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Fri, Jul 03, 2026 09:29 AM All times are UTC

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LA Laker’s Crypto.com Arena to get ‘nine-figure’ renovation

Aug 24, 2022 22:21 pm UTC| Sports Economy Business

AEG will renovate Crypto.com Arena and the surrounding Xbox Plaza at a nine-figure cost. The redevelopment project, expected to be finalized by Autumn 2024, will provide multiple improvements ahead of the 2022/23...

China Crisis Series

China property crisis: why the housing market is collapsing – and the risks to the wider economy

Aug 24, 2022 10:57 am UTC| Economy

China has been trimming interest rates recently in contrast to other major economies as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. The countrys traditionally...

Ben & Jerry's lost bid to stop Unilever’s sale of its Israeli business

Aug 24, 2022 09:57 am UTC| Business Economy

Ben Jerrys American ice cream manufacturer has failed to stop its parent company, Unilever, from selling its business in Israel. It has previously sued the London-based consumer goods firm in an effort to block the sale,...

Ford Motor to appeal its $1.7B verdict over Georgia crash

Aug 24, 2022 09:11 am UTC| Business Economy

Ford Motor Co. is preparing to make a court appeal after a Gwinnett County jury stated it should pay $1.7 billion. The verdict has been delivered last week and it was for a civil lawsuit that centers on the automakers Ford...

Lotte chief to explore business opportunities in Vietnam after pulling out of China

Aug 23, 2022 23:51 pm UTC| Business Economy Life

Lotte Group Chairman Shin Dong-bin plans to go to Vietnam next week to explore business opportunities now that the company is near the completion of its withdrawal from China. Vietnam would be the first country Shin...

Atlético Madrid plans sneaker NFTs with Whalefin, STEPN

Aug 23, 2022 23:51 pm UTC| Sports Economy Business Technology

Atlético de Madrid is partnering with digital asset platform Whalefin and Web3 fitness app STEPN to release 1,001 NFT sneakers featuring their players, trophies, and stadium. The first Atlético Madrid...

S. Korea's beauty giant Amorepacific develops wireless electronic skin

Aug 23, 2022 23:51 pm UTC| Science Life Health Economy Business

Amorepacific Group has developed a chipless wireless electronic skin that accurately analyzes and measures skin conditions in collaboration with professor Kim Jeehwan of the Massachusetts Institute of Technology...

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Economy

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears

Gold prices stabilized on Friday as weaker-than-expected U.S. nonfarm payrolls data eased concerns over additional Federal Reserve interest rate hikes, helping bullion recover after recently falling to an eight-month low....

China Services PMI Beats Forecasts as Strong Demand Supports June Growth

Chinas services sector expanded at a faster-than-expected pace in June, highlighting the resilience of the countrys economy despite ongoing challenges in domestic consumption. A private business survey released on Friday...

Politics

US Ambassador Prioritizes Cook Islands Critical Minerals, Warns of China’s Pacific Influence

The United States is placing greater emphasis on securing critical minerals from the Cook Islands, with newly appointed U.S. Ambassador Jared Novelly identifying the resource-rich nation as a key strategic priority while...

Air Force Investigates Officer After Capitol Protest Calling for Trump, Vance Impeachment

The U.S. Air Force has launched an investigation into an active-duty officer who publicly called for the impeachment of President Donald Trump and Vice President JD Vance during a protest outside the U.S. Capitol, drawing...

Venezuela Interim President Defends Earthquake Response as Death Toll Climbs

Venezuelas Interim President Delcy Rodriguez on Thursday strongly defended her governments response to the devastating earthquakes that struck the countrys northern coast, rejecting accusations that officials reacted too...

Taiwan Simulates Chinese Blockade and Invasion in Major Civil Defense Drill

Taiwan has stepped up its civil defense and military preparedness with one of its most comprehensive resilience exercises, simulating a Chinese blockade, cyberattacks, disinformation, infrastructure sabotage, a major...

US Appeals Court Limits ICE Detention Without Bond Hearings After 90 Days

A U.S. federal appeals court ruled that Immigration and Customs Enforcement (ICE) cannot detain migrants for more than 90 days without giving them an opportunity to seek release through a bond hearing, dealing a setback to...

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 Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

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...