
SAN FRANCISCO, May 05, 2026--Ouster, Inc. (Nasdaq: OUST) ("Ouster" or the "Company"), a leader in sensing and perception for Physical AI, today announced the integration of its new Rev8 OS family of digital lidar sensors across the NVIDIA Jetson platform.
SAN FRANCISCO, May 05, 2026--Ouster, Inc. (Nasdaq: OUST) ("Ouster" or the "Company"), a leader in sensing and perception for Physical AI, today announced the integration of its new Rev8 OS family of digital lidar sensors across the NVIDIA Jetson platform.
Tesla halts datacenter development due to local infrastructure constraints Denmark halts new projects amid AI driven power crisis LT350 offers a distributed, grid-supportive, AI infrastructure alternative built for community compatibility and scale BOULDER, Colo., May 05, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”) today highlighted the relevance of LT350 as com...
Tesla halts datacenter development due to local infrastructure constraints Denmark halts new projects amid AI driven power crisis LT350 offers a distributed, grid-supportive, AI infrastructure alternative built for community compatibility and scale BOULDER, Colo., May 05, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”) today highlighted the relevance of LT350 as communities across the United States and internationally increasingly oppose the construction of large
The world’s top beef exporter Brazil is close to reaching its annual quota for shipments to its biggest buyer China, a situation that’s set to redraw trade flows at a time when global consumers are facing higher meat prices. China sought to protect its domestic farmers and producers at the start of 2026 by imposing beef import quotas . That’s spurred Brazilian meatpackers to rush goods to the Asia...
The world’s top beef exporter Brazil is close to reaching its annual quota for shipments to its biggest buyer China, a situation that’s set to redraw trade flows at a time when global consumers are facing higher meat prices. China sought to protect its domestic farmers and producers at the start of 2026 by imposing beef import quotas . That’s spurred Brazilian meatpackers to rush goods to the Asian nation’s ports, and the limit is now looking to be met before the year is half over, according to analysts and industry data. With a 55% tariff on any additional volumes, the looming quota fulfillment will likely bring Brazil’s trade with China to a halt. The scenario has presented a challenge for Brazil’s meat industry, with expectations for a slowdown in slaughtering. “This is something the supply chain has never had to deal with before, and it’s causing stress in the market,” said João Otávio Figueiredo , an analyst at consultancy Datagro. It may be good news for consumers outside of China, however, as meatpackers seek other markets. That could boost supplies and potentially ease prices that have surged to record highs amid strong demand and limited supply. Shipments from Brazil to the US will be key. Demand has been strong on the back of a massive cattle shortage and elevated beef prices in North America. Because it can take about 60 days between animals being slaughtered in Brazil and arrival of a beef cargo in China, Brazilian beef exporters group Abiec signaled that as soon as mid-May the local plants may no longer process beef targeting Chinese markets. Other more conservative forecasts like the one from Datagro see that happening in June. China has imported more than 510,000 tons of beef from Brazil in the first three months of the year, according to customs data. That is equivalent of 46% of the quota. By the end of April that percentage will have reached 65%, according to people familiar with the pace of shipments out of Brazil. The people didn’t want to be ide...
Zyg, an artificial intelligence platform created by the founders of IronSource, raised funding at a $500 million valuation just two months after coming out of stealth. The company, which uses AI to help e-commerce sellers scale their businesses, raised $60 million in a round led by Accel , with participation from existing investors existing investors Bessemer Venture Partners and Lightspeed Ventur...
Zyg, an artificial intelligence platform created by the founders of IronSource, raised funding at a $500 million valuation just two months after coming out of stealth. The company, which uses AI to help e-commerce sellers scale their businesses, raised $60 million in a round led by Accel , with participation from existing investors existing investors Bessemer Venture Partners and Lightspeed Venture Partners , Zyg said in a statement Tuesday. Zyg announced $58 million in seed funding in March. Chief Executive Officer Omer Kaplan — part of the team that sold IronSource for $4.4 billion in 2022 — said his new company offers a platform that automates and manages business functions like advertising, retention, customer support and inventory forecasting. Zyg is already running campaigns on Meta Platforms Inc. services using agents that are “doing the vast majority of the activity themselves,” Kaplan said in an interview. The Israel-based company is part of a wave of startups and established e-commerce players seeking to automate marketing for online sales. Shopify Inc. offers AI agents that can run ads, write SEO content and generate emails and social media content. Last week, Hightouch raised $150 million in financing to develop an agentic platform that can research audiences and execute ad campaigns. Zyg’s customer base includes small companies that have between $2 million and $15 million in revenue, according to Kaplan. It has also drawn interest from larger companies with as much as $100 million in sales that are seeking to integrate AI into their business, he added. The funding will be primarily used to hire top AI talent in Israel, expand market reach and invest in training AI models, Kaplan said. Zyg was founded last year by five of the founders of IronSource, which went public on the New York Stock Exchange in 2021 through a merger with a blank-check firm that valued it at $11.1 billion. The following year, it sold to Unity Software Inc. in an all-stock deal. The ...
