SpaceX sparks Taiwanese anger over supplier relocation request

A rare opportunity has emerged for Ferrari enthusiasts and custom car builders as a dealer in China lists a Ferrari 458 Italia body shell for sale. Priced at $50,456, with an additional $3,489 for packaging and shipping, this shell is capturing attention from restoration experts and hobbyists alike. The package includes the entire body shell, doors, front and rear bumpers, headlamps, taillights, and both the front and rear windshields. Photos shared on social media suggest that these parts are i

Naoki Hyakuta, the leader of Japan's Conservative Party, stirred controversy on Friday by suggesting that women should be barred from marriage after age 25 and that they should undergo hysterectomy by 30. In his now-deleted YouTube livestream, Hyakuta also proposed that women should not be permitted to attend university from age 18 so they can purportedly focus more on having children. Sumie Kawakami, a lecturer at Yamanashi Gakuin University, also expressed shock, telling the South China Morning Post, "I cannot believe that a Japanese politician has said such a thing."

MANILA (Reuters) -Philippine President Ferdinand Marcos Jr said on Thursday his government would not block the International Criminal Court (ICC) if former leader Rodrigo Duterte wants to be investigated for alleged crimes against humanity in his anti-drugs crackdown. The Philippines will not cooperate with the ICC but it has obligations with Interpol, Marcos told reporters. Marcos' remarks follow a marathon congressional hearing on Wednesday during which Duterte, president from 2016-2022, refused to apologise for his role in the bloodshed and urged the ICC to start its investigation.

Thirty-five people were killed and 43 were injured after a man rammed his car into crowds at a sports center in the city of Zhuhai in China's Guangdong province on Monday. What happened: The tragedy unfolded at around 7:48 p.m. when Fan's SUV crashed into multiple fitness walking groups at the Zhuhai People's Fitness Plaza, striking victims across the sports field's circular track. The rampage occurred just before Zhuhai was set to host the Zhuhai Airshow, China's largest aviation exhibition, on Nov. 12-17.

Dozens of soldiers and police fanned out across a neighborhood on a recent night in the Turks & Caicos Islands just days after the archipelago reported a record 40 killings this year. "Rest assured, we remain committed to disrupting the flow of illicit guns," Police Superintendent Jason James said hours later.

Paris prosecutors on Wednesday requested a 2-year prison sentence for far-right leader Marine Le Pen and an additional 5-year period of ineligibility to run for office, in a trial over the suspected embezzlement of European Parliament funds where her ability to participate in the 2027 presidential race is at stake. The National Rally party and 25 of its officials, including Le Pen, are accused of having used money intended for European Union parliamentary aides to instead pay staff who worked for the party between 2004 and 2016, in violation of the 27-nation bloc's regulations. The National Rally was called the National Front at the time.

Brazil launched what it called a social summit Thursday ahead of next week's Group of 20 meeting of top economies, the first such event focused on drawing civil society input ahead of the main annual summit. Foreign Minister Mauro Vieira said 40,000 people from G20 countries were expected to attend meetings and panels through Saturday in revamped warehouses of downtown Rio de Janeiro's port area and nearby Museum of Tomorrow. The main summit takes place in Rio on Monday and Tuesday.

Australian grocers Woolworths and Coles said on Friday they would defend class action proceedings commenced by a law firm in federal court over alleged misleading discount claims. The comments sent shares of Woolworths up as much as 1.1%, logging their best intraday percentage gain since Nov. 8, while Coles rose 1.2%, on track for its best day since Nov. 8. On Thursday, Gerard Malouf & Partners launched a lawsuit against the country's two biggest supermarkets, accusing the duo of promoting misleading discount claims on daily-use products.

The go-global strategy of Chinese electric vehicle (EV) makers has hit speed bumps after Beijing warned them not to invest in certain markets and a battery maker's failed US$4 billion plan for production in Germany provided a bitter lesson. Companies are realising that cost advantages and a grasp of core technologies are not enough to guarantee the success of multibillion-dollar investments in countries where consumers are not yet familiar with Chinese EV brands. Insufficient knowledge of the le

China's southern tech hub Shenzhen spent a record amount on research and development (R&D) last year, rivalling Beijing's level and vastly exceeding that of neighbouring Hong Kong to cement its position as a national research mecca. Shenzhen's R&D expenditure jumped to 223.66 billion yuan (US$30.93 billion) in 2023, surpassing the 200-billion-yuan mark for the first time and up by nearly 19 per cent from the previous year, according to government data released last week. R&D made up just under 6

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world's largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects the business of developing and managing "zero carbon" electric grids could be "ten times" larger than supplying electric-vehicle batteries, a market CATL now leads with a 37% global share. CATL, he said, aims to build independent energy systems big enough to power a massive data center or even a city.

Stellantis does not plan to close plants or make mass redundancies in Italy, an executive at the automaker said on Thursday during talks organised by the Italian government to address concerns about the country's car industry. Industry Minister Adolfo Urso hosted the meeting in Rome with industry representatives and trade unions, as the Italian auto industry grapples with falling output and idle plants, and sales of Stellantis' Italian brands Fiat, Alfa Romeo and Lancia are shrinking.

