Wayve, a British startup specializing in autonomous vehicle technology, has taken a significant step by launching a new testing and development center in Japan. This expansion marks Wayve's entry into the Asian market, allowing the company to accelerate its AI-driven driving software development in collaboration with established automotive manufacturers.

Singapore-based Keppel $KPLIF has demonstrated fresh growth drivers by securing capital commitments from global institutional investors. On Monday, the company announced that its flagship funds have attracted approximately SGD 2 billion (around USD 1.53 billion) in capital commitments. This development underscores Keppel's commitment to innovation and sustainable investment in key sectors.

In a pivotal move on Thursday, the U.S. Federal Energy Regulatory Commission (FERC) approved BlackRock’s $BLK acquisition of large stakes in utility companies. This decision marks an important milestone for the world’s largest asset manager, setting a precedent amid concerns over its potential market influence.  

Alcoa $AA, a global leader in the aluminum industry, is facing significant headwinds stemming from recent US tariff decisions. According to company management, newly-imposed tariffs on aluminum imports from Canada are expected to cost the corporation approximately $90 million in the current quarter alone. This development highlights the increasing complexity of cross-border trade between the United States and Canada, casting uncertainty over the future of the aluminum sector as elevated costs reshape the market landscape.

Honda Motor Co., Ltd. $7267.T has announced a significant change in its production strategy by relocating the manufacturing of its five-door Civic Hybrid—destined for the US market—from Japan to its Indiana plant. This adjustment aligns with the growing industry trend of localizing production to better serve North American consumers, while also responding to the increasing demand for hybrid vehicles in the US.

In recent times, the US stock market has been under close scrutiny as trade disputes and rising tariffs have triggered sell-offs. Among the indicators catching the attention of market observers is the so-called “death cross.” Traditionally seen as a bearish sign, this technical signal occurs when the 50-day moving average (DMA) slips below the 200-day moving average—a metric used by analysts to gauge long-term trends. However, historical evidence suggests that even ominous signals are not always harbingers of prolonged downturns.

As the year draws to a close, Goldman Sachs anticipates a decline in oil prices driven by growing economic risks and increased oil supply from OPEC+. With mounting tensions on the global stage and an elevated risk of recession, the bank’s analysts are closely monitoring the dynamics of energy markets.

A recent breakthrough in the world of cutting-edge technology and artificial intelligence has caught the attention of analysts and industry experts. Silicon Valley venture giant Andreessen Horowitz is currently negotiating early-stage funding for Thinking Machines Lab, a startup founded by former OpenAI CTO Mira Murati. According to several reliable sources, the startup might be evaluated at a staggering $10 billion, positioning it among the most valuable new players in the generative AI sector.

In recent weeks the oil industry has experienced considerable changes driven by actions taken by both US authorities and Venezuela’s state oil company PDVSA. The revocation of several permits that once allowed American giant Chevron to load and export Venezuelan crude oil marks a pivotal moment in the evolving regulatory landscape. These measures come on the heels of US sanctions which have led to a broader tightening of control over Venezuelan oil exports—a move that has reshaped global supply chains and altered market dynamics.

The European Commission is poised to decide in the coming weeks whether Apple and Meta Platforms violated the Digital Markets Act (DMA). This decision could significantly impact the business models of these tech giants and redefine the competitive landscape of the digital market.  

The cryptocurrency market has once again found itself in turbulent waters. Bitcoin, the world's largest cryptocurrency, has experienced a sharp drop. As of 18:55 GMT, its price stood at $78,892.92, marking a 5% decrease. Ethereum, the second largest by market capitalization, has also seen a significant fall, dropping 9.62% to $1,617.65 by 18:59 GMT. These fluctuations raise serious questions about the current state of the crypto market, which continues to face persistent volatility.

In a groundbreaking move, Canadian telecommunications giant Rogers Communications has announced a 12-year broadcasting agreement worth 11 billion Canadian dollars (approximately 7.68 billion U.S. dollars). This deal secures the rights to broadcast all National Hockey League (NHL) games across every platform in Canada, marking a transformative shift in the country's sports media landscape.