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L'Oreal to collaborate with South Korea's Hotel Shilla to launch its new luxury beauty brand

Jun 22, 2022 09:41 am UTC| Business Economy

LOreal is set to launch its new luxury beauty brand in South Korea, and for this, it has tapped Hotel Shilla as a partner. The French cosmetic and personal care brand and Koreas luxury hotel are working together for the...

Paris Baguette's parent company signs JV with Malaysia's Berjaya Food to target halal market

Jun 22, 2022 09:00 am UTC| Business Economy

Paris Baguettes parent company, the SPC Group, has signed a joint venture deal with Malaysias Berjaya Food. As part of the agreement, they will be building a production plant in Malaysia and target the halal market, which...

American Airlines cancels flight service in three US cities as pilot shortage bites

Jun 22, 2022 08:39 am UTC| Business Economy

American Airlines announced this week that it would be ending its service in three cities in the United States this fall. The carrier cited the shortage of pilots as the reason for the decision. As per Fox Business,...

Naver, Qualcomm team up to build first 5G drones in South Korea

Jun 22, 2022 07:54 am UTC| Business Economy

Naver Cloud and Qualcomm announced earlier this week that they have partnered to develop South Koreas first drone that will operate on a 5G wireless network. They have also teamed up with Koreas Argosdyne, a drone mobility...

Pfizer buys 8.1% stake in Valneva French vaccines firm

Jun 22, 2022 07:23 am UTC| Business Economy

Pfizer has acquired a stake in Valneva, a French biotech company, to jointly develop a vaccine for Lyme disease. The former entered into an Equity Subscription Agreement with Valneva and will begin collaboration for the...

Canadian meat retailers seek exemption of ground beef from health warning label law

Jun 21, 2022 23:55 pm UTC| Law Economy Business Health

Canadian ground beef processors and retailers are requesting authorities not to flag their products under a health warning label law against food and beverages with over 15 percent of the recommended daily allowance for...

Germany to fire up coal stations as Russia reduces gas supply

Jun 21, 2022 23:53 pm UTC| Nature Economy Business

Germany must increase the burning of coal to help fill gas storage facilities for next winter, as the country moves away from reduced Russian gas supplies, says Economy Minister Robert Habeck. Habeck said Germany is...

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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

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...

Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand

Samsung Electronics posted a record-breaking quarterly profit, fueled by surging demand for AI infrastructure and rising memory chip prices. The global semiconductor leader reported a dramatic increase in earnings,...

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....
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