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S. Korea to invest 12.7 trillion won on job-generating digital New Deal in 2021

Jan 07, 2021 23:50 pm UTC| Business Economy

South Korea will spend 12.7 trillion won this year as part of its digital New Deal program, which targets pouring 58.2 trillion won into key tech investments to create around 900,000 jobs by 2025. Of that amount, 7.6...

Kia unveils logo, slogan to reflect new focus on electric vehicles

Jan 07, 2021 23:48 pm UTC| Business Economy

Kia Motors Corp. unveiled its new script-like company logo and slogan to represent new brand purpose and values, including a focus on manufacturing electric vehicles and other non-traditional mobility services. The...

Tim Cook: Apple’s CEO gets pay raise in 2020 as online classes and work from home boosted the company’s profits

Jan 07, 2021 10:18 am UTC| Business

Tim Cook, the famous CEO of Apple Inc., revealed that his company went beyond its sales target in 2020. As a result, some of the executives, including himself, received big bonuses which mean higher pay for last...

Amazon acts swiftly and purchases WestJet and Delta’s Boeing planes as aircraft prices plunged

Jan 07, 2021 10:07 am UTC| Business

Amazon buys several used jets from WestJet and Delta airlines. Jeff Bezoss company is getting 11 Boeing 767-300 jets, and these will be added to Amazons fleet to make delivery faster and accommodate more in this time of...

Naver plans to go global with its live streaming and webtoons

Jan 07, 2021 09:55 am UTC| Business

Naver, South Koreas premier online search platform, is reportedly planning to infiltrate the global market this year. The company revealed it is now ready to enter a bigger market and make its presence known in the world...

Supply Chain Tested During First COVID-19 Winter Holidays

Jan 07, 2021 08:58 am UTC| Business

As COVID-19 wreaked havoc on the countrys health, Americas supply chain was thoroughly tested. The toilet paper shortage that occured this spring was a testament to what could happen if product demand spiked. Analysts...

Brian Mingham Article – Brian Mingham Explains Options Homeowners Have After the Moratorium Ends

Jan 07, 2021 08:57 am UTC| Business

In todays world, the COVID-19 pandemic has caused extreme economic upheaval. Millions of people lost their jobs or experienced income disruption due to their work hours being cut. While there is some hope on the horizon...

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Economy

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

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...