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Mon, Apr 13, 2026 05:07 AM All times are UTC

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Macy’s Rejects Arkhouse’s $5.8B Unsolicited Takeover Proposal

Jan 22, 2024 09:57 am UTC| Business

Arkhouse Management and Brigade Capital Management confirmed it forwarded an acquisition proposal to Macys on Dec. 1, 2023. The company said that, along with its partner, they offered to buy the department store chain for...

Kindred Group Reveals FDJ’s $2.5B Acquisition Bid

Jan 22, 2024 09:31 am UTC| Business

Kindred Group, the leading online gambling company, confirmed on Sunday, Jan. 21, that it has received an acquisition bid from Frances La Française des Jeux (FDJ), the operator of Frances national lottery games. The...

CD Projekt Plans Production of Next Game in 'Witcher' Series

Jan 22, 2024 09:14 am UTC| Business Technology

CD Projekts joint CEO, Adam Badowski, revealed the companys plans to kickstart the production phase of the next installment in its blockbuster Witcher series. The aim is to have approximately 400 team members dedicated to...

Sony Terminates $10 Billion Merger With Zee Entertainment Amid Leadership Impasse

Jan 22, 2024 08:57 am UTC| Business

In a recent development, Sony Group has sent a termination letter to Zee Entertainment, calling off their $10 billion merger of their India operations. This decision comes following an impasse over the leadership of the...

ADM Appoints Interim CFO to Replace Vikram Luthar, Who Is on Administrative Leave Over Probe

Jan 22, 2024 08:56 am UTC| Business

ADM or Archer Daniels Midland, a grain merchant and food processing company, announced on Sunday, Jan 21, that it appointed Ismael Roig as its interim chief financial officer. The companys board of directors made the...

Pizza Hut Unveils the Unique and Flavorful Kotteri-fuu Ramen Pizza

Jan 22, 2024 08:07 am UTC| Business

Pizza and ramen, two beloved comfort foods in Japan, have joined forces in Pizza Huts latest culinary creation. The Kotteri-fuu Ramen Pizza combines the best of both worlds, offering a limited-time dining experience for...

Panasonic's Battery Business to Prioritize Productivity Amid Cooling EV Demand

Jan 22, 2024 08:02 am UTC| Business

Panasonics battery business must emphasize productivity improvement in response to a slowdown in electric vehicle (EV) demand, according to Group CEO Yuki Kusumi. Previously, Panasonic Energy aimed to decide about the...

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Economy

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

Politics

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Science

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...

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...

Technology

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...