Finance
Portugal is battling its most severe wildfire outbreak in recent years, with blazes consuming over 170,000 hectares of land as of August 17, 2025. According to Portugal Resident, the Portuguese government activated the European Civil Protection Mechanism on August 15 after weather conditions prevented firefighters from containing multiple active
Finance
According to Capacity Media, Foxconn plans to manufacture data center equipment in collaboration with SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio. SoftBank has purchased the Lordstown site for $375 million, with Foxconn Chairman Young Liu confirming that Foxconn will continue operating the facility through
Finance
The United States Department of Agriculture announced Friday a $750 million plan to build a sterile fly production facility in southern Texas. According to Associated Press, Agriculture Secretary Brooke Rollins revealed the facility will produce 300 million sterile New World screwworm flies weekly. The factory will be located at Moore
Finance
Ford Motor Company announced Monday its Universal Electric Vehicle Platform and production system. The automaker plans a five billion dollar investment across Louisville Assembly Plant and BlueOval Battery Park Michigan. The new platform will produce a midsize electric pickup truck starting at approximately thirty thousand dollars. CEO Jim Farley unveiled
Press Releases
Accra, Ghana –As ethical sourcing becomes a global flashpoint, especially in agriculture, Fedrok, a leader in blockchain-enabled climate and sustainability solutions, is showing how transparency can be enforced, not just promised. They have joined forces with FarmRight Ghana, a legally registered agribusiness operating under Ghanaian law since 2017, to launch
Finance
SPAR Switzerland has launched the country's first nationwide cryptocurrency payment system across retail locations. According to BTCPeers, the grocery chain now accepts over 100 cryptocurrencies and stablecoins at 100 stores, with expansion to 300 locations planned for the coming months. The rollout uses technology from Binance Pay and
Finance
According to CNBC, Eastman Kodak reported a net loss of $26 million in its second quarter 2025 earnings report, representing a 200% decline from the $26 million profit recorded in the same period last year. The 133-year-old company warned investors of "substantial doubt" about its ability to continue
Finance
Artificial intelligence startup Perplexity AI made an unsolicited $34.5 billion all-cash offer for Google's Chrome browser on Tuesday. According to CNBC, the three-year-old company confirmed the bid amount to purchase the world's most popular web browser. The offer comes as regulatory pressure mounts on Google
Press Releases
In a bold step toward accelerating the rise of a Bitcoin-native economy, BLIFE has acquired Beyond, a protocol that provides the only universal interoperability framework to bridge any asset from the Bitcoin L1 to over 100 chains and across standards, layers, and ecosystems. This acquisition marks a crucial milestone in
Finance
Environmental and Indigenous organizations gathered outside United Nations buildings in Geneva this week, demanding negotiators show courage and agree to a comprehensive global plastic pollution treaty. According to PBS NewsHour, these demonstrators represent organizations within the Break Free From Plastic movement. They traveled from around the world to make their
Finance
China has formally registered the Xinjiang-Tibet Railway Company with $13.2 billion in initial capital. According to Kashmir Observer, the state-owned company will oversee construction of a rail line connecting Hotan in Xinjiang to Lhasa in Tibet. The project represents one of the world's most ambitious rail undertakings.
Finance
Swiss pharmaceutical leaders Novartis and Roche have announced major expansions of their US manufacturing operations in response to President Donald Trump's escalating tariff threats. According to Le Temps, Novartis told NZZ am Sonntag that it aims to produce 100% of its most important medicines in the United States,