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HSBC introduces lending fund for female business owners

May 16, 2022 09:13 am UTC| Business Economy

HSBC Holdings announced last week that it has invested said on a lending fund to cater to the financial needs of female business owners. The financial service company is putting in $1 billion for this new program over the...

Budweiser, Puma to use NFTs in sports sponsorships

May 13, 2022 23:43 pm UTC| Digital Currency Economy Business Sports

Beer brand Budweiser and sports apparel firm Puma are combining their sponsorships with implementing non-fungible tokens (NFTs), partnering with ex-NBA player Dwyane Wade and Premier League club Manchester City...

Coca-Cola trials new smart drinks dispenser in Europe

May 13, 2022 23:43 pm UTC| Business Economy

The Coca-Cola Company has introduced the New Compact Freestyle smart drinks dispenser in Europe, which allows users to personalize their drinks in their own reusable bottles, therefore reducing carbon emissions and...

Beer company Molson Coors creates plant-based milk

May 13, 2022 23:43 pm UTC| Business Economy Nature

Molson Coors, the maker of Coors Light and Miller Lite, has brought a non-alcohol plant-based milk dubbed Golden Wing Barley Milk to market. Golden Wing will be available on the companys website and in Sprouts locations...

S. Korea to recycle solar panels used for certification tests

May 13, 2022 23:43 pm UTC| Nature Economy Business

A new attempt will be made to recycle the solar panels used for South Koreas industrial standards certification for the establishment of solar polar generators at welfare facilities. The Korea Energy Agency, Hanwha Q...

Prosecutors dismiss complaints against legal counseling app Law Talk

May 13, 2022 23:42 pm UTC| Law Economy Business

The Seoul Central District Prosecutors Office dismissed accusations that the app LawTalk and its operator Law Company Co. violated the Attorney-at-law Act and the Privacy Act as it is provided for free. The app does...

Starbucks Korea to recycle 100% of its coffee grounds by 2027

May 13, 2022 23:42 pm UTC| Nature Economy Business

Starbucks Korea will conduct a recycling environment assessment on coffee grounds generated by its stores across South Korea with the goal of recycling 100 percent of its coffee grounds by 2027. Coffee grounds were...

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Economy

Gold Prices Hit Record High in 2026 as Safe-Haven Demand Surges

Spot gold prices surged more than 1% on Monday, reaching their first record high of 2026 at $4,563.61 per ounce, as investors flocked to the precious metal amid heightened geopolitical tensions and growing expectations of...

Trump Tightens Pressure on Cuba as Venezuelan Oil Supplies Halt

U.S. President Donald Trump has escalated pressure on Cuba by declaring that no more Venezuelan oil or money will flow to the Communist-run island, urging Havana to strike a deal with Washington before it is too late. The...

Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal

Commodities trading giant Vitol is preparing to load the first shipment of U.S. naphtha bound for Venezuela this weekend, marking a significant step in efforts to revive the countrys oil industry. According to sources...

U.S. Signals Potential Venezuela Sanctions Relief to Boost Oil Sales and IMF Re-Engagement

The United States may lift additional sanctions on Venezuela as early as next week to facilitate oil sales and economic stabilization, according to comments by U.S. Treasury Secretary Scott Bessent in an interview with...

Russia Stock Market Ends Flat as Commodities Rise and Ruble Strengthens

Russian stocks closed flat on Saturday, reflecting a quiet session on the Moscow Exchange as market activity remained muted across key sectors. At the close in Moscow, the MOEX Russia Index finished unchanged at 0.00%,...

Politics

Jerome Powell Says Trump Administration Threatened Criminal Charges Over Fed Testimony

U.S. Federal Reserve Chair Jerome Powell said on Sunday that the Trump administration has threatened him with a potential criminal indictment connected to congressional testimony he delivered last summer, escalating an...

Russia Launches Overnight Air Attack on Kyiv, Causing Fire as Air Defenses Respond

Russia carried out an overnight air attack on Kyiv, Ukraines capital, triggering a fire in one of the citys districts, according to Ukrainian military officials on Monday. The assault is part of the ongoing Russia-Ukraine...

Jimmy Lai Faces Sentencing as Hong Kong Security Trial Nears Conclusion

Hong Kongs High Court will on Monday hear the mitigation plea of pro-democracy media tycoon Jimmy Lai, marking the final stage before sentencing in a landmark national security case that has drawn widespread international...

U.S. Lawmakers Split Over Military Action Against Iran Amid Rising Unrest

Some U.S. lawmakers from both major political parties are questioning whether military action against Iran is the best course for the United States as the country experiences its most significant anti-government protests...

UK and NATO Allies Hold Routine Talks on Arctic Security Amid Greenland Deployment Reports

Britain has confirmed that ongoing discussions with NATO allies about strengthening security in the Arctic are part of routine alliance cooperation, following media reports suggesting plans for a possible military...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...
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