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Wed, Feb 04, 2026 02:10 AM All times are UTC

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Nike, Adidas to cut order volumes by 40% as sales expected to drop

Dec 03, 2022 13:00 pm UTC| Life Sports Economy Business

Nike and Adidas will reduce their order volumes by 30 percent to 40 percent beginning next summer due to pandemic-related hurdles in China and the pullout of Russia. Both companies have reportedly notified their...

Mizuno launches sneaker collection celebrating Japan's fishing towns

Nov 30, 2022 21:58 pm UTC| Business Sports Life

Mizuno released a trio of sneakers dubbed the Fisherman Pack. which commemorates the fishing towns of Japan via an oceanic palette and trawling-inspired details. Dubbed Mizunos ultimate drop of 2022, the collection...

New Balance attracting younger consumers, says CEO

Nov 30, 2022 21:56 pm UTC| Economy Business Sports Life

New Balance is capitalizing on the retro sneaker trend to bring in the next generation of consumers, resulting in record third-quarter growth and momentum heading into the holidays. The athletic footwear and apparel...

Lionel Messi named first global ambassador of Indonesia's J&T Express

Nov 29, 2022 21:59 pm UTC| Sports Economy Business

Soccer icon Lionel Messi will launch a series of social media and marketing campaigns with JT Express to become the Indonesia-based logistics service providers first-ever global brand ambassador. The campaigns will...

Budweiser to send unsold World Cup beer to winning country

Nov 24, 2022 23:27 pm UTC| Sports Economy Business

Budweiser has pledged to send all of the beer that it couldnt sell in Qatar to the winning country, too. It was just 48 hours away from the start of the tournament when Budweiser, which paid a reported $75 million to...

Saudi Arabian football association ditches Nike for Adidas

Nov 23, 2022 23:16 pm UTC| Sports Economy Business

The Saudi Arabian Football Federation (SAFF) has tapped Adidas to replace Nike as the kit supplier for Saudi Arabias national soccer teams from 2023 to 2026. The deal makes Adidas the exclusive supplier of all training...

Nike, Fanatics to supply uniforms merchandize to Tokyo Giants

Nov 23, 2022 23:12 pm UTC| Sports Economy Business

The Tokyo Giants of the Nippon Professional Baseball have inked a multi-year global licensing partnership making Nike their official uniform supplier, and Fanatics producing and distributing replica uniforms, branded fan...

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Economy

Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the growing importance of international regulatory cooperation during a fintech and regulation conference held in Brussels on Tuesday....

RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, lifting its benchmark cash rate to 3.85% from 3.65%, in a move that was widely anticipated by markets. The decision reflects the...

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

The new US-India trade agreement highlights businesses with significant US market exposure by lowering duties to 18% on Indian exports and providing zero-tariff access for US products. Where US revenue shares vary from 10%...

Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs

Japans exports of agricultural, forestry and fishery products surged to a new all-time high in 2025, rising 12.8% year on year to 1.701 trillion yen (approximately $10.9 billion), according to the Ministry of Agriculture,...

China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order

China and Uruguay have reaffirmed their commitment to deeper cooperation, with Chinese President Xi Jinping calling on both countries to work together to promote an equal and orderly multipolar world and inclusive economic...

Politics

U.S. Condemns South Africa’s Expulsion of Israeli Diplomat Amid Rising Diplomatic Tensions

The United States has sharply criticized South Africas recent decision to expel Israels top diplomat, calling the move politically motivated and harmful to diplomatic norms. The condemnation was delivered on Tuesday by...

Russia Prepares for Post–New START Era as U.S.-Russia Nuclear Arms Control Nears Collapse

Russia has declared it is prepared for a new global security reality in which there are no U.S.-Russian nuclear arms control limits, as the New START treaty is set to expire this week. The landmark agreement, signed in...

Trump Plans Call With Savannah Guthrie After Mother’s Disappearance, Federal Support Considered

U.S. President Donald Trump said Tuesday that he plans to personally reach out to NBC News anchor Savannah Guthrie following the disappearance of her 84-year-old mother, Nancy Guthrie, a case that authorities now believe...

UK and US Reaffirm Strategic Importance of Diego Garcia Base Amid Chagos Sovereignty Dispute

British Prime Minister Keir Starmer and U.S. President Donald Trump have reaffirmed the strategic importance of the U.S.-UK military air base on Diego Garcia in the Chagos Archipelago, committing to close cooperation to...

Trump, Petro Discuss Sanctions and Strengthening U.S.–Colombia Relations After Oval Office Meeting

U.S. President Donald Trump said on Tuesday that he is working on potential sanctions and other cooperative measures with Colombian President Gustavo Petro following a meeting between the two leaders at the White House....

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence

Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...

Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services

Google Cloud, one of Alphabets fastest-growing divisions, has entered into a five-year strategic partnership with Liberty Global aimed at accelerating the adoption of artificial intelligence and cloud technologies across...

Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast

Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026....

Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report

OpenAI CEO Sam Altman has publicly reaffirmed the artificial intelligence companys strong relationship with NVIDIA Corporation (NASDAQ: NVDA), pushing back against recent reports suggesting dissatisfaction with the...

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...