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South Korea wins first large shipbuilding orders; KSOE reveals KRW288 billion worth of new orders in early 2021

Jan 11, 2021 07:26 am UTC| Business

The shipbuilding industry in South Korea starts the year strong after acquiring its first large order this year. The order came just a few days into the year 2021, and as share by the Korea Shipbuilding Offshore...

Citigroup, JPMorgan, Mariott, and more are cutting donations to Republicans and Democrats after the deadly US Capitol riot

Jan 11, 2021 05:22 am UTC| Business

Big companies are cutting their ties to political parties after what happened at the US Capitol last week. It was reported that five companies, including Citigroup, Marriott, JP Morgan, Commerce Bank, and Blue Cross Blue...

Electric Vehicle Series

Tesla to tailor-fit cars for China

Jan 11, 2021 03:52 am UTC| Business

Tesla Inc is planning to design electric cars tailored to Chinese consumer tastes and is looking for a design director for the full-function studio it would put up either in Shanghai or Beijing. The companys human...

OSI Group's Commitment to Sustainability Continues

Jan 11, 2021 01:13 am UTC| Business

Part of the strength of OSI Group is its ability to not only spot trends in food and the food supply, but also to accurately predict how these trends will evolve in the future. This includes determining how the company and...

S. Korea's credit loans soar in early January due to relaxed lending rules, bullish market

Jan 10, 2021 22:54 pm UTC| Economy Business

Credit loans of South Koreas five major commercial banks increased by 453 billion won in the first week of 2021, fueled by a bullish stock market and eased bank loan rules, data showed Sunday. The total credit loan...

S. Korea to phase out industrial waste imports

Jan 10, 2021 22:15 pm UTC| Economy Business

South Korea will prohibit or restrict industrial waste importations to increase the recycling of domestic waste. According to the Ministry of Environment, the importation of waste plastics, mixed waste paper, and waste...

Climate Change Series

Bank of America, 19 others urged to address pollution in lending to plastics firms: report

Jan 10, 2021 09:42 am UTC| Business

A report by research network portfolio.earth revealed that Bank of America Corp, Citigroup Inc, and JPMorgan Chase Co provided the most financing to plastics firms without imposing any pro-environment due diligence or...

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Economy

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

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...

Politics

Pentagon Prepares Troops for Possible Minnesota Deployment Amid Deportation Protests

The Pentagon has placed roughly 1,500 active-duty U.S. Army soldiers on prepare-to-deploy status amid escalating protests in Minnesota linked to the federal governments immigration enforcement campaign, according to U.S....

Pedro Sánchez Warns U.S. Greenland Move Could Undermine NATO and Benefit Russia

Spanish Prime Minister Pedro Sánchez has warned that any attempt by the United States to invade or forcibly acquire Greenland would seriously damage NATO unity and ultimately benefit Russian President Vladimir...

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...

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...