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Tue, Sep 29, 2026 03:07 PM All times are UTC

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Naver formally charged over fair trade law violation

Sep 09, 2022 08:35 am UTC| Business Economy

Naver Corp. was formally charged by the Seoul Central District Prosecutors Office on Thursday, Sept. 8. The South Korean online platform and tech firm was indicted for breach of the countrys fair trade law. The company...

Cineworld files for Chapter 11 for bankruptcy protection in the US

Sep 09, 2022 08:19 am UTC| Business Economy

Cineworld is the second largest movie theater chain in the world, but in recent years, it has been struggling to stay afloat. The company incurred massive debt, and now it has filed for bankruptcy. According to Reuters,...

Panda Express brings back Beyond Meat’s plant-based orange chicken

Sep 09, 2022 07:49 am UTC| Business Economy

Panda Express and Beyond Meat are reintroducing the Original Orange Chicken, but it will be around for a limited time only. The former is adding it again to its menu lineup as a plant-based menu option for customers who...

Coca-Cola bottler achieves success in returnable bottle program

Sep 08, 2022 23:42 pm UTC| Nature Economy

Coca-Cola Southwest Beverages reported an excellent return rate of 74 percent in its Refillable Glass Bottle Pilot Program., The pilot program in El Paso, Texas, in which customers return used glass soda bottles to be...

Front-pack nutrition info sought in US

Sep 08, 2022 23:42 pm UTC| Law Economy Business Health

A White House summit on nutrition and health to be held later this month will consider whether to mandate that nutritional information be made available on the front panel of food and beverage packages. Public health...

Nestlé launches innovative sharing bar

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

Nestlé launched its first-ever sharing bar, dubbed Munchies, the Munchies Caramel and Biscuit Sharing Bar, a combination of gooey caramel and crispy biscuit encased in a milk chocolate shell, Munchies brand...

Google recruits Washington Post’s executive to be general manager of its news division

Sep 08, 2022 10:47 am UTC| Business Economy

Google just appointed a new executive in the company to supervise the operation of its news division. The tech giant that is owned by Alphabet Inc. has chosen Shailesh Prakash to be the general manager of the said business...

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Economy

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

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...

Politics

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

Trump Denies Offering Iran Sanctions Relief for Nuclear Concessions

U.S. President Donald Trump on Monday denied reports that his administration had offered Iran sanctions relief and access to frozen funds in exchange for concessions on Tehrans nuclear program. This is untrue. I offered...

Rubio Warns Cuba to Change Course as US Pressure Mounts

U.S. Secretary of State Marco Rubio said Washington hopes Cuba will pursue a different path, warning that Cuban officials should not expect to simply wait out President Donald Trumps administration without making changes....

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...