Business

Australia’s Arafura approves $1.6 billion rare earths project

Wednesday, May 20 by SRN News

MELBOURNE, May 21 (Reuters) - Arafura Rare Earths said on Thursday it approved the development of its $1.6 billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths operation by the end of the decade. Shares of... Read More.

Stephen Colbert is saying goodbye to ‘The Late Show.’ How it ends is still a secret

Wednesday, May 20 by SRN News

NEW YORK (AP) - Stephen Colbert's long goodbye to late-night TV ends Thursday night when the host of "The Late Show" appears behind his CBS desk for the final time. What is planned for the finale has not been revealed but the folks at... Read More.

US energy storage additions hit a first-quarter record, report shows

Wednesday, May 20 by SRN News

May 21 (Reuters) - U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday. Energy storage capacity grew 32% in the quarter from a year ago... Read More.

Asian shares surge after oil prices slip and Wall Street resumes its AI rally

Wednesday, May 20 by SRN News

Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back. The advance was also powered by a stronger-than-expected quarterly report from chipmaker Nvidia, whose profit rocketed more than 200% higher in the... Read More.

Australian judge fines X $465,000 for online safety breach after 3-year court battle

Wednesday, May 20 by SRN News

MELBOURNE, Australia (AP) - An Australian judge fined X Corp. 650,000 Australian dollars ($465,000) on Thursday for failing to provide information to an online safety watchdog in 2023 about how it tackled child sexual exploitation content. Federal Court Justice Michael Wheelahan also ordered the Texas-based... Read More.

Japan records bigger exports and imports in April, despite oil supply concerns

Wednesday, May 20 by SRN News

TOKYO (AP) - Japan's exports soared 14.8% in April from the same month a year earlier, according to Finance Ministry data released Thursday, showing that its trade remained robust despite worries over supplies of oil and gas due to the war in Iran. Exports were... Read More.

SpaceX reveals Musk company links, from Cybertrucks and jets to stock investments

Wednesday, May 20 by SRN News

By Akash Sriram May 20 (Reuters) - SpaceX's IPO filing revealed extensive commercial and financial ties among Elon Musk's companies ranging from Cybertruck purchases and shared private jets to stock investments, showing how deeply intertwined his business empire has become ahead of what could become... Read More.

Australia’s Ionic Rare Earths inks deal with US-based Nth Cycle to boost output outside China

Wednesday, May 20 by SRN News

May 21 (Reuters) - Australia's Ionic Rare Earths said on Thursday it has agreed to work with U.S.-based critical mineral refining firm Nth Cycle to improve rare earths production outside China. Here are some details: • The deal aims to strengthen... Read More.

Shares rally on Nvidia earnings, Samsung strike suspension

Wednesday, May 20 by SRN News

By Gregor Stuart Hunter SINGAPORE, May 21 (Reuters) - Stocks rose on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers. MSCI's broadest index of Asia-Pacific shares... Read More.

BUSINESS HEADLINES

Wednesday, May 20 by SRN News

Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand Artificial intelligence chipmaker Nvidia's quarterly results blew past Wall Street's expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned $58.32 billion, or $2.39... Read More.

Current Weather

Australia’s Arafura approves $1.6 billion rare earths project

Stephen Colbert is saying goodbye to ‘The Late Show.’ How it ends is still a secret

US energy storage additions hit a first-quarter record, report shows

Asian shares surge after oil prices slip and Wall Street resumes its AI rally

Australian judge fines X $465,000 for online safety breach after 3-year court battle

Japan records bigger exports and imports in April, despite oil supply concerns

SpaceX reveals Musk company links, from Cybertrucks and jets to stock investments

Australia’s Ionic Rare Earths inks deal with US-based Nth Cycle to boost output outside China

Shares rally on Nvidia earnings, Samsung strike suspension

BUSINESS HEADLINES

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