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Tue, Jan 20, 2026 07:51 AM All times are UTC

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Zoom's Sales Skyrocket During Pandemic

Jun 03, 2020 13:04 pm UTC| Business

Zooms sales jumped 169 percent year-on-year to $328.2 million in the three months to 30 April, as it added over 180,000 customers, each with more than 10 workers since January. It also made a $27 million profit in the...

Grupo Bimbo Touts Use of Renewable Energy in Argentina

Jun 03, 2020 13:04 pm UTC| Business

Grupo Bimbo announced that its five plants in Argentina are now operating with 100 percent electrical energy from renewable sources. Argentina is the seventh country where Grupo Bimbo operates using has 100 percent...

Google Rejects Australia's Demand for Revenue Sharing

Jun 03, 2020 13:03 pm UTC| Business

Google has rejected the Australian governments demands to pay Australian news media hundreds of millions of dollars per year under a revenue-sharing arrangement. Australias leading news publishers are demanding that the...

SsangYong Motor Sells Service Center to Survive Liquidity Crunch

Jun 03, 2020 13:02 pm UTC| Business

SsangYong Motor Co has sold its local after-sales service center in Guro, Seoul, for 180 billion won to local asset management firm PIA to help it survive a liquidity crunch. The South Korean unit of Indian carmaker...

S. Korean Firms to Export 71.6-B Won Worth of Laver to Japan

Jun 03, 2020 13:02 pm UTC| Business

Over 40 South Korean companies will export 71.6 billion won worth of dried laver to Japan, up 20.9 percent from a year earlier. In terms of volume, the deals were 25.1 percent higher from the previous year. The deals...

UK's Soon-To-Be Largest Solar Farm on the Rise

Jun 03, 2020 13:02 pm UTC| Business

The UK government approved the development of the $555 million Cleve Hill Solar Park, which would be the countrys largest solar park, on the north Kent coast. The project would be a joint venture between Hive Energy and...

Norwegian Joint Venture to Recover Raw Materials From Electric Vehicle Batteries

Jun 03, 2020 13:02 pm UTC| Business

Norsk Hydro and Northvolt have set up a joint venture dubbed Hydro Volt to operate a recycling hub of battery materials and aluminum from electric vehicles. Operations in the hub to be built in the city of Fredrikstad...

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Economy

Gold Price Hits Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Gold prices surged to a fresh record high during Asian trading on Tuesday, extending a powerful rally as investors sought safety amid heightened geopolitical uncertainty and a weaker U.S. dollar. Bullion remained firmly...

Japanese Government Bond Yields Surge to Record Highs Amid Election and Fiscal Fears

Long-dated Japanese government bond (JGB) yields surged to record highs on Tuesday, rattling global fixed-income markets as investors reacted to mounting political and fiscal uncertainty ahead of a potential February...

Asian Currencies Trade Narrowly as Dollar Slips on Trump-Greenland Tensions

Most Asian currencies traded within a tight range on Tuesday, while the U.S. dollar edged lower as renewed geopolitical concerns dampened investor appetite for American assets. Market sentiment turned cautious after U.S....

Australia’s Second-Largest Pension Fund Boosts Currency Hedging Amid Weaker U.S. Dollar Outlook

Australias second-largest pension fund, Australian Retirement Trust (ART), has announced it is reducing its exposure to the U.S. dollar by increasing currency hedging, as global investors reassess their U.S. allocations...

Trump Threatens 200% Tariff on French Wine Over Macron’s Refusal to Join Peace Board

U.S. President Donald Trump has sparked fresh controversy after saying he would impose a 200% tariff on French wines and champagnes, linking the move to French President Emmanuel Macrons refusal to join his proposed Board...

Politics

Supreme Court Tests Federal Reserve Independence Amid Trump’s Bid to Fire Lisa Cook

The U.S. Supreme Court is once again at the center of a high-stakes legal battle with major economic implications, as it considers the legality of President Donald Trumps attempt to fire Federal Reserve Governor Lisa Cook....

Trump Revives Greenland Ownership Push Ahead of World Economic Forum in Davos

U.S. President Donald Trump has once again reignited debate over Greenland, reiterating his long-standing call for American ownership of the Arctic territory just days before attending the World Economic Forum (WEF) in...

Trump Says Greenland Is Key to Global Security After Call With NATO Chief

U.S. President Donald Trump said on Tuesday that he held a very good telephone conversation with NATO Secretary General Mark Rutte, during which they discussed issues of global security, including the strategic importance...

Minnesota U.S. Citizen Detained by ICE in Armed Raid Sparks Outrage and Civil Rights Concerns

A Minnesota mans traumatic encounter with U.S. Immigration and Customs Enforcement has ignited renewed debate over immigration enforcement practices and civil rights under the Trump administration. ChongLy Thao, 56, a...

Russian Drone and Missile Attack Disrupts Power and Water in Kyiv

Russian forces carried out a large-scale combined drone and missile attack on Ukraines capital, Kyiv, early Tuesday, causing significant disruptions to essential infrastructure and injuring at least one person, according...

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