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Samsung C&T Snags 56% Net Quarterly Profit Due to Equity Gains, Overseas Projects

Apr 26, 2020 05:39 am UTC| Economy Technology

Samsung CT attributed its first-quarter net profit surge of 55.8 percent to equity gains from its affiliate Samsung Biologics and profitable overseas projects. The company, a construction affiliate of the Samsung Group,...

Vital Signs Series

Modelling tells us the coronavirus app will need a big take-up, economics tells us how to get it

Apr 26, 2020 05:30 am UTC| Technology

With Australias test-confirmed daily COVID-19 infection rates continuing to fall to relatively low levels, there is considerable discussion about when and how the successful containment measures might be...

As the coronavirus interrupts global supply chains, people have an alternative – make it at home

Apr 26, 2020 05:21 am UTC| Technology

As COVID-19 wreaks havoc on global supply chains, a trend of moving manufacturing closer to customers could go so far as to put miniature manufacturing plants in peoples living rooms. Most products in Americans homes...

Google Pixel 4a release date, specs rumors: Why the device could be announced in mid-May

Apr 24, 2020 09:58 am UTC| Technology

The Pixel 4a was highly anticipated to become the star of the Google I/O 2020. Despite the conference getting canceled due to coronavirus, there might still be a chance for the device to be launched in May. Google Pixel...

PlayStation 5: There’s allegedly something that Sony doesn’t want the consumers to know about the newest console - Here’s the secret

Apr 24, 2020 09:41 am UTC| Technology

Many gamers are already waiting for PlayStation 5, although it was already announced that it may still take a while before it is released. Apparently, fans are excited to have this newest console from Sony because, based...

iOS 14 release date, features: XCode is reportedly included in OS update, could spark interest on coding for many people

Apr 24, 2020 09:36 am UTC| Technology

Apple might have a new vision, and that is to make coding and app creation accessible to more people. The inclusion of XCode in the next operating system update is one of the most recent rumors about iOS 14. iOS 14...

iPhone 12 release date delay, design: Staggered product launch anticipated; Details on smaller notch leaks online

Apr 24, 2020 09:25 am UTC| Technology

Apple could use a different product launch approach for the iPhone 12 as it navigates through the effects of the COVID-19 pandemic. The good news is it does not seem like the company is cutting corners in applying new...

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Economy

China’s Companion Economy Booms as Young People Pay for Friendship and Travel Partners in 2026

Chinas rapidly expanding companion economy is transforming the way people socialize, travel, and seek emotional support, creating new income opportunities for young workers while reshaping traditional social interactions....

Australia Minimum Wage to Rise 4.75% as Inflation Pressures Persist

. Australias lowest-paid workers will receive a 4.75% minimum wage increase starting July 1, 2026, following a decision by the Fair Work Commission (FWC). The wage adjustment comes as the country continues to face...

US Stock Futures Slip as Iran Tensions Rise and AI-Fueled Tech Rally Loses Steam

U.S. stock index futures moved lower on Monday evening as growing geopolitical tensions in the Middle East and uncertainty surrounding U.S.-Iran negotiations weighed on investor sentiment. Concerns over a prolonged...

Gold Prices Fall as Stronger Dollar and Iran Tensions Weigh on Market Sentiment

Gold prices moved lower on Monday as a stronger U.S. dollar and rising geopolitical uncertainty pressured the precious metal market. The decline came after Iran announced it would suspend negotiations with the United...

US Dollar Rises on Middle East Tensions as Markets Monitor Iran-US Negotiations

The U.S. dollar strengthened on Monday as investors turned to safe-haven assets amid renewed geopolitical uncertainty in the Middle East. Demand for the greenback increased after Iran announced it was suspending indirect...

Politics

Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say

Federal officials have assured Los Angeles County Sheriff Robert Luna that civil immigration enforcement operations will not take place at FIFA World Cup 2026 matches or related events in the Los Angeles area, according to...

Russian Missile and Drone Attack Hits Kyiv, Injures Civilians and Damages Residential Buildings

A large-scale Russian attack struck Kyiv in the early hours of June 2, leaving at least four people injured and causing significant damage to residential buildings across the Ukrainian capital, according to local officials...

Lebanon-Israel Partial Ceasefire Announced as Regional Tensions Remain High in 2026

Lebanon has announced a partial ceasefire agreement between Hezbollah and Israel, marking a limited step toward de-escalation in a conflict that has claimed thousands of lives and intensified broader Middle East tensions...

Denmark’s Mette Frederiksen Secures Third Term with New Centre-Left Coalition Government

Denmark Prime Minister Mette Frederiksen has secured a third consecutive term in office after reaching an agreement to form a new centre-left coalition government, ending months of political uncertainty following the...

Zelenskiy Warns of Possible Massive Russian Strike as Ukraine Remains on High Alert

Ukrainian President Volodymyr Zelenskiy has warned that intelligence reports continue to indicate the possibility of a large-scale Russian missile and drone attack on Ukraine, urging citizens to remain vigilant and closely...

Science

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...

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...

Technology

HPE Raises 2026 Outlook After Record Q2 Revenue Fueled by AI Server Demand

Hewlett Packard Enterprise (NYSE: HPE) delivered record-breaking second-quarter results, driven by surging demand for AI infrastructure, enterprise servers, and networking solutions. The strong performance prompted the...

Alphabet Unveils $80 Billion Capital Raise to Accelerate AI Expansion, Secures $10 Billion Backing from Berkshire Hathaway

Alphabet Inc. has announced an ambitious $80 billion equity fundraising plan aimed at supporting the rapidly growing costs of artificial intelligence infrastructure and expanding its computing capacity. The move highlights...

Anthropic Files for IPO, Signaling a New Era for Public AI Investments in 2026

Anthropic, the public benefit corporation behind the widely used Claude family of artificial intelligence models, has officially taken a significant step toward becoming a publicly traded company. The AI startup announced...

Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook

Morgan Stanley has upgraded two major Greater China semiconductor stocks, Winbond Electronics Corp. and Nanya Technology Corp., from Equal-weight to Overweight, citing strengthening memory chip prices and expanding growth...

SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High

SoftBank Group Corp. (TYO: 9984) surged to a record high on Monday, driven by growing investor confidence in the artificial intelligence sector and the companys expanding exposure to AI-related technologies. The Japanese...
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