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KFC sees Italy as the European market with the greatest potential

Nov 30, 2021 00:39 am UTC| Life Economy Business

Kentucky Fried Chicken plans to open 20 more branches in Italy, the European market it considers to have the highest growth potential, after inaugurating its 50th restaurant in Verona. Corrado Cagnola, CEO of KFC...

Thailand to boost tourism by making crypto payments easier

Nov 29, 2021 23:22 pm UTC| Economy Digital Currency Business Life

Thailand hopes to attract cryptocurrency holders while promoting its tourist destinations by making it easier for visitors to spend cryptocurrency there. The Tourism Authority of Thailand is already discussing the plan...

Adidas expands metaverse journey in 4-way collaboration with Bored Ape, Punks Comics, Gmoney

Nov 29, 2021 21:31 pm UTC| Digital Currency Economy Business

Adidas is expanding its metaverse journey with a four-way collaboration with the Bored Ape Yacht Club, Pixel Vaults Punks Comic, and crypto investor Gmoney. Images of a forthcoming collaboration with the sportswear...

SK Square invests 98 billion won to become 2nd-largest Korbit shareholder

Nov 29, 2021 20:44 pm UTC| Digital Currency Economy Business

SK Square became the second-largest shareholder of Korbit by investing about 90 billion won in acquiring a 35 percent stake. Korbits largest shareholder is NXC, the holding company of local online game maker...

Ridesharing firm Uber resolves trademark dispute with NY-based Uber ad agency

Nov 29, 2021 19:55 pm UTC| Law Economy Business

New York marketing agency Uber Inc agreed to dismiss its trademark infringement claims in Manhattan federal court against rideshare company Uber Technologies and its advertising partner Adomni over plans to display ads on...

Damian Lillard's sustainable Adidas Dame 8 sneakers set for release in December

Nov 29, 2021 19:52 pm UTC| Sports Economy Business Nature

Adidas would release Damian Lillards Dame 8 shoe, which is the brands first sustainable basketball sneaker, in December. The Portland Trail Blazers guard first teased the shoe during Augusts alumni exhibition game at...

Foreigners pick Korean-style fried chicken over kimchi, bibimbap as their fave Korean food

Nov 29, 2021 16:51 pm UTC| Life Economy Business

Thirty percent of 8,500 individuals from New York, Paris and 15 major cities asked about the Korean food they eat most answered Korean-style fried chicken. In the survey conducted by the Ministry of Agriculture, Food...

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Economy

Xi Jinping Highlights People-to-People Ties as U.S.-China Relations Show Signs of Stabilization

Chinese President Xi Jinping reaffirmed the enduring importance of people-to-people exchanges between China and the United States, emphasizing that cooperation between the two nations will continue regardless of...

Asian Stocks Rise as Japan Tech Shares Rebound Ahead of Fed Minutes and PCE Data

Asian stock markets moved higher on Wednesday, led by a rebound in Japanese technology shares, even as lingering concerns over artificial intelligence continued to weigh on the broader tech sector. Trading activity across...

RBNZ Holds OCR at 2.25% as Inflation Set to Ease Toward 2% Target

The Reserve Bank of New Zealand (RBNZ) kept its official cash rate (OCR) unchanged at 2.25% on Wednesday, signaling that monetary policy will remain supportive as inflation gradually moves back toward the midpoint of its...

Oil Prices Steady as U.S.-Iran Nuclear Talks and Fed Outlook Shape Market Sentiment

Oil prices were largely unchanged in Asian trading on Wednesday after posting sharp losses in the previous session, as progress in U.S.-Iran nuclear negotiations eased concerns about potential supply disruptions. The...

Christine Lagarde Reportedly Set to Exit ECB Before End of Term

Christine Lagarde is expected to step down as President of the European Central Bank (ECB) before completing her full eight-year term, according to a report published Wednesday by the Financial Times. The report cited a...

Politics

Vatican Declines to Join Trump’s “Board of Peace,” Urges UN to Lead Gaza Crisis Efforts

The Vatican has confirmed it will not participate in U.S. President Donald Trumps proposed Board of Peace, a new initiative aimed at overseeing Gazas temporary governance and addressing global conflicts. Cardinal Pietro...

Cambodia’s Hun Manet Urges Thailand to Resolve Border Dispute Amid Fragile Ceasefire

Cambodian Prime Minister Hun Manet has accused Thai forces of occupying Cambodian territory months after renewed fighting along the disputed Cambodia-Thailand border, despite a ceasefire brokered in December. In an...

U.S. Official Alleges China Conducted Underground Nuclear Test at Lop Nor in 2020

A senior U.S. official has alleged that China carried out a covert underground nuclear test in June 2020 at its Lop Nor test site in western China, raising fresh concerns about global nuclear security and arms control....

Zelenskiy Says Trump Pressuring Ukraine as Donbas Peace Talks Intensify

Ukrainian President Volodymyr Zelenskiy has raised concerns that U.S. President Donald Trump is placing excessive pressure on Ukraine to make concessions in ongoing peace negotiations aimed at ending the nearly four-year...

Medical Groups Sue FTC Over Gender-Affirming Care Investigations Amid Trump Policy Dispute

Two leading U.S. medical organizations have filed lawsuits against the Federal Trade Commission (FTC), alleging the agency launched unconstitutional investigations into their support of gender-affirming care for...

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

European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA

BofA Researchs February report highlights a clear split in European IT hardware demand trends, with gaming spending significantly outperforming other consumer technology categories while smartphone sales remain under...

Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South

Microsoft has announced plans to invest up to $50 billion by the end of the decade to expand artificial intelligence (AI) infrastructure and digital capabilities across countries in the Global South. The announcement was...

Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market

Qualcomm (NASDAQ: QCOM) announced on Wednesday that it plans to invest up to $150 million in a new fund dedicated to supporting artificial intelligence startups in India. The move highlights the chipmakers long-term...

Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips

Indian data centre operator Yotta Data Services has announced plans to invest more than $2 billion to develop one of Asias largest AI computing hubs, powered by Nvidias latest Blackwell Ultra chips. The large-scale AI...

YouTube Outage Disrupts Thousands Worldwide as Recommendation System Fails

YouTube experienced a widespread outage on Tuesday evening and early Wednesday morning, affecting thousands of users across the globe. According to checks conducted by Investing.com, the popular video streaming platform...
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