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L'Oreal to collaborate with South Korea's Hotel Shilla to launch its new luxury beauty brand

Jun 22, 2022 09:41 am UTC| Business Economy

LOreal is set to launch its new luxury beauty brand in South Korea, and for this, it has tapped Hotel Shilla as a partner. The French cosmetic and personal care brand and Koreas luxury hotel are working together for the...

Paris Baguette's parent company signs JV with Malaysia's Berjaya Food to target halal market

Jun 22, 2022 09:00 am UTC| Business Economy

Paris Baguettes parent company, the SPC Group, has signed a joint venture deal with Malaysias Berjaya Food. As part of the agreement, they will be building a production plant in Malaysia and target the halal market, which...

American Airlines cancels flight service in three US cities as pilot shortage bites

Jun 22, 2022 08:39 am UTC| Business Economy

American Airlines announced this week that it would be ending its service in three cities in the United States this fall. The carrier cited the shortage of pilots as the reason for the decision. As per Fox Business,...

Naver, Qualcomm team up to build first 5G drones in South Korea

Jun 22, 2022 07:54 am UTC| Business Economy

Naver Cloud and Qualcomm announced earlier this week that they have partnered to develop South Koreas first drone that will operate on a 5G wireless network. They have also teamed up with Koreas Argosdyne, a drone mobility...

Pfizer buys 8.1% stake in Valneva French vaccines firm

Jun 22, 2022 07:23 am UTC| Business Economy

Pfizer has acquired a stake in Valneva, a French biotech company, to jointly develop a vaccine for Lyme disease. The former entered into an Equity Subscription Agreement with Valneva and will begin collaboration for the...

Canadian meat retailers seek exemption of ground beef from health warning label law

Jun 21, 2022 23:55 pm UTC| Law Economy Business Health

Canadian ground beef processors and retailers are requesting authorities not to flag their products under a health warning label law against food and beverages with over 15 percent of the recommended daily allowance for...

Germany to fire up coal stations as Russia reduces gas supply

Jun 21, 2022 23:53 pm UTC| Nature Economy Business

Germany must increase the burning of coal to help fill gas storage facilities for next winter, as the country moves away from reduced Russian gas supplies, says Economy Minister Robert Habeck. Habeck said Germany is...

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Economy

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

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...

Politics

Taiwan Minister Visits Eswatini Amid Airspace Dispute and China Pressure Claims

Taiwans Foreign Minister Lin Chia-lung has arrived in Eswatini, reaffirming Taipeis determination to expand its global presence despite alleged interference from China. His visit comes shortly after Taiwan accused Beijing...

Russian Drone and Missile Strikes Devastate Dnipro, Killing 10 and Injuring Dozens

Russian forces launched a series of intense drone and missile attacks on the southeastern Ukrainian city of Dnipro, killing at least 10 people and injuring dozens in one of the most prolonged assaults in recent months. The...

Ukraine Marks 40 Years Since Chornobyl Disaster Amid Ongoing War Risks

Ukraine is commemorating the 40th anniversary of the Chornobyl nuclear disaster under the shadow of continued conflict with Russia, raising fresh concerns about nuclear safety in the region. The 1986 explosion at reactor...

Palestinian Local Elections Resume in Gaza and West Bank Amid Low Turnout and Ongoing Crisis

Palestinians participated in local elections on Saturday, marking a significant political moment as voting extended to Gaza for the first time in nearly two decades. The inclusion of Deir al-Balah, a city in the Gaza...

Romania Condemns Russian Drone Incident as NATO Tensions Rise

Romania has recovered fragments of two drones following an overnight Russian attack on neighboring Ukraine, raising fresh concerns about regional security and NATO airspace violations. According to Romanias defense...

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...