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Fri, Dec 26, 2025 10:05 PM All times are UTC

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IKEA to Infuse US$327 Million in South Korean Operations

Mar 19, 2024 08:23 am UTC| Business

Swedish furniture giant IKEA will invest 300 million euros (US$327 million) in South Korea over the next three years to strengthen its presence in Asias fourth-largest economy. The company aims to enhance its market share...

Nvidia and Chinese EV Makers Forge Ahead in Auto AI, as BYD Claims Global EV Crown

Mar 19, 2024 07:49 am UTC| Technology Business

Nvidia deepens its collaboration with Chinese EV giant BYD, now the worlds largest EV manufacturer, leveraging Nvidias cutting-edge AI chips to push the boundaries of autonomous driving and digital automotive...

Nike Launches New International Football Kits for Euro 2024, Copa America 2024

Mar 19, 2024 06:59 am UTC| Business Sports

Nike recently unveiled its latest collection of international football kits in preparation for a summer filled with prominent tournaments. With major continental soccer events just around the corner, Nike has followed in...

Nvidia to Power Humanoid Robots Using Generative AI

Mar 19, 2024 06:56 am UTC| Business Technology

Nvidia Corporation said on Monday that it has created a hardware and software platform for building humanoid robots. The software firm also added generative artificial intelligence (AI) features to power the robots. The...

Puma and Formula 1 Collaborate on New Capsule Collection

Mar 19, 2024 05:13 am UTC| Business

Uniqueness: 100%Puma and Formula 1 have unveiled their latest collaborative capsule following the sportswear brands recent agreement to be the official supplier for top-tier international racing. Footwear...

Skyline Chili's Switch from Pepsi to Coca-Cola Products Has Mtn Dew Fans Protesting

Mar 19, 2024 04:09 am UTC| Business

Skyline Chili customers are buzzing about a significant shift in their beloved chains soft drink offerings. The Cincinnati-style chili eatery recently revealed its plan to transition from Pepsi products to Coca-Cola...

Starbucks Reveals Global Leadership Structure; Announces Executives for Newly Created Roles

Mar 19, 2024 04:06 am UTC| Business

Starbucks Corporation announced it has set up a new leadership structure for its global business. The company made this move to intensify the brands reinvention and give it a good boost on the international stage. New...

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Economy

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

Oil prices were mostly unchanged during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to underpin the market. However, thin holiday liquidity and limited...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

China to Tighten Crude Steel Output Controls and Export Regulation Through 2030

China has announced it will continue strict regulation of crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030, reinforcing its long-term strategy to curb overcapacity and reduce carbon...

Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

Asian stock markets climbed to their highest levels in six weeks on Friday, extending a strong year-end rally as investors looked to finish the year on a positive note. Despite thin trading volumes due to market holidays...

Politics

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact

Malaysias former prime minister Najib Razak has been sentenced to an additional 15 years in prison and fined 11.39 billion ringgit (about $2.8 billion) after being found guilty of abuse of power and money laundering in one...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...