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Tue, Sep 29, 2026 10:38 PM All times are UTC

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SAS Scandinavian airline files for bankruptcy amid strike staged by the pilots

Jul 06, 2022 09:38 am UTC| Business Economy

SAS Scandinavian Airlines has filed for Chapter 11 in the United States as its pilots stage a strike that has grounded flights. The company made the move to push and hasten its company restructuring plans. According to...

Kanye West served a burger restaurant a cease and desist order, forcing it to change its brand name and logo

Jul 06, 2022 07:34 am UTC| Business Economy

Kanye West reportedly forced an Australian burger restaurant to stop using its name and logo by serving it with a cease and desist order. The American rapper and producer asked the College Dropout Burgers to stop using its...

Samsung, Apple to compete in smartphone market with the release of new foldable phones

Jul 06, 2022 06:42 am UTC| Business Economy

Samsung Electronics is expected to go head to head with Apple as it is set to release its newest foldable smartphones. The South Korean electronics company will be unveiling its Z Fold 4 and Z Flip 4 mobile phone models in...

Coca-Cola to launch Pride Series NFTs

Jul 05, 2022 23:26 pm UTC| Life Economy Business Technology

Coca-Cola will be launching 136 Pride series NFTs in collaboration with designer and advocate for LGBTQIA+ rights, Rich Mnisi. Some of the NFTs are already listed on OpenSea. The Coca-Cola Pride Series NFTs have a...

California court uphelds Monster's $175 million trademark win against Bang Energy

Jul 05, 2022 23:15 pm UTC| Law Economy Business

A California federal court has upheld an arbitrators $175 million award for Monster Energy Co and orange-drink maker Orange Bang Inc against Vital Pharmaceuticals Inc for trademark infringement. Vital, which...

Japanese convenience store Ministop switches from plastic to edible spoons for ice cream

Jul 05, 2022 23:11 pm UTC| Nature Life Economy Business

To reduce its plastic waste, Japanese convenience store Ministop will expand the use of edible spoons made from ice cream cones for its popular soft-serve ice cream, Minisof. In May 2022, two of Ministops directly...

Hyundai Motor discontinues plan to construct LNG plant

Jul 05, 2022 23:01 pm UTC| Nature Economy Business

Hyundai Motor Co. has scrapped its plan to build a liquefied natural gas (LNG)-powered thermal power plant and would instead accelerate the installation of solar panels at its major factories. The top South Korean...

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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

Polymarket Traders Bet on Trump AI Rename to ‘Super Intelligence’

Polymarket traders are betting on whether President Donald Trump will formally rename artificial intelligence as super intelligence, after he publicly called for the terminology change and federal officials began adopting...

Tim Scott Blames Democrats as CLARITY Act Stalls in Senate

Senate Banking Committee Chairman Tim Scott criticized Democrats after the U.S. Senate failed to advance the CLARITY Act, arguing the stalled crypto legislation represented a missed opportunity to establish clearer rules...

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...

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...