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Orion snack manufacturer hikes prices of products for the first time in almost a decade

Sep 14, 2022 07:22 am UTC| Business Economy

Orion Corporation, a South Korean confectionery company headquartered in Munbae-dong, Yongsan District, Seoul, is set to hike up prices of its products on Thursday, Sept. 15. Around 16 items are affected by the price...

AppLovin ditches move to buy Unity Software after its $20B merge offer was declined

Sep 14, 2022 07:14 am UTC| Business Economy

AppLovin Corporation, a mobile technology company, headquartered in Palo Alto, California, has formally withdrawn its merger and acquisition (MA) offer after Unity Software Inc. turned down its $20 billion bid last...

Twitter whistleblower says company had Chinese and Indian intelligence agents on its payroll

Sep 14, 2022 06:03 am UTC| Technology Business

Details from the whistleblower complaint of the former Twitter head of security, Peiter Mudge Zatko, were revealed as he testified to the United States Congress on Tuesday. Zatko alleged the social media company had...

All Queen Elizabeth issued royal warrants to food, drink brands now invalid

Sep 13, 2022 23:44 pm UTC| Law Economy Business

Companies have two years to either get their Royal Warrants renewed by King Charles III or else stop printing the Royal Arms symbol on their products. The British Royal Warrants are official acknowledgments that a...

Samsung Electronics poised to announce carbon neutrality road map

Sep 13, 2022 23:43 pm UTC| Nature Economy Business

Samsung Electronics Co. is expected to announce its carbon neutrality road map and join the RE100, a global corporate initiative designed to shift energy use to renewable sources, this week. The company hopes to achieve...

McDonald’s Portugal is now offering the McPlant at all of its 190 restaurants

Sep 13, 2022 23:43 pm UTC| Life Economy Business

McDonalds Portugal is now offering the McPlant at all of its 190 restaurants. According to Sérgio Leal, marketing and communications director of McDonalds Portugal, the arrival of McPlant in their McDonalds...

Coca-Cola Japan to collaborate with Kirin to develop health drinks with live bacteria

Sep 13, 2022 23:43 pm UTC| Health Business Economy Life

Coca-Cola Japan and Kirin Holdings will develop health drinks that contain the live bacteria, lactococcus lactis strain plasma (LC-Plasma), an ingredient patented by Kirin that is used in the companys health...

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Economy

Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom

The Bank of England (BoE) is widely expected to keep interest rates unchanged this week as policymakers assess the growing economic risks tied to the ongoing Iran war and rising inflation pressures. After maintaining...

Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push

Chinese semiconductor stocks rallied sharply on Monday, driven by continued optimism around the countrys artificial intelligence (AI) sector and renewed momentum from the launch of new AI models. Investors showed strong...

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Oil Price Forecasts Rise for 2026 as Middle East Supply Risks Persist

Global investment banks are raising their oil price forecasts for 2026 as ongoing supply disruptions in the Middle East continue to tighten the market. Goldman Sachs recently increased its outlook for crude oil, projecting...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Politics

Russian Drone Strike on Odesa Injures Civilians and Damages Key Infrastructure

An overnight Russian drone strike on the southern Ukrainian city of Odesa injured at least 10 people, including two children, according to Ukrainian officials on Monday. The attack caused significant damage to residential...

Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets

U.S. President Donald Trump said Iran can initiate negotiations to end the ongoing two-month conflict simply by making contact, even as diplomatic efforts show little progress. His remarks came as Irans Foreign Minister...

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

Erdogan Condemns White House Correspondents’ Dinner Shooting, Voices Support for Trump

Turkish President Recep Tayyip Erdogan expressed strong support for former U.S. President Donald Trump following a shocking shooting incident at the White House Correspondents Association dinner. According to an official...

Trump Gala Security Scare: Suspect Arrested After Attempted Attack on U.S. Officials

A dramatic security incident at a high-profile Washington gala has raised serious concerns about the safety of U.S. officials and the growing threat of political violence. Authorities arrested a 31-year-old suspect,...

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

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push

Demand for alternative satellite services in the United States continues to grow, even as SpaceX pushes regulators to tighten market access for foreign competitors. According to Eutelsat CEO Jean-Francois Fallacher, U.S....

SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback

Shares of SMC Corp (TYO:6273) surged sharply on Monday following news that activist investor Palliser Capital has taken a significant stake in the Japanese industrial automation company and is urging aggressive shareholder...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...