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Avelo Airlines to Exit Burbank Amid Financial Struggles and DHS Controversy

Jul 15, 2025 00:11 am UTC| Business

Avelo Airlines, a Texas-based low-cost carrier, announced plans to shut down its base at Hollywood Burbank Airport by December 2, citing financial challenges and an uncompetitive market. The airline, which currently...

Best Funnel Builders for Small Businesses in 2025

Jul 14, 2025 15:30 pm UTC| Business

In todays digital-first world, small businesses cant afford to lose potential customers due to clunky websites or scattered sales processes. The solution? A funnel builder, but not just any funnel builder. In 2025, the...

U.S. Institutions Lead the Charge as Crypto Market Enters New Era

Jul 14, 2025 14:01 pm UTC| Business

The crypto market has seen some major shifts in recent times. Some of the largest developments have been marked by developments of a regulatory nature. However, tech advancements, political nuances, and performance data...

Malaysia’s promising reforms undermined by its shadow economy

Jul 14, 2025 13:52 pm UTC| Business

In recent years, Prime Minister Anwar Ibrahims government has taken vital reforms to stabilise Malaysias public finances and attract foreign investment. Central to this renewed push is Kuala Lumpurs Madani Economy...

Derisking from tech dependency: how the UK can build a resilient digital sector

Jul 14, 2025 08:51 am UTC| Business

During the US presidential election campaign, Donald Trump made a number of pledges to impose tariffs on foreign goods, a move he claimed would help protect American jobs. Following his election to the White House, the...

China Approves Synopsys’ $35B Ansys Deal Amid Easing Trade Tensions

Jul 14, 2025 08:00 am UTC| Technology Business Governance

Chinas State Administration for Market Regulation (SAMR) has granted conditional approval to Synopsys (NASDAQ: SNPS) $35 billion acquisition of Ansys (NASDAQ: ANSS), removing the final major regulatory barrier for the U.S....

German Carmaker Stocks Drop as Trump Threatens 30% Tariff on EU Imports

Jul 14, 2025 07:51 am UTC| Business Economy

Shares of major German automakers declined on Monday after U.S. President Donald Trump announced a potential 30% tariff on European Union imports starting August 1, sparking investor concerns about escalating trade...

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Economy

Asian Markets Retreat as Gulf Crisis Fuels Oil Surge and Inflation Fears

The fragile ceasefire in the Gulf showed fresh signs of collapse on Thursday, rattling Asian share markets and sending oil prices sharply higher as investors confronted the reality of a prolonged inflationary shock to the...

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

Gold prices edged lower during Asian trading on Thursday, retreating after modest gains in the previous session as investors continued monitoring escalating Middle East tensions threatening a fragile ceasefire between the...

Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets

Oil prices recovered Thursday following their sharpest single-day decline since April 2020, as ongoing disruptions in the Strait of Hormuz and escalating Middle East tensions renewed fears over global crude supply. By...

Politics

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

Haitis Provisional Electoral Council (CEP) has officially announced the postponement of a voter registration drive that was originally set to begin on April 1. The council stated that updated registration dates would be...

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

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...