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Wed, Jan 14, 2026 08:07 AM All times are UTC

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Oil in Global Economy Series

Oil and gas companies are seen as climate villains. Truth is, we'll need their expertise to make green hydrogen a reality

Mar 04, 2023 12:12 pm UTC| Economy

Think about oil and gas companies and climate change and chances are youll think dark thoughts. Its true Exxon Mobil had remarkably detailed knowledge of global warming in the 1970s. Some seeded doubt by funding climate...

Tax breaks cost a reported $250 billion, but handle these new figures with care

Mar 04, 2023 11:57 am UTC| Economy

Treasurer Jim Chalmers promised a Tax Expenditures Statement by the end of February and he delivered this week, just in time, on Tuesday February 28. The statement contains many headline-grabbing figures about the cost...

Toyota launches all-new Prius Plug-in Hybrid in Japan

Mar 03, 2023 23:42 pm UTC| Nature Economy Business Life

Toyota Motor Corp will start selling its all-new Prius Plug-in Hybrid (PHEV) models, offered as the Z grade, on March 15. The Prius PHEV, developed under the Hybrid Reborn concept, boasts captivating driving...

Digital Currency Revolution

Visa, Mastercard pause launch of crypto products, services after industry meltdown

Mar 03, 2023 23:35 pm UTC| Digital Currency Economy Business

Visa and Mastercard have decided to push back the launch of certain crypto-related products and services after a string of high-profile collapses in the crypto industry. Both US payment giants are waiting until market...

Samsung Biologics, Pfizer sign $183M CMO deal

Mar 03, 2023 11:55 am UTC| Business Economy

Samsung Biologics Co. was revealed to have won a new CMO contract deal with Pfizer Ireland Pharmaceuticals. The order is said to be worth $183 million, which is equivalent to 15.4% of Samsung Biologics total sales profits...

KT, Intel launching world’s first Wi-Fi 7 via partnership deal

Mar 03, 2023 11:34 am UTC| Business Economy

KT Telecom and Intel Corp. revealed on Thursday, March 2, that they have teamed up to launch the Wi-Fi 7 technology. With its introduction, the South Korean telecom firm will become the first network service operator in...

General Motors reducing costs by laying off 500 employees

Mar 03, 2023 10:03 am UTC| Business Economy

General Motors is laying off hundreds of workers which will affect 500 positions. The automaker made the decision as it is one way to reduce costs. General Motors said that downsizing its workforce will help it save...

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Economy

Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons

Japan has declined to comment on why the Bank of Japan (BOJ) did not join a rare joint statement issued by other major central banks in support of U.S. Federal Reserve Chair Jerome Powell, following reports of threats of...

Gold Prices Hold Near Record Highs as Fed Rate Cut Bets and Iran Tensions Fuel Safe-Haven Demand

Gold prices edged higher in Asian trading on Wednesday, hovering just below the record highs reached in the previous session, as a combination of easing U.S. inflation data, expectations of future Federal Reserve rate...

Asian Stocks Rise as Japan Hits Record Highs and China Gains on Trade Data

Asian stock markets showed mixed but generally positive performance on Wednesday, led by strong gains in Japanese stocks and renewed optimism around Chinas economy and technology sector. Japans equity markets surged to...

US–India Trade Talks Race Toward USD 500 Billion Goal

On January 13, 2026, the United States and India resumed negotiations to establish a new trade relationship between the two countries under the leadership of newly appointed U.S. Ambassador Sergio Gor. The goal of the...

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Politics

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease

Amazon has confirmed that it is in discussions with some of its vendors about adjusting product costs following a recent reduction in U.S. tariff rates on Chinese imports, a move that could influence pricing across its...

Congress Seen as Check on Trump Policies, But Markets Face Rising Volatility, Says BCA Research

Congress is expected to restrain President Donald Trumps most aggressive policy initiatives, but financial markets should prepare for heightened volatility as he tests those boundaries, according to a recent analysis from...

Trump Responds to Criticism at Michigan Auto Plant as Epstein Controversy Resurfaces

U.S. President Donald Trump sparked fresh controversy during a visit to a Michigan auto plant after video footage circulated online showing him making an obscene hand gesture and appearing to direct profanity toward a...

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

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...