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Vestas turbines lined up for 600-MW wind project offshore S. Korea

Feb 28, 2023 22:06 pm UTC| Nature Economy Business

Vestas Wind Systems A/S has signed a preferred supplier agreement with Korea South-East Power Company (KOEN) to install 40 units of its V236-15.0 MW turbine for the 600-MW Wando Geumil offshore wind project in South...

Iced Americano most popular drink in freezing temperatures among S. Koreans: Hollys Coffee

Feb 28, 2023 22:06 pm UTC| Life Economy Business Health

South Koreans favorite beverage on Hollys Coffees menu in January, the coldest month in the country, turned out to be Iced Americano. Sales statistics in January collected from customers with a Hollys membership,...

Most of Japan's animal cafes dealing with species restricted by int'l laws: study

Feb 28, 2023 22:05 pm UTC| Law Health Economy Business

Around 60 percent of Japans animal cafes exhibit animals restricted by international trade laws due to their endangered status, according to a study. Of the 419 different species and 3,793 individual animals exhibited...

Samsung develops flip chip ball grid array for autonomous vehicles

Feb 28, 2023 22:04 pm UTC| Technology Economy Business

Samsung Electro-Mechanics Co. had developed an advanced driver assistance systems (ADAS)-applicable flip chip ball grid array (FCBGA), a substrate for high-performance self-driving systems. FCBGA is among those with the...

Vestas picked as preferred supplier for 1.6-GW wind project off Germany

Feb 28, 2023 22:03 pm UTC| Nature Economy Business

Vestas has been given preference to provide at least 104 of its V236-15.0 MW turbines for the 1.6-GW Nordseecluster wind project cluster in German waters. The joint venture partners Canada-based Northland Power Inc and...

ADB arranges financing for Thai firm's 600-MW wind project in Laos

Feb 28, 2023 22:03 pm UTC| Nature Economy Business

Thailand-based Impact Electrons Siam Ltd (IES) has secured a $692 million financial package from the Asian Development Bank (ADB) for its 600-MW Monsoon wind power project in Laos. The project will be the first wind...

Eli Lilly to provide easier access to insulin by slashing 70% of cost

Feb 28, 2023 22:02 pm UTC| Health Economy Business

US pharmaceutical giant Eli Lilly would cut the cost of its insulin by 70 percent through a series of steps, such as capping out-of-pocket costs at $35 per month for people with insurance. However, while the US$35 cap...

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Economy

New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track

New Zealands economic recovery is facing delays but remains intact, according to Finance Minister Nicola Willis, as rising global oil prices linked to the Iran conflict continue to impact fuel costs, business confidence,...

Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns

Asian stock markets climbed sharply on Thursday, tracking strong gains on Wall Street as investors focused on robust corporate earnings and largely ignored rising oil prices and geopolitical tensions in the Gulf. Major...

Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions

U.S. stock index futures moved slightly lower on Wednesday evening after major benchmarks, including the SP 500 and Nasdaq Composite, closed at fresh record highs. Investors remained cautious as geopolitical tensions...

Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist

Oil prices climbed during Asian trading on Thursday, supported by ongoing geopolitical tensions between the United States and Iran and continued disruptions in the Strait of Hormuz. The lack of progress in diplomatic...

Gold Prices Edge Higher Amid Middle East Tensions and Ceasefire Uncertainty

Gold prices inched higher on Wednesday as investors balanced geopolitical developments in the Middle East with shifting market sentiment and a slightly stronger U.S. dollar. Spot gold rose 0.4% to $4,740.15 per ounce,...

Politics

U.S. Criticizes Airspace Denials to Taiwan President as China Influence Grows

The United States has raised concerns after several African nations reportedly revoked overflight clearances for Taiwans president, calling the move a misuse of international aviation systems and an example of growing...

Mexico Senate Seeks Answers on Deadly Chihuahua Crash Involving U.S. and Mexican Officials

A Mexican Senate committee has formally requested key officials from the state of Chihuahua to provide detailed information a fatal car crash that resulted in the deaths of two U.S. officials and two Mexican officials. The...

New Zealand Labour Backs India Free Trade Deal, Boosting Chances of Parliamentary Approval

New Zealands opposition Labour Party has announced it will support the proposed free trade agreement (FTA) with India, significantly increasing the likelihood of the deal passing through parliament. The decision comes...

Argentina Proposes Electoral Reform to Cut Costs and End Mandatory Primaries

Argentinas government has introduced a sweeping electoral reform bill aimed at reducing public spending, increasing transparency, and tightening political party regulations. The proposal, submitted to Congress on...

Israeli Airstrike in Northern Gaza Kills Five Palestinians Amid Fragile Ceasefire

An Israeli airstrike in northern Gaza has killed five Palestinians, including three children, according to local health officials, marking another deadly incident despite an ongoing ceasefire agreement. The strike...

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

Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....

Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift

Tesla reported stronger-than-expected first-quarter 2026 earnings, driven largely by resilience in its core electric vehicle business, even as the company continues shifting focus toward artificial intelligence, robotics,...

SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand

SK Hynix Inc. (KS:000660) delivered a standout performance in the first quarter, reporting a dramatic surge in operating profit that exceeded market expectations. The South Korean semiconductor giant benefited...

Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident

Florida Attorney General James Uthmeier announced Tuesday that the state has opened a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

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...