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

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Gap investing $140 million for Texas warehouse as online sales surge

Feb 26, 2021 09:20 am UTC| Business

Gap is one of the few thriving businesses in the fashion industry today. Many companies have already closed down or reduced their shop outlets due to the negative effects of the COVID-19 pandemic, but the American clothing...

How Online Gambling Stocks Have Changed in 2021

Feb 26, 2021 09:19 am UTC| Business

The online gaming market is enormous and continually growing at a high rate. The industry has been a source of revenue for many countries, with nations reaping billions every year. The gaming sector is a...

Geely, Volvo junk merger plans but will collaborate on powertrains

Feb 26, 2021 08:57 am UTC| Business

Geely and Volvo were previously reported to merge, but this plan has been called off this week. The companies ditched the idea and will not be incorporating anymore. Then again, Geely and Volvo did not completely scrap...

Netflix investing $500 million to make South Korean content

Feb 26, 2021 08:55 am UTC| Business

Netflix has big plans for its streaming service in South Korea. The American content platform just announced its plans to spend $500 million for the production of South Korean projects this year. The proposal to finance...

Boeing slapped with $6.6 million fine by FAA due to safety and quality control oversights

Feb 26, 2021 07:39 am UTC| Business

Boeing was revealed to have been fined by the U.S. Federal Aviation Administration (FAA) this week. The aerospace company was slapped with a $6.6 million penalty due to issues with compliance and quality control. FAAs...

Merck to acquire Pandion Therapeutics for $1.85 billion in cash

Feb 26, 2021 07:07 am UTC| Business

Merck Co Inc is buying Pandion Therapeutics, the biotechnology company developing bispecific antibody therapeutics headquartered in Massachusetts. It was said that the pharmaceutical firm is shelling out a total of $1.85...

ByteDance assigns Jinri Toutiao's Zhu Wenjia as TikTok's R&D head in Singapore

Feb 26, 2021 06:42 am UTC| Business

ByteDance is hiring new executives as it slowly moves out of India that already shuts its doors for TikTok. The global internet technology firm headquartered in Beijing has now found a new home in Asia, so it is assigning...

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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....