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Tue, Jan 13, 2026 01:57 AM All times are UTC

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Adidas' next CEO has massive task of dealing with unsold shoes

Oct 23, 2022 22:39 pm UTC| Life Sports Economy Business

Adidas AG revealed that unsold goods are piling up as consumer demand weakens across China and western markets, sending the German sports apparel makers stock slumping as much as 10 percent. Its Adidas second profit...

Hormel in talks to acquire stake in GarudaFood

Oct 23, 2022 22:16 pm UTC| Economy Business

Hormel Foods Corp. is hammering out the details to acquire a minority stake in Indonesias top snack-food maker PT GarudaFood Putra Putri Jaya from private equity firm CVC Capital Partners for a few hundred million...

Casio to release flare red models for G-SHOCK 40th anniversary

Oct 21, 2022 23:59 pm UTC| Life Economy Business

Casio Computer Co., Ltd. will release two new additions to the G-SHOCK watches: the MTG-B3000FR and GWG-2040FR in the run-up to the 40th anniversary of the shock-resistant brand on April 2023. The two Flare Red...

Nestlé invests €2.3m in green thermal energy system at Spanish factory

Oct 21, 2022 23:59 pm UTC| Nature Economy Business

Nestlé has invested 2.3 million in an efficient thermal energy system at its chocolate factory in La Penilla de Cayón, Spain, which will save energy by almost 5 percent while reducing CO2 emissions by almost...

Coupang Play to exclusively stream La Liga in South Korea

Oct 21, 2022 23:59 pm UTC| Sports Economy Business

Coupang has signed a five-year agreement to take over the South Korean broadcast partnership for Spanish soccers La Liga. The deal kicks in from the start of the 2023/24 season. The South Korean e-commerce company,...

Lionel Messi sets up sports investment firm

Oct 21, 2022 23:58 pm UTC| Sports Economy Business

Soccer icon Lionel Messi has launched a California-based firm focusing on global investments in the sports, technology, and media spaces dubbed the Play Time Sports-Tech. The firm seeks to invest in stage agnostic...

NBA nets highest opening night TV audience in 5 years with 3.3 million viewers

Oct 21, 2022 23:58 pm UTC| Sports Economy Business

The NBA had an average audience of 3.3 million viewers for its opening night to record the highest TV audience in five years, with a 17 percent increase on the 2021/22 season, according to Sports Media Watch. The league...

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Economy

Trump Announces 25% U.S. Tariff on Countries Doing Business With Iran

U.S. President Donald Trump announced on Monday that the United States will impose a sweeping 25% tariff on any country that continues to do business with Iran, significantly escalating Washingtons economic pressure on...

Global Smartphone Shipments Rise 2% in 2025 as Apple Leads Market, Outlook Weakens for 2026

Global smartphone shipments recorded a modest 2% year-on-year increase in 2025, signaling a gradual recovery for the mobile industry, according to a report released by Counterpoint Research. The growth was largely fueled...

Asian Currencies Hold Steady as Dollar Slips on Powell Investigation Concerns

Asian currencies traded mostly flat on Monday as the U.S. dollar weakened following news that the U.S. government had opened a criminal investigation involving Federal Reserve Chair Jerome Powell, raising fresh concerns...

Asian Stocks Edge Higher as Tech Shares Lead Gains Amid Global Uncertainty

Most Asian stock markets moved higher on Monday, led by gains in technology shares that followed a strong performance by U.S. peers, although overall advances remained limited due to rising geopolitical and macroeconomic...

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Politics

U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events

The United States government has announced a $115 million investment in counter-drone measures aimed at strengthening security for major upcoming events, including the FIFA World Cup and Americas 250th Anniversary...

Zelenskiy Urges Global Support for Iranian Protests Amid Rising Tensions With Russia

Ukrainian President Volodymyr Zelenskiy has called on the international community to actively support the ongoing protests in Iran, describing them as a critical opportunity for change and freedom from a regime he says has...

Marine Le Pen Appeal Puts 2027 French Presidential Race in the Balance

Marine Le Pen, the prominent leader of Frances far-right National Rally (RN), has begun a decisive appeal in Paris that could determine whether she is eligible to run in the 2027 French presidential election. The legal...

South Korea’s Lee Jae Myung Seeks Diplomatic Balance in Japan Summit Amid China Tensions

South Korean President Lee Jae Myung is set to hold a summit with Japanese Prime Minister Sanae Takaichi on Tuesday in Nara City, highlighting Seouls ongoing effort to balance relations with its two key neighbours, Japan...

Australian Arts Festival Faces Author Boycott Amid Free Speech and Antisemitism Debate

A leading Australian arts festival has been thrown into turmoil after dozens of writers withdrew in protest over the decision to bar an Australian Palestinian author following the Bondi Beach mass shooting, reigniting 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

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...

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...