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Thu, Jul 02, 2026 11:07 PM All times are UTC

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Burger King, Pizza Hut, KFC could face food shortages amid looming strike

Oct 29, 2022 23:08 pm UTC| Economy Business Life

Hundreds of workers who supply some of Britains top fast-food chains Pizza Express, KFC, Zizzi, Burger King, Wagamama, and Pizza Hut began voting yesterday on a call for strike action over pay. Bestfood Logistics...

CN.AI leads to expand global reach in AI synthetic data processing

Oct 29, 2022 23:07 pm UTC| Technology Economy Business

South Korean startup CN.AI Inc. is now eyeing the fast-growing global synthetic data market, which will expand to $26.1 billion in 2024. Lee Won-seop, CEO of CN.AI Inc., which generates synthetic data for AI, said they...

S. Korea eyes tariff-rate quota expansion on energy, food imports

Oct 29, 2022 23:07 pm UTC| Economy Business

South Korea plans to expand its tariff-rate quota on energy and food imports as it deals with inflation and the strong US dollar. The zero-tariff policy for liquefied natural gas (LNG) imports within the quota will be...

Orlando Magic renews partnership with Disney

Oct 29, 2022 23:07 pm UTC| Sports Economy

The Orlando Magic have renewed their broad partnership with Disney that includes a continuation of the jersey patch agreement. Disney will retain a presence throughout the Amway Center, including branded areas, special...

S. Korean retailer of Japan's Uniqlo fined over misleading ads

Oct 28, 2022 23:52 pm UTC| Economy Business Law

South Koreas Fair Trade Commission (FTC) has fined a retailer of popular Japanese fashion brand Uniqlo 153 million won over misleading advertisements. FRL Korea Co., which sells Uniqlo products, exaggerated the features...

Hyundai to hasten construction of $5.5 billion electric car plant to qualify for tax credits

Oct 28, 2022 23:52 pm UTC| Business Economy

Hyundai Motor Group will speed up the construction of a massive new manufacturing project in Georgia to avail of new federal tax credits for electric vehicles next year. A significant share of the battery components...

Taiwan seeks EU trade deal talks, sees ‘enormous potential’

Oct 28, 2022 23:52 pm UTC| Economy Business

Taiwan sought trade deal talks with the European Union while touting its leading position in the chip sector. President Tsai Ing-wen said at an EU investment forum in Taipei that the restructuring of global supply...

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Economy

Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer

Brazils government will remove its gasoline subsidy much sooner than the diesel subsidy, opting for a gradual approach to prevent disruptions in the countrys fuel market while maintaining its fiscal-neutrality goals....

Denmark Central Bank Intervenes to Support Krone Peg Against Euro

Denmarks central bank stepped into the foreign exchange market in June for the first time in more than six years to support the Danish krone after the currency weakened to its lowest level against the euro in over 25...

Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations

Gold prices rallied sharply on Thursday, with spot gold climbing more than 2% after a weaker-than-expected U.S. jobs report reduced expectations for additional Federal Reserve interest rate hikes. The softer labor market...

Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend

Oil prices traded little changed on Thursday as investors paused after weeks of sharp declines that pushed crude benchmarks back to levels seen before the recent U.S.-Iran conflict. Improved shipping activity through the...

Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble

Wall Street closed mixed on Thursday as losses in technology shares, led by semiconductor companies and Tesla, offset optimism from a weaker-than-expected U.S. jobs report that reduced expectations for additional Federal...

Politics

Russia’s Deadly Kyiv Missile and Drone Attack Kills 27 as Zelensky Urges Faster Air Defense Support

Russia launched one of its largest air assaults on Ukraines capital, Kyiv, overnight, killing at least 27 people, injuring 91 others, and damaging around 130 buildings in the deadliest attack on the city this year....

Russian Attacks Kill Three in Eastern Ukraine as Civilian Casualties Mount

Russian attacks across eastern Ukraine killed at least three people on Thursday, including a seven-year-old child, while several others were injured in strikes targeting multiple regions, according to Ukrainian regional...

DHS Investigates Cyber Breach in Homeland Security Information-Sharing Network

The U.S. Department of Homeland Security (DHS) has launched an investigation into a cybersecurity breach involving an unnamed government information-sharing network, raising fresh concerns about the security of sensitive...

Trump Accounts Now Accept Stock Donations as Treasury Launches New Child Investment Program

Individuals and businesses will soon be able to donate publicly traded stocks to Trump Accounts, the government-backed investment accounts created under President Donald Trumps landmark tax and immigration law, according...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

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

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...