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Hyundai, Kia surpass Suzuki in vehicle sales in India

Jun 18, 2021 16:30 pm UTC| Economy Business

South Koreas for Hyundai Motor Co. and its affiliate Kia Corp. sold a combined 36,501 units in India in May, accounting for 35 percent share of the countrys auto sales, up from 23 percent in April, to claim market...

Supreme Court: Cocoa slaves can’t sue US firms for lack of standing

Jun 18, 2021 15:08 pm UTC| Law Economy Business

The US Supreme Court ruled that Africans enslaved on cocoa farms have no right to sue chocolate processors in the US, such as Nestle and Cargill, reversing lower courts in a 15-year-old case. In an 8 to 1 decision, the...

Coupang founder Kim Bom Seok quits from the company board

Jun 18, 2021 09:42 am UTC| Business Economy

Coupang founder, Kim Bom Seok, was revealed to have stepped down from the companys board. But then again, the move is for the betterment of the business as he is quitting just to have more time to work on overseas...

Hyundai, Kia's Europe sales more than double in May

Jun 18, 2021 09:38 am UTC| Economy Business

Hyundai Motor Co. and affiliate Kia Corp. sold a combined 88,171 vehicles in Europe last month, almost doubling the 42,492 units it sold in the same month a year ago due to robust demand and lower base effect. The...

Mazda to offer 13 new electrified vehicles by 2025

Jun 18, 2021 09:31 am UTC| Economy Business

Mazda Motor Corp. will start launching new electrified vehicle models next year with a goal of offering 13 new variants globally by 2025, including three electric vehicles, five gas-electric hybrids, and five plug-in...

Microsoft announces the appointment of CEO Satya Nadella as chairman of the board

Jun 18, 2021 09:19 am UTC| Business Economy

Microsoft has a new chairman of the board and it is no other than the companys chief executive officer, Satya Nadella. With her assignment at two high posts in the company, it is apparent that he just became even more...

JPMorgan Chase acquires UK’s investment platform Nutmeg

Jun 18, 2021 09:05 am UTC| Business Economy

JPMorgan Chase just purchased Nutmeg, an online investment management company based in London. It was reported that the American investment bank and financial services holding company headquartered in New York City made...

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Economy

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions

U.S. President Donald Trump has reportedly directed his advisers to prepare for a long-term blockade of Iran, marking a strategic shift toward sustained economic pressure as Washington evaluates its next moves in the...

Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict

Australias consumer price index (CPI) rose sharply in March, driven largely by higher fuel costs linked to geopolitical tensions in the Middle East. According to data released by the Australian Bureau of Statistics (ABS),...

Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets

Gold prices dropped sharply on Tuesday, reaching their lowest level in nearly a month as a stronger U.S. dollar and rising oil prices weighed on investor sentiment. Spot gold declined 1.8% to $4,597.06 per ounce, while...

Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns

Oil prices edged lower on Wednesday after reaching a three-week high, as global markets reacted to the United Arab Emirates decision to exit the OPEC alliance. Despite the dip, continued geopolitical tensions surrounding...

Politics

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...