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Thu, Dec 18, 2025 12:50 AM All times are UTC

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Disney CFO Christine McCarthy Steps Down Amid Tumultuous Company Restructuring

Jun 19, 2023 06:20 am UTC| Business Economy

Longtime Walt Disney CFO Christine McCarthy announced her abrupt resignation, leaving amid rumors of discord with top brass during a critical period of company restructuring and a management shake-up. McCarthys exit may...

General Motors Installs Hector Villareal as New CEO for Its Operations in South Korea

Jun 17, 2023 10:56 am UTC| Business Economy

General Motors has appointed a new chief executive officer for its business unit in South Korea. The automaker announced that Hector Villareal would lead its Korean operations and will assume the CEO role on Aug....

KakaoBank Enters Banking Market in Thailand via SCBX Joint Venture Agreement

Jun 17, 2023 10:53 am UTC| Business Economy

KakaoBank Corp. is entering the Thai banking market by signing a joint venture deal with SCBX Group, the parent company of Siam Commercial Bank. Together, they will introduce an online bank in Thailand. The Korea...

Korea’s European Chamber of Commerce Appoint ING Korea Bank’s Head as New Chair

Jun 16, 2023 10:13 am UTC| Business Economy

The European Chamber of Commerce in Korea (ECCK) announced this week that it has recruited the country manager of ING Bank Korea to be its new chairman. The group picked Philippe Van Hoof to lead the non-profit and...

Hanwha Investment Acquires Indonesia’s Ciptadana Financial Company

Jun 16, 2023 10:12 am UTC| Business Economy

Hanwha Investment Securities revealed it has acquired Ciptadana, an Indonesian financial company that specializes in diverse financial services and products. The takeover is part of the companys strategy to augment its...

SK Signet to Offer Tesla-Compatible EV Chargers This Year

Jun 16, 2023 10:02 am UTC| Business Economy

SK Signet Inc. said it would make and introduce chargers for electric vehicles that meet the North American Charging Standard (NACS). The South Korean major charging equipment and solutions provider is set to release these...

Mondelez International to Reduce Business Operations in Russia Amid Calls for Boycott

Jun 16, 2023 10:02 am UTC| Business Economy

Mondelez International Inc. is cutting back on its business operations in Russia, and this was announced by the company on Thursday, June 15. The snack food, beverage, and confectionery manufacturer further shared its...

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Economy

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Honduras Election Recount Delayed Amid Protests and Political Tensions

A special manual recount in Honduras presidential election remained stalled on Wednesday as protests prevented electoral staff from accessing their workplace, deepening political tensions and prolonging uncertainty over...

Dan Bongino to Step Down as FBI Deputy Director After Brief, Controversial Tenure

FBI Deputy Director Dan Bongino announced on Wednesday that he will step down from his role next month, bringing an end to a short and often controversial tenure as the bureaus second-highest-ranking official. The...

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

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...