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WeBank Eyes 'Open Consortium Chain 2.0' Amid Shift to More Public-Oriented Blockchains

Sep 22, 2023 11:21 am UTC| Economy Fintech Business

WeBank, Chinas leading digital-only bank, aims to transition from its permissioned consortium blockchains toward more public-oriented ones, highlighting the potential of Open Consortium Chain 2.0. As it seeks greater...

Unilever Revives Q-Tips Sale, Hired Morgan Stanley to Launch Renewed Bid for Divestiture

Sep 22, 2023 09:57 am UTC| Business Economy

Unilever plc has restarted the sale process for its Q-Tips and Impulse perfume line. Sources who are familiar with the matter revealed the company already hired Morgan Stanley and Evercore Inc. to organize the sale of the...

Digital Currency Revolution

JPEX Cryptocurrency Exchange Initiates Deregistration in Australia Amid Hong Kong Controversy

Sep 22, 2023 09:56 am UTC| Economy Digital Currency Business Law

Jieyi Chen, Director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has begun deregistration of the exchange in Australia amid regulatory challenges and accusations in Hong Kong. While no official confirmation has been...

Krispy Kreme Japan Introduces Premium Nagoya Series Ahead of Autumn

Sep 22, 2023 09:41 am UTC| Economy Life Business

Krispy Kreme Japans Premium Nagoya series introduces autumn-themed donuts exclusive to Nagoya, highlighting seasonal flavors, including Japanese chestnut and roasted green tea, ahead of cooler weather. With only one...

Digital Currency Revolution

Tether Diversifies Portfolio with Strategic Stake in Northern Data AG, Signals Move into AI

Sep 22, 2023 09:20 am UTC| Business Investing Digital Currency

Tether, a known issuer of stablecoin, has acquired a stake in Northern Data AG and is investing an undisclosed amount in this. It was reported that this deal with the German Computer application company also suggests that...

Toshiba to Exit Stock Market After 74 Years Following $14B JIP-led Acquisition

Sep 22, 2023 04:55 am UTC| Business Economy

Toshiba Corporation is ending its 74-year history in the stock market as it announced its delisting move after a Japanese consortium successfully acquired it. The consortium, led by Japan Industrial Partners (JIP) private...

Nestlé, Kellogg Team Up for Breakfast-Themed Drinks Under Frosted Flakes, Eggo Labels

Sep 22, 2023 04:52 am UTC| Economy Life Business

Nestlé and Kellogg unveil breakfast-themed drinks under Frosted Flakes and Eggo brands. Nestlé Sensations aims to revolutionize morning routines with these innovative beverages, set for nationwide release in...

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Economy

Oil Prices Rise as Middle East Tensions and Ukraine Uncertainty Fuel Supply Concerns

Oil prices climbed on Monday as investors balanced escalating geopolitical tensions in the Middle East with lingering uncertainty surrounding RussiaUkraine peace negotiations, both of which could have major implications...

Asian Stocks Rally as Fed Rate Cut Bets Weigh on Dollar and Fuel Precious Metals Surge

Asian stock markets climbed to six-week highs on Monday, supported by optimism over potential U.S. Federal Reserve interest rate cuts next year, while the U.S. dollar hovered near its lowest level in almost three months....

Yen Rebounds as Markets Assess BOJ Rate Hike Outlook and Intervention Risks

The Japanese yen regained some strength on Monday after suffering a sharp decline late last week, as investors reassessed the outlook for interest rate hikes in Japan and the likelihood of government intervention during...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Volatility

Russian stocks finished Saturdays trading session slightly lower overall, with the MOEX Russia Index closing flat at 0.00% in Moscow. Market performance was mixed, as gains in select heavyweight stocks were offset by...

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Politics

Zelenskiy and Trump Meet in Florida as Ukraine Peace Talks Face Major Hurdles

Ukrainian President Volodymyr Zelenskiy is set to meet U.S. President Donald Trump in Florida on Sunday in a high-stakes effort to advance a U.S.-brokered plan to end the war in Ukraine. The talks come amid intensified...

Kosovo Heads to Early Parliamentary Election Amid Prolonged Political Deadlock

Kosovo is set to hold a crucial parliamentary election on Sunday as Prime Minister Albin Kurti and his nationalist Vetevendosje party attempt to secure a governing majority and resolve a year-long political stalemate that...

Myanmar Election 2025 Faces Global Scrutiny Amid Civil War and Political Repression

Voters in Myanmar began casting ballots in a highly controversial general election on Sunday, marking the first nationwide polls since the military coup that overthrew the elected civilian government in 2021. The election,...

Bolsonaro Undergoes Phrenic Nerve Block Procedure After Surgery-Related Complications

Brazils former President Jair Bolsonaro underwent a phrenic nerve block procedure on Saturday as doctors worked to treat persistent hiccups that developed following recent surgery, according to statements from his wife,...

Canada Announces $2.5 Billion Economic Aid Package to Support Ukraine’s Financial Stability

Canadian Prime Minister Mark Carney announced on Saturday that Canada will provide an additional $2.5 billion in economic aid to Ukraine, reinforcing the countrys ongoing support amid the prolonged conflict with Russia....

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...