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Coca-Cola investing $42M to open bottling and distribution center in Canada

Jun 23, 2022 08:19 am UTC| Business Economy

Coca-Cola will be spending $42 million to build its new bottling and distribution facility in South Richmond, Canada. It was reported that the beverage company inked a lease deal for the land where it can expand its...

Tesla to sack some salaried staff but will hire again later; Former employees filed lawsuit over mass layoff

Jun 23, 2022 08:10 am UTC| Business Economy

Tesla is laying off around 10% of its salaried employees, and Elon Musk, the firms chief executive officer, confirmed this on Tuesday, June 21. While many people are set to lose their jobs, the EV maker said that it is...

Daewoo E&C to develop wearable robots for construction workers to help prevent musculoskeletal disorders

Jun 22, 2022 23:35 pm UTC| Business Economy Health

Daewoo Engineering Construction Co. will develop wearable robots that can be worn by construction workers that could help prevent musculoskeletal disorders and maintain productivity. The wearable robots consist of a...

Hyundai Oilbank to sell micro EV Cevo C at gas stations

Jun 22, 2022 23:35 pm UTC| Business Economy Nature

For the first time, Hyundai Oilbank Co. will launch a sales brokerage service partnership with local micro EV manufacturer Cevo Mobility for micro-electric vehicles among South Korean oil refiners. The company will...

Esports fantasy startup FanClash raises additional US$40 million to fund global expansion

Jun 22, 2022 23:35 pm UTC| Sports Technology Economy Business

Indian fantasy esports gaming startup FanClash raised US$40 million in fresh funding, which pushed the total amount it raised for its global expansion to $50.5 million. The Series B round was led by Alpha Wave Global,...

Digital Currency Revolution

LA Angels and Washington Wizards lose out on sponsorships due to crypto crash

Jun 22, 2022 23:34 pm UTC| Sports Economy Business Digital Currency

MLBs Los Angeles Angels and the NBAs Washington Wizards have lost out on major sponsorship deals due to the downturn in cryptocurrency. According to reports, the Wizards agreement with an unnamed cryptocurrency company...

McLaren Racing to develop fully sustainable F1 car as part of green goals

Jun 22, 2022 23:28 pm UTC| Sports Nature Economy Business

McLaren Racing has detailed plans in its report to develop a fully circular sustainable Formula One car as part of efforts to halve its greenhouse gas (GHG) footprint by 2030 and achieve carbon next zero by 2040. The...

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Economy

Philippine Central Bank Signals Steady Interest Rates as Inflation Rises and Growth Slows

The Bangko Sentral ng Pilipinas (BSP) is expected to keep interest rates at their current levels after inflation accelerated in December while economic growth showed signs of slowing, according to BSP Governor Eli...

Asian Stock Markets Rally as Japan Hits Record Highs on Chip and AI Optimism

Asian stock markets mostly advanced on Tuesday, extending a strong regional rally driven by gains in technology and semiconductor stocks, with Japanese equities leading the surge. Japans TOPIX index climbed 1.5% to a fresh...

Oil Prices Edge Lower as Markets Weigh Venezuela Turmoil and Supply Outlook

Oil prices dipped slightly in Asian trading on Tuesday as market volatility eased and investors assessed the implications of the United States dramatic capture of Venezuelan President Nicolas Maduro. While crude prices...

Asian Currencies Hold Steady as Yen Gains on BOJ Signals and Dollar Volatility Eases

Most Asian currencies traded within a narrow range on Tuesday, reflecting a cautious market mood as investors awaited key economic data from the United States and Asia. The Japanese yen remained one of the notable movers,...

UK Retail Prices Rise as Cost Pressures Threaten Further Increases in 2026

British retail prices rose at a faster pace last month, and retailers may find it difficult to prevent further price increases in 2026 as cost pressures continue to build, according to the British Retail Consortium (BRC)....

Politics

Maria Corina Machado Says She Has Not Spoken to Donald Trump Since October Amid Venezuela Crisis

Venezuelan opposition leader and Nobel Peace Prize laureate Maria Corina Machado said on Monday that she has not spoken with U.S. President Donald Trump since October, addressing speculation about her relationship with...

UN Warns of Venezuela Instability After U.S. Capture of President Nicolas Maduro

The United Nations has raised serious concerns over growing instability in Venezuela following the United States capture of President Nicolas Maduro, an operation that has sparked sharp debate at the U.N. Security Council...

Trump Administration Denies Nation-Building Plans After Venezuela Military Operation

Republican lawmakers said President Donald Trump does not intend to occupy or engage in nation-building in Venezuela, following a classified congressional briefing on U.S. policy toward the South American country. The...

Israeli Military Launches Strikes in Lebanon Amid Ceasefire Tensions

The Israeli military on Monday launched a series of airstrikes in Lebanon, targeting what it described as Hezbollah and Hamas positions, escalating tensions despite an existing ceasefire agreement. The strikes followed...

Nicolas Maduro Pleads Not Guilty in U.S. Court After Dramatic Arrest Ordered by Trump

Former Venezuelan President Nicolas Maduro pleaded not guilty on Monday in a Manhattan federal court after a dramatic U.S. military operation ordered by President Donald Trump led to his capture, sending shockwaves through...

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

AMD Unveils Next-Generation AI and PC Chips at CES, Highlights Major OpenAI Partnership

Advanced Micro Devices (NASDAQ: AMD) took center stage at CES in Las Vegas as CEO Lisa Su unveiled a powerful new lineup of PC and artificial intelligence processors, signaling the companys aggressive push into the...

Intel Unveils Panther Lake AI Laptop Chips at CES 2025, Marking Major 18A Manufacturing Milestone

Intel has officially launched Panther Lake, its next-generation AI chip for laptops, at the CES 2025 trade show in Las Vegas, signaling a critical step in the companys turnaround strategy and its push to regain market...

Mercedes-Benz to Launch Advanced Urban Self-Driving System in the U.S., Challenging Tesla FSD

Mercedes-Benz announced on Monday that it will introduce a new advanced driver-assistance system in the United States later this year, marking a major step forward in autonomous driving technology. The system, called...

Dell Revives XPS Laptop Lineup With New XPS 14 and XPS 16 to Boost Premium PC Demand

Dell has officially revived its popular XPS laptop lineup, marking a strategic reversal just a year after retiring the premium brand. The move comes as the company seeks to stimulate demand in a sluggish global personal...

BTIG Initiates Buy on SoftBank as AI and Robotics Strategy Gains Momentum

BTIG has initiated coverage of SoftBank Group Corp. (TYO:9984) with a Buy rating, citing the Japanese investment conglomerates strong positioning at the intersection of artificial intelligence and robotics. The brokerage...
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