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Thu, Jan 15, 2026 06:36 PM All times are UTC

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Samsung, LG, Hyundai E&C to Work with Government to Foster Smart Home Market

Aug 10, 2023 08:51 am UTC| Business Economy

Samsung Electronics, LG Electronics, Hyundai EC, and Korea Land Housing Corp. (LH) have agreed to collaborate with Koreas Ministry of Science and ICT to promote the smart home market. The said major companies will form an...

A 'shadow economy' of firms like hand car washes and nail salons is exploiting workers – and regulations are making things worse

Aug 10, 2023 08:23 am UTC| Economy

Almost a million UK workers do not receive holiday pay and the UK continues to lag behind most European countries in tackling the exploitation of these workers. Our research indicates this is because the UKs regulatory...

Interest rates: the case for cutting them permanently to zero

Aug 10, 2023 08:23 am UTC| Economy

In 1937 the English economist Joan Robinson proposed that when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear. John Maynard Keynes, who had...

Hyundai Mobis Lands Major EV Parts Deal with Volkswagen, Aiming for $5.4B Global Order

Aug 10, 2023 07:47 am UTC| Business Economy

South Korean auto parts giant Hyundai Mobis secures a monumental deal to supply Volkswagen AG with electric vehicle (EV) battery systems. This move marks Hyundai Mobis significant stride into global expansion, with the...

Lotte Biologics Signs MOU with Roche Diagnostics: Boosting CDMO Operations, Global Reach

Aug 10, 2023 06:49 am UTC| Business Economy

Lotte Biologics has inked a memorandum of understanding (MOU) with Roche Diagnostics to bolster its Contract Development and Manufacturing Organization (CDMO) capabilities. This collaboration signifies major diagnostics,...

ESPN Partners with Penn Entertainment to Launch Sportsbook

Aug 09, 2023 10:16 am UTC| Business Economy

ESPN revealed it has teamed up with Penn Entertainment to open its own sports betting business. It was reported that Disneys sports entertainment unit signed a $2 billion deal for this. ESPN will now have a betting...

Dish Network, EchoStar to be Merged by Charlie Ergen for 5G Expansion Goal

Aug 09, 2023 09:57 am UTC| Business Economy

Dish Network and EchoStar are set to be consolidated into one as their owner, Charlie Ergen, aims to expand his telecommunication and satellite business empire. The billionaire is merging his satellite and broadband...

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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

Federal Judge Blocks Trump Administration From Cutting $80 Million in Minnesota SNAP Funding

A federal judge on Wednesday temporarily blocked the Trump administration from withholding roughly $80 million in federal funding used to administer Minnesotas Supplemental Nutrition Assistance Program (SNAP), commonly...

Japan Firms Warn Economic Risks as China Ties Fray and BOJ Tightens Policy

More than two-thirds of Japanese companies believe the domestic economy will suffer as relations with China continue to deteriorate, according to a recent Reuters survey conducted by Nikkei Research. Nearly half of the...

Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions

Chevron is expected to receive an expanded Venezuela license from the U.S. government this week, a move that could significantly increase oil production and exports from the South American nation, according to multiple oil...

U.S. Schools Set to Bring Back Whole Milk After 15-Year Ban

U.S. children may soon see whole milk return to school cafeterias for the first time in nearly 15 years after President Donald Trump signed new legislation allowing schools to serve whole and reduced-fat milk alongside...

Trump Signs Executive Order to Prevent Long Island Rail Road Strike Affecting 300,000 Daily Commuters

President Donald Trump on Wednesday signed an executive order establishing a second emergency board aimed at preventing a potential work stoppage at the Long Island Rail Road (LIRR), a critical transportation system...

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...