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Twitter to Purge Inactive Accounts

May 09, 2023 10:29 am UTC| Business Technology

Twitter Inc., an American social media company based in San Francisco, California, said it is planning to remove all the idle accounts on its platform. The companys chief executive officer, Elon Musk, further said that the...

Arby’s Launches it's First Restaurant in Saudi Arabia

May 09, 2023 10:19 am UTC| Business Economy

Arbys, an American restaurant chain, has brought its popular meat sandwich menu to Saudi Arabia. It has opened its very first outlet in the region, and customers can get a taste of what it has to offer in...

HSBC Buys its Chinese Unit HSBC Jintrust Management

May 09, 2023 09:52 am UTC| Business Economy

HSBC has acquired its Chinese unit, HSBC Jintrust Management. The UK-headquartered financial firm reached an agreement for the buyout of its fund partner in China. According to Reuters, the news was shared by people who...

Coupang Eats, Baemin, Yogiyo Food Delivery Offer Huge Discounts as Online Orders Dwindle in South Korea

May 09, 2023 08:40 am UTC| Business Economy

Food delivery companies in South Korea are currently experiencing a slowdown in their business as more and more people are preferring to visit restaurants instead of ordering online and having the food delivered to their...

Samyang Foods Sees Buldak Sauce as Next Cash Cow, Plans to Grow it Into a $75M Brand

May 09, 2023 08:20 am UTC| Business Economy

Samyang Foods Co. Ltd. is planning to grow its Buldak sauce brand as it sees it as the companys next money maker. The South Korean food manufacturer and instant noodle company said its sauce and seasoning business soared...

Hyundai Home Shopping to Upgrade its Customer Service Call Centers with AI Integration

May 09, 2023 08:16 am UTC| Business Economy

Hyundai Home Shopping Network Corp. is adding artificial intelligence (AI) to its customer service call center. The company said the aim of this move is to further improve the convenience for customers. Hyundai Home...

Cadillac Korea to Launch All-Electric LYRIQ

May 09, 2023 08:04 am UTC| Life Economy Business

Cadillac Korea will launch LYRIQ, the brands first all-electric vehicle, in the second half of this year. The LYRIQ, the first vehicle built on General Motors ULTIUM electric vehicle platform, features a high-capacity...

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Economy

USMCA Talks Set to Resume as Mexico Signals New Round of Trade Negotiations

Mexicos Economy Minister Marcelo Ebrard announced that formal negotiations to review the United States-Mexico-Canada Agreement (USMCA) are expected to begin during the week of May 25, signaling a key development in North...

Carney Warns Canada Must Rethink U.S. Ties Amid Trade Tensions and Sovereignty Concerns

Canadian Prime Minister Mark Carney has signaled a shift in how Canada views its long-standing relationship with the United States, warning that close economic and political ties, once considered a major advantage, may now...

Rising U.S.-Iran Conflict Fuels Oil Market Volatility and Ceasefire Uncertainty

Uncertainty continues to cloud the future of the temporary ceasefire between the United States and Iran, as geopolitical tensions intensify following the U.S. seizure of an Iranian-flagged vessel. The two-week pause in...

U.S. Stock Futures Fall as Iran Tensions Rise, Oil Prices Surge

U.S. stock futures moved lower on Monday as renewed geopolitical tensions between the United States and Iran unsettled global markets and raised concerns about the future of a fragile ceasefire expected to expire later...

Oil Prices Surge Amid U.S.-Iran Tensions and Strait of Hormuz Disruptions

Oil prices climbed sharply on Monday as geopolitical tensions between the United States and Iran intensified, raising fresh concerns about global energy supply. Brent crude futures, the global oil benchmark, rose 4.9% to...

Politics

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

Trump Invokes Defense Production Act to Boost U.S. Energy Supply Amid Rising Fuel Prices

U.S. President Donald Trump has invoked the Defense Production Act (DPA) to accelerate domestic energy production, according to a White House announcement. The move comes as the administration seeks to counter rising fuel...

U.S. Labor Secretary Lori Chavez-DeRemer Steps Down, Deputy to Serve as Acting Chief

U.S. Labor Secretary Lori Chavez-DeRemer is stepping down from her position, according to an announcement made Monday by White House Director of Communications Steven Cheung. The sudden leadership change at the Department...

Optimistic Talks Continue on Gaza Disarmament Plan, Envoy Says

A senior envoy from the Board of Peace has expressed cautious optimism about ongoing negotiations aimed at securing the disarmament of Hamas and other militant groups in Gaza. Speaking to Reuters during a visit to...

Pakistan Signals Progress in Bringing Iran to U.S. Talks Amid Ceasefire Deadline Pressure

Pakistan has expressed growing confidence that it can persuade Iran to participate in upcoming diplomatic talks with the United States, according to a Reuters report citing a senior government official. The development...

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

Tesla Q1 Earnings Preview: Robotaxi Delays and SpaceX Merger Speculation Grow

Teslas upcoming first-quarter earnings report, expected Wednesday, may do little to ease investor concerns about the companys long-promised robotaxi strategy. According to analysts at Jefferies, the widening gap between...

Elon Musk Faces French Probe Over X and Grok Amid Rising U.S.-EU Tensions

Tech billionaire Elon Musk is expected to face questioning by French prosecutors as part of an ongoing investigation into his social media platform X and its AI chatbot Grok, a case that could intensify tensions between...

Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns

Chinese robotics stocks showed mixed performance on Monday after a high-profile humanoid robot half-marathon in Beijing highlighted rapid advancements in artificial intelligence and robotics technology. The event drew...

Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank

Vietnams Saigon-Hanoi Commercial Joint Stock Bank (SHB) has signed a strategic cooperation agreement with Chinas Huawei Technologies Group, marking a significant step in the tech giants expansion within Vietnams growing...

SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips

SK Hynix Inc (KS:000660) has announced the mass production of its latest high-performance memory module, the 192GB SOCAMM2, specifically designed to support Nvidias upcoming Vera Rubin artificial intelligence platform....