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Naver Webtoon to expand in the European market by opening a branch in France

Mar 22, 2022 09:24 am UTC| Business Economy

Naver Webtoon, a web-based cartoon platform owned by the tech giant, Naver Corporation, revealed on Monday, March 21, that it would be establishing a branch in France, which will become the companys first European...

Nike overcomes production issues, beat profit estimates with sales growth

Mar 22, 2022 07:47 am UTC| Business Economy

Nike Inc. revealed on Monday, March 21 that it experienced a lot of problems related to manufacturing in the last six months. But then, it was able to overcome the issues, and all of those are now behind them, and sales...

CJ ENM acquires ₩100B stake on KT Studio Genie to advance on global stage

Mar 22, 2022 07:36 am UTC| Business Economy

CJ ENM, one of the leading entertainment companies in South Korea, is investing ₩100 billion or around $82.3 million in the media unit of KT Corp., KT Studio Genie. The company is aiming to build ties for media content so...

Only 5 Burger King locations offering environmentally-friendly food packaging under a 2020 program

Mar 21, 2022 23:56 pm UTC| Economy Nature Business

Only a handful of Burger King restaurants in New Jersey are taking the environmentally-friendly approach to food packaging under a program introduced in 2020. The fast-food company recently partnered with global reuse...

Adidas teams up with Vice Golf for new Stan Smith Golf shoe version

Mar 21, 2022 23:41 pm UTC| Sports Economy Business

Adidas collaborated with Vice Golf to introduce a limited-edition footwear model, the Stan Smith x Vice Golf, with colorways that it expects to speak to golfers everywhere. Inspired by Vice golf balls unmistakable...

Coffee chains in S. Korea compete in offering seasonal drinks for spring

Mar 21, 2022 22:56 pm UTC| Economy Business Life

Franchise coffee chains in South Korea such as Caffe Pascucci, Starbucks, Angel-in-us Coffee, and A Twosome Place are introducing seasonal drinks for spring as the weather begins to warm up. Caffe Pascucci has three new...

Adidas to change 'mountain range' logo

Mar 21, 2022 22:13 pm UTC| Economy Business Sports

Adidas is tweaking its iconic Adi emblem by ditching the word Adidas that accompanies the three stripes, and by making the stripes a little closer to one another, though not noticeably. The new insignia is expected to...

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Economy

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

Iraq Reaffirms Commitment to OPEC as UAE Exits Amid Global Energy Tensions

Iraq has confirmed it has no intention of leaving OPEC or OPEC+, according to a Reuters report citing two Iraqi oil officials. The statement comes shortly after the United Arab Emirates (UAE) announced its decision to...

US Sanctions Target Iran’s Shadow Banking Network and Terror Financing

The United States government has announced a new wave of sanctions targeting 35 individuals and entities accused of supporting Irans shadow banking system. According to officials, these networks have been instrumental in...

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Politics

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Federal and State Authorities Conduct Widespread Fraud Raids Across Minnesota

U.S. federal and state law enforcement agencies carried out coordinated searches at more than 20 locations across Minnesota on Tuesday, targeting suspected fraud tied to social welfare programs. The operation, led by the...

Trump Administration Dismisses Entire National Science Board, Raising Concerns Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a key advisory body overseeing the National Science Foundation (NSF), according to statements from two former board members. The sudden...

Trump-Iran War Strategy: U.S. Intelligence Weighs Risks of Declaring Victory

U.S. intelligence agencies are actively assessing how Iran might respond if President Donald Trump declares a unilateral victory in the ongoing conflict, a war that has stretched for two months, caused thousands of deaths,...

Former FBI Director James Comey Charged Over Alleged Threat Against President

Former FBI Director James Comey has been charged in connection with allegedly threatening the life of the President of the United States, according to a federal indictment filed on Tuesday. The charges also include making...

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

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

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...