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Maserati to join electric single seater series Formula E for Gen3

Jan 12, 2022 12:34 pm UTC| Sports Economy Business

Italys Maserati will join the electric single-seater series Formula E from season nine, marking its debut of the championships Gen3 cars. The competition would also mark Maseratis return to single-seater competition...

Redberry becomes first Canadian firm to win Burger King’s Franchisee of the Year Award

Jan 12, 2022 10:25 am UTC| Economy Business

Redberry Restaurants won Burger Kings 2021 Franchisee of the Year in the awards category for those with 50 or more locations, making it the first Canadian firm to receive the honors. Amid the many pandemic-related...

KFC hit with supply chain disruption issues, forced to cut down menu in Australia

Jan 12, 2022 07:05 am UTC| Business Economy

KFC Australia faces a supply shortage and is forced to limit its customers menu. The fast-food chain is experiencing supply chain issues due to interruptions caused by the COVID-19 pandemic. The major disruptions...

AMC Theaters launches Impossible’s plant-based chicken nuggets in the US

Jan 12, 2022 06:07 am UTC| Business Economy

AMC Theaters is offering something new to its customers. The theater chain announced it would start serving plant-based chicken nuggets to movie-goers as snacks while they watch a movie. It was reported that AMC...

ESPN gets into the food business with its new football’s Postseasoning Spice Blend

Jan 12, 2022 05:32 am UTC| Business Economy

ESPN made a surprising announcement late last week, and it was very unexpected. The American multinational cable sports channel just got into the food business by releasing its new Postseasoning Spice Blend. The...

Sales of giant Burger King franchisee hurt by Omicron

Jan 11, 2022 17:52 pm UTC| Economy Business

Syracuse, N.Y.-based Carrols Restaurant Group (CRG) expects the surging omicron variant to have likely hurt its Burger King sales in the last two weeks of the month. Carrols owns 1,000 Burger King units. According to...

Burger King testing a lineup of Whopper Melt sandwiches

Jan 11, 2022 13:24 pm UTC| Economy Business

Burger King is currently testing a new lineup of Whopper Melt sandwiches offering three flavors each at select locations in Toledo, Ohio. Whopper Melt sandwiches are a new way to enjoy the brands signature...

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Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’

Vladimir Putin has finally acknowledged that Ukraines relentless drone attacks on Russias energy infrastructure are having an effect. Speaking to the ruling United Russia party on June 28, the Russian president confirmed...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...