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Mon, Apr 06, 2026 07:31 AM All times are UTC

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VinFast Plots $4B EV Factory in North Carolina; Aims for Dominance in US Market

Jul 20, 2023 10:25 am UTC| Life Economy Business

Vietnamese automaker VinFast plans to cement its American foothold by constructing a $4 billion electric vehicle (EV) factory in North Carolina, signaling its aggressive expansion into the United States market amid rising...

Estee Lauder Suffers Cyberattack: Confidential Data Stolen, Business Operations Disrupted

Jul 20, 2023 09:55 am UTC| Business Economy Technology

American cosmetics giant Estee Lauder confirmed this week that it fell victim to a substantial cyberattack, leading to compromised data and disrupted operations. Although the specifics of the stolen data remain...

Gucci CEO Steps Down Amid Kering Group's Strategic Management Overhaul

Jul 20, 2023 09:50 am UTC| Business Economy

Guccis Chief Executive Officer, Marco Bizzarri, is set to resign later this year amid a significant leadership shake-up at its parent company, Kering Group. The move, part of an aggressive effort to outpace rival LVMH, is...

GM Korea Debuts Customized Chevrolet Trailblazer for Domestic Market, Building on Impressive Global Sales

Jul 20, 2023 09:30 am UTC| Economy Business Life

General Motors (GM) Korea steps up in the SUV segment by releasing a revamped Chevrolet Trailblazer, specifically designed for South Koreas discerning consumers. Since its 2020 debut, the Trailblazer has shown remarkable...

LG Unveils EXAONE 2.0: A Giant Leap in AI with Multimodal, Energy-Efficient Technology

Jul 20, 2023 08:58 am UTC| Technology Economy Business

LG AI Research introduced its second-generation AI model, EXAONE 2.0, a multimodal, more efficient, and energy-conserving upgrade, during the LG AI Talk Concert. Trained on a vast 45-million patent paper dataset and 350...

Tata Motors Picks UK for New £4B Electric Vehicle Battery Plant, Bolsters British Auto Industry

Jul 20, 2023 08:47 am UTC| Business Economy

Tata Motors, the parent company of Jaguar Land Rover, has chosen the UK for its new electric vehicle battery plant, planning a landmark 4 billion investment. This significant move is set to generate roughly 4,000 jobs and...

Johnson & Johnson Takes Legal Action Against Biden Administration Over Drug Prices

Jul 20, 2023 07:56 am UTC| Business Economy

Johnson Johnson is joining the other major pharmaceutical company in challenging President Bidens administrations Inflation Reduction Act which gives Medicare more powers to trim down prices of medicines. This week,...

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Economy

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

Asian currencies struggled to find clear direction on Monday as the US dollar remained resilient, with investors carefully weighing escalating geopolitical risks in the Middle East against emerging ceasefire diplomacy. The...

Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

The Bank of Japan has raised concerns about the potential deterioration of regional economies, citing escalating oil prices and supply chain disruptions linked to ongoing conflict in the Middle East. In its latest...

India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

Indias services sector expanded at its slowest pace in 14 months during March, as the ongoing Middle East conflict weighed on domestic demand and cost pressures intensified sharply, according to the latest HSBC India...

Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer

Japanese and South Korean stock markets edged higher during thin holiday trading on Monday, buoyed by renewed optimism surrounding a potential ceasefire between the United States and Iran. Trading activity remained muted...

Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns

Citigroup has revised its Federal Reserve rate cut timeline, pushing back expectations following stronger-than-anticipated U.S. job growth and lingering inflation pressures. The Wall Street giant now anticipates 75 basis...

Politics

Trump Endorses Steve Hilton for California Governor

Donald Trump has thrown his full support behind Steve Hilton, a Fox News host and former British government official, in Californias upcoming gubernatorial race. Announcing his endorsement on Truth Social, Trump expressed...

Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

North Korea Tests Advanced Solid-Fuel ICBM Engine With Carbon Fiber Technology

South Korean lawmakers revealed Monday that North Koreas latest solid-fuel rocket engine test represents a major leap forward in the countrys intercontinental ballistic missile (ICBM) program. The development raises...

Taiwan Opposition Leader's China Visit: A Peace Mission Amid Rising Tensions

Taiwans Kuomintang (KMT) chairwoman Cheng Li-wun is heading to China on Tuesday in a landmark visit the first by a KMT leader in over a decade. She describes the trip as a peace mission, with a potential meeting with...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...