23:49

Reserve Bank of Australia Lowers Interest Rate to 4.1%

The Reserve Bank of Australia (RBA) has cut its policy interest rate by 25 basis points to 4.1%, marking its first reduction since November 2020. The move follows a prolonged tightening cycle that saw rates rise from 0.1% to 4.35% between May 2020 and November 2023.

11:02
ENERGY

OPEC+ sticks to oil policy, ditches US government data

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts.

14:47

Instagram announces new video editing platform Edits

Instagram has announced Edits, a new mobile-focused video editing platform set to launch in February. The app arrives as TikTok and CapCut face regulatory challenges in the U.S., positioning Instagram as a stronger competitor in the video creation market.

15:03

Blue Origin achieves milestone with successful New Glenn launch

Blue Origin successfully launched its New Glenn rocket early Thursday, marking a key milestone in the satellite launch industry. The rocket, featuring a reusable first stage, lifted off from Cape Canaveral, positioning Blue Origin as a competitor to SpaceX in commercial space exploration.

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