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PepsiCo’s Quaker launches low fat, sugar, and salt porridge range

Aug 09, 2022 15:33 pm UTC| Life Economy Business Health

PepsiCos Quaker Oats will launch a non-High in Fat, Sugar, and Salt (HFSS) porridge pot line-up, called Heavenly Oats in chocolate orange and caramel fudge flavors. According to Heather Doyle, senior brand manager at...

Monster to launch flavored alcoholic malt beverage

Aug 09, 2022 11:13 am UTC| Life Economy Business

Monster Beverage Corporation will launch its first flavored alcoholic malt beverage product dubbed The Beast Unleashed late in the 2022 fourth quarter. The six percent alcohol per volume drink will initially be...

Coupang officially begins its financing service, to offer loans to small businesses

Aug 09, 2022 11:09 am UTC| Business Economy

Coupang, the leading e-commerce company in South Korea, is officially opening its finance business. Through this new unit, it will be able to offer loans to small businesses so they can pay for their purchases in easy...

Samsung Electronics, workers reach wage agreement for the first time in over five decades

Aug 09, 2022 10:23 am UTC| Business Economy

Samsung Electronics and its union workers have finally reached a deal concerning salaries. It was reported that this is the very first wage agreement between the two parties in 53 years. The companys union and Samsung...

HBO Max apps receive much-needed updates and new features this week

Aug 09, 2022 10:22 am UTC| Technology Business

HBO Max does not have the best reputation when it comes to its app features and performance, but that could change soon. Warner Bros. Discovery announced its Android/iOS, desktop, and tablet apps have been revamped to add...

Tata Motors signs a $91M deal to buy Ford Motor’s plant in India

Aug 09, 2022 10:07 am UTC| Business Economy

Tata Motors Ltd. confirmed last weekend that it will be buying Ford Motors manufacturing factory in India. The company will be paying $91.5 million or about 7.26 billion rupees for the property. The Indian...

Whirlpool buys InSinkErator waste disposal biz from Emerson Electric for $3B

Aug 09, 2022 10:06 am UTC| Business Economy

Whirlpool Corporation announced that it is buying the Insinkerator waste disposal business from Emerson Electric Company. The company is investing $3 billion in this acquisition deal. As per Reuters, Whirlpool said on...

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Economy

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi are set to hold their first bilateral meeting on Monday since the ruling partys landslide election victory, a discussion that could shape expectations for...

Yen Pulls Back After Rally as Fed Rate Cut Bets Support Dollar Stability

The Japanese yen began the week slightly weaker against the U.S. dollar after posting its strongest weekly gain in more than a year. The currency eased 0.2% to 153.07 per dollar in early Monday trading, following a nearly...

Japan Coalition Urges BOJ Independence as Sales Tax Cut Plan Advances

Japans ruling coalition is signaling a clear stance on monetary policy independence while advancing plans for fiscal stimulus to strengthen the economy. Hirofumi Yoshimura, leader of the Japan Innovation Party (Ishin) and...

Oil Prices Steady as Iran-U.S. Nuclear Talks and OPEC+ Output Plans Shape Market Outlook

Oil prices traded in a narrow range on Monday as investors closely monitored upcoming Iran-U.S. nuclear talks and weighed the potential impact on global crude supply. Concerns that escalating tensions between Washington...

Politics

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Europe Rethinks NATO as U.S. Policy Shifts Shake Transatlantic Alliance

European leaders signaled a turning point in transatlantic relations at the Munich Security Conference, as European Commission President Ursula von der Leyen warned that some lines have been crossed that cannot be...

North Korea’s Ninth Party Congress to Spotlight New Weapons Goals and Military Modernization

North Korea is preparing to unveil fresh weapons development objectives at its Ninth Party Congress, as analysts assess that Pyongyang has only partially achieved the ambitious military targets outlined by leader Kim Jong...

Anduril Industries Seeks $8 Billion Funding at $60 Billion Valuation

U.S. defense tech startup Anduril Industries is reportedly in discussions to raise up to $8 billion in a new funding round that could value the company at no less than $60 billion, according to Bloomberg News, citing...

Democrats Pledge Major Spending on Virginia Redistricting Ahead of Midterm Elections

House Minority Leader Hakeem Jeffries said Democrats are prepared to spend tens of millions of dollars to support a Virginia redistricting initiative that could potentially secure four additional U.S. House seats for the...

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

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

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...

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...