Thermal Energy International Inc.
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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.
Gordon Brothers Buys Radley Brand, Closes 21 UK Stores, May 27
Gordon Brothers acquires Radley in pre-pack administration. 42 jobs lost, 21 UK stores closing by summer. Asset-light model planned.
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).
Three Arrested in International Athlete Burglary Ring, May 27
Chilean burglary ring arrested in Argentina for targeting NFL and NBA stars’ homes, stealing over $2 million in valuables.
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.
Santiago Airport Reopens After Month-Long Runway Overhaul, May 28
Santiago-Rosalía de Castro Airport reopens May 28 after runway renovation. 3.6 million passengers affected. UK flights resume.
SMI Extends Winning Streak to 11 Days on Iran Peace Hopes, May 27
SMI rises 0.43% to 13,583.56 points on May 27, extending 11-day winning streak. Iran peace hopes and AI earnings support Swiss equities.
FTSE 100 Rises 0.7% as Mining Stocks Surge on Iran Peace Hopes, May 27
FTSE 100 rises 0.7% on mining strength and Iran peace optimism. BP shares fall 4% after chairman ousted. Brent crude at $98.40.