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Mercedes-Benz to add 2 EV models in S. Korea in 2020

Jan 27, 2021 23:32 pm UTC| Economy Business

Mercedes-Benz Korea will launch two all-electric models the new EQA and the new EQS in the Korean market in the first and second half this year to gain a share in the local EV market. In 2019, Mercedes Benz launched its...

Facebook's profit soars 53%

Jan 27, 2021 23:26 pm UTC| Economy Business

Facebook posted a profit of $11.2 billion in the final three months of last year, up 53 percent from the previous year, Revenue rose 33 percent to roughly $28 billion during the quarter, showing the durability of its...

Coca-Cola introduces Coke with coffee

Jan 27, 2021 12:03 pm UTC| Business

Coca-Cola Company is starting a trend in the soda industry after it recently launched its coffee-flavored line of sodas. While the company is already known to produce a line of drinks for dieting like Coke Zero, it is now...

Twitter permanently banned My Pillow chief Mike Lindell

Jan 27, 2021 10:07 am UTC| Business

Twitter announced that it is banning My Pillow chief executive officer Mike Lindell from its platform, and this will be for good. This decision came after it was determined that the CEO repeatedly violated the companys...

SK, Geely form a partnership to engage in producing eco-friendly vehicles

Jan 27, 2021 09:52 am UTC| Business

SK Group and Geely are set to work together after signing a partnership deal to form a hydrogen business. It was reported that the South Korean conglomerate is planning to start a new venture and tapped Chinas automotive...

India upholds decision to ban TikTok and 58 other Chinese apps

Jan 27, 2021 08:58 am UTC| Business Economy

India will not be putting back TikTok and other Chinese apps that it previously banned from being used in the country. The decision to retain the ban on 59 apps from China resulted from the review of responses from...

MSCI set to pull out five Chinese firms from the global index to comply with Donald Trump’s EO 13959

Jan 27, 2021 08:39 am UTC| Business Economy

MSCI Inc. revealed this week that it will be pulling out five Chinese companies from its global equity index. The American finance company headquartered in New York City stated that the removal will begin on Jan. 27 since...

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Economy

Russia Stocks End Mixed as MOEX Index Closes Flat Amid Commodity and Currency Moves

Russian stocks finished the latest trading session mixed after the close on Saturday, as gains in select blue-chip shares were offset by declines in energy and technology names. By the end of trading in Moscow, the MOEX...

EU Ambassadors Hold Emergency Talks as Trump Threatens Tariffs Over Greenland Dispute

Ambassadors from the European Unions 27 member states are set to gather on Sunday for an emergency meeting following escalating tensions with the United States, after U.S. President Donald Trump threatened a new wave of...

Macron Warns EU Will Respond to U.S. Tariff Threats Over Greenland

French President Emmanuel Macron has strongly criticized recent tariff threats reportedly made by U.S. President Donald Trump concerning Greenland, warning that Europe will not tolerate economic intimidation and will...

Trump Administration Pushes Rollback of Vehicle Emissions Rules to Lower Car Prices

Senior officials from the Trump administration are promoting major changes to U.S. auto policy, arguing that rolling back vehicle emissions regulations will help lower car prices and address affordability concerns for...

EU and Mercosur Seal Landmark Free Trade Deal After 25 Years of Talks

The European Union and South Americas Mercosur bloc have officially signed a historic free trade agreement, marking a major breakthrough after 25 years of negotiations. The deal was signed on Saturday in Asuncion,...

Politics

U.S. Military Kills Al Qaeda-Linked Leader Connected to Deadly ISIS Attack in Syria

U.S. military forces have killed a senior al Qaeda affiliate leader in Syria who was directly linked to a recent Islamic State (ISIS) attack that targeted American personnel, according to a statement released by U.S....

JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony

United States Vice President JD Vance will lead the American presidential delegation to the opening ceremony of the Milano Cortina Winter Olympics, President Donald Trump announced on Saturday. The highly anticipated...

DOJ Urges Judge to Block Lawmakers’ Bid for Special Master in Jeffrey Epstein Records Case

The U.S. Justice Department has formally asked a New York federal judge to reject a request by two bipartisan lawmakers seeking court oversight of the public release of records related to the late financier and convicted...

Trump Administration Proposes $1 Billion Fee for New Global Peace Board

The Trump administration is reportedly proposing that countries pay as much as $1 billion to secure a seat on a newly envisioned international peace board, according to a Bloomberg News report published Saturday. The...

Syrian Army Advances Into Kurdish-Held Areas Amid Rising Tensions and U.S. Warnings

The Syrian army continued its advance into Kurdish-held territory in northern Syria on Saturday, escalating tensions despite U.S. calls to halt offensive operations. State media reported that government forces had taken...

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

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production

Suppliers producing key components for Nvidias H200 artificial intelligence chips have reportedly paused production after Chinese customs authorities blocked shipments of the newly approved AI processors from entering...

California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery

California Attorney General Robert Bonta has issued a cease-and-desist letter to Elon Musks artificial intelligence company xAI, demanding an immediate stop to the creation and distribution of AI-generated nonconsensual...

TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure

TikTok is set to roll out new age-detection technology across Europe in the coming weeks, as the popular social media platform faces increasing regulatory scrutiny over child safety and age verification. The move follows a...
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