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Sun, Jul 19, 2026 03:46 AM All times are UTC

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Starbucks Korea Fourth in World Ranking With Most Number of Store Outlets

Feb 13, 2024 05:55 am UTC| Business

Starbucks Korea is in fourth place in the ranking for countries with the most stores. The region made it to the top five despite having a smaller population than other nations on the list. Koreans Coffee Obsession...

Arm Holdings Sees Surge in Options Trading Amid AI Stocks Craze

Feb 13, 2024 03:30 am UTC| Business Technology

The recent surge in demand for artificial intelligence (AI) stocks has led to a sharp increase in options trading on Arm Holdings. With the companys shares nearly doubling in price within a week, options traders are...

Snoop Dogg, Dr. Dre Roll Out Canned Gin & Juice Cocktails in US

Feb 13, 2024 03:24 am UTC| Business

Snoop Dogg and Dr. Dre are collaborating once again, but not for music. The two are known in the music scene as rappers and producers, but they are teaming up to release ready-to-drink (RTD) cocktails. Snoop Dogg and...

Estée Lauder Companies Announces $650 Million Senior Notes Offering

Feb 13, 2024 03:04 am UTC| Business

The Estée Lauder Companies Inc. has recently revealed its plan to offer $650.0 million in aggregate principal amount of 5.000% Senior Notes due 2034. This announcement marks a significant move by the renowned...

Toyota Motor Names First Woman President as It Announces Executive Changes

Feb 13, 2024 02:59 am UTC| Business

Toyota Motor North America announced it has made some changes in its executive roles. The automaker also revealed it appointed its first female president who will lead its SA production facility. The leadership shift in...

BYD to Enter EV Market in South Korea, Compete With Hyundai, Kia’s Electric Vehicle Models

Feb 12, 2024 09:49 am UTC| Business

BYD Auto Co., Ltd., the automotive subsidiary of Chinas BYD Company, which mainly manufactures passenger electric vehicles, revealed it is set to enter the South Korean EV market this year. BYD said it is bringing its...

Stellantis Exploits Overcapacity of Car Factories in Europe for Better Government Deals

Feb 12, 2024 09:40 am UTC| Business

Europes once-domestic automakers have transformed into global players, capitalizing on the European Unions surplus car factory capacity to secure favorable government agreements. Stellantis, formed by the merger of...

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Economy

ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus

The European Central Bank (ECB) is widely expected to leave interest rates unchanged at its July 23 policy meeting, but rising geopolitical tensions and higher oil prices are keeping the possibility of another rate hike...

KB Securities Explains Why KOSPI Is Falling Despite Strong Samsung, SK Hynix Earnings

South Korean stocks have experienced a sharp correction despite solid corporate earnings, as investors shift their attention from profit growth to financing costs and geopolitical risks, according to a report from KB...

European Earnings Season Gains Strength as Barclays Sees Broader Profit Recovery

European companies are heading into the second-quarter earnings season with improving profit momentum and a broader recovery than many of their U.S. counterparts, according to a new research note from Barclays. The bank...

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Politics

Ralph Norman Launches South Carolina Senate Bid After Lindsey Graham’s Death

U.S. Representative Ralph Norman has announced his campaign for the U.S. Senate in South Carolina following the death of longtime Senator Lindsey Graham, setting up a competitive Republican primary to fill the vacant seat....

US Launches New Strikes on Iran After Deadly Attack on American Troops in Jordan

The United States launched fresh airstrikes against Iran on Saturday after two U.S. service members were killed and another was reported missing following an Iranian attack in Jordan, according to U.S. Central Command. The...

Cuban Dissident Artist Luis Manuel Otero Alcántara Arrives in US After Prison Release

Cuban dissident artist Luis Manuel Otero Alcántara has arrived in the United States after completing a five-year prison sentence in Cuba, according to U.S. Secretary of State Marco Rubio. The announcement marks a...

Trump Administration Plans Grants to Back MAGA-Aligned Initiatives Overseas

The Trump administration is reportedly preparing a new package of foreign aid grants aimed at supporting MAGA-aligned initiatives across Europe and other regions, marking a significant shift in U.S. foreign policy...

Ontario Premier Doug Ford Slams Trump Over Canada Wildfire Smoke Criticism

Ontario Premier Doug Ford has strongly criticized President Donald Trump for blaming Canadas forest management for wildfire smoke that has spread across parts of the United States, calling the remarks absolutely...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Samsung Electronics America to Cut 739 New Jersey Jobs as Texas Headquarters Move Advances

Samsung Electronics America (SEA) is reducing its workforce in Englewood Cliffs, New Jersey, with 739 positions affected as the company prepares to relocate its U.S. headquarters to Texas by the end of the year, according...

Nationwide Data Center Protests Highlight Growing Backlash Against AI Expansion

Opposition to the rapid expansion of AI data centers spread across the United States on Saturday as activists staged 142 protests in 42 states, marking the first coordinated nationwide demonstration against the industrys...

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...