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Asahi's Kozel Czech lager beer set for global launch in S. Korea

Apr 17, 2023 06:37 am UTC| Business Economy

Kozel White lager beer is coming to South Korea, where it will be tested before its global launch. Asahi Europe International, which owns the beer brand, made the announcement last week. Although Kozel White is a Czech...

LVMH buys Platinum Invest French jewelry maker

Apr 17, 2023 06:03 am UTC| Business Economy

LVMH, the parent company of Louis Vuitton, Dior, and Tiffany Co., is buying Platinum Invest jewelry maker, and this was announced late last week. It will acquire a majority stake in the French company, which also owns...

Investing in employee ownership could help the Canadian government meet its sustainability goals

Apr 17, 2023 06:00 am UTC| Business

Buried deep in the Canadian governments 2023 budget, and overshadowed by other announcements, is a plan to create an employee ownership trust a specialized legal structure that makes it easier for business owners to sell...

Denzel Rodriquez is Showing US Moms How to Pay Off Their Debt - And Fast

Apr 17, 2023 05:45 am UTC| Business

With the costs of living at an all-time high here in the United States, many are struggling to make ends meet and wondering how theyre going to pay the next influx of bills. The situation is even more stressful for...

Walmart sells its Bonobos menswear brand to WHP Global, EXPR for $75M

Apr 17, 2023 05:17 am UTC| Business Economy

Walmart Inc. has offloaded its Bonobos upscale menswear brand, and this was confirmed last week. The retail company sold the brand to Express Inc. (EXPR) and WHP Global for $75 million. The selling price was far lower...

India posts 4.85 million new car sales in fiscal 2022 to top Japan for first time

Apr 16, 2023 22:15 pm UTC| Economy Business Life

Indias new car sales in fiscal 2022, which ended in March, soared 28.2 percent year-on-year to 4.85 million units, surpassing Japans 4.39 million new vehicle sales. It was the first time for India, which became the...

Apple's batteries to consist of 100% recycled cobalt by 2025

Apr 16, 2023 22:09 pm UTC| Nature Technology Economy Business

Apple announced it would use 100 percent recycled cobalt 1 in all Apple-designed batteries by 2025. After significantly expanding the use of 100 percent certified recycled cobalt over the past three years, its now...

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Economy

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Asian Stocks Rise on AI Optimism and Iran Peace Talk Hopes

Asian stock markets opened higher on Tuesday, supported by renewed optimism around artificial intelligence (AI) demand and reports that Iran may join peace talks with the United States. The positive sentiment helped lift...

KOSPI Hits Record High as AI Chip Demand Lifts SK Hynix and Samsung Stocks

South Koreas KOSPI index climbed to an all-time high on Tuesday, driven largely by strong gains in technology stocks, particularly semiconductor giants benefiting from the artificial intelligence (AI) boom. The benchmark...

Politics

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

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...

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

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...