Author: Admin

BILLINGS, Mont. — BILLINGS, Mont. (AP) — A federal judge on Wednesday dismissed a lawsuit from young climate activists seeking to block President Donald Trump’s executive orders promoting fossil fuels and discouraging renewable energy.U.S. District Judge Dana Christensen said the plaintiffs showed overwhelming evidence climate change affects them and that it will worsen as a result of Trump’s orders.But Christensen concluded their request for the courts to intervene was “unworkable” because it was beyond the power of the judiciary to create environmental policies.The 22 plaintiffs included youths who prevailed in a landmark climate trial against the state of Montana in…

[TOKYO] On Thursday (Oct 16), Sanae Takaichi, the newly-elected head of Japan’s ruling Liberal Democratic Party (LDP), held talks about a possible coalition with leaders of the right-leaning Innovation Party. This was in a bid to clinch a prime ministerial vote expected to happen next week.The Nikkei share average rose as prospects appeared to brighten for her to become Japan’s first woman premier, stoking bets on a revival in big spending and loose monetary policy.Takaichi’s path to succeed Prime Minister Shigeru Ishiba had seemed all but certain until the LDP’s junior partner, Komeito, quit their 26-year coalition last week, setting…

Salesforce shares jumped more than 6 per cent in premarket trading on Thursday, after the company forecast faster revenue growth in the coming years, easing concerns that AI tools were eroding demand for its software.The Marc Benioff-led company had posted its first revenue decline in about three years earlier this year, sparking fears that businesses focused on AI investments were cutting back on what has long been essential customer management software. That had knocked its stock by more than a quarter in 2025 so far.But the company’s better-than-expected forecast of more than $60 billion revenue in 2030 allayed some of…

China says it notified the US before unveiling its new licensing rules, which align with global norms[BEIJING] China on Thursday (Oct 16) accused the US of stoking panic over its rare earth controls and said Treasury Secretary Scott Bessent had made “grossly distorted” remarks about a top Chinese trade negotiator, rejecting a White House call to roll back the curbs.The official newspaper of the governing Communist Party also issued a seven-point rebuttal after top US negotiators suggested Beijing could avert President Donald Trump’s threat to impose 100 per cent tariffs on Chinese goods by scrapping the measures set to take…

When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft of gross floor area [SINGAPORE] Extra Space Asia (ESA), the self-storage platform managed by real asset manager CapitaLand Investment (CLI), is investing close to S$100 million into its flagship Singapore development and the acquisition of three facilities in Tokyo.The Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million square feet (sq ft) of gross floor area (GFA) upon its expected completion by 2028, CLI said on Thursday (Oct 16). Patricia…

BOSTON — BOSTON (AP) — President Donald Trump has threatened to relocate World Cup matches set to be played next year in suburban Boston, after suggesting that parts of the city had been “taken over” by unrest.Foxborough, Massachusetts, home to the NFL’s New England Patriots and about 30 miles from Boston, is set to stage matches as the U.S. cohosts the 2026 World Cup with Mexico and Canada. Trump was asked about Boston’s mayor, Michelle Wu, a Democrat whom he called “intelligent” but “radical left.”“We could take them away,” Trump said of the World Cup games. “I love the people…

The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue[SINGAPORE] Shares of Nio tumbled 9.5 per cent after Singapore’s sovereign wealth fund GIC on Thursday (Oct 16) filed a lawsuit against the Chinese electric vehicle (EV) maker and its top executives. The suit alleges that Nio unlawfully recognised immediate revenue of more than US$600 million from a battery asset and leasing joint venture, Weineng Battery Asset, which was actually controlled by Nio and which it failed to disclose. Shares of Nio on the Singapore Exchange dropped as much as 13.8…

BENGALURU :India’s second-largest software services exporter Infosys narrowed its revenue growth forecast for the year on Thursday to 2 per cent-3 per cent from 1 per cent-3 per cent, even amidst slowing demand in a challenging macroeconomic environment.The company reported second-quarter revenue that beat average analyst estimates on the back of strong performance in its financial services and manufacturing verticals.It’s consolidated sales rose 8.5 per cent on-year to 444.9 billion rupees ($5.06 billion) in the September quarter. Analysts, on average, expected 439.29 billion rupees, as per data compiled by LSEG. ($1 = 87.8590 Indian rupees)

Stories you might have missedGIC sues China EV maker Nio, top execs for allegedly inflating revenues of at least US$600 millionIT’S accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary shares.Review under way to simplify Singapore’s foreign law firm licensing framework, strengthen local practice independenceCOMMITTEE addressing concerns that the current system is too complex.Industrial property developer Soon Hock Enterprise opens 8.6% above IPO price in mainboard debutBT in your inboxStart and end each day with the latest news stories and analyses delivered straight to your inbox.Sign UpSign UpIT STARTED trading…

WASHINGTON — WASHINGTON (AP) — President Donald Trump on Wednesday welcomed nearly 130 deep-pocketed donors, allies and representatives of major companies for a dinner at the White House to reward them for their pledged contributions to a massive new ballroom.The ballroom, whose price tag is now estimated at $250 million, is the most significant renovation that Trump, a former real estate mogul, is undertaking during his second term at the White House.All four sides of the ballroom — which Trump said will be large and grand enough to hold even a presidential inauguration — will be made of bulletproof glass,…