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Toyota overtakes GM as top auto seller in US in 2021

Jan 05, 2022 23:28 pm UTC| Economy Business

Toyota grew annual sales in the United States by 10.4 percent to 2.3 million in 2021 to overtake General Motors, which suffered a 12.9 percent drop to 2.2 million, for the top spot. The shift came a year after assembly...

Nike readies St. Patrick’s Day sneaker earlier than usual to offset supply woes

Jan 05, 2022 15:52 pm UTC| Economy Life Business

Nike has whipped up a green sneaker featuring suede panels, metallic gold Swooshes, and shamrock details dubbed St. Patricks Day Dunk Lows to commemorate this years Irish holiday much earlier than expected to offset...

PepsiCo's Mountain Dew debuts MTN DEW SPARK Zero Sugar for the new year

Jan 05, 2022 11:02 am UTC| Business Economy

Mountain Dew has a new item, and it promises to be another refreshing drink but without the sugar. The new PepsiCo product under the Mountain Dew brand announced the launch of MTN DEW SPARK Zero Sugar, and it is now...

Starbucks adds Pistachio Latte to the menu, launches Meatless Mondays

Jan 05, 2022 10:46 am UTC| Business Economy

Starbucks released several holiday drinks in the fourth quarter of 2021, and most of them have been favorites. And as another year has arrived, the coffee chain giant is bringing back another well-loved beverage and it is...

KFC adding plant-based chicken to the menu in partnership with Beyond Meat

Jan 05, 2022 10:22 am UTC| Business Economy

KFC is set to launch its plant-based chicken, and it will be offered for a limited time only. The fried chicken restaurant will add the new food item to its menu starting Jan. 10, and customers can buy them from KFC...

McDonald’s Japan boosts Samurai Mac lineup with Umakara, Smoked Mayo Triple Bacon

Jan 05, 2022 09:57 am UTC| Economy Business Life

McDonalds Japan Co Ltd will start selling the Umakara Double-Thick Beef Burger and the Smoked Mayo Triple Bacon Thick Beef Burger on Jan. 5 as part of its Samurai Mac team. The Roasted Soy Sauce Double-Thick Beef Burger...

Starbucks Hong Kong, OmniFoods partner to launch Chinese New Year Sandwich

Jan 05, 2022 08:42 am UTC| Business Economy

Starbucks Hong Kong and OmniFoods have joined forces to launch a festive food item. The two firms are releasing the Omni Golden Fillet Ciabatta Sandwich for their fourth collaborative project. As per Green Queen, the...

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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

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...

US Envoy Urges Taiwan to Build ‘Hornet’s Nest’ Drone Defense Against China

Taiwan should rapidly expand its drone capabilities to strengthen deterrence against potential conflict with China, the top U.S. representative to the island said on Thursday, underscoring growing support for Taipeis...

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...