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

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Victoria's Secret permanently shutting 50 stores

Feb 25, 2021 08:33 am UTC| Business

Victorias Secret is planning to shut down 50 additional stores following the discontinuation of almost 250 shops last year. It was reported that the termination of store operations in this new wave of closures will be...

Alaska Airlines ordered to pay $3 million over the death of a passenger

Feb 25, 2021 07:50 am UTC| Business

Alaska Airlines has been slapped with a huge fine after the court finds it guilty of negligence that resulted in the death of one of its passengers. The lawsuit was against the carriers unit based in Seattle. The jurys...

Facebook is investing $1 billion in the news industry as Australia passes media bargaining code

Feb 25, 2021 07:41 am UTC| Business

Facebook was revealed to have made a $1 billion pledge in news investment for the next three years. Mark Zuckerbergs company made the announcement just a day after its dispute with the Australian government over news...

Hyundai to recall Kona EV and replace LG batteries over fire risk

Feb 25, 2021 07:09 am UTC| Business

Hyundai Motor recalls more than 80,000 Kona electric cars after fire risk has been discovered. The call back has been carried out after the transport ministry in South Korea stated that the cause of the fires is probably...

Foxconn, Fisker collaborate to make the world's most sustainable EVs

Feb 25, 2021 07:05 am UTC| Business

Foxconn and Fisker are collaborating to produce thousands of electric cars two years from now. The united companies shared they are hoping to make over 250,000 EVs per year starting in late 2023. The PEAR collaborative...

eBay Korea: Kakao and MBK Partners eyeing the acquisition of the e-commerce company

Feb 25, 2021 07:00 am UTC| Business

eBay Korea may finally be sold as it was reported that Kakao Corp and MBK Partners are interested in acquiring a controlling stake of the company. It was said that the two firms are the leading candidates that may buy the...

Alshair Fiyaz helps Copenhagen go green with the new sustainable Bellakvarter district

Feb 25, 2021 01:00 am UTC| Business

As the world increasingly recognizes the need for greater action on the environment, major cities are starting to look for ways to reduce their carbon footprint, with real estate developers and city planners prioritizing...

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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....