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Mon, Sep 28, 2026 12:46 AM All times are UTC

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Renault Korea Restructures Sales and Marketing Unit, Appoints New Division Chief

Sep 04, 2023 09:38 am UTC| Business Economy

Renault Korea Motors said on Sunday, Sept. 3, that it has appointed a new sales and marketing division chief as it revamps the team. The South Korean subsidiary of Renault S.A. explained that it hired a new leader for the...

GM Korea Bolsters Online Vehicle Offerings with Chevy Colorado, Traverse SUV

Sep 04, 2023 08:30 am UTC| Business Economy

General Motors Korean unit expands its digital showroom by adding Chevy Colorado and Traverse SUV to its online lineup, streamlining vehicle purchases amid rising demand for online shopping and digital transactions. On...

Digital Currency Revolution

Xiamen Court Advocates for Cryptocurrency Recognition as Legally Protected Property in China

Sep 04, 2023 08:22 am UTC| Economy Law Digital Currency Business

In a recent opinion article, a Chinese court in Xiamen proposed recognizing and legally protecting cryptocurrencies as property, highlighting their economic attributes and international legitimacy despite Beijings ongoing...

Burger King, McDonald's, Wendy's, Taco Bell Face Surge in Lawsuits Over False Advertising Claims

Sep 04, 2023 07:12 am UTC| Business Economy Law Life

Fast-food giants, including Burger King, McDonalds, Wendys, and Taco Bell, are facing a surge in lawsuits amid allegations of deceptive advertising, with a recent rise in class action cases spotlighting industry-wide...

A winter energy crunch in Europe looks a distinct possibility

Sep 04, 2023 05:38 am UTC| Economy

Russias invasion of Ukraine imposed a sudden energy shock on Europe 18 months ago. Faced with the prospect of much less Russian gas, there were fears that Europes energy infrastructure would not cope with winter 2022-23,...

Jobs are up, wages less so – and lower purchasing power could still lead the US into a recession

Sep 04, 2023 05:36 am UTC| Economy

Dont be overly fooled by seemingly rosy jobs data heading into the Labor Day weekend. Yes, the U.S. economy added 187,000 jobs in August 2023 faster than the revised 157,000 increase for July and above most analysts...

Digital Currency Revolution

Elon Musk's Secret Backing of Dogecoin Uncovered; New Biography Details Connection

Sep 04, 2023 04:29 am UTC| Business Digital Currency Investing Economy

Elon Musk, the tech billionaire behind Tesla, has been secretly funding Dogecoins development, says renowned biographer Walter Isaacson. While Musks takeover of Twitter garnered headlines, his ongoing support for the meme...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

North Korea Tests Drone-Missile Swarm Attack Tactics

North Korea is testing coordinated swarm attacks involving drones, missiles, rockets and artillery, signaling a push to adopt battlefield tactics seen in Ukraine and the Middle East that could challenge U.S. and South...

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...