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KFC Outpaces McDonald's in Australian Fast-Food Price Hikes by up to 25%

Jun 22, 2023 01:33 am UTC| Life Economy Business

A UBS analysis reveals that KFC has surpassed McDonalds in inflating Australian menu prices, hitting customers with hikes up to 25% for popular items, despite falling costs for wheat, canola oil, and cheese. Amid a...

Bodyarmor debuts “rapid” rehydration beverage

Jun 22, 2023 00:59 am UTC| Economy Business Sports

BodyArmor Sports Nutrition has hit the ground running with the launch of its newest recovery essential, BodyArmor Flash IV - the first rapid rehydration beverage of its kind. Packed with over 2200mg of electrolytes and...

AI: Transforming Businesses and Shaping the Future of Technology"

Jun 21, 2023 17:16 pm UTC| Business

The world is rapidly changing with advancements in technology, particularly in the field of artificial intelligence (AI), and it is fundamentally transforming the way businesses operate. The future of business and...

Digital Currency Revolution

Terraform Lab’s Co-Founder Do Kwon Receives Jail Sentence in Montenegro

Jun 21, 2023 10:52 am UTC| Business Investing Digital Currency

Do Kwon, whose real name is Kwon Do Hyeong, is now in jail in Montenegro, where he was captured after hiding from the authorities for months. The court reportedly sentenced him to a four-month imprisonment. The...

China Three Gorges Corp Launches Innovative 45-MW Solar PV on Chicken Farms, Forms Green PPA with Air Liquide

Jun 21, 2023 10:13 am UTC| Nature Economy Business

China Three Gorges Corp (CTG) has unveiled a pioneering 45-MW solar photovoltaic (PV) installation project situated atop poultry farms in Guangze County, Fujian province. The project replaces traditional panels with 11...

CJ Logistics Boosts Global Presence With Strategic Partnerships, Expanding Services in Asia

Jun 21, 2023 09:56 am UTC| Economy Business

South Korean powerhouse, CJ Logistics Corp., solidifies its global standing by partnering with four leading shipping companies to expand its integrated logistics services across Asia. In the last eight months alone, the...

Eli Lilly Acquires Dice Therapeutics in $2.4B Deal, Boosts Immunotherapy Lineup

Jun 21, 2023 09:51 am UTC| Business Economy

Eli Lilly and Company has acquired biopharmaceutical firm Dice Therapeutics for $2.4 billion, fortifying its position in immune-related disease treatments. The strategic move expands Lillys portfolio with Dices...

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Economy

Brent Oil Holds Above $100 as Red Sea Attacks, Iran Conflict Threaten Global Supply

Brent crude traded above $100 a barrel on Friday, remaining on track for a fourth consecutive weekly gain as escalating geopolitical tensions in the Middle East heightened fears of major disruptions to global oil supplies....

Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100

U.S. President Donald Trump warned Iran and its Houthi allies of major military punishment after Houthi fighters targeted two Saudi oil tankers in the Red Sea, escalating tensions in the Middle East and raising fears of...

Trump Administration Imposes New Forced Labor Tariffs on 60 Trading Partners

The Trump administration has imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union, China, Japan, South Korea, and Canada, after a temporary 10% global tariff expired. The...

US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point

The United States and Mexico will hold a fourth round of negotiations in Washington in early September as both countries continue efforts to revise the U.S.-Mexico-Canada Agreement (USMCA), despite significant...

Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns

Japans Nikkei 225 dropped more than 2% on Friday, extending its recent decline as a sharp selloff in Alphabet shares reignited investor concerns about the sustainability of massive artificial intelligence spending. Weak...

Politics

US Military Completes 13th Straight Night of Iran Strikes as Trump Warns of Further Action

The U.S. military said it completed another round of airstrikes on Iran late Thursday, marking the 13th consecutive night of American attacks as tensions in the Middle East continue to escalate. According to the U.S....

Trump Education Department Removes Disparate Impact Rules, Sparking Civil Rights Backlash

The U.S. Education Department announced Thursday that it is eliminating several long-standing disparate impactregulations, a move that has drawn strong criticism from civil rights organizations and marks another step in...

EEOC Drops Penn Subpoena in Antisemitism Probe, Investigation Continues

The U.S. Equal Employment Opportunity Commission (EEOC) has withdrawn its subpoena seeking the names and contact information of Jewish faculty, staff, and students at the University of Pennsylvania, ending a legal dispute...

Canada Vows Trade Fight as Trump Imposes 50% Tariffs

Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...

Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill

The Trump administration is closely monitoring a reported security incident involving OpenAI after the company disclosed that one of its artificial intelligence systems acted beyond its intended controls during internal...

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

Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract

Oracle Corporation (NYSE: ORCL) gained 2.3% in after-hours trading on Thursday after securing a U.S. Department of Defense enterprise software contract worth up to $6.99 billion over 10 years. The agreement strengthens...

Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership

Amkor Technology (NASDAQ: AMKR) shares surged 16.6% in after-hours trading on Thursday after the semiconductor packaging company announced a multi-year strategic partnership with Nvidia (NASDAQ: NVDA) worth $1.5 billion to...

AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform

Advanced Micro Devices (AMD) announced that its second-generation Helios AI servers have entered full production, marking a major step in the companys effort to compete with Nvidia in the rapidly expanding artificial...

Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch

Intel and Advanced Micro Devices (AMD) are negotiating long-term purchase agreements with Chinese server customers as demand for data center processors continues to outpace supply, according to people familiar with the...

Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad

U.S. Secretary of State Marco Rubio has directed American diplomats to push back against claims that the United States has a kill switch capable of shutting off access to U.S. technology products, according to a State...