Author: Press Room

GameStop stock price will be in the spotlight on Monday as the company makes a leveraged bid for eBay, the e-commerce pioneer. GME stock jumped by over 6% on Friday, reaching its highest point since October last year. Similarly, eBay jumped to $104 from the weekly low of $96 billion.GameStop makes a leveraged bid for eBayGameStop, a company valued at $12 billion, has made a $56 bid to buy eBay, a company whose market capitalization jumped to $46 billion on Friday. Its goal will be to buy it in a $56 billion deal, according to Ryan Cohen.While such a deal…

“The first thing we need to do is to upgrade all those infrastructures (but) upgrading infrastructure is not a day’s job. (It) might take one or two years to complete (and) also involves high capital expenditure,” he said. About 600 million ringgit (US$151 million) is needed to upgrade the terminals and infrastructure to meet a B30 mandate. SUPPLY AND COST ADVANTAGE There are about one million diesel vehicle owners in Malaysia, including users of pick-up trucks, vans, buses and SUVs, underscoring the scale of the shift. Despite infrastructure constraints, industry players say supply is sufficient. The Malaysian Biodiesel Association (MBA) estimates producers can supply an…

Shares of Blue Owl, the private credit firm at the center of recent jitters over exposure to software companies, jumped 10% in trading Thursday after executives disclosed sizable gains tied to SpaceX. “We made about 10 times our money on that investment,” an executive said on the firm’s first-quarter earnings call.Blue Owl has already sold roughly half its position at a $1.25 trillion valuation and continues to hold the remainder, he said.The call was hosted by Marc Lipschultz, co-chief executive officer, and Alan Kirshenbaum, chief financial officer. It wasn’t immediately clear which executive spoke specifically about the SpaceX investment.The gains…

NewsFeedTens of thousands of partygoers gathered for an illegal “free party” at a military firing range near Bourges, despite warnings about unexploded World War II ordnance. Authorities warned of serious risks, while organisers said the event was attended by 40,000 to protest against proposed laws targeting unregistered raves.Published On 4 May 20264 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

NEWYou can now listen to Fox News articles! Secretary of State Marco Rubio is going viral — not for diplomacy, but for stepping behind a DJ booth at a family wedding and hyping up the crowd in a clip shared online that’s quickly gaining attention.The video, posted by White House Deputy Chief of Staff Dan Scavino on X, shows Rubio wearing headphones and standing behind a DJ setup, leaning over the controls as music plays and guests dance nearby.At several points, he pumps his fist, nods along to the beat and appears to cue up the next track, drawing cheers…

Foreign Minister Penny Wong says Australia is “engaging very closely” with the US after President Donald Trump announced American warships would escort merchant vessels through the Strait of Hormuz.Mr Trump on Sunday (Monday AEST) said governments “from all over the world … have asked the United States if we could help free up their Ships, which are locked up in the Strait of Hormuz”.“They are merely neutral and innocent bystanders!” he posted on social media.“For the good of Iran, the Middle East, and the United States, we have told these Countries that we will guide their Ships safely out of…

NEWYou can now listen to Fox News articles! One of baseball’s oddest situations led to a controversial out call at first base in Sunday afternoon’s matchup between the Los Angeles Angels and New York Mets.Mets star outfielder Juan Soto grounded a ball to first base when Nolan Schanuel, and the fielder had the ball stuck in the webbing of his glove — the oddity in question.Schanuel was trying to turn a double play, but after realizing he couldn’t get the ball out of his glove, he decided to try to get Soto at first base to ensure an out. Juan…

blinking-dotLive updatesLive updates, Iran protests as Trump announces ‘Project Freedom’ to escort stranded ships out of the Strait of Hormuz.Published On 4 May 20264 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

Former New York City Mayor Rudy Giuliani has been hospitalized and is in “critical but stable condition,” his spokesperson, Ted Goodman, said in a statement Sunday.”Mayor Giuliani is a fighter who has faced every challenge in his life with unwavering strength, and he’s fighting with that same strength now,” Goodman said. “We do ask that you join us in prayer for America’s Mayor Rudy Giuliani.”There was no immediate reason given for the 81-year-old’s hospitalization. Giuliani last year suffered broken vertebrae along with “multiple lacerations and contusions, as well as injuries to his left arm and lower leg” after a car he…

The S & P 500 kept its record run alive last week, boosted by a strong batch of earnings reports that showed the artificial intelligence spending boom isn’t slowing down. Even more earnings are on the way in the coming week. Plus, the jobs market will be under the microscope. The market’s blistering rally in recent weeks has occurred despite continued disruptions to global energy supplies in the Middle East. Enthusiasm for the AI trade and signs of a resilient U.S. economy have triumphed over worries about elevated oil prices. This tension remains something to keep an eye on. But…