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Fri, Jul 03, 2026 01:55 PM All times are UTC

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KFC Thailand reportedly considering sale of its business

Jul 27, 2022 07:24 am UTC| Business Economy

KFC Thailand may be put up for sale by its local franchisee, Restaurants Development Company Limited. It was reported that the RD is considering the sale of its franchise business which is valued at around $300...

Rising tennis star Gauff's New Balance Coco CG1 goes on sale Aug. 29

Jul 27, 2022 00:00 am UTC| Sports Economy Business Life

New Balance has unveiled rising tennis star Coco Gauffs debut signature sneaker, the New Balance Coco CG1, a mid-top sneaker with a 90s inspired design and elevated performance technology. Gauff made sure the sneakers...

Puma to launch LaMelo Ball's MB.01 'Be You' on July 29

Jul 26, 2022 23:54 pm UTC| Sports Economy Business

Puma has unveiled images of LaMelo Balls next signature MB.01s colorway dubbed Be You, set to be launched on 29 July 2022 at 10 am EST. The concept is similar to Nikes What The series, which explores different sneaker...

Sotheby's may be liable for missing diamonds worth $4 million, says court

Jul 26, 2022 23:30 pm UTC| Law Economy Business

A state appellate court ruled Sothebys may be liable for $4 million of disappeared diamonds after it allegedly released them to a stranger. After ML Financial had given the diamonds to Sothebys for appraisal in April...

US federal court rejects Pfizer's appeal over co-pays for heart failure patients

Jul 26, 2022 23:25 pm UTC| Law Health Economy Business

Pfizer Incs challenge to a US anti-kickback law which it says prevented it from helping heart failure patients afford the medicine that cost $225,000 per year was rejected by a federal appeals court. A three-judge panel...

LG Energy Solution partners with Huayou Cobalt to set up battery recycling plant

Jul 26, 2022 10:15 am UTC| Business Economy

LG Energy Solution Ltd. announced on Tuesday, July 26, that it has partnered with Chinas Zhejiang Huayou Cobalt Co. to build a new battery recycling plant. The two agreed to sign a joint venture deal to secure a stable...

Starbucks agreed to accept the Summer Carry Bag returned by customers due to alleged toxic content

Jul 26, 2022 10:00 am UTC| Business Economy

Starbucks Korea will now allow its customers to return the Summer Carry Bag it previously gave away due to the reports it contains formaldehyde, a carcinogenic and highly toxic organic compound. On Monday, Starbucks...

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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...