India, China Set to Resume Direct Flights in Sign of Closer Ties
Airlines in India have been asked by the government to prepare flights to China at short notice, with a possible official announcement as soon as the Shanghai Cooperation Organisation summit at the end of August in China, said the people, asking not to be identified because the negotiations are ongoing.
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Yahoo
25 minutes ago
- Yahoo
Atlas Air Worldwide Expands Commitment to Workforce Development with University of Alaska Anchorage
Company Affirms Support of Efforts by President Trump and Secretary Duffy to Modernize U.S. Airspace Atlas Air Worldwide Expands Commitment to Workforce Development with University of Alaska Anchorage WHITE PLAINS, N.Y., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. ('Atlas'), the leading global provider of outsourced aviation logistics solutions, today reaffirmed its partnership with the University of Alaska Anchorage (UAA). Leaders from Atlas and UAA, along with faculty and students, were joined by United States Secretary of Transportation Sean Duffy at Merrill Field in Anchorage. The Secretary is spearheading the Trump Administration's efforts to invest in the aviation workforce, modernize the air traffic control system, enhance safety, and address nationwide shortages of pilots, controllers, and mechanics. 'President Trump and I are on a mission to make our airspace the envy of the world. We will build a brand-new air traffic control system and address a chronic shortage of controllers and pilots,' said U.S. Transportation Secretary Sean P. Duffy. 'President Trump's One Big, Beautiful Bill delivered over $100 million into the Don Young Alaska Aviation Safety Initiative to deploy state of the art technology and train the next generation of aviation talent. I applaud Atlas Air Worldwide for doing their part to contribute to this mission.' Aviation is essential to Alaska's economy, with Ted Stevens Anchorage International Airport (ANC) ranking among the world's top five busiest cargo hubs. The University of Alaska Anchorage is widely recognized for its top-tier aerospace program, which ensures students are equipped with the expertise needed to fill these critical roles. To further support Alaska's aviation workforce development, Atlas has also announced the renewal of its scholarship program, which helps students offset educational costs as they prepare for careers in aviation. 'We are proud to continue our partnership with the University of Alaska Anchorage by creating opportunities to advance aviation education,' said Michael Steen, Atlas Air Worldwide Chief Executive Officer. 'By investing in workforce development locally, we are advancing our commitment to aviation in Alaska, and to the resilience of the broader aerospace industry. We are fully dedicated to supporting the efforts led by President Trump and Secretary Duffy to make our airspace the global gold standard.' The new round of funding builds on Atlas-sponsored scholarships announced in 2024—four for maintenance technician students and three for aspiring pilots—and aims to develop a robust pipeline of talent for the sector. 'We are grateful to Atlas Air Worldwide for its continued investment in UAA and our students,' said Ray Weber, Dean of UAA's Community & Technical College. 'This generous donation is transformative, helping us build a more qualified workforce that is vital to Alaska's economic future and the broader industry. Thanks to Atlas, our students are gaining the training and credentials needed to pursue fulfilling careers, securing brighter prospects for the state's workforce and beyond.' Atlas Air Worldwide in Alaska Anchorage's proximity, within 9.5 hours by plane of 90% of the industrial world, positions it as a vital hub for global commerce, training and talent development, and it plays a key role in Atlas' operations. Annual Atlas departures at Ted Stevens Anchorage International Airport (ANC) have grown to more than 7,500 in 2024, supported by over 700 Anchorage based Pilots and ground staff. About Atlas Air Worldwide Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., Titan Aviation Holdings, Inc., and Polar Air Cargo Worldwide, Inc. Our companies operate the world's largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, and 767 aircraft for domestic, regional and international cargo and passenger operations. About The University of Alaska Anchorage The University of Alaska Anchorage is Alaska's largest university, educating nearly 12,000 students annually. UAA transforms lives through teaching, research, community engagement and creative expression in a diverse and inclusive environment. As the state's largest university, UAA is a driving force in Alaska's economy, producing over 1,600 graduates each year, with a large percentage entering the Alaska workforce. UAA has programs in professional piloting, aviation management, aviation maintenance technology and air traffic control. In 2022, UAA graduated 273 students to the aviation sector. Learn more at Contacts: Media: CorpCommunications@ A photo accompanying this announcement is available at
Bloomberg
27 minutes ago
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Japan Starts Anti-Dumping Probe Into Chinese, Korean Steel Goods
Japan will begin an anti-dumping probe into some Chinese and South Korean steel goods, the latest effort by the nation to protect local producers against a wave of imports of the alloy. The investigation, which is expected to be complete within a year, will probe flows of hot-dipped galvanized coil, sheet and strip, the trade and finance ministries said in a statement on Wednesday. The decision follows an application in April by four firms, including Nippon Steel Corp. and Kobe Steel Ltd.
