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Stock Market Slides Bring In New Risers On The Rich List

Jul 18, 2022 06:20 am UTC| Business

The past two years have been kind to the ultra rich. According to Oxfam statistics, a new billionaire was created every 30 hours throughout the pandemic, as businesses took the top seat in keeping the world moving....

Newlon Confectionery in Japan creates wine candies to support local wine industry

Jul 17, 2022 23:40 pm UTC| Economy Business Life

Newlon Confectionery Co. in Japan is offering candies made using locally produced wines to support the local wine industry affected by the pandemic. Takaki Yazawa, the third-generation president of the confectionery...

Toyota to globally offer the Crown, its flagship car in Japan

Jul 17, 2022 23:32 pm UTC| Business Economy Life

Toyota would be offering its flagship model in Japan, the Crown, globally for the first time, According to Toyota CEO Akio Toyoda, the car could very well be their crowning achievement. The 16th generation Crown...

Nestle’s KitKat launches MILO-flavored chocolate bar in Australia

Jul 15, 2022 10:30 am UTC| Business Economy

Nestles KitKat has a new flavor to offer to its customers in Australia. The brand is collaborating with an Aussie favorite that was revealed to be a chocolate drink to create the new KitKat packed with MILO chocolate...

Diageo beverage firm to sell its Guinness Cameroon brewery to Castel Group for $459M

Jul 15, 2022 10:15 am UTC| Business Economy

Diageo plc, a multinational beverage alcohol company, headquartered in London, England, is selling its Guinness Cameroon brewery business to Castel Group for $459.8 million or 389 million. Diageo agreed to sell its...

Deutsche Telekom sells stake of its tower business to DigitalBridge, Brookfield

Jul 15, 2022 10:06 am UTC| Business Economy

Deutsche Telekom has signed a partnership deal with DigitalBridge and Brookfield for its German and Austrian tower assets called the GD Towers. The German telecommunications company has sold 51% of its tower business to a...

Hankook Tire owners must pay $3.4M tax for hidden income

Jul 15, 2022 09:00 am UTC| Business Economy

Hankook Tire owners are being ordered by the court to pay $3.4 million or KRW4.5 billion in taxes. The order comes after the owners lost in the administrative lawsuit case. Hankook Tire is the leading tire maker in...

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Economy

UK Retail Prices Rise as Cost Pressures Threaten Further Increases in 2026

British retail prices rose at a faster pace last month, and retailers may find it difficult to prevent further price increases in 2026 as cost pressures continue to build, according to the British Retail Consortium (BRC)....

U.S. Stock Futures Flat as Energy Stocks Rally on Venezuela Developments

U.S. stock futures traded mostly flat on Monday night after Wall Street closed higher, supported by a strong rally in energy stocks following major geopolitical developments involving Venezuela. Futures tied to the SP 500...

Trump Venezuela Oil Pledge Unlikely to Lift Prices in Oversupplied Global Market

U.S. President Donald Trumps pledge to unlock more Venezuelan oil barrels following the capture of President Nicolas Maduro has heightened geopolitical tensions, but analysts say it is unlikely to meaningfully impact an...

Philippine Inflation Rises to 1.8% in December as Food and Clothing Prices Increase

Philippine annual inflation accelerated to 1.8% in December, rising from 1.5% in November, according to data released by the countrys statistics agency on Tuesday. The higher inflation reading surprised market...

U.S. Dollar Steadies Near Two-Week High as Risk Appetite Improves

The U.S. dollar traded steadily near a two-week high as Asian markets opened on Tuesday, supported by easing geopolitical concerns and renewed risk-taking sentiment on Wall Street. Investors appeared less alarmed by recent...

Politics

Nicolas Maduro Pleads Not Guilty in U.S. Court After Dramatic Arrest Ordered by Trump

Former Venezuelan President Nicolas Maduro pleaded not guilty on Monday in a Manhattan federal court after a dramatic U.S. military operation ordered by President Donald Trump led to his capture, sending shockwaves through...

Zelenskiy Appoints Chrystia Freeland as Economic Adviser to Support Ukraine’s Recovery and Defense

Ukrainian President Volodymyr Zelenskiy announced on Monday that Canadas former Deputy Prime Minister Chrystia Freeland has been appointed as his new economic development adviser, a move aimed at strengthening Ukraines...

Kim Jong Un and Daughter Inspect Memorial Honoring North Korean Troops Killed Overseas

North Korean leader Kim Jong Un, accompanied by his daughter Ju Ae, inspected the construction site of a new memorial dedicated to North Korean soldiers who died while fighting overseas, according to a report released...

Paris Court Convicts 10 in Cyber Harassment Case Targeting Brigitte Macron

A Paris court on Monday convicted 10 individuals for cyber harassment against Brigitte Macron, Frances first lady, after they spread false and defamatory claims that she is a transgender woman who was born male. The ruling...

Colombia Reaffirms Cooperation With U.S. on Drug Trafficking Amid Rising Tensions

Colombia has reaffirmed its commitment to working closely with the United States in the fight against drug trafficking, emphasizing continued cooperation through U.S. intelligence, technology, and joint coordination. The...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Intel Unveils Panther Lake AI Laptop Chips at CES 2025, Marking Major 18A Manufacturing Milestone

Intel has officially launched Panther Lake, its next-generation AI chip for laptops, at the CES 2025 trade show in Las Vegas, signaling a critical step in the companys turnaround strategy and its push to regain market...

Mercedes-Benz to Launch Advanced Urban Self-Driving System in the U.S., Challenging Tesla FSD

Mercedes-Benz announced on Monday that it will introduce a new advanced driver-assistance system in the United States later this year, marking a major step forward in autonomous driving technology. The system, called...

Dell Revives XPS Laptop Lineup With New XPS 14 and XPS 16 to Boost Premium PC Demand

Dell has officially revived its popular XPS laptop lineup, marking a strategic reversal just a year after retiring the premium brand. The move comes as the company seeks to stimulate demand in a sluggish global personal...

BTIG Initiates Buy on SoftBank as AI and Robotics Strategy Gains Momentum

BTIG has initiated coverage of SoftBank Group Corp. (TYO:9984) with a Buy rating, citing the Japanese investment conglomerates strong positioning at the intersection of artificial intelligence and robotics. The brokerage...

Nvidia Unveils Rubin Platform to Power Next Wave of AI Infrastructure

NVIDIA Corporation (NASDAQ: NVDA) used the CES 2026 convention in Las Vegas to reaffirm its leadership in artificial intelligence infrastructure, announcing that its next-generation Rubin data center platform is now in...
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