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Wed, Dec 31, 2025 07:07 AM All times are UTC

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LG Uplus subscribers to get free Spotify premium access

Aug 11, 2021 07:55 am UTC| Business Economy

LG Uplus mobile subscribers will be treated to free access to Spotify premium. The South Korean telecom company announced on Tuesday, Aug. 10, that it will start offering the use of the audio and media streaming service to...

Amazon paying customers for damages over defective goods sold by third-party sellers

Aug 11, 2021 07:02 am UTC| Business Economy

Amazon will be paying up to $1,000 to customers who purchased what were said to be dangerous items on its site but were sold by third-party sellers. It was said that the e-commerce company is changing its return policies...

Google to deduct wage of employees who opt to work from home: Report

Aug 11, 2021 05:55 am UTC| Business Economy

Google is reportedly implementing pay cuts for employees who will not return to work in the office and prefer the work-from-home set-up. Before the COVID-19 pandemic started, workers were coming to offices to work, but the...

Alibaba criticized for delay in acting on rape allegations by employee vs manager

Aug 10, 2021 23:59 pm UTC| Economy Business

Chinas biggest online commerce firm, Alibaba Group Holding Ltd was criticized by state media for not acting against one of its managers accused of rape until the accuser went public. The accuser, a female employee,...

More S. Koreans buying LP records and turntables despite easy access to online music

Aug 10, 2021 23:58 pm UTC| Life Economy

Long-playing (LP) records and turntables are gaining popularity among South Koreans despite easy access to music via online resources. Online shopping mall Gmarket reported a 30 percent increase in turntable sales in...

S. Korea's LG Chem to use 100% renewable energy for its plants in China

Aug 10, 2021 23:58 pm UTC| Economy Business

South Koreas LG Chem Ltd. has signed a third-party power purchase agreement (PPA) with Zhejiang Zheneng Electric Power for 50 GWh of renewable energy annually to power its two battery component plants in China with 100...

LG Electronics, LG Chem allocate 325 billion won for Bolt EV recall costs

Aug 10, 2021 23:57 pm UTC| Economy Business

LG Electronics Inc. and LG Chem Ltd. allocated a combined 325.6 billion won in provisions for costs related to General Motors (GM) Co.s recall of 68,000 Chevrolet Bolt electric vehicles (EV) over potential fire...

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Economy

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...

Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine

Asian stocks edged lower on the final trading day of the year, capping a period in which investors largely looked past tariff-related uncertainty and instead focused on the powerful rally in artificial intelligence chip...

U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom

The U.S. dollar held steady in thin year-end trading but remained on track for its sharpest annual decline since 2017, as a mix of interest rate cuts, fiscal concerns, and uncertainty around U.S. trade policy weighed...

Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook

Global oil prices declined sharply in 2025, with Brent crude posting its longest stretch of annual losses on record as rising supply continued to outpace demand despite persistent geopolitical tensions. Brent crude futures...

China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook

Chinas manufacturing activity unexpectedly returned to expansion in December, ending eight consecutive months of contraction and providing policymakers with renewed confidence as they worked to achieve the countrys annual...

Politics

Philippines Challenges Chinese Research Vessel Spotted Near Cagayan Coast

The Philippine Coast Guard (PCG) has deployed an aircraft to challenge a Chinese deep-sea research vessel spotted operating near the northern Philippines, underscoring rising maritime tensions in the West Philippine Sea...

Salvador Nasralla Challenges Honduras Election Results Amid Fraud Allegations

Honduran presidential candidate Salvador Nasralla has formally challenged the results of Honduras recent presidential election, intensifying political tensions following a narrowly decided and controversial vote. Nasralla,...

U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood

A U.S. appeals court has ruled in favor of the Trump administration, allowing it to enforce a controversial Medicaid funding restriction targeting Planned Parenthood in several Democratic-led states. On Tuesday, a...

Zohran Mamdani Names Steve Banks as New York City Corporation Counsel Amid Clash With Trump

Incoming New York City Mayor Zohran Mamdani has announced his pick for corporation counsel, selecting Steve Banks as the citys top lawyer in a move that underscores his administrations combative stance toward President...

U.S. Lifts Sanctions on Three Intellexa-Linked Executives Amid Spyware Controversy

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

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

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...

Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch

Applied Digital (NASDAQ: APLD) shares climbed about 1.2% in after-hours trading on Monday after the company announced a proposed business combination designed to spin off its cloud computing operations into a new,...