News

North Korea’s Kim Jong Un to visit Vladimir Putin

Published

2 years ago

September 5, 2023

North Korea’s Kim Jong Un is reportedly planning to travel to Russia this month for a meeting with President Vladimir Putin.

The primary topic of discussion is believed to be the potential provision of weapons by North Korea to support Russia’s ongoing conflict in Ukraine, according to a U.S. official and reported by CBS.

The specific location of this meeting remains uncertain, but sources have suggested that Kim may travel via an armoured train.

The White House has disclosed that arms negotiations between the two nations are progressing, with Russia’s defence minister having recently visited North Korea to explore the possibility of purchasing artillery ammunition.

In response to these developments, National Security Council spokesman John Kirby expressed concerns and urged North Korea, also known as the DPRK, to halt its arms negotiations with Russia and adhere to its previous commitments not to supply or sell arms to Russia.

Kirby warned of potential US actions, including sanctions, if North Korea proceeds with providing weapons to Russia.

While the meeting’s exact location remains unclear, the New York Times suggests that Vladivostok, a city on Russia’s eastern coast, could be a potential venue.

Both Pyongyang and Moscow have previously denied allegations that North Korea is supplying arms to Russia for use in the Ukrainian conflict.

News

RBA rate hike fears & Fed cuts shake Wall Street

Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.

Published

23 minutes ago

December 12, 2025

Harvey Vargas

Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.

Fresh jobs data has sparked speculation that the Reserve Bank of Australia may raise rates sooner than expected. Market watchers are weighing how steady unemployment may mask deeper labor-market weaknesses and what that means for the Australian economy.

Kyle Rodda from Capital.com breaks down why some economists now expect the RBA could move twice in 2026 and how tighter financial conditions may influence households and businesses.

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#RBA #FedRateCut #WallStreet #InterestRates #AustralianEconomy #Investing #Markets #FinanceNews

News

Netflix vs Paramount: The Warner Bros takeover battle explained

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

Published

1 day ago

December 11, 2025

Harvey Vargas

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

The battle for Warner Bros is heating up, with Netflix and Paramount in a high-stakes clash that could redefine the streaming and filmmaking landscape. We break down who currently holds the stronger position and why Warner Bros might favor Netflix’s offer over Paramount’s all-cash bid.

Darren Woolley from TrinityP3 joins us to discuss the role of equity upside, shareholder sentiment, and the realistic chances of a hostile takeover. We also explore how political connections and regulatory scrutiny could shape the outcome of this landmark deal.

Finally, we look at the wider impact on competitors like Disney, Amazon, and Apple, as well as creators, production partners, and exhibitors. Who will ultimately win this battle for one of the most influential studios in modern media?

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#WarnerBros #Netflix #Paramount #StreamingWars #MediaTakeover #HollywoodDeals #EntertainmentNews #Ticker

News

Elon Musk’s SpaceX plans $25 billion IPO in 2026

Published

1 day ago

December 11, 2025

Harvey Vargas

SpaceX plans a $25 billion IPO in 2026, potentially valuing the company at over $1 trillion.

Elon Musk’s SpaceX is preparing to raise over $25 billion through an initial public offering in 2026. The move could value the space exploration company at over $1 trillion, fueled by its Starlink internet network and Starship rocket programme.

The IPO discussions are underway with major banks, targeting a launch around June or July. This comes as the IPO market experiences a revival after a three-year slowdown, attracting attention from both institutional and retail investors.

SpaceX is currently the second most-valuable private startup after OpenAI. While investors are excited, some remain cautious about Musk’s ability to manage multiple high-profile companies simultaneously.

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#SpaceX #ElonMusk #IPO #Starlink #Starship #TechNews #Investing #Startup