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Tue, Jan 13, 2026 03:24 AM All times are UTC

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Campari to initially buy 70% stake in Wilderness Trail Distillery

Oct 31, 2022 22:50 pm UTC| Life Economy Business

Campari Group will purchase an initial 70 percent stake in the bourbon and rye whiskey brand, Wilderness Trail Distillery, for $420 million. , before acquiring the remaining 30% in 2031. Wilderness Trail is valued at...

New York Knicks owner MSG Sports suffer US$27.1 million in losses for Q1 2023

Oct 31, 2022 22:46 pm UTC| Sports Economy Business

Madison Square Garden (MSG) Sports posted a US$24.1 million revenue for its fiscal first quarter of 2023, increasing 28 percent or US$5.3 million on-year. The owner of NBAs New York Knicks and NHLs Rangers cited solid...

Japanese hotel MyStays signs distribution agreement with Sabre as it eyes global expansion

Oct 31, 2022 22:38 pm UTC| Life Economy Business

MyStays Hotel Management has signed a distribution agreement with Sabre as it looks to increase the number of international and corporate guests as Japan relaxes travel requirements. The Japanese hotel chain, which has...

Audi showcases its Cross Pro mountain bike in Bangladesh as fuel prices soar

Oct 31, 2022 22:31 pm UTC| Sports Life Economy Business

With the price of fuel at an all-time high, and people seeking alternative means of transportation, Audi showcased its Audi Cross Pro RS in Bangladesh. Audi produced a total of only 150 units of the Audi Cross Pro RS in...

Renault-backed Beyonca EV venture targets Audi, BMW, Mercedes in China

Oct 31, 2022 22:28 pm UTC| Business Economy Nature

Beyonca plans to unveil its first production car in the first quarter of next year with deliveries from 2024 to take on the likes of Audi and BMW in China from next year with a new premium electric vehicle Founded by a...

Cheaper gas and electricity prices are within Australia's grasp – here's what to do

Oct 31, 2022 08:53 am UTC| Economy

Virtually every country in the world is facing a crisis in energy costs, yet while other countries cant do much about it, Australia can. Australia could get its east coast gas producers to supply the domestic gas market...

Central Banking Series

The Bank of Canada just hiked interest rates for the sixth time — is it too late?

Oct 31, 2022 08:50 am UTC| Economy Central Banks

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this...

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Economy

Trump Administration Faces Backlash Over Criminal Probe Into Fed Chair Jerome Powell

The Trump administrations decision to launch a criminal investigation into Federal Reserve Chair Jerome Powell has triggered strong criticism from former central bank leaders, Republican lawmakers, and global financial...

Asian Stocks Rise as Tech Rally and Japan Election Speculation Lift Markets

Asian stock markets advanced on Tuesday, led by strong gains in technology shares as optimism around artificial intelligence continued to drive investor sentiment. Japans Nikkei 225 index was the standout performer,...

Oil Prices Climb for Fourth Session as Iran Unrest and Supply Risks Fuel Market Fears

Oil prices continued to rise during Asian trading on Tuesday, extending gains for a fourth consecutive session as mounting geopolitical tensions and global supply disruption risks lifted market sentiment. Brent crude and...

Australian Consumer Confidence Falls Further as Rate and Job Worries Grow

Australian consumer confidence weakened further in January, slipping deeper into pessimistic territory as households became increasingly uneasy about interest rates, employment prospects, and the short-term economic...

Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing

South Koreas central bank is widely expected to keep its key interest rate unchanged at 2.50% at its upcoming policy meeting, as a weakening Korean won and lingering inflation pressures reduce room for further monetary...

Politics

Trump Administration Weighs Diplomacy and Military Options as Iran Nuclear Tensions Rise

Senior officials in President Donald Trumps administration are reportedly debating how best to respond to escalating tensions with Iran, as questions grow over Tehrans nuclear program and the possibility of U.S. military...

NYC Nurses Strike Shuts Down 10 Private Hospitals as 15,000 Demand Safer Staffing and Benefits

Thousands of New York City nurses walked off the job on Monday, launching a major nurses strike across 10 private hospitals to demand better staffing levels, stronger healthcare benefits, and protection from workplace...

AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration

AbbVie has announced a major agreement with the U.S. government that could reshape drug pricing and pharmaceutical investment in the country. The company said it has entered into a three-year deal with President Donald...

Trump Warns of New Tariffs as Iran Protests Escalate and U.S.-Iran Tensions Rise

Tehran said it is keeping communication channels open with Washington as U.S. President Donald Trump weighs how to respond to Irans violent crackdown on nationwide protests, one of the most serious challenges to clerical...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

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

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...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...