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Hong Kong offering 500,000 free air travel tickets to lure in tourists for economic recovery

Oct 07, 2022 09:51 am UTC| Business Economy

Hong Kong is making ways to lure tourists back into the country and make its tourism strong again. The arrival of more tourists will be a big help in boosting the countrys economy. Thus, it is devising plans to make them...

Hyundai Mobis injects $1.3B investment to set up EV parts factory in the US

Oct 07, 2022 09:50 am UTC| Business Economy

Hyundai Mobis is a public South Korean car parts company, and it has announced a new investment scheme to build a plant for the production of electric vehicle parts. The new factory is set to be built in the United States,...

Amazon announces holiday hiring spree for 150,000 workers

Oct 07, 2022 09:45 am UTC| Business Economy

Amazon Inc. is expecting a surge in sales this coming holiday season, and as it will also be the busiest period of the year, it announced a new hiring spree to recruit 150,000 additional employees. The applicants will be...

Pixel 7: Google orders 8 million units at launch and aims to double Pixel production in 2023, report says

Oct 07, 2022 09:40 am UTC| Technology Business

Shortly before Google launched the Pixel 7 and Pixel 7 Pro on Thursday, a report claimed that the company has set a production order of 8 million units this year. It is said to be the largest-ever launch order Google made...

IPXHOP inks MOU with Raonwiz to promote K-Gospel IP

Oct 07, 2022 04:11 am UTC| Business

IPXHOP, an integrated IP trading platform, announced that it has signed an MOU with an agency Raonwiz in the field of Christian music. The two companies agreed to promote discovery of artists, music production, and...

Casio to release mid-size G-SHOCK

Oct 06, 2022 23:22 pm UTC| Life Economy Business

Casio Computer Co Ltd has released the GM-S110, a digital-analog combination timepiece, as its latest addition to its G-SHOCK line of shock-resistant watches. The new watch has a mid-size design featuring a luxe metal...

McCafé to offer organic dark roast coffee for home drinking

Oct 06, 2022 23:22 pm UTC| Life Economy Business

McCafé will launch its new high-grown organic dark roast coffee made from 100 percent Arabica beans grown at high elevations in Central and South America for home drinking. The coffee features notes of cocoa and...

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Economy

MOEX Russia Index Closes Flat as Gold Surges and Ruble Strengthens

Russian stocks ended Saturdays session little changed, with the MOEX Russia Index closing flat at 0.00% on the Moscow Exchange. Market activity remained subdued, reflecting a balanced performance across major sectors as...

ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro

The European Central Bank (ECB) has unveiled plans to permanently expand access to its euro liquidity backstop, opening the facility to central banks worldwide in a strategic move to reinforce the euros international...

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Politics

European Leaders Welcome Marco Rubio’s Munich Security Conference Speech, Stress Strong Transatlantic Alliance

U.S. Secretary of State Marco Rubio struck a conciliatory yet candid tone at the Munich Security Conference, describing the United States as the child of Europe and calling for renewed unity within the transatlantic...

Trump’s Bad Bunny Super Bowl Criticism Sparks Concern Among Latino Republicans Ahead of Midterms

President Donald Trumps criticism of Puerto Rican superstar Bad Bunnys Super Bowl halftime show is raising concerns among Republican strategists and Latino leaders as the party heads into crucial congressional elections....

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Reza Pahlavi Urges U.S. Military Intervention as Iran Nuclear Talks Continue

Iranian opposition figure Reza Pahlavi has called for potential U.S. military intervention in Iran, arguing that decisive action could save lives and accelerate political change. Speaking to Reuters on the sidelines of the...

Zelenskiy Urges Serious U.S.-Brokered Peace Talks as Ukraine Faces Pressure Over Concessions

Ukrainian President Volodymyr Zelenskiy said he hopes upcoming U.S.-brokered peace talks in Geneva will deliver meaningful progress toward ending the war, while raising concerns that Ukraine is being asked too frequently...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....
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