The first General Dynamics F-16 Fighting Falcons received by Ukraine fly on the Day of Ukrainian Air Force on August 4, 2024 in Unspecified, Ukraine. At the event for the Day of Ukrainian Air Force with the participation of President of Ukraine Volodymyr Zelenskyi, the first General Dynamics F-16 Fighting Falcons received by Ukraine were demonstrated. (Photo by Vitalii Nosach/Global Images Ukraine via Getty Images)Vitalii Nosach | Global Images Ukraine | Getty ImagesAfter the election of Donald Trump and a Republican sweep of both chambers of Congress, the risk of the United States cutting its funding for Ukraine is a…
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President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.Kevin Lemarque | ReutersPresident Xi Jinping sent a strong signal this week that Beijing was ready to work with U.S. President-elect Donald Trump to resolve trade disputes amid risks of a potential trade war.In a letter to the U.S.-China Business Council on Thursday, Xi said the two sides should “choose dialogue over confrontation, win-win cooperation over a zero-sum game,” while reiterating his commitment to open up the China market for foreign companies, including U.S.…
Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC. Andrew Harnik | Getty ImagesThe head of the Federal Aviation Administration, Mike Whitaker, said Thursday he will step down Jan. 20, the day President-elect Donald Trump takes office, leaving the key agency that oversees Boeing and the U.S. airline industry again without a leader.Whitaker was confirmed to serve a five-year term as FAA administrator in October 2023. He set production…
A coffee cup with a printed message from Salvadoran President Nayib Bukele’s X account is pictured at Franco’s Pupusa restaurant in San Salvador on July 17, 2024.Marvin Recinos | Afp | Getty ImagesA record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years for one of the world’s most traded commodities to recover.Arabica coffee futures with March delivery hit a fresh intraday high of 348.35 cents per pound on Tuesday, notching their highest level in nearly 50 years. The contract has since cut some of its gains but remains up…
Single fibers of a fiber optic cable.Oed | ullstein bild | Getty ImagesSingaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region’s data centre industry, people familiar with the discussions said.Southeast Asian countries, a major junction for cables connecting Asia to Europe, are seeking to expand their networks to meet booming demand for AI services and data centres. Vietnam alone plans to have 10 new submarine cables by 2030.Undersea cables are at the centre of the Sino-American tech war, with the two powers vying to win contracts, especially in Asia, to…
A customer walks by a display of fresh eggs at a grocery store on Sept. 25, 2024 in San Anselmo, California.Justin Sullivan | Getty ImagesIt’s déjà vu for grocery shoppers, as the price of those Grade A eggs has spiked in recent months, just two years after egg prices soared to record highs.The average retail price of eggs in the U.S. has risen 38% since November 2023, according to consumer price index data issued Wednesday. Prices rose 8% last month alone.A carton of a dozen large Grade A eggs cost $3.65 in November, up from $2.14 a year earlier, according…
A vessel identified by the Philippine Coast Guard as “Chinese maritime militia” (back R) and a China Coast Guard vessel (front R) sailing near the Philippine military chartered Unaizah May 4 (L) during its supply mission to Second Thomas Shoal in the disputed South China Sea on March 5, 2024. Jam Sta Rosa | Afp | Getty ImagesChina accused the Philippines on Friday of having “provoked trouble” in the South China Sea with U.S. backing, a week after Beijing and Manila traded accusations over a new confrontation in the disputed waters.”The Philippine side, with U.S. support and solicitation, has been stirring…
AI adoption is on the rise in Singapore, with 52% of workers in the country using the technology in their jobs, according to Slack’s new Workforce Index.Primeimages | E+ | Getty ImagesThe use of artificial intelligence has grown across industries globally, but there is still some confusion over how to properly use the technology at work.In Singapore, 52% of employees are using artificial intelligence in their jobs, according to Slack’s Workforce Index, which in August surveyed over 17,000 workers across 15 countries, including 1,008 in Singapore.The demand for AI talent in the country has grown. There has been a 4.6x…
The ‘Fast Money’ traders talk Apple hitting a record close and what that means for the company. Source link
Major League Baseball super agent Scott Boras just negotiated the biggest contract of his life.On Thursday, the New York Mets signed 4-time All-Star Juan Soto to a record-breaking $765 million, 15-year contract. It’s the largest deal in professional sports history.Soto will be the first player in the MLB to earn more than $50 million in a single season.”Half the league wanted to participate in this,” Boras told CNBC’s “Power Lunch.” “So many teams were seeking this rare value, because in the end, it was just good business to acquire it.” Boras talked about the difficult decision Soto and his team…
