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Thu, Apr 23, 2026 02:40 AM All times are UTC

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LG Energy Solution, Honda Motor breaks ground for joint venture in US

Mar 03, 2023 08:31 am UTC| Business Economy

LG Energy Solution and Honda Motor held a groundbreaking ceremony for their electric vehicle (EV) battery production joint venture in the United States. The companies are building their plant in Jeffersonville, Ohio, and...

KFC announces return of its ‘Double Down’ after almost a decade hiatus

Mar 03, 2023 08:16 am UTC| Business Economy

Kentucky Fried Chicken, or KFC, is bringing back a favorite food item that has been missing in the stores for almost 10 years. The fast-food chain announced that its KFC Double Down is returning in its stores but for a...

Westrock Coffee acquires Bixby Roasting to enhance omnichannel capabilities

Mar 02, 2023 23:28 pm UTC| Economy Business Life

Westrock Coffee Company has acquired US-based specialty-grade roaster Bixby Roasting to enhance its omnichannel product marketing and development capabilities. The terms were not disclosed. The acquisition, which...

Rebel Foods acquires rights to operate Wendy’s in India

Mar 02, 2023 22:58 pm UTC| Economy Business Life

Indian cloud kitchen restaurant operator, Rebel Foods, has expanded its partnership with Wnedys to an exclusive master franchise rights to operate the US-based fast-food chains restaurants in India. In 2020, Revel...

SK Square sells SK Shieldus stake to Wallenberg Group’s EQT Partners

Mar 02, 2023 06:57 am UTC| Business Economy

SK Square, a global investment leader and a subsidiary of SK Telecom, has sold off some of its stake in SK Shieldus, a cybersecurity service provider. In addition to the share, the deal also includes management rights, and...

DoorDash, Chase, Mastercard partner to introduce new credit card

Mar 02, 2023 06:47 am UTC| Business Economy

DoorDash has teamed up with Chase and Mastercard to offer the only credit card without fee while also allowing users to earn free DashPass memberships. Despite the economic slowdown and concerns that recession will follow,...

PepsiCo brings Rockstar energy drinks to Uruguay

Mar 02, 2023 06:37 am UTC| Business Economy

PepsiCo acquired Rockstar Energy Drink in March 2020 for 3.4 billion, and since then, it has been expanding the brand in many countries. Most recently, the snack and beverage manufacturer has brought the energy drink...

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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...