Global Offshore Services Limited
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Sojitz Targets Profit Doubling by 2030 on Rare Earth Focus, May 28
Sojitz aims to double net profit by 2030 through rare earth elements and battery materials, reducing Japan’s dependence on Chinese supplies.
India’s First Hydrogen Train Gets Approval for Jind-Sonipat Route, May 27
Indian Railways’ first hydrogen-powered train for Jind-Sonipat route operates at 75 kmph with 1200 KW fuel cell, emitting only water vapor.
Galaxus Crypto Assets Face Regulatory Scrutiny in Switzerland, May 27
Swiss regulators scrutinize Galaxus crypto assets. GALAUSD falls 0.3%, GALAXYUSD down 85%, GALEONUSD drops 2.6% amid compliance concerns.
Galaxus Crypto Assets Tumble on May 27: GALAUSD Falls 0.3%
Galaxus crypto tokens weaken May 27: GALAUSD -0.3% to $0.00327, GALEONUSD -2.58% to $0.00603. Technical analysis shows oversold conditions.
Nvidia Boosts Taiwan Spending to $150B Annually, Stock Holds at $213.89
Nvidia increases Taiwan spending to $150 billion annually and plans new headquarters in Taipei by 2030.
SpaceX IPO Filing Shows $1.75T Valuation, Starlink Profit Surge on May 27
SpaceX S-1 filing shows $1.75T valuation, Starlink’s $11.4B 2025 revenue, June 12 Nasdaq IPO, and xAI merger cash burn concerns.
Brent Crude Falls Below $100 as Iran Peace Talks Gain Traction, May 27
Brent crude falls 1.6% to $98.01 as investors expect Iran-US peace talks to reopen the Strait of Hormuz. WTI drops 4.5% to $89.89.
Coal India OFS Opens May 27: Government Sells 2% Stake at ₹412 Floor Price
Government divests 2% Coal India stake via OFS at ₹412 floor price, targeting ₹5,000 crore. Bidding: May 27 (non-retail), May 29 (retail).
Silver Prices Swing Wildly on Iran Tensions, May 27
Silver prices fluctuate amid US-Iran tensions and geopolitical uncertainty. Analysts expect continued volatility as oil and rate expectations shift.