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Mon, Jan 19, 2026 04:00 PM All times are UTC

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Chinese EV maker XPeng eyes to $1.11-B in US IPO

Aug 22, 2020 03:33 am UTC| Business

Chinese electric vehicle manufacturer XPeng Inc intends to sell 85 million American depositary shares (ADS) to raise up to $1.11 billion in its initial public offering (IPO) in New York. Each ADS represents two Class A...

Volkswagen now producing ID.4 electric SUV to take on Tesla's Model Y

Aug 22, 2020 01:57 am UTC| Business

Volkswagen has started producing the ID.4 compact SUV, which could compete with Teslas Model Y, at its plant in Zwickau. The ID.4 is Volkswagens first electric SUV. According to Ralf Brandsttter, head of the...

Korea Shipbuilding tapped to build 10 petrochemical carriers by Saudi firm

Aug 22, 2020 01:52 am UTC| Business

Korea Shipbuilding Offshore Engineering Co. clinched a 485 billion-won order from a Saudi shipper to build 10 petrochemical carriers, each weighing 50,000 tons. The vessels would be built by its subsidiary Hyundai Mipo...

Chemknock partners with Chemicalnews to revitalize the domestic chemical industry

Aug 21, 2020 11:19 am UTC| Business

E-Biz and News Media Chemicalnews signed a memorandum of understanding (MOU) to work closely in support of small and medium-sized companies in the local chemical industry. E-Biz Inc. owns the B2B platform called...

Merger interest boosts shares of hoteliers Accor, IHG

Aug 21, 2020 02:43 am UTC| Business

Shares of Frances Accor went up 1.9 percent on Thursday following reports of a potential merger with UKs InterContinental Hotels that would form the worlds biggest hotel group with a market value of about $17 billion. A...

US firm mum on 'rumor and speculation' about SsangYong Motor bid

Aug 21, 2020 01:03 am UTC| Business

California-based HAAH Automotive Holdings, Inc. called the news that it would submit a binding offer next month to acquire a stake in SsangYong Motor Co. as mere rumor and speculation. Such categorization came from...

Digital Onboarding Explained

Aug 20, 2020 12:04 pm UTC| Business

If youre familiar with online marketing, then youve heard of the term before. As the COVID-19 pandemic grips the world, industries must find ways to evolve to remain active. The banking industry is no different, and it...

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Economy

Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets

Fears of a global trade war have been revived by President Trumps declaration of 10% tariffs on imports from eight EU countries over issues connected with Greenland on January 17, 2026. Against a backdrop of strained...

France Nears 2026 Budget Deal as Government Offers Concessions to Avoid No-Confidence Vote

France is moving closer to securing a 2026 budget deal after months of political deadlock, following new concessions proposed by President Emmanuel Macrons minority government. Senior Socialist lawmaker Boris Vallaud said...

Asian Stock Markets Slide as Trump’s Greenland Tariff Threat Shakes Global Sentiment

Asian stock markets mostly declined on Monday as renewed trade tariff threats from U.S. President Donald Trump reignited global risk aversion. Investor sentiment weakened after Trump announced potential tariffs of up to...

China Economic Growth Slows in Q4 as Domestic Demand Weakens Despite Meeting 2025 Target

Chinas economic growth slowed to a three-year low in the fourth quarter, highlighting mounting pressure on the worlds second-largest economy as weak domestic demand, a prolonged property downturn, and structural imbalances...

Oil Prices Steady in Asia as Iran Supply Fears Ease and Trump Tariff Threats Weigh

Oil prices were largely steady during Asian trading on Monday, reflecting a cautious market mood after significant volatility last week driven by geopolitical and trade-related developments. Brent crude futures for March...

Politics

Kazakh President Tokayev Accepts Invitation to Join Trump-Proposed “Board of Peace”

Kazakh President Kassym-Jomart Tokayev has agreed to join the proposed Board of Peace, an international initiative put forward by U.S. President Donald Trump, according to statements from Tokayevs spokesperson. The...

Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York

U.S. President Donald Trump has sharply criticized the establishment of a Dallas-based stock exchange branded as a New York Stock Exchange, calling the move unbelievably bad for New York and warning that it represents a...

CBS News to Air Delayed 60 Minutes Report on El Salvador’s CECOT Mega-Prison

CBS News is set to air a previously postponed 60 Minutes investigation on Sunday night, focusing on El Salvadors controversial CECOT mega-prison and the treatment of migrants deported from the United States. The report,...

Vietnam Communist Party Congress to Shape Leadership and Economic Strategy

Hundreds of delegates from Vietnams ruling Communist Party are gathering in Hanoi under tight security for a pivotal week-long congress that will determine the countrys top leadership and set economic and security...

Iran Warns of Harsh Response to Possible U.S. Strike Amid Deadly Nationwide Protests

Irans president has warned that any U.S. military strike against the country would trigger a harsh and regrettable response, as Iran faces mounting international scrutiny over its deadliest wave of protests in decades. The...

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

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

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...

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...

Digital Currency