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Fri, Apr 10, 2026 03:49 AM All times are UTC

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Pentagon awards additional $7.8 billion to Lockheed Martin for F-35s

Dec 31, 2022 23:06 pm UTC| Economy Business

The US Defense Department had awarded a $7.8 billion contract modification to Lockheed Martin Corp for procuring 127 F-35 Lot 16 aircraft. The additional deal brings the total deal between the company and the Pentagon...

Norwegian Cruise Line ordered to pay $110 million in damages for using Cuban port

Dec 31, 2022 22:47 pm UTC| Law Economy Business

Norwegian Cruise Line had been asked by US District Judge Beth Bloom to pay 109,848,747.87 in damages plus $3 million in legal fees and costs to Havana Docks Corporation for using a Cuban port. Judge Blooms decision...

Volvo Cars now fully owns software development subsidiary Zenseact

Dec 31, 2022 22:34 pm UTC| Economy Business

Volvo Car AB had acquired 13.5 percent of its autonomous driving (AD) software development subsidiary Zenseact from ECARX, to make it the AD software company a fully owned subsidiary of the Swedish automaker. According...

Hong Kong’s Link to acquire Singapore real estate assets

Dec 31, 2022 21:11 pm UTC| Life Economy Business

Hong Kong real estate giant Link Reit is acquiring two Singaporean retail developments, Jurong Point and Swing By @ Thomson Plaza, for US$1.6 billion. Upon the transactions completion with the seller, Mercatus...

McDonald’s shutting in Bosnia and Herzegovina due to license woes

Dec 31, 2022 21:09 pm UTC| Economy Business Life

McDonalds stopped operating in Bosnia and Herzegovina last night and will keep its restaurants in the country closed until further notice due to license issues. The global fast food chain had its three restaurants in...

McDonald’s update on antibiotics policy hit as weaker approach

Dec 31, 2022 21:03 pm UTC| Health Economy Business

McDonalds Corp. has finally updated its antibiotics policy that calls for reduced antibiotic usage after a two-year delay. The fast-food giants new policy revealed in Decemebr follows guidelines set out by the World...

KOSPI down 24.9% in 2022 amid monetary policy tightening, recession

Dec 31, 2022 19:01 pm UTC| Economy Business

South Korean stocks ended the year 2022 down 24.9 percent to mark its first annual loss in four years due to global monetary tightening and economic recession woes. The benchmark Korea Composite Stock Price Index...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Cuba Seeks Dialogue With Trump Administration, Diaz-Canel Says

Cuban President Miguel Diaz-Canel has reached out to the Trump administration, expressing his governments willingness to engage in diplomatic talks but only on equal terms. In an exclusive interview with NBC News anchor...

Trump and Starmer Unite to Restore Strait of Hormuz Shipping After U.S.-Iran Ceasefire

British Prime Minister Keir Starmer held a significant phone call with U.S. President Donald Trump on Thursday, focusing on the urgent need to restore commercial shipping through the Strait of Hormuz following a recently...

U.S. Warns Citizens Against Travel to Nigeria Amid Escalating Security Threats

The United States government has urged its citizens to reconsider traveling to Nigeria while authorizing non-emergency embassy staff and their families to leave Abuja, pointing to deteriorating security conditions across...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

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

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...