The uranium market saw a flurry of activity in 2024, from setting 17 year highs to seeing an additional six countries join the original 25 countries committing to tripling nuclear power by 2050 at COP29. The energy fuel also played a prominent role in the US tech sector’s clean energy…
Bitcoin hit a new record high of US$107,554 on December 16 following growing interest in Bitcoin as a potential reserve asset. The speculations were spurred by a statement from US President-elect Donald Trump about creating a strategic reserve for cryptocurrencies. “We’re going to do something great with crypto because we…
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said Friday. A former top partner at McKinsey, Martin Elling, also agreed to plead guilty to…
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving the failed content startup. Carlos Watson was facing a maximum of 37 years in prison after his July conviction on securities and wire fraud charges. Prosecutors had sought…
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown more discerning about how they spend their dollars. “I’ve been eating out less this year — it tastes just as good, and it’s way…
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related infrastructure projects. The effort, first reported by CNBC, will attempt to create 100,000 jobs over four years. Trump and Son announced a similar…
Israel’s Foreign Minister Gideon Sa’ar announced the closure of the country’s embassy in Ireland on Sunday, accusing Ireland of “extreme anti-Israel policies.” “The actions and antisemitic rhetoric used by Ireland against Israel are rooted in the delegitimization and demonization of the Jewish state, along with double standards. Ireland has crossed…
Milei, who has three Italian grandparents who emigrated to Argentina in 1926, before he was born, was accorded it on the grounds of “ius sanguinis,” or his bloodline, the spokesperson said. Milei’s sister and political adviser Karina Milei was also granted Italian citizenship during the visit to Rome, during which…
Israeli Prime Minister Benjamin Netanyahu said Sunday that he had a “very warm” phone call with US President-elect Donald Trump, during which they spoke about the need for Israel’s victory in its war on Hamas in Gaza and its stance on Syria. In a video statement, Israel’s leader said he…
The death toll in the French territory of Mayotte from Cyclone Chido is “several hundred” and may run into the thousands, the island’s top government official told a local broadcaster Sunday. France rushed rescue teams and supplies to its largely poor overseas department in the Indian Ocean that has suffered…