We may be rapidly approaching a future where the cars you buy will be made by humanoid robots. The humanoids market is likely to reach US$5 trillion by 2050, Morgan Stanley Research has projected, with more than one billion humanoids being used at that time. Leading companies have planned to introduce their humanoids in manufacturing, including automakers like Hyundai and Tesla. While some U
United States President Donald Trump said the U.S. should play a role in determining Iran’s next leader, while also signalling support for Iranian Kurdish forces launching attacks against Iranian security forces. In a telephone interview with Reuters on Thursday, Trump said Washington would need to be involved in selecting Iran’s future leadership following the killing of Supreme Leader Ayatoll
For a country that has spent the better part of a decade being told it is sitting on a strategic minerals fortune, Canada has been slow to deploy capital at scale, and at the world's largest mining conference in Toronto this week, the government moved to close that gap. Canadian Energy Minister Tim Hodgson tabled a C$2 billion Critical Minerals Sovereign Fund, a $1.5 billion First and Last Mile
Costco beat revenue and earnings estimates last quarter as comparable sales rose, but flagged an uncertain tariff landscape in the United States after February’s Supreme Court ruling. Revenue was up 9.2% to US$69.60 billion in the quarter to 15 February, beating Zacks estimates of $69.24 billion. Earnings per share came in at $4.58, rising from $4.02 and surpassing estimates of $4.55. “The f
Two former senior executives of Star Entertainment (ASX: SGR) breached their duties in their handling of money laundering and criminal activity risks at one of Australia’s major casinos, a court has found. The Federal Court found former Chief Executive Officer and Managing Director Matthias Bekier and former Chief Legal & Risk Officer Paula Martin breached their duties under section 180 of the
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Berkshire Hathaway has resumed share buy-backs for the first time in almost two years as new Chief Executive Officer (CEO) Greg Abel begins to reshape the investment conglomerate after taking over from legendary investor Warren Buffett. The repurchases that started this week for the first time since May 2024 show the company believes its shares are trading below their intrinsic value and allow
Airlines and travel groups have warned that travel could once again be impacted by governmental stalemates. Congress failed to reach a deal on reforming immigration enforcement before funding ceased for Homeland Security on 13 February, with the Transportation Security Administration (TSA) falling under that department. As a result, approximately 50,000 TSA employees, responsible for airport
The Republican controlled House voted to reject a resolution that would restrict United States President Donald Trump’s war powers against Iran. This comes just a day after the Senate blocked a similar war powers resolution. Both actions together represent an authorisation by Congress for Trump to carry on his military strikes in Iran, even though a majority of Americans say they oppose the
United States cryptocurrency legislation has stalled in the Senate as banks said they opposed crypto companies offering yields. The Clarity Act, another cryptocurrency regulation bill following last year’s Genius Act, includes a provision allowing crypto businesses to offer yield-bearing products. While the White House has recommended a compromise that would mainly allow yields on crypto in pee
Anthropic CEO Dario Amodei has returned to negotiations with the United States Department of Defense, days after talks collapsed and the White House directed federal agencies to stop using the company's AI tools. Amodei is in discussions with Emil Michael, under-secretary of defence for research and engineering, in an attempt to salvage the relationship, the Financial Times reported, citing ano
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Proprietary Authentication Technology - Acquisition Opportunity
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Black Salmon - Industrial
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This asset class is exhibiting record-breaking demand. The growing U.S. population is accelerating the need of all categories of industrial space, including manufacturing, distribution, cold-storage a...
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Black Salmon -Multifamily
Managed fund
Multifamily Geographically diversified portfolio with a focus on the Sunbelt region. Markets with population growth and low unemployment rates, with a growing and diversified economy. Value-add prope...
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