VfL Wolfsburg, fighting to avoid relegation in the Bundesliga, is close to signing Hertha BSC captain Fabian Reese. The clubs have agreed on personal terms, with the transfer fee expected between €8 million and €10 million, above Reese's market value but below Hertha's initial demand. Reese, who joined Hertha on a free transfer in 2023 and has scored 30 goals in 82 games, is seen as a key player to help Wolfsburg survive. The deal is in its final negotiation phase, reflecting both Wolfsburg's urgent need and Reese's ambition to play in Germany's top league.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
