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

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Fonterra to invest NZD 51 million to improve wastewater processing

Oct 25, 2022 23:15 pm UTC| Nature Economy Business

Dairy giant Fonterra will invest NZD 51 million to improve wastewater processing at its Te Awamutu site in the Waikato region of New Zealand. The wastewater upgrade is said to be key to Fonterras long-term...

Unilever recalls Dove, TRESemme, Suave shampoo brands for toxic levels of benzene

Oct 25, 2022 10:08 am UTC| Business Economy

Unilever voluntarily recalled some of its shampoo products that were distributed across the United States. The company had to recall more than two dozen of its well-known dry shampoo aerosol products after the federal...

Elon Musk must complete Twitter deal this week to avoid going to court for trial

Oct 25, 2022 09:36 am UTC| Business Economy

Elon Musk only has until the end of this week to close the $44 billion acquisition deal with Twitter or go to court to face trial. Based on the reports, the 51-year-old billionaire needs to complete the transaction by 5...

McDonald’s launches ‘Farewell Tour’ event as McRib returns to the menu

Oct 25, 2022 09:16 am UTC| Business Economy

McDonalds is bringing back its McRib sandwich item, but this is probably the last time that this will be on the restaurants menu list. This is because the fast-food chain is announcing its comeback while also launching The...

Kia, CJ Freshway partner for the development and supply of eco-friendly food delivery trucks

Oct 25, 2022 08:37 am UTC| Business Economy

Kia Motors and CJ Freshway have signed a memorandum of understanding (MOU) for the supply of eco-friendly Purpose Built Vehicles or PBVs. These are special-purpose vehicles based on small or medium-sized, or multi-box...

Hawaiian Airlines, Amazon signs agreement for cargo plane operations

Oct 25, 2022 08:07 am UTC| Business Economy

Hawaiian Airlines reached a deal with Amazon for air cargo deliveries. The e-commerce giant chose the largest operator of commercial flights, to and from the U.S. state of Hawaii, for its freight operations. Amazon will...

South Korea to invest $35B for expansion of provision to avoid corporate liquidity crisis

Oct 25, 2022 07:37 am UTC| Business Economy

The South Korean government said it would be expanding the provision of liquidity to more than KRW50 trillion or about $34.7 billion in an effort to reduce tensions in corporate bond and commercial paper (CP) markets. It...

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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...