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Thu, Apr 30, 2026 03:32 AM All times are UTC

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Ford announces recall for 2.9 million vehicles

Jun 17, 2022 10:09 am UTC| Business Economy

Ford Motor has another recall announcement for 2.9 million vehicle units. This time, the problem is that they could roll away when parked. As reported by CNN Business, the Ford Motor vehicles might not shift into the...

Lego to invest over $1B to build factory in the US

Jun 17, 2022 09:50 am UTC| Business Economy

Lego is building a new factory in the United States with an investment of more than $1 billion. The company announced its plan this week, and the site covers 1.7 million square feet of floor area. With the new factory,...

Chipotle tests cauliflower rice to offer more plant-based options to customers

Jun 17, 2022 09:33 am UTC| Business Economy

Chipotle Mexican Grill Inc. is adding more plant-based options to its menu, and now it is testing its cauliflower rice once again. The fast-casual restaurant chain proceeded with its second round of trial as the menu item...

Kakao Entertainment buys stake in Jay Park’s More Vision entertainment label

Jun 17, 2022 08:52 am UTC| Business Economy

Kakao Entertainment has acquired a 20% stake in idol and rapper turned CEO Jay Parks, More Vision music and dance firm. The former idol has successfully attracted a new equity investment from one of the largest...

Asahi Japanese beer is making a comeback in South Korea

Jun 17, 2022 08:45 am UTC| Business Economy

Asahi Beer, one of the most well-known Japanese beer brands, is set to return to the South Korean market. It was reported that the Japanese brewers comeback in the region is happening after a 3-year hiatus. As per The...

South Korea’s Ceragem hires Elon Musk’s mother to be its global brand ambassador

Jun 17, 2022 08:03 am UTC| Business Economy

Ceragem Co. Ltd. has hired Maye Musk, Teslas founder and CEO, Elon Musks mother, to be its new face or global brand ambassador. The South Korean maker of massage beds and patented technology medical appliances shared this...

Revlon voluntarily files for bankruptcy to continue its reorganization strategic plan

Jun 17, 2022 06:53 am UTC| Business Economy

Revlon Inc. has finally filed for bankruptcy and said this is a voluntary move as it takes steps towards company restructuring. The company will continue to work on its strategic plan to revive the brand. As per...

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Economy

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets

Asian markets showed resilience on Thursday as AI-related stocks climbed following strong earnings from major U.S. tech firms, even as rising oil prices and tightening monetary policy pressured global bonds and currencies....

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...

Politics

Taiwan Independence Explained: History, Status, and Rising China Tensions

Taiwan independence remains a highly debated issue in global politics, especially as tensions between China and the United States continue to shape international relations. The topic is expected to feature prominently in...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

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...

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

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...