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Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor.Pallava Bagla | Corbis News | Getty ImagesU.S. President Donald Trump’s critical minerals drive looks set to pave the way for a gold rush on the ocean floor.Seeking to counter China’s mineral dominance, the Trump administration in April signed a sweeping executive order to fast-track deep-sea mining within U.S. and international waters.The move is designed to help private companies access billions of tons of potato-sized rocks known as polymetallic nodules, which are rich in strategically important minerals.The U.S. National Oceanic…

[SINGAPORE] Stapled security prices of Frasers Hospitality Trust (FHT) opened 1.5 per cent higher at S$0.695, a day after Frasers Property proposed to privatise the trust at S$0.71 per stapled security. However, as at Thursday (May 15) noon, stapled securities of FHT were up 0.7 per cent or S$0.005 at S$0.69. The offer marks the second attempt by Frasers Property to privatise FHT. The rationale given was the trust’s inability to further improve the distribution and growth in the face of macroeconomic headwinds.The price of S$0.71 per stapled security reflects a minimum premium of 7 per cent over FHT’s last…

Google on Wednesday rolled out the Android 16 Beta 4.1 to developers and testers. Initially available on Pixel devices, it arrives as the latest testing version of Google’s operating system with fixes for several bugs that have impacted users in previous versions. This includes rectifications for issues related to 4K video recording, haptics, weather map, and Google app. The Mountain View-based tech giant says it also improves constant battery drain issues that have been reported on Pixel phones.Android 16 Beta 4.1 Update: What’s NewAndroid 16 Beta 4.1 builds upon the previous release of the second major platform stability release, which…

[SINGAPORE] Golden Agri-Resources (GAR) reported net profit of US$55 million for the first quarter ended Mar 31, up 47 per cent from US$37 million in the previous corresponding period. This was mostly driven by stronger plantation output and an appreciation in the price of crude palm oil, the company said on Thursday (May 15).Revenue was up 19 per cent or US$2.6 billion in the year-ago period at US$3 billion. This rise was driven by an increase in crude palm oil market prices of 27 per cent from the previous corresponding period, averaging US$1,156 per tonne in the quarter.This appreciation offset a…

An overview of Synchron’s brain-computer interfaces system and how it allows users with motor impairment to control their digital devices. Image: Synchron eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. Apple is developing technology that will allow users to control iPhones, iPads, and Vision Pro headsets with their brain signals, marking a major step toward hands-free, thought-driven device interaction. In partnership with brain-computer interfaces (BCIs) startup Synchron, Apple is working on a universal standard to translate neural activity into digital commands. The initiative is initially focused…

Check out the best moments between the Pittsburgh Pirates and the New York Mets.

President Trump on Wednesday told Gulf leaders he urgently wants “to make a deal” with Iran to wind down its nuclear program but said Tehran must end its support of proxy groups throughout the region as part of any potential agreement.Iran “must stop sponsoring terror, halt its bloody proxy wars and permanently and verifiably cease pursuit of nuclear weapons,” Trump said in remarks at a meeting of leaders from the Gulf Cooperation Council hosted by Crown Prince Mohammed bin Salman in the Saudi capital. “They cannot have a nuclear weapon.”The U.S. and Iran have engaged in four rounds of talks…

[TOKYO] Nissan’s new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs.With a lack of fresh models, new tariffs in its biggest market, and sharp competition from local and Chinese rivals, Nissan will be hard-pressed to shore up sales, which have plunged 42 per cent since the 2017 business year.Espinosa unveiled plans on Tuesday to cut 11,000 more jobs and shut seven plants and flagged that sales volume was expected to drop 3 per cent in the…

Microsoft’s annual Build developer conference kicks off on May 19, and as always, it starts with a keynote. You can watch the opening event live starting at 12:05 PM Eastern time on Microsoft’s website, though you’d have to register and sign in to be able to access the livestream. Microsoft will also be streaming the keynote on YouTube, though, and you can access it below. Just like last year, the event will be hosted by Microsoft CEO Satya Nadella, along with the company’s Chief Technology Officer, Kevin Scott. According to the keynote page, the executives will be sharing how “Microsoft…

BANGKOK — While U.S. President Donald Trump has talked of victory after reaching a weekend deal with China to reduce the sky-high tariffs levied on each others’ goods, businesses in China are reacting to the temporary deal with caution. The U.S. and China have cut the tariffs levied on each other in April, with the U.S. cutting the 145% tax Trump imposed last month to 30%. China agreed to lower its tariff rate on U.S. goods to 10% from 125%. The lower tariff rates came into effect on Wednesday.U.S. Treasury Secretary Scott Bessent, announcing the reduction in tariff rates this…