Horn of Africa

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World

South Africa and Israel expel envoys in deepening feud

South Africa ordered Israel's top diplomat to leave the country within 72 hours on Friday, citing a "series of violations" and prompting the Israeli government to expel Pretoria's own diplomatic representative.The Israeli foreign ministry swiftly responded that South Africa's senior diplomatic representative, Shaun Byneveldt, "is persona non grata and must leave Israel within 72 hours".

Business

Redwire Corporation: The Quiet Enabler of the New Space Race

Beyond the headlines of rocket launches, companies building the critical infrastructure for the orbital economy are gaining strategic importance. Redwire Corporation (NYSE: RDW), with its niche technologies powering everything from lunar missions to potential space-based data centers, presents a compelling, if complex, investment thesis in the burgeoning space sector.

Business

Bridgestone's Stock: A Year of Strong Gains Raises Valuation Questions

Bridgestone Corporation's shares have delivered a robust 33% total return to shareholders over the past year, outpacing its recent short-term volatility. This performance prompts a closer look at whether the tire giant's current valuation still offers room for growth or if the market has already priced in its future prospects.

Business

OR Royalties: A Buying Opportunity After Pullback, or a Sign of Overheating?

Shares of OR Royalties (TSX:OR) have retreated nearly 15% over the past week, prompting investors to reassess the valuation of the precious metals royalty company following its multi-year bull run. With the stock still up significantly year-over-year, we examine whether the dip presents a value entry or reflects justified concerns over its premium pricing.