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Mon, May 04, 2026 03:40 AM All times are UTC

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Apple in hot seat after the UK starts antitrust probe on its app store

Mar 05, 2021 06:32 am UTC| Business

Apple is under investigation, and it was launched by the U.K. competition watchdogs. There are allegations that the American tech company is abusing its position in the industry, so Britain is checking this...

Hyundai, LG Energy to jointly shoulder costs for battery replacements of recalled Kona, Ioniq EVs

Mar 05, 2021 06:24 am UTC| Business

Hyundai announced it recalled some of its Elec City buses, Kona, and Ioniq electric cars. The recall was due to nearly a dozen reports of fires in the EVs. It was reported that investigation reveals that the cause was...

Pennsylvania Casino Industry Reports 6% Increase in Revenue

Mar 05, 2021 05:28 am UTC| Business

The regulated gambling industry is quite fascinating from an economic perspective. It has shown itself to be remarkably resilient against recessions. Even in times of plummeting consumer income, casinos and betting shops...

Zilliqa announces investment in online academy

Mar 05, 2021 05:20 am UTC| Business

We have been seeing a lot of traction for the blockchain industry in the last couple of years or so, as this technology gains recognition due to the increasing popularity of cryptocurrencies. As more people have tried to...

Ford's Mustang Mach-E eats into Tesla's US market share

Mar 04, 2021 23:29 pm UTC| Business

Teslas share of the US EV market fell to 69 percent in February from 81 percent a year ago as EV sales by traditional automakers more than doubled to 9,527 vehicles with Fords Mustang Mach-E, accounting for 3,739. Adam...

Facebook: New Zealand wants to impose news deals similar to Australia’s Media Bargaining Code

Mar 04, 2021 09:32 am UTC| Business

New Zealand reportedly approached Facebook and Google and expressed its wish for them to make a deal with its local publication firm, Kiwi Media Publishing Limited. Apparently, the country is seeking payments for news just...

Exxon Mobil penalized over the Clean Air Act violation and ordered to pay $14.25M

Mar 04, 2021 09:26 am UTC| Business

The lawsuit against Exxon Mobil over the Clean Air Act has ended, and the federal judge ordered the oil company to pay $14.25 million in penalty. The case has been going on for 11 years now, and the verdict was finally...

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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

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

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...