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Mondelez reopening its damaged plant near Kyiv

Jun 27, 2022 10:14 am UTC| Business Economy

Mondelez International Inc. owns a production factory outside of Kyiv in Ukraine, and unfortunately, this has been badly damaged by the ongoing war in the region. But despite its condition, it was reported that the Oreo...

Korea’s Genesis BBQ No.2 fastest-growing franchise in the US

Jun 27, 2022 10:08 am UTC| Business Economy

Genesis BBQ is one of the largest fried chicken brands in South Korea. It was launched in the United States, and now it is the second-fastest-growing among the 25 restaurant chains in the country. The ranking was based...

Potential criminal liability awaits US firms covering workers' abortion costs

Jun 27, 2022 09:53 am UTC| Law Economy Business Health

US companies that will cover travel costs for employees getting abortions could be exposed to criminal liability, according to legal experts. Last Friday, the US Supreme Court overturned the 1973 Roe v. Wade ruling that...

Coca-Cola quashes rumors Coke Zero is discontinued in some countries

Jun 27, 2022 09:46 am UTC| Business Economy

Coca-Cola has issued a response to claims that it has stopped the selling of its Coke Zero in certain countries. It was reported that this rumor had been circulating online for days, and the American beverage company...

Chevron to move its global HQ and sell its existing head office

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

Chevron Corporation, an American multinational energy corporation, is relocating its headquarters, but it will still be in the same state as its existing head office, which is in San Ramon, California. According to...

Costco’s SunVilla solar patio umbrella recalled over fire risks

Jun 27, 2022 09:04 am UTC| Business Economy

The solar patio umbrellas being exclusively sold at Costco have been recalled. The US Consumer Product Safety Commission (CPSC) said that the recall is effective in the United States and Canada, citing fire risk as to the...

Digital Currency Revolution

Metaverse: Shinsegae jumping into metaverse with assistance from Hancom

Jun 27, 2022 08:21 am UTC| Business Digital Currency Investing

Shinsegae, a South Korean department store franchise headquartered in Seoul, South Korea, is planning to create its own metaverse service. For this move, it has sought the assistance of Hancom, a local software developer...

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Economy

China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand

Chinas manufacturing sector showed modest growth in April, surpassing expectations, but broader economic momentum remained uneven due to weak domestic demand and slowing non-manufacturing activity. According to data...

Oil Prices Surge Near $120 as U.S.-Iran Tensions Threaten Global Supply

Oil prices climbed sharply on Thursday, extending a strong rally driven by escalating geopolitical tensions and supply concerns linked to the ongoing U.S.-Iran conflict. Brent crude briefly crossed the $120 per barrel mark...

Stock Market Update: Fed Holds Rates Steady as Tech Earnings and Geopolitical Tensions Shape Outlook

Wall Street ended mostly lower as investors reacted to the Federal Reserves decision to keep interest rates unchanged, a move that was widely expected but still influenced market sentiment. The SP 500 and NASDAQ Composite...

US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions

The United States-Iran conflict continues to intensify as President Donald Trump engages with oil executives to address the potential long-term impact of a U.S. naval blockade targeting Irans oil exports. The blockade,...

Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions

Gold prices slipped on Wednesday as investors weighed ongoing geopolitical risks in the Middle East alongside expectations surrounding the Federal Reserves upcoming interest rate decision. Spot gold declined by 0.5% to...

Politics

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Trump Considers Reducing U.S. Troops in Germany Amid NATO Tensions

U.S. President Donald Trump has signaled that his administration is reviewing a potential reduction of American troops stationed in Germany, a move that could reshape U.S. military presence in Europe and impact NATO...

US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping

The United States is urging allied nations to support a new international initiative aimed at safeguarding navigation through the Strait of Hormuz, a critical global shipping route that has recently experienced...

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

King Charles and Queen Camilla Honor 9/11 Victims During New York Visit Amid US-UK Tensions

King Charles III and Queen Camilla paid tribute to the victims of the September 11, 2001 terrorist attacks during a solemn visit to the 9/11 Memorial in New York City. The royal couple laid a floral arrangement at the site...

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

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 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

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...
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