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Haas defends itself over Russia machine allegations

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The team says the last time any machines were sent was in March last year

Formula One team Haas has defended itself against allegations its parent company was providing machines and parts to Russia.

The story on U.S. broadcaster PBS alleged 18 machines had been sent to Russia, from Haas, since sanctions were imposed, following the war in Ukraine.

Haas has denied the claims, saying the story is “simply false”.

The F1 team previously ended its partnership with Russian fertiliser company Nikita Mazepin in response to Moscow’s invasion of Ukraine.

“Haas Automation is and has always been in full compliance with US government export control,” a statement from the motor racing team read.

“No machines have shipped from the Haas Automation factory to Russia since March 3, 2022.

“The 18 machines referenced in the story left the Haas Automation factory prior to the Russian invasion of Ukraine.”

Haas was the most affected team from the war in Ukraine when it began in February 2022.

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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