Brazilian planemaker Embraer said on Wednesday at China's largest air show in Zhuhai that it planned to focus on strengthening its supply chain, with Chinese companies able to play a role. Embraer is the world's third-largest planemaker and focuses on up to 150-seat single-aisle regional and executive aircraft, sitting just below Airbus' and Boeing's best-selling A320 and 737 families and rivalling the Airbus A220. At Zhuhai, Embraer's chief commercial officer, Martyn Holmes, noted that China's President Xi Jinping would soon visit Brazil.

(Reuters) -Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as a persistent slowdown in the world's second-largest economy pressured consumers to keep a tight hold on their purse strings. A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in China, hurting retail sales and resulting in a bruising price war among major e-commerce platforms. JD.com has been working to improve its share of sales from high-growth livestreamed e-commerce, as well as exploring international business growth, but trails rivals such as Alibaba in livestreaming and Temu-owner PDD Holdings in tapping overseas sales.

We recently published a list of UBS' Top Quant Stocks In AI, IT, Healthcare & Other Sectors: Top 33 Stocks In All Sectors. Oil prices rebounded slightly on Wednesday on short-covering a day after they fell near a two-week low on OPEC's reduced demand forecast, but gains were limited as the dollar hit a seven-month high. Brent crude futures settled up 39 cents, or 0.5%, to $72.28 a barrel. On Tuesday, the benchmarks closed at their lowest level in nearly two weeks after the Organization of the Petroleum Exporting Countries lowered its global oil demand growth forecasts for 2024 and 2025, citing weak demand in China, India, and other regions.

E-commerce retailer Amazon (AMZN) has launched the beta for a new discount storefront, Amazon Haul, focused on selling items $20 and below. This positions Amazon to better compete with low-cost Chinese retail sites Shein and Temu. Julie Hyman and Josh Lipton discuss Amazon's newest service. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.

CFRA Research Energy equity analyst and deputy research director Stewart Glickman joins Asking for a Trend to discuss his outlook on oil prices (BZ=F, CL=F). Glickman forecasts "mediocre" crude oil pricing for 2025, projecting WTI crude at around $65 per barrel and Brent crude at "somewhere close to $70." He notes that the current price range is likely to persist. However, he cautions that this outlook is "not great news for energy investors." He points to record-high oil production levels, which he expects to plateau in the coming year. "Couple that with a wobbly demand outlook, and I don't think it's great for pricing," Glickman explains. He tells Yahoo Finance that oil markets "haven't really found a sustainable path towards much higher oil prices." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith

Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India. This brings together Reliance's JioCinema business with Disney's Star India, which houses Disney+ Hotstar, under one roof. No name has been set for the joint venture just yet, but it is now operational after approval from the ...

In the last week, the United States market has stayed flat, but it is up 33% over the past year with earnings forecast to grow by 15% annually. In this environment, identifying high growth tech stocks requires a focus on companies that demonstrate strong innovation and adaptability to capitalize on these favorable conditions.

Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region's airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say. "The supply chain issue is the biggest challenge the industry is facing," Subhas Menon, the director general of the Association of Asia Pacific Airlines (AAPA) said at the trade body's annual meeting in Brunei this week. Thai Airways CEO Chai Eamsiri said servicing the Rolls-Royce engines on its Boeing 787 jets used to take around three months, but that has blown out to about six.

The global markets have been experiencing a surge, with U.S. stocks reaching record highs following a Republican electoral victory that has sparked hopes for growth and tax reforms. Amidst these developments, the concept of penny stocks remains relevant as they offer unique opportunities in smaller or newer companies. With strong financial foundations, these stocks can provide significant growth potential and uncover hidden value for investors seeking to capitalize on market dynamics.

As global markets react to the recent U.S. election results, with major indices like the S&P 500 reaching record highs, investors are closely watching how potential policy changes might impact economic growth and inflation. In this evolving landscape, dividend stocks can offer a steady income stream and may provide a buffer against market volatility, making them an attractive consideration for those seeking stability amidst uncertainty.

Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse in the country's streaming and television markets. The deal, proposed in February, brings together Disney Star with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India's streaming market and roughly half of television viewership in the South Asian nation, according to analysts. Reliance, which has agreed to invest $1.4 billion in fresh capital, will control the joint venture, it said in a statement on Thursday.

(Bloomberg) - Venture Global LNG Inc. is planning to file as soon as this week for an initial public offering that could raise more than $3 billion, according to people familiar with the matter.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona Elections Signal Rob

Former United Nations Ambassador Nikki Haley said Wednesday that President-elect Trump knew she did not want to serve in his second administration when he publicly announced over the weekend that he would not be offering her a job. "I will not be inviting former Ambassador Nikki Haley, or former Secretary of State Mike Pompeo, to...

IRVING, Texas – Slap! All that's left for Jake Paul and Mike Tyson is the fighting after the two men stepped on the scale and faced off Thursday at the ceremonial weigh-ins ahead of their boxing match. Tyson, 58, weighed in at 228.4 pounds for...