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Thu, Feb 19, 2026 02:51 AM All times are UTC

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Why the Scottish ferry system is in crisis again this summer

Jun 21, 2023 07:20 am UTC| Business

Scottish ferry operator CalMac cancelled all direct sailings from the mainland to South Uist, the second largest island in the Outer Hebrides, off the north-west coast of Scotland on June 1 2023. Cancellations are expected...

South Korean Retail Giant CU Ventures Into Central Asia With Kazakhstan Expansion

Jun 21, 2023 06:58 am UTC| Business Economy

BGF Retails South Korean convenience store brand CU is breaking ground in Central Asia, partnering with local firm Shin-Line to launch its first Kazakhstan store next year amidst plans for wider expansion. CU is...

Intel Seals Landmark $33B Deal With Germany for Mega Chip Factory; Awaits EU Approval

Jun 20, 2023 10:03 am UTC| Business Economy

Intel Corporation is poised to construct a $33 billion semiconductor plant in Germany, marking its largest overseas investment, following a generous funding agreement with German authorities. As per Associated Press...

AT&T to Close Flagship Store in San Francisco, Reflecting Shift in Consumer Habits

Jun 20, 2023 09:44 am UTC| Business Economy

ATT, the US telecom giant, is shuttering its flagship store in San Franciscos Union Square, highlighting an ongoing shift in consumer shopping habits and rising challenges in downtown operating conditions. With this...

Nestlé Malaysia's Project RELeaf Hits Milestone With One Million Trees Planted, Forges Ahead with TDM Plantation Partnership

Jun 20, 2023 09:34 am UTC| Nature Economy Business

In a significant environmental stride, Nestlé Malaysia has planted the first million trees under its ambitious Project RELeaf, aiming for a total of three million. The milestone coincides with a new partnership with...

Renault Spins Off EV Unit 'Ampere', Prepares for IPO Under New CEO Luca de Meo

Jun 20, 2023 09:21 am UTC| Business Economy

Renault Group, the French automotive powerhouse, has formed Ampere, a spinoff company dedicated to electric vehicles. The group has announced plans to list Ampere on the stock market and appointed its current CEO, Luca de...

Hotel JAL City Bangkok Debuts on Sukhumvit Road July 3rd: Japanese Luxury Meets Thai Hospitality

Jun 20, 2023 09:16 am UTC| Life Economy Business

Japans renowned hotel brand, Hotel JAL City, will unveil its 16th property, previously Hotel Verve Bangkok, on Bangkoks Sukhumvit Road on July 3rd. The reopening marks a successful rebranding journey amidst a pandemic...

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Economy

Trump Says U.S. Trade Deficit Shrinking Sharply as 2026 Trade Surplus Looms

U.S. President Donald Trump said Wednesday that Americas trade deficit has narrowed significantly due to his 2025 trade tariffs, adding that the country could post its first trade surplus in decades as early as this year....

Gold Prices Hold Near $5,000 as Fed Outlook and Geopolitical Risks Shape Market Sentiment

Gold prices steadied during Asian trading on Thursday after surging more than 2% in the previous session, as thin liquidity from Lunar New Year holidays limited further upside. Investors continued to weigh persistent...

Xi Jinping Highlights People-to-People Ties as U.S.-China Relations Show Signs of Stabilization

Chinese President Xi Jinping reaffirmed the enduring importance of people-to-people exchanges between China and the United States, emphasizing that cooperation between the two nations will continue regardless of...

Asian Stocks Rise as Japan Tech Shares Rebound Ahead of Fed Minutes and PCE Data

Asian stock markets moved higher on Wednesday, led by a rebound in Japanese technology shares, even as lingering concerns over artificial intelligence continued to weigh on the broader tech sector. Trading activity across...

RBNZ Holds OCR at 2.25% as Inflation Set to Ease Toward 2% Target

The Reserve Bank of New Zealand (RBNZ) kept its official cash rate (OCR) unchanged at 2.25% on Wednesday, signaling that monetary policy will remain supportive as inflation gradually moves back toward the midpoint of its...

Politics

Lavrov Warns of Serious Consequences if U.S. Launches New Strike on Iran

Russian Foreign Minister Sergei Lavrov has warned that any new U.S. strike on Iran would trigger serious consequences and further destabilize the Middle East. In an interview aired by Saudi Arabias Al-Arabiya television...

U.S. Military Delegation Visits Venezuela After Maduro’s Arrest in Rare Diplomatic Shift

A senior U.S. military delegation led by General Francis Donovan, the top commander overseeing U.S. forces in Latin America, made a surprise visit to Venezuela on Wednesday, marking a significant development in...

South Korean Court to Deliver Landmark Verdict in Yoon Suk Yeol Insurrection Case

A South Korean court is set to deliver a pivotal ruling on whether former President Yoon Suk Yeol masterminded an insurrection during his controversial attempt to impose martial law in December 2024. The decision by the...

Putin Condemns New U.S. Sanctions on Cuba, Pledges Russian Support

Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez at the Kremlin on Wednesday, strongly criticizing newly imposed U.S. restrictions on Cuba and reaffirming Moscows support for the island nation....

Kim Jong Un Highlights Advanced Rocket Launchers and New Defense Goals Ahead of Workers’ Party Congress

North Korean leader Kim Jong Un has announced that new military and construction objectives will be unveiled during the upcoming Ninth Congress of the ruling Workers Party, according to state media outlet KCNA. The...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA

BofA Researchs February report highlights a clear split in European IT hardware demand trends, with gaming spending significantly outperforming other consumer technology categories while smartphone sales remain under...

Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South

Microsoft has announced plans to invest up to $50 billion by the end of the decade to expand artificial intelligence (AI) infrastructure and digital capabilities across countries in the Global South. The announcement was...

Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market

Qualcomm (NASDAQ: QCOM) announced on Wednesday that it plans to invest up to $150 million in a new fund dedicated to supporting artificial intelligence startups in India. The move highlights the chipmakers long-term...

Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips

Indian data centre operator Yotta Data Services has announced plans to invest more than $2 billion to develop one of Asias largest AI computing hubs, powered by Nvidias latest Blackwell Ultra chips. The large-scale AI...

YouTube Outage Disrupts Thousands Worldwide as Recommendation System Fails

YouTube experienced a widespread outage on Tuesday evening and early Wednesday morning, affecting thousands of users across the globe. According to checks conducted by Investing.com, the popular video streaming platform...