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Thu, Jul 30, 2026 01:21 AM All times are UTC

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Michael Shah Discusses the Impact of COVID-19 on the Hospitality Industry

Jul 14, 2020 06:44 am UTC| Business

As one of the first industries to experience the impacts of COVID-19, the hospitality landscape may experience long-term implications, once the pandemic over. The decision to temporarily shut down hotels, restaurants,...

Samsung may tap the competitor's display panels for its LCD TV

Jul 14, 2020 02:50 am UTC| Business

Samsung Electronics Co. may use the display panels of its competitor LG Display Co. for its LCD TVs in a deal worth between 1 trillion and 2 trillion won as it transitions to quantum-dot (QD) display production. Early...

Johnnie Walker whiskey to be housed in paper bottles

Jul 14, 2020 00:44 am UTC| Business

Johnnie Walker will soon be available in fully-recyclable paper bottles made of the wood pulp, which are set for trial beginning spring 2021. Diageo, the drinks giant that owns Johnnie Walker, is looking for ways of...

Doosan Group on track to repay debts with assets sale

Jul 14, 2020 00:25 am UTC| Business

South Koreas Doosan Group is on track to repay debts worth 1 trillion won by the end of the year by selling its assets, including affiliate Doosan Solus Co. and a golf course. A deal has been signed for Doosan to sell...

Tesla reduces price of Model Y SUV to boost sales

Jul 13, 2020 15:51 pm UTC| Business

Tesla Inc reduced the price of its sport utility vehicle Model Y by $3,000, just four months after its launch to maintain sales momentum during the pandemic. The starting price of Model Y is now at $49,990, down almost...

IBAS: General Info & Duties

Jul 13, 2020 14:43 pm UTC| Business

The house always wins cliche is engraved with fire in the gambling scene. A monolithic figure against bettors cannot win in the long run. While the odds might favor the betting operators, that doesnt mean that true and...

UKGC Opens Consultation on High Value ‘VIP’ Customers

Jul 13, 2020 14:40 pm UTC| Business

For many years it has been a standard in the gambling industry to provide enhanced benefits for those customers that have proven themselves to be of high value. Is not only the background like celebrities that can boast...

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Economy

Oil Prices Ease After Sharp Rally as Trump Warns of More Action Against Iran

Oil prices slipped slightly during Asian trading on Thursday after posting their biggest gains in weeks, as investors locked in profits while monitoring escalating geopolitical tensions in the Middle East and tightening...

Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions

The Federal Reserve left its benchmark interest rate unchanged on Wednesday, maintaining the federal funds rate at 3.50% to 3.75% for a fifth consecutive meeting as policymakers continued to monitor inflation and broader...

US Stocks Slide as Fed Holds Rates, AI Chip Selloff Deepens and Oil Prices Surge

U.S. stocks ended sharply lower on Wednesday as investors reacted to a prolonged selloff in semiconductor stocks and a sharp rebound in oil prices, while awaiting earnings from Microsoft and Meta Platforms for fresh...

Oil Prices Jump as Trump Vows Response to Iran Attack, Supply Risks Return

Oil prices rebounded sharply on Wednesday after the United States said it intercepted a surprise Iranian missile attack and President Donald Trump pledged a forceful response, reigniting concerns over potential supply...

Gold Price Rallies as Fed Holds Rates, Middle East Tensions Boost Safe-Haven Demand

Gold prices climbed nearly 1% on Wednesday as investors flocked to safe-haven assets following renewed geopolitical tensions in the Middle East, while a weaker U.S. dollar after the Federal Reserves latest policy decision...

Politics

U.S. Launches Air Strikes on Iran After Alleged Missile Attack on American Forces

The United States launched air strikes against targets in Iran on Wednesday night, marking a sharp escalation in tensions across the Middle East following what Washington described as an attempted Iranian attack on U.S....

New Jewish-Arab Party Seeks Young Voters Ahead of Israel Election Amid Debate Over Arab Vote

A newly formed Jewish-Arab political party is aiming to attract younger voters ahead of Israels October 27 parliamentary election, but critics argue its emergence could divide the Arab vote and strengthen Prime Minister...

Oman Proposes Strait of Hormuz Plan as U.S. Rejects Iran Shipping Fee Idea

Oman has presented Iran with a Gulf-backed proposal to help manage shipping through the Strait of Hormuz, including a system of voluntary contributions from vessels, according to Reuters sources. The initiative aims to...

Ukraine F-16 Fighter Jet Crashes During Mission, Pilot Ejects Safely

Ukraines Air Force confirmed on Wednesday that one of its U.S.-made F-16 fighter jets crashed while carrying out a combat mission, although the pilot survived after successfully ejecting from the aircraft. According to a...

Trump, Netanyahu Discuss Iran Nuclear Options as Tensions Escalate

U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu discussed a range of strategies to curb Irans nuclear program during their White House meeting, including diplomacy, economic pressure, and...

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

SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027

SpaceX has secured $1.6 billion in new contracts from the U.S. Space Force to carry out 18 Falcon 9 rocket launches through 2027, further strengthening its position as the Pentagons leading commercial launch provider. The...

Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half

Samsung Electronics reported stronger-than-expected second-quarter earnings, driven by soaring demand for artificial intelligence (AI) memory chips as global investment in AI infrastructure continued to accelerate. For the...

Russia Charges Telegram Founder Pavel Durov With Facilitating Terrorism, Seeks International Arrest

Russia has formally charged Telegram founder Pavel Durov with facilitating terrorist activity, accusing the messaging platform of being used by Ukrainian intelligence services to recruit operatives and organize attacks...

Meta Stock Drops After Earnings Miss as AI Spending and Legal Costs Weigh on Profit

Meta Platforms (NASDAQ: META) shares fell 8% in after-hours trading after the social media giant reported second-quarter earnings that missed Wall Street expectations and issued weaker-than-expected third-quarter revenue...

Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations

Microsoft (NASDAQ: MSFT) shares surged more than 7% in after-hours trading on Wednesday after the technology giant reported stronger-than-expected quarterly earnings, delivered robust Azure cloud growth, and reaffirmed its...