Author: Press Room

Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder at Neo Material Technologies Inc.’s Magnequench Tianjin Co. factory in Tianjin, China.Bloomberg | Bloomberg | Getty ImagesBEIJING — As China tightens its grip on the global supply of key minerals, the West is working to reduce its dependence on Chinese rare earth.This includes finding alternative sources of rare earth minerals, developing technologies to reduce reliance, and recovering existing stockpiles through recycling products that are reaching the end of their shelf life.”You cannot build a modern car without rare earths,” said consulting firm AlixPartners, noting how…

BHUBANESWAR, India: At least 34 people have died in India’s northeastern region after heavy floods caused landslides over the last four days, authorities and media said on Monday (Jun 2), and the weather department predicted more heavy rain. More than a thousand tourists trapped in the Himalayan state of Sikkim were being evacuated on Monday, a government statement said, and army rescue teams were pressed into service in Meghalaya state to rescue more than 500 people stranded in flooded areas. In neighbouring Bangladesh, at least four members of a family were killed in a landslide in the northeastern district of…

Seoul, South Korea – After six hours of emergency martial law, hundreds of days of protests, violence at a Seoul court and the eventual impeachment of President Yoon Suk-yeol, South Korea is now hours away from choosing a new leader in the hope of restoring stability to an unsettled nation. From 6am to 8pm on Tuesday (21:00 to 11:00 GMT), South Koreans will vote for one of five presidential candidates in a race led largely by the opposition Democratic Party’s Lee Jae-myung. He is followed in the polls by the governing People Power Party candidate Kim Moon-soo. The election –…

House Republicans eked out a win in May with their advancement of President Donald Trump’s “big, beautiful bill,” filled with negotiations and compromises on thorny policy issues that barely passed muster in the lower chamber.Next week, Senate Republicans will get their turn to parse through the colossal package and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La., who can only afford to lose three votes.INSIDE THE LATE-NIGHT DRAMA THAT LED TO TRUMP’S TAX BILL PASSING BY 1 VOTE President Donald Trump listens to a question during an event to present law enforcement officers…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. A former FBI assistant director says the federal government is taking a “dramatically different approach” to how it approaches drug trafficking after several Sinaloa cartel leaders were slapped with terror-related charges.Both Pedro Inzunza Noriega and his son, Pedro Inzunza…

West Australian senator Dorinda Cox has defected from the Greens to Labor.Senator Cox, who was first elected to the upper house in 2021 to fill a vacancy for the Greens, said her values had aligned more with Labor.She approached Prime Minister Anthony Albanese on an offer to join Labor and bolster its ranks in the Senate.”I’ve worked hard to make Australia fairer and much more reconciled, but recently, I’ve lost some confidence in the capacity for the Greens to assist me in being able to progress this,” Senator Cox told reporters in Perth on Monday.”I feel reassured with my experience,…

In December last year, Anwar admitted that Tengku Zafrul was in preliminary talks with his party, despite UMNO saying it would not allow any such move. In a Facebook post on Friday night, Tengku Zafrul said he had tendered his resignation as an UMNO supreme council member, a Kota Raja division chief and a party member.  He had quit his position as Selangor UMNO treasurer in April last year, sparking speculations that he would leave and join PKR, The Star reported.  WHAT’S NEXT FOR TENGKU ZAFRUL?  Meanwhile, Selangor Chief Minister Amirudin Shari has dismissed speculation that Tengku Zafrul and himself…

In SummaryThe African private equity market is projected to reach a deal value of $901 million by the end of 2025. The value of private equity deals in Western Africa alone is projected to be $424.42 million, with 25.73 deals and an average deal size of $16.49 million. In the first quarter of 2025, Equity financing remained dominant and was involved in 79% of transactions, an increase from 73% in the previous quarter.Deep Dive!!The investment landscape in Africa has significantly transformed over the past decade due to private equity options. With a growing middle class, rapid urbanization, technological adoption, and a surge…

Climate campaigner Greta Thunberg and 11 other activists set sail for the Gaza Strip on Sunday afternoon, aboard a ship carrying aid. The mission is aimed at “breaking Israel’s siege” of the devastated territory, organizers said. “Game of Thrones” actor Liam Cunningham and Rima Hassan, a French member of the European Parliament who is of Palestinian descent, are also among the crew. Hassan has been barred from entering Israel due to her active opposition to the Israeli assault on Gaza.The sailing boat Madleen — operated by activist group Freedom Flotilla Coalition — departed from the Sicilian port of Catania, in southern…

NEWYou can now listen to Fox News articles! Formula 1 star Max Verstappen created a stir in the waning moments of Sunday’s Spanish Grand Prix as he appeared to purposely make contact with driver George Russell.The issue began on the restart with about four laps to go in the race. Verstappen was attempting to catch some speed but got sideways on the front stretch. He saved his car from spinning and crashing but Charles Leclerc was able to get around him. Leclerc and Verstappen touched briefly as the Ferrari racer moved around the Red Bull driver. Red Bull’s Max Verstappen…