TSMC $TSM May Return $6.6B CHIPS Act Funds Over US...
Key Takeaways TSMC has secured up to $6.6 billion in CHIPS Act funding to build three advanced chip fabs in Arizona, part of an escalating $165 billion US investment plan....
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Supreme Court allows Trump to block $783M NIH grants temporarily,...
Key Takeaways The US Supreme Court has approved a temporary suspension of $783 million in NIH grants, significantly affecting DEI-linked biomedical research funding. This ruling introduces uncertainty into the biotech...
Trump establishes Chief Design Officer and National Design Studio to...
Key Takeaways The U.S. has unveiled a new executive initiative establishing a Chief Design Officer and a National Design Studio to enhance public service aesthetics and functionality. Government services, including...
US State Department Doubles Visa Revocations to 40,000 by Aug...
Since January 2025, US visa revocations have surged to over 40,000 – more than double the same period in 2024 – with student and STEM-related visas heavily affected. Economic implications...
Honeywell $HON files Form 10 for Solstice Advanced Materials spin-off,...
Key Takeaways Honeywell is spinning off its advanced materials division into a new entity named Solstice Advanced Materials, aiming to enhance focus and unlock shareholder value. Solstice is projected to...
Intuit $INTU Q4 2025 EPS Beats at $2.75, Revenue Hits...
Key Takeaways Intuit exceeded expectations in Q4 2025 with adjusted EPS of $2.75 and revenue of $3.83 billion, driven by strong performance in its Small Business and Self-Employed segment. AI-powered...
Lucid $LCID Shareholders Approve 1-for-10 Reverse Stock Split to Boost...
Key Takeaways Lucid Group has approved a 1-for-10 reverse stock split, aimed at raising its share price and maintaining Nasdaq compliance. The move intends to attract institutional investors deterred by...
Trump administration begins 2025 review of 55 million US visa...
Key Takeaways The Trump administration’s visa review, targeting 55 million holders, marks an unprecedented escalation in immigration enforcement with widespread policy and economic consequences. Industries heavily reliant on foreign labour—such...
Russia rejects European troop deployment in Ukraine post-settlement, risking energy...
Key Takeaways Russia firmly opposes any foreign military presence in Ukraine post-settlement, viewing it as an extension of NATO influence and a potential trigger for further conflict. Several European nations,...
EU to cut US auto tariffs from 25% to 15%...
Key Takeaways Tariffs on vehicle imports between the US and EU may drop from 25% to 15%, potentially reshaping cross-border trade dynamics and supply chains. European carmakers could realise savings...
