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Mon, Sep 28, 2026 02:00 AM All times are UTC

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H&M Marks Expansion in Eastern India with Grand Debut in Ranchi's Mall

Aug 17, 2023 09:39 am UTC| Economy Life Business

Hennes Mauritz (HM) inaugurates its debut store in Ranchis Mall, marking its 53rd Indian location. The two-story outlet at the Mall of Ranchi underscores the brands commitment to reaching fashion enthusiasts in eastern...

General Motors to Invest $60M in Mitra Chem Battery Maker Startup

Aug 17, 2023 09:38 am UTC| Business Economy

General Motors made the decision to invest in a California-based startup called Mitra Chem. The automaker will spend about $60 million in financing for the said firm that develops cheaper batteries for electric...

Hyundai Motor Signs Deal for Take Over of General Motors Plant in India

Aug 17, 2023 08:53 am UTC| Business Economy

Hyundai Motor has acquired the production plant of General Motors in India. The automakers recently signed a deal for the purchase, and the Korean firm expects to start production in the facility by 2025. With the...

SK On Plans to Boost Battery Production in Korea Using $1.12B Investment

Aug 17, 2023 08:37 am UTC| Business Economy

SK on revealed on Wednesday that it will allot fresh investment to increase its battery production in South Korea. The company said it will spend KRW1.5 trillion or about $1.12 billion for the plan. To ramp up its...

Digital Currency Revolution

McDonald's Singapore Unveils 2,000 Exclusive Grimace NFTs in Partnership with 'The Hidden Walls'

Aug 17, 2023 08:26 am UTC| Economy Business Digital Currency

McDonalds Singapore partners with Bandwagon Labs and local NFT artist The Hidden Walls to launch 2,000 unique Grimace digital collectibles, blending nostalgia with innovative technology in an iconic character...

Amazon Launches AI-Powered Summaries for Product Reviews to Elevate Shopping Experience

Aug 17, 2023 07:38 am UTC| Economy Life Technology Business

Amazon introduces a generative AI feature to distill product reviews into concise summaries, offering customers a faster way to gauge others opinions. This new AI tool, currently available to select U.S. mobile users,...

TSG Entertainment Sues Disney for Withholding Millions, Echoing Scarlett Johansson's Lawsuit

Aug 17, 2023 07:12 am UTC| Business Economy

TSG Entertainment, financier for blockbuster hits like Avatar 2 and Deadpool, has sued The Walt Disney Company and its subsidiary, 20th Century Fox, alleging contractual breaches and withholding profits, reminiscent of...

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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...