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Thu, Jan 01, 2026 04:48 AM All times are UTC

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Hyundai Motor announces pledge to provide 46,000 jobs for the young generation

Nov 23, 2021 09:35 am UTC| Business Economy

Hyundai Motor made a promise to create 46,000 new jobs for the young South Korean people within the next three years. The automakers plan is in response to the local governments efforts in encouraging large companies to...

Namyang Dairy’s chairman revealed to have signed a conditional deal to sell the company to Dayou amid legal battle with Hahn & Company

Nov 23, 2021 09:03 am UTC| Business Economy

Namyang Dairy is currently involved in a legal battle with Hahn Company, a private equity investment firm, as their sale deal has been postponed a few times already. The dairy company previously agreed to sell to Hanh ...

Celltrion's Regkirona COVID-19 antibody treatment approved in Peru

Nov 23, 2021 08:19 am UTC| Business Economy

Celltrions antibody treatment for COVID-19 has been granted approval for emergency use in Peru. The South Korean pharmaceutical company announced on Monday, Nov. 22, that the Peruvian authorities approved its Regkirona...

Target announces big change in holiday schedule - Its stores will be closed on Thanksgiving from now on

Nov 23, 2021 07:36 am UTC| Business Economy

Target has ended its operations on Thanksgiving, and this means that starting in 2021, it will no longer open its stores during the festive national holiday that is being celebrated every year. Last year, the American...

Burger King India opens its first cafe

Nov 23, 2021 06:53 am UTC| Business Economy

Burger King India has entered the coffee shop market, and it is bound to compete with McDonalds McCafe. The Indian unit of the Miami, Florida-headquartered burger chain has launched its cafe and already starting to serve...

Coca-Cola launches reverse vending machine for recycling efforts in Florida

Nov 23, 2021 01:41 am UTC| Nature Economy Business

Coca-Cola Co. and Coca-Cola Beverages Florida (Coke Florida) will launch a new reverse vending machine (RVM) at the University of Miami to help reduce its carbon emissions across the supply chain. For each aluminum can...

McDonald’s Singapore integrates Grab service in online ordering channels

Nov 22, 2021 22:39 pm UTC| Economy Business Life

McDonalds Singapore has integrated the GrabExpress service into its online ordering channels, such as the McDelivery app and McDelivery website, as part of its partnership extension with Grab. Under the extended...

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Economy

Trump Delays Tariff Increases on Furniture and Cabinets for One More Year

U.S. President Donald Trump signed a proclamation on Wednesday to delay planned tariff increases on upholstered furniture, kitchen cabinets, and bathroom vanities for an additional year, according to a statement from the...

USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers

The U.S. Department of Agriculture (USDA) has released new details on a $12 billion farm aid program aimed at supporting American farmers struggling with low crop prices and ongoing trade disputes. While the initiative is...

Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy

Two of Japans most influential business lobbying groups have called on the government to address the prolonged weakness of the yen, warning that the depreciating currency is driving up import costs, fueling inflation, and...

South Korea Exports Hit Record High as Global Trade Momentum Builds

South Koreas exports surged for a seventh straight month in December, closing out 2025 at an all-time high and surpassing the $700 billion mark for the first time, according to official government data released on...

U.S. Stock Futures Slip as Year-End Trading Turns Cautious

U.S. stock index futures edged lower on Tuesday evening as investors prepared for the final trading session of the year, with market sentiment dampened by thin liquidity, lingering Federal Reserve uncertainty, and fading...

Politics

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

U.S. Intelligence Disputes Russia’s Claim of Ukrainian Drone Attack on Putin

U.S. national security officials have concluded that Ukraine did not attempt to assassinate Russian President Vladimir Putin or target one of his residences in a recent drone incident, according to a Wall Street Journal...

Pentagon Awards $328.5 Million Lockheed Martin Contract to Support Taiwan Air Force Amid Rising Tensions

The United States Department of Defense announced on Wednesday that Lockheed Martin has been awarded a major contract tied to foreign military sales to Taiwan, aimed at addressing what Washington describes as an urgent...

Trump Administration Clarifies Minnesota Childcare Funding Status Amid Fraud Claims

A day after senior officials in the Trump administration suggested that federal childcare funds for Minnesota had been frozen, the U.S. Department of Health and Human Services (HHS) clarified that no such freeze had...

UN Condemns Israel’s Move to Cut Utilities to UNRWA Facilities

United Nations Secretary-General António Guterres has strongly condemned Israels reported move to ban electricity and water supplies to facilities operated by the United Nations Relief and Works Agency for Palestine...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...

SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round

SoftBank Group has officially completed a massive $41 billion investment in OpenAI, marking one of the largest private funding rounds in global technology history. The deal gives the Japanese conglomerate an estimated 11%...

Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power

Elon Musk announced on Tuesday that his artificial intelligence startup, xAI, has acquired a third building to further expand its computing infrastructure, signaling a major step in the companys effort to compete with...

ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China

Chinas technology giant ByteDance is preparing to significantly ramp up its artificial intelligence investment, with plans to spend about 100 billion yuan (approximately $14 billion) on AI chips in 2026, according to a...

Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026

Samsung Electronics has obtained an annual licence from the United States government that allows the South Korean technology giant to import critical semiconductor manufacturing equipment into its China-based facilities...