Author: Press Room

Shares of BMW fell 7% on Tuesday after the German luxury carmaker issued a sweeping profit warning, citing worsening market conditions in China and the impact of geopolitical tensions in the Middle East.The decline pushed BMW shares to their lowest level since November 2020 and dragged other European automakers lower, with Volkswagen and Mercedes-Benz also coming under pressure as investors reassessed the outlook for the sector.The warning comes just weeks after Milan Nedeljkovic succeeded Oliver Zipse as chief executive, adding to scrutiny over the company’s strategy at a time when European automakers are grappling with structural changes in their largest…

The U.S. military attacked a boat accused of smuggling drugs in the eastern Pacific Ocean on Tuesday, killing one man and leaving two survivors, as the Trump administration continues its monthslong campaign against alleged traffickers in Latin America.The latest attack brings the number of people who have been killed in boat strikes by the U.S. military to at least 208 since the Trump administration began targeting those it calls “narcoterrorists” in early September.As with most of the military’s statements on strikes in the eastern Pacific Ocean and Caribbean Sea, U.S. Southern Command said it targeted the alleged drug traffickers along…

NEWYou can now listen to Fox News articles! LeBron James’ basketball future will once again loom over the NBA offseason.James’ free agency status this summer opens the door for him to potentially switch teams for the first time since 2018. But questions remain about whether will decide to play elsewhere or close the chapter on his storied career.As questions swirl about James’ future, ESPN reported that James representatives and the Lakers are engaged in talks the structure of a new contract. Lakers forward LeBron James stands on the court in the closing minutes of Game 4 in the second-round NBA…

St George Mining has locked in a jumbo $60 million capital raising to accelerate development at its world-class Araxá rare earths and niobium project in Brazil.The fresh funding package has landed just days after the company tabled a suite of impressive metallurgical results pointing to a simple processing route.Management says it received firm commitments for a two-tranche placement, with the offer price of 10 cents per share attracting strong support from high-quality institutional investors.In a powerful endorsement of the Araxá story, St George’s biggest shareholder, Gina Rinehart’s Hancock Prospecting, has committed $20 million to the raising. The backing comes hot…

SINGAPORE: Authorities are looking into a cyberattack on the Singapore-based Global Schools Foundation, which operates private schools through Global Schools Group in multiple countries, including Singapore.The Personal Data Protection Commission (PDPC), Singapore’s main data protection regulator, told CNA on Wednesday (Jun 17) that it is investigating the case.In addition, the Cyber Security Agency of Singapore (CSA) said on Jun 15 that its Singapore Cyber Emergency Response Team (SingCERT) had reached out to Global Schools to offer advice on securing its servers.Cybersecurity news websites BreachNews and DataBreaches.net have reported on the matter – with the first article appearing on Jun 11…

For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge metals.Now a startup wants to bring that same financial machinery to artificial intelligence.Silicon Data, a company that tracks pricing across cloud providers and GPU marketplaces, has partnered with CME Group to launch what could become the world’s first futures contracts tied to the computational power needed to run AI, allowing companies to hedge against fluctuations in the cost to train and run AI models. The contracts are still awaiting regulatory approval.Early signs suggest investor interest is quickly emerging. Within days…

US president has been at the centre of this year’s midterm campaigns in a test of his influence.Published On 17 Jun 202617 Jun 2026Georgia Republicans have delivered mixed results for United States President Donald Trump in the state’s primary elections, opting for the president’s preferred US Senate candidate but rejecting his choice for governor.Trump’s influence is being put to the test in this year’s midterm elections as four states and the District of Columbia held primaries on Tuesday.Recommended Stories list of 3 itemsend of listIn the Senate race, Republican Mike Collins, 58, topped former football coach Derek Dooley and advanced…

NEWYou can now listen to Fox News articles! Ohio Gov. Mike DeWine, a Republican, on Tuesday announced support for abolishing capital punishment in his state, reaffirming his change of heart on the policy he helped write as a legislator 45 years ago to reinstate the death penalty in Ohio.DeWine, who has repeatedly postponed executions during his time as governor, pointed to data showing that the death penalty does not serve as a deterrent to violent crime.”For the state to take a human life, there must, in my opinion, there must be evidence that in doing so it will help protect…

NEWYou can now listen to Fox News articles! A business jet crashed on a highway in Texas and caught fire on Tuesday night, killing one person, according to police.The plane was carrying six people when it crashed on Loop 20 in Laredo, Texas, shortly after 10 p.m., according to Jose Baeza, an investigator with the Laredo Police Department.Baeza also said a vehicle was struck by the aircraft. It was not immediately clear if the person killed was in the aircraft or on the ground.SMALL PLANE CRASHES NEAR HICKS AIRFIELD IN TEXAS, REPORTEDLY CAUSING MULTIPLE SEMI-TRUCK FIRES A business jet crashed…

Police in Medicine Hat say an 11-year-old child who went missing at Echo Dale Regional Park on Monday afternoon and was later airlifted to hospital has died. Staff Sgt. Darrel Lole said officers were called to the park, located on the city’s west side, shortly after 2 p.m. on Monday. Medicine Hat Police said officers responded to the park at 2:17 p.m. on Monday for reports of a missing child. Global News “The initial call for services was a missing person. Emergency services were deployed to the park including fire, police and EMS, as well we summoned upon Halo (helicopter…