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Plunge in energy demand almost twice than predicted by BP

Jul 16, 2021 23:43 pm UTC| Economy Business

The global 4.5percent drop in energy demand was close to twice the size of the 2.5 percent that BP predicted, says the companys executive vice president of strategy and sustainability, Giulia Chierchia. The BP executive...

Dollar General is planning to recruit 50,000 workers by Labor Day

Jul 16, 2021 10:10 am UTC| Business Economy

Dollar General announced its intention to hire 50,000 new workers by Labor Day in the United States, which is on Sept. 6. This American chain of variety stores latest push to recruit so it can fill out the job vacancies in...

McCormick is hiring someone to eat tacos; Company’s very first ‘Director of Taco Relations’ will receive 100k salary

Jul 16, 2021 09:47 am UTC| Business Economy

McCormick has introduced a new job position, and it is called the Director of Taco Relations. This is the first time that this kind of work was added to the company, so whoever will be hired will be its very first employee...

Starbucks, Fila collaborate to launch limited edition products in the Asia Pacific

Jul 16, 2021 09:26 am UTC| Business Economy

Starbucks and Fila team up to release items that their customers would surely like. The companies have designed and launched some bags, drinkware, apparel and more limited edition items. Through Starbucks and Filas...

Beyond Meat is now on JD.com despite China's low interest in plant-based meat alternatives

Jul 16, 2021 09:10 am UTC| Business Economy

Beyond Meat is now on Chinas leading e-commerce platform, JD.com. The American producer of plant-based meat has opened its store on the said site despite the fact that the Chinese are said to be not very interested in meat...

Mastercard barred from issuing new cards to customers in India

Jul 16, 2021 08:22 am UTC| Business Economy

Mastercard was ordered by the Indian authorities to stop issuing new cards to customers in India. The ban was announced by the officials on Wednesday, July 14. Why India banned Mastercard from taking in new...

Amazon sued by the US regulator and ordered to recall hazardous products

Jul 16, 2021 07:23 am UTC| Business Economy

Amazon is facing a lawsuit after the U.S. Consumer Product Safety Commission (CPSC) filed a complaint against it. The countrys regulator revealed on Wednesday, July 14, that it had sued Jeff Bezos company to force it to...

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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

King Charles Wraps U.S. Visit with Trump Meeting and Virginia Tour

Britains King Charles III and Queen Camilla concluded their four-day state visit to the United States with a brief stop at the White House, where they said goodbye to U.S. President Donald Trump. The visit, which...

US Adds European Union to Section 301 Watchlist Amid Trade Concerns

The United States Trade Representative (USTR) has added the European Union (EU) to its Section 301 watchlist, signaling rising concerns over trade practices and intellectual property protections. The decision, announced...

Comey Faces Charges Over Instagram Post as Free Speech Debate Intensifies

Former FBI Director James Comey is facing new criminal charges tied to a controversial Instagram post, but legal experts argue the case is unlikely to succeed due to strong First Amendment protections. The charges stem...

Aung San Suu Kyi Moved to House Arrest Amid Myanmar Political Crisis

Myanmars detained former leader Aung San Suu Kyi is set to be transferred to house arrest, according to state media reports, marking a significant development more than five years after the military coup that removed her...

Israel Expands Gaza Restricted Zones, Raising Concerns for Civilians and Aid Access

Israels newly updated Gaza maps have significantly expanded restricted military zones, placing thousands of displaced Palestinians at increased risk and limiting humanitarian access. The revised maps, quietly shared with...

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

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...

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...