News

First change in 14 years: China’s monetary policy is “moderately easing”

[ad_1] The Chinese Communist Party has changed its monetary policy stance from “prudent” to “moderately accommodative” for the first time since 2009. The announcement by the Politburo on Monday was part of a broader effort to shore up China’s slowing…

How Google’s quantum chip tackled the 10-cetilian year problem

[ad_1] Google has announced the development of a new quantum computing chip called Willow. The company announced that Willow can solve mathematical problems in five minutes that would take a traditional supercomputer 10 septillion years. This is a period many…

Vulcan Energy Announces $164 Million in Funding for Lionheart

[ad_1] vulcan energy (ASX:VUL) announced a $164 million institutional investment and $20 million share purchase plan (SPP) to fund key aspects of its Lionheart project in Germany’s Upper Rhine Valley saline fields. The company aims to become the world’s first…

Titomic Cold Spray receives warm support from the aerospace industry

[ad_1] Titomic (ASX:TTT)A leader in cold spray technology development, headquartered in Melbourne. Cold spraying involves spraying metal or other materials onto a surface at high velocity to create a coating or build a solid structure. In today’s release, the company…

Silex to focus on lasers with U.S. Department of Energy contract

[ad_1] silex systems (ASX:SLX) We specialize in laser-based uranium enrichment technology. The proprietary SILEX (Isotope Separation by Laser Excitation) process uses lasers to selectively excite uranium isotopes, enabling the efficient production of nuclear materials. The method is touted as a…

Southern Cross wins NEXTDC, desalination and Sydney Metro deals

[ad_1] southern cross electrical engineering (ASX:SXE) has secured $125 million in new contracts across data centres, desalination plants and transport projects in Sydney. Headquartered in Perth, the company provides electrical, instrumentation and communications services to the infrastructure, resources and commercial…

Perpetual warns of $488 million tax impact from KKR deal

[ad_1] Financial services company Perpetual (ASX:PPT) provides an update on its proposed agreement with global investment firm Kohlberg Kravis Roberts & Co. (KKR), stating that tax complications could reduce shareholders’ cash receipts and reduce Perpetual’s potential tax liability. It was…

Develop Global finalizes $100 million financing facility with Trafigura

[ad_1] Expand globally (ASX:DVP) has completed documentation for an approximately A$100 million financing facility with Trafigura to support the restart of its flagship Woodlawn copper-zinc mine in New South Wales. The facility includes a five-year offtake agreement that will fund…

Neuromorphic nod: Brainchip secures US$1.8 million contract with US Air Force Research Laboratory

[ad_1] Brainchip Holdings (ASX:BRN) has signed a US$1.8 million contract with the U.S. Air Force Research Laboratory (AFRL) to develop neuromorphic radar signal processing algorithms. The contract is part of the Small Business Innovation Research Programme. The total contract amount…

Allan Watson: the perpetrator of IFW Global’s big scam

IFW Global’s swindle, which involves individual traders and brokerage firms, has revealed that IFW Global is already enforcing its blackmail efforts through fictitious scams. The actions of the firm have caused many innocent individuals to be robbed, as they believed…