While FINRA will never ask you for money, there are scammers who might try to convince you otherwise. These financial fraudsters pose as regulators, requesting fees to transfer funds or offering bogus investment "guarantees" that are designed to steal your money. Communications from these fraudsters are becoming more sophisticated and can be compelling. Be aware: Neither FINRA, nor any of its empl...
While FINRA will never ask you for money, there are scammers who might try to convince you otherwise. These financial fraudsters pose as regulators, requesting fees to transfer funds or offering bogus investment "guarantees" that are designed to steal your money. Communications from these fraudsters are becoming more sophisticated and can be compelling. Be aware: Neither FINRA, nor any of its employees, will ever provide a guarantee on an investment, offer to facilitate your participation in any sort of money-making scheme, or request access to your personal assets. Fraudsters who impersonate FINRA or a current or former employee can look surprisingly real, sometimes even posing as the CEO or other senior executives. Correspondence might seem authentic, often including the regulator's name and logo and attachments of official-looking documents or supporting materials, which might even contain "signatures" from nonexistent regulators. Some even feature images of fake but realistic-looking FINRA employee badges. Continue reading
India’s central bank, grappling to support the beleaguered rupee, is weighing a plan for state-owned lenders to sell foreign-currency bonds to draw capital inflows, according to people familiar with the matter. Reserve Bank of India officials discussed a proposal that would see lenders issue foreign-currency bonds, potentially with five-year maturities, the people said, asking not to be named as t...
India’s central bank, grappling to support the beleaguered rupee, is weighing a plan for state-owned lenders to sell foreign-currency bonds to draw capital inflows, according to people familiar with the matter. Reserve Bank of India officials discussed a proposal that would see lenders issue foreign-currency bonds, potentially with five-year maturities, the people said, asking not to be named as the talks are private. Discussions are preliminary and no decision has been made, they said. The central bank also considered offering foreign-exchange swaps to participating lenders to hedge currency risk, allowing them to offer more attractive yields to investors, the people said. Under such a structure, banks would be able to buy foreign currency from the RBI at a future date at a pre-determined price, they said. An RBI spokesperson didn’t immediately respond to an email seeking comment on the matter. State-owned lenders report to the finance ministry, which often coordinates with the central bank on policies and measures to stabilize the currency. The rupee has weakened close to 6% against the dollar this year, the worst performance in Asia. While anti-speculative measures rolled out by the central bank in March and April briefly helped the currency, pressure is building up again as oil prices remain elevated, exerting strain on the fuel-importing nation’s trade deficit. Stock outflows also exceeded $5 billion last month. India has used similar tools before to attract inflows. State Bank of India raised $5.5 billion through so-called India Millennium Deposits in 2000, issuing bonds denominated in dollars, euros and pounds. Rupee at Record Low as Analysts Dust Off 2013 RBI Playbook India’s Net Forward Dollar Sales to Aid Rupee Near $100 Billion India’s RBI Eases Some Curbs on Banks’ Forex Market Trades
Stock index futures rose as investors looked ahead to a batch of economic reports, including labor data. Now, here are 5 news stories that broke overnight to watch out for: Apple explores U.S. chip production alternatives : Apple ( AAPL ) has reportedly held exploratory discussions about using Intel ( INTC ) and Samsung Electronics Co. ( SSNLF ) to produce the main processors for its devices in th...
Stock index futures rose as investors looked ahead to a batch of economic reports, including labor data. Now, here are 5 news stories that broke overnight to watch out for: Apple explores U.S. chip production alternatives : Apple ( AAPL ) has reportedly held exploratory discussions about using Intel ( INTC ) and Samsung Electronics Co. ( SSNLF ) to produce the main processors for its devices in the U.S., a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co. ( TSM ). The iPhone and iPad maker has had early-stage talks with Intel about enlisting the company’s chipmaking services, Bloomberg News reported, citing people familiar with the deliberations. White House considers AI model vetting: The White House has discussed vetting artificial intelligence models before they are released to the public, the New York Times reported, citing U.S. officials and people briefed on the matter. The Trump Administration could issue an executive order that would create an AI working group to oversee such topics, the news outlet added. United-American merger draws union support: United Airlines ( UAL ) CEO Scott Kirby’s proposed merger with American Airlines ( AAL ) showed a “bold vision for the future of air travel,” a union boss told pilots in an email viewed by Reuters . This vision “could be transformative for our passengers, the communities we serve, and, foremost, the very people at American that our C-suite has chosen to disrespect: you,” Nick Silva, president of the Allied Pilots Association, wrote. The APA represents AAL pilots. OpenAI discussed spinning out robotics, and hardware units: OpenAI ( OPENAI ) Chief Executive Sam Altman discussed spinning out the company’s robotics and consumer-hardware divisions late last year, a move intended to give them more room to grow without weighing down the core business, WSJ reported. As part of the plan, the two companies would have been able to raise external funding and operate more ...