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Arla allots €500 million to pay milk farmers more for sustainability

Oct 08, 2022 22:15 pm UTC| Nature Economy Business

Arla Foods will pay farmers more for their milk if they reduce emissions on their farms under its 500 million sustainability incentive scheme. The scheme is designed to help the company achieve its 2030 emission...

Tyson Foods moves corporate employees to Arkansas as Chicago faces more corporate departures

Oct 07, 2022 15:24 pm UTC| Business Economy

Tyson Foods is an American food manufacturer that is also the second-largest processor and marketer of pork, beef, and chicken in the world. The company announced that it would be moving its corporate employees who are...

KSOE wins new $1.5B contract as Maersk orders 7 eco-friendly ships

Oct 07, 2022 12:36 pm UTC| Business Economy

The Korea Shipbuilding Offshore Engineering, or KSOE revealed on Wednesday, Oct. 5, that it has secured a new shipbuilding contract with Maersk. The order was for the construction and delivery of seven...

POSCO, GS Energy establish $121M battery recycling JV

Oct 07, 2022 10:40 am UTC| Business Economy

POSCO Holdings and GS Energy Corporation have joined forces to form a joint venture to advance their respective battery recycling business, which is being developed as their secondary growth drivers. GS Energy is the...

Peloton to terminate 500 jobs amid its restructuring works for recovery and growth

Oct 07, 2022 10:08 am UTC| Business Economy

Peloton Interactive Inc. is reducing its workforce, which will in the termination of another 500 jobs. The exercise equipment manufacturer is still going through a restructuring for business recovery and growth, but after...

Steam Deck reservation is no longer required to order Valve's handheld gaming PC

Oct 07, 2022 10:03 am UTC| Technology Business

Valve says it has increased its manufacturing capabilities to meet the demand for its handheld gaming PC. The company then announced on Thursday that customers can now order the device even if they do not have a...

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...

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Economy

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears

Gold prices saw a modest increase on Friday, supported by a weaker U.S. dollar and renewed geopolitical developments involving the United States and Iran. Despite this slight rebound, the precious metal remains on track...

Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions

Oil prices remained relatively stable on Friday as optimism over renewed U.S.-Iran negotiations helped calm market fears, even as supply disruptions in the Strait of Hormuz continued to support prices. Brent crude futures...

Wall Street Hits Record High as Tech Stocks Surge Amid U.S.-Iran Developments

Wall Street closed at record levels on Friday, driven by strong investor optimism surrounding potential U.S.-Iran peace talks and robust earnings from major technology companies. The stock market showed mixed results, with...

Politics

US Freezes $344M in Crypto Linked to Iran Amid Escalating Sanctions

The U.S. Treasury Department has intensified its crackdown on illicit financial networks by sanctioning multiple cryptocurrency wallets tied to Iran, resulting in the freeze of approximately $344 million in digital assets....

Trump to Discuss Iran, NATO, and UK Digital Tax with King Charles During U.S. Visit

U.S. President Donald Trump revealed that key global and economic issuesincluding Iran, NATO, and the United Kingdoms digital services taxwill be central topics in his upcoming discussions with King Charles during the...

King Charles to Join NYC Mayor Zohran Mamdani at 9/11 Memorial During U.S. Visit

New York City Mayor Zohran Mamdani is set to participate in a solemn 9/11 memorial wreath-laying ceremony alongside Britains King Charles during the monarchs upcoming visit to the United States, according to an official...

Israeli Strikes in Gaza Kill 12, Including Police Officers, Amid Ongoing Ceasefire Violations

Israeli airstrikes and shelling across Gaza on Friday killed at least 12 people, including six police officers, according to Palestinian health officials. The latest escalation highlights the fragile security situation in...

Argentina Court Upholds Cristina Kirchner Asset Seizure in Corruption Case

An Argentine appellate court has upheld a ruling to confiscate the assets of former President Cristina Fernández de Kirchner, reinforcing a major development in her ongoing corruption case. The decision, reported by...

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

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...