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Rolls-Royce to phase out gas-powered cars and go all-electric by 2030

Sep 30, 2021 10:26 am UTC| Business Economy

Rolls-Royce announced its plans to ditch gas and to produce all-electric vehicles by the year 2030. The British luxury automobile maker headquartered in Westhampnett, United Kingdom, revealed on Wednesday, Sept. 29, that...

Netherlands fined Samsung $46.9M for alleged price fixing

Sep 30, 2021 10:16 am UTC| Business Economy

Samsung, the Benelux arm of the South Korean electronics company, was reportedly slapped with a hefty fine of $46.9 million or 40 million. Based on the reports, the penalty was imposed by the Authority for Consumers and...

NFT: Jake Paul, Nafter collaborate for the opening of Nafter Season 2 and launch of Nafter app

Sep 30, 2021 10:09 am UTC| Business Digital Currency

Nafter and Jake Paul, an American YouTube star and professional boxer, entered into partnership, and this was announced on Wednesday, Sept. 29. The NFT social network and marketplace said that it teamed up with the said...

Cryptocurrency asset fund approved in Switzerland

Sep 30, 2021 09:52 am UTC| Business Digital Currency

Switzerlands first cryptocurrency fund has been approved by the Swiss markets watchdog. It was the countrys financial markets supervisor who shared the news on Wednesday, Sept. 29. According to Reuters, the Financial...

Impossible Foods launches in the Middle East via the Dubai World Expo and UAE restaurants

Sep 29, 2021 10:26 am UTC| Business Economy

Impossible Foods has already reached Asia and is well-known in the United States. Now, it is expanding further and has landed in the United Arab Emirates. With its arrival in the UAE, the region has become Impossible...

DL Chemical to buy Kraton in an all-cash deal with enterprise value of about $2.5 billion

Sep 29, 2021 10:07 am UTC| Business Economy

DL Chemical, the South Korean comprehensive petrochemical company, is set to acquire Kraton, the Houston, Texas, headquartered biobased chemical manufacturer. It was reported that it would be an all-cash deal with an...

Activision Blizzard moves to settle harassment lawsuit by paying $18M

Sep 29, 2021 09:49 am UTC| Business Economy

Activision Blizzard, the gaming company that published many popular titles, including Call of Duty, Overwatch, Candy Crush Saga, Crash Bandicoot, World of Warcraft, StarCraft, and more, is dealing with harassment and...

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Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears

Global oil prices climbed sharply on Thursday as escalating geopolitical tensions between the United States and Iran fueled concerns about further supply disruptions in the Middle East. Brent crude oil prices surged by as...

Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks

Asian stock markets declined on Thursday as investors reacted to a sharp rise in oil prices, mixed corporate earnings, and a cautious outlook from the U.S. Federal Reserve. The combination of geopolitical tensions, energy...

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

Politics

Russian Drone Strikes Hit Odesa Again, Injuring Civilians and Damaging Infrastructure

Russian drone attacks targeted the southern Ukrainian city of Odesa overnight, marking the second assault this week and leaving at least 18 people injured, according to local officials. The latest strike adds to the...

US House Advances $70 Billion Immigration Enforcement Budget Plan

The U.S. House of Representatives has approved a three-year budget framework that could unlock an additional $70 billion for immigration enforcement, marking a significant step in shaping future border security policies....

Trump to Receive Briefing on Potential U.S. Military Action Against Iran

U.S. President Donald Trump is expected to receive a high-level security briefing on Thursday regarding new military options targeting Iran, according to a report by Axios citing unnamed sources. The briefing will be led...

Taiwan Independence Explained: History, Status, and Rising China Tensions

Taiwan independence remains a highly debated issue in global politics, especially as tensions between China and the United States continue to shape international relations. The topic is expected to feature prominently in...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

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

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...