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Wed, Jul 22, 2026 02:10 AM All times are UTC

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Jack Ma Enters Food Business, Launches Ma’s Kitchen in China

Nov 28, 2023 07:04 am UTC| Business

Jack Ma reportedly invested $1.4 million to enter the food business. The Alibaba founder opened a food processing company simply called Mas Kitchen. The launch of his new business comes amid the wide tech crackdown in...

Burger King UK Welcomes Lance Batchelor as New Chair for Strategic Growth

Nov 28, 2023 06:43 am UTC| Business

Burger King UK has announced the appointment of Lance Batchelor as the companys new Chair. With his extensive experience in the industry, Batchelor is well-positioned to drive growth and success for the popular fast-food...

Digital Currency Revolution

OKX Expands Services, Adds Crypto Exchange and Wallet Platform in Brazil

Nov 28, 2023 06:35 am UTC| Business Digital Currency Investing

OKX announced it has expanded its service offerings in Brazil by adding a cryptocurrency exchange and a digital wallet. The Web3 developer said that through the launch of these new services in the country, it will also...

GSK's Pulled Myeloma Drug Outperforms J&J's Darzalex in Key Trial

Nov 28, 2023 06:24 am UTC| Business Health

A multiple myeloma drug withdrawn from the market by GSK has now demonstrated positive results in a pivotal trial, surpassing a rival product by Johnson Johnson. These findings lay the groundwork for a potential comeback...

Tesla Sues Sweden Over Blocked License Plates, Citing Business Disruption

Nov 28, 2023 06:00 am UTC| Business Law

Tesla has filed a lawsuit against Sweden regarding the issue of blocked license plates. The renowned electric vehicle manufacturer alleges that the Swedish authorities have unjustly blocked its license plates, causing...

Health Initiative Cuts Ties with Nicotine Industry, Prioritizes Independent Research

Nov 28, 2023 05:48 am UTC| Business Health

The Initiative for Healthy Futures, established to promote healthier lifestyles and reduce tobacco-related harm, has severed ties with the nicotine industry. Philip Morris formerly supported it, According to Reuters,...

Volkswagen Struggles Amidst Rising Competition, Pivots to Electric Innovation

Nov 28, 2023 05:36 am UTC| Business

Despite its longstanding reputation as one of the leading names in the automotive industry, recent reports suggest that Volkswagens brand is no longer competitive in the global market. One of the primary reasons lies in...

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Economy

Saudi Oil Tankers Reverse Course as Houthi Threats Disrupt Red Sea Shipping

Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea after Yemens Iran-backed Houthi movement threatened to target vessels transporting Saudi oil, raising fresh concerns over global energy supplies...

Pakistan Seeks $10 Billion U.S. Exchange Stabilization Fund to Boost Forex Reserves

Pakistan has asked the United States for a $10 billion exchange stabilization facility to strengthen its foreign exchange reserves and reduce pressure on the Pakistani rupee, according to a Reuters report citing a source...

US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand

The U.S. dollar strengthened to its highest level in more than a week on Tuesday as rising Treasury yields and escalating conflict in the Middle East fueled demand for safe-haven assets. The Japanese yen, meanwhile,...

US Stock Futures Steady Ahead of Tesla, Alphabet Earnings as Iran Conflict Keeps Markets on Edge

U.S. stock index futures traded little changed late Tuesday after Wall Street rallied on the back of a strong rebound in technology shares, while investors shifted their attention to upcoming second-quarter earnings from...

Trump Announces 100% Tariff on Generic Drug Imports Starting in 2028

U.S. President Donald Trump announced Tuesday that his administration will impose a 100% tariff on all imported generic drugs beginning in 2028, giving pharmaceutical companies a two-year window before the new trade policy...

Politics

US Military Completes 11th Straight Day of Iran Strikes Amid Strait of Hormuz Security Concerns

The U.S. military has completed its 11th consecutive day of airstrikes against Iran, intensifying efforts to weaken Tehrans military capabilities and protect one of the worlds most strategically important shipping routes....

Maduro, U.S. Prosecutors Propose June 2027 Trial Date in Drug Trafficking Case

Ousted Venezuelan President Nicolas Maduro and U.S. federal prosecutors have jointly proposed starting his criminal trial in June 2027, according to a court filing submitted ahead of a scheduled hearing in Manhattan...

FCC Moves to Ban Imports of Foreign Military-Grade Drones Over Security Risks

The U.S. Federal Communications Commission (FCC) has tentatively approved new restrictions that would ban the import of certain foreign-made military-grade drones, including swarm-enabled drones and models equipped with...

U.S. Plans Closer Coordination With Erik Prince’s Haiti Security Firm

U.S. security officials are preparing to deepen coordination with a private military company led by Erik Prince in Haiti, even as human rights organizations raise concerns over civilian casualties linked to the firms drone...

Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply

Yemens Iran-backed Houthi movement announced a naval blockade against Saudi Arabia on Monday, significantly escalating tensions in the Middle East and raising fresh concerns over global energy supplies, oil prices, and...

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

Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips

Taiwan-based Wistron Corp., a major Nvidia supplier, has opened its first U.S. manufacturing facility in Fort Worth, Texas, investing $700 million to expand artificial intelligence infrastructure production as global...

Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge

Super Micro Computer (NASDAQ: SMCI) stock soared about 20% in after-hours trading on Tuesday after the AI server maker released a stronger-than-expected preliminary update for its fiscal fourth quarter, highlighting a...

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....

Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns

Morgan Stanley adopted a mixed outlook on the software sector on Tuesday, turning bearish on Adobe (NASDAQ: ADBE) and Workday (NASDAQ: WDAY) while maintaining an overall positive view of the industry. The investment bank...

Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors

A federal judge in San Francisco has granted final approval to Anthropics landmark $1.5 billion copyright settlement, bringing a major chapter in the legal battle over AI training data and copyrighted books closer to an...