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IKEA targets 100% zero emissions for home deliveries in India by 2025

Dec 27, 2022 10:04 am UTC| Nature Economy Business

IKEA aims to achieve 100 percent zero emissions for home deliveries by 2025 with the help of Its Indian logistics partner GATI-KWE. According to IKEA, after beginning to use two electric vehicles for deliveries from its...

Apple supplier TSMC to begin mass production of 3nm chips this week, report says

Dec 27, 2022 09:45 am UTC| Technology Business

The Taiwan Semiconductor Manufacturing Company, Apples primary chip supplier, will reportedly start mass-producing 3nm chips this week. The chipmaking technology, also called N3, is expected to be used in the slate of new...

Digital Currency Revolution

Cryptocurrency: Huobi partners with Visa to launch Huobi Visa Card

Dec 27, 2022 09:37 am UTC| Business Digital Currency Investing

Huobi, a cryptocurrency exchange based in Seychelles, has joined forces with Visa Inc. to introduce the Huobi Visa Card, which will make it easier for customers to convert and use their cryptocurrencies as payments to at...

Peloton launches refurbished bikes in US and Canada with up to $500 discount offer

Dec 27, 2022 09:18 am UTC| Business Economy

Peloton Interactive Inc. announced it would be selling refurbished bikes in the United States and Canada. For these items, customers can enjoy huge discounts of up to $500. Peloton said on Monday, Dec. 26, that it is...

SK energy, Naver team up to convert gas stations into logistic centers

Dec 27, 2022 09:01 am UTC| Business Economy

SK energy Co. and Naver Corp. have agreed to work together to build logistic hubs for small and medium-sized enterprises in South Korea. The companies will jointly convert the gas stations owned by the energy...

EMart24 convenience store chain lands in Singapore, opens first outlet to sell K-food

Dec 27, 2022 07:46 am UTC| Business Economy

Emart24 has arrived in Singapore and opened its first-ever store there on Dec. 23. It was reported that the branch was launched in Jurong Point, which is a major shopping mall in the country. Emart24 is owned by South...

Samsung issues recall on over 660,000 washing machines in the US

Dec 27, 2022 06:03 am UTC| Business Economy

Samsung Electronics issued a recall that covers more than 660,000 washing machines in the United States. The South Korean company warned its customers about fire risk after receiving more than four dozen reports related to...

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Economy

Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals

Gold prices declined sharply during Asian trading on Tuesday as rising oil prices and hawkish signals from the Bank of Japan (BOJ) heightened concerns about global inflation and interest rate policies. Spot gold fell by 1%...

China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.

The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

Science

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...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Google Secures Pentagon AI Deal for Classified Projects

Alphabets Google has reportedly entered into an agreement with the U.S. Department of Defense to deploy its advanced artificial intelligence models for classified operations, according to a report by The Information citing...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...