Nikkei falls from record as tech shares retreat; Topix rises

Nikkei falls from record as tech shares retreat; Topix rises

[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam. The benchmark Nikkei 225 Index fell 0.4 per cent to close at 54,110.50, snapping a three-day rise that took the gauge to an all-time…

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Uvalde victim’s sister banned from ex-school cop’s child endangerment trial after outburst: ‘Who went into the fatal funnel?’

Uvalde victim’s sister banned from ex-school cop’s child endangerment trial after outburst: ‘Who went into the fatal funnel?’

The emotional sibling of a Uvalde school massacre victim was barred from a Texas courtroom when she disrupted the child endangerment trial of a former police officer Tuesday, telling the court that her sister used her body to protect her students in the “fatal funnel” before law enforcement. “You know who went into the fatal…

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Cooper Flagg exits with ankle sprain in Mavericks nightmare

Cooper Flagg exits with ankle sprain in Mavericks nightmare

Cooper Flagg left Wednesday’s game against the Nuggets with a left ankle sprain, causing concerns among Mavericks fans.  The injury occurred in the first half while he was defending Denver’s Peyton Watson and moving laterally before losing his footing and went tumbling down to the floor.  Flagg looked to be in immediate pain, grabbing at…

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Lucid set to start manufacturing cars in Saudi Arabia in 2026

Lucid set to start manufacturing cars in Saudi Arabia in 2026

The company has also struggled more broadly with profitability and production challenges [RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks to drive the kingdom’s ambitions to create a domestic auto manufacturing hub and cut down on imports. The electric vehicle (EV) maker, which counts Saudi…

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JPMorgan, Brookfield see deals revival for clean energy assets

JPMorgan, Brookfield see deals revival for clean energy assets

The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035 [SINGAPORE] Clean energy projects are poised for a revival in mergers and acquisitions (M&A) activity on the strengthening outlook for electricity demand and as expectations on asset valuations converge, according to some of the sector’s…

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HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab

HSBC, Prudential in US0 million funding for Hong Kong’s WeLab

The fintech has over 70 million individual users and more than 700 enterprise customers [HONG KONG] Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC Holdings and Prudential Hong Kong in its largest round of funding. The financing comprised both debt and equity. Other investors include Fubon Bank (Hong Kong), Hong…

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