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Japan to pay $322 million for US company’s chip production

Sep 30, 2022 23:52 pm UTC| Business Economy Technology

Japan will subsidize US chipmaker Micron Technology by up to $322 million to support its plan to produce advanced memory chips at a Hiroshima factory. Japans Economy and Trade Minister Yasutoshi Nishimura said he hopes...

Chicago O’Hare unseats London Heathrow as world's most connected airport

Sep 30, 2022 23:51 pm UTC| Business Life Economy

US airports Chicago OHare, Dallas/Fort Worth International Airport, and Atlanta Hartsfield-Jackson International Airport were ranked the top three most connected airports in the world, according to Megahubs...

Coca-Cola signs new, extension deals with Bayern Munich, Juventus, PSG, Liverpool, Tottenham

Sep 30, 2022 23:51 pm UTC| Sports Economy Business

Coca-Cola has signed new or extended partnerships with European soccer clubs Bayern Munich, Juventus, Liverpool, Paris Saint-Germain and Tottenham Hotspur. The beverage firm will leverage its deals with the Uefa...

LaLiga taps Snapchat as content partner

Sep 30, 2022 23:51 pm UTC| Economy Technology Business

Spanish soccers LaLiga announced a new content partnership with Snapchat set to bring premium content to millions of young fans on the short-form video platform. Snapchats community of over 347 million people globally...

Sky Sports to continue covering the NBA in UK, Ireland for 2022-23 season

Sep 30, 2022 23:51 pm UTC| Sports Economy Business

The NBA has extended its broadcast rights agreement across the UK and Ireland with Sky Sports for the 2022/23 season. The renewal lets Sky Sports deliver 135 regular season games, the All-Star Weekend, the playoffs, and...

Arsenal extends $66 million-a-year Adidas kit deal until 2030

Sep 30, 2022 23:51 pm UTC| Sports Economy Business

Arsenal has extended their technical partnership with Adidas their kit supplier until 2030. The financial terms of the new deal have not been reported. According to Juliet Slot, Arsenals chief commercial officer, the...

Athletes Unlimited raises $30 million in funding round involving Kevin Durant

Sep 30, 2022 23:51 pm UTC| Sports Economy Business

Athletes Unlimited raised US$30 million in a new funding round led by Schusterman Family Investments that included investment from Kevin Durant and Rich Kleimans 35 Ventures. A network of professional womens sports...

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Economy

Iraq Reaffirms Commitment to OPEC as UAE Exits Amid Global Energy Tensions

Iraq has confirmed it has no intention of leaving OPEC or OPEC+, according to a Reuters report citing two Iraqi oil officials. The statement comes shortly after the United Arab Emirates (UAE) announced its decision to...

US Sanctions Target Iran’s Shadow Banking Network and Terror Financing

The United States government has announced a new wave of sanctions targeting 35 individuals and entities accused of supporting Irans shadow banking system. According to officials, these networks have been instrumental in...

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

Former FBI Director James Comey Charged Over Alleged Threat Against President

Former FBI Director James Comey has been charged in connection with allegedly threatening the life of the President of the United States, according to a federal indictment filed on Tuesday. The charges also include making...

Ghana Rejects U.S. Health Deal Over Data Sharing Concerns Amid Foreign Aid Shift

Ghana has declined to sign a proposed bilateral health agreement with the United States, citing concerns over sensitive health data sharing, according to a source familiar with the negotiations. The decision marks another...

US Ties UN Funding to Reforms and Efforts to Counter China’s Influence

The United States is reportedly linking the release of billions of dollars in unpaid contributions to the United Nations (UN) to a set of reform conditions aimed at improving efficiency and reducing costs, while also...

Russia Reports Rising Drone Attacks on Civilian Infrastructure, Putin Says

Russian President Vladimir Putin has claimed that Ukraine is increasing its attacks on civilian infrastructure within Russian territory, pointing to a recent drone strike targeting an oil refinery in the southern city of...

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...

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

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...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...