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Wed, Jul 29, 2026 02:42 AM All times are UTC

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Hyundai inundated with orders for Ioniq 5 in Europe

Mar 01, 2021 09:49 am UTC| Business

Hyundai is off to a good start with its entrance into the EV market through its Ioniq 5 car model. It was revealed that it is not just in South Korea, but there is a tremendous interest in its all-new electric car in...

AstraZeneca sells Moderna stake for over $1 billion

Mar 01, 2021 06:59 am UTC| Business

AstraZeneca Plc got rid of its 7.7% stake in Moderna, and it was sold for more than $1 billion. The sale happened following the surge of the BritishSwedish multinational pharmaceutical and biopharmaceutical companys shares...

Danone is selling its Chinese asset for $1 billion

Mar 01, 2021 05:47 am UTC| Business

Danone, a Paris-based multinational food-products company that was founded in Barcelona, Spain, announced last weekend that it had taken steps towards the selling of its stake in its partner in China. Danones plans for...

SK Hynix to continue investing in chips-making as exports jump

Mar 01, 2021 05:24 am UTC| Business

SK Hynix will keep on investing in its chips manufacturing business as the need for it becomes more critical today. The South Korean company will also delve into next-generation chips and more investments are planned for...

Nissan claims technological breakthrough in CO2 reduction

Feb 27, 2021 22:48 pm UTC| Business

Nissan Motor Co. claimed having reached a breakthrough in achieving a 50 percent thermal efficiency with its development of e-Power hybrid technology that could further reduce carbon dioxide emissions. The e-Power...

Keurig Dr Pepper Reports 4.5% Net Sales Growth in 2020

Feb 27, 2021 02:16 am UTC| Business

Keurig Dr. Pepper (KDP) reported a 4.5 percent net sales increase to $11.62 Billion in 2020. Its dollar market share advanced in over 90 percent of its cold beverage retail base. This performance reflected the...

Jeju Beer gets Korea Exchange's nod for Kosdaq listing

Feb 27, 2021 01:34 am UTC| Business

Jeju Beer Co. is set to go public in the first half of this year after securing Korea Exchanges approval of its preliminary listing application filed last November. Despite being unable to fulfill Kosdaqs market listing...

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Economy

Gold Prices Fall 1% Ahead of Fed Decision as Markets Watch Warsh, Iran Talks

Gold prices dropped about 1% on Tuesday as investors turned cautious ahead of the Federal Reserves highly anticipated interest rate decision, with easing oil prices reducing inflation concerns but failing to support demand...

Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure

Australias inflation eased in the June quarter, with softer fuel prices helping slow overall consumer price growth and core inflation coming in below market expectations. The latest data strengthens the case for the...

US Dollar Slips Ahead of Fed Decision as Oil Prices Ease Inflation Fears

The U.S. dollar weakened on Tuesday, retreating from a more than one-month high as falling oil prices eased inflation concerns ahead of the Federal Reserves closely watched interest rate decision. The U.S. Dollar Index...

Japan PM Sanae Takaichi Plans Temporary Food Tax Cut to Ease Inflation Pressure

Japanese Prime Minister Sanae Takaichi is preparing to introduce a temporary reduction in Japans reduced consumption tax on food as part of a broader effort to help households cope with persistent inflation and rising...

Asian Stocks Rebound as SK Hynix Earnings Calm AI Fears, Oil Surges Ahead of Fed Decision

Asian stock markets rebounded on Wednesday after suffering steep losses in the previous session, as investors weighed strong earnings from South Korean chipmaker SK Hynix against lingering concerns over artificial...

Politics

Trump Administration to Ban Chinese Robots, Power Inverters Over AI Security Concerns

The Trump administration is set to introduce new restrictions on Chinese technology imports, targeting advanced robots and power inverters as part of a broader effort to strengthen U.S. national security and protect the...

Iran Fires Ballistic Missiles at U.S. Forces; All Intercepted, CENTCOM Says

Irans Islamic Revolutionary Guard Corps (IRGC) launched multiple ballistic missiles at U.S. forces stationed in the Middle East on Tuesday, marking a renewed escalation in tensions after several days of relative calm....

Taiwan to Test Wartime Weapons Production in Han Kuang Military Drills

Taiwan will test its ability to relocate weapons production and convert civilian factories for military manufacturing during its annual Han Kuang military exercises next month, as the island strengthens its defense...

US Customs Inspects China-Linked Factories in Vietnam Amid Trade Compliance Review

U.S. customs officials have reportedly conducted spot inspections at factories in Vietnam with links to Chinese companies as Washington intensifies efforts to verify compliance with trade and import regulations, according...

Brazil Challenges Trump Tariffs at WTO Over Trade Dispute

Brazil has formally requested consultations with the United States under the World Trade Organization (WTO) dispute settlement system, escalating its challenge against tariffs imposed by the Trump administration on...

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

TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, has started gradually restoring operations at its Japan semiconductor facility after a powerful earthquake in Kumamoto Prefecture forced...

SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth

SK Hynix reported record second-quarter earnings as surging demand for artificial intelligence memory chips and stronger memory pricing drove exceptional growth, reinforcing its position as one of the biggest beneficiaries...

Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors

Seagate Technology (NASDAQ: STX) shares climbed 7.4% in after-hours trading on Tuesday after the data storage company reported stronger-than-expected fiscal fourth-quarter earnings and revenue, driven by surging demand for...

TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline

TeamViewer AG (ETR: TMV) shares slipped more than 2% on Tuesday after the remote connectivity software provider reported mixed first-half 2026 results. While the company delivered a solid increase in profit, investors...

Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth

Exosens (EPA: EXENS) reported stronger-than-expected first-half fiscal 2026 profitability, supported by robust demand for its defense imaging technologies, although revenue came in slightly below market expectations....