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Adidas Faces Lawsuit from Investors over Kanye West Partnership

May 01, 2023 08:53 am UTC| Business Economy

Adidas AG is being sued by its own investors over the companys partnership deal with American rapper Kanye West, also known as Ye. The investors claim that the German sneaker and apparel manufacturer was aware of Wests...

Microsoft at risk of paying $3B if merger with Activision Blizzard fails

May 01, 2023 08:11 am UTC| Business Economy

Microsoft Corporation will still have to shell out a massive amount even if its acquisition of Activision Blizzard will no longer proceed. This was recently confirmed by the video game publishers chief executive officer,...

Energizer, Walmart facing lawsuits for allegedly colluding to raise prices of batteries

May 01, 2023 08:07 am UTC| Business Economy

Walmart and Energizer Holdings Inc. were sued by both retailers and shoppers for suspicion of collusion. They have reportedly proposed three antitrust class action suits after accusing the companies of being in cahoots to...

Doosan inks agreement with Rockwell Automation for robot supply, US expansion

May 01, 2023 07:48 am UTC| Business Economy

Doosan Group has signed a memorandum of understanding contract with the Milwaukee, Wisconsin-headquartered industrial automation company Rockwell Automation. The deal will help the South Korean conglomerate with its...

The tricky economics of subsidising psychedelics for mental health therapy

May 01, 2023 06:58 am UTC| Economy

Australia is the worlds first country to legalise the medical use of psychedelics. But not everyone is sure the timing is right. There are still major issues to work out for this move to benefit those most in need. In...

Basic income could play an important role in creating a more just and sustainable food system

May 01, 2023 06:58 am UTC| Economy

Canadas food system is experiencing ongoing stresses from supply chain disruptions, price inflation and extreme weather events. Canadians are feeling the effects of these stresses: in 2021, nearly 16 per cent of provincial...

Some projects in $120 billion federal infrastructure pipeline set to be scrapped

May 01, 2023 06:57 am UTC| Economy

Some projects in the $120 billion federal infrastructure investment pipeline that the Albanese government inherited from the Coalition will soon be on the chopping block. This follows the announcement of a 90-day review...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

Global oil markets experienced a dramatic selloff on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, easing fears of a major disruption to Middle East energy supplies. Brent...

U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

U.S. stock index futures posted sharp gains Wednesday after President Donald Trump announced a temporary ceasefire agreement with Iran, lifting market sentiment and triggering a dramatic drop in oil prices. The development...

U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

The United States and China are maintaining a stable trade relationship, and President Donald Trump intends to preserve that balance in an upcoming summit with Chinese President Xi Jinping, according to U.S. Trade...

Politics

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...

FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

The Federal Communications Commission is escalating its crackdown on Chinese technology by preparing to vote on a sweeping proposal that would prohibit all Chinese laboratories from testing electronic devices intended for...

Israel Strikes Lebanon Amid Iran Ceasefire, UN Condemns Mass Casualties

Just hours after a two-week ceasefire was brokered between the United States and Iran, Israel launched its most intense wave of strikes on Lebanon since the conflict with Hezbollah began last month. The scale of the...

Mexico Appoints Roberto Velasco as New Foreign Minister Amid USMCA Trade Review

Mexicos Senate has officially confirmed Roberto Velasco as the countrys new Foreign Minister, filling a critical diplomatic role at a time when North American trade relations are under close scrutiny. Velasco, who...

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

President Donald Trump welcomed NATO Secretary General Mark Rutte to the White House on Wednesday for high-stakes talks as the ongoing conflict with Iran continues to strain transatlantic relations. The meeting comes at a...

Science

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

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 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...

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...

Technology

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...
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