Yahoo
43 minutes ago
- Yahoo
Prediction: Nvidia Stock Will Be Worth This Much by the End of 2025
Key Points Nvidia stock experienced an intense sell-off earlier this year, driven by uncertainty around tariffs and competition in China. Rising infrastructure spending by its largest customers suggests that demand remains strong across the artificial intelligence (AI) landscape. Despite a strong rebound over the last few months, valuation trends suggest that emerging AI opportunities may not be fully reflected in the share price yet. 10 stocks we like better than Nvidia › This year has been an emotional roller coaster for shareholders of Nvidia (NASDAQ: NVDA). Following the news of new tariffs, in combination with intensifying competition in China, the company's shares plummeted by as much as 30% earlier this year, wiping out nearly $1 trillion in market value. Such precipitous declines may have suggested that Nvidia's best days were in the rearview mirror, but the stock's more recent performance says otherwise. As of Aug. 7, it had rebounded by 93% from its 2025 lows and now has a market capitalization of $4.4 trillion, making it the most valuable company in the world. With such strong momentum fueling the stock to new highs, is it too late to invest in Nvidia? Read on to find out. Big tech is spending big bucks on Nvidia's chips Nvidia's largest source of revenue is its computing and networking business. This segment comprises the company's data center services and highly coveted graphics processing units (GPUs). A good way to gauge the health of its business is to look at spending on artificial intelligence (AI). The chart below illustrates capital expenditures over the last three years for cloud hyperscalers Amazon, Microsoft, and Alphabet, along with social media company Meta Platforms. These "Magnificent Seven" companies prove that accelerating AI infrastructure spending is a powerful tailwind for Nvidia's chip empire. Beyond the usual tech titan suspects, rising adoption of cloud infrastructure services from Oracle -- as well as neocloud platforms such as Nebius Group and CoreWeave -- offer another source for GPU demand, especially for Nvidia's latest Blackwell architecture. Neoclouds are gaining interest at the moment as they offer flexible software-hardware stacks in the form of high-performance computing (HPC) services and access to GPU clusters via cloud-based infrastructures. New opportunities are emerging Over the last few years, investors have repeatedly heard pundits chirp about the importance of data centers in powering generative AI development. This point is valid, but I think many investors are missing the broader picture when it comes to the evolution of AI infrastructure spending. A new phase of AI adoption involves sophisticated workloads across robotics, autonomous driving, and quantum computing. Companies such as Alphabet and Tesla are beginning to monetize their autonomous vehicles, while Microsoft, Alphabet, and Amazon are all developing their own custom quantum computing chips. Nvidia has just started to scale up its chips and CUDA software platform across these emerging opportunities. Given the company's existing deep integration with big tech, I'm optimistic that its product suite will still be crucial in future, more-advanced AI development. What will Nvidia stock be worth by the end of 2025? The chart below illustrates the company's forward price-to-earnings (P/E) multiple throughout the AI revolution. Given the trends cited above, the forward P/E range between 24 and 30 could be seen as a support zone or valuation floor for Nvidia. Each time its forward P/E dipped into this range, the stock has rebounded strongly. To me, this suggests that investors still see robust long-term growth for the company despite occasional fleeting periods of souring sentiment. I think these valuation trends subtly imply that the market could be underestimating the full breadth of Nvidia's ubiquitous platform. Despite the company's influence across AI infrastructure, many investors still view it purely through the lens of a semiconductor business. As these new opportunities are realized, I think the stock is well positioned for a prolonged breakout -- similar to the initial wave of AI-driven enthusiasm a couple of years ago. Although its forward P/E is fast-approaching prior highs, I think there is a solid case to be made that the company is positioned for further valuation expansion and could reach or exceed historical levels. My logic is that the monetization potential of future opportunities in robotics, autonomous vehicles, and quantum computing is still taking shape and not yet fully priced into the stock by investors. If Nvidia's current forward P/E expands to levels congruent with prior highs by the end of the year, the stock could blow past the $200 price point and reach closer to $220 -- implying an increase between 10% and 20% over current price levels. For this reason, I think Nvidia stock will be trading significantly higher by the end of the year than where it is today. Do the experts think Nvidia is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Nvidia make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,060% vs. just 182% for the S&P — that is beating the market by 877.59%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 Adam Spatacco has positions in Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, Oracle, and Tesla. The Motley Fool recommends Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Prediction: Nvidia Stock Will Be Worth This Much by the End of 2025 was originally published by The Motley Fool
