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Hanwha earmarks 338 billion won to boost production of rechargeable battery chemical

Dec 22, 2021 23:06 pm UTC| Economy Business

Hanwha Solutions Corp is spending 338 billion won to boost its annual production of caustic soda in its Yeosu factory by 270,000 tons to 1.11 million tons by 2025, Also known as sodium hydroxide, caustic soda is a...

US seeks return to Sony of allegedly embezzled $154 million converted to Bitcoin

Dec 22, 2021 21:58 pm UTC| Economy Digital Currency Law Business

The US filed a civil forfeiture complaint to return over $154 million in funds allegedly stolen from a Sony Corp. subsidiary and converted to 3,879 Bitcoins. Based on the FBIs investigation, the Bitcoins, currently...

Washington Wizards grant NFT rights to FTX

Dec 22, 2021 21:33 pm UTC| Sports Digital Currency Economy Business

The Washington Wizards has engaged FTX as its multi-year cryptocurrency exchange and non-fungible token (NFT) partner through the NBA teams ownership group Monumental Sports and Entertainment (MSE). The partnership deal...

McDonald’s South Korea adds Truffle Rich Potato Burgers to the menu

Dec 22, 2021 10:07 am UTC| Business Economy

McDonalds South Korea is preparing for the holidays by releasing new food items. The restaurant just debuted its newest sandwich called the Truffle Rich Potato Burger. Based on the reports, McDonalds added this to the...

Burger King South Africa unveils two new King’s Gourmet burgers

Dec 22, 2021 10:00 am UTC| Business Economy

Burger King South Africa debuts two new awesome burger options, and they are both irresistible. The fast-food chain launches the BBQ Pepper Jack and Mustard Cheese burgers as part of its Kings Gourmet burger...

Delivery delays of potatoes cause McDonald's Japan to run out of French fries

Dec 22, 2021 09:15 am UTC| Economy Business Life

McDonalds Co. (Japan) will limit its french fries offerings to small sizes from Friday to Dec 30 due to delayed deliveries of potatoes from North America caused by flooding near a Vancouver port and a COVID-19-triggered...

NFT: Under Armour joins the Metaverse via the release of Steph Curry ‘wearable’ sneakers

Dec 22, 2021 09:10 am UTC| Business Digital Currency

Under Armour is the latest sneaker and sports apparel brand to join the world of Metaverse and non-fungible tokens or NFT. The company is entering the virtual world by releasing digital replicas of Stephen Currys...

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Economy

Trump Highlights Economic Record in Detroit as Manufacturing and Cost Concerns Dominate Voter Anxiety

President Donald Trump promoted his economic agenda during a speech in Detroit on Tuesday, seeking to refocus national attention on U.S. manufacturing, trade policy, and the rising cost of living as the White House...

Chinese EV Stocks Surge as EU Signals Path to Avoid Import Tariffs

Shares of major Chinese electric vehicle (EV) manufacturers climbed sharply on Tuesday after the European Commission outlined conditions that could allow China-based automakers to avoid import tariffs in the European...

Asian Currencies Weaken as Yen Slides to One-Year Low Amid Oil Price Surge and U.S. Political Risks

Most Asian currencies declined on Tuesday, led by a sharp fall in the Japanese yen, as rising oil prices linked to unrest in Iran and renewed U.S. political and trade uncertainty dampened investor sentiment across the...

Trump Administration Faces Backlash Over Criminal Probe Into Fed Chair Jerome Powell

The Trump administrations decision to launch a criminal investigation into Federal Reserve Chair Jerome Powell has triggered strong criticism from former central bank leaders, Republican lawmakers, and global financial...

Asian Stocks Rise as Tech Rally and Japan Election Speculation Lift Markets

Asian stock markets advanced on Tuesday, led by strong gains in technology shares as optimism around artificial intelligence continued to drive investor sentiment. Japans Nikkei 225 index was the standout performer,...

Politics

Russia Launches Massive Winter Assault on Ukraine’s Cities and Energy Grid

Russia carried out one of its largest attacks of the New Year, striking cities across Ukraine with waves of missiles and drones that killed at least four people and caused widespread blackouts amid freezing temperatures....

Thousands Protest Kurdish Expulsion From Aleppo as Syria Tensions Escalate

Several thousand people marched through northeast Syria under heavy rain on Tuesday to protest the expulsion of Kurdish fighters from Aleppo following days of deadly clashes. The demonstrations highlight growing tensions...

Greenland Residents Back Denmark as U.S. Interest Sparks Geopolitical Tensions

Residents of Nuuk, Greenlands snow-covered capital, are increasingly voicing strong support for remaining part of Denmark amid renewed U.S. interest in the Arctic island. As high-level diplomatic talks are set to take...

Trump Administration Signals Tougher Stance on Citizenship Revocation for Fraud Convictions

U.S. President Donald Trump announced a new policy direction on Tuesday, stating that his administration plans to revoke the citizenship of naturalized immigrants who are convicted of defrauding American citizens. The...

NATO Discusses Arctic Security Measures as Greenland and U.S. Concerns Take Center Stage

NATO member countries are actively discussing the next steps to strengthen collective security in the Arctic, underscoring the regions growing strategic importance amid rising geopolitical tensions. NATO Secretary General...

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

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...