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Mon, May 04, 2026 02:23 AM All times are UTC

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EV start-up Canoo to offer pod-like electric pickup in 2023

Mar 11, 2021 23:58 pm UTC| Business

Los Angeles-based electric vehicle startup Canoo Inc will introduce an American-built pod-like electric pickup truck in the first quarter of 2023 and would begin taking pre-orders in the second quarter of 2021. Canoo...

Roblox shares soar 54% in NYSE debut, valued at $45.2 billion

Mar 11, 2021 23:56 pm UTC| Business

Shares of US gaming company Roblox Corp closed at $69.47 in its New York Stock Exchange trading debut, up by 54.4 percent from the reference price of $45, valuing the company at $45.2 billion. The San Mateo,...

Container ships face longer turnaround at Singapore ports due to increased vessel calls, container volumes

Mar 11, 2021 23:54 pm UTC| Business

Container vessels at Singapores port now need to wait five to seven days for a turnaround, up from a two-day maximum for ultra-large 18,000 TEU vessel, due to a recent surge in vessel calls and container volumes. There...

SK vows to reject LG's resolution offer if its means discontinuation or reduced US business

Mar 11, 2021 23:53 pm UTC| Business

SK Innovation Co Ltd vowed not to accept any proposal by rival LG Energy Solution to resolve their legal dispute if it would result in crippling its business in the US. LG reportedly proposed settlement terms to SK,...

Kumho Tire to expand its plant in Vietnam with $297.6 million investment

Mar 11, 2021 11:56 am UTC| Business

Kumho Tire revealed this week that it would be investing KRW340 billion won or around $297.6 million to expand its plant in Vietnam. This move will allow the company to double its production capacity. The reason behind...

Buzzfeed kicks out 45 journalists from its newly-acquired Huffpost

Mar 11, 2021 11:48 am UTC| Business

After acquiring HuffPost not long ago, one of Buzzfeeds first moves was to fire at least 45 employees from the media company that it purchased. The layoffs were revealed early this week by HuffPost union. The workers...

Daryll Knowles Explains How Entrepreneurs Can Leverage New Technology to Their Advantage

Mar 11, 2021 11:01 am UTC| Business

Technology is one of the best ways that businesses can gain a competitive edge in the 21st century. That is why Daryll Knowles, an entrepreneur and business executive from New South Wales, Australia, always urges his team...

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Economy

Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns

Concerns that the eurozone could face a recession are increasingly valid as geopolitical tensions in the Middle East continue to disrupt global markets, according to European Central Bank (ECB) Governing Council member and...

Yen Stabilizes After Suspected Intervention as Global Currency Markets Stay Cautious

The Japanese yen showed signs of stability in early Asian trading, gaining modest ground after several volatile sessions driven by suspected government intervention. The currency strengthened by 0.1% to 156.885 per dollar,...

Asian Stocks Rise as South Korea Hits Record High on AI Chip Rally

Asian stock markets opened the week on a positive note, led by a strong surge in South Korean equities and renewed momentum in Hong Kongs technology sector. Investor sentiment across the region improved as markets reacted...

Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated

The Bank of Korea (BOK) is signaling a shift toward a more hawkish monetary policy stance, with senior officials indicating that interest rate hikes may soon be back on the table. Ryoo Sang-dai, senior deputy governor and...

Asian Stocks Rise Slightly as Oil Prices Hold Steady Amid Middle East Uncertainty

Asian markets inched higher on Monday while oil prices remained stable, as investors weighed geopolitical developments in the Middle East alongside a packed week of corporate earnings and economic data. Sentiment improved...

Politics

Ukraine Drone Strikes Hit Russian Oil Port Primorsk and Naval Targets

Ukraine has intensified its long-range drone campaign against Russia, targeting key energy infrastructure and military assets in a large-scale overnight assault. Ukrainian forces reportedly struck the Baltic Sea port of...

Taiwan President Lai Ching-te Visits Eswatini Amid Rising China Pressure

Taiwan President Lai Ching-te has arrived in Eswatini, marking a significant diplomatic move after his earlier trip was delayed due to restricted airspace access reportedly influenced by China. The visit underscores...

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

Poland Sees No Delays in U.S. Patriot Missile Defense Deliveries Despite Stockpile Concerns

Poland has not received any signals suggesting delays in the delivery of U.S.-made Patriot air defense systems, according to Defence Minister Wladyslaw Kosiniak-Kamysz. His statement comes amid growing concerns across...

Trump Announces “Project Freedom” to Aid Stranded Ships in Strait of Hormuz

U.S. President Donald Trump has unveiled a new humanitarian initiative called Project Freedom, designed to assist neutral commercial vessels stranded in the Strait of Hormuz due to escalating Middle East tensions. 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

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

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...