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Fri, Jan 16, 2026 01:20 AM All times are UTC

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Nike Factory Store Closure in Portland, Oregon Stuns Community; Economic Ripple Effects Feared

Sep 13, 2023 03:18 am UTC| Economy Business Life

Nikes decision to indefinitely close its Portland factory store amid theft and safety concerns has rocked the community. Having been temporarily closed since last November, the move marks a significant economic setback for...

Digital Currency Revolution

India Paves Path for Global Crypto Regulatory Standards Within Six Months

Sep 12, 2023 10:14 am UTC| Economy Digital Currency Business Law

India drafts crypto regulatory framework, heeding recommendations from the International Monetary Fund (IMF) and Financial Stability Board (FSB). Legal legislation targets completion in five to six months, emphasizing...

Digital Currency Revolution

Binance Stands Strong Amidst Regulatory Scrutiny, Refutes Comparisons to Bankrupt FTX

Sep 12, 2023 10:00 am UTC| Economy Digital Currency Business

Binances Richard Teng dismisses comparisons to the now-bankrupt FTX, emphasizing the cryptocurrency exchanges robust financial health and adaptability amidst regulatory challenges. Teng addressed recent speculations,...

New Balance, Foot Locker Establish Footprints in Thai Retail Market with Flagship Stores

Sep 12, 2023 09:40 am UTC| Economy Sports Life Business

New Balance marks its Thai comeback, unveiling its first flagship store at Central World with Indonesian partner MAP Active Adiperkasa. The We Got Now concept store reasserts its commitment to premium athletic wear....

KT&G Expands with New Factory in East Java; Indonesian Government Supports Move

Sep 12, 2023 08:47 am UTC| Business Economy

South Korean tobacco giant KTG, also prominent in pharmaceutical tech, is constructing a new factory in East Java, Indonesia. Expected to finish by 2026, the company secured significant investment support from the...

Amorepacific Partners with Sephora to Launch Laneige Brand in Mexico

Sep 12, 2023 08:44 am UTC| Business Economy

Amorepacific Corp. partners with Sephora to introduce its Laneige brand to the Mexican market, leveraging Sephoras e-commerce platform. This collaboration marks Amorepacifics strategic push into Latin America, eyeing the...

Burger King Parent, Restaurant Brands, Joins Dubai's Apparel Group to Introduce Firehouse Subs to Middle East

Sep 12, 2023 07:58 am UTC| Business Economy

Restaurant Brands International Inc., the power behind Burger King, has partnered with Dubais Apparel Group to introduce over a hundred Firehouse Subs locations in Oman and the UAE. This collaboration underscores both...

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Economy

China Signals Willingness to Deepen Canada Ties as Leaders Seek Reset in Relations

China has expressed a willingness to deepen cooperation with Canada while working to eliminate what it describes as interference, signaling a potential reset in bilateral relations after years of strain. The message was...

Asian Currencies Trade Flat as Yen Weakens on Election Fears and Won Retreats After U.S. Support

Most Asian currencies traded near flat levels on Thursday as investors remained cautious amid mixed political and monetary signals from both the region and the United States. The Japanese yen hovered near 18-month lows,...

Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September

The Bank of Japan (BOJ) is expected to hold off on raising interest rates until at least July, according to a majority of economists, as policymakers assess the impact of recent tightening on Japans fragile economic...

Trump Delays Tariffs on Critical Minerals, Seeks Global Supply Deals to Protect U.S. Security

U.S. President Donald Trump has decided, for now, not to impose tariffs on rare earths, lithium, and other critical minerals, choosing instead to pursue international negotiations aimed at securing stable supplies. The...

U.S. Oil Prices Slide After Trump Comments Ease Iran Supply Fears

U.S. oil prices declined sharply in early Asian trading on Thursday, falling by more than $1 per barrel as easing geopolitical tensions involving Iran reduced market fears of supply disruptions. The pullback came after...

Politics

Israeli Airstrikes in Gaza Kill Senior Hamas and Islamic Jihad Figures Amid Fragile Ceasefire

At least ten people were killed on Thursday in a series of Israeli airstrikes across the Gaza Strip, including senior figures from Hamas and the militant group Islamic Jihad, according to Palestinian medical sources and...

U.S. Warns Cuba Not to Block Humanitarian Aid as Sanctions Pressure Mounts

The United States has warned Cuba not to interfere with a long-delayed shipment of humanitarian aid, as tensions between Washington and Havana continue to escalate under President Donald Trumps administration. A senior...

Maria Corina Machado Says She Presented Nobel Peace Prize Medal to Donald Trump

Venezuelan opposition leader Maria Corina Machado said on Thursday that she presented her Nobel Peace Prize medal to U.S. President Donald Trump during a recent meeting, a gesture that quickly drew international attention...

Zelenskiy Says Ukraine Not Blocking Peace Amid Trump Criticism

Ukrainian President Volodymyr Zelenskiy has firmly rejected claims that Ukraine is standing in the way of peace, responding to comments made by U.S. President Donald Trump that suggested Kyiv was less willing than Moscow...

Bolsonaro to Be Moved to Papuda Prison After Supreme Court Order

Former Brazilian President Jair Bolsonaro will be transferred to the Papuda Penitentiary Complex in Brasília following an order issued by Supreme Court Justice Alexandre de Moraes, according to a court decision...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...