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Wed, Jul 29, 2026 03:37 AM All times are UTC

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LG Electronics offers web-based software to TV manufacturers

Feb 24, 2021 23:44 pm UTC| Business Technology

South Koreas LG Electronics Inc. is offering its webOS platform applied to smart TVs to some 20 rival TV manufacturers through a partnership with global content providers. According to LG Electronics, TV makers, such as...

Mitsubishi may use Renault plant in France to manufacture cars

Feb 24, 2021 23:34 pm UTC| Business

Mitsubishi Motors Corp. may finalize a plan to produce cars at Renault SA facilities in France by Thursday, in what would be a reversal of last years restructuring plan dubbed Small Is Beautiful to pull back from...

SK Telecom and affiliate fined over unfair biz practice

Feb 24, 2021 23:26 pm UTC| Business Technology

The Korea Fair Trade Commission (KFTC) fined mobile carrier SK Telecom Co. and its internet protocol TV subsidiary SK Broadband Co. 6.4 billion won for hampering market competition between 2016-2019. During the said...

Nine auto firms in S. Korea to recall over 470,000 vehicles over defective parts

Feb 24, 2021 23:23 pm UTC| Business

Nine carmakers operating in South Korea will voluntarily recall 478,371 vehicles to fix faulty components, says the Ministry of Land, Infrastructure, and Transport. The vehicles belong to 171 models. The nine...

Amazon senior VP Jeff Blackburn announces departure from the company

Feb 24, 2021 09:54 am UTC| Business

Amazon is losing another executive this year, as Jeff Blackburn announced earlier this week that he would be stepping down from his post and leave. The companys senior vice president of business and corporate development...

Best Buy is giving bonuses to employees amid impending layoffs

Feb 24, 2021 09:24 am UTC| Business Economy

Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Orion: South Korea's Choco Pie maker announces completion of its manufacturing plant in India

Feb 24, 2021 09:05 am UTC| Business

Orion, South Koreas famous snack confectionery company that makes Choco Pie, is expanding its market. It is planning to further grow its business by entering the Indian business sphere, and it is starting now with the...

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Economy

Oman Proposes Strait of Hormuz Plan as U.S., Iran Remain Divided Over Shipping Fees

Oman has presented Iran with a Gulf-backed proposal aimed at restoring stability in the Strait of Hormuz, including a system of voluntary contributions from ships using the strategic waterway, according to Reuters citing a...

Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist

Chiles central bank left its benchmark interest rate unchanged at 4.5% on Tuesday, in line with market expectations, as policymakers weighed persistent inflation against slowing domestic economic activity and ongoing...

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...

Politics

California ICE Detention Center Found to Have Inadequate Medical Care, Court Monitor Says

A court-appointed monitor has concluded that Californias largest immigration detention center failed to provide adequate medical care to detainees, finding the facility out of compliance with a previous federal court order...

US Intercepts Iranian Ballistic Missiles as Middle East Tensions Escalate

The U.S. military said it successfully intercepted multiple ballistic missiles launched by Iran toward American forces in the Middle East on Tuesday, describing the attack as an attempted surprise strike amid heightened...

Trump, Zelenskiy Discuss Patriot Missile Production and Ukraine Peace Talks

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy met in Washington on Tuesday to discuss reviving peace negotiations with Russia, expanding Ukraines air defense capabilities, and strengthening...

U.S., Saudi Forces Launch Precision Strikes on Iran-Backed Militants in Iraq

The U.S. military announced Tuesday that American and Saudi Arabian armed forces carried out coordinated precision strikes in Iraq targeting Iran-backed militant groups accused of threatening regional security. According...

Zelenskiy Urges Trump for More Anti-Ballistic Missile Systems to Strengthen Ukraine Defense

Ukrainian President Volodymyr Zelenskiy said on Tuesday that he used his visit to Washington to press U.S. President Donald Trump and key U.S. senators for additional anti-ballistic missile systems and interceptors,...

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

X Challenges Australia’s Expanded Social Media Ban Enforcement Powers

Elon Musks social media platform X has criticized Australias proposal to expand the powers of its online safety regulator, arguing the changes could conflict with U.S. law, threaten international legal principles, and...

Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation

Meta CEO Mark Zuckerberg has urged the U.S. government not to prohibit advanced Chinese artificial intelligence models, arguing that such restrictions would not help the United States maintain its competitive edge in the...

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...

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...