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Amazon requesting the cancellation of Future Retail deal approval in India

Nov 29, 2021 11:06 am UTC| Business Economy

Amazon made a request from the antitrust regulator in India, and it is related to the approval of its deal with Future Retail, the countrys largest retail company. The American e-commerce and tech firm are asking the...

India tells citizens to refrain from subscribing to Elon Musk’s Starlink internet service, and here’s why

Nov 29, 2021 11:00 am UTC| Business Economy

Elon Musk has launched satellites to space to be able to provide faster internet and offer the service even to remote areas. The billionaire that also owns Tesla Inc. and SpaceX already brought its Starlink Internet...

Xiaomi reportedly planning to build electric vehicle plant in Beijing to produce 300,000 EVs per year

Nov 29, 2021 09:21 am UTC| Business Economy

Xiaomi is a known mobile phone maker, and in March of this year, it surprised people by announcing it will be venturing into the production of electric cars. Since then, the progress of its EV business has been swift, and...

Cryptocurrency: Coinstore starts business in India despite looming ban on crypto

Nov 29, 2021 08:55 am UTC| Business Digital Currency

Coinstore, the crypto exchange company based in Singapore, just opened its business in India even when the Indian government is preparing to ban private cryptocurrencies. According to Reuters, Coinstore launched its...

Mitigating the Volatility of Forex Markets with eCommerce

Nov 29, 2021 08:54 am UTC| Business

E-commerce operations face a variety of challenges in a globally integrated economy. Competitiveness, scarcity, pricing, and the user experience are paramount. To succeed as an established online entity, a business must...

NFT: AMC, Sony to give away NFTs to ‘Spider-Man’ ticket buyers

Nov 29, 2021 08:43 am UTC| Business Digital Currency

AMC Theaters and Sony Pictures are handing out non-fungible tokens or NFTs to moviegoers who will buy tickets for Spider-man: No Way Home in advance. The NFTs are the new collectible cards, and lucky ticket buyers can own...

Amazon partners with ADIO to open fulfillment hub in Abu Dhabi

Nov 29, 2021 07:04 am UTC| Business Economy

Amazon signed a deal with Abu Dhabi Investment Office (ADIO) to build a fulfillment center in the country by 2024. The Abu Dhabi governments media office shared the past weekend. The facility will be built in compliance...

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Economy

Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions

Gold prices slipped on Wednesday as investors weighed ongoing geopolitical risks in the Middle East alongside expectations surrounding the Federal Reserves upcoming interest rate decision. Spot gold declined by 0.5% to...

Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions

Kevin Warsh, former Federal Reserve governor and U.S. President Donald Trumps nominee to lead the Federal Reserve, is expected to clear a critical step in the confirmation process as the Senate Banking Committee prepares...

Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade

U.S. President Donald Trump has intensified pressure on Iran, urging its leadership to get smart soon and agree to a deal as tensions remain high following weeks of stalled negotiations. In a recent Truth Social post,...

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions

U.S. President Donald Trump has reportedly directed his advisers to prepare for a long-term blockade of Iran, marking a strategic shift toward sustained economic pressure as Washington evaluates its next moves in the...

Politics

Trump Signals Major UFO Disclosure Coming Soon

U.S. President Donald Trump announced on Wednesday that his administration plans to release as much information as possible regarding unidentified flying objects (UFOs) in the near future, sparking renewed public interest...

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

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...

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

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

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...