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Sat, Jan 10, 2026 02:34 AM All times are UTC

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Kakao Mobility chief asks shareholders to suspend stake sale

Jul 27, 2022 07:48 am UTC| Business Economy

Kakao Mobility made a request from the majority of its shareholders. The company asked them not to sell shares to a private equity firm or PEF. Earlier this week, the transportation and taxi-hailing firms chief executive...

KFC Thailand reportedly considering sale of its business

Jul 27, 2022 07:24 am UTC| Business Economy

KFC Thailand may be put up for sale by its local franchisee, Restaurants Development Company Limited. It was reported that the RD is considering the sale of its franchise business which is valued at around $300...

Rising tennis star Gauff's New Balance Coco CG1 goes on sale Aug. 29

Jul 27, 2022 00:00 am UTC| Sports Economy Business Life

New Balance has unveiled rising tennis star Coco Gauffs debut signature sneaker, the New Balance Coco CG1, a mid-top sneaker with a 90s inspired design and elevated performance technology. Gauff made sure the sneakers...

Puma to launch LaMelo Ball's MB.01 'Be You' on July 29

Jul 26, 2022 23:54 pm UTC| Sports Economy Business

Puma has unveiled images of LaMelo Balls next signature MB.01s colorway dubbed Be You, set to be launched on 29 July 2022 at 10 am EST. The concept is similar to Nikes What The series, which explores different sneaker...

Sotheby's may be liable for missing diamonds worth $4 million, says court

Jul 26, 2022 23:30 pm UTC| Law Economy Business

A state appellate court ruled Sothebys may be liable for $4 million of disappeared diamonds after it allegedly released them to a stranger. After ML Financial had given the diamonds to Sothebys for appraisal in April...

US federal court rejects Pfizer's appeal over co-pays for heart failure patients

Jul 26, 2022 23:25 pm UTC| Law Health Economy Business

Pfizer Incs challenge to a US anti-kickback law which it says prevented it from helping heart failure patients afford the medicine that cost $225,000 per year was rejected by a federal appeals court. A three-judge panel...

LG Energy Solution partners with Huayou Cobalt to set up battery recycling plant

Jul 26, 2022 10:15 am UTC| Business Economy

LG Energy Solution Ltd. announced on Tuesday, July 26, that it has partnered with Chinas Zhejiang Huayou Cobalt Co. to build a new battery recycling plant. The two agreed to sign a joint venture deal to secure a stable...

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Economy

Stocks Hit Record Highs as Jobs Data Supports Fed Rate Cut Outlook

Global stock markets surged to fresh record highs on Friday as investors reacted positively to a U.S. jobs report that showed slower-than-expected employment growth in December, reinforcing expectations that the Federal...

Wall Street Hits Record Highs as Jobs Data Signals Resilient U.S. Economy

U.S. stock markets finished at record levels on Friday as investors digested a mixed December jobs report that still pointed to underlying economic strength. The SP 500 closed at a fresh all-time high, reinforcing optimism...

U.S. Treasury Says It Can Handle Potential Tariff Refunds if Supreme Court Rules Against Trump

The U.S. Treasury has sufficient funds to cover any potential tariff refunds if the Supreme Court rules against President Donald Trumps use of emergency powers to impose broad tariffs, Treasury Secretary Scott Bessent said...

Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure

U.S. President Donald Trump met with executives from major American and international oil companies at the White House on Friday to promote a bold plan aimed at reviving Venezuelas oil industry through up to $100 billion...

Supreme Court Showdown: Trump's Sweeping Tariffs on the Brink of Landmark Ruling

On the legality of President Trumps extensive tariffs applied under the International Emergency Economic Powers Act (IEEPA), the U.S. Supreme Court is set to release a much-awaited decision as early as today, January 9,...

Politics

Trump Says U.S. Must Control Greenland to Counter Russia and China

U.S. President Donald Trump said on Friday that the United States needs to own Greenland in order to prevent Russia or China from potentially occupying the strategically important Arctic territory in the future. Speaking...

Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026

U.S. President Donald Trump has renewed attention on consumer finance policy after publicly calling for a one-year cap on credit card interest rates at 10%, set to begin on January 20, 2026. The announcement, made via his...

U.S. Judge Blocks Trump Administration’s $10 Billion Federal Funding Freeze to Democratic States

A U.S. federal judge has temporarily blocked the Trump administration from freezing more than $10 billion in federal funding for childcare and family assistance programs in five Democratic-led states, marking a significant...

Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks

U.S. Energy Secretary Chris Wright said Friday that Chevron has identified a clear pathway to significantly expand its oil production in Venezuela, potentially increasing output by 50% over the next 18 to 24 months. His...

EU Set to Approve Historic Mercosur Trade Deal Amid Farmer Protests

European Union nations are expected to approve the signing of the blocs largest-ever free trade agreement with the South American Mercosur group, marking a major milestone more than 25 years after negotiations began. The...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

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,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...