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Kia aims to ditch combustion engine cars and sell only EVs in Europe starting 2035

Nov 12, 2021 06:15 am UTC| Business Economy

Kia Corp. said on Thursday, Nov. 11, that it would no longer sell combustion engine vehicles in Europe. The second-largest automaker in South Korea revealed that starting 2035, it will only be selling electric vehicles in...

The 3 Ways To Fund Your Small Business Startup

Nov 12, 2021 02:04 am UTC| Business

It doesnt matter how great a product you are trying to sell, or how useful your services are if you cant get the funding to start your small business. It can be very expensive to start a business since you not only need...

How to Buy Instagram Followers and Likes from Best Brands? (3 Best Sources)

Nov 12, 2021 00:24 am UTC| Business

Navigating through social media is not always easy, especially for new businesses and influencers that have yet to establish their online reputation. Fortunately, there are a lot of strategies that you can do in order...

S. Korea eyes law revision to allow robot, drone deliveries

Nov 11, 2021 22:51 pm UTC| Law Economy Business

South Koreas Ministry of Economy and Finance will revise the Living Logistics Service Act that is limited to cargo trucks and two-wheeled motor vehicles to include drones and robots as transportation means. Under the...

Luxury brands continue to raise prices in S. Korea amid soaring demand

Nov 11, 2021 22:51 pm UTC| Life Economy Business

South Korean consumers increased appetite for luxury goods during the pandemic has resulted in soaring prices. So far, Celine has raised its prices three times this year. In its latest price hike on Monday, some 10...

US Soccer seals largest commercial agreement ever its history in Nike deal

Nov 11, 2021 22:51 pm UTC| Sports Economy Business

US Soccer extended its long-term apparel partnership with sportswear giant Nike dating back to 1995 in what it describes as the largest commercial agreement in its history. It added that the deal, reportedly for ten...

Golden State Warriors renew Rakuten patch deal

Nov 11, 2021 22:50 pm UTC| Sports Economy Business

The Golden State Warriors of the National Basketball Association (NBA) have extended their jersey patch sponsorship with Japanese e-commerce company Rakuten, which began in 2017. The original patch deal was reportedly...

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Economy

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears

Gold prices stabilized on Friday as weaker-than-expected U.S. nonfarm payrolls data eased concerns over additional Federal Reserve interest rate hikes, helping bullion recover after recently falling to an eight-month low....

China Services PMI Beats Forecasts as Strong Demand Supports June Growth

Chinas services sector expanded at a faster-than-expected pace in June, highlighting the resilience of the countrys economy despite ongoing challenges in domestic consumption. A private business survey released on Friday...

Japan Signals Readiness to Act on Yen as Intervention Speculation Grows

Japans Finance Minister Satsuki Katayama reiterated on Friday that the government is prepared to respond to excessive currency movements whenever necessary, reinforcing market expectations that Japanese authorities remain...

Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence

Moodys believes Perus President-elect Keiko Fujimori is well-positioned to strengthen investor confidence by maintaining economic policy continuity and protecting the countrys key institutions. According to the ratings...

Politics

Taiwan Simulates Chinese Blockade and Invasion in Major Civil Defense Drill

Taiwan has stepped up its civil defense and military preparedness with one of its most comprehensive resilience exercises, simulating a Chinese blockade, cyberattacks, disinformation, infrastructure sabotage, a major...

US Appeals Court Limits ICE Detention Without Bond Hearings After 90 Days

A U.S. federal appeals court ruled that Immigration and Customs Enforcement (ICE) cannot detain migrants for more than 90 days without giving them an opportunity to seek release through a bond hearing, dealing a setback to...

Russia’s Deadly Kyiv Missile and Drone Attack Kills 27 as Zelensky Urges Faster Air Defense Support

Russia launched one of its largest air assaults on Ukraines capital, Kyiv, overnight, killing at least 27 people, injuring 91 others, and damaging around 130 buildings in the deadliest attack on the city this year....

Russian Attacks Kill Three in Eastern Ukraine as Civilian Casualties Mount

Russian attacks across eastern Ukraine killed at least three people on Thursday, including a seven-year-old child, while several others were injured in strikes targeting multiple regions, according to Ukrainian regional...

DHS Investigates Cyber Breach in Homeland Security Information-Sharing Network

The U.S. Department of Homeland Security (DHS) has launched an investigation into a cybersecurity breach involving an unnamed government information-sharing network, raising fresh concerns about the security of sensitive...

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

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

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...

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),...