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Pentagon suppliers urge delay on China rare earth magnet ban for US military contracts.

Market News
18 May 2026
Namrata Sen
View Source
Neutral
pluang ai news

US defense contractors are requesting a postponement of the January 1, 2027 ban on sourcing rare earth magnets from China for military contracts. These magnets, crucial for advanced weapons and tech products, are currently dominated by Chinese production. The ban aims to reduce US reliance on China amid supply chain risks and geopolitical concerns. The Trump administration is pushing for stricter enforcement of sourcing rules and has launched initiatives like Project Vault to build a domestic critical minerals stockpile. The delay request reflects challenges in quickly shifting supply chains away from China.

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Indian court orders Apple to fully cooperate in antitrust probe over App Store fees

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AL Sydbank buys back 36,000 shares in week 20 as part of DKK 1.1bn buyback plan

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AL Sydbank buys back 36,000 shares in week 20 as part of a 1.1 billion DKK buyback program.

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PropTech market to grow to $165B by 2035, driven by AI, smart buildings, and cloud tech adoption.

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ISS A/S continues share buyback, reducing treasury shares to 1.41% of total capital

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ISS A/S announced ongoing share buyback activities under a programme started in February 2026, aiming to redistribute excess cash to shareholders and reduce share capital. The company has repurchased shares worth DKK 584 million so far and recently r...

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