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Mon, Jan 12, 2026 01:33 AM All times are UTC

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Only South Africa's elite benefits from black economic empowerment -- and COVID-19 proved it

Sep 05, 2022 04:23 am UTC| Insights & Views Economy

More than two decades ago the South African government put in place a policy designed to redress racial imbalances in the countrys economy. But, as I suggest in a recent paper, the policy known as broad-based black...

Hino Motors cancels plan to produce trucks in Russia

Sep 04, 2022 23:46 pm UTC| Business Economy

Hino Motors has canceled its plan to produce trucks in Russia and will sell an assembly plant under construction in the country. Toyotas truck subsidiary stated that the decision was made after reexamining its overseas...

Cherry flavor added to Pepsi Max offerings in the UK

Sep 04, 2022 23:37 pm UTC| Life Economy Business

SodaStream is adding a Pepsi Max Cherry flavor to its range of sparkling drink mixes in the UK, which will roll into Amazon on September 5, followed by John Lewis, Asda, and Sainsburys later this month. One 440ml bottle...

S. Korea's imports of recreational water leisure Items up 74%

Sep 04, 2022 23:24 pm UTC| Life Sports Economy Business

South Koreas imports of recreational water leisure items increased 73.8 percent year on year to $59 million during the January to July period. This figure was the highest since the coronavirus started spreading in...

Volvo shutting its plant in China due to new COVID-19 restrictions

Sep 03, 2022 04:17 am UTC| Business Economy

Volvo Cars announced the temporary closure of its production plant in Chengdu, China as the region is in lockdown again. The officials have implemented new strict protocols to control the spread of the coronavirus...

Nvidia, AMD ordered to halt the sale of AI chips to China

Sep 02, 2022 09:47 am UTC| Business Economy

Nvidia software company and Advanced Micro Devices Semiconductor (AMD) company are two of the leading chipmakers in the United States. It was reported that they had been recently ordered by officials to stop the sale of...

PepsiCo’s Gatorade to roll out its new caffeinated sports energy drink

Sep 02, 2022 09:43 am UTC| Business Economy

PepsiCos Gatorade is set to launch its newest drink for athletes under the Fast Twitch brand. The new sports beverage is a caffeinated energy drink that will be officially released nationally after its initial debut in the...

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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,...