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Binance purchases $200 million stake in Forbes

Feb 11, 2022 09:30 am UTC| Business Digital Currency

Binance invested in Forbes by acquiring $200 million worth of stake in the company. The largest cryptocurrency exchange in the world is making this move as part of a strategic plan. According to CNBC, the funds that the...

Kakao commits to opening 20,000 jobs in the next 5 years

Feb 11, 2022 06:31 am UTC| Business Economy

Kakao made a promise to create new jobs in the next five years and offer 20,000 roles for the citizens. The South Korean Internet company made the pledge as part of the local governments support project for the youngsters...

NFT: Netmarble F&C, Binance partner to develop NFT games

Feb 11, 2022 06:02 am UTC| Business Digital Currency

Netmarble FC and Binance just announced they have signed a Memorandum of Understanding (MoU) this week. The companies will be joining forces to develop non-fungible token (NFT) games. Netmarble FC is a subsidiary of...

McDonald's to bring back Shamrock Shake for St. Patrick's Day

Feb 10, 2022 23:47 pm UTC| Economy Life Business

McDonalds is bringing back the Shamrock Shake starting February 21, several weeks away from St. Patricks Day. The fast-food giant doesnt have any new variations on the Shamrock Shake, such as the previously-released...

Taco Bell adds Flamin' Hot Cool Ranch flavor to its Doritos Locos lineup

Feb 10, 2022 23:47 pm UTC| Economy Business

Taco Bell has new limited-time additions to its menu, Flamin Hot Cool Ranch Doritos Locos Tacos, Cantina Crispy Chicken Taco, and the Cantina Crispy Chicken Tortada. The Flamin Hot Cool Ranch Doritos Locos Tacos,...

Bacardí rum eyes 50% greenhouse gas emission reduction

Feb 10, 2022 23:46 pm UTC| Economy Business Nature

Bacardi will use a Combined Heat Power (CHP) system in its distillery in Puerto Rico to reduce the greenhouse gas (GHG) emissions of its rum brand by 50 percent from next year. The CHP system will replace heavy fuel...

Kia rolls out multi-functional, one-seater Ray minicar

Feb 10, 2022 22:46 pm UTC| Economy Business Life

Kia Corp. has rolled out the multi-functional, one-seater Ray minicar, with the passenger seat removed from the existing two-seater van model, and created a separate loading space therein to expand the cargo capacity to...

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Economy

Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates

Singapores central bank surprised markets on Monday by tightening its monetary policy, citing expectations that inflation will strengthen in the coming months. Unlike most central banks that adjust benchmark interest...

Oil Prices Plunge as U.S.-Iran Pause Eases Middle East Supply Fears

Oil prices fell sharply on Monday after the United States and Iran paused military strikes over the weekend, prompting traders to unwind the geopolitical risk premium that had pushed crude to multi-month highs. As of 20:19...

US Stock Futures Rally as Oil Prices Drop Ahead of Fed Meeting and Big Tech Earnings

U.S. stock index futures surged Sunday night as easing geopolitical tensions in the Middle East pushed oil prices sharply lower, boosting investor sentiment ahead of a critical week featuring the Federal Reserves policy...

Asian Markets Rise as Oil Prices Fall Ahead of Fed, BOE, BOJ Meetings

Asian stock markets advanced on Monday after easing tensions in the Middle East pushed oil prices sharply lower, reducing inflation concerns and boosting investor confidence ahead of a busy week of central bank decisions,...

Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations

Japans services producer price index (SPPI) increased 3.2% year over year in June, highlighting persistent inflationary pressure that could strengthen expectations for additional interest rate hikes by the Bank of Japan...

Politics

Russia Launches Ballistic Missiles, Drones Across Ukraine as Civilian Death Toll Rises

Russia launched a fresh wave of ballistic missiles and drones across Ukraine early Sunday, striking Kyiv and several other regions in attacks that killed at least six people and injured dozens, according to Ukrainian...

Brazil Recalls Ambassador From Argentina After Milei's Remarks on Lula

Brazil has recalled its ambassador to Argentina following comments by Argentine President Javier Milei criticizing Brazilian President Luiz Inacio Lula da Silva, the Brazilian government, and the countrys judiciary,...

Trump Pauses Iran Strikes as Tehran Signals Conditional Halt to Attacks

Iran has signaled it will suspend its military attacks as long as the United States refrains from launching new strikes, raising cautious hopes for a temporary easing of tensions in the Middle East. A senior Iranian...

Kyiv Hit by Russian Missile Attack as Fires Erupt Across Multiple Districts

Russia launched an early morning attack on Ukraines capital, Kyiv, on Sunday, with ballistic missiles triggering explosions and fires in several parts of the city, according to Ukrainian officials. Kyiv Mayor Vitali...

Iran Condemns Ukrainian Attack on Commercial Ship as Zelenskiy Alleges Russia Aids Tehran

Iran condemned Ukraine on Saturday over an alleged attack on an Iranian commercial vessel in the Caspian Sea, saying the incident triggered an explosion that killed one sailor and injured another, further escalating...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight

Chinas ChangXin Memory Technologies (CXMT) is set to begin trading on the Shanghai Stock Exchange on Monday following the largest initial public offering (IPO) in Asia this year, with investors closely watching the...

Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project

Nvidia (NASDAQ: NVDA) is reportedly in discussions to provide a financial guarantee worth approximately $250 billion for OpenAI as part of an ambitious artificial intelligence data center project in Ohio, according to a...

SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth

Elon Musk has seen one of the steepest declines in paper wealth ever recorded as shares of SpaceX (NASDAQ: SPCX) continue to slide following the companys blockbuster public debut. After raising $75 billion in its June 12,...

Trump Orders Section 301 Probe Into EU Tech Fines, Signals New Tariffs

President Donald Trump announced Friday that the United States will launch a Section 301 investigation into the European Unions penalties against American technology companies, escalating trade tensions after Google was...

Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth

Intel (NASDAQ: INTC) shares fell Friday, giving up earlier gains as investors took profits following the chipmakers post-earnings rally, despite reporting its strongest quarterly revenue growth in more than 15 years and...