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HSBC Announces Completion of Its Retail Banking Sale to Cerberus in France

Jan 02, 2024 10:01 am UTC| Business

HSBC Bank has sold its retail banking business to New York-headquartered Cerberus Capital Management, a private equity company. The deal also includes the sale of HSBC SFH (France) S.A. and the acquisition agreement is now...

Digital Currency Revolution

Disney’s Mickey Mouse Debut as Meme Coin After Steamboat Willie Enters Public Domain

Jan 02, 2024 09:54 am UTC| Business Digital Currency Investing

Disneys first-ever animated version of Mickey Mouse, known as Steamboat Willie, has been tokenized not long after it was announced that the character has entered the public domain. A new meme coin featuring the character...

SUV Sales Rise as Small Car Sales Decline in India

Jan 02, 2024 09:49 am UTC| Business

Sales of sports utility vehicles (SUVs) increased in December, while small car sales declined despite significant discounts offered by Indian automakers. According to data, automakers have seen a surge in demand for...

Baidu Scraps $3.6B Deal for Acquisition of JOYY's Chinese Live-Streaming Unit

Jan 02, 2024 09:39 am UTC| Business

Baidu Inc. has called off its deal to buy Joyy Incorporateds China-based live streaming unit. The latter is a global video-based social media platform, and the said Chinese tech company specializing in Internet-related...

Changes to U.S. Electric Vehicle Tax Credits Impact Eligibility of Tesla, Nissan, GM Models

Jan 02, 2024 09:35 am UTC| Business

The U.S. Treasury announced changes to the eligibility of electric vehicle (EV) tax credits in the United States, affecting several popular models. These changes are part of the governments efforts to reshape the EV supply...

Krispy Kreme, Morgan Stanley, Sherwin-Williams Appoint New CEOs to Take Helm in 2024

Jan 02, 2024 09:21 am UTC| Business

Krispy Kreme, Morgan Stanley, and Sherwin-Williams are major companies that operate in their own business categories. But in this New Year, the three are being put together as they are among the top businesses that have...

PUMA Launches Velocity NITRO 3, Revives Iconic Mostro Silhouette

Jan 02, 2024 07:47 am UTC| Business Sports

The renowned sportswear brand PUMA has unveiled its latest running shoe, the PUMA Velocity NITRO 3. Building on the success of the award-winning Velocity franchise, this third iteration is designed to enhance your running...

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Economy

Oil Prices Surge Amid Middle East Tensions as Global Markets React Cautiously

Oil prices climbed sharply on Monday while global stock futures dipped, as escalating geopolitical tensions in the Middle East disrupted shipping activity in the Strait of Hormuz, a critical global energy chokepoint. Brent...

Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty

Most Japanese households expect inflation to continue rising in the coming years, according to a recent Bank of Japan (BOJ) quarterly survey, reinforcing pressure on policymakers to pursue further interest rate hikes....

Gold Prices Drop as Oil Rally and U.S.-Iran Tensions Shake Markets

Gold prices declined in Asian trading on Monday as rising oil prices and escalating U.S.-Iran tensions dampened demand for the safe-haven asset. Investors remained cautious ahead of a potential ceasefire expiration later...

Asian Currencies Slip as Dollar Gains Safe-Haven Strength Amid U.S.-Iran Tensions

Asian currencies weakened on Monday while the U.S. dollar rebounded, supported by renewed safe-haven demand as geopolitical tensions between the United States and Iran escalated over the weekend. Investor sentiment...

Asian Stocks Rise as Tech Gains Offset US-Iran Tensions, Oil Prices Add Pressure

Asian stock markets opened the week on a cautiously positive note, supported by gains in technology shares despite rising geopolitical tensions between the United States and Iran. Investors remained wary as developments...

Politics

Bulgaria Election 2026: Rumen Radev’s Landslide Victory Signals Political Shift and Economic Implications

Pro-Russian former President Rumen Radev is on track for a decisive victory in Bulgarias 2026 parliamentary election, according to exit polls, marking a potential turning point in the countrys political landscape and...

Keir Starmer Faces Resignation Pressure Over Mandelson Appointment Controversy

British Prime Minister Keir Starmer is set to address Parliament on Monday amid growing calls for his resignation following controversy surrounding the appointment of senior Labour figure Peter Mandelson as UK ambassador...

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns

Chinese robotics stocks showed mixed performance on Monday after a high-profile humanoid robot half-marathon in Beijing highlighted rapid advancements in artificial intelligence and robotics technology. The event drew...

Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank

Vietnams Saigon-Hanoi Commercial Joint Stock Bank (SHB) has signed a strategic cooperation agreement with Chinas Huawei Technologies Group, marking a significant step in the tech giants expansion within Vietnams growing...

SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips

SK Hynix Inc (KS:000660) has announced the mass production of its latest high-performance memory module, the 192GB SOCAMM2, specifically designed to support Nvidias upcoming Vera Rubin artificial intelligence platform....

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos

Anthropic CEO Dario Amodei sat down with senior Trump administration officials last Friday in what analysts are calling a pivotal move to repair a strained relationship between the AI company and the federal government....