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

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NBA star Carmelo Anthony creates own wine label

Jun 08, 2022 22:24 pm UTC| Life Sports Business Economy

Ten-time NBA All-Star and Carmelo Anthony of the Los Angeles Laker is launching his own wine brand, VII(N) The Seventh Estate, developed in collaboration with Stéphane Usseglio, a third-generation French...

J.M. Smucker expects to take $125M loss over Jif peanut butter recall

Jun 08, 2022 10:31 am UTC| Business Economy

J.M. Smucker Co. revealed on Tuesday, June 7, that it could be hit with a $125 million loss in the full year due to the recent recall of products under the Jif peanut butter brand. Many of the variants of the popular...

Kohl's is up for sale, Franchise Group may take over

Jun 08, 2022 09:48 am UTC| Business Economy

Kohls, an American department store chain, is now up for sale and may soon have a new owner. It was revealed earlier this week that its operator, Kohls Corporation, is in talks with the Franchise Group (FRG) for a possible...

Goodyear issues recall notice for 173,000 tires in the US

Jun 08, 2022 09:28 am UTC| Business Economy

Goodyear Tire Rubber Company issued a recall for 173,000 tires after the National Highway Traffic Safety Administration (NHTSA) asked it to replace some of its G159 tire products. Due to the pressure from the local...

South Korea’s SPC Group buys Lina’s French sandwich franchise to expand globally

Jun 08, 2022 08:24 am UTC| Business Economy

SPC Group, a South Korean food company, bought Linas, a French sandwich and salad restaurant franchise. The acquisition was revealed by the company on Tuesday, June 7. As per The Korea Times, Linas first landed in South...

Samsung Biologics, Novartis sign $81M CMO deal

Jun 08, 2022 07:45 am UTC| Business Economy

Samsung Biologics and Novartis International AG signed a contract manufacturing organization deal, and this was announced on Tuesday, June 7. The deal is worth $81 million. According to The Korea Herald, the South...

StockX, Nike conflict continues as the resale marketplace slams the footwear maker over fake shoe claims

Jun 08, 2022 07:28 am UTC| Business Economy

Nike previously accused StockX, a resale marketplace of various products, of selling fake sneakers, and now it is hitting back at the footwear manufacturing giant. The company responded to the claims by emphasizing it has...

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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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