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Hanwha Solutions injects $549.6M for its solar energy business, to establish JV with GS Energy

Sep 08, 2022 08:42 am UTC| Business Economy

Hanwha Solutions Corporation is spending more than KRW760 billion or about $549.6 million for its solar energy unit. This will be the companys latest investment as one of the key energy units of the Hanhwa Group. Hanwha...

Domino's offers special discount deal to customers as inflation bites

Sep 08, 2022 08:41 am UTC| Business Economy

Dominos Pizza announces its newest offering as people are struggling to cope with surging prices and high inflation. The pizza chain launched its Inflation Relief Deal to offer customers a 20% discount for all online...

Kirin Beverage ordered to ensure correct labeling

Sep 07, 2022 23:42 pm UTC| Law Economy Business Life Health

Japans Consumer Affairs Agency ordered Kirin Beverage to prevent a recurrence of deceptive packaging for its juice product. Although its Tropicana melon taste juice product was labeled as 100 percent melon by Kirin...

California governor signs landmark law boosting benefits for fast food workers

Sep 07, 2022 23:42 pm UTC| Law Economy Business

California Gov. Gavin Newsom signed a measure giving over a half-million fast food workers more benefits, including a higher minimum wage of $22 per hour despite warnings from restaurant operators that it would drive up...

4 S. Korean firms collaborate to produce ammonia-based clean hydrogen

Sep 07, 2022 23:42 pm UTC| Nature Economy Business

LG Chem Ltd., Samsung CT Corp., Namhae Chemical Corp., and Doosan Enerbility Co. have signed a memorandum of understanding to cooperate in ammonia-based clean hydrogen production and usage. LG Chem intends to use clean...

Hyundai, Mercedes poised to lose top sales performance in Korea to Kia, BMW

Sep 07, 2022 23:41 pm UTC| Business Economy

Top domestic and imported automakers Hyundai Motor and Mercedes-Benz may give way to other competitors in sales performance in South Korea this year. According to industry tracker CarIsYou Data Research Center, Kia...

Xampla to develop microcapsules for infusing vitamins to soft drinks, other beverages

Sep 07, 2022 23:41 pm UTC| Health Economy Business

Xampla is collaborating with Britvic to develop vitamin microcapsules that may be mircopackaged in beverages without affecting the taste and the risk of degradation during transit and storage. A microscopic droplet of...

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Economy

U.S. Stock Futures Edge Lower Ahead of Key Q4 Earnings and Inflation Data

U.S. stock index futures slipped slightly on Sunday evening as investors turned cautious ahead of a pivotal week filled with major fourth-quarter earnings reports and crucial inflation data for December. The modest...

U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation

U.S. prosecutors have reportedly opened an investigation into Federal Reserve Chair Jerome Powell regarding the renovation of the central banks Washington, D.C. headquarters, according to a New York Times report published...

Gold Prices Hit Record High in 2026 as Safe-Haven Demand Surges

Spot gold prices surged more than 1% on Monday, reaching their first record high of 2026 at $4,563.61 per ounce, as investors flocked to the precious metal amid heightened geopolitical tensions and growing expectations of...

Trump Tightens Pressure on Cuba as Venezuelan Oil Supplies Halt

U.S. President Donald Trump has escalated pressure on Cuba by declaring that no more Venezuelan oil or money will flow to the Communist-run island, urging Havana to strike a deal with Washington before it is too late. The...

Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal

Commodities trading giant Vitol is preparing to load the first shipment of U.S. naphtha bound for Venezuela this weekend, marking a significant step in efforts to revive the countrys oil industry. According to sources...

Politics

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

Chinas lead trade negotiator Li Chenggang has emerged as one of the most influential figures in U.S.-China trade negotiations, despite a rocky moment last year that briefly threatened to derail high-level diplomacy. In...

Trump Weighs Military and Diplomatic Options as Protests Intensify in Iran

President Donald Trump said on Sunday that his administration is considering a wide range of responses to the growing unrest in Iran, including potential military options, as large-scale protests continue to spread across...

Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable”

U.S. President Donald Trump said on Sunday that he may consider blocking Exxon Mobil from investing in Venezuela, following comments made by Exxons chief executive during a recent White House meeting. The remarks have...

Jerome Powell Says Trump Administration Threatened Criminal Charges Over Fed Testimony

U.S. Federal Reserve Chair Jerome Powell said on Sunday that the Trump administration has threatened him with a potential criminal indictment connected to congressional testimony he delivered last summer, escalating an...

Russia Launches Overnight Air Attack on Kyiv, Causing Fire as Air Defenses Respond

Russia carried out an overnight air attack on Kyiv, Ukraines capital, triggering a fire in one of the citys districts, according to Ukrainian military officials on Monday. The assault is part of the ongoing Russia-Ukraine...

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

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...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...
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