AppLovin short-seller urges exclusion of the stock from S&P 500 index

Energy Australia is facing charges over a fire at its Yallourn power station, with WorkSafe alleging a failure to provide a safe working environment for employees after a blaze in 2021. Despite no injuries, internal damage was caused, leading to the company accepting a breach of the Occupational Health and Safety Act. Company lawyers argue for a fine without conviction, citing the site's strong safety record spanning over two decades and comprehensive fire safety systems...

Former St Kents student Xavi Taele, a recipient of the Michael Garner Scholarship and named in the New Zealand Under-20 side, is set to debut for the Blues at second five-eighths against the Chiefs in Hamilton. The young midfielder, also the captain of the St Kents First XV, aims to help the struggling Blues team secure a much-needed win in the Super Rugby Pacific competition. Taele's selection showcases the talent and potential he possesses, following...

Ukraine has agreed to a 30-day ceasefire with Russia following US-Ukraine talks in Saudi Arabia, with US Secretary of State Marco Rubio presenting the offer to Russia. The US will restart intelligence sharing and security assistance to Ukraine, aiming for enduring peace negotiations, while Russian responses remain awaited. The shift in America's approach to the conflict may involve Europe in the peace process, with potential further discussions and agreements on critical minerals deals between the...

DeepSeek's AI breakthrough in China has sparked a resurgence in venture capital interest, with Insilico Medicine securing a $110 million series E financing round led by Value Partners. The company, backed by Qiming Ventures, utilizes AI technology for drug development, with several drugs already approved for clinical testing. The success of DeepSeek has also attracted global investors looking to invest in Chinese AI companies, signaling a potential revival in funding opportunities. Full Article

The European Union is proposing to increase deportations by establishing "return hubs" in third countries for rejected asylum-seekers, as only 20% of those with return orders are currently removed. The plan aims to create a standard for all 27 EU members to enforce deportation orders issued by any member state, addressing a missing component in last year's migration and asylum pact. The proposal requires cooperation from countries of origin to readmit their citizens and has...

In Greenland's parliamentary election, the pro-business Demokraatit party has taken the lead over the Naleraq party, with 30.4 percent of the votes, amid concerns over US President Trump's interest in the strategically located Arctic island. The election saw high voter turnout, with official results expected in the coming weeks, as Greenland faces geopolitical pressures from the US, Russia, and China in the Arctic region. Greenland's push for independence from Denmark is a key issue, with...