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Australia's employment unexpectedly dips in April, jobless hits 4-1/2 year high
1+ hour, 14+ min ago (361+ words) SYDNEY, May 21 (Reuters) " Australian employment unexpectedly fell in April while the jobless rate jumped to the highest level since late 2021, a possible sign the labour market might be loosening "enough to stave off a near-term rate hike. The underwhelming data…...
Space X reveals Musk company links, from Cybertrucks and jets to stock investments
1+ hour, 35+ min ago (457+ words) May 20 (Reuters) " Space X'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…...
Australia's Ionic Rare Earths inks deal with US-based Nth Cycle to boost output outside China
1+ hour, 29+ min ago (142+ words) 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 "rare earth…...
Shares rally on Nvidia earnings, Samsung strike suspension
1+ hour, 35+ min ago (575+ words) 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…...
Space X aims for 10, 000 annual launches within five years, FAA says
1+ hour, 31+ min ago (418+ words) ARLINGTON, Virginia, May 20 (Reuters) " Space X aims to reach 10, 000 launches annually within five years, but government officials will need to see improved reliability before approving such an expansion, the head of the Federal "Aviation Administration said on Wednesday. FAA Administrator…...
Rebels in Indonesia's Papua region kill 8, military says
41+ min ago (188+ words) JAKARTA, May 21 (Reuters) " Indonesia's military said on Thursday that armed separatists in the country's easternmost province "of Highland Papua killed eight "civilians in the region of Yahukimo. " In a statement, military official M. Wirya Arthadiguna condemned the killing of eight civilians…...
Tokyo Electron's Taiwan unit says it will not appeal ruling in TSMC trade secrets case
49+ min ago (124+ words) TAIPEI, May 21 (Reuters) - Tokyo Electron's Taiwan "unit told "Reuters in a written response on Thursday "that "it "respects the "judicial process, takes the court ruling seriously "and will not appeal "in "the TSMC "trade secret case. In "April, a Tai....
Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns
1+ hour, 56+ min ago (466+ words) By Sam Li and Lewis Jackson BEIJING, May 21 (Reuters) " Oil prices rebounded on Thursday after two days of losses on outstanding supply concerns because of the uncertain outlook for an end to the Iran war and a U. S. inventory draw "raised…...
BOJ's Koeda calls for rate hike at "appropriate pace'
1+ hour, 2+ min ago (217+ words) FUKUOKA, Japan, May 21 (Reuters) " Bank of Japan board member Junko Koeda said on Thursday the central "bank should raise interest rates at "an "appropriate pace" as underlying inflation may exceed its 2% target due to the prolonged conflict in the Middle…...
1 In 5 Jobs Faces High Risk Of AI Automation
49+ min ago (14+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...