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Mon, Jan 05, 2026 04:45 AM All times are UTC

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Shopee reportedly planning mass layoffs worldwide after shutting operations in Spain, India

Jun 15, 2022 08:10 am UTC| Business Economy

Shopee is said to be calling for a mass layoff of its employees, and this news emerged as the company is shutting down some of its operations in some regions, including Spain, India, and France. The job cuts will mainly...

Fried chicken prices soar to record high in S. Korea

Jun 15, 2022 07:47 am UTC| Life Economy Business

The price of fried chicken in South Korea jumped 6.6 percent, the highest this year among 39 types of outdoor food, according to data from the Korean Statistical Information Service. A single order of fried chicken in...

Samsung Biologics expands CMO operations, building first production plant in the US

Jun 15, 2022 07:40 am UTC| Business Economy

Samsung Biologics is expanding its CMO or contract manufacturing organization business, and as part of its plans, it is constructing its very first overseas production plant in the United States. On Monday, June 13,...

Central Banking Series

5 things to know about the Fed's interest rate increase and how it will affect you

Jun 15, 2022 07:37 am UTC| Economy Central Banks

The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....

Heinz and Tesco partner with packaging industry experts to develop recycled soft plastic pots

Jun 15, 2022 06:37 am UTC| Nature Economy Business Life

Heinz and UK supermarket Tesco are collaborating with packaging industry experts Plastic Energy, Sabic, and Berry Globa to develop and trial recycled soft plastic for Heinz Beanz Snap Pots. Heinz Beanz Snap Pots are...

Burberry signs Tottenham Hotspur star Son Heung-Min as brand ambassador

Jun 14, 2022 23:56 pm UTC| Sports Life Economy Business

Tottenham Hotspur star Son Heung-Min has signed an endorsement deal with UK luxury fashion house Burberry. With a combined social media following of more than 12.6 million, Son, a South Korean national team soccer star,...

Givenchy to launch NFTs in celebration of Pride

Jun 14, 2022 22:17 pm UTC| Life Economy Business

Givenchy Parfums will launch a non-fungible token (NFT) based on photos and reinterpreted with the colors of the rainbow in collaboration with London gallery owner Amar Singh and the Rewind artist collective in celebration...

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Economy

Venezuela Turmoil, India Tailwind: Why Stable $60–65 Oil Is Mildly Positive for Markets

Because economic connections are now very little, US military activity in Venezuela has hardly any direct impact on India. Imports from Venezuela by India have fallen with total imports at around $364.5 million in 202425...

Asian Markets Rise as Investors Weigh Venezuela Crisis, Oil Prices, and Key Economic Data

Asian stock markets opened higher on Monday as investors largely looked past recent U.S. military action in Venezuela and turned their attention to a busy week of global economic data releases. In the first full trading...

Japan Manufacturing PMI Stalls in December as Demand Shows Signs of Stabilization

Japans manufacturing activity showed signs of stabilization in December, ending a five-month period of contraction, as demand declined at a slower pace, according to the latest private-sector survey. The SP Global Japan...

Gold Prices Surge as Venezuela Crisis Sparks Global Safe-Haven Demand

Gold prices climbed sharply during Asian trading on Monday as investors rushed toward safe-haven assets following reports of a major U.S. military operation in Venezuela that led to the capture of President Nicolás...

U.S. Dollar Rises as Markets Eye Fed Policy and Key Economic Data

The U.S. dollar began the first full trading week of the new year with modest gains, strengthening against major currencies as investors focused on upcoming economic data and Federal Reserve policy expectations. Early...

Politics

U.S. Capture of Venezuela’s Nicolas Maduro Sparks Global Legal Debate at the United Nations

The legality of the United States capture of Venezuelan President Nicolas Maduro is set to face intense scrutiny at the United Nations, as the U.N. Security Council convenes to discuss Washingtons controversial military...

Russia Condemns Trump’s Venezuela Actions as Illegal and Destabilising, Warns of Global Fallout

Senior Russian officials have sharply criticised U.S. President Donald Trumps actions in Venezuela, calling them unlawful, destabilising, and driven by American self-interest, while warning they could have dangerous...

Trump Supporters Applaud Maduro Capture as Analysts Warn of Political Risks

Supporters of U.S. President Donald Trump have largely welcomed the capture of Venezuelan leader Nicolas Maduro, framing it as a swift and low-cost victory that reinforces American strength abroad. Many within the...

Ukraine Intensifies Drone Attacks on Moscow in Early 2026, Marking Escalation in War Strategy

Ukraine has carried out daily drone attacks targeting Moscow since the start of 2026, according to figures released by Russias Defence Ministry, signaling a notable escalation from the earlier pattern of more sporadic...

U.S. Oil Companies Face Costly Conditions to Return to Venezuela After Expropriation Disputes

U.S. oil companies seeking compensation for assets expropriated by Venezuela in the 2000s may be required to return to the country and invest billions of dollars to rebuild its oil industry, according to sources familiar...

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

Samsung Electronics Hits Record High as AI Momentum Fuels Investor Optimism

Samsung Electronics Co Ltd (KS:005930) shares surged to a record high on Monday, extending a strong rally fueled by growing optimism around the companys artificial intelligence strategy and semiconductor outlook. The South...

Grok AI Controversy on X Sparks Global Outrage Over Nonconsensual Images

A growing controversy surrounding Grok, the artificial intelligence chatbot built into Elon Musks social media platform X, has triggered international concern over the misuse of AI-generated images and the failure to...

Reddit Emerges as a Major Winner in the Shift to AI-Powered Search

Reddit is increasingly being recognized as a major beneficiary of the global shift from traditional search engines to AI-generated answers, according to a recent analysis from brokerage firm Needham. As artificial...

Trump Blocks HieFo’s Emcore Chip Assets Deal Over National Security Concerns

President Donald Trump has issued an executive order blocking HieFo Corp. from acquiring semiconductor-related assets from Emcore Corp., citing serious national security risks tied to foreign ownership and sensitive chip...

Grok AI Faces Global Scrutiny Over Safeguard Failures and Illegal Content on X

Elon Musks artificial intelligence chatbot Grok, developed by xAI and integrated into social media platform X, has come under intense international scrutiny after admitting that lapses in safeguards led to the generation...

Digital Currency

Bitcoin Shrugs Off Maduro Capture: Crypto Stays Resilient Amid Geopolitical Shock

Top projects scheduled to launch mainnet in Q1 2026

Crypto in 1 Minute: What You Need to Know (Jan 5)

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