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New York Knicks targeting $30 million per year for new jersey patch deal

Feb 27, 2023 23:41 pm UTC| Economy Business Sports

The NBAs New York Knicks are targeting a jersey patch partnership deal worth US$30 million per year to replace the Squarespace deal, which expired following the 2021/22 season., Squarespace paid between US$15 million...

Adidas pays tribute to Lionel Messi with kit dubbed ‘L10NEL M35SI’

Feb 26, 2023 23:33 pm UTC| Sports Life Economy Business

Adidas has launched a new collection pack dedicated to Lionel Messi titled L10NEL M35SI, inspired by the Argentinian footballers boots. which are a part of his unparalleled playing style. The collection of footwear and...

Court denies Dapper Labs' motion to dismiss lawsuit alleging NBA Top Shot NFTs are securities

Feb 24, 2023 23:41 pm UTC| Law Sports Technology Economy Business

A New York district court has denied Dapper Labs motion to dismiss a class action suit alleging that its NFTs of video highlights, including NBA Top Shot, are unregistered securities rather than fan products. United...

Puma, rapper Cordae collaborate on footwear, apparel sold at Foot Locker

Feb 24, 2023 23:36 pm UTC| Life Economy Business Sports

Puma and two-time Grammy-nominated artist Cordae are launching an eight-piece apparel and footwear collection in their first collaboration, which celebrates the rappers new brand and record label, Hi-Level. The...

Nike battling $95 billion annual retail theft in stores, warehouses, even trains

Feb 23, 2023 23:31 pm UTC| Economy Business Law Sports

Nike is dealing with an estimated $95 billion in annual retail theft by ratcheting up efforts with local governments to address the problem. Last fall, Nike closed a celebrated outlet store in Portland, Oregon, because...

ASICS America signs 100m sprint world champ Fred Kerley to multi-year deal

Feb 21, 2023 18:59 pm UTC| Economy Business Sports

ASICS America has signed world 100-meter sprint champion Fred Kerley has signed a deal believed to be a multi-year contract. The athletic footwear and apparel company took to its social media pages to share the news,...

Under Armour releases UFC’s official footwear: Dwayne Johnson’s Project Rock

Feb 21, 2023 10:58 am UTC| Economy Business Life Sports

Under Armour has released Dwayne The Rock Johnsons signature Project Rock training footwear line that will serve as the official UFC footwear. With a black, red, and grey color palette, the engineered mesh of the shoes...

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Economy

Asian Currencies Slip as Dollar Rebounds on Iran Sanctions

Asian currencies slipped on Tuesday as the U.S. dollar staged a modest rebound, with investors weighing expanded U.S. sanctions on Iran, elevated Treasury yields and upcoming Federal Reserve policy signals. The U.S. Dollar...

Asian Stocks Slip Ahead of Nvidia Earnings and US Inflation Data

Asian stocks mostly fell Tuesday as technology shares came under renewed pressure, while geopolitical uncertainty and upcoming U.S. economic data encouraged investors to reduce risk. The MSCI AC Asia Pacific index dropped...

Fed Chair Warsh to Speak at Pivotal Jackson Hole Symposium Amidst Economic Headwinds

With Federal Reserve Chair Kevin Warsh presenting the opening speech on August 28, the approaching Jackson Hole Economic Policy Symposium set for August 2729 promises to be a major event in world economics. Renowned for...

US-Canada Tariff War Escalates With 50% Auto Duties

The U.S.-Canada trade war has intensified since President Donald Trump returned to office in January 2025, disrupting decades of economic cooperation and hitting industries including steel, aluminum, automobiles, lumber...

Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears

Unitree shares have plunged about 45% from their post-IPO highs, raising concerns about a potential robotics stock bubble, retail investor losses and weaknesses in Chinas listing system. The Chinese humanoid robot maker...

Politics

Iran Vows Retaliation as U.S. Expands Sanctions Pressure

Iran has vowed to retaliate against expanded U.S. sanctions aimed at restricting Tehrans access to the global economy, while expressing confidence that major trading partners, including China and Russia, will resist...

UK, France Pledge Stronger Military Support for Ukraine

Britain and France pledged stronger military support for Ukraine on Monday, including faster air defence deliveries and access to classified missile technology, as Kyiv marked the 35th anniversary of its independence....

Pakistan, Iran Report Progress in Talks to End U.S.-Israeli War

Pakistan and Iran have reported significant progress in diplomatic talks aimed at preventing further escalation in the U.S.-Israeli war on Iran and finding a path toward a negotiated end to the conflict. Pakistans Interior...

New Zealand Labour Backs Social Media Ban for Under-16s

New Zealands main opposition Labour Party said Tuesday it will support a proposed social media ban for children under 16, giving Prime Minister Christopher Luxon a potential path to advance the legislation despite...

Netanyahu Says Iran Tried to Kill His Son

Israeli Prime Minister Benjamin Netanyahu said Monday that Iran attempted to assassinate one of his sons, adding another layer to heightened tensions between Israel and Tehran following months of conflict. Netanyahu made...

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

Luxshare Shares Rise as First-Half Profit Jumps 18%

Luxshare Precision Industry shares gained on Monday after the major Apple supplier reported strong first-half earnings and projected double-digit profit growth for the first nine months of the year, supported by expanding...

Nvidia Options Price in $280 Billion Earnings Swing

Nvidia options traders are preparing for a potentially massive market reaction when the AI chip giant reports second-quarter earnings on Wednesday, with derivatives pricing suggesting a roughly $280 billion shift in the...

SK Hynix Shares Fall as Workers Reject Wage Deal

SK Hynix shares declined on Tuesday after union members narrowly voted against a tentative wage agreement, forcing the South Korean chipmaker and its workers to return to negotiations over pay and performance incentives....

Trump Buys SpaceX Shares After Record IPO

President Donald Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed on August 12 and released Friday. The SpaceX investment was one of more than 1,000...

Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone

Chinese smartphone giant Xiaomi unveiled its new Xring O3 processor on Monday, advancing its strategy to develop proprietary chips and reduce dependence on external semiconductor suppliers such as Qualcomm and MediaTek....