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Nissan recalls over 1,000 Ariya EVs due to detaching steering wheel

Mar 09, 2023 09:59 am UTC| Business Economy

Nissan Motor Co. Ltd. announced it had issued a voluntary recall for about 1,063 Ariya electric sports utility vehicles. The Japanese automaker cited the falling steering wheel as the reason for the recall. The vehicle...

Bentley inaugurates first flagship luxury showroom in South Korea

Mar 09, 2023 08:24 am UTC| Business Economy

Bentley Motors Ltd., a British designer, manufacturer and seller of luxury cars and sports utility vehicles (SUVs) headquartered in England, announced the opening of its first luxury showroom in South Korea. This comes as...

Samsung renamed its retail chain ‘Samsung Store’ to attract young customers

Mar 09, 2023 08:04 am UTC| Business Economy

Samsung Electronics revealed on Tuesday that it has rebranded its retail store and it will now be called the Samsung Store. The company said this change is part of its effort to attract younger customers. Samsung...

Bud Light Seltzer to launch new campaign to clear misconceptions and prove it is beer-free

Mar 09, 2023 07:06 am UTC| Business Life

Bud Light Seltzer is launching a new campaign to resolve some issues related to misconceptions about the product. Most people think that this drink contains beer thus, some people avoid it. In truth, Bud Light Seltzer...

Nike labels Kool Kiy a ‘serial copyist’ in infringement case

Mar 08, 2023 23:38 pm UTC| Law Sports Economy Business

Nike lawyers formally replied to designer Kool Kiys February counterclaim over the brands pending trademark infringement lawsuit in the southern district of New York Kool Kiy argued that the Swooshs Air Jordan 1 and...

Carlsberg to expand regenerative barley use across certain brands

Mar 08, 2023 23:30 pm UTC| Nature Economy Business

Carlsberg Group will expand regenerative barley usage across its brands in the UK, Finland, and France as part of its ambition to source 30 percent of all agricultural raw materials from regenerative practices and...

McDonald’s Japan celebrates spring with exclusive Teritama burger-based menu

Mar 08, 2023 23:22 pm UTC| Life Economy Business

McDonalds Japan will celebrate the springs arrival with three variants of a burger called the Teritama, an amalgamation of the words teriyaki and tamago. There are a total of three Teritama burgers on the menu this...

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Economy

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High

Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

Politics

U.S. Intercepts Iranian Oil Tankers in Asian Waters Amid Rising Global Energy Crisis

The United States military has intercepted multiple Iranian-flagged oil tankers in Asian waters, escalating tensions in an already volatile geopolitical environment. According to shipping and maritime security sources, at...

US Urges Iran to Transfer Enriched Uranium as Ceasefire Talks Continue

The United States is increasing pressure on Iran during ongoing negotiations, with the White House stating that Tehran must agree to transfer its enriched uranium to the U.S. as part of efforts to maintain stability and...

Syrian Asylum Rejections Rise in Europe as Minority Safety Concerns Persist

A growing number of Syrian asylum seekers are facing rejection across Europe despite ongoing security concerns, particularly among minority groups. After the fall of former President Bashar al-Assad and the end of Syrias...

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

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

Meta Expands AI Training With Employee Activity Tracking Tools

Meta is advancing its artificial intelligence strategy by introducing new internal tracking software designed to capture employee interactions on workplace systems. The initiative, known as the Model Capability Initiative...

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...