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Toyota to lose 13,000 car output in factory suspension after suspected cyber attack

Feb 28, 2022 23:57 pm UTC| Economy Business Technology

Toyota Motor Corp will suspend domestic factory operations Tuesday, losing around 13,000 cars of output after a suspected cyber attack hit a supplier of plastic parts and electronic components. There was no information...

Coca-Cola Japan tests bottle-filling water dispensers to help reduce plastic waste

Feb 28, 2022 23:57 pm UTC| Nature Economy Business

Coca-Cola Japan is working on a project called the Bon Aqua Water Bar, a self-serve water dispenser that offers users five different kinds of water cold water, room temperature water, hot water, and strong and weak...

Shell pulls out of energy investments in Russia over Ukraine invasion

Feb 28, 2022 23:57 pm UTC| Economy Investing Business

Global oil and gas giant Shell is pulling out of its joint ventures with Russias state-owned energy giant Gazprom and related entities. The joint ventures include a 27.5 percent stake in a key liquefied natural gas...

US governors, bar owners ditching Russian spirits

Feb 28, 2022 23:57 pm UTC| Politics Economy Life

US governors and individual bar owners are working to pull out Russian vodka from store shelves after Vladimir Putin launched a globally-condemned attack on Ukraine last week. Texas Governor Greg Abbott had asked the...

Hana Bank to include NFT, metaverse in art wealth management expansion

Feb 28, 2022 23:56 pm UTC| Economy Life Business Digital Currency

Hana Bank is expanding its wealth management in collaboration with online auction house Seoul Auction Blue by building new ventures such as nonfungible tokens and metaverse platforms. The bank added that it would also...

Formula One's 2021 revenue surges 87% to US$2.14 billion

Feb 28, 2022 23:56 pm UTC| Sports Economy Business

Formula Ones revenues soared almost 87 percent to US$2.14 billion for 2021, according to the series owner Liberty Media. The operating income was US$40 million, compared to a US$444 million deficit in 2020. Revenue...

McDonald's Ebi and K-Chicken burgers making a comeback on March 2

Feb 28, 2022 23:27 pm UTC| Economy Business Life

The Ebi Burger from their 2019 Flavors of Japan line, and the K-Chicken Burger from their 2020 Taste of Korea line are making a comeback this week in the Philippines as part of McDonalds Flavors of Asia line. These East...

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Economy

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Politics

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

A coalition of Democratic state attorneys general has filed a federal lawsuit seeking to block proposed rules by the Trump administration that would significantly restrict access to gender-affirming care for transgender...

U.S. Pledges Maximum Sanctions on Venezuela Amid Rising Global Tensions

The United States has told the United Nations it will impose and strictly enforce sanctions to the maximum extent against Venezuela in an effort to deprive President Nicolás Maduro of financial resources, escalating...

DOJ Releases New Epstein Files Detailing Alleged Trump Flights on Private Jet

A newly released batch of Jeffrey Epstein-related documents from the U.S. Department of Justice has renewed scrutiny around former President Donald Trumps past social ties to the late financier, according to emails and...

U.S. Coast Guard Faces Resource Strain as It Pursues Venezuela-Linked Oil Tanker

The U.S. Coast Guard is waiting for specialized reinforcements before deciding whether to board and seize a Venezuela-linked oil tanker it has been pursuing since Sunday, according to U.S. officials cited by Reuters. The...

Federal Judge Upholds Trump Administration’s $100,000 H-1B Visa Fee

A federal judge has rejected a legal challenge to President Donald Trumps controversial $100,000 fee on new H-1B visa applications, delivering a significant win for the administrations immigration policy agenda. On...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...