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Tue, Apr 28, 2026 09:56 AM All times are UTC

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Hyundai Motor looking to boost its presence in the Brazilian market

Dec 13, 2022 10:09 am UTC| Business Economy

Hyundai Motor is reportedly close to reaching a double-digit market share in the Brazilian market in terms of sales. The South Korean attained this level for the first time since entering Brazil. Based on the Brazilian...

AmorePacific Group names new company presidents

Dec 13, 2022 09:17 am UTC| Business Economy

AmorePacific Group announces leadership changes in the company after appointing new chief executive officers for its holding company and AmorePacfic flagship affiliate. The South Korean beauty and cosmetics company that...

Cryptocurrency: Terraform Labs' Do Kwon hiding in Serbia, South Korean media report

Dec 13, 2022 09:00 am UTC| Business Economy

Terraform Labs co-founder, Do Kwon, is reportedly hiding in Serbia, and this report comes after almost three months since Interpol issued a red notice for him. Local media outlets in South Korea said that the prosecution...

MacBook Air and iPad Pro with OLED displays could still launch in 2024

Dec 13, 2022 08:45 am UTC| Technology Business

Apple could transition to using OLED displays for its key products, apart from iPhones, by 2024, starting with three devices. Those products are expected to be a new MacBook Air and new iPad Pros. Display industry...

Stellantis announces plans to shutter its Illinois plant, over 1,000 employees to lose jobs

Dec 13, 2022 08:19 am UTC| Business Economy

Stellantis automobile company said it would be closing down its plant in Illinois this coming February. The closure will result in job cuts that will affect around 1,350 workers. Stellantis cited the rising costs in the...

Thoma Bravo acquires Coupa Software for $8B

Dec 13, 2022 08:04 am UTC| Business Economy

Thoma Bravo LP said in an announcement that was released on Monday, Dec. 12, that it has agreed to buy Coupa Software for $8 billion. The acquisition deal will be paid in cash, and the American private equity and growth...

Rivian withdraws EV business deal with Mercedes-Benz

Dec 13, 2022 08:02 am UTC| Business Economy

Rivian, an American electric vehicle manufacturer and automotive technology company announced its joint venture partnership with Mercedes-Benz to build electric vans in Europe in September. However, just three months after...

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Economy

BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build

The Bank of Japan (BOJ) held its interest rates steady on Tuesday, but growing internal support for tightening monetary policy highlights increasing concern over inflation pressures, particularly those linked to the...

European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets

European stock markets edged lower on Tuesday as investors adopted a cautious stance ahead of key central bank meetings and a busy week of corporate earnings. Ongoing geopolitical tensions, particularly the stalled...

Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding

Ukraine is under increasing pressure to introduce a value-added tax (VAT) on low-value parcels from abroad as part of efforts to keep its $8.1 billion International Monetary Fund (IMF) program on track. The IMF review...

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...

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...