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Global Brands acquires 3 alcohol brands it produces under license from Molson Coors

Jan 05, 2023 23:06 pm UTC| Life Economy Business

Global Brands has announced the acquisition of Hooch, Hoopers, and Reef alcohol brands from Molson Coors Beverage Company. According to the Independent drinks firm, the acquisition will give them freedom to grow that...

Yogiyo, GS Retail launch Yo Convenience Store to offer quick commerce service nationwide

Jan 05, 2023 08:25 am UTC| Business Economy

Yogiyo-GS Retail announced the launching of the Yo Convenience Store, where customers can immediately receive their orders nationwide. This service has also pushed GS Retails GS25 convenience store chains to jump into the...

Kurly scraps IPO plan in South Korea citing tough market conditions

Jan 05, 2023 07:34 am UTC| Business Economy

Kurly, the South Korean online grocery giant, just terminated its initial public offerings (IPO) plans for its Market Kurly grocery shopping brand. The company, which also offers delivery services, said it postponed its...

Ediya Coffee launching first branch in Guam after entering the US market

Jan 05, 2023 06:36 am UTC| Business Economy

Ediya Coffee has finally debuted in the United States, and the first store was recently launched in Guam. The South Korean coffee chains arrival in the country now serves as a stepping stone for the brand to enter and...

Global economy 2023: how governments could make the energy crisis worse this year

Jan 05, 2023 04:54 am UTC| Economy

This is the second instalment in our series on where the global economy is heading in 2023, which started with this article on global inflation. As 2022 drew to a close, EU energy ministers finally reached an agreement...

More than 100,000 tourists will head to Antarctica this summer. Should we worry about damage to the ice and its ecosystems?

Jan 05, 2023 04:52 am UTC| Economy Business

As the summer sun finally arrives for people in the Southern Hemisphere, more than 100,000 tourists will head for the ice. Travelling on one of more than 50 cruise ships, they will brave the two-day trip across the...

Stock exchanges: has Paris really stolen the limelight from the City of London?

Jan 05, 2023 04:52 am UTC| Economy

In late 2022, the French press exulted at the news that Pariss market capitalisation had overtaken Londons. While these financial centres have been competing for more than two centuries, Paris faded from view from 1914 to...

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Economy

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Gold Plunges 4% as Treasury Yields Surge and Fed Rate Hike Bets Rise

Gold prices tumbled nearly 4% on Monday as surging U.S. Treasury yields, a stronger dollar, rising oil prices and growing expectations for additional Federal Reserve interest rate hikes pressured precious metals. Spot gold...

South Korea Exports Set for 16th Monthly Gain on AI Chip Demand

South Korean exports are expected to increase for a 16th consecutive month in September, supported by strong semiconductor demand fueled by global artificial intelligence investment, according to a Reuters poll released...

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower

Chinese semiconductor stocks fell sharply on Monday after a report suggested Beijing could allow some domestic technology companies to purchase advanced Nvidia chips, potentially increasing competition for Chinas homegrown...

Politics

UN Experts Urge US to Halt Third-Country Migrant Deportations

More than a dozen United Nations human rights experts have called on the U.S. government to halt its third-country migrant deportation policy, warning that the practice could expose vulnerable people to torture,...

Judge Blocks Trump Election Conditions on Counterterrorism Grants

A U.S. federal judge on Monday blocked the Trump administration from tying counterterrorism funding for state and local governments to changes in election administration, rejecting an effort to use federal security grants...

Denmark Expects Long-Term NATO Presence in Greenland, Arctic

Denmark expects NATO to maintain an expanded military presence in Greenland and across the Arctic for the long term following a new security agreement with the United States, Danish Defence Minister Jeppe Bruus said on...

Senate Democrats Say Tether USDT Helps Iran Evade Sanctions

Tethers USDT stablecoin has become an important tool in Irans alleged sanctions-evasion network, according to a new report from Democratic staff on the U.S. Senate Permanent Subcommittee on Investigations. The report...

California Bans Memecoins Issued by Public Officials Under New Law

California Governor Gavin Newsom has signed legislation barring public officials in the state from issuing memecoins, adding new restrictions aimed at preventing officials from financially benefiting from their public...

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

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...
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