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IKEA, SunPower team up to sell solar products in select US stores

May 30, 2022 08:19 am UTC| Business Economy

IKEA has teamed up with SunPower Corp. to make solar energy products easily accessible to customers. Also, the aim of the collaboration is to offer solar solutions in homes in the United States. IKEA made the...

Digital Currency Revolution

Cryptocurrency: Terra relaunches after rebrand but plunges straight away

May 30, 2022 08:11 am UTC| Business Digital Currency Investing

Terra has been relaunched and returned with a newly-improved Luna cryptocurrency. A better Terra ecosystem was promised when Do Kwon, the co-founder of Terra Labs, announced that they will revive the Terra (LUNA) and...

Victoria's Secret to fund $8.3M settlement for terminated Thai workers

May 30, 2022 07:59 am UTC| Business Economy

Victorias Secret agreed to finance the $8.3 million to settle a case related to the layoff of Thai workers last year. They worked at a factory that makes the brands lingerie products being supplied worldwide. According...

Walmart, Kroger, Trader Joe’s organic strawberries linked to Hepatitis A outbreak in US

May 30, 2022 07:21 am UTC| Business Economy

The organic strawberries that are sold in major supermarkets and groceries, including Walmart, Kroger, and Trader Joes, are being investigated by the U.S. Food and Drug Administration (USFDA) for its possible connection to...

Starbucks opens first subway station store in Seoul

May 30, 2022 07:20 am UTC| Business Economy

Starbucks Korea has a new store in Seoul, and it is located in an unusual place. The coffee chain opens the very first cafe in the subway station. As per Pulse News, Starbucks Korea, which is operating under full...

S.Korea’s major conglomerates to hold global strategy meetings to assess biz environment

May 30, 2022 02:42 am UTC| Business Economy

South Koreas major conglomerates such as Samsung Electronics, SK, and LG will conduct business strategy meetings in the first half to examine their respective issues in the domestic and overseas business...

Japan reiterates vow to cut ratio of coal power generation

May 30, 2022 01:23 am UTC| Nature Economy Business

Japans industry minister Koichi Hagiuda will reiterate Japans policy to reduce its coal-fired power generation ratio with plans to phase out inefficient coal power plants by 2030 in dealing with Group of Seven (G7)...

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Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears

Global oil prices climbed sharply on Thursday as escalating geopolitical tensions between the United States and Iran fueled concerns about further supply disruptions in the Middle East. Brent crude oil prices surged by as...

Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks

Asian stock markets declined on Thursday as investors reacted to a sharp rise in oil prices, mixed corporate earnings, and a cautious outlook from the U.S. Federal Reserve. The combination of geopolitical tensions, energy...

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...

Politics

Russian Drone Strikes Hit Odesa Again, Injuring Civilians and Damaging Infrastructure

Russian drone attacks targeted the southern Ukrainian city of Odesa overnight, marking the second assault this week and leaving at least 18 people injured, according to local officials. The latest strike adds to the...

US House Advances $70 Billion Immigration Enforcement Budget Plan

The U.S. House of Representatives has approved a three-year budget framework that could unlock an additional $70 billion for immigration enforcement, marking a significant step in shaping future border security policies....

Trump to Receive Briefing on Potential U.S. Military Action Against Iran

U.S. President Donald Trump is expected to receive a high-level security briefing on Thursday regarding new military options targeting Iran, according to a report by Axios citing unnamed sources. The briefing will be led...

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...

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...