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Shinsegae Food unveils $6M investment plans in Better Foods for its plant-based push

Jul 25, 2022 09:17 am UTC| Business Economy

Shinsegae Food Inc. revealed it would be investing $6 million into Better Foods for the production of plant-based food items. The latter is said to be the companys US-based subsidiary. According to Korea Joongang Daily,...

Hana Financial, SK Telecom bolster partnership in digital financing biz, ESG

Jul 25, 2022 08:19 am UTC| Business Economy

Hana Finacial Group and SK Telecom have signed a deal to work together on setting up a new environmental, social and governance (ESG) model and for the telecom firm to expand its financing business too. It was reported the...

Baidu introduces its autonomous vehicle with removable steering wheel

Jul 25, 2022 07:22 am UTC| Business Economy

Baidu, Inc., a Chinese tech firm specializing in Internet-related services and products, and artificial intelligence, has unveiled its fully autonomous vehicle called Apollo RT6. The next-generation AV is an all-electric...

West Japan Railway offers train tickets with 'roll-the-dice' destinations

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

West Japan Railway (JR West) is now offering train tickets at a huge discount with the destination being a matter of chance. The possibilities for those buying JR Wests Saikoro Ticket, named after the Japanese word for...

Puma unveils AC Milan's 022/23 Away kit

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

Global sports company PUMA has launched AC Milans 2022/23 Away kit, inspired by the teams seven Champions League titles. The new Away kit will be worn by the mens, womens, and youth .teams The all-white Away kit...

Puma collaborates with Porsche for its new King Platinum 21

Jul 24, 2022 22:52 pm UTC| Sports Economy Business

German sports equipment manufacturer Puma is collaborating with Porsche to pay tribute to Maradona and Pelé in its black and yellow King Platinum 21. In the continuity of the version presented in August 2021,...

Liquid-based e-cigarettes emit 12 times more ultrafine dust than regular cigarettes: study

Jul 24, 2022 22:33 pm UTC| Health Economy Business

Liquid-based e-cigarettes emit 12 times more ultrafine dust than regular cigarettes, according to a recent study by the Korea Disease Control and Prevention Agency. By photographing smoke and aerosols emitted from...

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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...
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