The Australian Fertilizer Corporation has pre-sold its entire 10-year output of technical grade urea from a proposed plant in Gladstone, worth $2.4 billion. The plant will use waste products instead of natural gas and aims to replace urea imports, boosting Australia's food security and agricultural capabilities.
The Socceroos lost 2-0 to co-hosts USA in Seattle, putting their World Cup campaign on the bubble. Despite a poor first half, the team believes they can still qualify for the knockout rounds with a positive result against Paraguay in their final group match.
A US-Iran "understanding" to reopen the Strait of Hormuz has shocked analysts due to concessions made by Donald Trump, including lifting UN sanctions. The deal's impact on Israel's actions in Lebanon is questioned, as Israel signals no intention to cease military operations despite US pressure.
A US-Iran "understanding" to reopen the Strait of Hormuz has shocked analysts due to concessions made by Donald Trump, including lifting UN sanctions. The deal faces defiance from Israel, which continues military operations in Lebanon, and questions about its enforceability with UN members and allies.
The Rajasthan High Court dismissed a husband's plea for narco-analysis, polygraph, and DNA tests in a divorce case, citing the application's late filing and lack of necessity. The court upheld the family court's decision, emphasizing that such tests cannot be compelled without consent and are not a substitute for timely evidence presentation.
Wyndham Clark, the 2023 champion, surged to a four-stroke lead at the US Open through 16 holes before darkness halted play. He was six under par, with Sam Stevens and others chasing at two under. The first round was delayed by fog and will extend into Friday.
Four years after REDcycle's collapse, soft plastics recyclers have cleared all legacy waste. A new national scheme is operational with increased capacity, but faces challenges in consumer engagement and systemic waste reduction.
Four years after REDcycle's collapse, Australian soft plastics recyclers have cleared legacy waste. A new scheme, SPSA, now operates at triple REDcycle's capacity but faces challenges in customer engagement and regaining trust.
Hainan's Free Trade Port has improved logistics efficiency through institutional reforms, reducing clearance time and increasing vessel registration
Capital B shareholders approved authorizations to raise up to €105 billion ($120.4 billion) for future Bitcoin purchases. The company also changed its name from The Blockchain Group to Capital B.
A new report by First Street reveals that 79% of global data center capacity is at high risk from acute climate hazards like flooding and extreme winds. Chronic stresses such as heat and drought also affect over half of data centers, impacting energy efficiency and increasing costs. The Asia-Pacific region faces the highest risk.
Ecosystems are often described using functional language, implying they have purposes they can fail to perform. This essay argues that ecosystems lack intrinsic ends and cannot truly "break down," challenging the "ecosystem services" framework and advocating for clearer thinking about environmental crises.
SanDisk has released new officially licensed storage expansion drives for PS5 and PS5 Pro, the Optimus GX Pro 850P NVMe SSD. Available in 1TB to 8TB, the 8TB model is priced at $2,960 (down from $3,700), significantly higher than console prices, amid a global memory crisis and component scarcity.
SanDisk has released officially licensed PS5 NVMe SSDs, the Optimus GX PRO 850P, in capacities from 1TB to 8TB. The 8TB model costs $2,959.99, significantly higher than comparable Western Digital SSDs due to memory shortages.
Queensland's LNP government plans the largest upgrade to Lang Park in 23 years, including increased capacity, new screens, and entertainment zones. Funded by the Legacy Fund, the 52,500-seat stadium will see supersized scoreboards, a 360-degree LED ribbon board, and large media screens.
Kingboard Holdings will sell 155 million shares in Kingboard Laminates at a discount, aiming to expand business and production capacity to meet surging demand. The deal is expected to close on June 22.
Microsoft reportedly ended talks for a $3 billion cloud infrastructure deal with Oracle due to FedRAMP security concerns. Oracle disputes the claims, highlighting their partnership. The failed deal underscores the strain on computing resources amid the AI boom, with Microsoft seeking capacity elsewhere.
Noida International Airport (NIA) in Jewar will handle its first cargo flight on Wednesday, a domestic route, days after starting passenger operations. The airport aims to be a major cargo hub for northern India with advanced digital systems and significant handling capacity.
In his new book, "Communion," US Vice President JD Vance states that even strong supporters of Ukraine now recognize America's limited capacity to provide aid. Vance, formerly a senator, believed the US was more resource-constrained than his colleagues acknowledged.
Crimea has banned nighttime rides on mopeds, quad bikes, and motorcycles, citing their noise resemblance to drone attacks and alleging children are deliberately involved. Ukraine has intensified drone attacks on the peninsula, impacting supply routes and fuel availability. Meanwhile, a Ukrainian drone hit a Moscow refinery, halting operations, and Russia's strikes killed at least eight people across Ukraine.
President Trump invoked the Defence Production Act to address "systemic constraints in the munitions industrial base," aiming to bolster depleted US weapons stockpiles strained by conflicts like the 15-week Iran war. Defence Secretary Pete Hegseth is tasked with creating voluntary agreements to improve capacity, despite his previous assertions that concerns over munitions are overstated.
Despite advancements in stealth and speed, large, slow bombers like the B-52, Tu-95, and H-6 remain vital due to their long range, heavy payload capacity for nuclear and conventional weapons, and cost-effectiveness. Modern upgrades enhance their capabilities for standoff strikes and nuclear deterrence.
Qatar expects to quickly increase liquefied natural gas (LNG) production to 80% of its export capacity within two months after the reopening of the Strait of Hormuz, according to Bloomberg sources. State-owned QatarEnergy plans to reach 50% capacity in one month, with full restoration of the remaining capacity taking years due to damage from Iranian missile strikes.
Western policymakers claim China has 'overcapacity' in steel, EVs, and green tech, flooding markets with subsidized goods. However, economic data suggests otherwise, with China's capacity utilization for ferrous metals within healthy EU ranges. The EU and US employ double standards, using arbitrary metrics and bypassing the WTO to impose protectionist measures.
