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Chanel Korea limits purchases to one bag per year to curb resales

Oct 14, 2021 23:52 pm UTC| Life Economy Business

Chanel Korea has applied the one bag per person per year on its Timeless Classic flap bag, Coco Handle handbag, and small leather goods, mainly wallets, and pouches, to curb resales. The was an increasing number of...

UK bakery to shut down temporarily for using illegal US-made sprinkles

Oct 14, 2021 23:51 pm UTC| Law Business

The Get Baked bakery in Leeds, England had to temporarily shut down after it was found to be using illegal sprinkles imported from the US. The US-made sprinkles contain E127 food coloring, which cant be used in the UK...

F1 to develop new entertainment model for Chinese racing fans

Oct 14, 2021 23:51 pm UTC| Sports Business Economy

Formula One inked a multi-year partnership with marketing and advertising agency Virtual Real Management (VRM) to develop a new entertainment model for Chinese fans. The events they would offer will take place both and...

LA Lakers makes Germany's DWS its second global partner after S. Korea's Bibigo

Oct 14, 2021 23:16 pm UTC| Sports Business Economy

The NBAs Los Angeles Lakers have inked a second global sponsorship deal with German asset management company DWS after signing a five-year jersey patch deal with South Korean food company Bibigo. The multi-year...

Wendy's announces guarantee for ‘hot and crispy’ fries it will be replaced

Oct 14, 2021 10:08 am UTC| Business Economy

Wendys made an announcement on Wednesday, Oct. 13, and it was about the french fries that it sells. The fast-food restaurant said that it will be replacing orders of french fries that will not be served hot and...

OmniFoods plant-based pork set to be launched at Sainsbury’s supermarkets

Oct 14, 2021 09:49 am UTC| Business Economy

OmniFoods is expanding the reach of its plant-based pork products in the United Kingdom by signing up Sainsburys supermarkets as one of their outlets. The OmniPork Strips and OmniPork Mince have been launched in the...

World’s first plant-based COVID-19 vaccine to be launched by Philip Morris-backed firm

Oct 14, 2021 09:43 am UTC| Business Economy

COVID-19 vaccines are expensive but a new alternative is coming and this will cut the costs. A division of the Japanese pharma company, Mitsubishi Tanabe Pharma Company, has developed the worlds first plant-based...

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Economy

BOJ Rate Hike to 1% by June in Focus as Inflation and Weak Yen Pressure Mount

The Bank of Japan (BOJ) is increasingly expected to raise its key interest rate to 1% by the end of June, according to a recent Reuters poll of economists. The shift in forecasts reflects growing concerns about rising...

Sanae Takaichi Seeks Market Trust as Japan Weighs Spending and Tax Cuts

Japanese Prime Minister Sanae Takaichi is preparing to defend her proactive fiscal policies as parliament begins deliberations on her flagship spending and tax cut plans next week. While Takaichi has pledged to boost...

RBNZ Signals Potential Interest Rate Hike as Inflation Outlook Remains Uncertain

New Zealands central bank has indicated that the next move in interest rates is likely to be upward, although economic uncertainty continues to cloud the timing. Karen Silk, Assistant Governor of the Reserve Bank of New...

Oil Prices Ease After 4% Surge as U.S.-Iran Tensions and Supply Risks Remain in Focus

Oil prices edged lower during early Asian trading on Thursday, retreating slightly after a sharp 4% rally in the previous session. Investors are closely monitoring rising geopolitical tensions between the United States and...

Asian Markets Rise on Tech Rally as Oil and Gold Hold Firm Amid Fed and Geopolitical Tensions

Asian stock markets advanced on Thursday, buoyed by a renewed rally in U.S. technology shares, while geopolitical tensions between the United States and Iran supported oil prices and sustained safe-haven demand for gold....

Politics

Trump Says U.S. Trade Deficit Shrinking Sharply as 2026 Trade Surplus Looms

U.S. President Donald Trump said Wednesday that Americas trade deficit has narrowed significantly due to his 2025 trade tariffs, adding that the country could post its first trade surplus in decades as early as this year....

Lavrov Warns of Serious Consequences if U.S. Launches New Strike on Iran

Russian Foreign Minister Sergei Lavrov has warned that any new U.S. strike on Iran would trigger serious consequences and further destabilize the Middle East. In an interview aired by Saudi Arabias Al-Arabiya television...

U.S. Military Delegation Visits Venezuela After Maduro’s Arrest in Rare Diplomatic Shift

A senior U.S. military delegation led by General Francis Donovan, the top commander overseeing U.S. forces in Latin America, made a surprise visit to Venezuela on Wednesday, marking a significant development in...

South Korean Court to Deliver Landmark Verdict in Yoon Suk Yeol Insurrection Case

A South Korean court is set to deliver a pivotal ruling on whether former President Yoon Suk Yeol masterminded an insurrection during his controversial attempt to impose martial law in December 2024. The decision by the...

Putin Condemns New U.S. Sanctions on Cuba, Pledges Russian Support

Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez at the Kremlin on Wednesday, strongly criticizing newly imposed U.S. restrictions on Cuba and reaffirming Moscows support for the island nation....

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

Mark Zuckerberg Testifies in Youth Social Media Addiction Trial Over Instagram Policies

Meta Platforms CEO Mark Zuckerberg testified in a landmark Los Angeles trial addressing allegations that Instagram and YouTube contributed to youth social media addiction and harmed a young users mental health. The...

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...