Latest News
Vale Base Metals Accelerates IPO Timeline to Mid-2026
Vale Base Metals has moved up its target for potential IPO readiness to mid-2026, according to CEO Shaun Usmar. The unit is cutting costs and accelerating projects, though parent company Vale retains final listing authority.
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Bank Charter Push
Nu Holdings has secured naming rights for Inter Miami CF's new Miami Freedom Park stadium, branding it 'Nu Stadium' as the company pursues a U.S. national bank charter. The 26,700-seat venue opens April 4, with jersey branding starting in August.
Grab Faces Regulatory Pressure in Indonesia, Adjusts Malaysian Fintech Terms
Grab Holdings sets aside Rp100-110 billion for enhanced holiday bonuses for Indonesian drivers following a new government mandate. Separately, Grab Malaysia will increase monthly interest on new PayLater instalments to 1.25% starting March 9.
UK Auto Market Hits 22-Year February High, But EV Adoption Lags Mandate
UK new car registrations reached a 22-year high for February, climbing 7.2% to 90,100 units. However, battery-electric vehicle adoption at 24.2% remains significantly below the 2026 regulatory target of 33%.
NIO Weekly Orders Hit 2026 Peak, Shares Rally on Demand Surge
NIO's weekly new orders in China climbed to roughly 3,500 units in early March, marking the strongest weekly figure of 2026, according to Deutsche Bank channel checks. The EV maker's February deliveries rose 57.6% year-over-year to 20,797 vehicles.
Brazilian Banks Gain as Central Bank Eases Liquidity Crunch from Deposit Insurance Prepayments
Brazil's central bank announced a measure allowing banks to offset mandatory prepayments to the deposit insurance fund against reserve requirements, potentially unlocking R$30 billion in liquidity by 2026. Shares of major Brazilian banks, including Banco Bradesco, rose following the news.
Ford Recalls Over 600,000 U.S. SUVs for Wiper Motor Defect Amid Sales Slump
Ford Motor Company is recalling over 600,000 vehicles in the U.S. due to a windshield wiper motor defect that could impair visibility. The news follows a reported 5.5% drop in the automaker's February U.S. sales.
Nokia Partners with Telia to Pioneer AI-Enhanced 5G Network Trials
Nokia and Telia Finland are collaborating to develop and test AI-integrated radio access networks for 5G, aiming to improve performance and explore new revenue streams. The announcement coincides with a regulatory filing showing FMR LLC now holds over 5% of Nokia's shares.
Hong Kong Boosts Gold Hub Ambitions with Refiner Incentives, 2,000-Tonne Storage Goal
Hong Kong is rolling out new incentives to attract gold refiners and facilitate cross-border precious metals trade with mainland China, aiming to expand storage capacity beyond 2,000 metric tons. This push aligns with China's broader strategy to increase its influence in global gold pricing.
KOSPI Soars 10% on $68B Rescue, Oil Nears $84 Amid Iran-Israel Conflict
South Korea's KOSPI index jumped close to 10% following a major government intervention, while oil prices climbed toward $84 per barrel amid escalating Middle East tensions that are roiling global markets.
Ondas Secures $20M Border Drone Contract, Stock Rises
Ondas Holdings announced its Airobotics division received a $20 million initial purchase order as prime contractor for a national border-protection drone program, triggering development and phased deployment. The company's stock closed 4.9% higher.