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January 15, 2026

TSMC Sees Record Profit in 4th Quarter as Earnings Jump 35%

Taipei: Taiwan Semiconductor Manufacturing Company (TSMC) posted another record high for profits in the fourth quarter of last year, as its earnings surged 35% year-on-year due to high demand for artificial intelligence (AI) chips. The Taiwanese giant…

US Grants Lukoil 45-Day Extension to Sell Foreign Assets

Washington: The US Treasury Department has extended the deadline for Russian energy company Lukoil to divest its foreign assets by an additional 45 days. This move aims to further limit Moscow’s revenue streams.

According to Anadolu Agency, the Trea…

Annexing Greenland Could Cost US More Than $700 Billion

Washington: Taking Greenland could cost more than $700 billion for US President Donald Trump and his administration, said three sources, according to NBC News. The amount corresponds to more than half of the Defense Department’s annual budget, but des…